Proposed Collection; Comment Request for Form 5330, 11937 [E7-4610]
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Federal Register / Vol. 72, No. 49 / Wednesday, March 14, 2007 / Notices
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: March 5, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–4605 Filed 3–13–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5330
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
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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
5330, Return of Excise Taxes Related to
Employee Benefit Plans.
DATES: Written comments should be
received on or before May 14, 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 Carolyn N. Brown
at Internal Revenue Service, room 6516,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
6688, or through the Internet at
(Carolyn.N.Brown@irs.gov).
SUPPLEMENTARY INFORMATION:
Title: Return of Excise Taxes Related
to Employee Benefit Plans.
VerDate Aug<31>2005
15:03 Mar 13, 2007
Jkt 211001
OMB Number: 1545–0575.
Form Number: Form 5330.
Abstract: Internal Revenue Code
sections 4971, 4972, 4973(a), 4975,
4976, 4977, 4978, 4978A, 4978B, 4979,
4979A, and 4980 impose various excise
taxes in connection with employee
benefit plans. Form 5330 is used to
compute and collect these taxes. The
IRS uses the information on the form to
verify that the proper amount of tax has
been reported.
Current Actions: Major changes were
made to the form and instructions to
better serve the taxpayers. These
changes resulted in an increase in
burden hours.
Type of Review: Revision of a
currently approved collection.
Affected Pubic: Individuals and
business or other for-profit
organizations.
Estimated Number of Respondents:
8,403.
Estimated Time per Respondent: 56
hours, 55 minutes.
Estimated Total Annual Burden
Hours: 478,215.
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.
PO 00000
Frm 00115
Fmt 4703
Sfmt 4703
11937
Approved: March 2, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–4610 Filed 3–13–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 2032
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, Pub.
L. 104–13 (44 U.S.C. 3506(c)(2)(A)).
Currently, the IRS is soliciting
comments concerning Form 2032,
Contract Coverage Under Title II of the
Social Security Act.
DATES: Written comments should be
received on or before May 14, 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 Carolyn N. Brown
at Internal Revenue Service, room 6516,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622–
6688, or through the Internet at
(Carolyn.N.Brown@irs.gov).
SUPPLEMENTARY INFORMATION:
Title: Contract Coverage Under Title II
of the Social Security Act.
OMB Number: 1545–0137.
Form Number: 2032.
Abstract: Citizens and resident aliens
employed abroad by foreign affiliates of
American employers are exempt from
social security taxes. Under Internal
Revenue Code section 3121(1),
American employers may file an
agreement to waive this exemption and
obtain social security coverage for U.S.
citizens and resident aliens employed
abroad by their foreign affiliates. Form
2032 is used for this purpose.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
E:\FR\FM\14MRN1.SGM
14MRN1
]]>Agencies
[Federal Register Volume 72, Number 49 (Wednesday, March 14, 2007)]
[Notices]
[Page 11937]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-4610]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 5330
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 5330, Return of Excise Taxes Related to Employee Benefit Plans.
DATES: Written comments should be received on or before May 14, 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 Carolyn N.
Brown at Internal Revenue Service, room 6516, 1111 Constitution Avenue,
NW., Washington, DC 20224, or at (202) 622-6688, or through the
Internet at (Carolyn.N.Brown@irs.gov).
SUPPLEMENTARY INFORMATION:
Title: Return of Excise Taxes Related to Employee Benefit Plans.
OMB Number: 1545-0575.
Form Number: Form 5330.
Abstract: Internal Revenue Code sections 4971, 4972, 4973(a), 4975,
4976, 4977, 4978, 4978A, 4978B, 4979, 4979A, and 4980 impose various
excise taxes in connection with employee benefit plans. Form 5330 is
used to compute and collect these taxes. The IRS uses the information
on the form to verify that the proper amount of tax has been reported.
Current Actions: Major changes were made to the form and
instructions to better serve the taxpayers. These changes resulted in
an increase in burden hours.
Type of Review: Revision of a currently approved collection.
Affected Pubic: Individuals and business or other for-profit
organizations.
Estimated Number of Respondents: 8,403.
Estimated Time per Respondent: 56 hours, 55 minutes.
Estimated Total Annual Burden Hours: 478,215.
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: March 2, 2007.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7-4610 Filed 3-13-07; 8:45 am]
BILLING CODE 4830-01-P
