The Examination Team Has Been Assigned a Form 1120-F ExaminationThe graphic is a decision tree to determine if the guidelines for handling delinquent returns under the waiver procedures apply. This is the start of the flowchart.Process 1Does the filing of the Form 1120-F meet the relevant deadline under Treas. Reg. 1.882-4(a)(3)(i) (as determined by the examination team)?If no, go to Process 2.If yes, then the guidelines for handling delinquent Forms 1120-F under the waiver procedures do not apply.Process 2Has the taxpayer submitted a request for waiver under Treas. Reg. 1.882-4(a)(3)(ii)?If yes, go to Process 3.If no, go to Process 4.Process 3The examination team should develop the facts relevant to the waiver and reach a recommendation to grant or deny the request. The waiver request package is prepared and submitted to the territory manager.Does the examination team, with the concurrence of the territory manager, recommend granting the waiver request?If yes, go to Process 6.If no, go to Process 12.Process 4The examination team should make the taxpayer aware in writing of the option to request a waiver.Does the taxpayer submit a request for waiver under Treas. Reg. 1.882-4(a)(3)(ii)?If yes, go to Process 3.If no, go to Process 5.Process 5The guidelines for handling delinquent Forms 1120-F under the waiver procedures do not apply and the examination team should continue with the examination of the Form 1120-F.End.