Proposed and Temporary Regulations Under Sections 4965, 6033(a)(2) and 6011(g) of the Internal Revenue Code (REG-142039-06, REG-139268-06).

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
TIPRA SS.doc	Supporting Statement A	Uploaded 2007-06-21	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
180813	Proposed and Temporary Regulations Under Sections 4965, 6033(a)(2) and 6011(g) of the Internal Revenue Code (REG-142039-06, REG-139268-06).		New

ICR Details

OMB Control No: 1545-2087	ICR Reference No: 200706-1545-040
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: TREAS/IRS	Agency Tracking No: ah-xxxx-040
Title: Proposed and Temporary Regulations Under Sections 4965, 6033(a)(2) and 6011(g) of the Internal Revenue Code (REG-142039-06, REG-139268-06).
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 11/19/2007
	Date Received in OIRA: 06/21/2007
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2010	36 Months From Approved
Responses	6,500	0	0
Time Burden (Hours)	98,500	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: These regulations provide a settlement initiative under which taxpayers and the Service may resolve certain abusive tax transactions.

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Authorizing Statute(s): US Code: 26 USC 6011(g) Name of Law: Income, estate, and gift taxes
   US Code: 26 USC 6033(a)(2) Name of Law: Exemptions from filing
   US Code: 26 USC 4965 Name of Law: Update
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1545-BG18	Proposed rulemaking	72 FR 36927	07/06/2007

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Proposed and Temporary Regulations Under Sections 4965, 6033(a)(2) and 6011(g) of the Internal Revenue Code (REG-142039-06, REG-139268-06).

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ICR Summary of Burden

table that charts list of burden

	Total Request	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	6,500	0	0	6,500	0	0
Annual Time Burden (Hours)	98,500	0	0	98,500	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: No

Burden Reduction Due to:

Short Statement: This is a new collection.

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Annual Cost to Federal Government: $0

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: 06/21/2007

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