Source: http://taxtv.com/code/01754-USCODE-2011-title26-subtitleF-chap68-subchapB-partI-sec6707A/
Timestamp: 2017-11-21 11:56:29
Document Index: 299485184

Matched Legal Cases: ['§6707', '§6707', '§2041', '§811', '§403', '§811']

IRC §6707A. Penalty for failure to include reportable transaction information with return - TaxTV.com
IRC §6707A. Penalty for failure to include reportable transaction information with return
2007—Subsec. (e)(2)(C). Pub. L. 110–172 substituted “section 6662A(e)(2)(B)” for “section 6662A(e)(2)(C)”.Effective Date of 2010 Amendment
Pub. L. 111–240, title II, §2041(b), Sept. 27, 2010, 124 Stat. 2560, provided that: “The amendment made by this section [amending this section] shall apply to penalties assessed after December 31, 2006.”
Pub. L. 108–357, title VIII, §811(c), Oct. 22, 2004, 118 Stat. 1577, as amended by Pub. L. 109–135, title IV, §403(w), Dec. 21, 2005, 119 Stat. 2629, provided that: “The amendments made by this section [enacting this section] shall apply to returns and statements the due date for which is after the date of the enactment of this Act [Oct. 22, 2004] and which were not filed before such date.”
Pub. L. 108–357, title VIII, §811(d), Oct. 22, 2004, 118 Stat. 1577, provided that: “The Commissioner of Internal Revenue shall annually report to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate—
“(1) a summary of the total number and aggregate amount of penalties imposed, and rescinded, under section 6707A of the Internal Revenue Code of 1986, and
“(2) a description of each penalty rescinded under section 6707(c) of such Code and the reasons therefor.”