§6111. Disclosure of reportable transactions — Inbound Citations
26 U.S.C. § 6111
Cited by 3 provisions in release 119-102.
Citations to 26 U.S.C. § 6111 as a whole
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(a) Each material advisor (as defined in section 6111) with respect to any reportable transaction (as defined in section 6707A(c)) shall (whether or not required to file a return under section 6111 with respect to such transaction) maintain (in such manner as the Secretary may by regulations prescribe) a list—(1) identifying each person with respect to whom such advisor acted as a material advisor with respect to such transaction, and(2) containing such other information as the Secretary may by regulations require.
Citations to §6111(a)
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(a) If a person who is required to file a return under section 6111(a) with respect to any reportable transaction—(1) fails to file such return on or before the date prescribed therefor, or(2) files false or incomplete information with the Secretary with respect to such transaction,such person shall pay a penalty with respect to such return in the amount determined under subsection (b).
Citations to §6111(b)(1)
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(I) is a material advisor (within the meaning of section 6111(b)(1)) and participates in the organization, management, promotion, or sale of the transaction or is related (within the meaning of section 267(b) or 707(b)(1)) to any person who so participates,