[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: 26CFR301.6501(d)-1]

[Page 365-366]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 301_PROCEDURE AND ADMINISTRATION--Table of Contents
 
                               Limitations
 
Sec. 301.6501(d)-1  Request for prompt assessment.

    (a) Except as otherwise provided in section 6501 (c), (e), or (f), 
any tax for which a return is required and for which:
    (1) A decedent or an estate of a decedent may be liable, other than 
the estate tax imposed by chapter 11 of the Code, or
    (2) A corporation which is contemplating dissolution, is in the 
process of dissolution, or has been dissolved, may be liable, shall be 
assessed, or a proceeding in court without assessment for the collection 
of such tax shall be begun, within 18 months after the receipt of a 
written request for prompt assessment thereof.
    (b) The executor, administrator, or other fiduciary representing the 
estate of the decedent, or the corporation, or

[[Page 366]]

the fiduciary representing the dissolved corporation, as the case may 
be, shall, after the return in question has been filed, file the request 
for prompt assessment in writing with the district director for the 
internal revenue district in which such return was filed. The request, 
in order to be effective, must be transmitted separately from any other 
document, must set forth the classes of tax and the taxable periods for 
which the prompt assessment is requested, and must clearly indicate that 
it is a request for prompt assessment under the provisions of section 
6501(d). The effect of such a request is to limit the time in which an 
assessment of tax may be made, or a proceeding in court without 
assessment for collection of tax may be begun, to a period of 18 months 
from the date the request is filed with the proper district director. 
The request does not extend the time within which an assessment may be 
made, or a proceeding in court without assessment years from the date 
the return was filed. This special period of limitations will not apply 
to any return filed after a request for prompt assessment has been made 
unless an additional request is filed in the manner provided herein.
    (c) In the case of a corporation the 18-month period shall not apply 
unless:
    (1) The written request notifies the district director that the 
corporation contemplates dissolution at or before the expiration of such 
18-month period; the dissolution is in good faith begun before the 
expiration of such 18-month period; and the dissolution so begun is 
completed either before or after the expiration of such 18-month period; 
or
    (2) The written request notifies the district director that a 
dissolution has in good faith been begun, and the dissolution is 
completed either before or after the expiration of such 18-month period; 
or
    (3) A dissolution has been completed at the time the written request 
is made.