Proposed Collection; Comment Request for Form 3520, 58372-58373 [E9-27210]
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58372
Federal Register / Vol. 74, No. 217 / Thursday, November 12, 2009 / Notices
Approved: November 5, 2009.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. E9–27205 Filed 11–10–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[LR–100–78]
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, LR–100–78
(T.D. 7918), Creditability of Foreign
Taxes (§§ 1.901–2 and 1.901–2A).
DATES: Written comments should be
received on or before January 11, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
Service, Room 6242, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the information collection
should be directed to R. Joseph Durbala,
at (202) 622–3634, or at Internal
Revenue Service, Room 6516, 1111
Constitution Avenue, NW., Washington,
DC 20224, or through the Internet, at
RJoseph.Durbala@irs.gov.
jlentini on DSKJ8SOYB1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Creditability of Foreign Taxes.
OMB Number: 1545–0746.
Regulation Project Number: LR–100–
78.
Abstract: Section 1.901–2A of the
regulation contains special rules that
apply to taxpayers engaging in business
transactions with a foreign government
that is also taxing them. In general, such
taxpayers must establish what portion of
a payment made pursuant to a foreign
levy is actually tax and not
compensation for a economic benefit
received from the foreign government.
One way a taxpayer can do this is by
electing to apply the safe harbor formula
VerDate Nov<24>2008
16:12 Nov 10, 2009
Jkt 220001
of section 1,901–2A by filing a
statement with the IRS.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and business or other forprofit organizations.
Estimated Number of Respondents:
110.
Estimated Time per Respondent: 20
minutes,
Estimated Total Annual Burden
Hours: 37.
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: November 5, 2009.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. E9–27206 Filed 11–10–09; 8:45 am]
BILLING CODE 4830–01–P
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 3520
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, Annual Return To Report
Transactions With Foreign Trusts and
Receipts of Certain Foreign Gifts.
DATES: Written comments should be
received on or before January 11, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, 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 R. Joseph Durbala,
(202) 622–3634, at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Annual Return To Report
Transactions With Foreign Trusts and
Receipts of Certain Foreign Gifts.
OMB Number: 1545–0159.
Form Number: Form 3520.
Abstract: U.S. persons who create a
foreign trust or transfer property to a
foreign trust must file Form 3520 to
report the establishment of the trust or
the transfer of property to the trust.
Form 3520 must also be filed by U.S.
persons who are treated as owners of
any part of the assets of a trust under
subpart E of Part I or subchapter J of
Chapter 1; who received a distribution
from a foreign trust; or who received
large gifts during the tax year from a
foreign person.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
Type of Review: Extension of a
currently approved collection.
E:\FR\FM\12NON1.SGM
12NON1
Federal Register / Vol. 74, No. 217 / Thursday, November 12, 2009 / Notices
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
1,320.
Estimated Time per Respondent: 54
hours 35 minutes.
Estimated Total Annual Burden
Hours: 72,059.
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: November 5, 2009.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. E9–27210 Filed 11–10–09; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
jlentini on DSKJ8SOYB1PROD with NOTICES
Office of Foreign Assets Control
Unblocking of Specially Designated
Nationals and Blocked Persons
Pursuant to Executive Order 13224
AGENCY: Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
SUMMARY: The Treasury Department’s
Office of Foreign Assets Control
VerDate Nov<24>2008
16:12 Nov 10, 2009
Jkt 220001
(‘‘OFAC’’) is removing the name of two
entities and one individual from the list
of Specially Designated Nationals and
Blocked Persons whose property and
interests in property have been blocked
pursuant to Executive Order 13224 of
September 23, 2001, Blocking Property
and Prohibiting Transactions With
Persons Who Commit, Threaten To
Commit, or Support Terrorism. The
entities: BARAKAAT INTERNATIONAL
and BARAKAAT INTERNATIONAL
FOUNDATION, were designated
pursuant to Executive Order 13224 on
November 7, 2001 and the individual:
PATRICIA VINCK, was designated
pursuant to Executive Order 13224 on
January 22, 2003.
DATES: The removal from the list of
Specially Designated Nationals and
Blocked Persons of the two entities and
one individual whose property and
interests in property have been blocked
pursuant to Executive Order 13224 is
effective as of November 3, 2009.
