Submission for OMB Review; Comment Request, 9855-9857 [E8-3305]
Download as PDF
<![CDATA[
Federal Register / Vol. 73, No. 36 / Friday, February 22, 2008 / Notices
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 March 24, 2008 to
be assured of consideration.
mstockstill on PROD1PC66 with NOTICES
Bureau of Engraving and Printing (BEP)
OMB Number: 1520–0007.
Type of Review: Extension.
Title: Redesigned Currency,
Benchmark Survey.
Description: The Bureau of Engraving
and Printing requests approval to
conduct a series of information
collection activities with the public in
support of its public education program
regarding the introduction of redesigned
currency. These collections will
include: A survey used to establish
baseline measures of awareness of
currency changes, confidence in the
currency and authentication behavior,
and subsequent surveys to evaluate
changes in these measures; a survey to
evaluate potential messages designed to
encourage the public to examine and
learn currency security features; a
survey to evaluate potential taglines that
will help call attention to new security
features while maintaining confidence
in U.S. currency; and, a survey to test
draft materials to be developed in
support of the program. The collection
will also include in-depth interviews
with bank tellers and others who
frequently conduct cash transactions as
part of their job, to identify special
needs and tools for their use.
Respondents: Individuals or
households.
Estimated Total Burden Hours: 1,821
hours.
Clearance Officer: Pamela V. Grayson,
(202) 874–2212, Bureau of Engraving
and Printing, 14th & C Street, SW.,
Washington, DC 20228.
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. E8–3304 Filed 2–21–08; 8:45 am]
BILLING CODE 4840–01–P
VerDate Aug<31>2005
16:38 Feb 21, 2008
Jkt 214001
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
February 13, 2008.
The Department of Treasury will
submit the following public information
collection requirement(s) to OMB for
review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13 on or after the date
of publication of this notice. 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, and 1750
Pennsylvania Avenue, NW.,
Washington, DC 20220.
DATES: Written comments should be
received on or before March 24, 2008 to
be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545–1915.
Type of Review: Extension.
Title: Notice 2005–04, Fuel Tax
Guidance, Request for Comments
Description: This notice provides
guidance on certain excise Code
provisions that were added or effected
by the American Jobs Creation Act of
2004, Pub. L. 108–357. The information
will be used by the IRS to verify that the
proper amount of tax is reported,
excluded, refunded, or credited.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 76,190
hours.
OMB Number: 1545–1420.
Type of Review: Extension.
Title: Claim for Refund of Excise
Taxes.
Form: 8849.
Description: IRC sections 6402, 6404,
6511 and sections 301.6402–2,
301.6404–1, and 301.6404–3 of the
regulations, allow for refunds of taxes
(except income taxes) or refund,
abatement, or credit of interest,
penalties, and additions to tax in the
event of errors or certain actions by IRS.
Form 8849 is used by taxpayers to claim
refunds of excise taxes.
Respondents: Individuals or
households.
Estimated Total Burden Hours:
716,604 hours.
OMB Number: 1545–1394.
Type of Review: Extension.
Title: U.S. Income Tax Return for
Settlement Funds (Under Section 468B).
Form: 1120–SF.
Description: Form 1120–SF is used by
settlement funds to report income and
PO 00000
Frm 00099
Fmt 4703
Sfmt 4703
9855
taxes on earnings of the fund. The fund
may be established by court order, a
breach of contract, a violation of law, an
arbitration panel, or the Environmental
Protection Agency. The IRS uses Form
1120–SF to determine if income and
taxes are correctly computed.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 27,330
hours.
OMB Number: 1545–1634.
Type of Review: Extension.
Title: REG–106902–98 (Final)
Consolidated Returns—Consolidated
Overall Foreign Losses and Separate
Limitation Losses.
Description: The regulations provide
guidance relating to the amount of
overall foreign losses and separate
limitation losses in the computation of
the foreign tax credit. The regulations
affect consolidated groups of
corporations that compute the foreign
tax credit limitation or that disposes of
property used in a foreign trade or
business.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 3,000
hours.
OMB Number: 1545–0197.
Type of Review: Extension.
Title: Form 5300, Application for
Determination for Employee Benefit
Plan, Schedule Q (Form 5300), Elective
Determination Requests.
