THIS REGULATION AFFECTS BUSINESS AND
OTHER FOR-PROFIT INSTITUTIONS. THIS INFORMATION IS REQUIRED BY THE
IRS TO ENSURE THE PROPER APPLICATION OF SECTION 1.65(G)-1 OF THE
REGULATIONS. IT WILL BE USED TO VERIFY THAT TAXPAYERS HAVE PROPERLY
ELECTED THE BENEFITS OF SECTION 1.56(G)-1(R) OF THE
REGULATIONS.
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.