Proposed Collection; Comment Request for Form 8848, 17512 [05-6837]
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Federal Register / Vol. 70, No. 65 / Wednesday, April 6, 2005 / Notices
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 29, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05–6836 Filed 4–5–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8848
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, Pub.
L. 104–13 (44 U.S.C. 3506(c)(2)(A)).
Currently, the IRS is soliciting
comments concerning Form 8848,
Consent to Extend the Time To Assess
the Branch Profits Tax Under
Regulations Sections 1.884–2(a) and (c).
DATES: Written comments should be
received on or before June 6, 2005 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. 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
VerDate jul<14>2003
18:17 Apr 05, 2005
Jkt 205001
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
Allan.M.Hopkins@irs.gov.
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
SUPPLEMENTARY INFORMATION:
Approved: March 29, 2005.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05–6837 Filed 4–5–05; 8:45 am]
Title: Consent To Extend the Time To
Assess the Branch Profits Tax Under
Regulations Sections 1.884–2(a) and (c).
OMB Number: 1545–1407.
Form Number: 8848.
Abstract: Form 8848 is used by
foreign corporations that have (a)
completely terminated all of their U.S.
trade or business within the meaning of
temporary regulations sections 1.884–
2T(a) during the tax year or (b)
transferred their U.S. assets to a
domestic corporation in a transaction
described in Code section 381(a), if the
foreign corporation was engaged in a
U.S. trade or business at that time.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
5,000.
Estimated Time Per Respondent: 5
hours, 46 minute.
Estimated Total Annual Burden
Hours: 28,800.
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
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–106527–98]
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, Pub.
L. 104–13 (44 U.S.C. 3506(c)(2)(A)).
Currently, the IRS is soliciting
comments concerning an existing final
regulation, REG–106527–98 (TD 8902),
Capital Gains, Partnership, Subchapter
S, and Trusts Provisions (§ 1.1(h)-1(e)).
DATES: Written comments should be
received on or before June 6, 2005 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. 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 regulations 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: Capital Gains, Partnership,
Subchapter S, and Trusts Provisions.
OMB Number: 1545–1654.
Regulation Project Number: REG–
106527–98.
Abstract: The regulation relates to
sales, or exchanges of interests in
partnerships, S corporations, and trusts.
The regulations interpret the lookthrough provision of section 1(h), added
by section 311 of the Taxpayer Relief
E:\FR\FM\06APN1.SGM
06APN1
]]>Agencies
[Federal Register Volume 70, Number 65 (Wednesday, April 6, 2005)]
[Notices]
[Page 17512]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-6837]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8848
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 Paperwork Reduction Act of 1995, Pub. L. 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
Form 8848, Consent to Extend the Time To Assess the Branch Profits Tax
Under Regulations Sections 1.884-2(a) and (c).
DATES: Written comments should be received on or before June 6, 2005 to
be assured of consideration.
ADDRESSES: Direct all written comments to Glenn P. 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: Consent To Extend the Time To Assess the Branch Profits Tax
Under Regulations Sections 1.884-2(a) and (c).
OMB Number: 1545-1407.
Form Number: 8848.
Abstract: Form 8848 is used by foreign corporations that have (a)
completely terminated all of their U.S. trade or business within the
meaning of temporary regulations sections 1.884-2T(a) during the tax
year or (b) transferred their U.S. assets to a domestic corporation in
a transaction described in Code section 381(a), if the foreign
corporation was engaged in a U.S. trade or business at that time.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 5,000.
Estimated Time Per Respondent: 5 hours, 46 minute.
Estimated Total Annual Burden Hours: 28,800.
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 29, 2005.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05-6837 Filed 4-5-05; 8:45 am]
BILLING CODE 4830-01-P
