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DEPARTMENT OF THE TREASURY
Supporting Statement - Information Collection Request
OMB Control Number – 1513-0096
TTB F 5300.27 - Federal Firearms and Ammunition Excise Tax Deposit
A. JUSTIFICATION
1. What are the circumstances that make this collection of information necessary and what legal or administrative requirements necessitate the collection?
A Federal excise tax is imposed by 26 U.S.C. 4181 on the sale of pistols and revolvers, other firearms, and shells and cartridges (ammunition) sold by firearms manufacturers, producers, and importers. 26 U.S.C. 6001, 6301, and 6302 establish the authority for a deposit of excise tax to be made. 27 CFR 53.157 and 53.159 implement these statutory authorities and specifically prescribe TTB F 5300.27.
This information is necessary to identify the taxpayer and to establish the taxpayer's deposit. TTB F 5300.27 is essential to TTB's ability to administer its tax administration responsibilities for firearms and ammunition.
2. How, by whom and for what purpose is this information used?
The information requested on the deposit form is the absolute minimum necessary to properly credit the payment of tax that accompanies the form. The taxpayer identifies his name, address, telephone number, employer identification number, the calendar quarter to which the payment applies, and the amount of the payment.
TTB examines each deposit form at least once to ensure that taxes have been deposited and credited correctly to a taxpayer's account. Additional examinations of this form frequently occur when TTB conducts on‑site examinations of the taxpayer’s operations.
3. To what extent does this collection of information involve the use of automated, electronic, mechanical, or other technological collection techniques or other forms of information technology? What consideration is given to use information technology to reduce burden?
The use of information technologies will not significantly reduce the burden and probably not be cost effective. The information required on TTB F 5300.27 is minimal. The actual number of occurrences for each taxpayer is normally less than 25 times per year. However, we will approve the use of improved information technology, on a case-by-case basis.
4. What efforts are used to identify duplication? Why can’t any similar information already available be used or modified for use for the purposes described in Item 2 above?
We terminated the Federal Information Locator System (FILS) Program for agency use. However we search an agency subject classification system to identify duplication. Similar information is not available elsewhere for this information collection requirement.
5. If this collection of information impacts small businesses or other small entities,
what methods are used to minimize burden?
The collection of information is not susceptible to reduced requirements for small business.
6. What consequences to Federal program or policy activities and what, if any, technical or legal obstacles to reducing burden will occur if this collection is not conducted or is conducted less frequently?
Deposits of manufacturers excise taxes are required by regulation. The deposit system ensures timely collection of taxes and the use of funds by the Government soon after the taxpayer has collected such taxes from their customers.
Without TTB F 5300.27 the taxpayer would not be able to convey why a particular payment was made to TTB. Consequently, TTB would not be able to apply the payment to the correct type of tax and credit the taxpayer's account for the payment. Less frequent collection of this information would pose jeopardy to the revenue.
The information contained on this form is necessary to identify the particular deposit of tax submitted by a taxpayer. Inability to identify any deposit or payment of tax results in additional costs for both the taxpayer and TTB to resolve. This form eliminates the substantial costs incurred by both the taxpayer and TTB to resolve unidentified deposits or payment of tax.
7. Are there any special circumstances associated with this information collection?
There are no special circumstances associated with this collection.
8. What effort was made to notify the general public about this collection of information?
A 60-day notice was published in the Federal Register (72 FR 31368) on Wednesday, June 6, 2007. The notice solicited comments from the general public. TTB received no comments in response to this notice.
9. What decision was made to provide any payment or gift to respondents, other than reenumeration of contractors or grantees?
No payment or gift is associated with this information collection.
10. What assurance of confidentiality was provided to respondents and what was the basis for the assurance in statute, regulations, or agency policy?
No assurances of confidentiality are provided; however, 26 U.S.C. 6103 and
5 U.S.C. 552 protect the confidentiality of the information collected through this requirement.
11. What justification is there for questions of a sensitive nature?
We ask no questions of a sensitive nature.
12. What is the estimated hour burden of this collection of information?
Each of the 317 respondents file about 20 forms each year. It take 10 minutes to prepare the form. The total burden hours are 1,052.
13. What is the estimated total annual cost burden to respondents or recordkeepers resulting from this collection of information?
Estimates of annual cost to respondents are as follows:
Clerical costs (filing, mailing, etc.) $ 5,000
Other Salary (assembling records,
making calculations, and completing return) 20,000
Overhead 2,000
14. What is the annualized cost to the Federal government?
Estimates of annual cost to the Federal government, based on knowledge of the form's use and requirements and the costs per hour associated with each type of activity are as follows
Printing $ 1,000
Distribution 3,000
Clerical costs 5,000
Other Salary (examination, supervisory, etc.) 30,000
Overhead 3,000
Total $ 42,000
15. What is the reason for any program changes or adjustments reported in Items 13 or 14 of the OMB Form 83-I?
There is an adjustment associated with this collection due to an increase in the number of respondents.
16. Outline plans for tabulation and publication for collections of information whose results will be published.
The results of this collection will not be published.
17. If seeking approval to not display the expiration date for OMB approval of this information collection, what are the reasons that the display would be inappropriate?
We will display the expiration date of OMB approval for this collection.
18. What are the exceptions to the certification statement?
There are no exceptions to the certification statement.
B. Collection of Information Employing Statistical Methods
This collection does not employ statistical methods.
| File Type | application/msword |
| File Title | DEPARTMENT OF THE TREASURY |
| Author | ATF |
| Last Modified By | TTB |
| File Modified | 2007-10-10 |
| File Created | 2004-07-16 |