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SERVICE PROVIDES USER FEE SCHEDULE FOR S CORPORATION ELECTION APPLICATIONS.

FEB. 5, 1988

Rev. Proc. 88-13; 1988-1 C.B. 639

DATED FEB. 5, 1988
DOCUMENT ATTRIBUTES
  • Institutional Authors
    Internal Revenue Service
  • Cross-Reference
  • Index Terms
    user fee
    determination letter
    S corporation
    subchapter S election
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 88-1260
  • Tax Analysts Electronic Citation
    88 TNT 29-5
Citations: Rev. Proc. 88-13; 1988-1 C.B. 639

Superseded by Rev. Proc. 89-4

Rev. Proc. 88-13

SECTION 1. PURPOSE

The purpose of this revenue procedure is to modify Rev. Proc. 88-8, 1988-4 I.R.B. 22, which requires the payment of a user fee for requests to the Internal Revenue Service for rulings, opinion letters, determination letters, and similar requests.

SEC. 2. PROCEDURES

01 Section 4.031 of Rev. Proc. 88-8 is modified to provide a user fee charge of $150 for a newly electing S corporation filing a Form 2553, Election by a Small Business Corporation, and requesting a fiscal year under section 6.03 of Rev. Proc. 87-32, 1987-28 I.R.B. 14. Section 4.031, as modified, reads as follows:

      Applications with respect to accounting periods

 

      (Forms 1128 and 2553)                             $150

 

      Change in Accounting Method (Form 3115)           $200

 

      Earnings and Profits determinations (Form 5452)   $200

 

      All other rulings (which includes accounting

 

      period, accounting method, and earnings and

 

      profits requests other than those submitted on

 

      Forms 1128, 2553, 3115, and 5452)                 $300

 

 

02 Section 4.05 of Rev. Proc. 88-8 is modified to provide that the user fee check or money order should not be attached to the Form 2553 when filed at the Service Center. When the National Office receives Form 2553 from the Service Center it will notify the taxpayer that the fee is due. Section 4.05, as modified, reads as follows:

05 Method of Payment. Each request to the Service for a ruling, determination letter or opinion letter must be accompanied by a check or money order, payable to the Internal Revenue Service, in the appropriate amount. (However, the user fee check or money order should not be attached to the Form 2553, Election by a Small Business Corporation, when it is filed at the Service Center. If on the Form 2553 the corporation requests a ruling that it be permitted to use a fiscal year under section 6.03 of Rev. Proc. 87-32, the Service Center will forward such request to the National Office. When the National Office receives the Form 2553 from the Service Center it will notify the taxpayer that the fee is due). Taxpayers should not send cash.

SEC. 3. EFFECT ON OTHER REVENUE PROCEDURES

Sections 4.031 and 4.05 of Rev. Proc. 88-8 are modified.

SEC. 4. EFFECTIVE DATE

This revenue procedure applies to requests postmarked or, if not mailed, received on or after February 1, 1988. This revenue procedure does not apply to requests filed on or after September 30, 1990.

SEC. 5. DRAFTING INFORMATION

The principal author of this revenue procedure is Clyde M. Donald of the Corporation Tax Division. For further information regarding this revenue procedure, call (202) 566-3560 (not a toll- free call).

DOCUMENT ATTRIBUTES
  • Institutional Authors
    Internal Revenue Service
  • Cross-Reference
  • Index Terms
    user fee
    determination letter
    S corporation
    subchapter S election
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 88-1260
  • Tax Analysts Electronic Citation
    88 TNT 29-5
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