Additional Designation of Entity Pursuant to Executive Order 13382, 50502-50503 [E6-14103]

Download as PDF 50502 Federal Register / Vol. 71, No. 165 / Friday, August 25, 2006 / Notices DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request August 15, 2006. cprice-sewell on PROD1PC66 with NOTICES The Department of the Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before September 25, 2006 to be assured of consideration. Internal Revenue Service (IRS) OMB Number: 1545–0975. Type of Review: Extension. Title: Estimated Tax for Corporations. Forms: 1120–W. Description: Form 1120–W is used by corporations to figure estimated tax liability and the amount of each installment payment. Form 1120–W is a worksheet only. It is not to be filed with the Internal Revenue Service. Respondents: Businesses and other for-profit institutions. Estimated Total Burden Hours: 9,316,190 hours. OMB Number: 1545–0945. Type of Review: Extension. Title: Registration Requirements With Respect to Debt Obligations. Description: The rule requires 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 IRS in connection with enforcement of the Internal Revenue laws. Respondents: Business and other forprofit institutions. Estimated Total Burden Hours: 50,000 hours. OMB Number: 1545–2013. Type of Review: Extension. Title: Transmittal for Certain Corporations Required to e-file. Form: 8453-T. Description: Form 8453–T is used if a corporation is required to file 25 or more of certain international forms, not including any required schedules, have a paper option that can be used for filing those forms. VerDate Aug<31>2005 14:57 Aug 24, 2006 Jkt 208001 Respondents: Businesses or other forprofit institutions. Estimated Total Burden Hours: 17,540 hours. OMB Number: 1545–1818. Type of Review: Extension. Title: Rev. Proc. 2003–38, Commercial Revitalization Deduction. Description: Pursuant to Sec. 1400I of the Internal Revenue Code, this procedure provides the time and manner for states to make allocations of commercial revitalization expenditures to a new or substantially rehabilitated building that is placed in service in a renewal community. Respondents: State, local, or tribal governments. Estimated Total Burden Hours: 200 hours. OMB Number: 1545–1833. Type of Review: Extension. Title: Qualified Zone Academy Bond Credit. Form: 8860. Description: 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. Respondents: Business and other forprofit institutions. Estimated Total Burden Hours: 204 hours. Clearance Officer: Glenn P. Kirkland (202) 622–3428, Internal Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224. OMB Reviewer: Alexander T. Hunt (202) 395–7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Robert Dahl, Treasury PRA Clearance Officer. [FR Doc. E6–14087 Filed 8–24–06; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Additional Designation of Entity Pursuant to Executive Order 13382 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: SUMMARY: The Treasury Department’s Office of Foreign Assets Control PO 00000 Frm 00120 Fmt 4703 Sfmt 4703 (‘‘OFAC’’) is publishing the name of one newly-designated person whose property and interests in property are blocked pursuant to Executive Order 13382 of June 28, 2005, ‘‘Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters.’’ DATES: The designation by the Secretary of the Treasury of the person identified in this notice pursuant to Executive Order 13382 is effective on August 15, 2006. FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance Outreach & Implementation, Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220, tel.: 202/622–2490. SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC’s Web site (https://www.treas.gov/ofac) or via facsimile through a 24-hour fax-on demand service, tel.: (202) 622–0077. Background On June 28, 2005, the President, invoking the authority, inter alia, of the International Emergency Economic Powers Act (50 U.S.C. 1701–1706) (‘‘IEEPA’’), issued Executive Order 13382 (70 FR 38567, July 1, 2005) (the ‘‘Order’’), effective at 12:01 a.m. eastern daylight time on June 29, 2005. In the Order, the President took additional steps with respect to the national emergency described and declared in Executive Order 12938 of November 14, 1994, regarding the proliferation of weapons of mass destruction and the means of delivering them. Section 1 of the Order blocks, with certain exceptions, all property and interests in property that are in the United States, or that hereafter come within the United States or that are or hereafter come within the possession or control of United States persons, of: (1) The persons listed in an Annex to the Order; (2) any foreign person determined by the Secretary of State, in consultation with the Secretary of the Treasury, the Attorney General, and other relevant agencies, to have engaged, or attempted to engage, in activities or transactions that have materially contributed to, or pose a risk of materially contributing to, the proliferation of weapons of mass destruction or their means of delivery (including missiles capable of delivering such weapons), including any efforts to manufacture, acquire, possess, develop, transport, transfer or use such items, by E:\FR\FM\25AUN1.SGM 25AUN1 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]
[Pages 50502-50503]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-14103]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Additional Designation of Entity Pursuant to Executive Order 
13382

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing the name of one newly-designated person whose 
property and interests in property are blocked pursuant to Executive 
Order 13382 of June 28, 2005, ``Blocking Property of Weapons of Mass 
Destruction Proliferators and Their Supporters.''

DATES: The designation by the Secretary of the Treasury of the person 
identified in this notice pursuant to Executive Order 13382 is 
effective on August 15, 2006.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (https://www.treas.gov/ofac) or via 
facsimile through a 24-hour fax-on demand service, tel.: (202) 622-
0077.

Background

    On June 28, 2005, the President, invoking the authority, inter 
alia, of the International Emergency Economic Powers Act (50 U.S.C. 
1701-1706) (``IEEPA''), issued Executive Order 13382 (70 FR 38567, July 
1, 2005) (the ``Order''), effective at 12:01 a.m. eastern daylight time 
on June 29, 2005. In the Order, the President took additional steps 
with respect to the national emergency described and declared in 
Executive Order 12938 of November 14, 1994, regarding the proliferation 
of weapons of mass destruction and the means of delivering them.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in the United States, or 
that hereafter come within the United States or that are or hereafter 
come within the possession or control of United States persons, of: (1) 
The persons listed in an Annex to the Order; (2) any foreign person 
determined by the Secretary of State, in consultation with the 
Secretary of the Treasury, the Attorney General, and other relevant 
agencies, to have engaged, or attempted to engage, in activities or 
transactions that have materially contributed to, or pose a risk of 
materially contributing to, the proliferation of weapons of mass 
destruction or their means of delivery (including missiles capable of 
delivering such weapons), including any efforts to manufacture, 
acquire, possess, develop, transport, transfer or use such items, by

[[Page 50503]]

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