Proposed Collection; Comment Request for Regulation Project, 29217 [E6-7621]
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Federal Register / Vol. 71, No. 97 / Friday, May 19, 2006 / Notices
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: May 9, 2006.
Glenn Kirkland,
IRS Reports Clearance Office.
[FR Doc. E6–7620 Filed 5–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–251985–96]
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 notice of proposed rulemaking
and temporary regulation, REG–251985–
96 (TD 8786), Source of Income From
Sales of Inventory Partly From Sources
Within a Possession of the United State;
Also, Source of Income Derived From
Certain Purchases From a Corporation
Electing Section 936 (§ 1.863–3).
DATES: Written comments should be
received on or before July 18, 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).
wwhite on PROD1PC61 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Source of Income From Sales of
Inventory Partly From Sources Within a
Possession of the United States; Also,
Source of Income Derived From Certain
Purchases From a Corporation Electing
Section 936.
OMB Number: 1545–1556.
VerDate Aug<31>2005
18:33 May 18, 2006
Jkt 208001
Regulation Project Number: REG–
251985–96.
Abstract: Section 1.863–3(f)(6) of this
regulation requires taxpayers to attach a
statement to their tax return furnishing
certain information regarding the
methodology used to determine the
source of their income from cross-border
sales of inventory, and the amount of
income allocated or apportioned to U.S.
or foreign sources in these sales. The
information is used by the IRS to
establish whether the taxpayer
determined the source of its income in
accordance with Code section 863.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Time Per Respondents: 200.
Estimated Time Per Respondent: 2
hours., 30 minutes.
Estimated Total Annual Burden
Hours: 500.
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.
PO 00000
Frm 00099
Fmt 4703
Sfmt 4703
29217
Approved: May 11, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–7621 Filed 5–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8844
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
8844, Empowerment Zone Employment
Credit.
DATES: Written comments should be
received on or before July 18, 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: Empowerment Zone
Employment Credit.
OMB Number: 1545–1444.
Form Number: Form 8844.
Abstract: Employers who hire
employees who live and work in one of
the eleven designated empowerment
zones can receive a tax credit for the
first $15,000 of wages paid to each
employee. The credit is applicable from
the date of designation through the year
2004.
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, individuals or
E:\FR\FM\19MYN1.SGM
19MYN1
Agencies
[Federal Register Volume 71, Number 97 (Friday, May 19, 2006)]
[Notices]
[Page 29217]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-7621]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-251985-96]
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 notice of proposed rulemaking and temporary regulation, REG-
251985-96 (TD 8786), Source of Income From Sales of Inventory Partly
From Sources Within a Possession of the United State; Also, Source of
Income Derived From Certain Purchases From a Corporation Electing
Section 936 (Sec. 1.863-3).
DATES: Written comments should be received on or before July 18, 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: Source of Income From Sales of Inventory Partly From Sources
Within a Possession of the United States; Also, Source of Income
Derived From Certain Purchases From a Corporation Electing Section 936.
OMB Number: 1545-1556.
Regulation Project Number: REG-251985-96.
Abstract: Section 1.863-3(f)(6) of this regulation requires
taxpayers to attach a statement to their tax return furnishing certain
information regarding the methodology used to determine the source of
their income from cross-border sales of inventory, and the amount of
income allocated or apportioned to U.S. or foreign sources in these
sales. The information is used by the IRS to establish whether the
taxpayer determined the source of its income in accordance with Code
section 863.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Time Per Respondents: 200.
Estimated Time Per Respondent: 2 hours., 30 minutes.
Estimated Total Annual Burden Hours: 500.
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: May 11, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-7621 Filed 5-18-06; 8:45 am]
BILLING CODE 4830-01-P