FOREIGN TAX CREDIT: NOTIFICATION AND ADJUSTMENT DUE TO FOREIGN TAX REDETERMINATIONS INTL-279-88 (TEMPORARY REGS.) INTL-061-86 (CROSS-REFERENCE OF NPRM)
ICR 198805-1545-003
OMB: 1545-1056
Federal Form Document
⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-1056 can be found here:
FOREIGN TAX CREDIT:
NOTIFICATION AND ADJUSTMENT DUE TO FOREIGN TAX REDETERMINATIONS
INTL-279-88 (TEMPORARY REGS.) INTL-061-86 (CROSS-REFERENCE OF
NPRM)
New
collection (Request for a new OMB Control Number)
SECTION 905(C) REQUIRES NOTIFICATION
AND REDETERMINATION OF A TAXPAYER'S UNITED STATES TAX LIABILITY TO
ACCOUNT FOR THE EFFECT OF A FOREIGN TAX REDETERMINATION IN CERTAIN
CASES. THE REPORTING REQUIREMENTS WILL ENABLE THE INTERNAL REVENUE
SERVICE TO RECOMPUTE A TAXPAYER'S UNITED STATES TAX
LIABILITY.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.