OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Interest Charge Domestic International Sales Corporation Return

ICR 201302-1545-020 · OMB 1545-0938 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 1120-IC-DISC (Sch. Intercompany Transfer Price or Commission Form Modified Available
Form 1120-IC-DISC (Sch. Shareholder's Statement of IC-DISC Distributions Form Modified Available
Form 1120-IC-DISC Interest Charge Domestic International Sales Corporation Return Form Modified Available
Expiration Explanation.rtf Supplementary Document Uploaded 2009-12-03 Available
2013SS1120icd.doc Supporting Statement A Uploaded 2013-02-22 Available
IC Document Collections
IC IDCollectionTypeStatusForm
183797 Intercompany Transfer Price or Commission Form Modified
183796 Shareholder's Statement of IC-DISC Distributions Form Modified
17546 Interest Charge Domestic International Sales Corporation Return Form Modified
ICR Details
1545-0938 201302-1545-020
Historical Active 200912-1545-003
TREAS/IRS ah-0938-003
Interest Charge Domestic International Sales Corporation Return
Extension without change of a currently approved collection   No
Regular
Approved without change 04/02/2013
Retrieve Notice of Action (NOA) 02/28/2013
  Inventory as of this Action Requested Previously Approved
04/30/2016 36 Months From Approved 04/30/2013
6,480 0 6,480
242,340 0 242,340
0 0 0
U.S. Corporations that have elected to be an interest charge domestic international sales corporation (IC-DISC) file Form 1120 IC-DISC to report their income and deductions. The IC-DISC is not taxed, but IC-DISC shareholders are taxed on their share of IC- DISC income. IRS uses Form 1120-IC-DISC to check the IC-DISC's computation of income. Schedule K (Form 1120-IC-DISC) is used to report income to shareholders; Schedule P (Form 1120-IC-DISC) is used by the IC-DISC to report its dealing with related suppliers, etc.
US Code: 26 USC 6011(c) Name of Law: Returns, etc., of DISCS and former DISCS and FSC's and former FSC's
  
None
Not associated with rulemaking
  77 FR 50764 08/22/2012
78 FR 13758 02/28/2013
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 6,480 6,480 0 0 0 0
Annual Time Burden (Hours) 242,340 242,340 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$4,785
No
No
No
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.
02/28/2013