PS-163-84 (Final) Treatment of Transactions Between Partners and Partnerships

ICR 200105-1545-038

OMB: 1545-1243

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
1545-1243 200105-1545-038
Historical Active 199805-1545-011
TREAS/IRS
PS-163-84 (Final) Treatment of Transactions Between Partners and Partnerships
Extension without change of a currently approved collection   No
Regular
Approved without change 07/17/2001
Retrieve Notice of Action (NOA) 05/17/2001
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
07/31/2004 07/31/2004 07/31/2001
7,500 0 7,500
2,500 0 2,500
0 0 0

Section 707(a)(2) provides that if there are transfers of money or property between a partner and a partnership, the transfer will be treated, in certain situations, as a disguised sale between the partner and the partnership. The regulations provide that the partner or the partnership should disclose the transfers and certain attendant facts in some situations.

None
None


No

1
IC Title Form No. Form Name
PS-163-84 (Final) Treatment of Transactions Between Partners and Partnerships

  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 7,500 7,500 0 0 0 0
Annual Time Burden (Hours) 2,500 2,500 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.
05/17/2001


© 2024 OMB.report | Privacy Policy