Proposed Collection; Comment Request for Announcement 2005-XX, 61693-61694 [E5-5871]
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Federal Register / Vol. 70, No. 205 / Tuesday, October 25, 2005 / Notices
OMB Number: 1545–0020.
Type of Review: Revision.
Title: Treasury International Capital
Form BQ–2 ‘‘Part 1—Report of Foreign
Currency Liabilities and Claims of
Depository Institutions, Brokers and
Dealers, and of their Domestic
´
Customers vis-a-vis Foreigners; Part 2—
Report of Customers’ Foreign Currency
Liabilities to Foreigners’’.
Form: International Capital Form BQ–
2.
Description: Form BQ–2 is required
by law and is designed to collect timely
information on international portfolio
capital movements, including liabilities
and claims of depository institutions,
bank and financial holding companies,
brokers and dealers and their customers’
´
liabilities vis-a-vis foreigners, that are
denominated in foreign currencies. The
information is necessary in the
computation of the U.S. balance of
payments accounts and the U.S.
international investment position, and
in the formulation of U.S. international
financial and monetary policies.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 3,564
hours.
OMB Number: 1545–0024.
Type of Review: Revision.
Title: Treasury International Capital
Form CQ–1 ‘‘Report of Financial
Liabilities to and Financial Claims on
Foreign Residents’’ and Form CQ–2
‘‘Report of Commercial Liabilities to,
and Commercial Claims on Unaffiliated
Foreign Residents’’.
Form: International Capital Form CQ1
and CQ–2.
Description: Forms CQ–1 and CQ–2
are required by law to collect timely
information on international portfolio
capital movements, including data on
financial and commercial liabilities to,
and claims on unaffiliated foreigners
and certain affiliated foreigners held by
non-banking enterprises in the U.S. This
information is necessary in the
computation of the U.S. balance of
payments accounts and the U.S.
international investment position, and
in the formulation of U.S. international
financial and monetary policies.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 5,746
hours.
OMB Number: 1545–0149.
Type of Review: Extension.
Title: 31 CFR Part 128 Reporting of
International Capital and Foreign
Currency Transactions and Positions.
Description: 31 CFR Part 128
establishes general guidelines for
reporting on U.S. claims on and
VerDate Aug<31>2005
15:53 Oct 24, 2005
Jkt 208001
liabilities to, foreigners; on transactions
in securities with foreigners; and on
monetary reserves of the U.S. It also
establishes guidelines for reporting on
the foreign currency transactions of U.S.
persons. It includes a recordkeeping
requirement in section 128.5.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 4,950
hours.
OMB Number: 1545–0189.
Type of Review: Extension.
Title: Treasury International Capital
Form BQ–3 ‘‘Report of Maturities of
Selected Liabilities of Depository
Institutions, Brokers and Dealers to
Foreigners.
Form: International Capital Form BQ–
3.
Description: Form BQ–3 is required
by law and is designed to collect timely
information on international portfolio
capital movements, including maturities
of selected U.S. dollar and foreign
currency liabilities of depository
institutions, bank and financial holding
companies, brokers and dealers to
foreigners. This information is necessary
in the computation of the U.S. balance
of payments accounts and the U.S.
international investment position and in
the formulation of U.S. international
financial and monetary policies.
Respondents: Business or other forprofit.
Estimated Total Burden Hours: 1,312
hours.
Clearance Officer: Dwight Wolkow,
(202) 622–1276, Department of
Treasury, Room 4410–1440NYA, 1500
Pennsylvania Avenue, NW.,
Washington, DC 20220.
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. 05–21307 Filed 10–24–05; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Announcement 2005–XX
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
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61693
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
Announcement 2005–XX, Management
S Corporation/ESOP Settlement
Initiative.
Written comments should be
received on or before December 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).
DATES:
SUPPLEMENTARY INFORMATION:
Title: Management S Corporation/
ESOP Settlement Initiative.
OMB Number: 1545–1958.
Notice Number: Announcement 2005–
XX.
Abstract: This announcement is an
enforcement initiative to resolve certain
cases where taxpayers have attempted to
use an S corporation and an
arrangement purported to be an ESOP to
improperly exclude the income of a
related business from taxable income.
Current Actions: There are no changes
being made to the announcement at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations.
Estimated Number of Respondents:
100.
Estimated Time Per Respondent: 20
hours.
