Treasury Regulations, Subchapter D, Sec. 156.6081-1

From TaxAlmanac

(a) Authority to grant extension. The Commissioner is authorized to grant a reasonable extension of time for filing any return, statement, or other document that relates to any tax imposed by chapter 54 (Greenmail) of the Code and that is required under the provisions of chapter 54 or the regulations thereunder. However, except in the case of taxpayers who are abroad, such an extension of time shall not be granted for more than 6 months. An extension of time for filing a return shall not extend the time for the payment of the tax or any part thereof unless specified to the contrary in the grant of extension.

(b) Application for extension. The application for an extension of time for filing the return shall be addressed in accordance with the instructions to the extension form and must contain a full recital of the causes for the delay. It should be made before the expiration of the time within which the return otherwise must be filed, and failure to do so may indicate negligence and constitute sufficient cause for denial. It should, where possible, be made sufficiently early to permit consideration of the matter and reply before what otherwise would be the due date of the return.

(c) Filing of return. If an extension of time for filing the return is granted, a return shall be filed before the expiration of the period of extension.

[T.D. 8379, 56 FR 65685, Dec. 18, 1991, as amended by T.D. 9163, 69 FR 70550, Dec. 7, 2004]