Revised 2006-27?

[J. Bringhurst]

When Revenue Procedure 2006-27 (revised EPCRS) was issued earlier this year, I rushed right out and printed myself a copy. The version that I have on file indicates that the $375 reduced fee for streamlined non-amender filings is "for each year of the failure." The version currently on the IRS website does not include this language. Does anyone know if technical corrections were issued to the Rev. Proc.?

[namealreadyinuse]

Section 12.03 and Appen. F of the version released in the IRB does not contain that language.

It does not make sense to apply it to each year when the regular fee starts at $750 to reach all the way back to ERISA.

I would disregard it.