Submission for OMB Review; Comment Request, 26450-26452 [E7-8881]
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Federal Register / Vol. 72, No. 89 / Wednesday, May 9, 2007 / Notices
enforcement agencies of new vehicle
lines exempted from the parts-marking
requirements of the Theft Prevention
Standard.
If Mazda decides not to use the
exemption for this line, it must formally
notify the agency. If such a decision is
made, the line must be fully marked
according to the requirements under 49
CFR Parts 541.5 and 541.6 (marking of
major component parts and replacement
parts).
NHTSA notes that if Mazda wishes in
the future to modify the device on
which this exemption is based, the
company may have to submit a petition
to modify the exemption. Part 543.7(d)
states that a Part 543 exemption applies
only to vehicles that belong to a line
exempted under this part and equipped
with the anti-theft device on which the
line’s exemption is based. Further, Part
543.9(c)(2) provides for the submission
of petitions ‘‘to modify an exemption to
permit the use of an antitheft device
similar to but differing from the one
specified in that exemption.’’
The agency wishes to minimize the
administrative burden that Part
543.9(c)(2) could place on exempted
vehicle manufacturers and itself. The
agency did not intend in drafting Part
543 to require the submission of a
modification petition for every change
to the components or design of an
antitheft device. The significance of
many such changes could be de
minimis. Therefore, NHTSA suggests
that if the manufacturer contemplates
making any changes, the effects of
which might be characterized as de
minimis, it should consult the agency
before preparing and submitting a
petition to modify.
Authority: 49 U.S.C. 33106; delegation of
authority at 49 CFR 1.50.
Issued on: May 3, 2007.
Stephen R. Kratzke,
Associate Administrator for Rulemaking.
[FR Doc. E7–8861 Filed 5–8–07; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
sroberts on PROD1PC70 with NOTICES
May 3, 2007.
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
VerDate Aug<31>2005
18:12 May 08, 2007
Jkt 211001
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 June 8, 2007 to be
assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545–1226.
Type of Review: Extension.
Title: FI–59–89 (Final) Proceeds of
Bonds used for Reimbursement.
Description: The rule requires record
maintenance by a state or local
government or section 501(c)(3)
organization issuing tax-exempt bonds
(‘‘Issuer’’) to reimburse itself for
previously-paid expenses. This
recordkeeping will establish that the
issuer had an intent, when it paid an
expense, to later issue a reimbursement
bond.
Respondents: State, local, or tribal
governments.
Estimated Total Burden Hours: 6,000
hours.
OMB Number: 1545–1708.
Type of Review: Extension.
Title: Publication 1345, Handbook for
Authorized IRS e-file Providers.
Description: Publication 1345 informs
those who participate in the IRS e-file
Program for Individual Income Tax
Returns of their obligations to the
Internal Revenue Service, taxpayers,
and other participants.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
3,636,463 hours.
OMB Number: 1545–1734.
Type of Review: Extension.
Title: Terminal Operator Report.
Form: 720–TO.
Description: Representatives of the
motor fuel industry, state governments,
and the Federal government are working
to ensure compliance with excise taxes
on motor fuels. This joint effort has
resulted in a system to track the
movement of all products to and from
terminals. Form 720–TO is an
information return that will be used by
terminal operators to report their
monthly receipts and disbursements of
products.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
2,347,020 hours.
OMB Number: 1545–1296.
Type of Review: Extension.
Title: PS–27–91 (Final) Procedural
Rules for Excise Taxes Currently
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Reportable on Form 720, PS–8–95
(Final) Deposits of Excise Taxes.
Description: Section 6302(c)
authorizes the use of Government
depositaries. These regulations provide
reporting and recordkeeping rules
relating to the use of Government
depositaries for taxes imposed by
chapter 33 of the Code.
Respondents: Business and other forprofit institutions.
Estimated Total Burden Hours:
242,350 hours.
OMB Number: 1545–1850.
Type of Review: Extension.
Title: REG–105885–99 (Final),
Compensation Deferred Under Eligible
Deferred Compensation Plans.
Description: REG–105885–99
provides guidance regarding the trust
requirements for certain eligible
deferred compensation plans enacted in
the Small Business Job Protection Act of
1996.
Respondents: State, Local, and Tribal
Governments.
Estimated Total Burden Hours: 10,600
hours.
OMB Number: 1545–1461.
