Production Tax Credit for Refined Coal (NOT-141440-08)

ICR 200911-1545-002

OMB: 1545-2158

Federal Form Document

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No forms / supporting documents in this ICR. Check IC Document Collections.
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ICR Details
1545-2158 200911-1545-002
Historical Active
TREAS/IRS Response requested by 11/13/09
Production Tax Credit for Refined Coal (NOT-141440-08)
New collection (Request for a new OMB Control Number)   No
Emergency 11/13/2009
Approved without change 11/16/2009
Retrieve Notice of Action (NOA) 11/03/2009
  Inventory as of this Action Requested Previously Approved
05/31/2010 6 Months From Approved
100 0 0
1,500 0 0
0 0 0

This notice sets forth interim guidance pending the issuance of regulations relating to the tax credit under § 45 of the Internal Revenue Code (Code) for refined coal.
This notice sets forth interim guidance pending the issuance of regulations relating to the tax credit under § 45 of the Internal Revenue Code (Code) for refined coal. This notice has to be issued very soon as taxpayers must place the refined coal facility in service before January 1, 2010. Section 45(d)(8) requires that a refined coal facility must be place in service before January 1, 2010 in order for the taxpayer to be able to claim the production tax credit for refined coal.

US Code: 26 USC 45 Name of Law: Electricity produced from certain renewable resources, etc.
  
PL: Pub.L. 108 - 357 710 Name of Law: American Jobs Creation Act of 2004

Not associated with rulemaking
Other Documents for OIRA Review

No

1
IC Title Form No. Form Name
Production Tax Credit for Refined Coal (NOT-141440-08)

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 100 0 100 0 0 0
Annual Time Burden (Hours) 1,500 0 1,500 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This notice sets forth interim guidance pending the issuance of regulations relating to the tax credit under § 45 of the Internal Revenue Code (Code) for refined coal. Section 45(d)(8) requires that a refined coal facility must be place in service before January 1, 2010 in order for the taxpayer to be able to claim the production tax credit for refined coal. These changes to the Code will result in an increase in the number of estimated responses by 100 and a total burden increase of 1,500 hours.

$0
No
No
Uncollected
Uncollected
No
Uncollected
Philip Tiegerman 202 927-9524 philip.tiegerman@irscounsel.treas.gov

  No

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.
11/03/2009


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