Elections under Section 338 for Corporations Making Qualified Stock Purchases

ICR 199912-1545-013

OMB: 1545-1428

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
1545-1428 199912-1545-013
Historical Active 199706-1545-016
TREAS/IRS
Elections under Section 338 for Corporations Making Qualified Stock Purchases
Extension without change of a currently approved collection   No
Regular
Approved without change 03/07/2000
Retrieve Notice of Action (NOA) 12/28/1999
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
03/31/2003 03/31/2003 03/31/2000
201 0 201
4,048 0 3,821
0 0 0

Form 8023 is used by corporations that acquire the stock of another corporation to elect to treat the purchase of stock as a purchase of the other corporation's assets. The IRS uses form 8023 to determine if the purchasing corporation reports the sale of its assets on its income tax return and to determine if the purchasing corporation has properly made the election.

None
None


No

1
IC Title Form No. Form Name
Elections under Section 338 for Corporations Making Qualified Stock Purchases 8023

  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 201 201 0 0 0 0
Annual Time Burden (Hours) 4,048 3,821 0 227 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.
12/28/1999


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