Proposed Collection; Comment Request for Form 8860, 34191-34192 [E6-9143]
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Federal Register / Vol. 71, No. 113 / Tuesday, June 13, 2006 / Notices
jlentini on PROD1PC65 with NOTICES
allocations of commercial revitalization
expenditures to a new or substantially
rehabilitated building that is placed in
service in a renewal community.
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: State, local and tribal
governments, and business or other forprofit organizations.
Estimated Number of Respondents:
80.
Estimated Average Time per
Respondent: 2 hours, 30 minutes.
Estimated Total Annual Burden Hour:
200.
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: June 5, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–9141 Filed 6–12–06; 8:45 am]
BILLING CODE 4830–01–P
VerDate Aug<31>2005
17:34 Jun 12, 2006
Jkt 208001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[FI–255–82]
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 regulations, FI–255–82
(TD 7852), Registration Requirements
With Respect to Debt Obligations
(§ 5f.103–1(c)).
DATES: Written comments should be
received on or before August 14, 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 regulation should be directed
to R. Joseph Durbala, (202)–622–3634,
Internal Revenue Service, room 6516,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
internet at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Registration Requirements With
Respect to Debt Obligations.
OMB Number: 1545–0945.
Regulation Project Number: FI–255–
82.
Abstract: These regulations require an
issuer of a registration-required
obligation and any person holding the
obligation as a nominee or custodian on
behalf of another to maintain ownership
records in a manner which will permit
examination by the Internal Revenue
Service in connection with enforcement
of the Internal Revenue laws.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of OMB
approval.
Affected Public: Business or other forprofit organizations and, state, local or
tribal governments.
Estimated Number of Recordkeepers:
50,000.
PO 00000
Frm 00140
Fmt 4703
Sfmt 4703
34191
Estimated Time Per Recordkeeper: 1
hour.
Estimated Total Annual Burden
Hours: 50,000.
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: June 5, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–9142 Filed 6–12–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8860
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
E:\FR\FM\13JNN1.SGM
13JNN1
34192
Federal Register / Vol. 71, No. 113 / Tuesday, June 13, 2006 / Notices
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
8860, Qualified Zone Academy Bond
Credit.
Written comments should be
received on or before August 14, 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 form and instructions
should be directed to R. Joseph Durbala,
(202) 622–3634, at Internal Revenue
Service, room 6516, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the internet at
RJoseph.Durbala@irs.gov.
DATES:
jlentini on PROD1PC65 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Qualified Zone Academy Bond
Credit.
OMB Number: 1545–1606.
Form Number: 8860.
Abstract: Under Internal Revenue
Code section 1397E, a qualified zone
academy bond is a taxable bond issued
after 1997 by a state or local
government, with the proceeds used to
improve certain eligible public schools.
In lieu of receiving interest payments
from the issuer, an eligible holder of the
bond is generally allowed an annual
income tax credit. Eligible holders of
qualified zone academy bonds use Form
8860 to figure and claim this credit.
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 for
profit organizations and state, local or
tribal governments.
Estimated Number of Respondents:
33.
Estimated Time Per Respondent: 6
hours., 10 min.
Estimated Total Annual Burden
Hours: 204.
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
VerDate Aug<31>2005
17:34 Jun 12, 2006
Jkt 208001
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: June 5, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–9143 Filed 6–12–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1120–W
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 Form
1120–W, Estimated Tax for
Corporations.
DATES: Written comments should be
received on or before August 14, 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
PO 00000
Frm 00141
Fmt 4703
Sfmt 4703
copies of the form and instructions
should be directed to R. Joseph Durbala
at Internal Revenue Service, (202) 622–
3634, room 6516, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Estimated Tax for Corporations.
OMB Number: 1545–0975.
Form Number: 1120–W.
Abstract: Under section 6655 of the
Internal Revenue Code, a corporation
with an income tax liability of $500 or
more must make four required
installments of estimated tax during the
tax year or be subject to a penalty for
failure to pay estimated income tax.
Form 1120–W is used by corporations to
compute their estimated income tax and
the amount of each required
installment.
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 Respondents:
900,000.
Estimated Time Per Respondent: 10
hrs., 17 min.
Estimated Total Annual Burden
Hours: 9,316,190.
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
E:\FR\FM\13JNN1.SGM
13JNN1
]]>Agencies
[Federal Register Volume 71, Number 113 (Tuesday, June 13, 2006)]
[Notices]
[Pages 34191-34192]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-9143]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8860
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
[[Page 34192]]
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 8860,
Qualified Zone Academy Bond Credit.
DATES: Written comments should be received on or before August 14, 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 form and instructions should be directed to R. Joseph
Durbala, (202) 622-3634, at Internal Revenue Service, room 6516, 1111
Constitution Avenue NW., Washington, DC 20224, or through the internet
at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Qualified Zone Academy Bond Credit.
OMB Number: 1545-1606.
Form Number: 8860.
Abstract: Under Internal Revenue Code section 1397E, a qualified
zone academy bond is a taxable bond issued after 1997 by a state or
local government, with the proceeds used to improve certain eligible
public schools. In lieu of receiving interest payments from the issuer,
an eligible holder of the bond is generally allowed an annual income
tax credit. Eligible holders of qualified zone academy bonds use Form
8860 to figure and claim this credit.
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 for profit organizations and
state, local or tribal governments.
Estimated Number of Respondents: 33.
Estimated Time Per Respondent: 6 hours., 10 min.
Estimated Total Annual Burden Hours: 204.
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: June 5, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-9143 Filed 6-12-06; 8:45 am]
BILLING CODE 4830-01-P
