TTB requires a corporate surety bond or a collateral bond to ensure payment of the excise tax on tobacco products and cigarette paper and tubes removed from a factory or warehouse. TTB uses these forms to identify the agreement to pay and the person from which TTB will attempt to collect any unpaid excise tax. Manufactures of tobacco products or cigarette papers and tubes, export warehouse proprietors, and corporate sureties, if applicable, are the respondents to this information collection.
US Code:
26 USC 5711
Name of Law: Internal Revenue Code
US Code:
26 USC 7101
Name of Law: Internal Revenue Code
Adjustments attribute to a net increase of 134 respondents and 256 annual burden hours; total of 367 burden hours requested:
TTB F 5200.25 reports an increase in annual burden from 5 hours to 9 hours due to an adjustment in the burden estimate to complete the form, from 1 hour to 1.7 hours; TTB F 5200.26 reports a decrease of 5 respondents and 11 burden hours, and TTB F 5200.29 reports an increase of 139 respondents and 263 burden hours to submit new or amended tobacco bonds due to changes in business ownership or other relevant circumstances.
$6,072
No
No
No
No
No
Uncollected
Jesse Longbrake 202 453-2265
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.