TTB F 5110.56 is used by proprietors
of Distilled Spirits Plants (DSPs) and Alcohol Fuel Plants to file
bond coverage with TTB. Using this form, these proprietors may file
coverage and/or withdraw coverage for one plant or multiple plants.
With this form proprietors of DSPs may also provide operations
coverage for adjacent wine cellars. The bond may be secured through
a surety company or it may be secured with collateral (cash,
Treasury Bonds or Treasury Notes). The bond protects the revenue by
ensuring adequate assests are available to pay tax
liabilities.
US Code:
26
USC 5173 Name of Law: Internal Revenue Code
US Code: 26
USC 5181 Name of Law: Internal Revenue Code
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.