Internal Revenue Code (Title 26 U.S.C.)
26 U.S.C. § 6689
Failure to file notice of redetermination of foreign tax
# (a) Civil penalty
If the taxpayer fails to notify the Secretary (on or before the date prescribed by regulations for giving such notice) of a foreign tax redetermination, unless it is shown that such failure is due to reasonable cause and not due to willful neglect, there shall be added to the deficiency attributable to such redetermination an amount (not in excess of 25 percent of the deficiency) determined as follows— (1) 5 percent of the deficiency if the failure is for not more than 1 month, with (2) an additional 5 percent of the deficiency for each month (or fraction thereof) during which the failure continues.
# (b) Foreign tax redetermination defined
For purposes of this section, the term "foreign tax redetermination" means any redetermination for which a notice is required under subsection (c) of section 905 or paragraph (2) of section 404A(g).
Source: view the official text
Nearby sections (25 sections)
- 6677 · Failure to file information with respect to certain foreign…
- 6678 · [§6678. Repealed. Pub. L. 99–514, title XV, §1501(d)(2), Oct.…
- 6679 · Failure to file returns, etc., with respect to foreign…
- 6680 · [§6680. Repealed. Pub. L. 94–455, title XIX,…
- 6681 · [§6681. Repealed. Pub. L. 94–455, title XIX, §1904(b)(10)(D)(i),…
- 6682 · False information with respect to withholding
- 6683 · [§6683. Repealed. Pub. L. 109–135, title IV, §403(n)(3)(A), Dec.…
- 6684 · Assessable penalties with respect to liability for tax under…
- 6685 · Assessable penalty with respect to public inspection…
- 6686 · Failure to file returns or supply information by DISC or former…
- 6687 · [§6687. Repealed. Pub. L. 101–239, title VII, §7711(b)(1), Dec.…
- 6688 · Assessable penalties with respect to information required to be…
- 6689 · Failure to file notice of redetermination of foreign tax
- 6690 · Fraudulent statement or failure to furnish statement to plan…
- 6691 · [§6691. Reserved]
- 6692 · Failure to file actuarial report
- 6693 · Failure to provide reports on certain tax-favored accounts or…
- 6694 · Understatement of taxpayer's liability by tax return preparer
- 6695 · Other assessable penalties with respect to the preparation of…
- 6695A · Substantial and gross valuation misstatements attributable to…
- 6696 · Rules applicable with respect to sections 6694, 6695, and 6695A
- 6697 · [§6697. Repealed. Pub. L. 111–325, title V, §501(a), Dec. 22,…
- 6698 · Failure to file partnership return
- 6698A · [§6698A. Repealed. Pub. L. 96–223, title IV, §401(a), Apr. 2,…
- 6699 · Failure to file S corporation return