Form: 5300.
Description: IRS needs certain
information on the financing and
operating of employee benefit and
employee contribution plans set up by
employers. IRS uses Form 5300 to
obtain the information needed to
determine whether the plans qualify
under Code sections 401(a) and 501(a).
Schedule Q provides information
related to the manner in which a plan
satisfies certain qualification
requirements relating to minimum
participation, coverage, and
nondiscrimination.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
7,972,750 hours.
OMB Number: 1545–1478.
Type of Review: Extension.
Title: INTL–9–95 (Final) Certain
Transfers of Domestic Stock or
Securities by U.S. Persons to Foreign
Corporation’s (TD 8702).
Description: Transfers of stock or
securities by U.S. persons in tax-free
transactions are treated as taxable
transactions when the acquirer is a
foreign corporation, unless an exception
applies (section 367(a)). Under the
E:\FR\FM\22FEN1.SGM
22FEN1
mstockstill on PROD1PC66 with NOTICES
9856
Federal Register / Vol. 73, No. 36 / Friday, February 22, 2008 / Notices
regulations, no U.S. person will qualify
for an exception unless the U.S. target
company complies with certain
reporting requirements.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 1,000
hours.
OMB Number: 1545–1624.
Type of Review: Extension.
Title: Notice 98–52 Cash or Deferred
Arrangements; Nondiscrimination;
REG–108639–99 (Final) Retirement
Plans; Cash or Deferred Arrangements
under Section 401(k) and Matching
Contributions.
Description: Section 1433(a) of the
Small Business Job Protection Act of
1996 requires that the Service provide
nondiscriminatory safe harbors with
respect to section 401(k)(12) and section
401(m)(11) for plan years beginning
after December 31, 1998. This notice
implements that statutory requirement.
Respondents: Businesses and other
for-profits.
Estimated Total Burden Hours: 80,000
hours.
OMB Number: 1545–2084.
Type of Review: Extension.
Title: Foreign Based Importers—NonFilers.
Description: Foreign corporations are
subject to tax on income that is
effectively connected with a U.S. trade
or business and are required to file form
1120, 1120-f or 1065 reporting taxable
income. The respondents will be foreign
corporations. The information gathered
will be used to determine if the foreign
corporation has a U.S. trade or business
and is required to file a U.S. Income Tax
return.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 30
hours.
OMB Number: 1545–1896.
Type of Review: Extension.
Title: Application to Participate in the
IRS Acceptance Agent Program.
Form: 13551.
Description: Form 13551 is used to
gather information to determine
applicant’s eligibility in the Acceptance
Agent Program.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 6,413
hours.
OMB Number: 1545–1423.
Type of Review: Extension.
Title: PS–106–91 (Final) State
Housing Credit Ceiling and other Rules
Relating to the Low-Income Housing
Credit.
Description: The regulations provide
the order in which credits are allocated
VerDate Aug<31>2005
16:38 Feb 21, 2008
Jkt 214001
from each State’s credit ceiling under
section 42(h)(3)(C) and the
determination of which states qualify
for credits from a National Pool of
credits under section 42(h)(3)(D).
Allocating agencies need this
information to correctly allocate credits
and determine National Pool eligibility.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 275
hours.
OMB Number: 1545–1990.
Type of Review: Extension.
Title: Reg–152354–04 (final)
designated Roth Contributions to cash
or deferred arrangements under section
401(k).
Description: The final regulation
provides guidance concerning the
requirement for designated Roth
contributions to qualified cash or
deferred arrangements under section
401(k). The IRS need this information to
insure compliance with section 401(k)
and (m) and section 402.A.
Respondents: Businesses and other
for-profit institutions.
Estimated Total Burden Hours:
157,500 hours.
OMB Number: 1545–1951.
Type of Review: Extension.
Title: Notice 2005–04, Fuel Tax
guidance, Request.
Description: This notice provide
guidance on certain excise Code
provisions that were added or affected
by the American jobs creation Act of
2004 Pub. L. 108–357. The information
will be used by the IRS to verify that the
proper amount of tax is reported,
excluded, refunded or credited.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 76,190
hours.
OMB Number: 1545–1640.
Type of Review: Extension.
