Submission for OMB Review; Comment Request, 37768 [E9-18109]

Agencies

• DEPARTMENT OF THE TREASURY
• Department of Treasury

[Federal Register Volume 74, Number 144 (Wednesday, July 29, 2009)]
[Notices]
[Page 37768]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-18109]



[[Page 37768]]

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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

July 23, 2009.
    The Department of Treasury will submit the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or 
after the date of publication of this notice. Copies of the 
submission(s) may be obtained by calling the Treasury Bureau Clearance 
Officer listed. Comments regarding this information collection should 
be addressed to the OMB reviewer listed and to the Treasury Department 
Clearance Officer, Department of the Treasury, Room 11000, and 1750 
Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or August 28, 2009 to be 
assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0190.
    Type of Review: Extension.
    Form: 4876-A.
    Title: Election to be treated as an Interest Charge DISC.
    Description: A domestic corporation and its shareholders must elect 
to be an interest charge domestic international sales corporation (IC-
DISC). Form 4876-A is used to make the election. IRS uses the 
information to determine if the corporation qualifies to be an IC-DISC.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 6,360 hours.

    OMB Number: 1545-1995.
    Type of Review: Extension.
    Title: Notice 2006-27, Certification of Energy Efficient Home 
Credit.
    Description: This notice sets forth a process under which a 
taxpayer who constructs a dwelling unit (other than a manufactured 
home) may obtain a certification that the dwelling unit is an energy 
efficient home that satisfies the requirements of Sec. 45L(c)(1) (A) 
and (B) of the Internal Revenue Code. This notice is intended to 
provide (1) guidance concerning the methods by which taxpayers can 
construct dwelling units to meet the energy efficiency requirements of 
Sec. 45L and certify such units for purposes of the credit, and (2) 
guidance concerning which software programs can be used to complete the 
calculations
    Respondents: Individuals and Households.
    Estimated Total Burden Hours: 135 hours.

    OMB Number: 1545-1251.
    Type of Review: Extension.
    Title: PS-5-91 (Final) Limitations on Percentage Depletion in the 
Case of Oil and Gas Wells.
    Description: Section 1.613A-3(e)(6)(i) of the regulations requires 
each partner to separately keep records of the partner's share of the 
adjusted basis of partnership oil and gas property.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 49,950 hours.

    OMB Number: 1545-1990.
    Type of Review: Extension.
    Title: Application of section 338 to Insurance Companies.
    Description: These regulations will allow companies to 
retroactively apply the regulations to transactions completed prior to 
the effective data and to stop an election to use a historic loss 
payment pattern.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 12 hours.

    OMB Number: 1545-0973.
    Type of Review: Extension.
    Form: 8569.
    Title: Geographic Availability Statement.
    Description: The data collected from this form is used by the 
executive panels responsible for screening internal and external 
applicants for the SES Candidate Development Program, and other 
executive position.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 84 hours.

    OMB Number: 1545-1499.
    Type of Review: Extension.
    Title: Revenue Procedure 2006-10 Acceptance Agents.
    Description: Revenue Procedure 2006-10 describes application 
procedures for becoming an acceptance agent and the requisite agreement 
that an agent must execute with IRS.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 24,960 hours.

    OMB Number: 1545-2133.
    Type of Review: Revision.
    Title: Rev. Proc. 2009-16, Section 168(k)(4) Election Procedures 
and Rev. Proc. 2009-XX, Section 168(k)(4) Extension Property Elections.
    Description: Rev. Proc. 2009-16 provides the time and manner for 
making the election to apply section 168(k)(4) of the Internal Revenue 
Code, for making the allocation of the bonus depreciation amount to 
increase certain limitation, and for making the election to apply 
section 3081(b) of the Housing and Economic Recovery Act of 2008. It 
provides the time and manner for a corporation to make the elections 
provided under new section 168(k)(4)(H) of the Internal Revenue Code 
with respect to the acceleration of claiming research or alternative 
minimum tax credits in lieu of claiming the bonus depreciation 
deduction.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 5,400 hours.

    OMB Number: 1545-0865.
    Type of Review: Extension.
    Form: 8918.
    Title: Material Advisor Disclosure Statement.
    Description: The American Jobs Creation Act of 2004, Public Law 
108-357, 118 Stat. 1418, (AJCA) was enacted on October 22, 2004. 
Section 815 of the AJCA amended section 6111 to require each material 
advisor with respect to any reportable transaction to make a return (in 
such form as the Secretary may prescribe) setting forth: (1) 
Information identifying and describing the transaction; (2) information 
describing any potential tax benefits expected to result from the 
transaction; and (3) such other information as the Secretary may 
prescribe.
    Respondents: Businesses or other for-profits.
    Estimated Total Burden Hours: 3,959 hours.
    Clearance Officer: R. Joseph Durbala (202) 622-3634, Internal 
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, 
DC 20224.
    OMB Reviewer: Shagufta Ahmed, (202) 395-7873, Office of Management 
and Budget, Room 10235, New Executive Office Building, Washington, DC 
20503.

Celina Elphage,
Treasury PRA Clearance Officer.
[FR Doc. E9-18109 Filed 7-28-09; 8:45 am]
BILLING CODE 4830-01-P