Proposed Collection; Comment Request for Revenue Procedure 2003-39, 23989-23990 [E6-6129]
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Federal Register / Vol. 71, No. 79 / Tuesday, April 25, 2006 / Notices
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning
Revenue Procedure 2003–37,
Documentation Provisions for Certain
Taxpayers Using the Fair Market Value
Method of Interest Expense
Apportionment.
Written comments should be
received on or before June 26, 2006 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.
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:
wwhite on PROD1PC65 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Documentation Provisions for
Certain Taxpayers Using the Fair Market
Value Method of Internal Expense
Apportionment.
OMB Number: 1545–1833.
Revenue Procedure Number: Revenue
Procedure 2003–37.
Abstract: Revenue Procedure 2003–37
describes documentation and
information a taxpayer that uses the fair
market value method of apportionment
of interest expense may prepare and
make available to the Service upon
request in order to establish the fair
market value of the taxpayer’s assets to
the satisfaction of the Commissioner as
required by § 1.861–9T(g)(1)(iii). It also
sets forth the procedures to be followed
in the case of elections to use the fair
market value method.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents/
and or Recordkeeper: 125.
Estimated Average Time Per
Respondent/Recordkeeper: 5 hours.
Estimated Total Annual Reporting
Burden and/or Recordkeeping Burden:
625.
The following paragraph applies to all
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
VerDate Aug<31>2005
16:59 Apr 24, 2006
Jkt 208001
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 17, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–6128 Filed 4–24–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2003–
39
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
Revenue Procedure 2003–39, section
1031 LKE (Like-Kind Exchanges) Auto
Leasing Programs.
DATES: Written comments should be
received on or before June 26, 2006 to
be assured of consideration.
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
23989
Direct all written comments
to Glenn 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 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.
ADDRESSES:
SUPPLEMENTARY INFORMATION:
Title: Section 1031 LKE (Like-Kind
Exchanges) Auto Leasing Programs.
OMB Number: 1545–1834.
Revenue Procedure Number: Revenue
Procedure 2003–39.
Abstract: Revenue Procedure 2003–39
provides safe harbors for certain aspects
of the qualification under § 1031 of
certain exchanges of property pursuant
to LKE Programs for federal income tax
purposes.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
8,600.
Estimated Average Time Per
Respondent: 1 hour.
Estimated Total Annual Reporting
Burden: 8,600.
The following paragraph applies to all
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
E:\FR\FM\25APN1.SGM
25APN1
23990
Federal Register / Vol. 71, No. 79 / Tuesday, April 25, 2006 / Notices
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 17, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–6129 Filed 4–24–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8824
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
8824, Like-Kind Exchanges.
DATES: Written comments should be
received on or before June 26, 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 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.
wwhite on PROD1PC65 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Like-Kind Exchanges.
OMB Number: 1545–1190.
Form Number: 8824.
Abstract: Form 8824 is used by
individuals, corporations, partnerships,
and other entities to report the exchange
of business or investment property, and
the deferral of gains from such
transactions under Internal Revenue
Code section 1031. It is also used to
VerDate Aug<31>2005
16:59 Apr 24, 2006
Jkt 208001
report the deferral of gain under Code
section 1043 from conflict-of-interest
sales by certain members of the
executive branch of the Federal
government.
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 and business or other forprofit organizations.
Estimated Number of Respondents:
200,000.
Estimated Number of Respondent: 4
hours, 10 minutes.
Estimated Total Annual Burden
Hours: 834,979.
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 13, 2006.
Allan Hopkins,
IRS Reports Clearance Office.
[FR Doc. E6–6130 Filed 4–24–06; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
Frm 00097
Fmt 4703
Sfmt 4703
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1041–T
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
1041–T Allocation of Estimated Tax
Payments to Beneficiaries.
DATES: Written comments should be
received on or before June 26, 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 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.
SUPPLEMENTARY INFORMATION:
Title: Allocation of Estimated Tax
Payments to Beneficiaries.
OMB Number: 1545–1020.
Form Number: 1041–T.
Abstract: This form allows a trustee of
a trust or an executor of an estimate to
make an election under Internal
Revenue Code section 643(g) to allocate
any payment of estimated tax to a
beneficiary(ies). The IRS uses the
information on the form to determine
the correct amounts that are to be
transferred from the fidiciary’s account
to the individual’s account.
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.
Estimated Number of Responses:
1,000.
Estimated Number of Respondents: 59
minutes.
Estimated Total Annual Burden
Hours: 990.
E:\FR\FM\25APN1.SGM
25APN1
]]>Agencies
[Federal Register Volume 71, Number 79 (Tuesday, April 25, 2006)]
[Notices]
[Pages 23989-23990]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-6129]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2003-
39
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
Revenue Procedure 2003-39, section 1031 LKE (Like-Kind Exchanges) Auto
Leasing Programs.
DATES: Written comments should be received on or before June 26, 2006
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.
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: Section 1031 LKE (Like-Kind Exchanges) Auto Leasing
Programs.
OMB Number: 1545-1834.
Revenue Procedure Number: Revenue Procedure 2003-39.
Abstract: Revenue Procedure 2003-39 provides safe harbors for
certain aspects of the qualification under Sec. 1031 of certain
exchanges of property pursuant to LKE Programs for federal income tax
purposes.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 8,600.
Estimated Average Time Per Respondent: 1 hour.
Estimated Total Annual Reporting Burden: 8,600.
The following paragraph applies to all 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
[[Page 23990]]
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 17, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-6129 Filed 4-24-06; 8:45 am]
BILLING CODE 4830-01-P
