REG-120200-97 (Final) Election Not to Apply Look-Back Methods in De Minimis Cases

ICR 200403-1545-017

OMB: 1545-1572

Federal Form Document

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ICR Details
1545-1572 200403-1545-017
Historical Active 200103-1545-023
TREAS/IRS
REG-120200-97 (Final) Election Not to Apply Look-Back Methods in De Minimis Cases
Extension without change of a currently approved collection   No
Regular
Approved without change 04/20/2004
Retrieve Notice of Action (NOA) 03/17/2004
  Inventory as of this Action Requested Previously Approved
04/30/2007 04/30/2007 05/31/2004
20,000 0 20,000
4,000 0 4,000
0 0 0

The regulations provides rules for electing the benefits of section 460(b)(6) regarding not applying look-back method to long-term contracts in de minimis cases.

None
None


No

1
IC Title Form No. Form Name
REG-120200-97 (Final) Election Not to Apply Look-Back Methods in De Minimis Cases

  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 20,000 20,000 0 0 0 0
Annual Time Burden (Hours) 4,000 4,000 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.
03/17/2004


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