The length of time it will take you to complete this form has been estimated to average 2.9 hours per response for the long form 200 MT and 1.5 hours for the short form 201 MG, including time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.
The U.S. Census Bureau is required by Title 13 United States Code, Section 9, to keep your information confidential and can use your responses only to produce statistics. The Census Bureau is not permitted to publicly release your responses in a way that could identify your business, organization, or institution. Per the Federal Cybersecurity Enhancement Act of 2015, your data are protected from cybersecurity risks through screening of the systems that transmit your data.
Data maintained in the Bureau's computer system is not accessible to anyone outside the Census Bureau. Our computers cannot be accessed through telephone lines - there is no direct dial up. In addition, the computer area is closed to all personnel, except those with special passes, a Census user identification and a password.
Each year, a QFR sampling frame is built from an annual IRS file of corporate entities who elect to file Form 1120 with the IRS. This frame is stratified by industry classification and size of total assets and gross receipts prior to sampling.
Yes, your response is required by law. Title 13 United States Code, Section 91, authorizes this collection. Sections 224 and 225 require your response.