Type of Review: Extension.
Title: INTL–24–94 (Final) Taxpayer
Identifying Numbers (TINs).
Description: This regulation relates to
requirements for furnishing a taxpayer
identifying number on returns,
statements, or other documents.
Procedures are provided for requesting
a taxpayer identifying number for
certain alien individuals for whom a
social security number is not available.
The regulation also requires foreign
persons to furnish a taxpayer identifying
number on their tax returns.
Respondents: Individuals or
households.
Estimated Total Burden Hours: 1
hours.
OMB Number: 1545–1117.
Type of Review: Extension.
Title: Notice 89–61, Imported
Substances; Rules for Filing a Petition.
Description: The notice sets forth
procedures to be followed in petitioning
the Secretary to modify the list of
taxable substances in section 4672(a)(3).
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 100
hours.
OMB Number: 1545–0041.
Type of Review: Extension.
Title: Corporation Dissolution or
Liquidation.
Form: 966.
Description: Form 966 is filed by a
corporation whose shareholders have
agreed to liquidate the corporation. As
a result of the liquidation, the
E:\FR\FM\09MYN1.SGM
09MYN1
sroberts on PROD1PC70 with NOTICES
Federal Register / Vol. 72, No. 89 / Wednesday, May 9, 2007 / Notices
shareholders receive the property of the
corporation in exchange for their stock.
The IRS uses Form 966 to determine if
the liquidation election was properly
made and if any taxes are due on the
transfers of property.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
159,120 hours.
OMB Number: 1545–1595.
Type of Review: Extension.
Title: Revenue Procedure 98–25,
Automatic Data Processing.
Description: Processing System (ADP).
If machine-sensible records are lost,
stolen, destroyed, or materially
inaccurate, the Rev. Proc. requires that
a taxpayer promptly notify its District
Director and submit a plan to replace
the affected records. The District
Director will notify the taxpayer of any
objection(s) to the taxpayer’s plan.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
120,000 hours.
OMB Number: 1545–2040.
Type of Review: Extension.
Title: Revenue Procedure Granting
Automatic Consent to change certain
elections relating to the apportionment
of interest expense and research and
experimental expenditures.
Description: This revenue procedure
provides the administrative procedure
under which a taxpayer may obtain
automatic consent to change (a) from the
fair market value method under § 1.861–
8T(c)(2) or from the alternative tax book
value method under § 1.861–9(i)(1) to
apportion interest expense or (b) from
the sales method or the optional gross
income methods under § 1.861–17(c)
and (d) to apportion research and
experimental expenditures. The
reporting and recordkeeping
requirements imposed by this revenue
procedure will enable the IRS to
identify eligibility to use the procedure
and the years for which the new method
or methods is being adopted.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 100
hours.
OMB Number: 1545–0908.
Type of Review: Revision.
Title: Form 8282, Donee Information
Return (Sale, Exchange or Other
Disposition of Donated Property); Form
8283, Noncash Charitable Contributions.
Form: 8282, 8283.
Description: Internal Revenue Code
section 170(a)(1) and regulation section
1.170A–13(c) require donors of property
valued over $5,000 to file certain
information with their tax return in
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18:12 May 08, 2007
Jkt 211001
order to receive the charitable
contribution deduction. Form 8283 is
used to report the required information.
Code section 6050L requires donee
organizations to file an information
return with the IRS if they dispose of
the property received within two years.
Form 8282 is used for this purpose.
Respondents: Individuals or
households.
Estimated Total Burden Hours:
7,805,692 hours.
OMB Number: 1545–1733.
Type of Review: Extension.
Title: Carrier Summary Report.
Form: 720–CS.
Description: Representatives of the
motor fuel industry, state governments,
and the Federal government are working
to ensure compliance with excise taxes
on motor fuels. This joint effort has
resulted in a system to track the
movement of all products to and from
terminals. Form 720–CS is an
information return that will be used by
carriers to report their monthly
deliveries and receipts of products to
and from terminals.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
183,027 hours.
OMB Number: 1545–0704.
Type of Review: Revision.
Title: Information Return of U.S.
Persons with Respect To Certain Foreign
Corporations.
Form: 5471.
Description: Form 5471 and related
schedules are used by U.S. persons that
have an interest in a foreign corporation.
