OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Form 8957 - Foreign Account Tax Compliance Act (FATCA) Registration, Form 8966 - FATCA Report

ICR 201408-1545-008 · OMB 1545-2246 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form 8966 Form 8966 Form Modified Available
Form Form 8957 Form 8957 - Foreign Account Tax Compliance Act (FATCA) Registration Form Modified Available
Joint Supporting Statement .doc Supporting Statement A Uploaded 2014-12-03 Available
ombat1.doc Justification for No Material/Nonsubstantive Change Uploaded 2014-08-22 Available
IC Document Collections
IC IDCollectionTypeStatusForm
209774 Form 8966 Form Modified
206206 Form 8957 - Foreign Account Tax Compliance Act (FATCA) Registration Form Modified
ICR Details
1545-2246 201408-1545-008
Historical Active 201403-1545-006
TREAS/IRS Ready
Form 8957 - Foreign Account Tax Compliance Act (FATCA) Registration, Form 8966 - FATCA Report
Extension without change of a currently approved collection   No
Regular
Approved without change 12/03/2014
Retrieve Notice of Action (NOA) 08/29/2014
  Inventory as of this Action Requested Previously Approved
12/31/2017 36 Months From Approved 12/31/2014
4,896,800 0 4,896,800
4,063,856 0 4,063,856
0 0 0
Form 8957 is to be used by a foreign financial institution to apply for status as a foreign financial institution as defined in IRC 1471(b)(2) Form 8966 is for reporting purposes and is to be filed by foreign financial institutions to report foreign reportable amounts paid to their current account holders that are nonparticipating FFIs. Form 8966 is further to be filed by a withholding agent to report US owners of certain foreign entities regarding withholdable payments made to these entities.
US Code: 26 USC 1471(b)(2) Name of Law: Withholdable payments to foreign financial institutions
  
None
1545-BK68 Final or interim final rulemaking 78 FR 5874 01/28/2013
  79 FR 33040 06/09/2014
79 FR 51648 08/29/2014
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 4,896,800 4,896,800 0 0 0 0
Annual Time Burden (Hours) 4,063,856 4,063,856 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$1,300,000
No
No
No
No
No
Uncollected
Carolyn Gray 202 283-8301
  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.
08/29/2014