Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 61062-61063 [E6-17150]
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61062
Federal Register / Vol. 71, No. 200 / Tuesday, October 17, 2006 / Notices
Ron
Wyman, Revenue Division, Collection
and Refunds Branch, 6650 Telecom
Drive, Suite #100, Indianapolis, Indiana
46278; telephone (317) 614–4516.
SUPPLEMENTARY INFORMATION:
FOR FURTHER INFORMATION CONTACT:
DEPARTMENT OF HOMELAND
SECURITY
Customs and Border Protection
Quarterly IRS Interest Rates Used in
Calculating Interest on Overdue
Accounts and Refunds on Customs
Duties
Background
Customs and Border Protection,
Department of Homeland Security.
ACTION: General notice.
AGENCY:
SUMMARY: This notice advises the public
of the quarterly Internal Revenue
Service interest rates used to calculate
interest on overdue accounts
(underpayments) and refunds
(overpayments) of customs duties. For
the calendar quarter beginning October
1, 2006, the interest rates for
overpayments will remain at 7 percent
for corporations and 8 percent for noncorporations, and the interest rate for
underpayments will remain at 8
percent. This notice is published for the
convenience of the importing public
and Customs and Border Protection
personnel.
DATES: Effective Date: October 1, 2006.
Pursuant to 19 U.S.C. 1505 and
Treasury Decision 85–93, published in
the Federal Register on May 29, 1985
(50 FR 21832), the interest rate paid on
applicable overpayments or
underpayments of customs duties must
be in accordance with the Internal
Revenue Code rate established under 26
U.S.C. 6621 and 6622. Section 6621 was
amended (at paragraph (a)(1)(B) by the
Internal Revenue Service Restructuring
and Reform Act of 1998, Public Law
105–206, 112 Stat. 685) to provide
different interest rates applicable to
overpayments: one for corporations and
one for non-corporations.
The interest rates are based on the
Federal short-term rate and determined
by the Internal Revenue Service (IRS) on
behalf of the Secretary of the Treasury
on a quarterly basis. The rates effective
for a quarter are determined during the
bajohnson on PROD1PC69 with NOTICES
Beginning date
070174
070175
020176
020178
020180
020182
010183
070183
010185
070185
010186
070186
010187
100187
010188
040188
100188
040189
100189
040191
010192
040192
100192
070194
100194
040195
070195
040196
070196
040198
010199
040199
040100
040101
070101
010102
010103
Ending date
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VerDate Aug<31>2005
04:06 Oct 18, 2006
Jkt 211001
PO 00000
Frm 00049
Fmt 4703
Sfmt 4703
first-month period of the previous
quarter.
In Revenue Ruling 2006–49, the IRS
determined the rates of interest for the
calendar quarter beginning October 1,
2006, and ending December 31, 2006.
The interest rate paid to the Treasury for
underpayments will be the Federal
short-term rate (5%) plus three
percentage points (3%) for a total of
eight percent (8%). For corporate
overpayments, the rate is the Federal
short-term rate (5%) plus two
percentage points (2%) for a total of
seven percent (7%). For overpayments
made by non-corporations, the rate is
the Federal short-term rate (5%) plus
three percentage points (3%) for a total
of eight percent (8%). These interest
rates are subject to change for the
calendar quarter beginning January 1,
2007, and ending March 31, 2007.
For the convenience of the importing
public and Customs and Border
Protection personnel the following list
of IRS interest rates used, covering the
period from before July of 1974 to date,
to calculate interest on overdue
accounts and refunds of customs duties,
is published in summary format.
