The information is needed in order for
(i) a terminating common parent of a consolidated group to notify
the IRS that it will terminate and to designate another corporation
to be the group's substitute agent, pursuant to Treas. Reg. Sec.
1.1502-77(d)(1) or Sec. 1.1052-77A(d); (ii) the remaining members
of a consolidated group to designate a substitute agent pursuant to
Sec. 1.1502-77A (d); (iii) the default substitute agent to notify
the IRS that it is the default substitute agent pursuant to Sec.
1.1502-77(d)(2); or (iv) requests by a member of the group for the
IRS to designate a substitute agent or replace a previously
designated substitute agent. The IRS will use the information to
determine whether to approve the designation (if approval is
required), to designate a substitute agent, or to replace a
substitute agent, and to change the IRSs records to reflect the
name and other information about the substitute agent.
US Code:
26
USC 6103 Name of Law: Confidentiality and disclosure of returns
and return information
US Code: 26
USC 1502 Name of Law: 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.