Debt Instruments with original instrument discount (OID); Contingent Payments; Anti-Abuse Rule
Extension without change of a currently approved collection
No
Regular
05/29/2026
Requested
Previously Approved
36 Months From Approved
06/30/2026
180,000
180,000
89,000
89,000
0
0
This regulation relates to the tax treatment of debt instruments that provide for one or more contingent payments. The regulation also treats a debt instrument and a related hedge as an integrated transaction. The regulation provides general rules, definitions, and reporting and recordkeeping requirements for contingent payment debt instruments and for integrated debt instruments.
US Code:
26 USC 1275
Name of Law: Other definitions and special rules.
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.
1545-1450 Supporting Statement.docx
Special rules relating to debt instruments