REG-209006-89 - Transfers by Domestic Corporations That Are Subject to Section 367(a)(5); Distributions by Domestic Corporations That Are Subject to Section 1248(f). (TD 9614 & 9615)
ICR 201307-1545-038 · OMB 1545-2183 · Historical Active
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REG-209006-89 - Transfers by Domestic Corporations That Are Subject to Section 367(a)(5); Distributions by Domestic Corporations That Are Subject to Section 1248(f). (TD 9614 & 9615)
Extension without change of a currently approved collection
Upon renewal of this collection, TREAS/IRS will ensure that the applicable regulations to this collection are uploaded in the supporting documents section and referenced in the supporting statement.
Inventory as of this Action
Requested
Previously Approved
12/31/2014
36 Months From Approved
12/31/2013
305
0
305
3,260
0
3,260
0
0
0
The income tax regulations under section 367(a) reflect changes by the Technical and Miscellaneous Corrections Act of 1988. Section 367(a)(5) provides that a transfer of assets to a foreign corporation in an exchange described in section 361 is subject to section 367(a)(1), unless certain ownership requirements and other conditions are met.
US Code:
26 USC 7805
Name of Law: Rules and regulations
US Code:
26 USC 367
Name of Law: Foreign corporations
PL:
Pub.L. 100 - 647 102
Name of Law: echnical and Miscellaneous Revenue Act of 1988
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.
Supporting Statement.pdf
REG-209006-89 - Transfers by Domestic Corporations That Are Subject to Section 367(a)(5); Distributions by Domestic Corporations That Are Subject to Section 1248(f). (TD 9614 & 9615)