QEF or MTM Election by Partner or S Corporation Shareholder Notice Requirement

Guidance on Passive Foreign Investment Companies and Controlled Foreign Corporations Held by Domestic Partnerships and S Corporations and Related Person Insurance Income

Documents and Forms

Document Name Document Type
NPRM - REG-118250-20 .docx Guidance on Passive Foreign Investment Companies and Controlled Foreign Corporations Held by Domestic Partnerships and S Corpora IC Document
NPRM - REG-118250-20 .docx Guidance on Passive Foreign Investment Companies and Controlled Foreign Corporations Held by Domestic Partnerships and S Corpora IC Document

Information Collection (IC) Details

IC Title:	QEF or MTM Election by Partner or S Corporation Shareholder Notice Requirement	Agency IC Tracking Number:

Is this a Common Form? No		IC Status: New

Obligation to Respond: Voluntary

CFR Citation: 26 CFR 1.295-1(d)(2)(ii)(A) 26 CFR 1.295-1(d)(2)(i)(A) 26 CFR 1.296-1(h)(i)(A)

Information Collection Instruments:

Document Type	Form No.	Form Name	Instrument File	URL	Available Electronically?	Can Be Submitted Electronically?	Electronic Capability

Line of Business: General Government

Subfunction: Taxation Management

Privacy Act System of Records
Title:	FR Citation:

Number of Respondents: 1,373,000	Number of Respondents for Small Entity: 0

Affected Public: Individuals or Households

Percentage of Respondents Reporting Electronically: 0 %

	Requested	Program Change Due to Agency Discretion
Annual Number of Responses for this IC	1,373,000	1,373,000
Annual IC Time Burden (Hours)	686,500	686,500
Annual IC Cost Burden (Dollars)	0	0

Documents for IC

Title	Document	Date Uploaded
Guidance on Passive Foreign Investment Companies and Controlled Foreign Corporations Held by Domestic Partnerships and S Corporations and Related Person Insurance Income	NPRM - REG-118250-20 .docx	01/03/2022

Blank fields in records indicate information that was not collected or not collected electronically prior to July 2006.