Proposed Collection; Comment Request for Form 8886-T, 44223-44224 [E7-15257]
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Federal Register / Vol. 72, No. 151 / Tuesday, August 7, 2007 / Notices
Estimated Total Annual Burden
Hours: 41.
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: July 23, 2007
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–15247 Filed 8–6–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[IA–33–92]
Proposed Collection: Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
jlentini on PROD1PC65 with NOTICES
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
VerDate Aug<31>2005
15:56 Aug 06, 2007
Jkt 211001
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, IA–33–92 (TD
8507), Information Reporting for
Reimbursements of Interest on Qualified
Mortgages (§ 1.6050H–2).
DATES: Written comments should be
received on or before October 9, 2007 to
be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulation should be
directed to Carolyn N. Brown, at (202)
622–6688, or at Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Information Reporting for
Reimbursements of Interest on Qualified
Mortgages.
OMB Number: 1545–1339.
Regulation Project Number: IA–33–
92.
Abstract: Section 6050H of the
Internal Revenue Code relates to the
information reporting requirements for
reimbursements of interest paid in
connection with a qualified mortgage.
This information is required by the
Internal Revenue Service to encourage
compliance with the tax laws relating to
the deductibility of payments of
mortgage interest. The information is
used to determine whether mortgage
interest reimbursements have been
correctly reported on the tax return of
the taxpayer who receives the
reimbursement.
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.
The burden for the collection of
information is reflected in the burden of
Form 1098, Mortgage Interest Statement.
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
PO 00000
Frm 00148
Fmt 4703
Sfmt 4703
44223
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: July 24, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–15256 Filed 8–6–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8886–T
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
8886–T, Disclosure by Tax-Exempt
Entity Regarding Prohibited Tax Shelter
Transaction.
DATES: Written comments should be
received on or before October 9, 2007 to
be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
E:\FR\FM\07AUN1.SGM
07AUN1
44224
Federal Register / Vol. 72, No. 151 / Tuesday, August 7, 2007 / Notices
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Carolyn N. Brown,
(202) 622–6688, at Internal Revenue
Service, room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the internet at
Carolyn.N.Brown@irs.gov
jlentini on PROD1PC65 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Disclosure by Tax-Exempt
Entity Regarding Prohibited Tax Shelter
Transaction.
OMB Number: 1545–2078.
Form Number: Form 8886–T.
Abstract: Certain tax-exempt entities
are required to file Form 8886–T to
disclose information for each prohibited
tax shelter transaction to which the
entity was a party.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations, State, Local or
Tribal Government.
Estimated Number of Respondents:
6,500.
Estimated Time per Respondent: 8
hours, 36 minutes.
Estimated Total Annual Burden
Hours: 55,900.
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
VerDate Aug<31>2005
15:56 Aug 06, 2007
Jkt 211001
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: July 26, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–15257 Filed 8–6–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–251520–96]
Proposed Collection; Comment
Request for Regulation Project
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 an
existing final regulation, REG–251520–
96 (TD 8785), Classification of Certain
Transactions Involving Computer
Programs (§ 1.861–18).
DATES: Written comments should be
received on or before October 9, 2007 to
be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, 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 Carolyn N. Brown,
at (202) 622–6688, or at Internal
Revenue Service, Room 6516, 1111
Constitution Avenue, NW., Washington,
DC 20224, or through the internet, at
Carolyn.N.Brown@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Classification of Certain
Transactions Involving Computer
Programs.
OMB Number: 1545–1594.
Regulation Project Number: REG–
251520–96.
Abstract: Section 1.861–18 of this
regulation provides rules for classifying
PO 00000
Frm 00149
Fmt 4703
Sfmt 4703
transactions involving the transfer of
computer programs. This regulation
grants the taxpayer consent to change its
method of accounting for such
transactions by filing Form 3115 with its
original return for the year of change.
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.
The burden for the collection of
information in this regulation is
reflected in the burden of Form 3115.
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: July 24, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–15261 Filed 8–6–07; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\07AUN1.SGM
07AUN1
]]>Agencies
[Federal Register Volume 72, Number 151 (Tuesday, August 7, 2007)]
[Notices]
[Pages 44223-44224]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-15257]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8886-T
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 8886-T, Disclosure by Tax-Exempt Entity Regarding Prohibited Tax
Shelter Transaction.
DATES: Written comments should be received on or before October 9, 2007
to be assured of consideration.
ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal
Revenue Service, room 6516, 1111 Constitution Avenue, NW., Washington,
DC 20224.
[[Page 44224]]
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Carolyn N.
Brown, (202) 622-6688, at Internal Revenue Service, room 6516, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the internet
at Carolyn.N.Brown@irs.gov
SUPPLEMENTARY INFORMATION:
Title: Disclosure by Tax-Exempt Entity Regarding Prohibited Tax
Shelter Transaction.
OMB Number: 1545-2078.
Form Number: Form 8886-T.
Abstract: Certain tax-exempt entities are required to file Form
8886-T to disclose information for each prohibited tax shelter
transaction to which the entity was a party.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations,
State, Local or Tribal Government.
Estimated Number of Respondents: 6,500.
Estimated Time per Respondent: 8 hours, 36 minutes.
Estimated Total Annual Burden Hours: 55,900.
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: July 26, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7-15257 Filed 8-6-07; 8:45 am]
BILLING CODE 4830-01-P
