Compliance Assurance Process (CAP) Application and Associated Forms

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form 14234-F Post-Filing Representation by Taxpayer	Form	New	Available
Form 14234-F Post-Filing Representation by Taxpayer	Form	New	Repair queued
Form 14234-E Compliance Assurance Process (CAP) Cross Border Activities Questionnaire (CBAQ)	Form	New	Available
Form 14234-E Compliance Assurance Process (CAP) Cross Border Activities Questionnaire	Form	New	Repair queued
Form 14234-D Tax Control Framework Questionnaire	Form	New	Repair queued
Form 14234-D Tax Control Framework Questionnaire	Form	New	Repair queued
Form 14234-C Taxpayer Initial Issues List	Form	New	Available
Form 14234-C Taxpayer Initial Issues List	Form	New	Repair queued
Form 14234-B Material Intercompany Transactions Template (MITT)	Form	New	Available
Form 14234-B Material Intercompany Transactions Template (MITT)	Form	New	Repair queued
Form 14234-A Compliance Assurance Process (CAP)	Form	New	Repair queued
Form 14234-A Compliance Assurance Process (CAP) Research Credit Questionnaire	Form	New	Repair queued
Form 14234 Compliance Assurance Process (CAP) Application	Form	New	Repair queued
Form 14234 Compliance Assurance Process (CAP) Application	Form	New	Repair queued
Form 14234-D Tax Control Framework Questionnaire	Form	Removed	Available
Form 14234-C Taxpayer Initial Issues List	Form	Removed	Available
Form 14234-b Material Intercompany Transactions Template (MITT)	Form	Removed	Available
Form 14234 -A Compliance Assurance Process (CAP)	Form	Removed	Available
Form 14234 Compliance Assurance Process (CAP) Application	Form	Removed	Available
Form 14234 Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	Form	Removed	Repair queued
Suppt Stmnt _1545-2312_.docx	Supporting Statement A	Uploaded 2024-06-11	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
268244	Post-Filing Representation by Taxpayer	Form	New	Post-Filing Representation by Taxpayer
268244	Post-Filing Representation by Taxpayer	Form	New
268243	Compliance Assurance Process (CAP) Cross Border Activities Questionnaire	Form	New	Compliance Assurance Process (CAP) Cross Border Activities Questionnaire (CBAQ)
268243	Compliance Assurance Process (CAP) Cross Border Activities Questionnaire	Form	New
268242	Tax Control Framework Questionnaire	Form	New	Tax Control Framework Questionnaire
268242	Tax Control Framework Questionnaire	Form	New
268241	Taxpayer Initial Issues List	Form	New	Taxpayer Initial Issues List
268241	Taxpayer Initial Issues List	Form	New
268240	Material Intercompany Transactions Template (MITT)	Form	New	Material Intercompany Transactions Template (MITT)
268240	Material Intercompany Transactions Template (MITT)	Form	New
268239	Compliance Assurance Process (CAP) Research Credit Questionnaire	Form	New	Compliance Assurance Process (CAP)
268239	Compliance Assurance Process (CAP) Research Credit Questionnaire	Form	New
268238	Compliance Assurance Process (CAP) Application	Form	New	Compliance Assurance Process (CAP) Application
268238	Compliance Assurance Process (CAP) Application	Form	New
258273	Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	Form	Removed	Tax Control Framework Questionnaire
258273	Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	Form	Removed	Taxpayer Initial Issues List
258273	Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	Form	Removed	Material Intercompany Transactions Template (MITT)
258273	Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	Form	Removed	Compliance Assurance Process (CAP)
258273	Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	Form	Removed	Compliance Assurance Process (CAP) Application
258273	Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	Form	Removed

ICR Details

OMB Control No: 1545-2312	ICR Reference No: 202402-1545-008
Status: Active	Previous ICR Reference No: 202302-1545-004
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: Compliance Assurance Process (CAP) Application and Associated Forms
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/08/2024
Retrieve Notice of Action (NOA)	Date Received in OIRA: 06/21/2024
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2027	36 Months From Approved	09/30/2026
Responses	875	0	125
Time Burden (Hours)	4,682	0	1,584
Cost Burden (Dollars)	0	0	0

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Abstract: Compliance Assurance Process (CAP) Application and Associated Forms is strictly a voluntary program available to Large Business and International Division (LB&I) taxpayers that meet the selection criteria. CAP is a real-time review of completed business transactions during the CAP year with the goal of providing certainty of the tax return within 90 days of the filing. Taxpayers in CAP are required to be cooperative and transparent and report all material issues and items related to completed business transactions to the review team.

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Authorizing Statute(s): US Code: 26 USC 6011 Name of Law: General requirement of return, statement or list.;
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 20535	03/22/2024
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 52218	06/21/2024
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 7

table that charts list of burden

IC Title	Form No.	Form Name
Compliance Assurance Process (CAP) Application	14234	Compliance Assurance Process (CAP) Application
Compliance Assurance Process (CAP) Application and (Sub-forms A, B, C, D)	14234, 14234 -A, 14234-b, 14234-C, 14234-D	Compliance Assurance Process (CAP) Application ,   Compliance Assurance Process (CAP) ,   Material Intercompany Transactions Template (MITT) ,   Taxpayer Initial Issues List ,   Tax Control Framework Questionnaire
Compliance Assurance Process (CAP) Cross Border Activities Questionnaire	14234-E	Compliance Assurance Process (CAP) Cross Border Activities Questionnaire (CBAQ)
Compliance Assurance Process (CAP) Research Credit Questionnaire	14234-A	Compliance Assurance Process (CAP)
Material Intercompany Transactions Template (MITT)	14234-B	Material Intercompany Transactions Template (MITT)
Post-Filing Representation by Taxpayer	14234-F	Post-Filing Representation by Taxpayer
Tax Control Framework Questionnaire	14234-D	Tax Control Framework Questionnaire
Taxpayer Initial Issues List	14234-C	Taxpayer Initial Issues List

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ICR Summary of Burden

table that charts list of burden

	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	875	125	0	250	500	0
Annual Time Burden (Hours)	4,682	1,584	0	1,189	1,909	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: IRS is revising the OMB submission to add two new CAP compliance forms Form 14234-E and Form 14234-F. This is increasing the burden due to Agency Discretion by 1,189 of hours. IRS has revised the burden evaluation for the collection. This increases the burden due to Agency Estimate by 1,909 hours.

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Annual Cost to Federal Government: $95,641

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 06/21/2024

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