Proposed Collection; Comment Request for Notice 89-102, 26686-26687 [E7-8921]

Download as PDF 26686 Federal Register / Vol. 72, No. 90 / Thursday, May 10, 2007 / Notices pwalker on PROD1PC71 with NOTICES Abstract: Internal Revenue Code sections 4681 and 4682 impose a tax on ozone-depleting chemicals (ODCs) and on imported products containing ODCs. Form 6627 is used to compute the environmental tax on ODCs and on imported products that use ODCs as materials in the manufacture or production of the product. It is also used to compute the floor stocks tax on ODCs. 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 individuals. Estimated Number of Respondents: 2,894. Estimated Time per Respondent: 2 hours; 25 minutes. Estimated Total Annual Burden Hours: 6,971. 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: May 2, 2007. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E7–8919 Filed 5–9–07; 8:45 am] BILLING CODE 4830–01–P VerDate Aug<31>2005 15:04 May 09, 2007 Jkt 211001 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 2004– 35 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 Revenue Procedure 2004–35, Late Spousal S Corp Consents in Community Property States. DATES: Written comments should be received on or before July 9, 2007 to be assured of consideration. 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. 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 revenue procedure 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. Approved: May 2, 2007. Glenn P. Kirkland, IRS Reports Clearance Officer. [FR Doc. E7–8920 Filed 5–9–07; 8:45 am] SUPPLEMENTARY INFORMATION: BILLING CODE 4830–01–P ADDRESSES: Title: Late Spousal S Corp Consents in Community Property States. OMB Number: 1545–1886. Revenue Procedure Number: Revenue Procedure 2004–35. Abstract: Revenue Procedure 2004–35 allows for the filing of certain late shareholder consents to be an S Corporation with the IRS Service Center. Current Actions: There are no changes being made to the revenue procedure 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 Annual Average Time per Respondent: 1 hour. Estimated Total Annual Hours: 500. PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Notice 89–102 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. E:\FR\FM\10MYN1.SGM 10MYN1 26687 Federal Register / Vol. 72, No. 90 / Thursday, May 10, 2007 / Notices 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Notice 89–102, Treatment of Acquisition of Certain Financial Institutions; Tax Consequences of Federal Financial Assistance. Written comments should be received on or before July 9, 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: pwalker on PROD1PC71 with NOTICES SUPPLEMENTARY INFORMATION: Title: Treatment of Acquisition of Certain Financial Institutions; Tax Consequences of Federal Financial Assistance. OMB Number: 1545–1141. Notice Number: Notice 89–102. Abstract: Section 597 of the Internal Revenue Code provides that the Secretary of the Treasury shall provide guidance concerning the tax consequences of Federal financial assistance received by certain financial institutions. Notice 89–102 provides that qualifying financial institutions that receive Federal financial assistance prior to a planned sale of their assets or their stock to another institution may elect to defer payment of any net tax liability attributable to the assistance. Such financial institutions must file a statement describing the assistance received, the date of receipt and any amounts deferred. Current Actions: There are no changes to this notice at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 250. Estimated Average Time per Respondent: 30 minutes. Estimated Total Annual Burden Hours: 125. 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 VerDate Aug<31>2005 16:40 May 09, 2007 Jkt 211001 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: May 1, 2007. Glenn Kirkland, IRS Reports Clearance Officer. [FR Doc. E7–8921 Filed 5–9–07; 8:45 am] BILLING CODE 4830–01–P 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. 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 March 31, 2007. Middle name/ initials Last name First name Hansen ......... MerswolkeFay. O’Brien II ...... Kvaal ............ Yiu ................ Karen ........... Leslye .......... Fargh Andrew ......... Leif ............... Joseph ......... Gordon S. Christian Tin-Chong PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 Last name First name Lau ............... Booth ............ Youn ............. Chen ............. Ho ................. Hsu ............... MacDonald ... Boccaccio ..... Suen ............. Au ................. Stuart ............ Tien .............. Thompson .... Maresh ......... Yeung ........... Yeung ........... Tsui .............. Wu ................ Huston .......... Al-Refai ........ Bustin ........... Sung ............. Palladino Sandstro. Parvin-Boulle Ognjanovich Perry ............. Hirsch ........... Fraser ........... Banks ........... Huebner ....... Sarasin ......... StuesserSimpson. Tavolato ....... Cheng ........... Ruane ........... Chan ............. Bahremand ... Penman ........ Bucchieri ...... Peake ........... Law ............... Lam .............. Burnley ......... KennedyFagin. Racine .......... Stevens ........ Lee ............... Akhavan ....... Leksas .......... Ying .............. Endelman ..... Conner ......... Dambrosio .... Kendzior ....... Chiu .............. Ellis ............... Penman ........ Meling ........... Rasmussen .. Fidanque De Herrera. Fedanque De Orillac. Mak .............. Aitken ........... Joseph ......... Patricia ......... Kenny ........... Annie ............ Laura ............ Joyce ........... William ......... John ............. David ............ Jason ........... Samantha .... Calvin ........... Tanja ............ Lothar ........... Cecilia .......... Solomon ....... Kwok ............ Nancy ........... Richard ........ Majid ............ Andrew ......... Chiang ......... Christine ....... Lau ............... Petersen ....... Soo ............... David ............ Jo-Ann ......... Charmain ..... E:\FR\FM\10MYN1.SGM 10MYN1 Nathalie ........ Frances ........ Lloyd ............ Steven .......... Lucy ............. Alistair .......... Annelese ...... Esme ............ Annette ........ Paolo ............ David ............ John ............. Sum ............. Ramin .......... Jeffrey .......... John ............. Russell ......... Ka ................ Edward ......... Roger ........... Gail .............. Middle name/ initials Si-Sing Wood AY M I-Yin Russell Pierre Toi Wai O Thomas Werner Dip Yee To Ling Fung D Bing Yun John Badir Joseph M A Maria C Richard Glover Forester Desiree Allessandro Mui-Wen P Chu Lee D Paul V Lok Sung-Lai Leon Helene ......... Andrew ......... Kevin ............ Majid ............ Janne ........... Claudine ....... Martin ........... Charles ........ Claudia ......... Peter ............ Shirley .......... Anja .............. Anne ............ Marian .......... Joyce ........... Emma .......... Lai Ling Alexandra V Cronin Carol Marissa Myra ............. V Kai-Kwong ... Adam ........... Lawrence George Freeric David Carlim Reza Helen Lauren Phillip M Sau Moy

