Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 17505-17506 [E9-8661]
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Federal Register / Vol. 74, No. 71 / Wednesday, April 15, 2009 / Notices
Washington, DC 20593–0001.
Telephone (202) 372–1401, fax (202)
372–1926, or e-mail at:
Gerald.P.Miante@uscg.mil.
SUPPLEMENTARY INFORMATION: Notice of
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Federal Advisory Committee Act, 5
U.S.C. App. (Pub. L. 92–463).
rwilkins on PROD1PC63 with PROPOSALS
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NVIC 04–01 Working Group. The
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discuss possible revisions to NVIC 04–
01, Licensing and Manning for Officers
of Towing Vessels, including the
enclosures on the Towing Officer
Assessment Records (TOARs). The
current version of the NVIC can be
viewed at https://www.uscg.mil/hq/g-m/
nvic/index00.htm#2001.
Working Group for Clarification of
Current Licensing Regulations
pertaining to Apprentice Mates
(Steersmen). In the wake of the recent
collision between the towing vessel Mel
Oliver and tanker Tintomara, TSAC will
study and clarify current regulations
and develop Best Practices for
Apprentice Mates/Steersman Training
Programs.
Towing Safety Advisory Committee.
The tentative agenda for the Committee
is as follows:
(1) Update of the Towing Vessel
Inspection Working Group;
(2) Update on Commercial/
Recreational Boating Interface;
(3) Report on the Review and
Recommendations for the Revision of
NVIC 4–01 ‘‘Licensing and Manning for
Officers of Towing Vessels;’’
(4) Report on the Review and
Recommendations for the Clarification
of Current Licensing Regulations
pertaining to Apprentice Mates
(Steersmen);
(5) Update on National Maritime
Center (NMC) activities;
(6) Presentation on Automatic
Identification System/Advance Notice
of Arrival (AIS/ANA);
(8) Presentation on the Transportation
Worker Identification Credential
(TWIC); and
(9) Presentation on Bridging Strategy
and Towing Vessel Center of Expertise.
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early if all business is finished. At the
Chair’s discretion, members of the
public may make oral presentations
during the meetings. If you would like
VerDate Nov<24>2008
16:44 Apr 14, 2009
Jkt 217001
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would like a copy of your material
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advance of a meeting, please submit it
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distribution, no later than April 24,
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Meeting. Please understand that the
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meetings, contact the ADFO as soon as
possible.
Dated: April 9, 2009.
J.G. Lantz,
Director of Commercial Regulations and
Standards.
[FR Doc. E9–8615 Filed 4–14–09; 8:45 am]
BILLING CODE 4910–15–P
DEPARTMENT OF HOMELAND
SECURITY
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in
Calculating Interest on Overdue
Accounts and Refunds on Customs
Duties
AGENCY: Customs and Border Protection,
Department of Homeland Security.
ACTION: General notice.
SUMMARY: This notice advises the public
of the quarterly Internal Revenue
Service interest rates used to calculate
interest on overdue accounts
(underpayments) and refunds
(overpayments) of customs duties. For
the calendar quarter beginning April 1,
2009, the interest rates for overpayments
will be 3 percent for corporations and 4
percent for non-corporations, and the
interest rate for underpayments will be
4 percent. This notice is published for
the convenience of the importing public
and Customs and Border Protection
personnel.
PO 00000
Frm 00059
Fmt 4703
Sfmt 4703
DATES:
17505
Effective Date: April 1, 2009.
FOR FURTHER INFORMATION CONTACT: Ron
Wyman, Revenue Division, Collection
and Refunds Branch, 6650 Telecom
Drive, Suite #100, Indianapolis, Indiana
46278; telephone (317) 614–4516.
SUPPLEMENTARY INFORMATION:
Background
Pursuant to 19 U.S.C. 1505 and
Treasury Decision 85–93, published in
the Federal Register on May 29, 1985
(50 FR 21832), the interest rate paid on
applicable overpayments or
underpayments of customs duties must
be in accordance with the Internal
Revenue Code rate established under 26
U.S.C. 6621 and 6622. Section 6621 was
amended (at paragraph (a)(1)(B) by the
Internal Revenue Service Restructuring
and Reform Act of 1998, Public Law
105–206, 112 Stat. 685) to provide
different interest rates applicable to
overpayments: one for corporations and
one for non-corporations.
The interest rates are based on the
Federal short-term rate and determined
by the Internal Revenue Service (IRS) on
behalf of the Secretary of the Treasury
on a quarterly basis. The rates effective
for a quarter are determined during the
first-month period of the previous
quarter.
