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Federal forms, ICRs, and supporting documents

Information Collection Request

Notice 97-34 - Information Reporting on Transactions With Foreign Trusts and on Large Foreign Gifts

ICR 202005-1545-005 · OMB 1545-1538 · Received in OIRA

Forms and Documents
DocumentTypeStatusAvailability
SUP STAT (Notice 97-34)_1545-1538_MS.docx Supporting Statement A Uploaded 2020-07-30 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
18648 Notice 97-34 - Information Reporting on Transactions With Foreign Trusts and on Large Foreign Gifts Modified
ICR Details
1545-1538 202005-1545-005
Received in OIRA 201812-1545-001
TREAS/IRS
Notice 97-34 - Information Reporting on Transactions With Foreign Trusts and on Large Foreign Gifts
Extension without change of a currently approved collection   No
Regular 07/30/2020
  Requested Previously Approved
36 Months From Approved 01/31/2021
5,000 5,000
3,750 3,750
0 0
This notice provides guidance on the foreign trust and foreign gift information reporting provisions contained in the Small Business Job Protection Act of 1996.
US Code: 26 USC 6039F Name of Law: Notice of large gifts received from foreign persons
   US Code: 26 USC 6048 Name of Law: Information with respect to certain foreign trusts
   US Code: 26 USC 6677 Name of Law: Failure to file information with respect to certain foreign trusts
  
None
Not associated with rulemaking
  85 FR 28698 05/13/2020
85 FR 45956 07/30/2020
No
1
IC Title Form No. Form Name
Notice 97-34 - Information Reporting on Transactions With Foreign Trusts and on Large Foreign Gifts
  Total Request 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 5,000 5,000 0 0 0 0
Annual Time Burden (Hours) 3,750 3,750 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
$0
No
    No
    No
No
No
No
No
Lara Banjanin 2026223880
  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.
07/30/2020