The form is used to report income from
the foreign corporation. The form and
schedules are used to satisfy the
reporting requirements of sections 6035,
6038 and 6046 and the regulations
thereunder pertaining to the
involvement of U.S. persons with
certain foreign corporations.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
4,045,343 hours.
OMB Number: 1545–1736.
Type of Review: Extension.
Title: Revenue Procedure 2001–24,
Advanced Insurance Commissions.
Description: Insurance companies that
want to obtain automatic consent to
change their method of accounting for
cash advances that qualify as loans to
their agents must attach a statement to
their federal income tax return.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours: 1,318
hours.
OMB Number: 1545–1872.
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Frm 00119
Fmt 4703
Sfmt 4703
26451
Type of Review: Extension.
Title: Request for Transcript of Tax
Return.
Form: 4506–T.
Description: 26 U.S.C. 7513 allows for
taxpayers to request a copy of a tax
return or return information. Form
4506–T is used by a taxpayer to request
a copy of a Federal Tax information,
other than a return. The information
provided will be used to search the
taxpayer’s account and provide the
requested information; and to ensure
that the requester is the taxpayer or
someone authorized by the taxpayer.
Respondents: Individuals or
households.
Estimated Total Burden Hours:
555,600 hours.
OMB Number: 1545–1578.
Type of Review: Extension.
Title: REG–106542–98 (Final),
Election to Treat Trust as Part of an
Estate.
Description: REG–106542–98 and
Rev. Proc. 98–13 relate to an election to
have certain revocable trusts treated and
taxed as part of an estate, and provides
the procedures and requirements for
making the section 645 election.
Respondents: Individuals or
households.
Estimated Total Burden Hours: 5,000
hour.
OMB Number: 1545–1577.
Type of Review: Extension.
Title: REG–109704–97 (NPRM)
HIPAA Mental Health Parity Act;
(Temporary) Interim Rules for Mental
Health Parity.
Description: The regulations provide
guidance for group health plans with
mental health benefits about
requirements relating to parity in the
dollar limits imposed on mental health
benefits and medical/surgical benefits.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 3,280
hours.
OMB Number: 1545–1873.
Type of Review: Extension.
Title: Revenue Procedure 2004–15,
Waivers of Minimum Funding
Standards.
Description: This revenue procedure
describes the process for obtaining a
waiver from the minimum funding
standards set forth in section 412 of the
Code.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 4,730
hours.
OMB Number: 1545–2043.
Type of Review: Extension.
Title: Form 8879–B, IRS e-file
Signature Authorization for Form 1065–
B.
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Federal Register / Vol. 72, No. 89 / Wednesday, May 9, 2007 / Notices
Form: 8879–B.
Description: Tax year 2006 is the first
year that filers of Form 1065–B (electing
large partnerships) can file
electronically. Form 8879–B is used
when a personal identification number
(PIN) will be used to electronically sign
the electronic tax return, and, if
applicable, consent to an electronic
funds withdrawal.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 258
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. E7–8881 Filed 5–8–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
Department of Veterans Affairs.
Notice.
AGENCY:
sroberts on PROD1PC70 with NOTICES
SUMMARY: Notice is hereby given that
the Department of Veterans Affairs (VA),
recipient agency, intends to continue a
recurring computer-matching program
with the Social Security Administration
(SSA), source agency.
The goal of this match is to compare
income and employment status as
reported to VA with wage records
maintained by SSA. The proposed
matching program will enable VA to
ensure accurate reporting of income and
employment status. VA will use this
information to adjust VA benefit
payments as prescribed by law.
DATES: VA will file a report of the
subject matching agreement with the
Senate Committee on Homeland
Security and Governmental Affairs; the
House Committee on Oversight and
Government Reform; and the Office of
Information and Regulatory Affairs,
Office of Management and Budget
(OMB). The matching program will be
effective as indicated in this notice.
ADDRESSES: Written comments may be
submitted through
www.Regulations.gov, by mail or handdelivery to Director, Regulations
Management (00REG1), Department of
VerDate Aug<31>2005
18:12 May 08, 2007
Jkt 211001
This
information is required by title 5 U.S.C.
subsection 552a(e)(12), the Privacy Act
of 1974. SSA and VA have determined
that a computer matching agreement is
the most cost effective and efficient way
to verify statements of beneficiaries. By
comparing the information received
through the matching program between
SSA and VA on an annual basis, VA
will be able to make timely and more
accurate adjustments in the benefits
payable.
