Internal Revenue Code · 26 U.S.C.
§ 6695A. Substantial and gross valuation misstatements attributable to incorrect appraisals
Official text, no changes From the Office of the Law Revision Counsel, release point 119-121 (current through Public Law 119-121 (October 9, 2026)). Compare it with the official text at uscode.house.gov (external site).
Cite as 26 U.S.C. § 6695A
At a glance
Read from the text, the source credit and the official notes. Not part of the law.
- Status
- In force
- Added
- August 17, 2006 by Pub. L. 109–280
- Last amended
- December 29, 2007 by Pub. L. 110–172
- Amendments
- 1 dated changes in the source credit
- Length
- 3 subsections · 271 words · about 1 min to read
- Cross-references
- cites 2; cited by 1 Code section and 8 other regulations
(Added Pub. L. 109–280, title XII, § 1219(b)(1), Aug. 17, 2006, 120 Stat. 1084; amended Pub. L. 110–172, §§ 3(e)(1), 11(a)(40), Dec. 29, 2007, 121 Stat. 2474, 2488.)
Cross-references
Computed from the citations in the text of Title 26 and 26 CFR.
This section cites 2 other sections
- § 6662(e) Imposition of accuracy-related penalty on underpayments
- § 6664(a) Definitions and special rules
Cited by 1 Code section
Cited in 8 regulations not issued under it
- § 1.170A-16 Substantiation and reporting requirements for noncash charitable contributions.
- § 1.170A-17 Qualified appraisal and qualified appraiser.
- § 1.6696-1 Claims for credit or refund by tax return preparers or appraisers.
- § 20.6696-1 Claims for credit or refund by tax return preparers or appraisers.
- § 25.6696-1 Claims for credit or refund by tax return preparers.
- § 26.6696-1 Claims for credit or refund by tax return preparers.
- § 28.2801-6 Special rules and cross-references.
- § 28.6696-1 Claims for credit or refund by tax return preparers and appraisers.
Amendment history
From the source credit and the official notes, newest first.
Where it sits in the Code
- Subtitle F Procedure and Administration
- Chapter 68 ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES
- Subchapter B Assessable Penalties
- Part I GENERAL PROVISIONS
Nearby sections
- § 6693 Failure to provide reports on certain tax-favored accounts or annuities; penalties relating to designated nondeductible contributions
- § 6694 Understatement of taxpayer’s liability by tax return preparer
- § 6695 Other assessable penalties with respect to the preparation of tax returns for other persons
- § 6695B Penalty for substantial misstatements on certification provided by supplier
- § 6695A Substantial and gross valuation misstatements attributable to incorrect appraisals
- § 6696 Rules applicable with respect to sections 6694, 6695, 6695A, and 6695B
- § 6697 Repealed
- § 6698 Failure to file partnership return
- § 6698A Repealed
Official notes
Show the Law Revision Counsel's notes (amendments, effective dates)
Editorial Notes
Codification
Section 1219(b)(1) of Pub. L. 109–280, which directed the addition of section 6695A at the end of part I of subchapter B of chapter 68, without specifying the act to be amended, was executed by adding section 6695A at the end of part I of subchapter B of chapter 68 of this title, which consists of the Internal Revenue Code of 1986, to reflect the probable intent of Congress.
Amendments
2007—Subsec. (a). Pub. L. 110–172, § 11(a)(40), designated the words “then such person shall pay a penalty in the amount determined under subsection (b).”, appearing in par. (2), as concluding provisions of subsec. (a).
Subsec. (a)(2). Pub. L. 110–172, § 3(e)(1), inserted “a substantial estate or gift tax valuation understatement (within the meaning of section 6662(g)),” before “or a gross valuation misstatement”.
Statutory Notes and Related Subsidiaries
Effective Date of 2007 Amendment
Amendment by section 3(e)(1) of Pub. L. 110–172 effective as if included in the provisions of the Pension Protection Act of 2006, Pub. L. 109–280, to which such amendment relates, see section 3(j) of Pub. L. 110–172, set out as a note under section 170 of this title.
Effective Date
Section applicable to appraisals prepared with respect to returns or submissions filed after Aug. 17, 2006, with special rule for certain easements, see section 1219(e)(2), (3) of Pub. L. 109–280, set out as an Effective Date of 2006 Amendments note under section 170 of this title.