IRS Wants Comments on Taxing Space and Ocean Income Sources
Published Date: 1/20/2026
Notice
Summary
The IRS wants your thoughts on how it collects info about income from space, ocean, and communication activities. If you or your business deal with these areas, this is your chance to help shape the rules and reduce paperwork hassle. Send your comments by March 23, 2026, so the IRS can keep things clear and fair without costing extra time or money.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Information Collection Continues for Space/Ocean/Communications Income
The IRS is continuing an information collection under TD 9305 (section 863(d)) that applies to persons who derive income from activities conducted in space, on or under international waters, or from transmission of communications. The collection is an extension with an estimated 250 respondents, 300 annual responses, 5 hours per respondent, and 1,500 total annual burden hours.
Opportunity to Comment by March 23, 2026
The IRS invites comments on this information collection to help assess and minimize paperwork burden and improve clarity. Written comments must be received on or before March 23, 2026 to be assured of consideration.
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Key Dates
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