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
TD 9492 06JUL10 75FR38700.pdf	Supporting Statement B	Uploaded 2012-03-27	Available
1545-2087_TIPRA_SS.doc	Supporting Statement A	Uploaded 2012-03-27	Available

IC Document Collections

Information collection document groups

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

ICR Details

OMB Control No: 1545-2087	ICR Reference No: 201203-1545-020
Status: Historical Active	Previous ICR Reference No: 200706-1545-040
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: 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: Existing collection in use without an OMB Control Number	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/08/2012
	Date Received in OIRA: 03/27/2012
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2015	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	Final or interim final rulemaking	75 FR 38700	07/06/2010

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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
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 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	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: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This submission is for clearance of the final rule that received preapproval but was never activated.

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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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 03/27/2012

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