Proposed Collection; Comment Request for Regulation Project, 19148-19149 [E5-1708]
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19148
Federal Register / Vol. 70, No. 69 / Tuesday, April 12, 2005 / Notices
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: April 4, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5–1706 Filed 4–11–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 637
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,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Form
637, Application for Registration (For
Certain Excise Tax Activities).
DATES: Written comments should be
received on or before June 13, 2005 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
VerDate jul<14>2003
16:48 Apr 11, 2005
Jkt 205001
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
SUPPLEMENTARY INFORMATION:
through the use of automated collection
Title: Application for Registration (For
techniques or other forms of information
Certain Excise Tax Activities).
technology; and (e) estimates of capital
OMB Number: 1545–0014.
or start-up costs and costs of operation,
Form Number: Form 637.
maintenance, and purchase of services
Abstract: Form 637 is used to apply
to provide information.
for excise tax registration. The
Approved: March 31, 2005.
registration applies to a person required
Glenn Kirkland,
to be registered under Revenue code
section 4101 for purposes of the federal
IRS Reports Clearance Officer.
excise tax on taxable fuel imposed
[FR Doc. E5–1707 Filed 4–11–05; 8:45 am]
under Code sections 4041 and 4071; and BILLING CODE 4830–01–P
to certain manufacturers or sellers and
purchasers that must register under
Code section 4222 to be exempt from
DEPARTMENT OF THE TREASURY
the excise tax on taxable articles. The
Internal Revenue Service
data is used to determine if the
applicant qualifies for the exemption.
[PS–7–89]
Taxable fuel producers are required by
Code section 4101 to register with the
Proposed Collection; Comment
Service before incurring any tax
Request for Regulation Project
liability.
Current Actions: There are no changes AGENCY: Internal Revenue Service (IRS),
Treasury.
being made to the form at this time.
ACTION: Notice and request for
Type of Review: Extension of a
comments.
currently approved collection.
Affected Public: Business or other for- SUMMARY: The Department of the
profit organizations, and not-for-profit
Treasury, as part of its continuing effort
institutions, and farms.
to reduce paperwork and respondent
Estimated Number of Respondents:
burden, invites the general public and
2,000.
other Federal agencies to take this
Estimated Time Per Respondent: 13
opportunity to comment on proposed
hr., 54 min.
and/or continuing information
Estimated Total Annual Burden
collections, as required by the
Hours: 27,800.
Paperwork Reduction Act of 1995,
The following paragraph applies to all
Public Law 104–13(44 U.S.C.
of the collections of information covered
3506(c)(2)(A)). Currently, the IRS is
by this notice:
soliciting comments concerning an
An agency may not conduct or
existing final regulation, PS–7–89 (TD
sponsor, and a person is not required to
8684), Treatment of Gain From the
respond to, a collection of information
Disposition of Interest in Certain
unless the collection of information
Natural Resource Recapture Property by
displays a valid OMB control number.
S Corporations and Their Shareholders
Books or records relating to a collection
(§ 1.1254–4).
of information must be retained as long
DATES: Written comments should be
as their contents may become material
received on or before June 13, 2005 to
in the administration of any internal
be assured of consideration.
revenue law. Generally, tax returns and
ADDRESSES: Direct all written comments
tax return information are confidential,
to Glenn Kirkland, Internal Revenue
as required by 26 U.S.C. 6103.
Service, Room 6516, 1111 Constitution
Request for Comments
Avenue NW., Washington, DC 20224.
Comments submitted in response to
FOR FURTHER INFORMATION CONTACT:
this notice will be summarized and/or
Requests for additional information or
included in the request for OMB
copies of the information collection
approval. All comments will become a
should be directed to Allan Hopkins, at
matter of public record. Comments are
(202) 622–6665, or at 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.
PO 00000
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12APN1
Federal Register / Vol. 70, No. 69 / Tuesday, April 12, 2005 / Notices
Service, Room 6516, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the Internet, at
Allan.M.Hopkins@irs.gov.
Title:
Treatment of Gain From the Disposition
of Interest in Certain Natural Resource
Recapture Property by S Corporations
and Their Shareholders.
OMB Number: 1545–1493.
Regulation Project Number: PS–7–89.
Abstract: This regulation prescribes
rules under Code section 1254 relating
to the treatment by S corporations and
their shareholders of gain from the
disposition of natural resource recapture
property and from the sale or exchange
of S corporation stock. Section 1.1254–
4(c)(2) of the regulation provides that
gain recognized on the sale or exchange
of S corporation stock is not treated as
ordinary income if the shareholder
attaches a statement to his or her return
containing information establishing that
the gain is not attributable to section
1254 costs.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, and individuals.
Estimated Number of Respondents:
1,000.
Estimated Time Per Respondent: 1
hour.
Estimated Total Annual Burden
Hours: 1,000.
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
SUPPLEMENTARY INFORMATION:
VerDate jul<14>2003
16:48 Apr 11, 2005
Jkt 205001
19149
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.
