Proposed Collection; Comment Request for Notice 2002-69, 56771-56772 [E5-5310]

Download as PDF Federal Register / Vol. 70, No. 187 / Wednesday, September 28, 2005 / Notices DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request September 22, 2005. The Department of the 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 Pennsylvania Avenue, NW., Washington, DC 20220. Dates: Written comments should be received on or before October 28, 2005 to be assured of consideration. Internal Revenue Service (IRS) OMB Number: 1545–0295. Type of Review: Extension. Title: Notice 210 Preparation Instructions of Media Labels. Description: Notice 210, Preparation Instructions for Media Labels, instructs the filers on how to prepare their own pressure sensitive label. This label must be attached to each and every piece of magnetic media to identify specific items needed so that the media can be processed by the Internal Revenue Service. Respondents: Business or other forprofit and Not-for-profit business. Estimated Total Burden Hours: 12,765 hours. OMB Number: 1545–0970. Type of Review: Extension. Title: U.S. Partnership Declaration and Signature for Electronic Filing. Form: IRS form 8453–P. Description: This form is used to secure general partner’s signature and declaration in conjunction with the electronic filing of a partnership return (form 1065). Form 8453–P, along with the electronic transmission, will comprise the partnership’s return. Respondents: Business or other forprofit. Estimated Total Burden Hours: 405 hours. OMB Number: 1545–1007. Type of Review: Extension. Title: Nondeductible IRAs. Form: IRS form 8606. Description: IRC section 408(o) requires certain information regarding nondeductible contributions to traditional IRAs (reported on Part I of Form 8606). IRC section 408A(d) VerDate Aug<31>2005 16:02 Sep 27, 2005 Jkt 205001 requires information regarding conversions from traditional IRAs to Roth IRAs and distributions from Roth IRAs (reported on Parts II & III of Form 8606). IRC section 530 requires information regarding distributions from ED IRAs (reported on Part IV of Form 8606). Respondents: Individuals or households. Estimated Total Burden Hours: 2,428,170 hours. OMB Number: 1545–1012. Type of Review: Extension. Title: Salary Reductions Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement. Form: 5305A–SEP. Description: Form 5305–A SEP is used by an employer to make an agreement to provide benefits to all employees under a salary reduction Simplified Employee Pension (SEP) described in section 408(k). This form is not to be filed with IRS, but is to be retained in the employers’ records as proof of establishing such a plan, thereby justifying a deduction for contributions made to SEP. The data is used to verify the deduction. Respondents: Business or other forprofit. Estimated Total Burden Hours: 972,000 hours. Clearance Officer: Glenn P. Kirkland, (202) 622–3428, Internal Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224. OMB Reviewer: Alexander T. Hunt, (202) 395–7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Michael A. Robinson, Treasury PRA Clearance Officer. [FR Doc. 05–19338 Filed 9–27–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Notice 2002–69 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 PO 00000 Frm 00150 Fmt 4703 Sfmt 4703 56771 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 Notice 2002–69, Interest Rates and Appropriate Foreign Loss Payment Patterns For Determining the Qualified Insurance Income of Certain Controlled Corporations under Section 954(j). DATES: Written comments should be received on or before November 28, 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: Interest Rates and Appropriate Foreign Loss Payment Patterns For Determining the Qualified Insurance Income of Certain Controlled Corporations under Section 954(j). OMB Number: 1545–1799. Notice Number: Notice 2002–69. Abstract: Notice 2002–69 allows U.S. shareholders of a foreign insurance company to use the foreign insurance company’s historical loss payment patterns in computing the company’s insurance reserves provided the company has a certain number of years of data and makes an election to use that data. A domestic insurance company can elect to use its own historical data in computing its reserves provided certain requirements are satisfied and an election is made. This notice allows a foreign insurance company to elect to calculate its insurance reserves in a manner similar to a domestic insurance company. Also, this notice provides guidance on how to determine a foreign insurance company’s foreign loss payment patterns. Current Actions: There are no changes being made to the notice at this time. Type of Review: Extension of currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 300. Estimated Time Per Respondent: 1 hours. Estimated Total Annual Burden Hours: 300. E:\FR\FM\28SEN1.SGM 28SEN1 56772 Federal Register / Vol. 70, No. 187 / Wednesday, September 28, 2005 / Notices 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: September 20, 2005 Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E5–5310 Filed 9–27–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 2290/SP/FR 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. VerDate Aug<31>2005 16:02 Sep 27, 2005 Jkt 205001 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 2290/SP/FR Heavy Highway Vehicle Use Tax Return. DATES: Written comments should be received on or before November 28, 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 form and instructions 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). 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: September 20, 2005. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E5–5311 Filed 9–27–05; 8:45 am] BILLING CODE 4830–01–P SUPPLEMENTARY INFORMATION: Title: Heavy Highway Vehicle Use Tax Return. Abstract: Form 2290/SP/FR is used to compute and report the tax imposed by section 4481 on the highway use of certain motor vehicles. The information is used to determine whether the taxpayer has paid the correct amount of tax. Current Actions: There are no changes being made to Form 2290 at this time. Type of Review: Extension of a current OMB approval. Affected Public: Individuals or households. Estimated Number of Respondents: 740,000. Estimated Time Per Respondent: 28 hours, 4 minutes. Estimated Total Annual Burden Hours: 21,164,000. 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 PO 00000 Frm 00151 Fmt 4703 Sfmt 4703 DEPARTMENT OF VETERANS AFFAIRS Reasonable Charges for Inpatient DRG and SNF Medical Services; 2006 Fiscal Year Update Department of Veterans Affairs. Notice. AGENCY: ACTION: SUMMARY: Section 17.101 of Title 38 of the Code of Federal Regulations sets forth the Department of Veterans Affairs (VA) medical regulations concerning ‘‘reasonable charges’’ for medical care or services provided or furnished by VA to a veteran: —For a nonservice-connected disability for which the veteran is entitled to care (or the payment of expenses of care) under a health plan contract; —For a nonservice-connected disability incurred incident to the veteran’s employment and covered under a worker’s compensation law or plan that provides reimbursement or indemnification for such care and services; or —For a nonservice-connected disability incurred as a result of a motor vehicle accident in a State that requires automobile accident reparations insurance. The regulations include methodologies for establishing billed amounts for the following types of charges: Acute inpatient facility charges; skilled nursing facility/sub-acute inpatient facility charges; partial hospitalization facility charges; outpatient facility charges; physician and other professional charges, including professional charges for anesthesia services and dental services; pathology and laboratory charges; observation care facility charges; ambulance and other emergency E:\FR\FM\28SEN1.SGM 28SEN1

