INTL-536-89 (T.D. 8300)(Final) Registration Requirements with Respect to Certain Debt Obligations; Application of Repeal of 30 Percent Withholding by the Tax Reform Act of 1984.

ICR 201006-1545-020

OMB: 1545-1132

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2010-06-07
Supporting Statement A
2010-06-07
ICR Details
1545-1132 201006-1545-020
Historical Active 200704-1545-028
TREAS/IRS CB-1132-028
INTL-536-89 (T.D. 8300)(Final) Registration Requirements with Respect to Certain Debt Obligations; Application of Repeal of 30 Percent Withholding by the Tax Reform Act of 1984.
Extension without change of a currently approved collection   No
Regular
Approved without change 09/16/2010
Retrieve Notice of Action (NOA) 07/28/2010
  Inventory as of this Action Requested Previously Approved
09/30/2013 36 Months From Approved 09/30/2010
5,000 0 5,000
850 0 852
0 0 0

The Internal Revenue Service needs the information in order to ensure that purchasers of bearer obligations are not U.S. persons (other than those permitted to hold obligations under section 165(j) and to ensure that U.S. persons holding bearer obligations properly report income and gain on such obligations.

US Code: 26 USC 6103 Name of Law: Confidentiality and Disclosure of Returns and Return Information
   US Code: 26 USC 165(j) Name of Law: Denial of deduction for losses on certain obligations not in registered form
   US Code: 26 USC 163(f) Name of Law: Denial of deduction for interest on certain obligations not in registered form
   US Code: 26 USC 1287(a) Name of Law: Denial of capital gain treatment for gains on certain obligations not in registered form
  
None

Not associated with rulemaking

  75 FR 13207 03/18/2010
75 FR 42482 07/21/2010
No

  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 5,000 5,000 0 0 0 0
Annual Time Burden (Hours) 850 852 0 0 -2 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Burden decreased by 2 Hours, due to minor adjustment in estimated time per response so that Burden Hours in Supporting Statement will match burden reported in ROCIS.

$0
No
No
No
Uncollected
No
Uncollected
Carl Cooper 202 622-3840

  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.
07/28/2010


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