In Revenue Ruling 2009–7, the IRS
determined the rates of interest for the
calendar quarter beginning April 1,
2009, and ending on June 30, 2009. The
interest rate paid to the Treasury for
underpayments will be the Federal
short-term rate (1%) plus three
percentage points (3%) for a total of four
percent (4%). For corporate
overpayments, the rate is the Federal
short-term rate (1%) plus two
percentage points (2%) for a total of
three percent (3%). For overpayments
made by non-corporations, the rate is
the Federal short-term rate (1%) plus
three percentage points (3%) for a total
of four percent (4%). These interest
rates are subject to change for the
calendar quarter beginning July 1, 2009,
and ending September 30, 2009.
For the convenience of the importing
public and Customs and Border
Protection personnel the following list
of IRS interest rates used, covering the
period from before July of 1974 to date,
to calculate interest on overdue
accounts and refunds of customs duties,
is published in summary format.
E:\FR\FM\15APN1.SGM
15APN1
17506
Federal Register / Vol. 74, No. 71 / Wednesday, April 15, 2009 / Notices
Ending
date
Beginning date
070174
070175
020176
020178
020180
020182
010183
070183
010185
070185
010186
070186
010187
100187
010188
040188
100188
040189
100189
040191
010192
040192
100192
070194
100194
040195
070195
040196
070196
040198
010199
040199
040100
040101
070101
010102
010103
100103
040104
070104
100104
040105
100105
070106
010108
040108
070108
100108
010109
040109
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Dated: April 10, 2009.
Jayson P. Ahern,
Acting Commissioner, U.S. Customs and
Border Protection.
[FR Doc. E9–8661 Filed 4–14–09; 8:45 am]
rwilkins on PROD1PC63 with PROPOSALS
BILLING CODE 9110–06–P
Underpayments
(percent)
063075
013176
013178
013180
013182
123182
063083
123184
063085
123185
063086
123186
093087
123187
033188
093088
033189
093089
033191
123191
033192
093092
063094
093094
033195
063095
033196
063096
033198
123198
033199
033100
033101
063001
123101
123102
093003
033104
063004
093004
033105
093005
063006
123107
033108
063008
093008
123108
033109
063009
DEPARTMENT OF THE INTERIOR
Minerals Management Service
Environmental Documents Prepared
for Proposed Oil, Gas, and Mineral
Operations by the Gulf of Mexico Outer
Continental Shelf (OCS) Region
AGENCY: Minerals Management Service,
Interior.
ACTION: Notice of the availability of
environmental documents prepared for
OCS mineral proposals by the Gulf of
Mexico OCS region.
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16:44 Apr 14, 2009
Jkt 217001
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Frm 00060
Fmt 4703
Sfmt 4703
Overpayments
(percent)
6
9
7
6
12
20
16
11
13
11
10
9
9
10
11
10
11
12
11
10
9
8
7
8
9
10
9
8
9
8
7
8
9
8
7
6
5
4
5
4
5
6
7
8
7
6
5
6
5
4
6
9
7
6
12
20
16
11
13
11
10
9
8
9
10
9
10
11
10
9
8
7
6
7
8
9
8
7
8
7
7
8
9
8
7
6
5
4
5
4
5
6
7
8
7
6
5
6
5
4
Corporate
overpayments
(Eff. 1–1–99)
(percent)
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............................
............................
............................
............................
............................
............................
6
7
8
7
6
5
4
3
4
3
4
5
6
7
6
5
4
5
4
3
SUMMARY: Minerals Management Service
(MMS), in accordance with Federal
Regulations that implement the National
Environmental Policy Act (NEPA),
announces the availability of NEPArelated Site-Specific Environmental
Assessments (SEA) and Findings of No
Significant Impact (FONSI), prepared by
MMS for the following oil-, gas-, and
mineral-related activities proposed on
the Gulf of Mexico and Atlantic OCS.
FOR FURTHER INFORMATION CONTACT:
Public Information Unit, Information
Services Section at the number below.
Minerals Management Service, Gulf of
Mexico OCS Region, Attention: Public
E:\FR\FM\15APN1.SGM
15APN1
]]>Agencies
[Federal Register Volume 74, Number 71 (Wednesday, April 15, 2009)]
[Notices]
[Pages 17505-17506]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-8661]
-----------------------------------------------------------------------
DEPARTMENT OF HOMELAND SECURITY
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in Calculating Interest on
Overdue Accounts and Refunds on Customs Duties
AGENCY: Customs and Border Protection, Department of Homeland Security.
ACTION: General notice.
-----------------------------------------------------------------------
SUMMARY: This notice advises the public of the quarterly Internal
Revenue Service interest rates used to calculate interest on overdue
accounts (underpayments) and refunds (overpayments) of customs duties.
For the calendar quarter beginning April 1, 2009, the interest rates
for overpayments will be 3 percent for corporations and 4 percent for
non-corporations, and the interest rate for underpayments will be 4
percent. This notice is published for the convenience of the importing
public and Customs and Border Protection personnel.
