Approved subject
to the substitution of the following language introducing codes for
principal activity: "these codes for principal activity are
designed to classify enterprises to facilitate the administration
of the Internal Revenue Code. Though similar in format and
structure to the Standard Industrial Classification (SIC), they
should not be used as SIC codes.
Inventory as of this Action
Requested
Previously Approved
06/30/1991
06/30/1991
10/31/1988
3,875
0
11,000
12,490
0
21,903
0
0
0
FORM 5713 AND ITS RELATED SCHEDULES A,
B, AND C ARE USED BY PERSONS WHO HAVE OPERATIONS IN A "BOYCOTTING"
COUNTRY. IF THAT PERSON COOPERTES OR PARTICIPATES IN THE BOYCOTT,
HE OR SHE LOSES A PORTION OF THE FOREIGN TAX CREDIT, THE DEFERRAL
OF INCOME UNDER SUBPART F, DISC BENEFITS, OR FSC BENEFITS. IRS USES
FORM 5713 TO DETERMINE IF ANY OF THE ABOVE TAX BENEFITS SHOULD BE
LOST THE INFORMATION IS ALSO USED AS THE BASIS OF A REPORT TO
CONGRESS.
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.