Report of Cash Payment Over $10,000 Received in a Trade or Business

Forms and Documents

Document Name	Status
Form 8300-SP Report of Cash Payment Over $10,000 Received in a Trade or Business (Businesses and other for-profit) Form and Instruction	Modified
ombat1.rtf Supplementary Document	2006-08-21
ssf8300.doc Supporting Statement A	2006-08-21

IC Document Collections

IC ID	Document Title	Status
45191	Report of Cash Payment Over $10,000 Received in a Trade or Business (Federal Govt.)	New
45190	Report of Cash Payment Over $10,000 Received in a Trade or Business (State, Local, and Tribal Govt.)	New
45189	Report of Cash Payment Over $10,000 Received in a Trade or Business (Farms)	New
39862	Report of Cash Payment Over $10,000 Received in a Trade or Business (Businesses and other for-profit) Form and Instruction	Modified

ICR Details

OMB Control No: 1545-0892	ICR Reference No: 200608-1545-052
Status: Historical Active	Previous ICR Reference No: 200407-1545-062
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: Report of Cash Payment Over $10,000 Received in a Trade or Business
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/20/2006
	Date Received in OIRA: 09/13/2006
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2009	36 Months From Approved	11/30/2006
Responses	210,000	0	210,000
Time Burden (Hours)	87,757	0	87,757
Cost Burden (Dollars)	0	0	0

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Abstract: Anyone in a trade or business who, in the course of such trade or business, receives more than $10,000 in cash or foreign currency in one or more related transactions must report it to the IRS and provide a statement to the payor. Any transaction must report be reported under Title 31 on Form 4789 is exempted from reporting the same transactoin on Form 8300. The USA Patriot Act of 2001 (P.L. 107-56) authorized the Financial Crimes Enforcement Network to collect the information reported on Form 8300. In a joint effort to develo a dual use form, IRS and FinCEN worked together to ensure that the transmission of the data collected to .......

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	71 FR 35337	06/19/2006
30-day Notice:	Federal Register Citation:	Citation Date:
	71 FR 51673	08/30/2006
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 4

IC Title	Form No.	Form Name
Report of Cash Payment Over $10,000 Received in a Trade or Business (Businesses and other for-profit)	8300, 8300-SP	Informe de Pagos en Efectivo en Exceso de $10,000 - Recibidos en una Ocupaci�n o Negocio ,   Report of Cash Payment Over $10,000 Received in a Trade or Business
Report of Cash Payment Over $10,000 Received in a Trade or Business (Farms)
Report of Cash Payment Over $10,000 Received in a Trade or Business (State, Local, and Tribal Govt.)
Report of Cash Payment Over $10,000 Received in a Trade or Business (Federal Govt.)

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ICR Summary of Burden

	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	210,000	210,000	0	0	0	0
Annual Time Burden (Hours)	87,757	87,757	0	0	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: There is no change in total burden. ROCIS has rrequired that the burden be separated by different filers.

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Annual Cost to Federal Government: $24,461

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 09/13/2006

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