Submission for OMB Review; Comment Request, 66365-66366 [E6-19119]
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Federal Register / Vol. 71, No. 219 / Tuesday, November 14, 2006 / Notices
impaired is available through the
Federal Information Relay Service
(FIRS) at 1–800–877–8339.] Comments
on environmental and historic
preservation matters must be filed
within 15 days after the EA becomes
available to the public.
Environmental, historic preservation,
public use, or trail use/rail banking
conditions will be imposed, where
appropriate, in a subsequent decision.
Pursuant to the provisions of 49 CFR
1152.29(e)(2), Yadkin shall file a notice
of consummation with the Board to
signify that it has exercised the
authority granted and fully abandoned
the line. If consummation has not been
effected by Yadkin’s filing of a notice of
consummation by November 14, 2007,
and there are no legal or regulatory
barriers to consummation, the authority
to abandon will automatically expire.
Board decisions and notices are
available on our Web site at https://
www.stb.dot.gov.
Decided: November 3, 2006.
By the Board, David M. Konschnik,
Director, Office of Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E6–19036 Filed 11–13–06; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
November 7, 2006.
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 December 14, 2006
to be assured of consideration.
sroberts on PROD1PC70 with NOTICES
Internal Revenue Service (IRS)
OMB Number: 1545–1546.
Type of Review: Extension.
Title: Revenue Procedure 97–33,
EFTPS (Electronic Federal Tax Payment
System).
Description: Some taxpayers are
required by regulations issued under
VerDate Aug<31>2005
19:07 Nov 13, 2006
Jkt 211001
Sec. 6302(h) of the Internal Revenue
Code to make Federal Tax Deposits
(FTDs) using the Electronic Federal Tax
Payment System (EFTPS). Other
taxpayers may choose to voluntarily
participate in EFTPS. EFTPS requires
that a taxpayer complete an enrollment
form to provide the information the IRS
needs to properly credit the taxpayer’s
account. Revenue 97–33 provides
procedures and information that will
help taxpayers to electronically make
FTDs and tax payments through EFTPS.
Respondents: Businesses, farms, and
not-for-profit institutions.
Estimated Total Burden Hours:
278,622 hours.
OMB Number: 1545–0052.
Type of Review: Extension.
Title: Form 990–PF, Return of Private
Foundation or Section 4947(a)(1)
Nonexempt Charitable Trust Treated as
a Private Foundation, and Form 4720,
Return of Certain Excise Taxes on
Charities.
Form: 990–PF and 4720.
Description: IRC section 6033 requires
all private foundations, including
section 4947(a)(1) trusts treated as
private foundations, to file an annual
information return. Section 53.4940–
1(a) of the Income Tax Regulations
requires that the tax on net investment
income be reported on the return filed
under section 6033. Form 990–PF is
used for this purpose. Section 6011
requires a report of taxes under Chapter
42 of the Code for prohibited acts by
private foundation and certain related
parties. Form 4720 is used by
foundations and/or related persons to
report prohibited activities in detail and
pay the tax on them.
Respondents: Not-for-profit
institutions.
Estimated Total Burden Hours:
11,029,293 hours.
OMB Number: 1545–0687.
Title: Exempt Organization Business
Income Tax Return.
Type of Review: Extension.
Form: 990–T.
Description: Form 990–T is needed to
compute the section 511 tax on
unrelated business income of a
charitable organization. IRS uses the
information to enforce the tax.
Respondents: Not-for-profit
institutions.
Estimated Total Burden Hours:
5,271,224 hours.
OMB Number: 1545–2020.
Title: Information Returns Required
with Respect to Certain Foreign
Corporations and Certain ForeignOwned Domestic Corporations.
Type of Review: Extension.
Description: This document contains
final and temporary regulations that
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Fmt 4703
Sfmt 4703
66365
provide guidance under section 6038
and 6038A of the Internal Revenue
Code. The final regulations under Sec.
1.6038–2 are revised to remove and
replace obsolete references to a form
and IRS offices. The temporary
regulations clarify the information
required to be furnished regarding
certain related party transactions of
certain foreign corporations and certain
foreign-owned domestic corporations.
Specifically, in addition to the types of
transactions listed in Sec. 1.6038–
2(f)(11) taxpayers are required to report
the sales of tangible property other than
stock in trade on Form 5471.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours: 1,250
hours.
OMB Number: 1545–0212.
