FORM 5713 AND ITS RELATED SCHEDULES A, B, AND C ARE USED BY PERSONS WHO HAVE OPERATIONS IN A "BOYCOTTING" COUNTRY. IF THAT PERSON COOPERATES 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.