[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: 26CFR301.6224(b)-1]

[Page 173-174]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 301_PROCEDURE AND ADMINISTRATION--Table of Contents
 
                               Assessment
 
Sec. 301.6224(b)-1  Partner may waive rights.

    (a) In general. A partner may at any time waive any right that the 
partner has or any restriction on action by the Internal Revenue Service 
under subchapter C of chapter 63 of the Internal Revenue Code.
    (b) Form and manner of making waiver. The waiver described in 
paragraph (a) of this section shall be made by a written statement. If 
the Internal Revenue Service furnishes a form to be used for this 
purpose, the partner may make the waiver by completing the form in 
accordance with the form's instructions. If such a form is not 
furnished, the statement shall--
    (1) Be clearly identified as a waiver under section 6224(b);
    (2) Identify the partner and the partnership by name, address, and 
taxpayer identification number;
    (3) Specify the right or restriction being waived and the taxable 
year(s) to which the waiver applies;
    (4) Be signed by the partner making the waiver; and
    (5) Be filed with the service center where the partnership return is 
filed. However, if the person filing the statement knows that the notice 
described in section 6223(a)(1) (beginning of an administrative 
proceeding) has already been mailed to the tax matters partner, the 
statement shall be filed with the Internal Revenue Service office that 
mailed such notice.
    (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,

[[Page 174]]

2001, see Sec. 301.6224(b)-1T contained in 26 CFR part 1, revised April 
1, 2001.

[T.D. 8965, 66 FR 50551, Oct. 4, 2001]