Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 38213-38214 [E9-18371]
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38213
Federal Register / Vol. 74, No. 146 / Friday, July 31, 2009 / Notices
If additional information is required
contact: Tracey Denning, U.S. Customs
and Border Protection, Office of
Regulations and Rulings, 799 9th Street,
NW., 7th Floor, Washington, DC 20229–
1177, at 202–325–0265.
Dated: July 27, 2009.
Tracey Denning,
Agency Clearance Officer, Customs and
Border Protection.
[FR Doc. E9–18373 Filed 7–30–09; 8:45 am]
BILLING CODE 9111–14–P
DEPARTMENT OF HOMELAND
SECURITY
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: July 1, 2009.
Ron
Wyman, Revenue Division, Collection
and Refunds Branch, 6650 Telecom
Drive, Suite #100, Indianapolis, Indiana
46278; telephone (317) 614–4516.
SUPPLEMENTARY INFORMATION:
FOR FURTHER INFORMATION CONTACT:
Background
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 July 1,
2009, the interest rates for overpayments
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
PWALKER on DSK8KYBLC1PROD with NOTICES
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
VerDate Nov<24>2008
16:38 Jul 30, 2009
Jkt 217001
Under-payments
(percent)
Ending date
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PO 00000
Frm 00049
Fmt 4703
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 2009–17, the IRS
determined the rates of interest for the
calendar quarter beginning July 1, 2009,
and ending on September 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 October 1,
2009, and ending December 31, 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.
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
Sfmt 4703
E:\FR\FM\31JYN1.SGM
Over-payments
(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
31JYN1
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
Corporate Overpayments
(Eff. 1–1–99)
(percent)
6
38214
Federal Register / Vol. 74, No. 146 / Friday, July 31, 2009 / Notices
Beginning date
040199
040100
040101
070101
010102
010103
100103
040104
070104
100104
040105
100105
070106
010108
040108
070108
100108
010109
040109
.............................................................................................
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Dated: July 27, 2009.
Jayson P. Ahern,
Acting Commissioner, U.S. Customs and
Border Protection.
[FR Doc. E9–18371 Filed 7–30–09; 8:45 am]
BILLING CODE 9111–14–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5280–N–29]
Federal Property Suitable as Facilities
To Assist the Homeless
PWALKER on DSK8KYBLC1PROD with NOTICES
AGENCY: Office of the Assistant
Secretary for Community Planning and
Development, HUD.
ACTION: Notice.
SUMMARY: This Notice identifies
unutilized, underutilized, excess, and
surplus Federal property reviewed by
HUD for suitability for possible use to
assist the homeless.
FOR FURTHER INFORMATION CONTACT:
Kathy Ezzell, Department of Housing
and Urban Development, 451 Seventh
Street, SW., Room 7266, Washington,
DC 20410; telephone (202) 708–1234;
TTY number for the hearing- and
speech-impaired (202) 708–2565 (these
telephone numbers are not toll-free), or
call the toll-free Title V information line
at 800–927–7588.
SUPPLEMENTARY INFORMATION: In
accordance with 24 CFR part 581 and
section 501 of the Stewart B. McKinney
Homeless Assistance Act (42 U.S.C.
11411), as amended, HUD is publishing
this Notice to identify Federal buildings
and other real property that HUD has
reviewed for suitability for use to assist
the homeless. The properties were
VerDate Nov<24>2008
16:38 Jul 30, 2009
Jkt 217001
Under-payments
(percent)
Ending date
033100
033101
063001
123101
123102
093003
033104
063004
093004
033105
093005
063006
123107
033108
063008
093008
123108
033109
093009
reviewed using information provided to
HUD by Federal landholding agencies
regarding unutilized and underutilized
buildings and real property controlled
by such agencies or by GSA regarding
its inventory of excess or surplus
Federal property. This Notice is also
published in order to comply with the
December 12, 1988 Court Order in
National Coalition for the Homeless v.
Veterans Administration, No. 88–2503–
OG (D.D.C.).
Properties reviewed are listed in this
Notice according to the following
categories: Suitable/available, suitable/
unavailable, suitable/to be excess, and
unsuitable. The properties listed in the
three suitable categories have been
reviewed by the landholding agencies,
and each agency has transmitted to
HUD: (1) Its intention to make the
property available for use to assist the
homeless, (2) its intention to declare the
property excess to the agency’s needs, or
(3) a statement of the reasons that the
property cannot be declared excess or
made available for use as facilities to
assist the homeless.
Properties listed as suitable/available
will be available exclusively for
homeless use for a period of 60 days
from the date of this Notice. Where
property is described as for ‘‘off-site use
only,’’ recipients of the property will be
required to relocate the building to their
own site at their own expense.
Homeless assistance providers
interested in any such property should
send a written expression of interest to
HHS, addressed to Theresa Rita,
Division of Property Management,
Program Support Center, HHS, room
5B–17, 5600 Fishers Lane, Rockville,
MD 20857; (301) 443–2265. (This is not
PO 00000
Frm 00050
Fmt 4703
Sfmt 4703
Over-payments
(percent)
8
9
8
7
6
5
4
5
4
5
6
7
8
7
6
5
6
5
4
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)
7
8
7
6
5
4
3
4
3
4
5
6
7
6
5
4
5
4
3
a toll-free number.) HHS will mail to the
interested provider an application
packet, which will include instructions
for completing the application. In order
to maximize the opportunity to utilize a
suitable property, providers should
submit their written expressions of
interest as soon as possible. For
complete details concerning the
processing of applications, the reader is
encouraged to refer to the interim rule
governing this program, 24 CFR part
581.
For properties listed as suitable/to be
excess, that property may, if
subsequently accepted as excess by
GSA, be made available for use by the
homeless in accordance with applicable
law, subject to screening for other
Federal use. At the appropriate time,
HUD will publish the property in a
Notice showing it as either suitable/
available or suitable/unavailable.
For properties listed as suitable/
unavailable, the landholding agency has
decided that the property cannot be
declared excess or made available for
use to assist the homeless, and the
property will not be available.
Properties listed as unsuitable will
not be made available for any other
purpose for 20 days from the date of this
Notice. Homeless assistance providers
interested in a review by HUD of the
determination of unsuitability should
call the toll free information line at 1–
800–927–7588 for detailed instructions
or write a letter to Mark Johnston at the
address listed at the beginning of this
Notice. Included in the request for
review should be the property address
(including zip code), the date of
publication in the Federal Register, the
landholding agency, and the property
number.
E:\FR\FM\31JYN1.SGM
31JYN1
]]>Agencies
[Federal Register Volume 74, Number 146 (Friday, July 31, 2009)]
[Notices]
[Pages 38213-38214]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-18371]
-----------------------------------------------------------------------
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 July 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: July 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 2009-17, the IRS determined the rates of interest
for the calendar quarter beginning July 1, 2009, and ending on
September 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 October 1, 2009, and ending December 31,
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.
----------------------------------------------------------------------------------------------------------------
Corporate
Under-payments Over-payments 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
[[Page 38214]]
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.................................. 093009 4 4 3
----------------------------------------------------------------------------------------------------------------
Dated: July 27, 2009.
Jayson P. Ahern,
Acting Commissioner, U.S. Customs and Border Protection.
[FR Doc. E9-18371 Filed 7-30-09; 8:45 am]
BILLING CODE 9111-14-P
