Table of Contents

• Notice 2009-5
  • BACKGROUND
  • INTERIM GUIDANCE UNDER SECTION 6694(a)
    • A. Effect of the 2008 Act on Applicability of Notices 2007-54, 2008-11, and 2008-13
    • B. Definition of Substantial Authority
    • C. Interim Penalty Compliance Rules for Tax Shelter Transactions
  • REQUESTS FOR COMMENTS
    • Effect on Other Documents
  • EFFECTIVE DATE
  • CONTACT INFORMATION
• Notice 2009-6
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. TEMPORARY SAFE HARBOR AND TRANSITIONAL RULE
  • SECTION 4. EFFECTIVE DATE
  • SECTION 5. DRAFTING INFORMATION
• Notice 2009-7
  • FACTS
  • TRANSACTION OF INTEREST
    • Effective Date
    • Participation
    • Time for Disclosure
    • Material Advisor Threshold Amount
    • Penalties
  • DRAFTING INFORMATION
• Rev. Proc. 2009-11
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. RETURNS AND CLAIMS FOR REFUND SUBJECT TO THE SECTION 6694 PENALTY
  • SECTION 4. RETURNS AND CLAIMS FOR REFUND SUBJECT TO THE SECTION 6695(b) PENALTY
  • SECTION 5. EFFECT ON OTHER DOCUMENTS
  • SECTION 6. EFFECTIVE DATE
  • SECTION 7. CONTACT INFORMATION
• Rev. Proc. 2009-12
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. PROCEDURE
  • SECTION 4. EFFECTIVE DATE
  • SECTION 5. DRAFTING INFORMATION
• Rev. Proc. 2009-13
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. SCOPE
  • SECTION 4. PROCEDURES
  • SECTION 5. EFFECTIVE DATE
  • SECTION 6. DRAFTING INFORMATION
• Rev. Proc. 2009-14
  • SECTION 1. PURPOSE
  • SECTION 2. BACKGROUND
  • SECTION 3. SCOPE
    • .01 Eligible taxpayers.
    • .02 Eligible taxable years.
    • .03 Eligible issues generally.
    • .04 Relationship of eligible issues to eligible taxable years.
    • .05 Eligible domestic and eligible international issues require coordination and consultation with Associate Chief Counsel.
    • .06 Eligible international issues requiring Associate Chief Counsel (International) concurrence in execution.
    • .07 Special provisions for requests on international issues.
    • .08 Excluded issues.
    • .10 Definition of taxpayer.
  • SECTION 4. REQUESTING A PRE-FILING AGREEMENT
    • .01 Required information.
    • .02 Specific descriptions of issues.
    • .03 Perjury statement.
    • .04 Agreement regarding examination or inspection of records.
    • .05 Signature.
  • SECTION 5. SELECTING TAXPAYERS FOR THE PFA PROGRAM
    • .01 Jurisdiction of LMSB Industry Director and coordination and consultation with the Associate Chief Counsel.
    • .02 Criteria for selection.
    • .03 Notification.
    • .04 Requests not accepted.
  • SECTION 6. PROCESSING A REQUEST FOR A PFA
    • .01 Planning.
    • .02 Continuing coordination.
    • .03 Drafting.
    • .04 Return filing requirements.
    • .05 TEFRA taxpayers.
    • .06 Execution prior to filing.
    • .07 Execution after filing.
  • SECTION 7. NATURE AND EFFECT OF A PFA
    • .01 Criteria for issuance.
  • SECTION 8. WITHDRAWAL
  • SECTION 9. NO PFA EXECUTED
    • .01 Post-filing procedures.
    • .02 Administrative appeals.
  • SECTION 10. USER FEE
    • .01 Taxpayers subject to fees.
    • .02 Amount of fee.
    • .03 Time and method of payment.
    • .04 Withdrawal.
  • SECTION 11. DISCLOSURE
  • SECTION 12. EFFECTIVE DATE AND DURATION OF PROCEDURE
  • SECTION 13. EFFECT ON OTHER DOCUMENTS
  • SECTION 14. RECORDKEEPING REQUIREMENTS
  • SECTION 15. PAPERWORK REDUCTION ACT
  • SECTION 16. DRAFTING INFORMATION