IRC section 6033 requires all private
foundations, including section 4947(A)(1) trusts treated as private
foundations, to file an annual information return. Section
53.4940-1(A) of the income tax regulation requires that the tax on
net investment income be reported on the return filed under section
6033. Section 6011 requires a report of taxes under chapter 42 of
the Code for prohibited acts by private foundations and charitable
trusts.
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.