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Federal forms, ICRs, and supporting documents

Information Collection Request

U.S. Income Tax Return of a Foreign Sales Corporations; Schedule P, Transfer Price or Commission

ICR 201212-1545-011 · OMB 1545-0935 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form Schedule P (Form 1 Schedule P (Form 1120-FSC) - Transfer Price or Commission Form and Instruction Modified Available
Form 1120-FSC U.S. Income Tax Return of a Foreign Sales Corporations; Schedule P, Transfer Price or Commission Form Modified Available
1120-FSC&Sch.P_2009SS.doc Supporting Statement A Uploaded 2012-12-20 Repair queued
ombat2.doc Supplementary Document Uploaded 2006-09-01 Available
IC Document Collections
IC IDCollectionTypeStatusForm
190941 Schedule P (Form 1120-FSC) - Transfer Price or Commission Form and Instruction Modified
17540 U.S. Income Tax Return of a Foreign Sales Corporations; Schedule P, Transfer Price or Commission Form Modified
ICR Details
1545-0935 201212-1545-011
Historical Active 200909-1545-037
TREAS/IRS EM-0935-037
U.S. Income Tax Return of a Foreign Sales Corporations; Schedule P, Transfer Price or Commission
Extension without change of a currently approved collection   No
Regular
Approved without change 02/25/2013
Retrieve Notice of Action (NOA) 01/23/2013
  Inventory as of this Action Requested Previously Approved
02/29/2016 36 Months From Approved 02/28/2013
30,000 0 30,000
1,088,250 0 1,088,250
0 0 0
Form 1120-FSC is filed by foreign corporations that have elected to be FSCs or small FSCs. The FSC uses Form 1120-FSC to report income and expenses and to figure its tax liability. IRS uses Form 1120-FSC and Schedule P (Form 1120-FSC) to determine whether the FSC has correctly reported its income and expenses and figured its tax liability correctly.
US Code: 26 USC 6012 Name of Law: null
  
None
Not associated with rulemaking
  77 FR 61832 10/11/2012
78 FR 4982 01/23/2013
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 30,000 30,000 0 0 0 0
Annual Time Burden (Hours) 1,088,250 1,088,250 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$32,120
No
No
Yes
No
No
Uncollected
Oksana Stowbunenko 202 622-0020
  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.
01/23/2013