BRANCH PROFITS TAX INTL-979-86

ICR 198904-1545-015

OMB: 1545-1070

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
170816
Migrated
ICR Details
1545-1070 198904-1545-015
Historical Active 198808-1545-045
TREAS/IRS
BRANCH PROFITS TAX INTL-979-86
No material or nonsubstantive change to a currently approved collection   No
Emergency 04/03/1989
Approved with change 04/03/1989
Retrieve Notice of Action (NOA) 04/03/1989
  Inventory as of this Action Requested Previously Approved
11/30/1991 11/30/1991 11/30/1991
48,225 0 48,225
22,128 0 22,128
0 0 0

THIS REGULATION EXPLAINS HOW TO COMPLY WITH SECTION 884 OF THE INTERNAL REVENUE CODE WHICH IMPOSES A TAX ON THE EARNINGS OF A FOREIGN CORPORATION DOING BUSINESS IN THE U.S. TO THE EXTENT THE EARNINGS ARE REMOVED FROM U.S. BUSINESS OPERATIONS. IN ADDITION, INTEREST PAID BY A FOREIGN CORPORATION'S U.S. BUSINESS, AND CERTAIN INTEREST DEDUCTED BY THE BUSINESS, ARE SUBJECT TO TAX.

None
None


No

1
IC Title Form No. Form Name
BRANCH PROFITS TAX INTL-979-86

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 48,225 48,225 0 0 0 0
Annual Time Burden (Hours) 22,128 22,128 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

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.
04/03/1989


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