# Prop. Treas. Reg. § 301.6723-1: Failure to comply with other information reporting requirements.

Proposed regulation, not in force. REG-118826-16, 83 FR 52726, published 2018-10-17 <https://www.federalregister.gov/documents/2018/10/17/2018-22393/de-minimis-error-safe-harbor-exceptions-to-penalties-for-failure-to-file-correct-information-returns>. Interprets 26 U.S.C. § 6723.

Par. 4. Section 301.6721-0 is revised to read as follows:

(a) Imposition of penalty.

(1) General rule.

(2) Failures subject to the penalty.

(3) Exception for inconsequential errors or omissions.

(4) Specified information reporting requirement defined.

(b) Examples.