Notice 2003-67, Notice on Information Reporting for Payments in Lieu of Dividends

ICR 201001-1545-017

OMB: 1545-1858

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2010-02-17
Supplementary Document
2010-01-19
IC Document Collections
ICR Details
1545-1858 201001-1545-017
Historical Active 200610-1545-037
TREAS/IRS db-1858-017
Notice 2003-67, Notice on Information Reporting for Payments in Lieu of Dividends
Extension without change of a currently approved collection   No
Regular
Approved without change 04/18/2010
Retrieve Notice of Action (NOA) 02/26/2010
  Inventory as of this Action Requested Previously Approved
04/30/2013 36 Months From Approved 04/30/2010
600 0 600
60,000 0 60,000
0 0 0

This notice provides guidance to brokers and individuals regarding provisions in the Jobs and Growth Tax Relief Reconciliation Act of 2003. The notice provides rules for brokers to use in determining loanable shares and rules for allocating transferred shares for purposes of determining payments in lieu of dividend reportable to individuals. These rules require brokers to comply with certain recordkeeping requirements to use the favorable rules for determining loanable shares and for allocating transferred shares that may give rise to payments in lieu of dividends.

PL: Pub.L. 108 - 27 4 Name of Law: Jobs and Growth Tax Relief Reconciliation Act of 2003
  
None

Not associated with rulemaking

  74 FR 42161 08/20/2009
75 FR 8188 02/23/2010
No

1
IC Title Form No. Form Name
Notice 2003-67, Notice on Information Reporting for Payments in Lieu of Dividends

  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 600 600 0 0 0 0
Annual Time Burden (Hours) 60,000 60,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
No
Uncollected
Michael Hara 202 622-4910

  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.
02/26/2010


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