CCA 200851071
Omission of Income (25% Rule)--Exception to Period of Limitations
ID: CCA_2008091615370852 Number: 200851071
Release Date: 12/19/2008
Office: ---
UILC: 6501.07-00
From: ---
Sent: Tuesday, September 16, 2008 3:37:13 PM
To: ---
Cc: ---
Subject: 6-year statute
The situation you described to me seems to fall under Northern Indiana Public Service v. Commissioner 101 T.C. 294. Seeing no distinction mentioned in the case, I believe the source of the adjustment or the discovered omission would be immaterial to the analysis of whether the 6-year statute applies to Form
1042. Call me if you have any further questions.
Thanks.
Source: view the official PDF
Nearby sections (25 sections)
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