Proposed Collection; Comment Request for Regulation Project, 57024 [E6-15896]
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57024
Federal Register / Vol. 71, No. 188 / Thursday, September 28, 2006 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–109481–99]
Proposed Collection; Comment
Request for Regulation Project
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 an
existing final regulation, REG–109481–
99 (TD 9076), Special Rules Under
Section 417(a)(7) for Written
Explanation Provided by Qualified
Retirement Plan After Annuity Starting
Dates (§ 1.417(e)–1).
DATES: Written comments should be
received on or before November 27,
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: Special Rules Under Section
417(a)(7) for Written Explanation
Provided by Qualified Retirement Plan
After Annuity Starting Dates.
OMB Number: 1545–1724.
Regulation Project Number: REG–
109481–99.
Abstract: The collection of
information requirement in section
1.417(e)–1(b)(3)(iv)(B) and 1.417(e)–
1(b)(3)(v)(A) is required to ensure that a
participant and the participant’s spouse
consent to a form of distribution from a
qualified plan that may result in
reduced periodic payments.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
VerDate Aug<31>2005
20:16 Sep 27, 2006
Jkt 208001
organizations, and not-for-profit
institutions.
Estimated Number of Respondents:
50,000.
Estimated Time Per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 12,500.
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: September 14, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–15896 Filed 9–27–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 97–46
and Revenue Procedure 97–44
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: The Department of the
Treasury, as part of its continuing effort
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
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
Revenue Procedure 98–46 and Revenue
Procedure 97–44, LIFO Conformity
Requirement.
Written comments should be
received on or before November 27,
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) 622–3179, or
through the internet at
(Larnice.Mack@irs.gov).
DATES:
SUPPLEMENTARY INFORMATION:
Title: LIFO Conformity Requirement.
OMB Number: 1545–1559.
Revenue Procedure Number: Revenue
Procedure 98–46 and Revenue
Procedure 97–44.
Abstract: Revenue Procedure 97–44
permits automobile dealers that comply
with the terms of the revenue procedure
to continue using the LIFO inventory
method despite previous violations of
the LIFO conformity requirements of
Internal Revenue Code section 472(c) or
(e)(2). Revenue Procedure 98–46
modified Revenue Procedure 97–44 by
allowing medium- and heavy-duty truck
dealers to take advantage of the
favorable relief provided in Revenue
Procedure 97–44.
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: Business or other forprofit organizations.
Estimated Number of Respondents:
5,000.
Estimated Average Time per
Respondent: 20 hours.
Estimated Total Annual Reporting
Burden: 100,000.
The following paragraph applies to all
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
E:\FR\FM\28SEN1.SGM
28SEN1
]]>Agencies
[Federal Register Volume 71, Number 188 (Thursday, September 28, 2006)]
[Notices]
[Page 57024]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-15896]
[[Page 57024]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-109481-99]
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-109481-99 (TD 9076), Special Rules Under
Section 417(a)(7) for Written Explanation Provided by Qualified
Retirement Plan After Annuity Starting Dates (Sec. 1.417(e)-1).
DATES: Written comments should be received on or before November 27,
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: Special Rules Under Section 417(a)(7) for Written
Explanation Provided by Qualified Retirement Plan After Annuity
Starting Dates.
OMB Number: 1545-1724.
Regulation Project Number: REG-109481-99.
Abstract: The collection of information requirement in section
1.417(e)-1(b)(3)(iv)(B) and 1.417(e)-1(b)(3)(v)(A) is required to
ensure that a participant and the participant's spouse consent to a
form of distribution from a qualified plan that may result in reduced
periodic payments.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of currently approved collection.
Affected Public: Individuals or households, business or other for-
profit organizations, and not-for-profit institutions.
Estimated Number of Respondents: 50,000.
Estimated Time Per Respondent: 15 minutes.
Estimated Total Annual Burden Hours: 12,500.
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: September 14, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-15896 Filed 9-27-06; 8:45 am]
BILLING CODE 4830-01-P
