Extension without change of a currently approved collection
No
Regular
06/30/2025
Requested
Previously Approved
36 Months From Approved
06/30/2025
390
390
10,900
10,900
8,088,000
0
The purpose of section 482 is to
ensure that taxpayers clearly reflect income attributable to
controlled transactions and to prevent the avoidance of taxes with
respect to such transactions. Revenue Procedure 2015-41 provides
guidance on the process of requesting and obtaining advance pricing
agreements from the Advance Pricing and Mutual Agreement program
(“APMA”). This revenue procedure also provides guidance on
administration of an executed advance pricing agreement
(APA).
US Code:
26
USC 482 Name of Law: Allocation of income and deductions among
taxpayers.
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.