Agencies

[Federal Register Volume 72, Number 90 (Thursday, May 10, 2007)]
[Notices]
[Pages 26686-26687]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-8921]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Notice 89-102

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.

[[Page 26687]]

3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
Notice 89-102, Treatment of Acquisition of Certain Financial 
Institutions; Tax Consequences of Federal Financial Assistance.

DATES: Written comments should be received on or before July 9, 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: Treatment of Acquisition of Certain Financial Institutions; 
Tax Consequences of Federal Financial Assistance.
    OMB Number: 1545-1141.
    Notice Number: Notice 89-102.
    Abstract: Section 597 of the Internal Revenue Code provides that 
the Secretary of the Treasury shall provide guidance concerning the tax 
consequences of Federal financial assistance received by certain 
financial institutions. Notice 89-102 provides that qualifying 
financial institutions that receive Federal financial assistance prior 
to a planned sale of their assets or their stock to another institution 
may elect to defer payment of any net tax liability attributable to the 
assistance. Such financial institutions must file a statement 
describing the assistance received, the date of receipt and any amounts 
deferred.
    Current Actions: There are no changes to this notice at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 250.
    Estimated Average Time per Respondent: 30 minutes.
    Estimated Total Annual Burden Hours: 125.
    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: May 1, 2007.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7-8921 Filed 5-9-07; 8:45 am]
BILLING CODE 4830-01-P
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