Proposed Collection; Comment Request for Regulation Project, 2651 [E9-756]
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Federal Register / Vol. 74, No. 10 / Thursday, January 15, 2009 / Notices
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.
jlentini on PROD1PC65 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Request for Prompt Assessment
Under Internal Revenue Code Section
6501(d).
OMB Number: 1545–0430.
Form Number: 4810.
Abstract: Fiduciaries representing a
dissolving corporation or a decedent’s
estate may request a prompt assessment
of tax under Internal Revenue Code
section 6501(d). Form 4810 is used to
help locate the return and expedite the
processing of the taxpayer’s request.
Current Actions: The form has been
redesigned, but there is no change in
burden.
Type of Review: Revision of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations, farms, and the Federal
government.
Estimated Number of Respondents:
4,000.
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 2,000.
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
VerDate Nov<24>2008
18:58 Jan 14, 2009
Jkt 217001
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: December 15, 2008.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–754 Filed 1–14–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209040–88]
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 notice of proposed rulemaking,
REG–209040–88, Qualified Electing
Fund Elections (§ 1.1295).
DATES: Written comments should be
received on or before March 16, 2009 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 this regulation 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: Qualified Electing Fund
Elections.
OMB Number: 1545–1514.
Regulation Project Number: REG–
209040–88.
Abstract: This regulation permits
certain shareholders to make a special
election under Internal Revenue Code
section 1295 with respect to certain
preferred shares of a passive foreign
investment company. This special
election operates in lieu of the regular
PO 00000
Frm 00144
Fmt 4703
Sfmt 4703
2651
section 1295 election and requires less
annual reporting. Electing preferred
shareholders must account for dividend
income under the special rules of the
regulation, rather than under the general
income inclusion rules of section 1293.
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
organizations, and individuals.
Estimated Number of Respondents:
1,030.
Estimated Time per Respondent:
Varies.
Estimated Total Annual Burden
Hours: 600.
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: December 16, 2008.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–756 Filed 1–14–09; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\15JAN1.SGM
15JAN1
]]>Agencies
[Federal Register Volume 74, Number 10 (Thursday, January 15, 2009)]
[Notices]
[Page 2651]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-756]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-209040-88]
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 notice of proposed rulemaking, REG-209040-88, Qualified
Electing Fund Elections (Sec. 1.1295).
DATES: Written comments should be received on or before March 16, 2009
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 this regulation 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: Qualified Electing Fund Elections.
OMB Number: 1545-1514.
Regulation Project Number: REG-209040-88.
Abstract: This regulation permits certain shareholders to make a
special election under Internal Revenue Code section 1295 with respect
to certain preferred shares of a passive foreign investment company.
This special election operates in lieu of the regular section 1295
election and requires less annual reporting. Electing preferred
shareholders must account for dividend income under the special rules
of the regulation, rather than under the general income inclusion rules
of section 1293.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations, not-
for-profit organizations, and individuals.
Estimated Number of Respondents: 1,030.
Estimated Time per Respondent: Varies.
Estimated Total Annual Burden Hours: 600.
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: December 16, 2008.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-756 Filed 1-14-09; 8:45 am]
BILLING CODE 4830-01-P
