Changes in Corporate Control and Capital Structure

ICR 201903-1545-005

OMB: 1545-1814

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2019-03-05
IC Document Collections
IC ID
Document
Title
Status
43891 Modified
ICR Details
1545-1814 201903-1545-005
Active 201512-1545-004
TREAS/IRS
Changes in Corporate Control and Capital Structure
Revision of a currently approved collection   No
Regular
Approved without change 07/16/2019
Retrieve Notice of Action (NOA) 05/31/2019
  Inventory as of this Action Requested Previously Approved
07/31/2022 36 Months From Approved 07/31/2019
600 0 350
108 0 67
0 0 0

Any corporation that undergoes reorganization under Regulation section 1.6043-4T with stock, cash, and other property over $100 million must file Form 1099-CAP with the IRS shareholders.

US Code: 26 USC 6043(c) Name of Law: Changes in control and recapitalizations.
  
None

Not associated with rulemaking

  84 FR 3548 02/12/2019
84 FR 25122 05/30/2019
No

1
IC Title Form No. Form Name
Changes in Corporate Control and Capital Structure 1099-CAP Changes in Corporate Control and Capital Structure

  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 600 350 0 0 250 0
Annual Time Burden (Hours) 108 67 0 0 41 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There are no changes being made to the burden associated with the collection tool at this time. However, the agency is updating the estimated number of responses based on the most recent filing data. The estimated number of responses and respondents has increased from 350 to 600 (increase of 250). The time to complete the collection of information remains 11 minutes. The overall annual time burden has increased from 67 hours to 108 hours (increase of 41 hours), due to the increase in response estimates.

$78,545
No
    Yes
    Yes
No
No
No
Uncollected
Dilip Sippy 859 488-3823 [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.
05/31/2019


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