Proposed Collection; Comment Request for Notice 2003-67, 48583 [E6-13702]
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Federal Register / Vol. 71, No. 161 / Monday, August 21, 2006 / Notices
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: August 10, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–13701 Filed 8–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 2003–67
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 Notice
2003–67, Notice on Information
Reporting for Payments in Lieu of
Dividends.
Written comments should be
received on or before October 20, 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
hsrobinson on PROD1PC72 with NOTICES
DATES:
VerDate Aug<31>2005
17:53 Aug 18, 2006
Jkt 208001
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: Notice on Information Reporting
for Payments in Lieu of Dividends.
Notice Number: 1545–1858.
Abstract: Notice 2003–67 provides
guidance to brokers and individuals
regarding provisions in the Jobs and
Growth Tax Relief Reconciliation Act of
2003. The notice provides rules for
brokers to use in determining loanable
shares and rules for allocating
transferred shares for purposes of
determining payments in lieu of
dividend reportable to individuals.
These rules require brokers to comply
with certain recordkeeping
requirements to use the favorable rules
for determining loanable shares and for
allocating transferred shares that may
give rise to payments in lieu of
dividends.
Current Actions: There are no changes
being made to the notice at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other-forprofit organizations.
Estimated Number of Respondents:
600.
Estimated Average Time per
Respondent: 100 hours.
Estimated Total Annual Burden
Hours: 60,000.
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
PO 00000
Frm 00055
Fmt 4703
Sfmt 4703
48583
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: August 11, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–13702 Filed 8–18–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form CT–2
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
CT–2, Employee Representative’s
Quarterly Railroad Tax Return.
DATES: Written comments should be
received on or before October 20, 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: Employee Representative’s
Quarterly Railroad Tax Return.
OMB Number: 1545–0002.
Form Number: Form CT–2.
Abstract: Employee representatives
file Form CT–2 quarterly to report
compensation on which railroad
retirement taxes are due. The IRS uses
E:\FR\FM\21AUN1.SGM
21AUN1
Agencies
[Federal Register Volume 71, Number 161 (Monday, August 21, 2006)]
[Notices]
[Page 48583]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-13702]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Notice 2003-67
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
Notice 2003-67, Notice on Information Reporting for Payments in Lieu of
Dividends.
DATES: Written comments should be received on or before October 20,
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: Notice on Information Reporting for Payments in Lieu of
Dividends.
Notice Number: 1545-1858.
Abstract: Notice 2003-67 provides guidance to brokers and
individuals regarding provisions in the Jobs and Growth Tax Relief
Reconciliation Act of 2003. The notice provides rules for brokers to
use in determining loanable shares and rules for allocating transferred
shares for purposes of determining payments in lieu of dividend
reportable to individuals. These rules require brokers to comply with
certain recordkeeping requirements to use the favorable rules for
determining loanable shares and for allocating transferred shares that
may give rise to payments in lieu of dividends.
Current Actions: There are no changes being made to the notice at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other-for-profit organizations.
Estimated Number of Respondents: 600.
Estimated Average Time per Respondent: 100 hours.
Estimated Total Annual Burden Hours: 60,000.
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: August 11, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-13702 Filed 8-18-06; 8:45 am]
BILLING CODE 4830-01-P