Proposed Collection; Comment Request for Form 973, 68900-68901 [E6-20092]

Download as PDF ycherry on PROD1PC61 with NOTICES 68900 Federal Register / Vol. 71, No. 228 / Tuesday, November 28, 2006 / Notices Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an existing final regulation, LR–100–78 (T.D. 7918), Creditability of Foreign Taxes (§§ 1.901–2 and 1.901–2A). DATES: Written comments should be received on or before January 29, 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 information collection should be directed to Allan Hopkins, at (202) 622–6665, or at Internal Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet, at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Creditability of Foreign Taxes. OMB Number: 1545–0746. Regulation Project Number: LR–100– 78. Abstract: Section 1.901–2A of the regulation contains special rules that apply to taxpayers engaging in business transactions with a foreign government that is also taxing them. In general, such taxpayers must establish what portion of a payment made pursuant to a foreign levy is actually tax and not compensation for an economic benefit received from the foreign government. One way a taxpayer can do this is by electing to apply the safe harbor formula of section 1,901–2A by filing a statement with the IRS. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, and business or other forprofit organizations. Estimated Number of Respondents: 110. Estimated Time Per Respondent: 20 minutes. Estimated Total Annual Burden Hours: 37. 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. VerDate Aug<31>2005 15:42 Nov 27, 2006 Jkt 211001 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 16, 2006. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E6–20090 Filed 11–27–06; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 973 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 973, Corporation Claim for Deduction for Consent Dividends. DATES: Written comments should be received on or before January 29, 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 Allan Hopkins, at PO 00000 Frm 00107 Fmt 4703 Sfmt 4703 (202) 622–6665, or at Internal Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet, at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Corporation Claim for Deduction for Consent Dividends. OMB Number: 1545–0044. Form Number: Form 973. Abstract: Corporations file Form 973 to claim a deduction for dividends paid. If shareholders consent and the IRS approves, the corporation may claim a deduction for dividends paid, which reduces the corporation’s tax liability. IRS uses Form 973 to determine if shareholders have included the dividend in gross income. 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: 500. Estimated Time Per Respondent: 4 hrs., 25 mins. Estimated Total Annual Burden Hours: 2,210. 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, E:\FR\FM\28NON1.SGM 28NON1 68901 Federal Register / Vol. 71, No. 228 / Tuesday, November 28, 2006 / Notices maintenance, and purchase of services to provide information. Approved: November 16, 2006. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E6–20092 Filed 11–27–06; 8:45 am] DEPARTMENT OF THE TREASURY Internal Revenue Service Quarterly Publication of Individuals, Who Have Chosen to Expatriate, as Required by Section 6039G Internal Revenue Service (IRS), Treasury. ACTION: Notice. BILLING CODE 4830–01–P AGENCY: SUMMARY: This notice is provided in accordance with IRC section 6039G, as amended, by the Health Insurance Portability and Accountability Act (HIPPA) of 1996. This listing contains the name of each individual losing United States citizenship (within the meaning of section 877(a)) with respect to whom the Secretary received information during the quarter ending June 30, 2005. FNAME PENNER ...................................................................... VAN-PANHUYS ........................................................... KOSEKI ........................................................................ BATES ......................................................................... ROWLAND ................................................................... VANDERWYST ............................................................ VANDERWYST ............................................................ LEONARD .................................................................... VINCI ............................................................................ GREENE ...................................................................... ROUHIAINEN ............................................................... CHUN ........................................................................... BISHOP ........................................................................ ROUHIAINEN ............................................................... TALAMANTES ............................................................. RUTLAND .................................................................... DANSET ....................................................................... DANSET ....................................................................... KO ................................................................................ RAHME ........................................................................ OHTSU ......................................................................... OHTSU ......................................................................... WEBER ........................................................................ MATHIEU ..................................................................... ycherry on PROD1PC61 with NOTICES LNAME KRISTEN ..................................................................... JAN .............................................................................. YUJI. JOHN ........................................................................... ANTONIA. MARK .......................................................................... ANITA .......................................................................... MARGARET ................................................................ CHRISTINE ................................................................. PAULA. PEKKA. JUNG SUN. ZILLAH. LIISA. GABRIEL ..................................................................... MONIKA. PAUL ........................................................................... SEIKO. PETER ........................................................................ DIANE ......................................................................... YOSHIKO. MASAKAZU. JOHANNES. ALEXIS. Colombo ....................................................................... Law ............................................................................... Grant ............................................................................ Neuenschwander ......................................................... Doomernick .................................................................. O’Leary ......................................................................... Westwood .................................................................... Williams ........................................................................ Rowland ....................................................................... Borkowsky .................................................................... Azario ........................................................................... Barker ........................................................................... Nam .............................................................................. Byun ............................................................................. Timms .......................................................................... Cha ............................................................................... Lalvani .......................................................................... Chow ............................................................................ Malmqvist ..................................................................... Malmqvist ..................................................................... Lundy ........................................................................... Bousba ......................................................................... Abel .............................................................................. Schmidlin ...................................................................... Ebi ................................................................................ Kim ............................................................................... Morison ........................................................................ Chammas ..................................................................... Utsumi .......................................................................... Szlenkier ...................................................................... Graetz .......................................................................... Graetz .......................................................................... Ling .............................................................................. Aubin ............................................................................ Meurice ........................................................................ Meurice ........................................................................ Philip ............................................................................ Marco. Samuel ........................................................................ Bridget. Anna ............................................................................ Marinus ........................................................................ Raymond ..................................................................... William ......................................................................... Keith ............................................................................ William ......................................................................... Roberto ........................................................................ Tandy .......................................................................... Duncan ........................................................................ Ki Yong. Keun Hae. Joann. Sang-gu. Dinesh. Lai Wah. Jan. Elsa. Antony. Hamid. Craig. Colette. Thomas. Soo Young-Nars. James. Emile. Taku. John. Connie. Galleon. Vincent ........................................................................ Paul. Eric. Marie. Rafael. VerDate Aug<31>2005 15:42 Nov 27, 2006 Jkt 211001 PO 00000 Frm 00108 Fmt 4703 Sfmt 4703 E:\FR\FM\28NON1.SGM MNAME ELIZABETH. E. RAPHAEL. WILLIAM. JOANNE. H. MARIETTA. B. J. P. J. M. S. Katharina. A. F. J. Robert. S. D. B. W. Shuiyum. 28NON1

