Proposed Collection; Comment Request for Form 3491, 42652-42653 [E8-16642]
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sroberts on PROD1PC70 with NOTICES
42652
Federal Register / Vol. 73, No. 141 / Tuesday, July 22, 2008 / Notices
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
8621, Return by a Shareholder of a
Passive Foreign Investment Company or
Qualified Electing Fund.
DATES: Written comments should be
received on or before September 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 the form and instructions
should be directed to R. Joseph Durbala,
(202) 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 by a Shareholder of a Passive
Foreign Investment Company or
Qualified Electing Fund.
OMB Number: 1545–1002.
Form Number: 8621.
Abstract: Form 8621 is filed by a U.S.
shareholder who owns stock in a foreign
investment company. The form is used
to report income, make an election to
extend the time for payment of tax, and
to pay an additional tax and interest
amount. The IRS uses Form 8621 to
determine if these shareholders have
correctly reported amounts of income,
made the election correctly, and have
correctly computed the additional tax
and interest amount.
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: Businesses or other
for-profit organizations and individuals.
Estimated Number of Respondents:
1,333.
Estimated Time Per Respondent: 31
hr. 31 min.
Estimated Total Annual Burden
Hours: 42,003.
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
VerDate Aug<31>2005
19:47 Jul 21, 2008
Jkt 214001
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 15, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–16641 Filed 7–21–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 3491
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
3491, Consumer Cooperative Exemption
Application.
DATES: Written comments should be
received on or before September 22,
2008 to be assured of consideration.
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
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 the form and instructions
should be directed to R. Joseph Durbala,
(202) 622–3634, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
ADDRESSES:
SUPPLEMENTARY INFORMATION:
Title: Consumer Cooperative
Exemption Application.
OMB Number: 1545–1941.
Form Number: A cooperative uses
Form 3491 to apply for exemption from
filing information returns (Forms 1099–
PATR) on patronage distributions of $10
or more to any person during the
calendar year.
Current Actions: There are no changes
being made to the Form 3491 at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit, Individuals or households, and
Farms.
Estimated Number of Respondents:
200.
Estimated Time Per Respondent: 44
minutes.
Estimated Total Annual Burden
Hours: 148.
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
E:\FR\FM\22JYN1.SGM
22JYN1
Federal Register / Vol. 73, No. 141 / Tuesday, July 22, 2008 / Notices
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 15, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–16642 Filed 7–21–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[IA–62–93]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
sroberts on PROD1PC70 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 existing
final regulation, IA–62–93 (TD 8688),
Certain Elections Under the Omnibus
Budget Reconciliation Act of 1993
(§§ 1.108–5,1.163(d)–1, 1.1044(a)–1, and
1.6655(e)–1).
DATES: Written comments should be
received on or before September 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 the regulations should be
directed to R. Joseph Durbala at Internal
Revenue Service, room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or at (202)622–3634, or
through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Certain Elections Under the
Omnibus Budget Reconciliation Act of
1993.
OMB Number: 1545–1421.
Regulation Project Number: IA–62–93
(TD 8688).
VerDate Aug<31>2005
19:47 Jul 21, 2008
Jkt 214001
Abstract: These regulations
established various elections enacted by
the Omnibus Budget Reconciliation Act
of 1993 (OBRA) and provided
immediate interim guidance of the time
and manner of making the elections.
These regulations enable taxpayers to
take advantage of various benefits
provided by OBRA and the Internal
Revenue Code.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households and business or other forprofit organizations, and farms.
Estimated Number of Respondents:
410,000.
Estimated Time Per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 202,500.
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 15, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–16643 Filed 7–21–08; 8:45 am]
BILLING CODE 4830–01–P
PO 00000
Frm 00112
Fmt 4703
Sfmt 4703
42653
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[TD 8823]
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–209831–
96 (TD 8823), Consolidated Returns—
Limitations on the Use of Certain Losses
and Deductions.
DATES: Written comments should be
received on or before September 22,
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 additional information or
copies of this regulation should be
directed to R. Joseph Durbala, (202)
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: Consolidated Returns—
Limitations on the Use of Certain Losses
and Deductions.
OMB Number: 1545–1237.
Regulation Project Number: TD 8823.
Abstract: Section 1502 provides for
the promulgation of regulations with
respect to corporations that file
consolidated income tax returns. These
regulations amend the current
regulations regarding the use of certain
losses and deductions by such
corporations.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
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
E:\FR\FM\22JYN1.SGM
22JYN1
Agencies
[Federal Register Volume 73, Number 141 (Tuesday, July 22, 2008)]
[Notices]
[Pages 42652-42653]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-16642]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 3491
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 3491, Consumer Cooperative Exemption Application.
DATES: Written comments should be received on or before September 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 the form and instructions should be directed to R. Joseph
Durbala, (202) 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: Consumer Cooperative Exemption Application.
OMB Number: 1545-1941.
Form Number: A cooperative uses Form 3491 to apply for exemption
from filing information returns (Forms 1099-PATR) on patronage
distributions of $10 or more to any person during the calendar year.
Current Actions: There are no changes being made to the Form 3491
at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit, Individuals or
households, and Farms.
Estimated Number of Respondents: 200.
Estimated Time Per Respondent: 44 minutes.
Estimated Total Annual Burden Hours: 148.
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
[[Page 42653]]
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 15, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8-16642 Filed 7-21-08; 8:45 am]
BILLING CODE 4830-01-P