Estimated Total Annual Burden
Hours: 2000.
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
E:\FR\FM\25OCN1.SGM
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61694
Federal Register / Vol. 70, No. 205 / Tuesday, October 25, 2005 / Notices
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: October 18, 2005.
Allan Hopkins,
IRS Reports Clearance Officer.
[FR Doc. E5–5871 Filed 10–24–05; 8:45am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1127
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
1127, Application For Extension of
Time For Payment of Tax.
DATES: Written comments should be
received on or before December 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.
VerDate Aug<31>2005
15:53 Oct 24, 2005
Jkt 208001
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.
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: October 18, 2005.
Larnice Mack,
IRS Reports Clearance Officer.
[FR Doc. E5–5872 Filed 10–24–05; 8:45 am]
BILLING CODE 4830–01–P
SUPPLEMENTARY INFORMATION:
Title: Application For Extension of
Time For Payment of Tax.
OMB Number: 1545–1961.
Form Number: Form 1127.
Abstract: Form 1127 is used by
taxpayers to request an extension of
time to pay taxes. The conditions under
which extensions may be granted are
stated under Section 6161 of the
Internal Revenue Code.
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: Individuals or
households.
Estimated Number of Respondents:
2,000.
Estimated Time Per Respondent: 25
min.
Estimated Total Annual Burden
Hours: 833.
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
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Fmt 4703
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Request for Applications for the IRS
Advisory Committee on Tax Exempt
and Government Entities
Internal Revenue Service (IRS).
Notice.
AGENCY:
ACTION:
SUMMARY: The Internal Revenue Service,
Tax Exempt and Government Entities
Division, is requesting applications for
membership to serve on the Advisory
Committee on Tax Exempt and
Government Entities (ACT).
Applications will be accepted for the
following vacancies which will occur in
May 2006: Two (2) employee plans; two
(2) exempt organizations; two (2) Indian
tribal governments; one (1) tax exempt
bonds, and one (1) Federal, state and
local governments. To ensure
appropriate balance of membership,
final selection from qualified candidates
will be determined based on experience,
qualifications, and other expertise.
Due Date: Written applications or
nominations must be received on or
before November 25, 2005.
Application: Applicants may use the
ACT Application Form on the IRS Web
site (https://www.irs.gov) or may send an
application by letter with the following
information: Name; Other Name(s) Used
and Date(s) (required for FBI check);
Date of Birth (required for FBI check);
City and State of Birth (required for FBI
check); Current Address; Telephone and
Fax Numbers; and E-mail address, if
any. Applications should also describe
and document the proposed member’s
qualifications for membership on the
ACT. Applicants should also specify the
vacancy for which they wish to be
considered.
Send all applications and
nominations to: Steven Pyrek; Director,
TE/GE Communications and Liaison;
1111 Constitution Ave., NW.—SE:T:CL
Penn Bldg; Washington, DC 20224; Fax:
(202) 283–9956 (not a toll-free number);
e-mail: steve.j.pyrek@irs.gov.
FOR FURTHER INFORMATION, CONTACT:
Rick Trevino, (202) 283–9963 (not a tollfree number), or by e-mail at
rick.trevino@irs.gov.
ADDRESSES:
E:\FR\FM\25OCN1.SGM
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]]>Agencies
[Federal Register Volume 70, Number 205 (Tuesday, October 25, 2005)]
[Notices]
[Pages 61693-61694]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5871]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Announcement 2005-XX
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
Announcement 2005-XX, Management S Corporation/ESOP Settlement
Initiative.
DATES: Written comments should be received on or before December 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: Management S Corporation/ESOP Settlement Initiative.
OMB Number: 1545-1958. Notice Number: Announcement 2005-XX.
Abstract: This announcement is an enforcement initiative to resolve
certain cases where taxpayers have attempted to use an S corporation
and an arrangement purported to be an ESOP to improperly exclude the
income of a related business from taxable income.
Current Actions: There are no changes being made to the
announcement at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, business or other for-
profit organizations.
Estimated Number of Respondents: 100.
Estimated Time Per Respondent: 20 hours.
Estimated Total Annual Burden Hours: 2000.
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
[[Page 61694]]
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: October 18, 2005.
Allan Hopkins,
IRS Reports Clearance Officer.
[FR Doc. E5-5871 Filed 10-24-05; 8:45am]
BILLING CODE 4830-01-P
