OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Elections Under Section 338 for Corporations Making Qualified Stock Purchases

ICR 201205-1545-011 · OMB 1545-1428 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 8023 Elections Under Section 338 for Corporations Making Qualified Stock Purchases Form Unchanged Repair queued
8023[1].SUP.doc Supporting Statement A Uploaded 2012-05-15 Available
Expiration Explanation.rtf Supplementary Document Uploaded 2009-04-13 Available
brdn_busi.pdf Supplementary Document Uploaded 2009-04-13 Available
IC Document Collections
IC IDCollectionTypeStatusForm
18317 Elections Under Section 338 for Corporations Making Qualified Stock Purchases Form Unchanged
ICR Details
1545-1428 201205-1545-011
Historical Active 200904-1545-004
TREAS/IRS ah-1428-004
Elections Under Section 338 for Corporations Making Qualified Stock Purchases
Extension without change of a currently approved collection   No
Regular
Approved without change 07/27/2012
Retrieve Notice of Action (NOA) 05/29/2012
  Inventory as of this Action Requested Previously Approved
07/31/2015 36 Months From Approved 07/31/2012
201 0 201
2,559 0 2,559
0 0 0
Form 8023 is used by corporations that acquire the stock of another corporation to elect to treat the purchase of stock as a purchase of the other corporation's assets. The IRS uses Form 8023 to determine if the purchasing corporation reports the sale of its assets on its income tax return and to determine if the purchasing corporation has properly made the election.
US Code: 26 USC 338 Name of Law: Certain stock purchases treated as acquisition.
  
None
Not associated with rulemaking
  77 FR 16588 03/21/2012
77 FR 31422 05/25/2012
No
  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 201 201 0 0 0 0
Annual Time Burden (Hours) 2,559 2,559 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$646
No
No
No
No
No
Uncollected
K. Patilla 202 622-3186
  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.
05/29/2012