DATES: Effective Date: April 1, 2009.
FOR FURTHER INFORMATION CONTACT: Ron Wyman, Revenue Division,
Collection and Refunds Branch, 6650 Telecom Drive, Suite 100,
Indianapolis, Indiana 46278; telephone (317) 614-4516.
SUPPLEMENTARY INFORMATION:
Background
Pursuant to 19 U.S.C. 1505 and Treasury Decision 85-93, published
in the Federal Register on May 29, 1985 (50 FR 21832), the interest
rate paid on applicable overpayments or underpayments of customs duties
must be in accordance with the Internal Revenue Code rate established
under 26 U.S.C. 6621 and 6622. Section 6621 was amended (at paragraph
(a)(1)(B) by the Internal Revenue Service Restructuring and Reform Act
of 1998, Public Law 105-206, 112 Stat. 685) to provide different
interest rates applicable to overpayments: one for corporations and one
for non-corporations.
The interest rates are based on the Federal short-term rate and
determined by the Internal Revenue Service (IRS) on behalf of the
Secretary of the Treasury on a quarterly basis. The rates effective for
a quarter are determined during the first-month period of the previous
quarter.
In Revenue Ruling 2009-7, the IRS determined the rates of interest
for the calendar quarter beginning April 1, 2009, and ending on June
30, 2009. The interest rate paid to the Treasury for underpayments will
be the Federal short-term rate (1%) plus three percentage points (3%)
for a total of four percent (4%). For corporate overpayments, the rate
is the Federal short-term rate (1%) plus two percentage points (2%) for
a total of three percent (3%). For overpayments made by non-
corporations, the rate is the Federal short-term rate (1%) plus three
percentage points (3%) for a total of four percent (4%). These interest
rates are subject to change for the calendar quarter beginning July 1,
2009, and ending September 30, 2009.
For the convenience of the importing public and Customs and Border
Protection personnel the following list of IRS interest rates used,
covering the period from before July of 1974 to date, to calculate
interest on overdue accounts and refunds of customs duties, is
published in summary format.
[[Page 17506]]
----------------------------------------------------------------------------------------------------------------
Corporate
Underpayments Overpayments overpayments
Beginning date Ending date (percent) (percent) (Eff. 1-1-99)
(percent)
----------------------------------------------------------------------------------------------------------------
070174.................................. 063075 6 6 ................
070175.................................. 013176 9 9 ................
020176.................................. 013178 7 7 ................
020178.................................. 013180 6 6 ................
020180.................................. 013182 12 12 ................
020182.................................. 123182 20 20 ................
010183.................................. 063083 16 16 ................
070183.................................. 123184 11 11 ................
010185.................................. 063085 13 13 ................
070185.................................. 123185 11 11 ................
010186.................................. 063086 10 10 ................
070186.................................. 123186 9 9 ................
010187.................................. 093087 9 8 ................
100187.................................. 123187 10 9 ................
010188.................................. 033188 11 10 ................
040188.................................. 093088 10 9 ................
100188.................................. 033189 11 10 ................
040189.................................. 093089 12 11 ................
100189.................................. 033191 11 10 ................
040191.................................. 123191 10 9 ................
010192.................................. 033192 9 8 ................
040192.................................. 093092 8 7 ................
100192.................................. 063094 7 6 ................
070194.................................. 093094 8 7 ................
100194.................................. 033195 9 8 ................
040195.................................. 063095 10 9 ................
070195.................................. 033196 9 8 ................
040196.................................. 063096 8 7 ................
070196.................................. 033198 9 8 ................
040198.................................. 123198 8 7 ................
010199.................................. 033199 7 7 6
040199.................................. 033100 8 8 7
040100.................................. 033101 9 9 8
040101.................................. 063001 8 8 7
070101.................................. 123101 7 7 6
010102.................................. 123102 6 6 5
010103.................................. 093003 5 5 4
100103.................................. 033104 4 4 3
040104.................................. 063004 5 5 4
070104.................................. 093004 4 4 3
100104.................................. 033105 5 5 4
040105.................................. 093005 6 6 5
100105.................................. 063006 7 7 6
070106.................................. 123107 8 8 7
010108.................................. 033108 7 7 6
040108.................................. 063008 6 6 5
070108.................................. 093008 5 5 4
100108.................................. 123108 6 6 5
010109.................................. 033109 5 5 4
040109.................................. 063009 4 4 3
----------------------------------------------------------------------------------------------------------------
Dated: April 10, 2009.
Jayson P. Ahern,
Acting Commissioner, U.S. Customs and Border Protection.
[FR Doc. E9-8661 Filed 4-14-09; 8:45 am]
BILLING CODE 9110-06-P