Agencies

[Federal Register Volume 70, Number 187 (Wednesday, September 28, 2005)]
[Notices]
[Pages 56771-56772]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5310]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Notice 2002-69

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 
Notice 2002-69, Interest Rates and Appropriate Foreign Loss Payment 
Patterns For Determining the Qualified Insurance Income of Certain 
Controlled Corporations under Section 954(j).

DATES: Written comments should be received on or before November 28, 
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: Interest Rates and Appropriate Foreign Loss Payment Patterns 
For Determining the Qualified Insurance Income of Certain Controlled 
Corporations under Section 954(j).
    OMB Number: 1545-1799.
    Notice Number: Notice 2002-69.
    Abstract: Notice 2002-69 allows U.S. shareholders of a foreign 
insurance company to use the foreign insurance company's historical 
loss payment patterns in computing the company's insurance reserves 
provided the company has a certain number of years of data and makes an 
election to use that data. A domestic insurance company can elect to 
use its own historical data in computing its reserves provided certain 
requirements are satisfied and an election is made. This notice allows 
a foreign insurance company to elect to calculate its insurance 
reserves in a manner similar to a domestic insurance company. Also, 
this notice provides guidance on how to determine a foreign insurance 
company's foreign loss payment patterns.
    Current Actions: There are no changes being made to the notice at 
this time.
    Type of Review: Extension of currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 300.
    Estimated Time Per Respondent: 1 hours.
    Estimated Total Annual Burden Hours: 300.

[[Page 56772]]

    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: September 20, 2005
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5-5310 Filed 9-27-05; 8:45 am]
BILLING CODE 4830-01-P

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