OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Records to Support Tax Free and Tax Overpayment Sales of Firearms and Ammunition

ICR 201707-1513-002 · OMB 1513-0128 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form TTB F 5600.37 Records to Support Tax Free and Tax Overpayment Sales of Firearms and Ammunition Form and Instruction Modified Available
Form TTB F 5600.33 Records to Support Tax Free and Tax Overpayment Sales of Firearms and Ammunition Form and Instruction Modified Available
1513-0128 Supporting Statement (07-2017).docx Supporting Statement A Uploaded 2017-07-20 Available
IC Document Collections
IC IDCollectionTypeStatusForm
183953 Records to Support Tax Free and Tax Overpayment Sales of Firearms and Ammunition Form and Instruction Modified
183951 Records to Support Tax Free and Tax Overpayment Sales of Firearms and Ammunition Form and Instruction Modified
ICR Details
1513-0128 201707-1513-002
Historical Active 201405-1513-002
TREAS/TTB ICN 63 - 5/6
Records to Support Tax Free and Tax Overpayment Sales of Firearms and Ammunition
Extension without change of a currently approved collection   No
Regular
Approved without change 11/24/2017
Retrieve Notice of Action (NOA) 07/28/2017
  Inventory as of this Action Requested Previously Approved
11/30/2020 36 Months From Approved 11/30/2017
70,000 0 70,000
52,500 0 52,500
0 0 0
The Internal Revenue Code (IRC) at 26 U.S.C. 4181 imposes a tax on the sale of firearms and ammunition. However, under the IRC at 26 U.S.C. 4221(a), certain sales may be made tax-free, including sales made for further manufacture, export, or use as supplies on vessels or aircraft, and sales made to a State or local government or to a nonprofit education organization for their exclusive use. In addition, for such sales where the tax has been paid, the tax is considered an overpayment subject to credit or refund under the IRC at 26 U.S.C. 6416(b)(2) and (3). In order to protect the revenue, the TTB regulations in 27 CFR part 53 prescribe that those otherwise subject to this tax must maintain records, including statements or certificates containing specified information, documenting the tax-free or tax-overpaid nature of such sales. Respondents may use commercial records or self-generated supporting statement or certificates, or, for certain transactions, respondents may use TTB-provided forms, which, when completed, document the required supporting information. The required supporting information is maintained by respondents at their business premises, and, to protect the revenue, TTB may examine these records during audits.
US Code: 26 USC 4221(a) Name of Law: Internal Revenue Code
   US Code: 26 USC 6416(b)(2) and (3) Name of Law: Internal Revenue Code
   US Code: 26 USC 4181 Name of Law: Internal Revenue Code
  
None
Not associated with rulemaking
  82 FR 16471 04/04/2017
82 FR 35265 07/28/2017
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 70,000 70,000 0 0 0 0
Annual Time Burden (Hours) 52,500 52,500 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
    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.
07/28/2017