Proposed Collection; Comment Request for Regulation Project, 50503 [E6-14089]

Download as PDF Federal Register / Vol. 71, No. 165 / Friday, August 25, 2006 / Notices any person or foreign country of proliferation concern; (3) any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, the Attorney General, and other relevant agencies, to have provided, or attempted to provide, financial, material, technological or other support for, or goods or services in support of, any activity or transaction described in clause (2) above or any person whose property and interests in property are blocked pursuant to the Order; and (4) any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, the Attorney General, and other relevant agencies, to be owned or controlled by, or acting or purporting to act for or on behalf of, directly or indirectly, any person whose property and interests in property are blocked pursuant to the Order. On August 15, 2006, the Secretary of the Treasury, in consultation with the Secretary of State, the Attorney General, and other relevant agencies, designated one person whose property and interests in property are blocked pursuant to Executive Order 13382. The name of the additional designee follows: Great Wall Airlines Company Limited (a.k.a Great Wall Airlines; a.k.a. Changcheng Hangkong), 1600 Century Road, Shanghai 200122, China; C.R. No. 001144 (China) Issued 20 Oct 2005 expires 19 Oct 2035. Dated: August 15, 2006. J. Robert McBrien, Acting Director, Office of Foreign Assets Control. [FR Doc. E6–14103 Filed 8–24–06; 8:45 am] BILLING CODE 4811–37–P DEPARTMENT OF THE TREASURY Internal Revenue Service [REG–141402–02] Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. cprice-sewell on PROD1PC66 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. VerDate Aug<31>2005 14:57 Aug 24, 2006 Jkt 208001 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, REG–141402– 02, Limitation on Use of the Nonaccrual-Experience Method Under Section 448(d)(5). DATES: Written comments should be received on or before October 24, 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. Title: Limitation on Use of the NonaccrualExperience Method Under Section 448(d)(5). OMB Number: 1545–1855. Regulation Project Number: REG– 141402–02. Abstract: This document provides final regulations under section 448(d)(5) for the use of nonaccrual experience method of accounting by taxpayers using the accrual method of accounting and performing service. These final regulations provide taxpayers with safe harbor nonaccrual experience methods that will be presumed to clearly reflect a taxpayer’s nonaccrual experience. 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 Number of Respondents: Estimated Time Per Respondent: Estimated Total Annual Burden Hours: 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 SUPPLEMENTARY INFORMATION: PO 00000 Frm 00121 Fmt 4703 Sfmt 4703 50503 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 16, 2006. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E6–14089 Filed 8–24–06; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 706–GS(D–1) 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 706–GS(D–1), Notification of Distribution From a GenerationSkipping Trust. DATES: Written comments should be received on or before October 24, 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, Internal Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, DC 20224, or E:\FR\FM\25AUN1.SGM 25AUN1

Agencies

[Federal Register Volume 71, Number 165 (Friday, August 25, 2006)]
[Notices]
[Page 50503]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-14089]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[REG-141402-02]


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 final regulation, REG-141402-02, Limitation on Use of the 
Nonaccrual-Experience Method Under Section 448(d)(5).

DATES: Written comments should be received on or before October 24, 
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.

SUPPLEMENTARY INFORMATION: Title: Limitation on Use of the Nonaccrual-
Experience Method Under Section 448(d)(5).
    OMB Number: 1545-1855.
    Regulation Project Number: REG-141402-02.
    Abstract: This document provides final regulations under section 
448(d)(5) for the use of nonaccrual experience method of accounting by 
taxpayers using the accrual method of accounting and performing 
service. These final regulations provide taxpayers with safe harbor 
nonaccrual experience methods that will be presumed to clearly reflect 
a taxpayer's nonaccrual experience.
    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 Number of Respondents:
    Estimated Time Per Respondent:
    Estimated Total Annual Burden Hours:
    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 16, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
 [FR Doc. E6-14089 Filed 8-24-06; 8:45 am]
BILLING CODE 4830-01-P
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