Underpayments
(percent)
063075
013176
013178
013180
013182
123182
063083
123184
063085
123185
063086
123186
093087
123187
033188
093088
033189
093089
033191
123191
033192
093092
063094
093094
033195
063095
033196
063096
033198
123198
033199
033100
033101
063001
123101
123102
093003
E:\FR\FM\17OCN1.SGM
6
9
7
6
12
20
16
11
13
11
10
9
9
10
11
10
11
12
11
10
9
8
7
8
9
10
9
8
9
8
7
8
9
8
7
6
5
17OCN1
Overpayments
(percent)
Corporate
overpayments
(Eff. 1–1–99)
(percent)
6
9
7
6
12
20
16
11
13
11
10
9
8
9
10
9
10
11
10
9
8
7
6
7
8
9
8
7
8
7
7
8
9
8
7
6
5
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
6
7
8
7
6
5
4
61063
Federal Register / Vol. 71, No. 200 / Tuesday, October 17, 2006 / Notices
Beginning date
100103
040104
070104
100104
040105
100105
070106
Ending date
.............................................................................................................
.............................................................................................................
.............................................................................................................
.............................................................................................................
.............................................................................................................
.............................................................................................................
.............................................................................................................
Dated: October 6, 2006.
Jayson P. Ahern,
Acting Commissioner, Customs and Border
Protection.
[FR Doc. E6–17150 Filed 10–16–06; 8:45 am]
BILLING CODE 9111–14–P
033104
063004
093004
033105
093005
063006
123106
and an orientation for new Public
Advisory Committee members.
Willie R. Taylor,
Director, Office of Environmental Policy and
Compliance.
[FR Doc. E6–17232 Filed 10–16–06; 8:45 am]
BILLING CODE 4310–RG–P
DEPARTMENT OF THE INTERIOR
DEPARTMENT OF THE INTERIOR
Office of the Secretary
Fish and Wildlife Service
Exxon Valdez Oil Spill Trustee Council;
Notice of Meeting
Notice of Availability of Draft
Environmental Impact Statement, Draft
Comprehensive Conservation Plan,
and Draft Land Protection Plan for
Texas Chenier Plain National Wildlife
Refuge Complex
AGENCY:
ACTION:
Office of the Secretary, Interior.
Notice of meeting date change.
The Department of the
Interior, Office of the Secretary is
rescheduling the October 18, 2006,
public meeting of the Exxon Valdez Oil
Spill Public Advisory Committee to
November 2, 2006.
SUMMARY:
DATES:
November 2, 2006, at 8:30 a.m.
Exxon Valdez Oil Spill
Trustee Council Office, 441 West 5th
Avenue, Suite 500, Anchorage, Alaska.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Douglas Mutter, Department of the
Interior, Office of Environmental Policy
and Compliance, 1689 C Street, Suite
119, Anchorage, Alaska, 99501, (907)
271–5011.
The
Public Advisory Committee was created
by Paragraph V.A.4 of the Memorandum
of Agreement and Consent Decree
entered into by the United States of
America and the State of Alaska on
August 27, 1991, and approved by the
United States District Court for the
District of Alaska in settlement of
United States of America v. State of
Alaska, Civil Action No. A91–081 CV.
The meeting agenda will include review
and recommendations on the draft fiscal
year 2007 work plan, an update on the
injured resources and services list, an
update on the herring restoration effort,
bajohnson on PROD1PC69 with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Aug<31>2005
04:06 Oct 18, 2006
Jkt 211001
Fish and Wildlife Service,
Department of the Interior.
ACTION: Notice of Availability.
AGENCY:
SUMMARY: The U.S. Fish and Wildlife
Service (Service) announces that the
Draft Environmental Impact Statement
(EIS), Draft Comprehensive
Conservation Plan (CCP), and Draft
Land Protection Plan (LPP) are available
for the Texas Chenier Plain National
Wildlife Refuge Complex. We prepared
this CCP pursuant to the National
Wildlife Refuge System Administration
Act of 1966, as amended by the National
Wildlife Refuge System Improvement
Act of 1997, and the National
Environmental Policy Act of 1969
(NEPA); and we describe how the
Service intends to manage this Refuge
Complex over the next 15 years. This
draft LPP was prepared pursuant to
Service policy and the National
Environmental Policy Act of 1969, and
would expand the approved acquisition
boundary for the four refuges within the
Complex.
DATES: We must receive your comments
on or before January 16, 2007.
