Certain Transfers of Domestic Stock or Securities by U.S. Persons to Foreign Corporations - INTL-9-95 (TD 8702 - Final)

ICR 201704-1545-003 · OMB 1545-1478 · Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 1545-1478 can be found here:

Forms and Documents

Document	Type	Status	Availability
2017-07-05 SS 1545-1478r.doc	Supporting Statement A	Uploaded 2017-07-05	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
18428	INTL-9-95 (TD 8702 - Final) Certain Transfers of Domestic Stock or Securities by U.S. Persons to Foreign Corporations		Modified

ICR Details

OMB Control No: 1545-1478	ICR Reference No: 201704-1545-003
Status: Active	Previous ICR Reference No: 201402-1545-020
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: Certain Transfers of Domestic Stock or Securities by U.S. Persons to Foreign Corporations - INTL-9-95 (TD 8702 - Final)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/20/2017
Retrieve Notice of Action (NOA)	Date Received in OIRA: 07/17/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2020	36 Months From Approved	11/30/2017
Responses	100	0	100
Time Burden (Hours)	1,000	0	1,000
Cost Burden (Dollars)	0	0	0

Abstract: Transfers of stock or securities by U.S. persons in tax-free transactions are treated as taxable transactions when the acquirer is a foreign corporation, unless an exception applies (section 367(a)). Under the regulations, no U.S. person will qualify for an exception unless the U.S. target company complies with certain reporting requirements.

Authorizing Statute(s): US Code: 26 USC 367(a) Name of Law: Transfers of Property From the United States

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 15103	03/24/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 32602	07/14/2017
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
INTL-9-95 (TD 8702 - Final) Certain Transfers of Domestic Stock or Securities by U.S. Persons to Foreign Corporations

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	100	100
Annual Time Burden (Hours)	1,000	1,000
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Charles Besecky 202 622-3860

Common Form ICR: No