Section 2801 Tax on Certain
Gifts or Bequests from Covered Expatriates
New
collection (Request for a new OMB Control Number)
No
Regular
05/29/2025
Requested
Previously Approved
36 Months From Approved
1,000
0
7,000
0
0
0
Internal Revenue Code (IRC) section
2801 imposes a tax on United States citizens and residents who
receive gifts or bequests from certain individuals who relinquished
United States citizenship or ceased to be lawful permanent
residents of the United States. The proposed regulations included
in Regulation Identifier Number (RIN) 1545-BJ43 require taxpayers
to keep records and report information related to IRC section 2801
taxes to the IRS.
US Code:
26
USC 2801 Name of Law: Imposition of Tax
PL:
Pub.L. 110 - 245 301 Name of Law: Heroes Earnings Assistance
and Relief Tax Act
PL: Pub.L. 110 - 245 301 Name of Law: Heroes
Earnings Assistance and Relief Tax Act
This is a new information
collection developed to comply with IRC section 2801, added by
section 301 of P.L. 110-245. There was no paperwork burden
previously approved by OMB. The IRS is making this submission to
request a new OMB control number, therefore there is an increase of
burden of 7,000 hours and an increase in responses of 1,000 from a
program change due to new statute.
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.