Title: REG–104924–989NPRM) Mark
to Market accounting for dealers in
commodities and traders in securities or
commodities.
Description: The collection of
information in this proposed regulation
is required by the Internal Revenue
Service to determine whether an
exemption for mark to market treatment
is properly claimed. This information
will be used to make that determination
upon audit of taxpayer’s books and
records. The likely recordkeepers are
businesses or other for-profit
institutions.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 1,000
hours.
OMB Number: 1545–1931.
PO 00000
Frm 00100
Fmt 4703
Sfmt 4703
Type of Review: Extension.
Title: REG–152354–04 (Final)
Designated Roth Contributions to Cash
or Deferred Arrangements Under
Section 401(k).
Description: The final regulations
provide guidance concerning the
requirements for designated Roth
contributions to qualified cash or
deferred arrangements under section
401(k). The IRS needs this information
to insure compliance with section
401(k) and (m) and section 402A.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
157,500 hours.
OMB Number: 1545–1756.
Type of Review: Extension.
Title: Revenue procedure 2001–56,
Demonstration Automobile use.
Form: 8849.
Description: This revenue procedure
provides optional simplified methods
for determining the value of the use of
demonstration automobiles provided to
employees by automobile dealerships.
Respondents: Not-for-Profit
institutions.
Estimated Total Burden Hours:
100,000 hours.
OMB Number: 1545–1624.
Type of Review: Extension.
Title: Notice 98–52 Cash or Deferred
Arrangements; Nondiscrimination;
REG–108639–99 (Final) Retirement
Plans; Cash or Deferred Arrangements
Under Section 401(k) and Matching
Contributions.
Description: Section 1433(a) of the
Small Business Job Protection Act of
1996 requires that the Service provide
nondiscriminatory safe harbors with
respect to section 401(k)(12) and section
401(m)(11) for plan years beginning
after December 31, 1998. This notice
implements that statutory requirement.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 80,000
hours.
OMB Number: 1545–1750.
Type of Review: Extension.
Title: Request for Recovery of
Overpayments Under Arbitrage Rebate
Provisions.
Forms: 8038–R.
Description: Under Treasury
Regulations section 1.148–3(i), bond
issuers may recover an overpayment of
arbitrage rebate paid to the United
States under Internal Revenue Code
section 148. Form 8038–R is used to
request recovery of any overpayment of
arbitrage rebate made under the
arbitrage rebate provisions.
Respondents: Businesses or other forprofit institutions.
E:\FR\FM\22FEN1.SGM
22FEN1
mstockstill on PROD1PC66 with NOTICES
Federal Register / Vol. 73, No. 36 / Friday, February 22, 2008 / Notices
Estimated Total Burden Hours: 2,458
hours.
OMB Number: 1545–1478.
Type of Review: Extension.
Title: INTL–9–95 (Final) Certain
Transfers of Domestic Stock or
Securities by U.S. Persons to Foreign
Corporation’s (TD 8702).
Description: Transfers of stock or
securities by U.S. persons in tax-free
transactions are treated as taxable
transactions when the acquirer is a
foreign corporation, unless an exception
applies (section 367(a)). Under the
regulations, no U.S. person will qualify
for an exception unless the U.S. target
company complies with certain
reporting requirements.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 1,000
hours.
OMB Number: 1545–2084.
Type of Review: Extension.
Title: Foreign Based Importers—NonFilers.
Description: Foreign corporations are
subject to tax on income that is
effectively connected with a U.S. trade
or business and are required to file form
1120, 1120–f or 1065 reporting taxable
income. The respondents will be foreign
corporations. The information gathered
will be used to determine if the foreign
corporation has a U.S. trade or business
and is required to file a U.S. Income Tax
return.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 30
hours.
OMB Number: 1545–1770.
Type of Review: Extension.
Title: REG–115054–01 (Final)
Treatment of Community Income for
Certain Individuals Not Filing Joint
Returns.
Description: The regulations provide
rules to determine how community
income is treated under section 66 for
certain married individuals in
community property states who do not
file joint individual Federal income tax
returns. The regulations also reflect
changes in the law made by the IRS
Restructuring and Reform Act of 1998.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours: 1
hour.
OMB Number: 1545–2083.
Type of Review: Extension.
