T.D. 9083--Golden Parachute Payments

ICR 201604-1545-014

OMB: 1545-1851

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2016-06-14
IC Document Collections
IC ID
Document
Title
Status
19504
Modified
ICR Details
1545-1851 201604-1545-014
Historical Active 201304-1545-006
TREAS/IRS
T.D. 9083--Golden Parachute Payments
Extension without change of a currently approved collection   No
Regular
Approved without change 08/19/2016
Retrieve Notice of Action (NOA) 06/24/2016
  Inventory as of this Action Requested Previously Approved
08/31/2019 36 Months From Approved 08/31/2016
800 0 800
12,000 0 12,000
0 0 0

These regulations deny a deduction for excess parachute payments. A parachute payment is a payment in the nature of compensation to a disqualified individual that is contingent on a change in ownership or control of a corporation. Certain payments, including payments from a small corporation, are exempt from the definition of parachute payment if certain requirements are met (such as shareholder approval and disclosure requirements).

US Code: 26 USC 280G Name of Law: Golden Parachute Payments
  
None

Not associated with rulemaking

  81 FR 18942 04/01/2016
81 FR 39751 06/17/2016
No

1
IC Title Form No. Form Name
T.D. 9083 - Golden Parachute Payments (REG-124312-02)

  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 800 800 0 0 0 0
Annual Time Burden (Hours) 12,000 12,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
Thomas Scholz 202 317-5600

  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.
06/24/2016


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