FOR FURTHER INFORMATION CONTACT:
Assistant Director, Compliance
Outreach & Implementation, Office of
Foreign Assets Control, Department of
the Treasury, Washington, DC 20220,
tel.: 202/622–2490.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional
information concerning OFAC are
available from OFAC’s Web site
(https://www.treas.gov/ofac) or via
facsimile through a 24-hour fax-ondemand service, tel.: 202/622–0077.
Background
On September 23, 2001, the President
issued Executive Order 13224 (the
‘‘Order’’) pursuant to the International
Emergency Economic Powers Act, 50
U.S.C. 1701–1706, and the United
Nations Participation Act of 1945, 22
U.S.C. 287c, imposing economic
sanctions on persons who commit,
threaten to commit, or support acts of
terrorism. The President identified in
the Annex to the Order various
individuals and entities as subject to the
economic sanctions. The Order
authorizes the Secretary of the Treasury,
in consultation with the Secretary of
State, the Attorney General, and
(pursuant to Executive Order 13284) the
Secretary of the Department of
Homeland Security, to designate
additional individuals or entities
determined to meet certain criteria set
forth in Executive Order 13224.
Two such additional entities were
designated by the Secretary of the
Treasury on November 7, 2001 and one
additional individual was designated by
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Fmt 4703
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58373
the Secretary of the Treasury on January
22, 2003. The Department of the
Treasury’s Office of Foreign Assets
Control has determined that the two
entities and one individual should be
removed from the list of Specially
Designated Nationals and Blocked
Persons.
The following entities and individual
are removed from the list of Specially
Designated Nationals and Blocked
Persons:
1. BARAKAAT INTERNATIONAL,
Hallbybacken 15, Spanga 70,
Sweden [SDGT]
2. BARAKAAT INTERNATIONAL
FOUNDATION, Rinkebytorget 1,
Spanga 04, Sweden; P.O. Box 4036,
Spanga, Sweden [SDGT]
3. VINCK, Patricia (a.k.a. VINCK,
Souraya P.), 69 Rue des Bataves,
1040 Etterbeek, Brussels, Belgium;
Vaatjesstraat, 29, Putte 2580,
Belgium; DOB 04 Jan 1965; POB
Antwerp, Belgium (individual)
[SDGT]
The removal of the two entities’ and
individual’s names from the list of
Specially Designated Nationals and
Blocked Persons is effective as of
November 3, 2009. All property and
interests in property of the two entities
and one individual that are in or
hereafter come within the United States
or the possession or control of United
States persons are now unblocked.
Dated: November 3, 2009.
Adam J. Szubin,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. E9–27137 Filed 11–10–09; 8:45 am]
BILLING CODE P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0571]
Proposed Information Collection (NCA
Customer Satisfaction Surveys
(Headstone/Marker) Activity):
Comment Request
AGENCY: National Cemetery
Administration, Department of Veterans
Affairs.
ACTION: Notice.
SUMMARY: The National Cemetery
Administration (NCA), Department of
Veterans Affairs (VA) is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
E:\FR\FM\12NON1.SGM
12NON1
]]>Agencies
[Federal Register Volume 74, Number 217 (Thursday, November 12, 2009)]
[Notices]
[Pages 58372-58373]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-27210]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 3520
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, Annual Return To Report Transactions With Foreign Trusts and
Receipts of Certain Foreign Gifts.
DATES: Written comments should be received on or before January 11,
2010 to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn P. Kirkland, 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 R. Joseph
Durbala, (202) 622-3634, at Internal Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the internet
at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Annual Return To Report Transactions With Foreign Trusts and
Receipts of Certain Foreign Gifts.
OMB Number: 1545-0159.
Form Number: Form 3520.
Abstract: U.S. persons who create a foreign trust or transfer
property to a foreign trust must file Form 3520 to report the
establishment of the trust or the transfer of property to the trust.
Form 3520 must also be filed by U.S. persons who are treated as owners
of any part of the assets of a trust under subpart E of Part I or
subchapter J of Chapter 1; who received a distribution from a foreign
trust; or who received large gifts during the tax year from a foreign
person.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
[[Page 58373]]
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 1,320.
Estimated Time per Respondent: 54 hours 35 minutes.
Estimated Total Annual Burden Hours: 72,059.
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: November 5, 2009.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. E9-27210 Filed 11-10-09; 8:45 am]
BILLING CODE 4830-01-P