SUPPLEMENTARY INFORMATION:
A. Participating Agencies
Privacy Act of 1974; Report of
Matching Program
ACTION:
Veterans Affairs, 810 Vermont Avenue,
NW, Room 1068, Washington, DC
20420; fax to (202) 273–9026. Copies of
comments received will be available for
public inspection in the Office of
Regulation Policy and Management,
Room 1063B, between the hours of 8
a.m., and 4:30 p.m., Monday through
Friday (except holidays). Please call
(202) 273–9515 for an appointment. In
addition, during the comment period,
comments may be viewed online
through the Federal Docket Management
System (FDMS).
FOR FURTHER INFORMATION CONTACT:
Pamela Liverman (212C), (202) 273–
7280.
This is a computer matching
agreement between the Social Security
Administration, source agency, and the
Department of Veterans Affairs,
recipient agency.
B. Purpose of the Match
The purpose of the matching
agreement is to provide VA with data
from income tax return information
disclosed to SSA, to include its wage
and self-employment income records.
VA will use this information to adjust
VA benefit payments as prescribed by
law.
C. Authority for Conducting the
Matching Program
The authority to conduct this match is
38 U.S.C. 5106, which requires Federal
agencies to furnish VA with information
necessary to determine eligibility for or
amount of benefits. In addition, 26
U.S.C. 6103(l)(7) authorizes the
disclosure of tax return information to
VA.
D. Records To Be Matched
VA records involved in the match are
the VA system of records,
Compensation, Pension, Education and
Rehabilitation Records—VA (58 VA 21/
22), first published at 41 FR 9294
(March 3, 1976), and last amended at 70
FR 34186 (June 13, 2005), with other
amendments as cited therein. VA’s
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Fmt 4703
Sfmt 4703
routine use for this match is routine use
number 46.
The SSA records will come from the
Earnings Recording and SelfEmployment Income System, SSA/OSR,
60–0059. Routine use 26 permits SSA to
disclose the pertinent information to
VA.
E. Description of Computer Matching
Program
VA plans to match records of
veterans, surviving spouses and
children who receive pension, and
parents who receive dependency and
indemnity compensation, with SSA
income tax return information as it
relates to earned income. VA will also
match records of veterans receiving
disability compensation at the 100
percent rate based on unemployability
with SSA income tax return information
as it relates to earned income.
VA will furnish an electronic file,
which contains the social security
number (SSN), name, VA claim number,
and date of birth for each individual for
whom tax return information is being
requested. SSA will verify the SSNs
furnished by using the Enumeration
Verification System. SSA will provide a
response for each individual identified
by either indicating why the SSN could
not be verified, or including earnings
data for each record verified.
F. Inclusive Dates of the Matching
Program
The match will start no sooner than
30 days after publication of this Notice
in the Federal Register, or 40 days after
copies of this Notice and the agreement
of the parties is submitted to Congress
and the Office of Management and
Budget, whichever is later, and end not
more than 18 months after the
agreement is properly implemented by
the parties. The involved agencies’ Data
Integrity Boards (DIB) may extend this
match for 12 months provided the
agencies certify to their DIBs, within
three months of the ending date of the
original match, that the matching
program will be conducted without
change and that the matching program
has been conducted in compliance with
the original matching program.
This computer-matching program is
subject to public comment and review
by Congress and the Office of
Management and Budget. In accordance
with title 5 U.S.C. subsection 552a(o)(2)
and (r), copies of the agreement are
being sent to both Houses of Congress
and to the Office of Management and
Budget.
This notice is provided in accordance
with the provisions of the Privacy Act
E:\FR\FM\09MYN1.SGM
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]]>Agencies
[Federal Register Volume 72, Number 89 (Wednesday, May 9, 2007)]
[Notices]
[Pages 26450-26452]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-8881]
=======================================================================
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
May 3, 2007.
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 June 8,
2007 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1226.
Type of Review: Extension.
Title: FI-59-89 (Final) Proceeds of Bonds used for Reimbursement.
Description: The rule requires record maintenance by a state or
local government or section 501(c)(3) organization issuing tax-exempt
bonds (``Issuer'') to reimburse itself for previously-paid expenses.
This recordkeeping will establish that the issuer had an intent, when
it paid an expense, to later issue a reimbursement bond.
