CLEAR REFLECTION OF INCOME IN THE CASE OF HEDGING TRANSACTIONS

ICR 199406-1545-003

OMB: 1545-1412

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
1545-1412 199406-1545-003
Historical Active 199310-1545-005
TREAS/IRS
CLEAR REFLECTION OF INCOME IN THE CASE OF HEDGING TRANSACTIONS
Revision of a currently approved collection   No
Regular
Approved without change 07/01/1994
Retrieve Notice of Action (NOA) 06/14/1994
  Inventory as of this Action Requested Previously Approved
06/30/1997 06/30/1997 12/31/1996
50,000 0 1
37,000 0 1
0 0 0

THIS INFORMATION IS REQUIRED BY THE INTERNAL REVENUE SERVICE TO VERIFY COMPLIANCE WITH SECTION 446 OF THE INTERNAL REVENUE CODE. THIS INFORMATION WILL BE USED TO DETERMINE WHETHER THE AMOUNT OF TAX HAS BEEN COMPUTED CORRECTLY. THE LIKELY RECORDKEEPERS ARE BUSINESSES OR OTHER FOR-PROFIT INSTITUTIONS.

None
None


No

1
IC Title Form No. Form Name
CLEAR REFLECTION OF INCOME IN THE CASE OF HEDGING TRANSACTIONS

  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 50,000 1 0 49,999 0 0
Annual Time Burden (Hours) 37,000 1 0 36,999 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
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.
06/14/1994


© 2024 OMB.report | Privacy Policy