Proposed Collection; Comment Request for Regulation Project, 14581 [E6-4110]
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Federal Register / Vol. 71, No. 55 / Wednesday, March 22, 2006 / Notices
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: March 14, 2006.
Glenn Kirkland,
IRS Reports Clearance Office.
[FR Doc. E6–4109 Filed 3–21–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–130477–00, REG–130481–00]
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, REG–130477–
00; REG–130481–00 (TD 8987),
Required Distributions From Retirement
Plans (§ 1.403(b)–3).
DATES: Written comments should be
received on or before May 22, 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.
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SUPPLEMENTARY INFORMATION:
Title: Required Distributions From
Retirement Plans.
OMB Number: 1545–0996.
Regulation Project Number: REG–
130477–00; REG–130481–00.
Abstract: These regulations relate to
the required minimum distributions
from qualified plans, individual
retirement plans, deferred compensation
plans under section 457, and section
403(b) annuity contracts, custodial
VerDate Aug<31>2005
14:47 Mar 21, 2006
Jkt 208001
accounts, and retirement income
accounts.
Current Actions: There is no change to
these existing regulations.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit institutions, and state, local, or
tribal governments.
Estimated Number of Respondents:
8,400.
Estimated Time Per Respondent: 1
hour.
Estimated Total Annual Burden
Hours: 8,400.
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: March 10, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–4110 Filed 3–21–06; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
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14581
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–107047–00]
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, REG–107047–
00 (TD 8985), Hedging Transactions
(§ 1.1221–2).
DATES: Written comments should be
received on or before May 22, 2006 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 regulation 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: Hedging Transactions.
OMB Number: 1545–1480.
Regulation Project Number: REG–
107047–00.
Abstract: This regulation deals with
the character and timing of gain or loss
from certain hedging transactions
entered into by members of a
consolidated group of corporations. The
regulation applies when one member of
the group hedges its own risk, hedges
the risk of another member, or enters
into a risk-shifting transaction with
another member. Also, this regulation
clarifies the character of gain or loss
from the sale or exchange of property
that is a part of a business hedge. A
taxpayer must identify the hedging
transaction on its book and records
before the close of the day on which the
taxpayer enters into it and must also
identify the item, items, or aggregate
risk being hedged. The information will
E:\FR\FM\22MRN1.SGM
22MRN1
]]>Agencies
[Federal Register Volume 71, Number 55 (Wednesday, March 22, 2006)]
[Notices]
[Page 14581]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-4110]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-130477-00, REG-130481-00]
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, REG-130477-00; REG-130481-00 (TD 8987),
Required Distributions From Retirement Plans (Sec. 1.403(b)-3).
DATES: Written comments should be received on or before May 22, 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: Required Distributions From Retirement Plans.
OMB Number: 1545-0996.
Regulation Project Number: REG-130477-00; REG-130481-00.
Abstract: These regulations relate to the required minimum
distributions from qualified plans, individual retirement plans,
deferred compensation plans under section 457, and section 403(b)
annuity contracts, custodial accounts, and retirement income accounts.
Current Actions: There is no change to these existing regulations.
Type of Review: Extension of currently approved collection.
Affected Public: Business or other for-profit institutions, and
state, local, or tribal governments.
Estimated Number of Respondents: 8,400.
Estimated Time Per Respondent: 1 hour.
Estimated Total Annual Burden Hours: 8,400.
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: March 10, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-4110 Filed 3-21-06; 8:45 am]
BILLING CODE 4830-01-P
