Proposed Collection; Comment Request for Regulation Project, 54626-54627 [E9-25382]
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Federal Register / Vol. 74, No. 203 / Thursday, October 22, 2009 / Notices
Pakistan border area (individual)
[SDGT].
Dated: October 15, 2009.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. E9–25415 Filed 10–21–09; 8:45 am]
BILLING CODE 4811–45–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[FI–59–91]
Proposed Collection; Comment
Request for Regulation Project
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 an
existing final regulation, FI–59–91 (TD
8674), Debt Instructions With Original
Issue Discount; Contingent Payment;
Anti-Abuse Rule (§§ 1.1275–2, 1.1275–
3, 1.1275–4, and 1.275–6).
DATES: Written comments should be
received on or before December 21, 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 regulation should be
directed to Allan Hopkins, at (202) 622–
6665, or at Internal Revenue Service,
Room 6129, 1111 Constitution Avenue,
NW., Washington, DC 20224, or through
the Internet, at
Allan.M.Hopkins@irs.gov.
dcolon on DSK2BSOYB1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Debt Instruments With Original
Issue Discount; Contingent Payments;
Anti-Abuse Rule.
OMB Number: 1545–1450.
Regulation Project Number: FI–59–91.
Abstract: This regulation relates to the
tax treatment of debt instruments that
provide for one or more contingent
payments. The regulation also treats a
debt instrument and a related hedge as
an integrated transaction. The regulation
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15:13 Oct 21, 2009
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provides general rules, definitions, and
reporting and recordkeeping
requirements for contingent payment
debt instruments and for integrated debt
instruments.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, individuals, and
state, local, or tribal governments.
Estimated Number of Respondents:
180,000.
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 89,000.
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: October 9, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–25381 Filed 10–21–09; 8:45 am]
BILLING CODE 4830–01–P
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Fmt 4703
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–246249–96]
Proposed Collection; Comment
Request for Regulation Project
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 an
existing final regulation, REG–246249–
96 (TD 9010), Information Reporting
Requirements for Certain Payments
Made on Behalf of Another Person,
Payments to Joint Payees, and Payments
of Gross Proceeds From Sales Involving
Investment Advisers (§§ 1.6041–1 and
1.6045–1).
DATES: Written comments should be
received on or before December 21, 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 regulations should be
directed to Allan Hopkins, at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–6665, or
through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Information Reporting
Requirements for Certain Payments
Made on Behalf of Another Person,
Payments to Joint Payees, and Payments
of Gross Proceeds From Sales Involving
Investment Advisers.
OMB Number: 1545–1705.
Regulation Project Number: REG–
246249–96.
Abstract: This regulation under
section 6041 clarifies who is the payee
for information reporting purposes if a
check or other instrument is made
payable to joint payees, provides
information reporting requirements for
escrow agents and other persons making
payments on behalf of another person,
and clarifies that the amount to be
E:\FR\FM\22OCN1.SGM
22OCN1
Federal Register / Vol. 74, No. 203 / Thursday, October 22, 2009 / Notices
dcolon on DSK2BSOYB1PROD with NOTICES
reported as paid is the gross amount of
the payment. The regulation also
removes investment advisers from the
list of exempt recipients for information
reporting purposes under section 6045.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
The estimate of the reporting burden
in § 1.6041–1 is reflected in the burden
of Form 1099–MISC. The estimate of the
reporting burden in § 1.6045–1 is
reflected in the burden of Form 1099–
B.
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: October 13, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–25382 Filed 10–21–09; 8:45 am]
BILLING CODE 4830–01–P
VerDate Nov<24>2008
15:13 Oct 21, 2009
Jkt 220001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[CO–93–90]
Proposed Collection; Comment
Request for Regulation Project
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 an
existing final regulation, CO–93–90 (TD
8364), Corporations; Consolidated
Returns-Special Rules Relating To
Dispositions and Deconsolidations of
Subsidiary Stock (§§ 1.337(d)–2 and
1.1502–20).
DATES: Written comments should be
received on or before December 21, 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 regulations should be
directed to Allan Hopkins at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–6665, or
through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Corporations; Consolidated
Returns-Special Rules Relating To
Dispositions and Deconsolidations of
Subsidiary Stock.
OMB Number: 1545–1160.
Regulation Project Number: CO–93–
90.
Abstract: This regulation prevents
elimination of corporate-level tax
because of the operation of the
consolidated returns investment
adjustment rules. Statements are
required for dispositions of a
subsidiary’s stock for which losses are
claimed, for basis reductions within 2
years of the stock’s deconsolidation, and
for elections by the common parent to
retain the net operating losses of a
disposed subsidiary.
Current Actions: There is no change to
this existing regulation.
PO 00000
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54627
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
3,000.
Estimated Time per Respondent: 2
hours.
Estimated Total Annual Burden
Hours: 6,000.
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: October 9, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9–25383 Filed 10–21–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209373–81]
Proposed Collection; Comment
Request for Regulation Project
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
E:\FR\FM\22OCN1.SGM
22OCN1
]]>Agencies
[Federal Register Volume 74, Number 203 (Thursday, October 22, 2009)]
[Notices]
[Pages 54626-54627]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-25382]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-246249-96]
Proposed Collection; Comment Request for Regulation Project
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 an
existing final regulation, REG-246249-96 (TD 9010), Information
Reporting Requirements for Certain Payments Made on Behalf of Another
Person, Payments to Joint Payees, and Payments of Gross Proceeds From
Sales Involving Investment Advisers (Sec. Sec. 1.6041-1 and 1.6045-1).
DATES: Written comments should be received on or before December 21,
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 regulations should be directed to Allan Hopkins, at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622-6665, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Information Reporting Requirements for Certain Payments Made
on Behalf of Another Person, Payments to Joint Payees, and Payments of
Gross Proceeds From Sales Involving Investment Advisers.
OMB Number: 1545-1705.
Regulation Project Number: REG-246249-96.
Abstract: This regulation under section 6041 clarifies who is the
payee for information reporting purposes if a check or other instrument
is made payable to joint payees, provides information reporting
requirements for escrow agents and other persons making payments on
behalf of another person, and clarifies that the amount to be
[[Page 54627]]
reported as paid is the gross amount of the payment. The regulation
also removes investment advisers from the list of exempt recipients for
information reporting purposes under section 6045.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
The estimate of the reporting burden in Sec. 1.6041-1 is reflected
in the burden of Form 1099-MISC. The estimate of the reporting burden
in Sec. 1.6045-1 is reflected in the burden of Form 1099-B.
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: October 13, 2009.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E9-25382 Filed 10-21-09; 8:45 am]
BILLING CODE 4830-01-P
