Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 419-420 [E9-31353]
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Federal Register / Vol. 75, No. 2 / Tuesday, January 5, 2010 / Notices
DEPARTMENT OF HOMELAND
SECURITY
Federal Emergency Management
Agency
[Internal Agency Docket No. FEMA–1868–
DR; Docket ID FEMA–2008–0018]
Kansas; Major Disaster and Related
Determinations
AGENCY: Federal Emergency
Management Agency, DHS.
ACTION: Notice.
srobinson on DSKHWCL6B1PROD with PROPOSALS
SUMMARY: This is a notice of the
Presidential declaration of a major
disaster for the State of Kansas (FEMA–
1868–DR), dated December 23, 2009,
and related determinations.
DATES: Effective Date: December 23,
2009.
FOR FURTHER INFORMATION CONTACT:
Peggy Miller, Disaster Assistance
Directorate, Federal Emergency
Management Agency, 500 C Street, SW.,
Washington, DC 20472, (202) 646–3886.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that, in a letter dated
December 23, 2009, the President issued
a major disaster declaration under the
authority of the Robert T. Stafford
Disaster Relief and Emergency
Assistance Act, 42 U.S.C. 5121 et seq.
(the ‘‘Stafford Act’’), as follows:
I have determined that the damage in
certain areas of the State of Kansas resulting
from a severe winter storm during the period
of November 14–16, 2009, is of sufficient
severity and magnitude to warrant a major
disaster declaration under the Robert T.
Stafford Disaster Relief and Emergency
Assistance Act, 42 U.S.C. 5121 et seq. (the
‘‘Stafford Act’’). Therefore, I declare that such
a major disaster exists in the State of Kansas.
In order to provide Federal assistance, you
are hereby authorized to allocate from funds
available for these purposes such amounts as
you find necessary for Federal disaster
assistance and administrative expenses.
You are authorized to provide Public
Assistance in the designated areas and
Hazard Mitigation throughout the State.
Consistent with the requirement that Federal
assistance is supplemental, any Federal
funds provided under the Stafford Act for
Public Assistance and Hazard Mitigation will
be limited to 75 percent of the total eligible
costs.
Further, you are authorized to make
changes to this declaration for the approved
assistance to the extent allowable under the
Stafford Act.
The Federal Emergency Management
Agency (FEMA) hereby gives notice that
pursuant to the authority vested in the
VerDate Nov<24>2008
16:41 Jan 04, 2010
Jkt 220001
Administrator, under Executive Order
12148, as amended, Michael R. Scott, of
FEMA is appointed to act as the Federal
Coordinating Officer for this major
disaster.
The following areas of the State of
Kansas have been designated as
adversely affected by this major disaster:
Marshall, Republic, and Washington
Counties for Public Assistance.
All counties within the State of Kansas are
eligible to apply for assistance under the
Hazard Mitigation Grant Program.
(The following Catalog of Federal Domestic
Assistance Numbers (CFDA) are to be used
for reporting and drawing funds: 97.030,
Community Disaster Loans; 97.031, Cora
Brown Fund; 97.032, Crisis Counseling;
97.033, Disaster Legal Services; 97.034,
Disaster Unemployment Assistance (DUA);
97.046, Fire Management Assistance Grant;
97.048, Disaster Housing Assistance to
Individuals and Households in Presidentially
Declared Disaster Areas; 97.049,
Presidentially Declared Disaster Assistance—
Disaster Housing Operations for Individuals
and Households; 97.050, Presidentially
Declared Disaster Assistance to Individuals
and Households—Other Needs; 97.036,
Disaster Grants—Public Assistance
(Presidentially Declared Disasters); 97.039,
Hazard Mitigation Grant.)
W. Craig Fugate,
Administrator, Federal Emergency
Management Agency.
[FR Doc. E9–31229 Filed 1–4–10; 8:45 am]
BILLING CODE 9111–23–P
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 January
1, 2010, the interest rates for
overpayments will be 3 percent for
corporations and 4 percent for noncorporations, and the interest rate for
underpayments will be 4 percent. This
notice is published for the convenience
PO 00000
Frm 00084
Fmt 4703
Sfmt 4703
419
of the importing public and Customs
and Border Protection personnel.
DATES: Effective Date: January 1, 2010.
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, Pub. L. 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 2009–37, the IRS
determined the rates of interest for the
calendar quarter beginning January 1,
2010, and ending on March 31, 2010.
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 April 1,
2010, and ending June 30, 2010.
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.
E:\FR\FM\05JAN1.SGM
05JAN1
420
Federal Register / Vol. 75, No. 2 / Tuesday, January 5, 2010 / 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
040199
040100
040101
070101
010102
010103
100103
040104
070104
100104
040105
100105
070106
010108
040108
070108
100108
010109
040109
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Dated: December 29, 2009.
Jayson P. Ahern,
Acting Commissioner, U.S. Customs and
Border Protection.
[FR Doc. E9–31353 Filed 1–4–10; 8:45 am]
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
033100
033101
063001
123101
123102
093003
033104
063004
093004
033105
093005
063006
123107
033108
063008
093008
123108
033109
033110
DEPARTMENT OF HOMELAND
SECURITY
U.S. Customs and Border Protection
[Docket No. USCBP–2009–0036]
BILLING CODE 9111–14–P
srobinson on DSKHWCL6B1PROD with PROPOSALS
Under-payments
(percent)
Ending date
Receipt of Domestic Interested Party
Petition Concerning the Tariff
Classification of Wickless Wax Objects
AGENCY: Customs and Border Protection,
Department of Homeland Security.
ACTION: Notice of receipt of domestic
interested party petition; solicitation of
comments.
VerDate Nov<24>2008
16:41 Jan 04, 2010
Jkt 220001
PO 00000
Frm 00085
Fmt 4703
Sfmt 4703
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
8
9
8
7
6
5
4
5
4
5
6
7
8
7
6
5
6
5
4
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
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)
............................
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............................
............................
............................
............................
............................
............................
............................
............................
............................
............................
6
7
8
7
6
5
4
3
4
3
4
5
6
7
6
5
4
5
4
3
SUMMARY: Customs and Border
Protection (CBP) has received a petition
submitted on behalf of a domestic
interested party requesting the
reclassification under the Harmonized
Tariff Schedule of the United States
(HTSUS) of certain wickless wax objects
from China. Currently, these objects are
classified as ‘‘Molded or carved articles
of wax’’ under subheading 9602.00.40,
HTSUS. The petitioner contends that
the proper classification for these
wickless wax objects is in subheading
3406.00.00, HTSUS, as candles. While
the 2009 duty rates of both these
subheadings is free, petitioner claims
E:\FR\FM\05JAN1.SGM
05JAN1
]]>Agencies
[Federal Register Volume 75, Number 2 (Tuesday, January 5, 2010)]
[Notices]
[Pages 419-420]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-31353]
-----------------------------------------------------------------------
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 January 1, 2010, 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: January 1, 2010.
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, Pub. L. 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 2009-37, the IRS determined the rates of interest
for the calendar quarter beginning January 1, 2010, and ending on March
31, 2010. 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 April 1,
2010, and ending June 30, 2010.
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.
[[Page 420]]
----------------------------------------------------------------------------------------------------------------
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
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.................................. 033110 4 4 3
----------------------------------------------------------------------------------------------------------------
Dated: December 29, 2009.
Jayson P. Ahern,
Acting Commissioner, U.S. Customs and Border Protection.
[FR Doc. E9-31353 Filed 1-4-10; 8:45 am]
BILLING CODE 9111-14-P