Agencies

[Federal Register Volume 71, Number 228 (Tuesday, November 28, 2006)]
[Notices]
[Pages 68900-68901]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-20092]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 973

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 973, Corporation Claim for Deduction for Consent Dividends.

DATES: Written comments should be received on or before January 29, 
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 Allan 
Hopkins, at (202) 622-6665, or at Internal Revenue Service, room 6516, 
1111 Constitution Avenue, NW., Washington, DC 20224, or through the 
Internet, at Allan.M.Hopkins@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Corporation Claim for Deduction for Consent Dividends.
    OMB Number: 1545-0044.
    Form Number: Form 973.
    Abstract: Corporations file Form 973 to claim a deduction for 
dividends paid. If shareholders consent and the IRS approves, the 
corporation may claim a deduction for dividends paid, which reduces the 
corporation's tax liability. IRS uses Form 973 to determine if 
shareholders have included the dividend in gross income.
    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.
    Estimated Number of Respondents: 500.
    Estimated Time Per Respondent: 4 hrs., 25 mins.
    Estimated Total Annual Burden Hours: 2,210.
    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,

[[Page 68901]]

maintenance, and purchase of services to provide information.

    Approved: November 16, 2006.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E6-20092 Filed 11-27-06; 8:45 am]
BILLING CODE 4830-01-P
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