Table of Contents

• Notice 2005-11
  • BACKGROUND AND PRIOR LAW
  • THE AMERICAN JOBS CREATION ACT OF 2004
  • INTERIM GUIDANCE
    • A. Imposition of the Section 6707A Penalty
    • B. Rescission Authority
  • REQUEST FOR COMMENTS
  • DRAFTING INFORMATION
• Notice 2005-12
  • BACKGROUND
    • (1) Section 6662A, Imposition of Accuracy-Related Penalty on Understatements with Respect to Reportable Transactions.
    • (2) Section 6662, Imposition of Accuracy-Related Penalty on Underpayments.
    • (3) Section 6664, Definitions and Special Rules.
  • INTERIM PROVISIONS
    • (1) Adequate disclosure in accordance with section 6011
    • (2) Special rule for amended returns
    • (3) Disqualified tax advisor
    • (a) Organization, Management, Promotion or Sale
    • (b) Disqualified Compensation Arrangements
  • REQUEST FOR COMMENTS
    • Section 6662A. Imposition of Accuracy-Related Penalty on Understatements with Respect to Reportable Transactions.
    • Section 6664. Definitions and Special Rules.
  • DRAFTING INFORMATION
• Notice 2005-14
  • SECTION 1. PURPOSE
  • SECTION 2. OVERVIEW OF § 199
  • SECTION 3. EXPLANATION OF INTERIM GUIDANCE
  • SECTION 4. INTERIM GUIDANCE
  • SECTION 5. EFFECTIVE DATE
  • SECTION 6. REQUEST FOR COMMENTS
  • SECTION 7. DRAFTING INFORMATION
• Notice 2005-15
  • BACKGROUND
  • DESCRIPTION OF REGULATIONS
  • EFFECTIVE DATES
  • REQUEST FOR COMMENTS
• Rev. Proc. 2005-14
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. SCOPE
  • SECTION 4. APPLICATION
  • SECTION 5. EXAMPLES
  • SECTION 6. EFFECTIVE DATE
  • DRAFTING INFORMATION