{"data":{"id":"us/26-cfr-25.6694-3","jurisdiction":"us","citation":"26 CFR 25.6694-3","heading":"-3 Penalty for understatement due to willful, reckless, or intentional conduct.","body":"(a) In general. A person who is a tax return preparer of any return or claim for refund of gift tax under chapter 12 of subtitle B of the Internal Revenue Code (Code) shall be subject to penalties under section 6694(b) of the Code in the manner stated in § 1.6694-3 of this chapter.\n(b) Effective/applicability date. This section is applicable to returns and claims for refund filed, and advice provided, after December 31, 2008.","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER B—ESTATE AND GIFT TAXES","PART 25—GIFT TAX; GIFTS MADE AFTER DECEMBER 31, 1954"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"7e25a524ae06e37e37d902f9b03f15580ff2c78d39dfbe8850db5877b8b8abdb","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-25.6694-2","next":"us/26-cfr-25.6694-4"},"notice":"GroundRules: Original legal text. Not legal advice."}