Title: Form 8921—Applicable
Insurance Contracts Information Return.
Description: To comply with IRC
section 6050V, as added by the Pension
Protection Act of 2006, an applicable
exempt organization must file a Form
VerDate Aug<31>2005
16:38 Feb 21, 2008
Jkt 214001
8921 for each structured transaction
under which it makes reportable
acquisitions of applicable insurance
contracts. The information gathered will
be used by the Treasury to issue a twoyear report to Congress.
Respondents: Businesses or other forprofit institutions.
Estimated Total Burden Hours:
1,796,500 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. E8–3305 Filed 2–21–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209060–86]
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 notice of final regulation, REG–
209060–86 (TD 8851), Return
Requirement for United States Persons
Acquiring or Disposing of an Interest in
a Foreign Partnership, or Whose
Proportional Interest in a Foreign
Partnership Changes (§ 1.6046-A).
DATES: Written comments should be
received on or before April 22, 2008 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this regulation should be
directed to R. Joseph Durbala, (202)
PO 00000
Frm 00101
Fmt 4703
Sfmt 4703
9857
622–3634, Internal Revenue Service,
Room 6129, 1111 Constitution Avenue,
NW., Washington, DC 20224, or through
the Internet at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Return Requirement for United
States Persons Acquiring or Disposing of
an Interest in a Foreign Partnership, or
Whose Proportional Interest in a Foreign
Partnership Changes.
OMB Number: 1545–1646.
Regulation Project Number: REG–
209060–86.
Abstract: Section 6046A requires U.S.
persons to provide certain information
with respect to the acquisition or
disposition of a 10-percent interest in,
or a 10-percent change in ownership of,
a foreign partnership. This regulation
provides reporting rules to identify U.S.
persons with significant interests in
foreign partnerships to ensure the
correct reporting of items with respect
to these interests.
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, individuals or
households and not-for-profit
institutions.
The burden is reflected in the burden
of Form 8865.
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
E:\FR\FM\22FEN1.SGM
22FEN1
]]>Agencies
[Federal Register Volume 73, Number 36 (Friday, February 22, 2008)]
[Notices]
[Pages 9855-9857]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-3305]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
February 13, 2008.
The Department of Treasury will submit the following public
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or
after the date of publication of this notice. 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, and 1750
Pennsylvania Avenue, NW., Washington, DC 20220.
DATES: Written comments should be received on or before March 24, 2008
to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1915.
Type of Review: Extension.
Title: Notice 2005-04, Fuel Tax Guidance, Request for Comments
Description: This notice provides guidance on certain excise Code
provisions that were added or effected by the American Jobs Creation
Act of 2004, Pub. L. 108-357. The information will be used by the IRS
to verify that the proper amount of tax is reported, excluded,
refunded, or credited.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 76,190 hours.
OMB Number: 1545-1420.
Type of Review: Extension.
Title: Claim for Refund of Excise Taxes.
Form: 8849.
Description: IRC sections 6402, 6404, 6511 and sections 301.6402-2,
301.6404-1, and 301.6404-3 of the regulations, allow for refunds of
taxes (except income taxes) or refund, abatement, or credit of
interest, penalties, and additions to tax in the event of errors or
certain actions by IRS. Form 8849 is used by taxpayers to claim refunds
of excise taxes.
Respondents: Individuals or households.
Estimated Total Burden Hours: 716,604 hours.
OMB Number: 1545-1394.
Type of Review: Extension.
Title: U.S. Income Tax Return for Settlement Funds (Under Section
468B).
Form: 1120-SF.
Description: Form 1120-SF is used by settlement funds to report
income and taxes on earnings of the fund. The fund may be established
by court order, a breach of contract, a violation of law, an
arbitration panel, or the Environmental Protection Agency. The IRS uses
Form 1120-SF to determine if income and taxes are correctly computed.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 27,330 hours.
OMB Number: 1545-1634.
Type of Review: Extension.
Title: REG-106902-98 (Final) Consolidated Returns--Consolidated
Overall Foreign Losses and Separate Limitation Losses.
Description: The regulations provide guidance relating to the
amount of overall foreign losses and separate limitation losses in the
computation of the foreign tax credit. The regulations affect
consolidated groups of corporations that compute the foreign tax credit
limitation or that disposes of property used in a foreign trade or
business.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 3,000 hours.
