Proposed Collection; Comment Request for Form 8820, 55213-55214 [E8-22396]
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Federal Register / Vol. 73, No. 186 / Wednesday, September 24, 2008 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 5305–SEP
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
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
5305–SEP, Simplified Employee
Pension-Individual Retirement
Accounts Contribution Agreement.
DATES: Written comments should be
received on or before November 24,
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: Simplified Employee PensionIndividual Retirement Accounts
Contribution Agreement.
OMB Number: 1545–0499.
Form Number: 5305–SEP.
Abstract: Form 5305–SEP is used by
an employer to make an agreement
provide benefits to all employees under
a Simplified Employee Pension (SEP)
described in Internal Revenue Code
section 408(k). This form is not to be
filed with the IRS but is to be retained
in the employer’s records as proof of
establishing a SEP and justifying a
deduction for contributions to the SEP.
Current Actions: There are no changes
being made to 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: 4 hr.
57 min.
VerDate Aug<31>2005
17:26 Sep 23, 2008
Jkt 214001
Estimated Total Annual Burden
Hours: 495,000.
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 12, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–22395 Filed 9–23–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8820
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,
PO 00000
Frm 00193
Fmt 4703
Sfmt 4703
55213
Public Law 104–13(44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Form
8820, Orphan Drug Credit.
DATES: Written comments should be
received on or before November 24,
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
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: Orphan Drug Credit.
OMB Number: 1545–1505.
Form Number: 8820.
Abstract: Filers use this form to elect
to claim the orphan drug credit, which
is 50% of the qualified clinical testing
expenses paid or incurred with respect
to low or unprofitable drugs for rare
diseases and conditions, as designated
under section 526 of the Federal Food,
Drug, and Cosmetic Act. 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:
67.
Estimated Time Per Respondent: 3
hours, 58 minutes.
Estimated Total Annual Burden
Hours: 266.
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
E:\FR\FM\24SEN1.SGM
24SEN1
55214
Federal Register / Vol. 73, No. 186 / Wednesday, September 24, 2008 / Notices
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, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–22396 Filed 9–23–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209827–96 and REG–111672–99]
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
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–209827–
96 and REG–111672–99 (TD 8834),
Treatment of Distributions to Foreign
Persons Under Sections 367(e)(1) and
367(e)(2) (§§ 1.367(e)–1, 1.367(e)–2 and
1.6038B–1).
DATES: Written comments should be
received on or before November 24,
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 the 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
VerDate Aug<31>2005
17:26 Sep 23, 2008
Jkt 214001
the Internet, at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Treatment of Distributions to
Foreign Persons Under Sections
367(e)(1) and 367(e)(2).
OMB Number: 1545–1487.
Regulation Project Number: REG–
209827–96 and REG–111672–99.
Abstract: Sections 367(e)(1) and
367(e)(2) provide for gain recognition on
certain transfers to foreign persons
under sections 355 and 332. Section
6038B(a) requires U.S. persons
transferring property to foreign persons
in exchanges described in sections 332
and 355 to furnish information
regarding such transfers. This
information is used by the Internal
Revenue Service to verify whether a
taxpayer is entitled to an exemption
from income tax.
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.
Estimated Number of Respondents:
217.
Estimated Time per Respondent: 11
hours, 23 minutes.
Estimated Total Annual Burden
Hours: 2,471.
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
PO 00000
Frm 00194
Fmt 4703
Sfmt 4703
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 12, 2008.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8–22428 Filed 9–23–08; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
Privacy Act of 1974; System of
Records
AGENCY:
Department of Veterans Affairs
(VA).
Notice of establishment of new
system of records.
ACTION:
SUMMARY: The Privacy Act of 1974 (5
U.S.C. 552(e)(4)) requires that all
agencies publish in the Federal Register
a notice of the existence and character
of their systems of records. Notice is
hereby given that the Department of
Veterans Affairs (VA) is establishing a
new system of records entitled ‘‘Library
Network (VALNET)–VA’’ (136VA19E).
DATES: Comments on this new system of
records must be received no later than
October 24, 2008. If no public comment
is received, the new system will become
effective October 24, 2008.
ADDRESSES: Written comments
concerning the proposed new system of
records may be submitted by: mail or
hand-delivery to Director, Regulations
Management (02REG), Department of
Veterans Affairs, 810 Vermont Avenue,
NW., Room 1068, Washington, DC
20420; fax to (202) 273–9026; or e-mail
to ‘‘VAregulations@mail.va.gov.’’ All
comments received will be available for
public inspection in the Office of
Regulation Policy and Management,
Room 1063B, between the hours of 8
a.m. and 4:30 p.m., Monday through
Friday (except holidays). Please call
(202) 461–4902 for an appointment.
FOR FURTHER INFORMATION CONTACT:
VHA Privacy Officer, Department of
Veterans Affairs, 810 Vermont Avenue,
NW., Washington, DC 20420; telephone
704–245–2492.
SUPPLEMENTARY INFORMATION:
I. Description of Proposed Systems of
Records
This system of records is an umbrella
system comprising separate sets of
records located in VA Medical Center
(VAMC) libraries throughout the United
States. It includes records on VA
employees, volunteers, students,
E:\FR\FM\24SEN1.SGM
24SEN1
]]>Agencies
[Federal Register Volume 73, Number 186 (Wednesday, September 24, 2008)]
[Notices]
[Pages 55213-55214]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-22396]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8820
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 8820, Orphan Drug Credit.
DATES: Written comments should be received on or before November 24,
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 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: Orphan Drug Credit.
OMB Number: 1545-1505.
Form Number: 8820.
Abstract: Filers use this form to elect to claim the orphan drug
credit, which is 50% of the qualified clinical testing expenses paid or
incurred with respect to low or unprofitable drugs for rare diseases
and conditions, as designated under section 526 of the Federal Food,
Drug, and Cosmetic Act. 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: 67.
Estimated Time Per Respondent: 3 hours, 58 minutes.
Estimated Total Annual Burden Hours: 266.
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
[[Page 55214]]
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, 2008.
Glenn P. Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E8-22396 Filed 9-23-08; 8:45 am]
BILLING CODE 4830-01-P
