(a) General rule. — Every special partnership shall file a return for each taxable year, stating specifically the items of its gross income and the deductions allowable by this part, the names, address, and account numbers of partners who shall participate in the special partnership gain or loss for such taxable year, and the amounts of such gains or losses. The returns filed under this section on a calendar year basis shall be filed not later than March fifteen (15) following the close of such calendar year. The returns filed on a fiscal year basis shall be filed not later than the fifteenth (15th) day of the third (3rd) month following the close of the taxable year of the special partnership. Any amount due on account of estimated payment as provided in § 30274 of this title shall be paid in full when filing the return required by this section. The return shall be signed under penalty of perjury by the person or persons appointed managing partner, president, vice-president or treasurer or other chief accounting officer. Notwithstanding the above, in those cases in which returns are filed electronically, the electronic signature of the above mentioned officers shall be accepted

urer or other chief accounting officer. Notwithstanding the above, in those cases in which returns are filed electronically, the electronic signature of the above mentioned officers shall be accepted as evidence of authentication that the returns are filed under penalty of perjury. Such returns must enclose financial statements, subject to the provisions of § 30255 of this title. The Secretary may prescribe by regulation such other information that must be included in this return.(b) Report to partners. — Each special partnership required to file a return under subsection (a) for any taxable year shall, not later than the last day of the third (3rd) month following the close of its taxable year, furnish to each person who is a partner of said special partnership a report containing such information as required to be included in the partner’s return, including the amount of the distributive share of the partner in each of the items prescribed in § 30556(a) of this title, the initial contribution, and the additional contributions made by the partner to the partnership’s capital, the distributions made by the partnership, and any other additional information required by

he initial contribution, and the additional contributions made by the partner to the partnership’s capital, the distributions made by the partnership, and any other additional information required by regulations.(c) Automatic extension. — An automatic extension shall be granted to file a return required under subsection (a) provided that such rules and regulations that the Secretary prescribes to grant such extension are complied with. This automatic extension shall be granted for a three (3) month period counted as of the due date set in subsection (a) for filing the return, provided that the special partnership makes a request to such effect no later than on such return filing date.(d) Extension. — The Secretary may, under such rules and regulations as he/she prescribes, grant special partnerships an automatic extension to file the information required under subsection (b) for a period which shall not exceed thirty (30) days counted as of the date set in such subsection (b) to submit the report to members. The Secretary shall prescribe through regulations any such other information that shall be included in the return. History —Jan. 31, 2011, No.

in such subsection (b) to submit the report to members. The Secretary shall prescribe through regulations any such other information that shall be included in the return. History —Jan. 31, 2011, No. 1, § 1061.06, retroactive to Jan. 1, 2011.