Proposed Collection; Comment Request for Form 11-C, 57027 [E6-15911]
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Federal Register / Vol. 71, No. 188 / Thursday, September 28, 2006 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 11–C
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
11–C, Occupational Tax and Register
Return for Wagering.
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 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).
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SUPPLEMENTARY INFORMATION:
Title: Occupational Tax Wagering.
OMB Number: 1545–0236.
Form Number: 11–C.
Abstract: Form 11–C is used to
register persons accepting wagers, as
required by Internal Revenue Code
section 4412. The IRS uses this form to
register the respondent, collect the
annual stamp tax imposed by Code
section 4411 and to verify that the tax
on wagers is reported on Form 730, Tax
on Wagering.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals.
Estimated Number of Respondents:
23,000.
Estimated Time Per Respondent: 5
hours, 21 minutes.
Estimated Total Annual Burden
Hours: 123,050.
VerDate Aug<31>2005
20:16 Sep 27, 2006
Jkt 208001
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 15, 2006.
Glenn Kirkland,
IRS Reports Clearance Office.
[FR Doc. E6–15911 Filed 9–27–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[EE–81–88]
Proposed Collection; Comment
Request for Regulation Project
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,
PO 00000
Frm 00079
Fmt 4703
Sfmt 4703
57027
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning an
existing final regulation, EE–81–88 (TD
8599), Deductions for Transfers of
Property (§ 1.83–6(a)).
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: Deductions for Transfers of
Property.
OMB Number: 1545–1448.
Regulation Project Number: EE–81–
88.
Abstract: Abstract Section 1.83–6(a) of
the regulation provides that when
property is transferred in connection
with the performance of services, the
recipient of service may claim a
deduction for the amount included as
compensation in the gross income of the
service provider. The service provider
will be deemed to have included an
amount in gross income if the service
recipient provides a timely Form W–2
or 1099, as appropriate.
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, not-for-profit institutions,
and farms.
The estimated annual burden of
reporting will be reflected in the
reporting requirements for Forms W–2
and 1099–MISC.
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.
E:\FR\FM\28SEN1.SGM
28SEN1
]]>Agencies
[Federal Register Volume 71, Number 188 (Thursday, September 28, 2006)]
[Notices]
[Page 57027]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-15911]
[[Page 57027]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 11-C
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 11-C, Occupational Tax and Register Return for Wagering.
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 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: Occupational Tax Wagering.
OMB Number: 1545-0236.
Form Number: 11-C.
Abstract: Form 11-C is used to register persons accepting wagers,
as required by Internal Revenue Code section 4412. The IRS uses this
form to register the respondent, collect the annual stamp tax imposed
by Code section 4411 and to verify that the tax on wagers is reported
on Form 730, Tax on Wagering.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals.
Estimated Number of Respondents: 23,000.
Estimated Time Per Respondent: 5 hours, 21 minutes.
Estimated Total Annual Burden Hours: 123,050.
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 15, 2006.
Glenn Kirkland,
IRS Reports Clearance Office.
[FR Doc. E6-15911 Filed 9-27-06; 8:45 am]
BILLING CODE 4830-01-P