Respondents: State, local, or tribal governments.
Estimated Total Burden Hours: 6,000 hours.
OMB Number: 1545-1708.
Type of Review: Extension.
Title: Publication 1345, Handbook for Authorized IRS e-file
Providers.
Description: Publication 1345 informs those who participate in the
IRS e-file Program for Individual Income Tax Returns of their
obligations to the Internal Revenue Service, taxpayers, and other
participants.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 3,636,463 hours.
OMB Number: 1545-1734.
Type of Review: Extension.
Title: Terminal Operator Report.
Form: 720-TO.
Description: Representatives of the motor fuel industry, state
governments, and the Federal government are working to ensure
compliance with excise taxes on motor fuels. This joint effort has
resulted in a system to track the movement of all products to and from
terminals. Form 720-TO is an information return that will be used by
terminal operators to report their monthly receipts and disbursements
of products.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 2,347,020 hours.
OMB Number: 1545-1296.
Type of Review: Extension.
Title: PS-27-91 (Final) Procedural Rules for Excise Taxes Currently
Reportable on Form 720, PS-8-95 (Final) Deposits of Excise Taxes.
Description: Section 6302(c) authorizes the use of Government
depositaries. These regulations provide reporting and recordkeeping
rules relating to the use of Government depositaries for taxes imposed
by chapter 33 of the Code.
Respondents: Business and other for-profit institutions.
Estimated Total Burden Hours: 242,350 hours.
OMB Number: 1545-1850.
Type of Review: Extension.
Title: REG-105885-99 (Final), Compensation Deferred Under Eligible
Deferred Compensation Plans.
Description: REG-105885-99 provides guidance regarding the trust
requirements for certain eligible deferred compensation plans enacted
in the Small Business Job Protection Act of 1996.
Respondents: State, Local, and Tribal Governments.
Estimated Total Burden Hours: 10,600 hours.
OMB Number: 1545-1461.
Type of Review: Extension.
Title: INTL-24-94 (Final) Taxpayer Identifying Numbers (TINs).
Description: This regulation relates to requirements for furnishing
a taxpayer identifying number on returns, statements, or other
documents. Procedures are provided for requesting a taxpayer
identifying number for certain alien individuals for whom a social
security number is not available. The regulation also requires foreign
persons to furnish a taxpayer identifying number on their tax returns.
Respondents: Individuals or households.
Estimated Total Burden Hours: 1 hours.
OMB Number: 1545-1117.
Type of Review: Extension.
Title: Notice 89-61, Imported Substances; Rules for Filing a
Petition.
Description: The notice sets forth procedures to be followed in
petitioning the Secretary to modify the list of taxable substances in
section 4672(a)(3).
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 100 hours.
OMB Number: 1545-0041.
Type of Review: Extension.
Title: Corporation Dissolution or Liquidation.
Form: 966.
Description: Form 966 is filed by a corporation whose shareholders
have agreed to liquidate the corporation. As a result of the
liquidation, the
[[Page 26451]]
shareholders receive the property of the corporation in exchange for
their stock. The IRS uses Form 966 to determine if the liquidation
election was properly made and if any taxes are due on the transfers of
property.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 159,120 hours.
OMB Number: 1545-1595.
Type of Review: Extension.
Title: Revenue Procedure 98-25, Automatic Data Processing.
Description: Processing System (ADP). If machine-sensible records
are lost, stolen, destroyed, or materially inaccurate, the Rev. Proc.
requires that a taxpayer promptly notify its District Director and
submit a plan to replace the affected records. The District Director
will notify the taxpayer of any objection(s) to the taxpayer's plan.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 120,000 hours.
OMB Number: 1545-2040.
Type of Review: Extension.
Title: Revenue Procedure Granting Automatic Consent to change
certain elections relating to the apportionment of interest expense and
research and experimental expenditures.
Description: This revenue procedure provides the administrative
procedure under which a taxpayer may obtain automatic consent to change
(a) from the fair market value method under Sec. 1.861-8T(c)(2) or
from the alternative tax book value method under Sec. 1.861-9(i)(1) to
apportion interest expense or (b) from the sales method or the optional
gross income methods under Sec. 1.861-17(c) and (d) to apportion
research and experimental expenditures. The reporting and recordkeeping
requirements imposed by this revenue procedure will enable the IRS to
identify eligibility to use the procedure and the years for which the
new method or methods is being adopted.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 100 hours.
