Exclusions From Gross Income of Foreign Corporations

ICR 201707-1545-011

OMB: 1545-1677

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2017-08-07
IC Document Collections
ICR Details
1545-1677 201707-1545-011
Historical Active 201405-1545-002
TREAS/IRS
Exclusions From Gross Income of Foreign Corporations
Extension without change of a currently approved collection   No
Regular
Approved without change 11/25/2017
Retrieve Notice of Action (NOA) 09/26/2017
  Inventory as of this Action Requested Previously Approved
11/30/2020 36 Months From Approved 11/30/2017
16,400 0 16,400
23,900 0 23,900
0 0 0

This document contains rules implementing the portions of section 883(a) and (c) of the Internal Revenue Code that relate to income derived by foreign corporations from the international operation of a ship or ships or aircraft. The rules provide, in general, that a foreign corporation organized in a qualified foreign country and engaged in the international operation of ships or aircraft shall exclude qualified income from gross income for purposes of United States Federal income taxation, provided that the corporation can satisfy certain ownership and related documentation requirements.

US Code: 26 USC 883 Name of Law: Exclusions from gross income
  
None

Not associated with rulemaking

  82 FR 29178 06/27/2017
82 FR 44250 09/21/2017
No

1
IC Title Form No. Form Name
TD 9502 (Final) Exclusions From Gross Income of Foreign Corporations

  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 16,400 16,400 0 0 0 0
Annual Time Burden (Hours) 23,900 23,900 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    No
    No
No
No
No
Uncollected
David Lundy 202 317-6933 [email protected]

  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.
09/26/2017


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