Proposed Collection; Comment Request for Form 8858 and Schedule M, 20419 [E5-1814]
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Federal Register / Vol. 70, No. 74 / Tuesday, April 19, 2005 / Notices
(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 13, 2005.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5–1813 Filed 4–18–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8858 and Schedule
M
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
8858, Information Return of U.S.
Persons With Respect To Foreign
Disregarded Entities, and Schedule M,
Transaction Between Foreign
Disregarded Entity of a Foreign Tax
Owner and the Filer on Other Related
Entities.
Written comments should be
received on or before June 20, 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 forms and instructions
should be directed to R. Joseph Durbala,
DATES:
VerDate jul<14>2003
15:12 Apr 18, 2005
Jkt 205001
20419
(202) 622–3634, at Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
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.
SUPPLEMENTARY INFORMATION:
Approved: April 8, 2005.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5–1814 Filed 4–18–05; 8:45 am]
Title: Information Return of U.S.
Persons With Respect To Foreign
Disregarded Entities (Form 8858), and
Transaction Between Foreign
Disregarded Entity of a Foreign Tax
Owner and the Filer on Other Related
Entities (Schedule M).
OMB Number: 1545–1910.
Form Number: Form 8858 and
Schedule M.
Abstract: Form 8858 and Schedule M
are used by certain U.S. persons that
own a foreign disregarded entity (FDE)
directly or, in certain circumstances,
indirectly or constructively.
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, and individuals or
households.
Estimated Number of Respondents:
50,000.
Estimated Time Per Respondent: 36
hours, 39 minutes.
Estimated Total Annual Burden
Hours: 1,832,500.
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
PO 00000
Frm 00075
Fmt 4703
Sfmt 4703
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Ad Hoc
Committee of the Taxpayer Advocacy
Panel
Internal Revenue Service (IRS),
Treasury.
AGENCY:
ACTION:
Notice.
SUMMARY: An open meeting of the Ad
Hoc Committee of the Taxpayer
Advocacy Panel will be conducted (via
teleconference). The TAP will be
discussing issues pertaining to lessoning
the burden for individuals.
Recommendations for IRS systemic
changes will be developed.
The meeting will be held
Monday, May 2, 2005.
DATES:
FOR FURTHER INFORMATION CONTACT:
Mary O’Brien at 1–888–912–1227, or
206 220–6096.
Notice is
hereby given pursuant to section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Ad Hoc
Committee of the Taxpayer Advocacy
Panel will be held Monday, May 2,
2005, from 1 p.m. eastern time to 2 p.m.
eastern time via a telephone conference
call. If you would like to have the TAP
consider a written statement, please call
1–888–912–1227 or (206) 220–6096, or
write to Mary O’Brien, TAP Office, 915
2nd Avenue, MS W–406, Seattle, WA
98174 or you can contact us at https://
www.improveirs.org. Due to limited
conference lines, notification of intent
to participate in the telephone
conference call meeting must be made
with Mary O’Brien. Ms O’Brien can be
reached at 1–888–912–1227 or (206)
220–6096.
The agenda will include the
following: various IRS issues.
SUPPLEMENTARY INFORMATION:
Dated: April 13, 2005.
Martha Curry,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. E5–1815 Filed 4–18–05; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\19APN1.SGM
19APN1
]]>Agencies
[Federal Register Volume 70, Number 74 (Tuesday, April 19, 2005)]
[Notices]
[Page 20419]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-1814]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8858 and Schedule M
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
Form 8858, Information Return of U.S. Persons With Respect To Foreign
Disregarded Entities, and Schedule M, Transaction Between Foreign
Disregarded Entity of a Foreign Tax Owner and the Filer on Other
Related Entities.
DATES: Written comments should be received on or before June 20, 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 forms and instructions should be directed to R. Joseph
Durbala, (202) 622-3634, at Internal Revenue Service, room 6516, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the Internet
at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Information Return of U.S. Persons With Respect To Foreign
Disregarded Entities (Form 8858), and Transaction Between Foreign
Disregarded Entity of a Foreign Tax Owner and the Filer on Other
Related Entities (Schedule M).
OMB Number: 1545-1910.
Form Number: Form 8858 and Schedule M.
Abstract: Form 8858 and Schedule M are used by certain U.S. persons
that own a foreign disregarded entity (FDE) directly or, in certain
circumstances, indirectly or constructively.
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, and
individuals or households.
Estimated Number of Respondents: 50,000.
Estimated Time Per Respondent: 36 hours, 39 minutes.
Estimated Total Annual Burden Hours: 1,832,500.
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 8, 2005.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5-1814 Filed 4-18-05; 8:45 am]
BILLING CODE 4830-01-P