OMB Number: 1545-0197.
Type of Review: Extension.
Title: Form 5300, Application for Determination for Employee
Benefit Plan, Schedule Q (Form 5300), Elective Determination Requests.
Form: 5300.
Description: IRS needs certain information on the financing and
operating of employee benefit and employee contribution plans set up by
employers. IRS uses Form 5300 to obtain the information needed to
determine whether the plans qualify under Code sections 401(a) and
501(a). Schedule Q provides information related to the manner in which
a plan satisfies certain qualification requirements relating to minimum
participation, coverage, and nondiscrimination.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 7,972,750 hours.
OMB Number: 1545-1478.
Type of Review: Extension.
Title: INTL-9-95 (Final) Certain Transfers of Domestic Stock or
Securities by U.S. Persons to Foreign Corporation's (TD 8702).
Description: Transfers of stock or securities by U.S. persons in
tax-free transactions are treated as taxable transactions when the
acquirer is a foreign corporation, unless an exception applies (section
367(a)). Under the
[[Page 9856]]
regulations, no U.S. person will qualify for an exception unless the
U.S. target company complies with certain reporting requirements.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 1,000 hours.
OMB Number: 1545-1624.
Type of Review: Extension.
Title: Notice 98-52 Cash or Deferred Arrangements;
Nondiscrimination; REG-108639-99 (Final) Retirement Plans; Cash or
Deferred Arrangements under Section 401(k) and Matching Contributions.
Description: Section 1433(a) of the Small Business Job Protection
Act of 1996 requires that the Service provide nondiscriminatory safe
harbors with respect to section 401(k)(12) and section 401(m)(11) for
plan years beginning after December 31, 1998. This notice implements
that statutory requirement.
Respondents: Businesses and other for-profits.
Estimated Total Burden Hours: 80,000 hours.
OMB Number: 1545-2084.
Type of Review: Extension.
Title: Foreign Based Importers--Non-Filers.
Description: Foreign corporations are subject to tax on income that
is effectively connected with a U.S. trade or business and are required
to file form 1120, 1120-f or 1065 reporting taxable income. The
respondents will be foreign corporations. The information gathered will
be used to determine if the foreign corporation has a U.S. trade or
business and is required to file a U.S. Income Tax return.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 30 hours.
OMB Number: 1545-1896.
Type of Review: Extension.
Title: Application to Participate in the IRS Acceptance Agent
Program.
Form: 13551.
Description: Form 13551 is used to gather information to determine
applicant's eligibility in the Acceptance Agent Program.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 6,413 hours.
OMB Number: 1545-1423.
Type of Review: Extension.
Title: PS-106-91 (Final) State Housing Credit Ceiling and other
Rules Relating to the Low-Income Housing Credit.
Description: The regulations provide the order in which credits are
allocated from each State's credit ceiling under section 42(h)(3)(C)
and the determination of which states qualify for credits from a
National Pool of credits under section 42(h)(3)(D). Allocating agencies
need this information to correctly allocate credits and determine
National Pool eligibility.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 275 hours.
OMB Number: 1545-1990.
Type of Review: Extension.
Title: Reg-152354-04 (final) designated Roth Contributions to cash
or deferred arrangements under section 401(k).
Description: The final regulation provides guidance concerning the
requirement for designated Roth contributions to qualified cash or
deferred arrangements under section 401(k). The IRS need this
information to insure compliance with section 401(k) and (m) and
section 402.A.
Respondents: Businesses and other for-profit institutions.
Estimated Total Burden Hours: 157,500 hours.
OMB Number: 1545-1951.
Type of Review: Extension.
Title: Notice 2005-04, Fuel Tax guidance, Request.
Description: This notice provide guidance on certain excise Code
provisions that were added or affected by the American jobs creation
Act of 2004 Pub. L. 108-357. The information will be used by the IRS to
verify that the proper amount of tax is reported, excluded, refunded or
credited.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 76,190 hours.
OMB Number: 1545-1640.
Type of Review: Extension.
Title: REG-104924-989NPRM) Mark to Market accounting for dealers in
commodities and traders in securities or commodities.