Title: Application for Extension of
Time to File Certain Employee Plan
Returns.
Type of Review: Extension.
Form: 5558.
Description: This form is used by
employers to request an extension of
time to file the employee plan annual
information return/report (Form 5500
series) or employee plan excise tax
return (Form 5330). The data supplied
on Form 5558 is used to determine if
such extension of time is warranted.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
185,724 hours.
OMB Number: 1545–0028.
Title: Employer’s Annual Federal
Unemployment (FUTA) Tax Return
(Form 940).
Type of Review: Revision.
Form: 940.
Description: IRC section 3301 imposes
a tax on employees based on the first
$7,000 of taxable annual wages paid to
each employee. IRS uses the
information reported on Forms 940 and
940–PR (Puerto Rico) to ensure that
employers have reported and figured the
correct FUTA Wages and tax. There is
a decrease in burden due to the net
decrease of 25 line items from Form 940
and an increase of 6 line items on the
940 worksheet.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
16,695,730 hours.
OMB Number: 1545–0123.
Title: Form 1120, U.S. Corp. Income
Tax Return, Schedule D, Capital Gains
and Losses, Schedule H, Section 280H
Limitations for a Personal Service
Corporation (PSC).
Type of Review: Extension.
Form: 1120.
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66366
Federal Register / Vol. 71, No. 219 / Tuesday, November 14, 2006 / Notices
Description: Form 1120 is used by
corporations to compute their taxable
income and tax liability. Schedule D
(Form 1120) is used by corporations to
report gains and losses from the sale of
capital assets. Schedule PH (Form 1120)
is used by personal holding companies
to figure the personal holding company
tax under section 541. Schedule H
(Form 1120) is used by personal service
corporations to determine if they have
met the minimum distribution
requirements of section 280H. Schedule
N (1120) is used by corporations that
have assets in or business operations in
a foreign country or a U.S. possession.
The IRS uses these forms to determine
corporate tax liability.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
370,939,155 hours.
OMB Number: 1545–0196.
Title: Split-Interest Trust Information
Return.
Type of Review: Extension.
Form: 5227.
Description: The data reported is used
to verify that the beneficiaries of a
charitable remainder trust include the
correct amounts in their tax returns, and
that the split-interest trust is not subject
to private foundation taxes.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
10,051,150 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. E6–19119 Filed 11–13–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8879–S
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
VerDate Aug<31>2005
19:07 Nov 13, 2006
Jkt 211001
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
8879–S, IRS e-file Signature
Authorization for Form 1120S.
DATES: Written comments should be
received on or before January 16, 2007
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, at Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: IRS e-file Signature
Authorization for Form 1120S.
OMB Number: 1545–1863.
Form Number: 8879–S.
Abstract: Form 8879–S authorizes an
officer of a corporation and an
electronic return originator (ERO) to use
a personal identification number (PIN)
to electronically sign a corporation’s
electronic income tax return and, if
applicable, Electronic Funds
Withdrawal Consent.
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: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
11,360.
Estimated Time per Respondent: 6
hours, 32 minutes.
Estimated Total Annual Burden
Hours: 74,181.
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
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Fmt 4703
Sfmt 4703
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: October 24, 2006.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–19124 Filed 11–13–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 4506
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
4506, Request for Copy or Transcript of
Tax Form.
DATES: Written comments should be
received on or before January 16, 2007
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, or at Internal Revenue
Service, room 6516, 1111 Constitution
E:\FR\FM\14NON1.SGM
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]]>Agencies
[Federal Register Volume 71, Number 219 (Tuesday, November 14, 2006)]
[Notices]
[Pages 66365-66366]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-19119]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
November 7, 2006.
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 December 14,
2006 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1546.
Type of Review: Extension.
Title: Revenue Procedure 97-33, EFTPS (Electronic Federal Tax
Payment System).
Description: Some taxpayers are required by regulations issued
under Sec. 6302(h) of the Internal Revenue Code to make Federal Tax
Deposits (FTDs) using the Electronic Federal Tax Payment System
(EFTPS). Other taxpayers may choose to voluntarily participate in
EFTPS. EFTPS requires that a taxpayer complete an enrollment form to
provide the information the IRS needs to properly credit the taxpayer's
account. Revenue 97-33 provides procedures and information that will
help taxpayers to electronically make FTDs and tax payments through
EFTPS.
