Proposed Collection; Comment Request for Forms 990-PF and 4720, 44778-44779 [E6-12693]
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44778
Federal Register / Vol. 71, No. 151 / Monday, August 7, 2006 / Notices
Form 706, Extension to File (20.6081–
1(b)).
Written comments should be
received on or before October 6, 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)622–2295, or
through the internet at
(Larnice.Mack@irs.gov).
DATES:
sroberts on PROD1PC70 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Estate Tax Returns; Form 706,
Extension to File.
OMB Number: 1545–1707.
Regulation Project Number: REG–
106511–00.
Abstract: Section 6075(a) of the
Internal Revenue Code (the Code)
requires the executor of a decedent’s
estate to file the Federal estate tax return
(Form 706, ‘‘United States Estate (and
Generation-Skipping Transfer) Tax
Return’’) within 9 months after the date
of the decedent’s death. Section 608(a)
provides that the Secretary may grant a
reasonable extension of time for filing
any return; however, except in the case
of executors who are abroad, no such
extension may be for than 6 months.
Executors currently request an
extension of time to file Form 706 by
filing Form 4768, ‘‘Application for
Extension of Time To File a Return and/
or Pay U.S. Estate (and GenerationSkipping Transfer) Taxes.’’ The
regulation grants executors of
decedents’ estates an automatic 6-month
extension of time to file the Form 706
and requires that executors continue to
file Form 4768 to receive the automatic
extension.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
The reporting burden contained in
section 20.6081–1(b) is reflected in the
burden of Form 4768, ‘‘Application for
Extension of Time To File a Return and/
or Pay U.S. Estate (and GenerationSkipping Transfer) Taxes.’’
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
VerDate Aug<31>2005
17:19 Aug 04, 2006
Jkt 208001
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: July 21, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–12692 Filed 8–4–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 990–PF and 4720
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
990–PF, Return of Private Foundation or
Section 4947(a)(1) Nonexempt
Charitable Trust Treated as a Private
Foundation, and Form 4720, Return of
Certain Excise Taxes on Charities and
PO 00000
Frm 00174
Fmt 4703
Sfmt 4703
Other Persons Under Chapters 41 and
42 of the Internal Revenue Code.
DATES: Written comments should be
received on or before October 6, 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 forms and instructions
should be directed to R. Joseph Durbala
at Internal Revenue Service, room 6516,
(202) 622–3634, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 990–PF, Return of Private
Foundation or Section 4947(a)(1)
Nonexempt Charitable Trust Treated as
a Private Foundation, and Form 4720,
Return of Certain Excise Taxes on
Charities and Other Persons Under
Chapters 41 and 42 of the Internal
Revenue Code.
OMB Number: 1545–0052.
Form Numbers: 990–PF and 4720.
Abstract: Internal Revenue Code
section 6033 requires all private
foundations, including section
4947(a)(1) trusts treated as private
foundations, to file an annual
information return. Section 53.4940–
1(a) of the Income Tax Regulations
requires that the tax on net investment
income be reported on the return filed
under section 6033. Form 990–PF is
used for this purpose. Section 6011
requires a report of taxes under Chapter
42 of the Code for prohibited acts by
private foundations and certain related
parties. Form 4720 is used by
foundations and/or related persons to
report prohibited activities in detail and
pay the tax on them.
Current Actions: There are no changes
being made to the forms at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Non-profit
institutions.
Estimated Number of Respondents:
54,000.
Estimated Time Per Response: 204
hours, 46 minutes.
Estimated Total Annual Burden
Hours: 11,029,293.
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
E:\FR\FM\07AUN1.SGM
07AUN1
Federal Register / Vol. 71, No. 151 / Monday, August 7, 2006 / Notices
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: July 17, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–12693 Filed 8–4–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for TD 9260
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
sroberts on PROD1PC70 with NOTICES
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 TD
9260, Application of Separate
Limitations to Dividends From
Noncontrolled Section 902
Corporations.
Written comments should be
received on or before October 6, 2006 to
be assured of consideration.
