SECTION 12. PAPERWORK

REDUCTION ACT

The collection of information contained in this revenue procedure has been reviewed and approved by the Office of

Management and Budget in accordance with the Paperwork Reduction Act (44 U.S.C. 3507) under control number 15451699. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number.

The collections of information in this revenue procedure are in sections 5 through 10, as well as in § 1.1502– 77(f)(3). These collections of information are required in the following circumstances: (1) for the agent, upon becoming the default successor, to notify the Commissioner in writing that it is the default successor and, if the default successor was not a member of the group during the consolidated return year(s) for which it is the agent, to provide a statement acknowledging that it is primarily liable for the consolidated tax liability for such consolidated return year(s); (2) when the agent designates an agent under circumstances in which the designating agent’s existence terminates without a default successor, the agent must notify the Commissioner, in writing, of the designation and provide a statement executed by the designated entity consenting to serve as the agent, and, if the designated entity was not a member of the group during the consolidated return year(s) for which it is designated to be the agent, the designated entity is required to provide a statement acknowledging that it is or will be primarily liable for the consolidated tax liability for such consolidated return year(s); (3) when a member of the group requests the Commissioner to designate an entity to act as the agent if the existing agent fails to perform its obligations as agent as prescribed by the Code or regulations promulgated thereunder, the agent for a current year ceases to be a member of the group, a terminating agent requests the designation of an agent previously replaced by the Commissioner, or in situations in which the Commissioner has previously designated another agent; (4) in situations for which an agent that has been designated by the Commissioner and must provide written notice to each member of the group when the Commissioner has designated a new agent; (5) if an agent serving after a designation by the Com

missioner is no longer a member without a default successor that is a member, a member should request, in writing, that the Commissioner designate another member to be the agent for the current year; (6) for an agent that resigns to provide written notice to the Commissioner that it no longer intends to be the agent for a completed year, and the newly designated agent’s consent, in writing, to be the new agent, and, if the newly designated agent was not a member of the group during the consolidated return year(s) for which it is designated to be the agent, it must provide a statement acknowledging that it is or will be primarily liable as a member, or a successor of a member, for the consolidated tax liability for such consolidated return year(s); (7) if the Commissioner does not object to the resignation of the agent, the agent that replaces the agent that resigned must give written notice that it is the new agent to each member of the group during any part of the completed year; and (8) under § 1.1502–77(f)(3), if an entity ceases to be a member of the group during or after a consolidated return year, that entity may file a written notice of that fact with the Commissioner and request a copy of any notice of deficiency with respect to the tax for a consolidated return year during which it was a member, or a copy of any notice and demand for payment of such deficiency, or both.

The collections of information are required to obtain a benefit in the case of a designation by the agent or default successor, or a request or notice by an agent to the Commissioner to designate another agent, or a notice to the Commissioner, or other members, that the agent will resign. The likely respondents are businesses or other for-profit institutions.

The estimated total annual reporting burden is 400 hours.

The estimated annual burden per respondent varies from one hour to 3 hours, depending on individual circumstances, with an estimated average of two hours. The estimated number of respondents is 200. The estimated annual frequency of responses is on occasion.

Books or records relating to a collection of information must be retained as long as their contents may become mate

Bulletin No. 2015–15 881 April 13, 2015

rial in the administration of any internal revenue law. Generally tax returns and tax return information are confidential, as required by section 6103.