Treasury Regulations (26 C.F.R.)
26 CFR § 53.6651-1
Failure to file tax return or to pay tax.
# (a) General rules.
For general rules relating to the failure to file tax return or to pay tax, see the regulations under section 6651 contained in part 301 of this chapter (Regulations on Procedure and Administration).
# (b) Special rule where foundation files return.
(1) Except as provided in paragraph (b)(2) of this section, in the case of tax imposed by section 4941(a)(1) on any disqualified person, reasonable cause shall be presumed, for purposes of section 6651(a)(1), where the private foundation or trust described in section 4947(a)(2) files a return in good faith and such return indicates no tax liability with respect to such tax on the part of such disqualified person.
(2) Paragraph (b)(1) of this section shall not apply where the disqualified person knew of facts which, if known by the foundation, would have precluded the foundation from making the return, as filed, in good faith.
Source: view the official text
In this part (40 sections)
- 53.4961-2 · Court proceedings to determine liability for second tier…
- 53.4963-1 · Definitions.
- 53.4965-1 · Overview.
- 53.4965-2 · Covered tax-exempt entities.
- 53.4965-3 · Prohibited tax shelter transactions.
- 53.4965-4 · Definition of tax-exempt party to a prohibited tax shelter…
- 53.4965-5 · Entity managers and related definitions.
- 53.4965-6 · Meaning of “knows or has reason to know”.
- 53.4965-7 · Taxes on prohibited tax shelter transactions.
- 53.4965-8 · Definition of net income and proceeds and standard for…
- 53.4965-9 · Effective/applicability dates.
- 53.4968-1 · Excise tax based on investment income of certain private…
- 53.4968-2 · Net investment income.
- 53.4968-3 · Related organizations.
- 53.4968-4 · Applicability date.
- 53.6001-1 · Notice or regulations requiring records, statements, and…
- 53.6011-1 · General requirement of return, statement or list.
- 53.6011-4 · Requirement of statement disclosing participation in…
- 53.6060-1 · Reporting requirements for tax return preparers.
- 53.6061-1 · Signing of returns and other documents.
- 53.6065-1 · Verification of returns.
- 53.6071-1 · Time for filing returns.
- 53.6081-1 · Automatic extension of time for filing the return to report…
- 53.6091-1 · Place for filing chapter 42 tax returns.
- 53.6091-2 · Exceptional cases.
- 53.6107-1 · Tax return preparer must furnish copy of return or claim…
- 53.6109-1 · Tax return preparers furnishing identifying numbers for…
- 53.6151-1 · Time and place for paying tax shown on returns.
- 53.6161-1 · Extension of time for paying tax or deficiency.
- 53.6165-1 · Bonds where time to pay tax or deficiency has been extended.
- 53.6601-1 · Interest on underpayment, nonpayment, or extensions of time…
- 53.6651-1 · Failure to file tax return or to pay tax.
- 53.6694-1 · Section 6694 penalties applicable to tax return preparer.
- 53.6694-2 · Penalties for understatement due to an unreasonable…
- 53.6694-3 · Penalty for understatement due to willful, reckless, or…
- 53.6694-4 · Extension of period of collection when tax return preparer…
- 53.6695-1 · Other assessable penalties with respect to the preparation…
- 53.6696-1 · Claims for credit or refund by tax return preparers.
- 53.7101-1 · Form of bonds.
- 53.7701-1 · Tax return preparer.