DATES:
VerDate Aug<31>2005
17:19 Aug 04, 2006
Jkt 208001
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.
ADDRESSES:
SUPPLEMENTARY INFORMATION:
Title: Application of Separate
Limitations to Dividends From
Noncontrolled Section 902
Corporations.
OMB Number: 1545–2014.
Form Number: TD 9260.
Abstract: The AJCA amended the
foreign tax credit treatment of dividends
from noncontrolled section 902
corporations effective for post-2002 tax
years, and the GOZA permitted
taxpayers to elect to defer the effective
date of these amendments until post2004 tax years. These regulations
require a taxpayer making the GOZA
election to file a statement to such effect
with its next tax return, and they require
certain shareholders wishing to make
tax elections on behalf of their
controlled foreign corporations or
noncontrolled section 902 corporations
to execute a joint consent (that is
retained by one shareholder) and attach
a statement to their tax returns. The
respondents are primarily domestic
corporations owning stock in foreign
corporations.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
Households, Businesses and other forprofit organizations.
Estimated Number of Respondents:
50.
Estimated Time Per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 25.
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
PO 00000
Frm 00175
Fmt 4703
Sfmt 4703
44779
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: July 12, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–12694 Filed 8–4–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Proposed Agency Information
Collection Activities; Comment
Request—Loan Application Register
(HMDA)
Office of Thrift Supervision
(OTS), Treasury.
ACTION: Notice and request for comment.
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 comment on
proposed and continuing information
collections, as required by the
Paperwork Reduction Act of 1995, 44
U.S.C. 3507. The Office of Thrift
Supervision within the Department of
the Treasury will submit the proposed
information collection requirement
described below to the Office of
Management and Budget (OMB) for
review, as required by the Paperwork
Reduction Act. Today, OTS is soliciting
public comments on its proposal to
extend this information collection.
DATES: Submit written comments on or
before October 6, 2006.
ADDRESSES: Send comments, referring to
the collection by title of the proposal or
E:\FR\FM\07AUN1.SGM
07AUN1
]]>Agencies
[Federal Register Volume 71, Number 151 (Monday, August 7, 2006)]
[Notices]
[Pages 44778-44779]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-12693]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Forms 990-PF and 4720
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 990-PF, Return of Private Foundation or Section 4947(a)(1)
Nonexempt Charitable Trust Treated as a Private Foundation, and Form
4720, Return of Certain Excise Taxes on Charities and Other Persons
Under Chapters 41 and 42 of the Internal Revenue Code.
DATES: Written comments should be received on or before October 6, 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 forms and instructions should be directed to R. Joseph
Durbala at Internal Revenue Service, room 6516, (202) 622-3634, 1111
Constitution Avenue NW., Washington, DC 20224, or through the internet
at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 990-PF, Return of Private Foundation or Section
4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation,
and Form 4720, Return of Certain Excise Taxes on Charities and Other
Persons Under Chapters 41 and 42 of the Internal Revenue Code.
OMB Number: 1545-0052.
Form Numbers: 990-PF and 4720.
Abstract: Internal Revenue Code section 6033 requires all private
foundations, including section 4947(a)(1) trusts treated as private
foundations, to file an annual information return. Section 53.4940-1(a)
of the Income Tax Regulations requires that the tax on net investment
income be reported on the return filed under section 6033. Form 990-PF
is used for this purpose. Section 6011 requires a report of taxes under
Chapter 42 of the Code for prohibited acts by private foundations and
certain related parties. Form 4720 is used by foundations and/or
related persons to report prohibited activities in detail and pay the
tax on them.
Current Actions: There are no changes being made to the forms at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Non-profit institutions.
Estimated Number of Respondents: 54,000.
Estimated Time Per Response: 204 hours, 46 minutes.
Estimated Total Annual Burden Hours: 11,029,293.
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
[[Page 44779]]
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: July 17, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-12693 Filed 8-4-06; 8:45 am]
BILLING CODE 4830-01-P
