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Federal forms, ICRs, and supporting documents

Information Collection Request

Return by a Shareholder Making Certain Late Elections To End Treatment as a Passive Foreign Investment Company

ICR 200510-1545-021 · OMB 1545-1950 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
19671 Return by a Shareholder Making Certain Late Elections To End Treatment as a Passive Foreign Investment Company Form Migrated
ICR Details
1545-1950 200510-1545-021
Historical Active 200506-1545-020
TREAS/IRS
Return by a Shareholder Making Certain Late Elections To End Treatment as a Passive Foreign Investment Company
Extension without change of a currently approved collection   No
Regular
Approved without change 12/19/2005
Retrieve Notice of Action (NOA) 10/20/2005
  Inventory as of this Action Requested Previously Approved
12/31/2008 12/31/2008 12/31/2005
1,000 0 1,000
65,400 0 65,400
0 0 0
Form 8621-A is used by certain taxpayer/investors to request ending of their treatment as investing in a Passive Foreign Investment Company. New regulations are being written in support of the new products. The underlying law is in IRC sections 1297 and 1298.
None
None
No
1
IC Title Form No. Form Name
Return by a Shareholder Making Certain Late Elections To End Treatment as a Passive Foreign Investment Company 8621-A
  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 1,000 1,000 0 0 0 0
Annual Time Burden (Hours) 65,400 65,400 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.
10/20/2005