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Federal forms, ICRs, and supporting documents

Information Collection Request

Revenue Procedures 98-46 and 97-44, LIFO Conformity Requirement

ICR 200012-1545-019 · OMB 1545-1559 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
18727 Revenue Procedures 98-46 and 97-44, LIFO Conformity Requirement Migrated
ICR Details
1545-1559 200012-1545-019
Historical Active 199808-1545-057
TREAS/IRS
Revenue Procedures 98-46 and 97-44, LIFO Conformity Requirement
Extension without change of a currently approved collection   No
Regular
Approved without change 02/02/2001
Retrieve Notice of Action (NOA) 12/18/2000
The agency is not required to display the expiration date.
  Inventory as of this Action Requested Previously Approved
02/29/2004 02/29/2004 02/28/2001
5,000 0 5,000
100,000 0 100,000
0 0 0
Revenue Procedure 97-44 permits automobile dealers that comply with the terms of the revenue procedure to continue using the LIFO inventory method despite previous violations of the LIFO conformity requirements of section 472(c) or (e)(2). Revenue Procedure 98-46 modifies Revenue Procedure 97-44 by allowing medium-and heavy-duty truck dealers to take advantage of the favorable relief provided in Revenue Procedure 97-44.
None
None
No
1
IC Title Form No. Form Name
Revenue Procedures 98-46 and 97-44, LIFO Conformity Requirement
  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 5,000 5,000 0 0 0 0
Annual Time Burden (Hours) 100,000 100,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
12/18/2000