[Code of Federal Regulations]
[Title 26, Volume 18]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR301.6223(g)-1]

[Page 172-173]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 301_PROCEDURE AND ADMINISTRATION--Table of Contents
 
                               Assessment
 
Sec. 301.6223(g)-1  Responsibilities of the tax matters partner.

    (a) Notices described in section 6223(a)--(1) Notice of beginning of 
proceeding. Except as otherwise provided in Sec. 301.6223(a)-2, the tax 
matters partner shall, within 75 days after the Internal Revenue Service 
mails the notice specified in section 6223(a)(1), forward a copy of that 
notice to each partner not entitled to notice from the Internal Revenue 
Service under section 6223. See Sec. 301.6230(e)-1 for information to 
be furnished to the Internal Revenue Service.
    (2) Notice of final partnership administrative adjustment. The tax 
matters partner shall, within 60 days after the Internal Revenue Service 
mails the notice specified in section 6223(a)(2), forward a copy of that 
notice to each partner not entitled to notice from the Internal Revenue 
Service under section 6223.
    (3) Requirement inapplicable in certain cases. The tax matters 
partner is not required to send notice to a partner if--
    (i) Before the expiration of the applicable 75-day or 60-day period 
the partnership items of that partner have become nonpartnership items 
(for example, by settlement);
    (ii) That partner is an indirect partner and has not been identified 
to the tax matters partner at least 30 days before the tax matters 
partner is required to send such notice;
    (iii) That partner is treated as a partner solely by virtue of Sec. 
301.6231(a)(2)-1;
    (iv) That partner was a member of a notice group as of the date on 
which the notice was mailed to the tax matters partner (see Sec. 
301.6223(b)-1(c)(4) for the date on which a partner becomes a member of 
a notice group);
    (v) The notice has already been provided to that partner by another 
person; or
    (vi) The notice is withdrawn by the Internal Revenue Service under 
Sec. 301.6223(a)-2.
    (b) Other notices or information--(1) In general. The tax matters 
partner shall furnish to the partners specified in paragraph (b)(2) of 
this section information with respect to the following--
    (i) Closing conference with the examining agent;
    (ii) Proposed adjustments, rights of appeal, and requirements for 
filing of a protest;
    (iii) Time and place of any Appeals conference;
    (iv) Acceptance by the Internal Revenue Service of any settlement 
offer;
    (v) Consent to the extension of the period of limitations with 
respect to all partners;
    (vi) Filing of a request for administrative adjustment (including a 
request for substituted return treatment under Sec. 301.6227(c)-1) on 
behalf of the partnership;
    (vii) Filing by the tax matters partner or any other partner of any 
petition for judicial review under sections 6226 or 6228(a);
    (viii) Filing of any appeal with respect to any judicial 
determination provided for in sections 6226 or 6228(a); and
    (ix) Final judicial redetermination.
    (2) Partners to be notified. The tax matters partner shall provide 
information with respect to any action or other matter specified in 
paragraph (b)(1) of this section to all notice group representatives and 
all other partners except partners--
    (i) Whose partnership items become nonpartnership items before the 
expiration of the period specified in paragraph (b)(3) of this section 
for furnishing that information;
    (ii) Who are indirect partners and who are not identified to the tax 
matters partner at least 30 days before the tax matters partner is 
required to provide the information;
    (iii) Who are treated as partners solely by virtue of Sec. 
301.6231(a)(2)-1;
    (iv) Who are members of a notice group as of the date on which the 
tax matters partner takes that action or receives information with 
respect to that matter (see Sec. 301.6223(b)-1(c)(4) for the date on 
which a partner becomes a member of a notice group); or
    (v) Who have already received information with respect to the action 
or matter from any other person.
    (3) Time for furnishing information. The tax matters partner shall 
furnish

[[Page 173]]

information with respect to an action or other matter described in 
paragraph (b)(1) of this section within 30 days of taking the action or 
receiving information with respect to that matter.
    (c) Effective date. This section is applicable to partnership 
taxable years beginning on or after October 4, 2001. For years beginning 
prior to October 4, 2001, see Sec. 301.6223(g)-1T contained in 26 CFR 
part 1, revised April 1, 2001.

[T.D. 8965, 66 FR 50550, Oct. 4, 2001]