Respondents: Businesses, farms, and not-for-profit institutions.
Estimated Total Burden Hours: 278,622 hours.
OMB Number: 1545-0052.
Type of Review: Extension.
Title: Form 990-PF, Return of Private Foundation or Section
4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation,
and Form 4720, Return of Certain Excise Taxes on Charities.
Form: 990-PF and 4720.
Description: IRC section 6033 requires all private foundations,
including section 4947(a)(1) trusts treated as private foundations, to
file an annual information return. Section 53.4940-1(a) of the Income
Tax Regulations requires that the tax on net investment income be
reported on the return filed under section 6033. Form 990-PF is used
for this purpose. Section 6011 requires a report of taxes under Chapter
42 of the Code for prohibited acts by private foundation and certain
related parties. Form 4720 is used by foundations and/or related
persons to report prohibited activities in detail and pay the tax on
them.
Respondents: Not-for-profit institutions.
Estimated Total Burden Hours: 11,029,293 hours.
OMB Number: 1545-0687.
Title: Exempt Organization Business Income Tax Return.
Type of Review: Extension.
Form: 990-T.
Description: Form 990-T is needed to compute the section 511 tax on
unrelated business income of a charitable organization. IRS uses the
information to enforce the tax.
Respondents: Not-for-profit institutions.
Estimated Total Burden Hours: 5,271,224 hours.
OMB Number: 1545-2020.
Title: Information Returns Required with Respect to Certain Foreign
Corporations and Certain Foreign-Owned Domestic Corporations.
Type of Review: Extension.
Description: This document contains final and temporary regulations
that provide guidance under section 6038 and 6038A of the Internal
Revenue Code. The final regulations under Sec. 1.6038-2 are revised to
remove and replace obsolete references to a form and IRS offices. The
temporary regulations clarify the information required to be furnished
regarding certain related party transactions of certain foreign
corporations and certain foreign-owned domestic corporations.
Specifically, in addition to the types of transactions listed in Sec.
1.6038-2(f)(11) taxpayers are required to report the sales of tangible
property other than stock in trade on Form 5471.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 1,250 hours.
OMB Number: 1545-0212.
Title: Application for Extension of Time to File Certain Employee
Plan Returns.
Type of Review: Extension.
Form: 5558.
Description: This form is used by employers to request an extension
of time to file the employee plan annual information return/report
(Form 5500 series) or employee plan excise tax return (Form 5330). The
data supplied on Form 5558 is used to determine if such extension of
time is warranted.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 185,724 hours.
OMB Number: 1545-0028.
Title: Employer's Annual Federal Unemployment (FUTA) Tax Return
(Form 940).
Type of Review: Revision.
Form: 940.
Description: IRC section 3301 imposes a tax on employees based on
the first $7,000 of taxable annual wages paid to each employee. IRS
uses the information reported on Forms 940 and 940-PR (Puerto Rico) to
ensure that employers have reported and figured the correct FUTA Wages
and tax. There is a decrease in burden due to the net decrease of 25
line items from Form 940 and an increase of 6 line items on the 940
worksheet.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 16,695,730 hours.
OMB Number: 1545-0123.
Title: Form 1120, U.S. Corp. Income Tax Return, Schedule D, Capital
Gains and Losses, Schedule H, Section 280H Limitations for a Personal
Service Corporation (PSC).
Type of Review: Extension.
Form: 1120.
[[Page 66366]]
Description: Form 1120 is used by corporations to compute their
taxable income and tax liability. Schedule D (Form 1120) is used by
corporations to report gains and losses from the sale of capital
assets. Schedule PH (Form 1120) is used by personal holding companies
to figure the personal holding company tax under section 541. Schedule
H (Form 1120) is used by personal service corporations to determine if
they have met the minimum distribution requirements of section 280H.
Schedule N (1120) is used by corporations that have assets in or
business operations in a foreign country or a U.S. possession. The IRS
uses these forms to determine corporate tax liability.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 370,939,155 hours.
OMB Number: 1545-0196.
Title: Split-Interest Trust Information Return.
Type of Review: Extension.
Form: 5227.
Description: The data reported is used to verify that the
beneficiaries of a charitable remainder trust include the correct
amounts in their tax returns, and that the split-interest trust is not
subject to private foundation taxes.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 10,051,150 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. E6-19119 Filed 11-13-06; 8:45 am]
BILLING CODE 4830-01-P
