Proposed Collection; Comment Request for Form 8594, 32032-32033 [E9-15719]
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32032
Federal Register / Vol. 74, No. 127 / Monday, July 6, 2009 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 4626
mstockstill on PROD1PC66 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 Form
4626, Asset Acquisition Statement.
DATES: Written comments should be
received on or before September 4, 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 Evelyn J. Mack, at
(202) 622–7381, or at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
Evelyn.J.Mack@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Alternative Minimum Tax—
Corporations.
OMB Number: 1545–0175.
Form Number: 4626.
Abstract: Section 55 of the Internal
Revenue Code imposes an alternative
minimum tax. The tax is 20% of the
amount by which a corporation’s
taxable income adjusted by the items
listed in sections 56 and 58, and by the
tax preference items listed in section 57,
exceed an exemption amount. This
result is reduced by the alternative
minimum tax foreign tax credit. If this
result is more than the corporation’s
regular tax liability before all credits
(except the foreign tax and possessions
tax credits), the difference is added to
the tax liability. Form 4626 provides a
line-by-line computation of the
alternative minimum tax.
Current Actions: There are no changes
being made to Form 8594 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals.
VerDate Nov<24>2008
17:06 Jul 02, 2009
Jkt 217001
Estimated Number of Respondents:
60,000.
Estimated Time per Respondent: 43
hrs., 52 minutes.
Estimated Total Annual Burden
Hours: 2,611,200.
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 24, 2009.
Allan Hopkins,
IRS Reports Clearance Officer.
[FR Doc. E9–15718 Filed 7–2–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8594
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
PO 00000
Frm 00124
Fmt 4703
Sfmt 4703
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
8594, Asset Acquisition Statement.
DATES: Written comments should be
received on or before September 4, 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 Evelyn J. Mack, at
(202) 622–7381, or at Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
Evelyn.J.Mack@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Asset Acquisition Statement.
OMB Number: 1545–1021.
Form Number: 8594.
Abstract: Internal Revenue Code
section 1060 requires reporting to the
IRS by the buyer and seller of the total
consideration paid for assets in an
applicable asset acquisition. The
information required to be reported
includes the amount allocated to
goodwill or going concern value. Form
8594 is used to report this information.
Current Actions: There are no changes
being made to Form 8594 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals.
Estimated Number of Respondents:
13,200.
Estimated Time per Respondent: 16
hrs., 28 minutes.
Estimated Total Annual Burden
Hours: 217,272.
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
E:\FR\FM\06JYN1.SGM
06JYN1
Federal Register / Vol. 74, No. 127 / Monday, July 6, 2009 / Notices
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 23, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–15719 Filed 7–2–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8752
mstockstill on PROD1PC66 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 Form
8752, Required Payment or Refund
Under Section 7519.
DATES: Written comments should be
received on or before September 4, 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 this
regulation should be directed to Dawn
Bidne at (202) 622–3933, Internal
Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or through the Internet at
Dawn.E.Bidne@irs.gov.
VerDate Nov<24>2008
17:06 Jul 02, 2009
Jkt 217001
SUPPLEMENTARY INFORMATION:
Title: Required Payment or Refund
Under Section 7519.
OMB Number: 1545–1181.
Form Number: 8752.
Abstract: Partnerships and S
corporations use Form 8752 to compute
and report the payment required under
Internal Revenue Code section 7519 or
to obtain a refund of net prior year
payments. Such payments are required
of any partnership or S corporation that
has elected under Code section 444 to
have a tax year other than a required tax
year.
Current Actions: There is no change
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and farms.
Estimated Number of Respondents:
72,000.
Estimated Time per Respondent: 7 hr.,
52 min.
Estimated Total Annual Burden
Hours: 565,920.
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.
PO 00000
Frm 00125
Fmt 4703
Sfmt 4703
32033
Approved: June 24, 2009.
Allan Hopkins,
IRS Reports Clearance Officer.
[FR Doc. E9–15720 Filed 7–2–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 3520–A
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
3520–A, Annual Information Return of
Foreign Trust With a U.S. Owner.
DATES: Written comments should be
received on or before September 4, 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: Annual Information Return of
Foreign Trust With A U.S. owner.
OMB Number: 1545–0160.
Form Number: 3520–A.
Abstract: Internal Revenue Code
section 6048(b) requires that foreign
trusts with at least one U.S. beneficiary
must file an annual information return.
Form 8520–A is used to report the
income and deductions of the foreign
trust and provide statements to the U.S.
owners and beneficiaries. IRS uses Form
3820–A to determine if the U.S. owner
of the trust has included the net income
of the trust in its gross income.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
E:\FR\FM\06JYN1.SGM
06JYN1
]]>Agencies
[Federal Register Volume 74, Number 127 (Monday, July 6, 2009)]
[Notices]
[Pages 32032-32033]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-15719]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8594
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 8594, Asset Acquisition Statement.
DATES: Written comments should be received on or before September 4,
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 Evelyn J.
Mack, at (202) 622-7381, or at Internal Revenue Service, Room 6516,
1111 Constitution Avenue, NW., Washington, DC 20224, or through the
Internet, at Evelyn.J.Mack@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Asset Acquisition Statement.
OMB Number: 1545-1021.
Form Number: 8594.
Abstract: Internal Revenue Code section 1060 requires reporting to
the IRS by the buyer and seller of the total consideration paid for
assets in an applicable asset acquisition. The information required to
be reported includes the amount allocated to goodwill or going concern
value. Form 8594 is used to report this information.
Current Actions: There are no changes being made to Form 8594 at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals.
Estimated Number of Respondents: 13,200.
Estimated Time per Respondent: 16 hrs., 28 minutes.
Estimated Total Annual Burden Hours: 217,272.
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
[[Page 32033]]
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 23, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-15719 Filed 7-2-09; 8:45 am]
BILLING CODE 4830-01-P