FOR FURTHER INFORMATION CONTACT:
Approved: April 5, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5–1708 Filed 4–11–05; 8:45 am]
OTS may not conduct or sponsor an
information collection, and respondents
are not required to respond to an
information collection, unless the
information collection displays a
currently valid OMB control number. As
part of the approval process, we invite
comments on the following information
collection.
Comments should address one or
more of the following points:
a. Whether the proposed collection of
information is necessary for the proper
performance of the functions of OTS;
b. The accuracy of OTS’s estimate of
the burden of the proposed information
collection;
c. Ways to enhance the quality,
utility, and clarity of the information to
be collected;
d. Ways to minimize the burden of the
information collection on respondents,
including through the use of
information technology.
We will summarize the comments
that we receive and include them in the
OTS request for OMB approval. All
comments will become a matter of
public record. In this notice, OTS is
soliciting comments concerning the
following information collection.
Title of Proposal: Amendment of a
Savings Association’s Bylaws.
OMB Number: 1550–0017.
Form Number: N/A.
Regulation requirement: 12 CFR parts
544 and 552.
Description: 12 CFR parts 544 and 552
require federally chartered savings
associations to obtain agency approval
of any changes in their bylaws that are
not preapproved by regulation.
Type of Review: Reinstatement.
Affected Public: Savings Associations.
Estimated Number of Respondents: 9.
Estimated Burden Hours per
Response: 8 hours.
Estimated Frequency of Response:
Event-generated.
Estimated Total Burden: 72 hours.
Clearance Officer: Marilyn K. Burton,
(202) 906–6467, Office of Thrift
Supervision, 1700 G Street, NW.,
Washington, DC 20552.
OMB Reviewer: Mark Menchik, (202)
395–3176, Office of Management and
Budget, Room 10236, New Executive
Office Building, Washington, DC 20503.
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Proposed Agency Information
Collection Activities; Comment
Request—Bylaw Amendments
Office of Thrift Supervision
(OTS), Treasury.
ACTION: Notice and request for comment.
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 comment on
proposed and continuing information
collections, as required by the
Paperwork Reduction Act of 1995, 44
U.S.C. 3507. The Office of Thrift
Supervision within the Department of
the Treasury will submit the proposed
information collection requirement
described below to the Office of
Management and Budget (OMB) for
review, as required by the Paperwork
Reduction Act. Today, OTS is soliciting
public comments on its proposal to
reinstate this information collection.
DATES: Submit written comments on or
before June 13, 2005.
ADDRESSES: Send comments, referring to
the collection by title of the proposal or
by OMB approval number, to
Information Collection Comments, Chief
Counsel’s Office, Office of Thrift
Supervision, 1700 G Street, NW.,
Washington, DC 20552; send a facsimile
transmission to (202) 906–6518; or send
an e-mail to
infocollection.comments@ots.treas.gov.
OTS will post comments and the related
index on the OTS Internet Site at
www.ots.treas.gov. In addition,
interested persons may inspect
comments at the Public Reading Room,
1700 G Street, NW., by appointment. To
make an appointment, call (202) 906–
5922, send an e-mail to
publicinfo@ots.treas.gov, or send a
facsimile transmission to (202) 906–
7755.
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You
can request additional information
about this proposed information
collection from Marilyn K. Burton,
Senior Paralegal (Regulations), (202)
906–6467, Office of Thrift Supervision,
1700 G Street, NW., Washington, DC
20552.
SUPPLEMENTARY INFORMATION:
Dated: April 6, 2005.
E:\FR\FM\12APN1.SGM
12APN1
Agencies
[Federal Register Volume 70, Number 69 (Tuesday, April 12, 2005)]
[Notices]
[Pages 19148-19149]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-1708]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[PS-7-89]
Proposed Collection; Comment Request for Regulation Project
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, Public Law 104-13(44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an
existing final regulation, PS-7-89 (TD 8684), Treatment of Gain From
the Disposition of Interest in Certain Natural Resource Recapture
Property by S Corporations and Their Shareholders (Sec. 1.1254-4).
DATES: Written comments should be received on or before June 13, 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 information collection should be directed to Allan
Hopkins, at (202) 622-6665, or at Internal Revenue
[[Page 19149]]
Service, Room 6516, 1111 Constitution Avenue NW., Washington, DC 20224,
or through the Internet, at Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION: Title: Treatment of Gain From the
Disposition of Interest in Certain Natural Resource Recapture Property
by S Corporations and Their Shareholders.
OMB Number: 1545-1493.
Regulation Project Number: PS-7-89.
Abstract: This regulation prescribes rules under Code section 1254
relating to the treatment by S corporations and their shareholders of
gain from the disposition of natural resource recapture property and
from the sale or exchange of S corporation stock. Section 1.1254-
4(c)(2) of the regulation provides that gain recognized on the sale or
exchange of S corporation stock is not treated as ordinary income if
the shareholder attaches a statement to his or her return containing
information establishing that the gain is not attributable to section
1254 costs.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, and
individuals.
Estimated Number of Respondents: 1,000.
Estimated Time Per Respondent: 1 hour.
Estimated Total Annual Burden Hours: 1,000.
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: April 5, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5-1708 Filed 4-11-05; 8:45 am]
BILLING CODE 4830-01-P