Proposed Collection; Comment Request for Forms 1042, 1042-S, and 1042-T, 15677-15678 [E5-1369]

Download as PDF Federal Register / Vol. 70, No. 58 / Monday, March 28, 2005 / Notices DEPARTMENT OF TRANSPORTATION Federal Aviation Administration Notice of Intent To Rule on Application (#05–04–C–00–COD) To Impose and Use the Revenue From a Passenger Facility Charge (PFC) at Yellowstone Regional Airport, Submitted By the Joint Powers Board, Yellowstone Regional Airport, Cody, WY Federal Aviation Administration (FAA), DOT. ACTION: Notice of intent to rule on application. AGENCY: SUMMARY: The FAA proposes to rule and invites public comment on the application to impose and use PFC revenue at Yellowstone Regional Airport under the provisions of 49 U.S.C. 40117 and part 158 of the Federal Aviation Regulations (14 CFR part 158). DATES: Comments must be received on or before April 27, 2005. ADDRESSES: Comments on this application may be mailed or delivered in triplicate to the FAA at the following address: Craig A. Sparks, Manager; Denver Airports District Office, DEN– ADO; Federal Aviation Administration; 26805 E. 68th Avenue, Suite 224; Denver, CO 80249–6361. In addition, one copy of any comments submitted to the FAA must be mailed or delivered to Mr. Michael L. Becker, Airport Manager, at the following address: Yellowstone Regional Airport, 3001 Duggleby Drive, Cody, WY 82414. Air carriers and foreign air carriers may submit copies of written comments previously provided to Yellowstone Regional Airport, under section 158.23 of part 158. FOR FURTHER INFORMATION CONTACT: Mr. Chris Schaffer, (303) 342–1258; Denver Airports District Office, DEN–ADO; Federal Aviation Administration; 26805 68th Avenue, Suite 224; Denver, CO 80249–6361. The application may be reviewed in person at this same location. The FAA proposes to rule and invites public comment on the application (#05–04–C– 00–COD) to impose and use PFC revenue at Yellowstone Regional Airport, under the provisions of 49 U.S.C. 40117 and part 158 of the Federal Aviation Regulations (14 CFR part 158). On March 21, 2005, the FAA determined that the application to impose and use the revenue from a PFC submitted by the Joint Powers Board, Yellowstone Regional Airport, Cody, Wyoming, was substantially complete SUPPLEMENTARY INFORMATION: VerDate jul<14>2003 15:12 Mar 25, 2005 Jkt 205001 within the requirements of § 158.25 of part 158. The FAA will approve or disapprove the application, in whole or in part, no later than June 22, 2005. The following is a brief overview of the application. Level of the proposed PFC: $4.50. Proposed charge effective date: July 1, 2005. Proposed charge expiration date: September 1, 2006. Total requested for use approval: $220,000.00. Brief description of proposed projects: Terminal area study (Phase I), environmental assessment of midfield terminal, passenger facility charge consulting services. Class or classes of air carriers which the public agency has requested not be required to collect PFC’s: Nonscheduled on-demand air carriers filing FAA Form 1800–31. Any person may inspect the application in person at the FAA office listed above under FOR FURTHER INFORMATION CONTACT and at the FAA Regional Airports Office located at: Federal Aviation Administration, Northwest Mountain Region, Airports Division, ANM–600, 1601 Lind Avenue SW., Suite 315, Renton, WA 98055– 4056. In addition, any person may, upon request, inspect the application, notice and other documents germane to the application in person at the Yellowstone Regional Airport. 15677 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before April 27, 2005 to be assured of consideration. Financial Crimes Enforcement Network (FinCEN) OMB Number: 1506–0009. Form Number: TD F 90–22.1. Type of Review: Extension. Title: Financial Record-keeping and Reporting and Report of Foreign Bank and Financial Accounts. Description: The Bank Secrecy Act authorizes Treasury to require financial institutions and individuals to keep records and file reports that the Treasury determines have a high degree of usefulness in criminal, tax, or regulatory matters, or to protect against international terrorism. Respondents: Business or other forprofit, Individuals or households, Notfor-profit Institutions. Estimated Number of Respondents/ Recordkeepers: 13,000,000. Estimated Burden Hours Per Respondent/Recordkeeper: Varies. Frequency of Response: On Occasion. Estimated Total Reporting/ Recordkeeping Burden: 10,942,392 hours. Clearance Officer: Steve Rudzinski, Financial Crimes Enforcement Network, 2070 Chain Bridge Road, Suite 200, Vienna, VA 22182, (703) 905–3845. OMB Reviewer: Joseph F. Lackey, Jr., Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503, (202) 395–7316. Issued in Renton, Washington on March 21, 2005. David A. Field, Manager, Planning, Programming and Capacity Branch, Northwest Mountain Region. [FR Doc. 05–5963 Filed 3–25–05; 8:45 am] Christopher L. Davis, Treasury PRA Assistant. [FR Doc. 05–6047 Filed 3–25–05; 8:45 am] BILLING CODE 4910–13–M BILLING CODE 4810–02–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request March 22, 2005. The Department of Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Forms 1042, 1042–S, and 1042–T Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the E:\FR\FM\28MRN1.SGM 28MRN1 15678 Federal Register / Vol. 70, No. 58 / Monday, March 28, 2005 / Notices Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, Form 1042–S, Foreign Person’s U.S. Source Income Subject to Withholding, and Form 1042–T, Annual Summary and Transmittal of Forms 1042–S. DATES: Written comments should be received on or before May 27, 2005 to be assured of consideration. ADDRESSES: Direct all written comments to Glenn Kirkland, Internal Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Allan Hopkins, at (202) 622–6665, or at Internal Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Form 1042, Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, Form 1042– S, Foreign Person’s U.S. Source Income Subject to Withholding, and Form 1042–T, Annual Summary and Transmittal of Forms 1042–T. OMB Number: 1545–0096. Form Numbers: 1042, 1042–S, and 1042–T. Abstract: Form 1042 is used by withholding agents to report tax withheld at source on payment of certain income paid to nonresident alien individuals, foreign partnerships, or foreign corporations. The IRS uses this information to verify that the correct amount of tax has been withheld and paid to the United States. Form 1042– S is used to report certain income and tax withheld information to nonresident alien payees and beneficial owners. Form 1042–T is used by withholding agents to transmit Forms 1042–S to the IRS. Current Actions: There are no changes being made to these forms at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other for profit organizations and individuals or households. Estimated Number of Respondents: 22,000. Estimated Time Per Respondent: 48 hours, 2 minutes. Estimated Total Annual Burden Hours: 1,056,940. VerDate jul<14>2003 15:12 Mar 25, 2005 Jkt 205001 The following paragraph applies to all of the collections of information covered by this notice: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: March 21, 2005. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E5–1369 Filed 3–25–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service [CO–49–88] Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, PO 00000 Frm 00066 Fmt 4703 Sfmt 4703 Public Law 104–13(44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, CO–49–88 (TD 8546), Limitations on Corporate Net Operating Loss (§ 1.382–6). DATES: Written comments should be received on or before May 27, 2005, to be assured of consideration. ADDRESSES: Direct all written comments to Glenn Kirkland, Internal Revenue Service, room 6512, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulations should be directed to Larnice Mack at Internal Revenue Service, room 6512, 1111 Constitution Avenue, NW., Washington, DC 20224, or at (202) 622–3179, or through the internet at (Larnice.Mack@irs.gov). SUPPLEMENTARY INFORMATION: Title: Limitations on Corporate Net Operating Loss. OMB Number: 1545–1381. Regulation Project Number: CO–49– 88. Abstract: This regulation provides rules for the allocation of a loss corporation’s taxable income or net operating loss between the periods before and after ownership change under section 382 of the Internal Revenue Code, including an election to make the allocation based on a closing of the books as of the change date. Current Actions: There is no change to this existing regulation. Type of Review: Extension of currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 2,000. Estimated Time Per Respondent: 0.1 hours. Estimated Total Annual Burden Hours: 200. The following paragraph applies to all of the collections of information covered by this notice: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request For Comments: Comments submitted in response to this notice will be summarized and/or included in the E:\FR\FM\28MRN1.SGM 28MRN1

