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Current regulations under the Internal Revenue Code and related reporting forms require many tax-exempt organizations to report detailed information regarding contributions received and their contributors. Some of this information is required by law. Most is required by regulations adopted by the IRS under 26 U.S.C. 6001 and 6033. The IRS has determined that for many organizations, the reporting of such information is no longer necessary for the efficient administration of the internal revenue laws. The proposed regulations will eliminate the current reporting requirements for most organizations. The current reporting requirements relating to contributions and contributors will be retained for private foundations and supporting organizations. Organizations that will no longer be required to report such information will continue to be required to collect it and maintain it in their books and records so that it will be available to the Internal Revenue Service upon request. The proposed regulations also will be published simultaneously as temporary regulations effective for information returns filed for taxable years beginning after December 31, 2015.