ADDRESSES: A copy of the Draft EIS,
CCP, and LPP is available on a compact
disk (CD), and you may obtain a copy
by writing: Doug St. Pierre, Natural
Resource Planner, U.S. Fish and
Wildlife Service, National Wildlife
Refuge System, Southwest Region,
PO 00000
Frm 00050
Fmt 4703
Sfmt 4703
Overpayments
(percent)
Underpayments
(percent)
4
5
4
5
6
7
8
Corporate
overpayments
(Eff. 1–1–99)
(percent)
4
5
4
5
6
7
8
3
4
3
4
5
6
7
Division of Planning, P.O. Box 1306,
Albuquerque, NM 87103; or, Andy
Loranger, Complex Manager, Texas
Chenier Plain National Wildlife Refuge
Complex, 509 Washington Street,
Anahuac, TX 77514. Written comments
may be mailed to the above addresses or
submitted via electronic mail to:
doug_stpierre@fws.gov. You may also
access and download copies of the draft
document at the following website
address: https://southwest.fws.gov/
refuges/Plan/.
FOR FURTHER INFORMATION, PLEASE
CONTACT: Doug St. Pierre, at 505–248–
6636.
SUPPLEMENTARY INFORMATION: The
National Wildlife System
Administration Act of 1966, as amended
by the National Wildlife Refuge
Improvement Act of 1997 (16 U.S.C.
668dd–668ee et seq.) requires a CCP.
The purpose in developing CCPs is to
provide refuge managers with a 15-year
strategy for achieving refuge purposes
and contributing toward the mission of
the National Wildlife Refuge System,
consistent with sound principles of fish
and wildlife science, conservation, legal
mandates, and Service policies. In
addition to outlining broad management
direction on conserving wildlife and
their habitats, the CCPs identify
wildlife-dependent recreational
opportunities available to the public,
including opportunities for hunting,
fishing, wildlife observation and
photography, and environmental
education and interpretation. We will
review and update these CCPs at least
every 15 years in accordance with the
National Wildlife Refuge System
Administration Act of 1966, as amended
by the National Wildlife Refuge System
Improvement Act of 1997, and the
National Environmental Policy Act of
1969 (42 U.S.C 4321–4370d).
Background: The Texas Chenier Plain
National Wildlife Refuge Complex
contains four refuges: Moody National
Wildlife Refuge, Anahuac National
Wildlife Refuge, McFaddin National
Wildlife Refuge, and Texas Point
National Wildlife Refuge. The refuges
are located along the Texas Coast,
E:\FR\FM\17OCN1.SGM
17OCN1
]]>Agencies
[Federal Register Volume 71, Number 200 (Tuesday, October 17, 2006)]
[Notices]
[Pages 61062-61063]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-17150]
[[Page 61062]]
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DEPARTMENT OF HOMELAND SECURITY
Customs and Border Protection
Quarterly IRS Interest Rates Used in Calculating Interest on
Overdue Accounts and Refunds on Customs Duties
AGENCY: Customs and Border Protection, Department of Homeland Security.
ACTION: General notice.
-----------------------------------------------------------------------
SUMMARY: This notice advises the public of the quarterly Internal
Revenue Service interest rates used to calculate interest on overdue
accounts (underpayments) and refunds (overpayments) of customs duties.
For the calendar quarter beginning October 1, 2006, the interest rates
for overpayments will remain at 7 percent for corporations and 8
percent for non-corporations, and the interest rate for underpayments
will remain at 8 percent. This notice is published for the convenience
of the importing public and Customs and Border Protection personnel.
DATES: Effective Date: October 1, 2006.
FOR FURTHER INFORMATION CONTACT: Ron Wyman, Revenue Division,
Collection and Refunds Branch, 6650 Telecom Drive, Suite 100,
Indianapolis, Indiana 46278; telephone (317) 614-4516.
