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A return of income shall be required under this subparagraph only if the foreign corporation is otherwise required to make a return in accordance with this paragraph.
We might interpret that as meaning he was so reckless that he was giving his client a signal that he didn't have to make a return of income.
For provisions disallowing deductions and credits when a return of income has not been filed by or on behalf of a foreign corporation, see section 882(c)(2) and the regulations thereunder, and paragraph (b) (2) and (3) of § 1.535-1.
Whenever a return of income of a foreign corporation is made by an agent acting under a duly authorized power of attorney for that purpose, the return shall be accompanied by the power of attorney in proper form, or a copy thereof specifically authorizing him to represent his principal in making, executing, and filing the income tax return.
"For example, why not consider that income taxes of government employees are just a return of income previously paid to civil servants?
Similar(55)
Corporations required to make returns of income.
§ 1.6012-2 Corequiredns required to make returns of income.
26 CFR § 1.6012-2 - Corequiredns required to make returns of income.
The trustee shall make tax returns of income required under any such State or local law.
This section is applicable for returns of income due after July 1 , 2008
The trustee shall make such tax returns of income of corporations and of partnerships as are required under any State or local law, but with respect to partnerships, shall make such returns only to the extent such returns are also required to be made under such Code.
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