Description: The collection of information in this proposed
regulation is required by the Internal Revenue Service to determine
whether an exemption for mark to market treatment is properly claimed.
This information will be used to make that determination upon audit of
taxpayer's books and records. The likely recordkeepers are businesses
or other for-profit institutions.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 1,000 hours.
OMB Number: 1545-1931.
Type of Review: Extension.
Title: REG-152354-04 (Final) Designated Roth Contributions to Cash
or Deferred Arrangements Under Section 401(k).
Description: The final regulations provide guidance concerning the
requirements for designated Roth contributions to qualified cash or
deferred arrangements under section 401(k). The IRS needs this
information to insure compliance with section 401(k) and (m) and
section 402A.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 157,500 hours.
OMB Number: 1545-1756.
Type of Review: Extension.
Title: Revenue procedure 2001-56, Demonstration Automobile use.
Form: 8849.
Description: This revenue procedure provides optional simplified
methods for determining the value of the use of demonstration
automobiles provided to employees by automobile dealerships.
Respondents: Not-for-Profit institutions.
Estimated Total Burden Hours: 100,000 hours.
OMB Number: 1545-1624.
Type of Review: Extension.
Title: Notice 98-52 Cash or Deferred Arrangements;
Nondiscrimination; REG-108639-99 (Final) Retirement Plans; Cash or
Deferred Arrangements Under Section 401(k) and Matching Contributions.
Description: Section 1433(a) of the Small Business Job Protection
Act of 1996 requires that the Service provide nondiscriminatory safe
harbors with respect to section 401(k)(12) and section 401(m)(11) for
plan years beginning after December 31, 1998. This notice implements
that statutory requirement.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 80,000 hours.
OMB Number: 1545-1750.
Type of Review: Extension.
Title: Request for Recovery of Overpayments Under Arbitrage Rebate
Provisions.
Forms: 8038-R.
Description: Under Treasury Regulations section 1.148-3(i), bond
issuers may recover an overpayment of arbitrage rebate paid to the
United States under Internal Revenue Code section 148. Form 8038-R is
used to request recovery of any overpayment of arbitrage rebate made
under the arbitrage rebate provisions.
Respondents: Businesses or other for-profit institutions.
[[Page 9857]]
Estimated Total Burden Hours: 2,458 hours.
OMB Number: 1545-1478.
Type of Review: Extension.
Title: INTL-9-95 (Final) Certain Transfers of Domestic Stock or
Securities by U.S. Persons to Foreign Corporation's (TD 8702).
Description: Transfers of stock or securities by U.S. persons in
tax-free transactions are treated as taxable transactions when the
acquirer is a foreign corporation, unless an exception applies (section
367(a)). Under the regulations, no U.S. person will qualify for an
exception unless the U.S. target company complies with certain
reporting requirements.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 1,000 hours.
OMB Number: 1545-2084.
Type of Review: Extension.
Title: Foreign Based Importers--Non-Filers.
Description: Foreign corporations are subject to tax on income that
is effectively connected with a U.S. trade or business and are required
to file form 1120, 1120-f or 1065 reporting taxable income. The
respondents will be foreign corporations. The information gathered will
be used to determine if the foreign corporation has a U.S. trade or
business and is required to file a U.S. Income Tax return.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 30 hours.
OMB Number: 1545-1770.
Type of Review: Extension.
Title: REG-115054-01 (Final) Treatment of Community Income for
Certain Individuals Not Filing Joint Returns.
Description: The regulations provide rules to determine how
community income is treated under section 66 for certain married
individuals in community property states who do not file joint
individual Federal income tax returns. The regulations also reflect
changes in the law made by the IRS Restructuring and Reform Act of
1998.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 1 hour.
OMB Number: 1545-2083.
Type of Review: Extension.
Title: Form 8921--Applicable Insurance Contracts Information
Return.
Description: To comply with IRC section 6050V, as added by the
Pension Protection Act of 2006, an applicable exempt organization must
file a Form 8921 for each structured transaction under which it makes
reportable acquisitions of applicable insurance contracts. The
information gathered will be used by the Treasury to issue a two-year
report to Congress.
Respondents: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 1,796,500 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. E8-3305 Filed 2-21-08; 8:45 am]
BILLING CODE 4830-01-P
