Foreign corporations are subject to
tax on income that is effectively connected with a U.S. trade or
business and are required to file form 1120, 1120-f or 1065
reporting taxable income. The respondents will be foreign
corporations. The information gathered will be used to determine if
the foreign corporation has a U.S. trade or business and is
required to file a U.S. Income Tax return.
US Code:
26
USC 861 Name of Law: Income from sources within the United
States
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.