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Federal forms, ICRs, and supporting documents

Information Collection Request

Revenue Procedure 2003-37, Documentation Provisions for Certain Taxpayers Using the Fair Market Value Method of Interest Expense Apportionment

ICR 201512-1545-009 · OMB 1545-1833 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Rev. Proc. 2003-37_Sup[2].doc Supporting Statement A Uploaded 2015-12-10 Available
IC Document Collections
IC IDCollectionTypeStatusForm
19470 Revenue Procedure 2003-37, Documentation Provisions for Certain Taxpayers Using the Fair Market Value Method of Interest Expense Apportionment Unchanged
ICR Details
1545-1833 201512-1545-009
Historical Active 201211-1545-017
TREAS/IRS ready
Revenue Procedure 2003-37, Documentation Provisions for Certain Taxpayers Using the Fair Market Value Method of Interest Expense Apportionment
Extension without change of a currently approved collection   No
Regular
Approved without change 04/05/2016
Retrieve Notice of Action (NOA) 01/25/2016
  Inventory as of this Action Requested Previously Approved
04/30/2019 36 Months From Approved 04/30/2016
125 0 125
625 0 625
0 0 0
Revenue Procedure 2003-37 describes documentation and information a taxpayer that uses the fair market value method of apportionment of interest expense may prepare and make available to the Service upon request in order to establish the fair market value of the taxpayer's assets to the satisfaction of the Commissioner as required by Sec. 1.861-9T(g)(1)(iii). It also sets forth the procedures to be followed in the case of elections to use the fair market value method.
US Code: 26 USC 904 Name of Law: Limitation on credit
   US Code: 26 USC 862 (b) Name of Law: Taxable income from sources without United States
   US Code: 26 USC 863 (a) Name of Law: Allocation under regulations
   US Code: 26 USC 901 Name of Law: Taxes of foreign countries and of possessions of United States
  
None
Not associated with rulemaking
  80 FR 66617 10/29/2015
81 FR 3558 01/21/2016
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 125 125 0 0 0 0
Annual Time Burden (Hours) 625 625 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
No
No
No
No
Uncollected
Anne Devereaux 202 622-3850
  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.
01/25/2016