CSS Color 4 defines the <color> type.
CSS Color 5 extends each of the color functions with Relative Color Syntax and also adds @color-profile and custom color spaces to color() and device-cmyk().
As pointed out here:
this leads to an interpretation that RCS cannot be nested, because the definition of <color> predates RCS.
Thus, CSS Color 5, which is still a delta spec, needs an updated definition of <color> which includes all these.