Agencies

[Federal Register Volume 70, Number 58 (Monday, March 28, 2005)]
[Notices]
[Pages 15677-15678]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-1369]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Forms 1042, 1042-S, and 
1042-T

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the

[[Page 15678]]

Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
Form 1042, Annual Withholding Tax Return for U.S. Source Income of 
Foreign Persons, Form 1042-S, Foreign Person's U.S. Source Income 
Subject to Withholding, and Form 1042-T, Annual Summary and Transmittal 
of Forms 1042-S.

DATES: Written comments should be received on or before May 27, 2005 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Glenn Kirkland, Internal 
Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Allan 
Hopkins, at (202) 622-6665, or at Internal Revenue Service, room 6516, 
1111 Constitution Avenue NW., Washington, DC 20224, or through the 
Internet at Allan.M.Hopkins@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Form 1042, Annual Withholding Tax Return for U.S. Source 
Income of Foreign Persons, Form 1042-S, Foreign Person's U.S. Source 
Income Subject to Withholding, and Form 1042-T, Annual Summary and 
Transmittal of Forms 1042-T.
    OMB Number: 1545-0096.
    Form Numbers: 1042, 1042-S, and 1042-T.
    Abstract: Form 1042 is used by withholding agents to report tax 
withheld at source on payment of certain income paid to nonresident 
alien individuals, foreign partnerships, or foreign corporations. The 
IRS uses this information to verify that the correct amount of tax has 
been withheld and paid to the United States. Form 1042-S is used to 
report certain income and tax withheld information to nonresident alien 
payees and beneficial owners. Form 1042-T is used by withholding agents 
to transmit Forms 1042-S to the IRS.
    Current Actions: There are no changes being made to these forms at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for profit organizations and 
individuals or households.
    Estimated Number of Respondents: 22,000.
    Estimated Time Per Respondent: 48 hours, 2 minutes.
    Estimated Total Annual Burden Hours: 1,056,940.
    The following paragraph applies to all of the collections of 
information covered by this notice:

    An agency may not conduct or sponsor, and a person is not 
required to respond to, a collection of information unless the 
collection of information displays a valid OMB control number.

Books or records relating to a collection of information must be 
retained as long as their contents may become material in the 
administration of any internal revenue law. Generally, tax returns and 
tax return information are confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Approved: March 21, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5-1369 Filed 3-25-05; 8:45 am]
BILLING CODE 4830-01-P
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