Revenue Procedure 2003-39, Section 1031 LKE (Like-Kind Exchanges) Auto Leasing Programs

ICR 201904-1545-021

OMB: 1545-1834

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2019-05-07
IC Document Collections
ICR Details
1545-1834 201904-1545-021
Active 201602-1545-028
TREAS/IRS
Revenue Procedure 2003-39, Section 1031 LKE (Like-Kind Exchanges) Auto Leasing Programs
Extension without change of a currently approved collection   No
Regular
Approved without change 07/29/2019
Retrieve Notice of Action (NOA) 06/25/2019
OMB understands that the IRS is currently in the process of revising the methodology it uses to estimate burden and costs. OMB expects that future ICRs under this OMB control number will include dollar estimates of annual burden costs to taxpayers calculated using this revised methodology.
  Inventory as of this Action Requested Previously Approved
07/31/2022 36 Months From Approved 07/31/2019
8,600 0 8,600
8,600 0 8,600
0 0 0

Revenue Procedure 2003-39 provides safe harbors for certain aspects of the qualification under Sec. 1031 of certain exchanges of property pursuant to LKE Programs for federal income tax purposes.

None
None

Not associated with rulemaking

  84 FR 17240 04/24/2019
84 FR 29586 06/24/2019
No

1
IC Title Form No. Form Name
Revenue Procedure 2003-39, Section 1031 LKE (Like-Kind Exchanges) Auto Leasing Programs

  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 8,600 8,600 0 0 0 0
Annual Time Burden (Hours) 8,600 8,600 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
    No
    No
No
No
No
Uncollected
Peter Baumgarten 202 317-4717

  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.
06/25/2019


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