OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Possessions Corporation Tax Credit Allowed under Section 936

ICR 199612-1545-052 · OMB 1545-0217 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
39710 Possessions Corporation Tax Credit Allowed under Section 936 Form Migrated
ICR Details
1545-0217 199612-1545-052
Historical Active 199501-1545-024
TREAS/IRS
Possessions Corporation Tax Credit Allowed under Section 936
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 12/23/1996
Retrieve Notice of Action (NOA) 12/23/1996
  Inventory as of this Action Requested Previously Approved
12/31/1997 12/31/1997 12/31/1997
1,371 0 1,371
32,713 0 32,096
0 0 0
Form 5735 is used to compute the possessions tax credit under section 936. The credit is allowed to domestic corporations who have a business in a possession. Schedule P is used by corporations who elect to share their income or expenses with their affiliates. Each form provides the IRS with information needed to determine if corporations have correctly computed the tax credit and the cost sharing or profit-split method.
None
None
No
1
IC Title Form No. Form Name
Possessions Corporation Tax Credit Allowed under Section 936 5735, SCHED. P
  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 1,371 1,371 0 0 0 0
Annual Time Burden (Hours) 32,713 32,096 0 617 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
  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.
12/23/1996