SUPPLEMENTARY INFORMATION:
Background
Pursuant to 19 U.S.C. 1505 and Treasury Decision 85-93, published
in the Federal Register on May 29, 1985 (50 FR 21832), the interest
rate paid on applicable overpayments or underpayments of customs duties
must be in accordance with the Internal Revenue Code rate established
under 26 U.S.C. 6621 and 6622. Section 6621 was amended (at paragraph
(a)(1)(B) by the Internal Revenue Service Restructuring and Reform Act
of 1998, Public Law 105-206, 112 Stat. 685) to provide different
interest rates applicable to overpayments: one for corporations and one
for non-corporations.
The interest rates are based on the Federal short-term rate and
determined by the Internal Revenue Service (IRS) on behalf of the
Secretary of the Treasury on a quarterly basis. The rates effective for
a quarter are determined during the first-month period of the previous
quarter.
In Revenue Ruling 2006-49, the IRS determined the rates of interest
for the calendar quarter beginning October 1, 2006, and ending December
31, 2006. The interest rate paid to the Treasury for underpayments will
be the Federal short-term rate (5%) plus three percentage points (3%)
for a total of eight percent (8%). For corporate overpayments, the rate
is the Federal short-term rate (5%) plus two percentage points (2%) for
a total of seven percent (7%). For overpayments made by non-
corporations, the rate is the Federal short-term rate (5%) plus three
percentage points (3%) for a total of eight percent (8%). These
interest rates are subject to change for the calendar quarter beginning
January 1, 2007, and ending March 31, 2007.
For the convenience of the importing public and Customs and Border
Protection personnel the following list of IRS interest rates used,
covering the period from before July of 1974 to date, to calculate
interest on overdue accounts and refunds of customs duties, is
published in summary format.
----------------------------------------------------------------------------------------------------------------
Corporate
Underpayments Overpayments overpayments
Beginning date Ending date (percent) (percent) (Eff. 1-1-99)
(percent)
----------------------------------------------------------------------------------------------------------------
070174.......................................... 063075 6 6 ..............
070175.......................................... 013176 9 9 ..............
020176.......................................... 013178 7 7 ..............
020178.......................................... 013180 6 6 ..............
020180.......................................... 013182 12 12 ..............
020182.......................................... 123182 20 20 ..............
010183.......................................... 063083 16 16 ..............
070183.......................................... 123184 11 11 ..............
010185.......................................... 063085 13 13 ..............
070185.......................................... 123185 11 11 ..............
010186.......................................... 063086 10 10 ..............
070186.......................................... 123186 9 9 ..............
010187.......................................... 093087 9 8 ..............
100187.......................................... 123187 10 9 ..............
010188.......................................... 033188 11 10 ..............
040188.......................................... 093088 10 9 ..............
100188.......................................... 033189 11 10 ..............
040189.......................................... 093089 12 11 ..............
100189.......................................... 033191 11 10 ..............
040191.......................................... 123191 10 9 ..............
010192.......................................... 033192 9 8 ..............
040192.......................................... 093092 8 7 ..............
100192.......................................... 063094 7 6 ..............
070194.......................................... 093094 8 7 ..............
100194.......................................... 033195 9 8 ..............
040195.......................................... 063095 10 9 ..............
070195.......................................... 033196 9 8 ..............
040196.......................................... 063096 8 7 ..............
070196.......................................... 033198 9 8 ..............
040198.......................................... 123198 8 7 ..............
010199.......................................... 033199 7 7 6
040199.......................................... 033100 8 8 7
040100.......................................... 033101 9 9 8
040101.......................................... 063001 8 8 7
070101.......................................... 123101 7 7 6
010102.......................................... 123102 6 6 5
010103.......................................... 093003 5 5 4
[[Page 61063]]
100103.......................................... 033104 4 4 3
040104.......................................... 063004 5 5 4
070104.......................................... 093004 4 4 3
100104.......................................... 033105 5 5 4
040105.......................................... 093005 6 6 5
100105.......................................... 063006 7 7 6
070106.......................................... 123106 8 8 7
----------------------------------------------------------------------------------------------------------------
Dated: October 6, 2006.
Jayson P. Ahern,
Acting Commissioner, Customs and Border Protection.
[FR Doc. E6-17150 Filed 10-16-06; 8:45 am]
BILLING CODE 9111-14-P
