CUNA Regulatory Comment Call


May 14, 2004

Revisions to ITIN Application Process

EXECUTIVE SUMMARY

  1. How can Form W-7 and the instructions be simplified or clarified?
















  2. The instructions to Form W-7 provide 4 exceptions to the requirement that a completed tax return be attached to Form W-7. Should these exceptions be modified?
    Yes ______ No ______

    If yes, which exception(s) should be modified and how should the exception(s) be modified?
















  3. Do you believe clarification is needed concerning what proof is required by the member to show ownership in an interest-bearing account?
    Yes ______ No ______

    If yes, please explain.
















  4. The ITIN applicants may submit a Form W-7 to an acceptance agent. The acceptance agent reviews the applicant’s documentation and forwards the completed Form W-7 to the IRS. What steps, if any, should the IRS consider to improve the acceptance agent program to minimize the burdens on acceptance agents?
















  5. Other comments?
















Eric Richard • General Counsel • (202) 508-6742 • erichard@cuna.com
Mary Mitchell Dunn • SVP & Associate General Counsel • (202) 508-6736 • mdunn@cuna.com
Jeffrey Bloch • Assistant General Counsel • (202) 508-6732 • jbloch@cuna.com
Catherine Orr • Senior Regulatory Counsel • (202) 508-6743 • corr@cuna.com