26 U.S.C. § 6696 - Rules applicable with respect to sections 6694, 6695, and 6695A
26 USC 6696 - Rules applicable with respect to sections 6694, 6695, and 6695A
(a) Penalties to be additional to any other penalties
The penalties provided by section[1] 6694, 6695, and 6695A shall be in addition to any other penalties provided by law.
The penalties provided by section[1] 6694, 6695, and 6695A shall be in addition to any other penalties provided by law.
(b) Deficiency procedures not to apply
Subchapter B of chapter 63 (relating to deficiency procedures for income, estate, gift, and certain excise taxes) shall not apply with respect to the assessment or collection of the penalties provided by sections 6694, 6695, and 6695A.
Subchapter B of chapter 63 (relating to deficiency procedures for income, estate, gift, and certain excise taxes) shall not apply with respect to the assessment or collection of the penalties provided by sections 6694, 6695, and 6695A.
(c) Procedure for claiming refund
Any claim for credit or refund of any penalty paid under section 6694, 6695, or 6695A shall be filed in accordance with regulations prescribed by the Secretary.
Any claim for credit or refund of any penalty paid under section 6694, 6695, or 6695A shall be filed in accordance with regulations prescribed by the Secretary.
(d) Periods of limitation
Advertisement
(1) Assessment
The amount of any penalty under section 6694 (a), section[2] 6695, or 6695A shall be assessed within 3 years after the return or claim for refund with respect to which the penalty is assessed was filed, and no proceeding in court without assessment for the collection of such tax shall be begun after the expiration of such period. In the case of any penalty under section 6694 (b), the penalty may be assessed, or a proceeding in court for the collection of the penalty may be begun without assessment, at any time.
The amount of any penalty under section 6694 (a), section[2] 6695, or 6695A shall be assessed within 3 years after the return or claim for refund with respect to which the penalty is assessed was filed, and no proceeding in court without assessment for the collection of such tax shall be begun after the expiration of such period. In the case of any penalty under section 6694 (b), the penalty may be assessed, or a proceeding in court for the collection of the penalty may be begun without assessment, at any time.