Approved through
September 1993 with the condition that IRS shall provide no later
than September 1992, a summary of the status of proposed
legislative changes affecting Form 1116 and an analysis of
alternatives for using information provided to IRS by regulated
investment companies to reduce the difficulty of completing Part
II. Your request to omit printing the expiration date on this form
is approved. Also, you may continue to use previous versions of
this for
Inventory as of this Action
Requested
Previously Approved
09/30/1993
09/30/1993
12/31/1991
589,900
0
589,900
3,415,521
0
3,203,157
0
0
0
FORM 1116 IS USED BY INDIVIDUALS
(INCLUDING NONRESIDENT ALIENS) AND AND FIDUCIARIES WHO PAID FOREIGN
INCOME TAXES ON U.S. TAXABLE INCOME A FIDUCIARIES WHO PAID FOREIGN
INCOME TAXES ON U.S. TAXABLE INCOME TO COMPUTE THE FOREIGN TAX
CREDIT. THIS INFORMATION IS USED BY IRS TO VERIFY THE FOREIGN TAX
CREDIT.
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.