Proposed Collection; Comment Request for Form 5307, 54103-54104 [E7-18601]
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Federal Register / Vol. 72, No. 183 / Friday, September 21, 2007 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–148867–03]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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–148867–
03, (TD 9327) Disclosure of Returns and
Return Information in Connection with
Written Contracts or Agreements for the
Acquisition of Property or Services for
Tax Administration Purposes.
DATES: Written comments should be
received on or before November 20,
2007 to be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Carolyn N. Brown at Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–6688, or
through the Internet at
Carolyn.N.Brown@irs.gov.
SUMMARY:
Title:
REG–148867–03 (TD 9327) (Final)
Disclosure of Returns and Return
Information in Connection with Written
Contracts or Agreements for the
Acquisition of Property or Services for
Tax Administration Purposes.
OMB Number: 1545–1821.
Regulation Project Number: REG–
148867–03.
Abstract: The final regulations clarify
that redisclosures or returns and return
information by contractors to agents or
subcontractors are permissible, and that
the penalty provisions, written
notification requirements, and safeguard
requirements are applicable to these
agents and subcontractors. Section
301.6103(n)–1(d) of the final regulations
require that contractors, agents, and
subcontractors who receive returns or
mstockstill on PROD1PC66 with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Aug<31>2005
18:17 Sep 20, 2007
Jkt 211001
return information under the final
regulations must provide written notice
to their officers and employees of the
purposes for which returns or return
information may be used and of the
potential civil and criminal penalties for
unauthorized inspections or disclosures,
including informing them of the
imposition of punitive damages in the
case of a willful inspection or disclosure
or an inspection or disclosure which is
the result of gross negligence. Section
301.6103(n)–1(e)(3) of the final
regulations require that before the
execution of a contract or agreement for
the acquisition of property or services
under which returns or return
information will be disclosed, the
contract or agreement must be made
available to the IRS.
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, not-for-profit
institutions and Federal, state, local or
tribal governments.
Estimated Number of Respondents:
2,500.
Estimated Time per Respondent: 0.1
hr.
Estimated Total Annual Burden
Hours: 250.
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
PO 00000
Frm 00124
Fmt 4703
Sfmt 4703
54103
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: September 13, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–18600 Filed 9–20–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5307
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
5307, Application for Determination for
Adopters of Master or Prototype or
Volume Submitter Plans.
DATES: Written comments should be
received on or before November 20,
2007 to be assured of consideration.
ADDRESSES: Direct all written comments
to Joe Durbala, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for copies of the form and
instructions should be directed to Allan
Hopkins, at (202) 622–6665, Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or through the Internet at
Allan.M.Hopkins@irs.gov.
Title:
Application for Determination for
Adopters of Master or Prototype or
Volume Submitter Plans.
OMB Number: 1545–0200.
Form Number: 5307.
Abstract: Employers whose pension
plans meet the requirements of Internal
Revenue Code section 401(a) are
permitted a deduction for their
contributions to these plans. To have a
plan qualified under Code section
401(a), the employer must submit an
application to the IRS as required by
regulation § 1.401–1(b)(2). Form 5307 is
SUPPLEMENTARY INFORMATION:
E:\FR\FM\21SEN1.SGM
21SEN1
54104
Federal Register / Vol. 72, No. 183 / Friday, September 21, 2007 / Notices
mstockstill on PROD1PC66 with NOTICES
used as an application for this purpose
by adopters of master or prototype or
volume submitter plans.
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:
100,000.
Estimated Time Per Respondent: 51
hours, 9 minutes.
Estimated Total Annual Burden
Hours: 5,115,000.
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: September 10, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–18601 Filed 9–20–07; 8:45 am]
BILLING CODE 4830–01–P
VerDate Aug<31>2005
18:17 Sep 20, 2007
Jkt 211001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–125628–01]
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 final
and temporary regulations, REG–
125628–01, (TD 9243) Revision of
Income Tax Regulations Under Sections
358, 367, 884, and 6038B Dealing with
Statutory Mergers or Consolidations
Under Section 368(a)(1)(A) Involving
One or More Foreign Corporations.
DATES: Written comments should be
received on or before November 20,
2007 to be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Carolyn N. Brown at Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–6688, or
through the Internet at
Carolyn.N.Brown@irs.gov.
Title:
REG–125628–01 (TD 9243) (Final)
Revision of Income Tax Regulations
Under Sections 358, 367, 884, and
6038B Dealing with Statutory Mergers
or Consolidations Under Section
368(a)(1)(A) Involving One or More
Foreign Corporations.
OMB Number: 1545–1925.
Regulation Project Number: REG–
125628–01.
Abstract: The final regulation
provides rules regarding the merger or
consolidation of domestic or foreign
corporations. This collection of
information is necessary to preserve
U.S. income taxation on gain of certain
stock.
Current Actions: There is no change to
this existing regulation.
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00125
Fmt 4703
Sfmt 4703
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
50.
Estimated Time per Respondent: 1 hr.
Estimated Total Annual Burden
Hours: 50.
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: September 13, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7–18602 Filed 9–20–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[PS–268–82]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
E:\FR\FM\21SEN1.SGM
21SEN1
]]>Agencies
[Federal Register Volume 72, Number 183 (Friday, September 21, 2007)]
[Notices]
[Pages 54103-54104]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-18601]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 5307
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 5307, Application for Determination for Adopters of Master or
Prototype or Volume Submitter Plans.
DATES: Written comments should be received on or before November 20,
2007 to be assured of consideration.
ADDRESSES: Direct all written comments to Joe Durbala, Internal Revenue
Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC
20224.
FOR FURTHER INFORMATION CONTACT: Requests for copies of the form and
instructions should be directed to Allan Hopkins, at (202) 622-6665,
Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION: Title: Application for Determination for
Adopters of Master or Prototype or Volume Submitter Plans.
OMB Number: 1545-0200.
Form Number: 5307.
Abstract: Employers whose pension plans meet the requirements of
Internal Revenue Code section 401(a) are permitted a deduction for
their contributions to these plans. To have a plan qualified under Code
section 401(a), the employer must submit an application to the IRS as
required by regulation Sec. 1.401-1(b)(2). Form 5307 is
[[Page 54104]]
used as an application for this purpose by adopters of master or
prototype or volume submitter plans.
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: 100,000.
Estimated Time Per Respondent: 51 hours, 9 minutes.
Estimated Total Annual Burden Hours: 5,115,000.
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: September 10, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7-18601 Filed 9-20-07; 8:45 am]
BILLING CODE 4830-01-P
