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Treasury Regulations · 26 CFR

§ 157.6001-1. Records, statements, and special returns.

In effect eCFR current as of October 15, 2026

Regulation text, no changes From the eCFR, current as of October 15, 2026. The eCFR is an authoritative but unofficial editorial compilation of the Code of Federal Regulations; the official text is the annual CFR on govinfo. Compare it with this section on ecfr.gov (external site) or the official annual CFR on govinfo (external site).

Regulation under 26 U.S.C. § 6001

Cite as 26 CFR § 157.6001-1

At a glance

Read from the text and its source citation. Not part of the regulation.

Status
In the current eCFR
Source
T.D. 9134, 69 FR 41193, July 8, 2004, unless otherwise noted.
Issued under
26 U.S.C. § 6001
Length
140 words · about 1 min to read
(a) In general. Any person subject to tax under chapter 55 (Structured Settlement Factoring Transactions) of the Internal Revenue Code must keep such complete and detailed records as are sufficient to enable the Internal Revenue Service (IRS) to determine accurately the amount of liability under chapter 55.
(b) Notice by the IRS requiring returns, statements, or the keeping of records. The IRS may require any person, by notice served upon him, to make such returns, render such statements, or keep such specific records as will enable the IRS to determine whether or not the person is liable for tax under chapter 55.
(c) Retention of records. The records required by this section must be kept at all times available for inspection by the IRS, and shall be retained so long as the contents thereof may become material in the administration of any internal revenue law.

Other regulations under § 6001

Where it sits in 26 CFR

  1. Subchapter D Miscellaneous excise taxes
  2. Part 157 Excise tax on structured settlement factoring transactions
  3. Subpart B Procedure and Administration

Nearby sections