Proposed Collection; Comment Request for Form 5735 and Schedule P (Form 5735), 29017 [E9-14272]

Download as PDF Federal Register / Vol. 74, No. 116 / Thursday, June 18, 2009 / Notices usually meets immediately before the Treasury announces each mid-calendar quarter funding operation, although special meetings also may be held. Membership consists of up to 20 representative members, appointed by Treasury. The members are senior level officials who are employed by primary dealers, institutional investors, and other major participants in the government securities and financial markets. The Designated Federal Official for the Advisory Committee is the Director of the Office of Debt Management. The Treasury Department is filing copies of the Committee’s renewal charter with appropriate committees in Congress. Dated: June 1, 2009. Karthik Ramanathan, Acting Assistant Secretary, Financial Markets. [FR Doc. E9–14282 Filed 6–17–09; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 5735 and Schedule P (Form 5735) 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 5735, Possessions Corporation Tax Credit (Under Sections 936 and 30A), and Schedule P (Form 5735), Allocation of Income and Expenses Under Section 936(h)(5). DATES: Written comments should be received on or before August 17, 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 form and instructions should be directed to Dawn Bidne, at (202) 622–3933, or at Internal Revenue Service, Room 6129, 1111 Constitution VerDate Nov<24>2008 21:58 Jun 17, 2009 Jkt 217001 Avenue, NW., Washington, DC 20224, or through the Internet at Dawn.E.Bidne@irs.gov. SUPPLEMENTARY INFORMATION: Title: Possessions Corporation Tax Credit (Under sections 936 and 30A), and Allocation of Income and Expenses Under Section 936(h)(5). OMB Number: 1545–0217. Form Number: Form 5735 and Schedule P (Form 5735). Abstract: Form 5735 is used to compute the possessions corporation tax credit under sections 936 and 30A. Schedule P (Form 5735) is used by corporations that elect to share their income or expenses with their affiliates. The forms provide the IRS with information to determine if the corporations have computed the tax credit and the cost-sharing or profit-split method of allocating income and expenses. Current Actions: There are no changes being made to the forms at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 10. Estimated Time per Respondent: 12 hours, 42 minutes. Estimated Total Annual Burden Hours: 127. 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 PO 00000 Frm 00139 Fmt 4703 Sfmt 4703 29017 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: June 5, 2009. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. E9–14272 Filed 6–17–09; 8:45 am] BILLING CODE 4830–01–P TENNESSEE VALLEY AUTHORITY Environmental Impact Statement for Muscle Shoals Reservation Redevelopment AGENCY: Tennessee Valley Authority (TVA). ACTION: Notice of intent. SUMMARY: The Tennessee Valley Authority (TVA) will prepare an environmental impact statement (EIS) addressing the impacts of the disposal and alternative future uses of approximately 1,380 contiguous acres of land on its Muscle Shoals Reservation (MSR) in Colbert County, Alabama. Public comment is invited concerning both the scope of the EIS and environmental issues that should be addressed in the EIS. DATES: Comments on the scope and environmental issues for the EIS should be received no later than Wednesday, August 5, 2009, to ensure consideration. ADDRESSES: Written comments should be sent to Stanford E. Davis, Senior NEPA Specialist, NEPA Resources, Environmental Services and Programs, 400 West Summit Hill Drive, Knoxville, Tennessee 37902. Comments may also be submitted via TVA’s Web site at https://www.tva.gov/environment/ reports/comments.htm or submitted by fax at 865/632–3451. SUPPLEMENTARY INFORMATION: Background This notice is provided in accordance with the Council on Environmental Quality’s regulations (40 CFR parts 1500 to 1508), TVA’s procedures implementing the National Environmental Policy Act (NEPA), and Section 106 of the National Historic Preservation Act (NHPA) and its implementing regulations (36 CFR part 800). The MSR is geographically located in the center of the cities of Florence, Muscle Shoals, Sheffield, and Tuscumbia. The Federal property that is the subject of this EIS includes the area bounded by Reservation Road on the E:\FR\FM\18JNN1.SGM 18JNN1

Agencies

[Federal Register Volume 74, Number 116 (Thursday, June 18, 2009)]
[Notices]
[Page 29017]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-14272]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 5735 and Schedule P 
(Form 5735)

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 5735, Possessions Corporation Tax Credit (Under Sections 936 and 
30A), and Schedule P (Form 5735), Allocation of Income and Expenses 
Under Section 936(h)(5).

DATES: Written comments should be received on or before August 17, 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 form and instructions should be directed to Dawn Bidne, 
at (202) 622-3933, or at Internal Revenue Service, Room 6129, 1111 
Constitution Avenue, NW., Washington, DC 20224, or through the Internet 
at Dawn.E.Bidne@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Possessions Corporation Tax Credit (Under sections 936 and 
30A), and Allocation of Income and Expenses Under Section 936(h)(5).
    OMB Number: 1545-0217.
    Form Number: Form 5735 and Schedule P (Form 5735).
    Abstract: Form 5735 is used to compute the possessions corporation 
tax credit under sections 936 and 30A. Schedule P (Form 5735) is used 
by corporations that elect to share their income or expenses with their 
affiliates. The forms provide the IRS with information to determine if 
the corporations have computed the tax credit and the cost-sharing or 
profit-split method of allocating income and expenses.
    Current Actions: There are no changes being made to the forms at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 10.
    Estimated Time per Respondent: 12 hours, 42 minutes.
    Estimated Total Annual Burden Hours: 127.
    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: June 5, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-14272 Filed 6-17-09; 8:45 am]
BILLING CODE 4830-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.