Internal Revenue Code Sections 6109 and 6103 with code section 45N. New IRC section 45N was added by section 405 of the Tax Relief and Health Care of 2006. The new form provides a means for the qualified mining company to compute and claim the new markets credit.
Emergency approval is required for the immediate approval of this submission. Since this form must be printed by February 9, expedited approval is critical and imperative to the mission the IRS. The new for provides a means for the qualified mining company to compute and claim the new markets credit.
New ICR submission for new Form 8874-A Notice of Qualified Equity Investment for New Markets Credit.
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Pamela Terembes 202 622-3752
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.