Proposed Collection; Comment Request for Regulation Project, 70660 [E5-6408]

Download as PDF 70660 Federal Register / Vol. 70, No. 224 / Tuesday, November 22, 2005 / Notices (44 U.S.C. 3506(c)(2)(A)), the Financial Management Service solicits comments on the collection of information described below: Title: Minority Bank Deposit Program (MBDP) Certification Forms for Admission. OMB Number: 1510–0048. Form Number: FMS 3144. Abstract: This form is used by financial institutions to apply for participation in the Minority Bank Deposit Program. Institutions approved for acceptance in the program are entitled to special assistance and guidance from Federal agencies, State and local governments, and private sector organizations. Current Actions: Extension of currently approved collection. Type of Review: Regular. Affected Public: Business or other forprofit institutions. Estimated Number of Respondents: 150. Estimated Time per Respondent: 30 minutes. Estimated Total Annual Burden Hours: 75. Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget 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. Gary Grippo, Assistant Commissioner, Federal Finance. [FR Doc. 05–23025 Filed 11–21–05; 8:45 am] BILLING CODE 4810–35–M VerDate Aug<31>2005 17:22 Nov 21, 2005 Jkt 208001 DEPARTMENT OF THE TREASURY Internal Revenue Service [INTL–868–89] 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, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, INTL–868–89 (TD 8353), Information With Respect to Certain Foreign-Owned Corporations (§§ 1.6038A–2 and 1.6038A–3). DATES: Written comments should be received on or before January 23, 2006 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: Information With Respect to Certain Foreign-Owned Corporations. OMB Number: 1545–1191. Regulation Project Number: INTL– 868–89 (Final). Abstract: This regulation requires record maintenance, annual information filing, and the authorization of the U.S. corporation to act as an agent for IRS summons purposes. These requirements allow IRS international examiners to better audit the tax returns of corporations engaged in crossborder transactions with a related party. Current Actions: There is no change to these existing regulations. Type of Review: Extension of currently approved collection. Affected Public: Individuals and business or other for-profit organizations. Estimated Number of Respondents: 63,000. PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 Estimated Time Per Respondent: 10 hours. Estimated Total Annual Burden Hours: 630,000. 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: November 10, 2005. Joseph Durbala, IRS Reports Clearance Officer [FR Doc. E5–6408 Filed 11–21–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Open Meeting of the Area 6 Taxpayer Advocacy Panel (Including the States of Arizona, Colorado, Idaho, Montana, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming) Internal Revenue Service (IRS) Treasury. ACTION: Notice. AGENCY: SUMMARY: An open meeting of the Area 6 committee of the Taxpayer Advocacy Panel will be conducted (via teleconference). The Taxpayer E:\FR\FM\22NON1.SGM 22NON1

Agencies

[Federal Register Volume 70, Number 224 (Tuesday, November 22, 2005)]
[Notices]
[Page 70660]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-6408]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[INTL-868-89]


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, INTL-868-89 (TD 8353), Information With 
Respect to Certain Foreign-Owned Corporations (Sec. Sec.  1.6038A-2 and 
1.6038A-3).

DATES: Written comments should be received on or before January 23, 
2006 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: Information With Respect to Certain Foreign-Owned 
Corporations.
    OMB Number: 1545-1191.
    Regulation Project Number: INTL-868-89 (Final).
    Abstract: This regulation requires record maintenance, annual 
information filing, and the authorization of the U.S. corporation to 
act as an agent for IRS summons purposes. These requirements allow IRS 
international examiners to better audit the tax returns of corporations 
engaged in crossborder transactions with a related party.
    Current Actions: There is no change to these existing regulations.
    Type of Review: Extension of currently approved collection.
    Affected Public: Individuals and business or other for-profit 
organizations.
    Estimated Number of Respondents: 63,000.
    Estimated Time Per Respondent: 10 hours.
    Estimated Total Annual Burden Hours: 630,000.
    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: November 10, 2005.
Joseph Durbala,
IRS Reports Clearance Officer
 [FR Doc. E5-6408 Filed 11-21-05; 8:45 am]
BILLING CODE 4830-01-P
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