Proposed Collection; Comment Request for Regulation Project, 18035 [E8-6756]
Download as PDF
<![CDATA[
Federal Register / Vol. 73, No. 64 / Wednesday, April 2, 2008 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209121–89]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
rmajette on PROD1PC64 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
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–209121–
89 (TD 8802), Certain Asset Transfers to
a Tax Exempt Entity (§ 1.337(d)–4).
DATES: Written comments should be
received on or before June 2, 2008 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for copies of this regulation
should be directed to Allan Hopkins, at
(202) 622–6665, or at 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: Certain Asset Transfers to a TaxExempt Entity.
OMB Number: 1545–1633.
Regulation Project Number: REG–
209121–89.
Abstract: The written representation
requested from a tax-exempt entity in
regulations section 1.337(d)–4(b)(1)(A)
concerns its plans to use assets received
from a taxable corporation in a taxable
unrelated trade or business. The taxable
corporation is not taxable on gain if the
assets are used in a taxable unrelated
trade or business.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Not-for-profit
institutions, business or other for-profit
organizations.
Estimated Number of Respondents:
25.
Estimated Time per Respondent: 5
hrs.
VerDate Aug<31>2005
15:36 Apr 01, 2008
Jkt 214001
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: March 20, 2008.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–6756 Filed 4–1–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–121946–98]
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
PO 00000
Frm 00088
Fmt 4703
Sfmt 4703
18035
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–121946–
98 (TD 8861), Private Foundation
Disclosure Rules (§§ 301.6104(d)–1,
301.6104(d)–2, and 301.6104(d)–3).
DATES: Written comments should be
received on or before June 2, 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 copies of regulations
should be directed to Allan Hopkins,
(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: Private Foundation Disclosure
Rules.
OMB Number: 1545–1655.
Regulation Project Number: REG–
121946–98.
Abstract: The regulations relate to the
public disclosure requirements
described in section 6104(d) of the
Internal Revenue Code. These final
regulations implement changes made by
the Tax and Trade Relief Extension Act
of 1998, which extended to private
foundations the same rules regarding
public disclosure of annual information
returns that apply to other tax-exempt
organizations. These final regulations
provide guidance for private
foundations required to make copies of
applications for recognition of
exemption and annual information
return available for public inspection
and to comply with requests for copies
of those documents.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Not-for-profit
institutions.
Estimated Number of Respondents:
65,065.
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 32,596.
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.
E:\FR\FM\02APN1.SGM
02APN1
]]>Agencies
[Federal Register Volume 73, Number 64 (Wednesday, April 2, 2008)]
[Notices]
[Page 18035]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-6756]
[[Page 18035]]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-209121-89]
Proposed Collection; Comment Request for Regulation Project
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 an
existing final regulation, REG-209121-89 (TD 8802), Certain Asset
Transfers to a Tax Exempt Entity (Sec. 1.337(d)-4).
DATES: Written comments should be received on or before June 2, 2008 to
be assured of consideration.
ADDRESSES: Direct all written comments to Glenn Kirkland, Internal
Revenue Service, room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for copies of this regulation
should be directed to Allan Hopkins, at (202) 622-6665, or at 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: Certain Asset Transfers to a Tax-Exempt Entity.
OMB Number: 1545-1633.
Regulation Project Number: REG-209121-89.
Abstract: The written representation requested from a tax-exempt
entity in regulations section 1.337(d)-4(b)(1)(A) concerns its plans to
use assets received from a taxable corporation in a taxable unrelated
trade or business. The taxable corporation is not taxable on gain if
the assets are used in a taxable unrelated trade or business.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Not-for-profit institutions, business or other
for-profit organizations.
Estimated Number of Respondents: 25.
Estimated Time per Respondent: 5 hrs.
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: March 20, 2008.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8-6756 Filed 4-1-08; 8:45 am]
BILLING CODE 4830-01-P
