Proposed Collection; Comment Request for Regulation Project, 67018-67019 [E6-19417]
Download as PDF
<![CDATA[
jlentini on PROD1PC65 with NOTICES
67018
Federal Register / Vol. 71, No. 222 / Friday, November 17, 2006 / Notices
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: Excise Taxes on Excess
Inclusions of REMIC Residual Interests.
OMB Number: 1545–1379.
Form Number: 8831.
Abstract: Form 8831 is used by a real
estate mortgage investment conduit
(REMIC) to figure its excise tax liability
under Internal Revenue Code sections
860e(e)(1), 860E(e)(6), and 860E(e)(7).
IRS uses the information to determine
the correct tax liability of the REMIC.
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.
Estimated Number of Respondents:
94,717.
Estimated Time Per Response: 4
hours, 9 minutes.
Estimated Total Annual Burden
Hours: 392,971.
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.
VerDate Aug<31>2005
16:31 Nov 16, 2006
Jkt 211001
Approved: November 2, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–19414 Filed 11–16–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 976
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
976, Claim for Deficiency Dividends
Deductions by a Personal Holding
Company, Regulated Investment
Company, or Real Estate Investment
Trust.
Written comments should be
received on or before January 16, 2007
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 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).
DATES:
SUPPLEMENTARY INFORMATION:
Title: Application for United States
Residency Certification.
OMB Number: 1545–0045.
Form Number: Form 976.
Abstract: Form 976 is filed by
corporations that wish to claim a
deficiency dividend deduction. The
deduction allows the corporation to use
the payment of dividends to reduce
taxes imposed after the tax return is
filed. The IRS uses Form 976 to
determine if shareholders have included
the dividend amounts in gross income.
Current Actions: There are no changes
being made to the form at this time.
PO 00000
Frm 00112
Fmt 4703
Sfmt 4703
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
94,717.
Estimated Time Per Respondent: 4
hours, 9 minutes.
Estimated Total Annual Burden
Hours: 392,971.
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: November 7, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–19416 Filed 11–16–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[(LR–58–83)]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
E:\FR\FM\17NON1.SGM
17NON1
Federal Register / Vol. 71, No. 222 / Friday, November 17, 2006 / Notices
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, LR–58–83 (T.D.
7959), Related Group Election With
Respect to Qualified Investments in
Foreign Base Company Shipping
Operations (§§ 1.955A–2, and 1.955A–
3).
Written comments should be
received on or before January 16, 2007
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:
jlentini on PROD1PC65 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Related Group Election With
Respect to Qualified Investments in
Foreign Base Company Shipping
Operations.
OMB Number: 1545–0755.
Regulation Project Number: LR–58–
83.
Abstract: This regulation concerns the
election made by a related group of
controlled foreign corporations to
determine foreign base company
shipping income and qualified
investments in foreign base company
shipping operations on a related group
basis. The information required is
necessary to assure that the U.S.
shareholder correctly reports any
shipping income of its controlled
foreign corporations which is taxable to
the shareholder.
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:
100.
Estimated Time Per Respondent: 2
hours, 3 minutes.
Estimated Total Annual Burden
Hours: 205
VerDate Aug<31>2005
16:31 Nov 16, 2006
Jkt 211001
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
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: November 7, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6–19417 Filed 11–16–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 2758
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
PO 00000
Frm 00113
Fmt 4703
Sfmt 4703
67019
soliciting comments concerning Form
2758, Application for Extension of Time
To File Certain Excise, Income, and
Other Returns.
DATES: Written comments should be
received on or before January 16, 2007
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: Application for Extension of
Time to File Certain Excise, Income,
Information, and Other Returns.
OMB Number: 1545–0148.
Form Number: Form 2758.
Abstract: Internal Revenue Code
section 6081 allows a reasonable
extension of time for filing any return,
declaration, statement, or other
document. Form 2758 is used by
fiduciaries, trustees, and certain other
organizations to request an extension of
time to file their returns. The
information is used to determine
whether the extension should be
granted.
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 not-for-profit
institutions.
Estimated Number of Respondents:
94,717.
Estimated Time Per Respondent: 4
hours, 9 minutes.
Estimated Total Annual Burden
Hours: 392,971.
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
E:\FR\FM\17NON1.SGM
17NON1
]]>Agencies
[Federal Register Volume 71, Number 222 (Friday, November 17, 2006)]
[Notices]
[Pages 67018-67019]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-19417]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[(LR-58-83)]
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
[[Page 67019]]
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, LR-58-83 (T.D. 7959), Related Group Election
With Respect to Qualified Investments in Foreign Base Company Shipping
Operations (Sec. Sec. 1.955A-2, and 1.955A-3).
DATES: Written comments should be received on or before January 16,
2007 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).
SUPPLEMENTARY INFORMATION:
Title: Related Group Election With Respect to Qualified Investments
in Foreign Base Company Shipping Operations.
OMB Number: 1545-0755.
Regulation Project Number: LR-58-83.
Abstract: This regulation concerns the election made by a related
group of controlled foreign corporations to determine foreign base
company shipping income and qualified investments in foreign base
company shipping operations on a related group basis. The information
required is necessary to assure that the U.S. shareholder correctly
reports any shipping income of its controlled foreign corporations
which is taxable to the shareholder.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 100.
Estimated Time Per Respondent: 2 hours, 3 minutes.
Estimated Total Annual Burden Hours: 205
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 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: November 7, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-19417 Filed 11-16-06; 8:45 am]
BILLING CODE 4830-01-P
