These regulations eliminate certain impediments in the income tax regulations to mandatory e-filing of U.S. Federal income tax returns by large corporations. These regulations require corporations to attach statements to their returns in order to make the election, or otherwise claim the treatment, allowed by that regulation. These regulations further require the taxpayer to sign the statement. This signature requirement is as impediment to e-filing. This document providers for temporary regulations that eliminate this requirement. These temporary regulations also simplify and clarify the reporting requirements.
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.
RIN 1545-BF26.pdf
SUPPORTING STATEMENT FOR FORM OMB 83-I.doc
REG-161919-05 (TEMP) and REG-134317-05 (NPRM) Removing Impediments to E-Filing