Proposed Collection; Comment Request for Regulation Project, 7106 [E9-2950]
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7106
Federal Register / Vol. 74, No. 28 / Thursday, February 12, 2009 / Notices
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: February 4, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–2949 Filed 2–11–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[FI–54–93]
Proposed Collection; Comment
Request for Regulation Project
pwalker on PROD1PC71 with NOTICES
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, FI–54–93 (TD
8554), Clear Reflection of Income in the
Case of Hedging Transactions (§ 1.146–
4(d)).
VerDate Nov<24>2008
18:39 Feb 11, 2009
Jkt 217001
DATES: Written comments should be
received on or before April 13, 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 the regulations should be
directed to Allan Hopkins at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–6665, or
through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Clear Reflection of Income in
the Case of Hedging Transactions.
OMB Number: 1545–1412. Regulation
Project Number: FI–54–93.
Abstract: This regulation provides
guidance to taxpayers regarding when
gain or loss from common business
hedging transactions is recognized for
tax purposes and requires that the books
and records maintained by a taxpayer
disclose the method or methods used to
account for different types of hedging
transactions.
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:
110,000.
Estimated Time per Respondent: 12
minutes.
Estimated Total Annual Burden
Hours: 22,000.
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:
PO 00000
Frm 00074
Fmt 4703
Sfmt 4703
(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: February 4, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–2950 Filed 2–11–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
Suburban Federal Savings Bank
Crofton, MD; Notice of Appointment of
Receiver
Notice is hereby given that, pursuant
to the authority contained in section
5(d)(2) of the Home Owners’ Loan Act,
the Office of Thrift Supervision has duly
appointed the Federal Deposit Insurance
Corporation as sole Receiver for
Suburban Federal Savings Bank,
Crofton, Maryland (OTS No. 05875).
Dated: January 30, 2009.
By the Office of Thrift Supervision.
Sandra E. Evans,
Federal Register Liaison.
[FR Doc. E9–2936 Filed 2–11–09; 8:45 am]
BILLING CODE 6720–01–M
DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
[AC–28 OTS Nos. 0373 and 114566]
Newton County Loan and Savings,
FSB, Goodland, IN; Approval of
Conversion Application
Notice is hereby given that on January
8, 2009, the Office of Thrift Supervision
approved the application of Newton
County Loan and Savings, FSB,
Goodland, Indiana, to convert to the
stock form of organization.
E:\FR\FM\12FEN1.SGM
12FEN1
]]>Agencies
[Federal Register Volume 74, Number 28 (Thursday, February 12, 2009)]
[Notices]
[Page 7106]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-2950]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[FI-54-93]
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, FI-54-93 (TD 8554), Clear Reflection of
Income in the Case of Hedging Transactions (Sec. 1.146-4(d)).
DATES: Written comments should be received on or before April 13, 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 the regulations should be directed to Allan Hopkins at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622-6665, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Clear Reflection of Income in the Case of Hedging
Transactions.
OMB Number: 1545-1412. Regulation Project Number: FI-54-93.
Abstract: This regulation provides guidance to taxpayers regarding
when gain or loss from common business hedging transactions is
recognized for tax purposes and requires that the books and records
maintained by a taxpayer disclose the method or methods used to account
for different types of hedging transactions.
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.
Estimated Number of Respondents: 110,000.
Estimated Time per Respondent: 12 minutes.
Estimated Total Annual Burden Hours: 22,000.
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: February 4, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-2950 Filed 2-11-09; 8:45 am]
BILLING CODE 4830-01-P
