17 Jun 2025
📝IRS Request for Comments on Regulated Investment Companies Tax
Agency Information Collection Activities; Comment Request on Return of Excise Tax on Undistributed Income of Regulated Investment Companies
Summary
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$$ - High
The notice involves compliance requirements for regulated investment companies regarding the excise tax on undistributed income as outlined under the Internal Revenue Code. Business owners must ensure accurate reporting and compliance with IRS requirements.