These regulations provide guidance for
filing information returns by donees relating to qualified
intellectual property contributions. The regulations affect donees
receiving qualified intellectual property contributions after June
3, 2004.
The revision is due to an
adjustment in agency estimates to correct an error in the
previously reported burden calculations. We are making a correction
to the number of respondents and the recordkeeping time to reflect
the numbers shown in the NPRM as published on May 23, 2005 (70 FR
29460). The annual burden increased by 198 hours.
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.