OMB Number: 1545-0908.
Type of Review: Revision.
Title: Form 8282, Donee Information Return (Sale, Exchange or Other
Disposition of Donated Property); Form 8283, Noncash Charitable
Contributions.
Form: 8282, 8283.
Description: Internal Revenue Code section 170(a)(1) and regulation
section 1.170A-13(c) require donors of property valued over $5,000 to
file certain information with their tax return in order to receive the
charitable contribution deduction. Form 8283 is used to report the
required information. Code section 6050L requires donee organizations
to file an information return with the IRS if they dispose of the
property received within two years. Form 8282 is used for this purpose.
Respondents: Individuals or households.
Estimated Total Burden Hours: 7,805,692 hours.
OMB Number: 1545-1733.
Type of Review: Extension.
Title: Carrier Summary Report.
Form: 720-CS.
Description: Representatives of the motor fuel industry, state
governments, and the Federal government are working to ensure
compliance with excise taxes on motor fuels. This joint effort has
resulted in a system to track the movement of all products to and from
terminals. Form 720-CS is an information return that will be used by
carriers to report their monthly deliveries and receipts of products to
and from terminals.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 183,027 hours.
OMB Number: 1545-0704.
Type of Review: Revision.
Title: Information Return of U.S. Persons with Respect To Certain
Foreign Corporations.
Form: 5471.
Description: Form 5471 and related schedules are used by U.S.
persons that have an interest in a foreign corporation. The form is
used to report income from the foreign corporation. The form and
schedules are used to satisfy the reporting requirements of sections
6035, 6038 and 6046 and the regulations thereunder pertaining to the
involvement of U.S. persons with certain foreign corporations.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 4,045,343 hours.
OMB Number: 1545-1736.
Type of Review: Extension.
Title: Revenue Procedure 2001-24, Advanced Insurance Commissions.
Description: Insurance companies that want to obtain automatic
consent to change their method of accounting for cash advances that
qualify as loans to their agents must attach a statement to their
federal income tax return.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 1,318 hours.
OMB Number: 1545-1872.
Type of Review: Extension.
Title: Request for Transcript of Tax Return.
Form: 4506-T.
Description: 26 U.S.C. 7513 allows for taxpayers to request a copy
of a tax return or return information. Form 4506-T is used by a
taxpayer to request a copy of a Federal Tax information, other than a
return. The information provided will be used to search the taxpayer's
account and provide the requested information; and to ensure that the
requester is the taxpayer or someone authorized by the taxpayer.
Respondents: Individuals or households.
Estimated Total Burden Hours: 555,600 hours.
OMB Number: 1545-1578.
Type of Review: Extension.
Title: REG-106542-98 (Final), Election to Treat Trust as Part of an
Estate.
Description: REG-106542-98 and Rev. Proc. 98-13 relate to an
election to have certain revocable trusts treated and taxed as part of
an estate, and provides the procedures and requirements for making the
section 645 election.
Respondents: Individuals or households.
Estimated Total Burden Hours: 5,000 hour.
OMB Number: 1545-1577.
Type of Review: Extension.
Title: REG-109704-97 (NPRM) HIPAA Mental Health Parity Act;
(Temporary) Interim Rules for Mental Health Parity.
Description: The regulations provide guidance for group health
plans with mental health benefits about requirements relating to parity
in the dollar limits imposed on mental health benefits and medical/
surgical benefits.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 3,280 hours.
OMB Number: 1545-1873.
Type of Review: Extension.
Title: Revenue Procedure 2004-15, Waivers of Minimum Funding
Standards.
Description: This revenue procedure describes the process for
obtaining a waiver from the minimum funding standards set forth in
section 412 of the Code.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 4,730 hours.
OMB Number: 1545-2043.
Type of Review: Extension.
Title: Form 8879-B, IRS e-file Signature Authorization for Form
1065-B.
[[Page 26452]]
Form: 8879-B.
Description: Tax year 2006 is the first year that filers of Form
1065-B (electing large partnerships) can file electronically. Form
8879-B is used when a personal identification number (PIN) will be used
to electronically sign the electronic tax return, and, if applicable,
consent to an electronic funds withdrawal.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 258 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. E7-8881 Filed 5-8-07; 8:45 am]
BILLING CODE 4830-01-P
