Proposed Collection; Comment Request for Form 8038-T, 9026 [2010-3932]
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9026
Federal Register / Vol. 75, No. 38 / Friday, February 26, 2010 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8038–T
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
8038–T, Arbitrage Rebate and Penalty in
Lieu of Arbitrage Rebate.
DATES: Written comments should be
received on or before April 27, 2010 to
be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joe 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 form and instructions
should be directed to Elaine Christophe,
(202) 622–3179, or at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington DC 20224, or
through the Internet, at
Elaine.H.Christophe@irs.gov.
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Title: Arbitrage Rebate and Penalty in
Lieu of Arbitrage Rebate.
OMB Number: 1545–1219.
Form Number: 8038–T.
Abstract: Form 8038–T is used by
issuers of tax exempt bonds to report
and pay the arbitrage rebate and to elect
and/or pay various penalties associated
with arbitrage bonds. The issuers
include state and local governments.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: State, local or tribal
governments.
Estimated Number of Respondents:
2,500.
Estimated Time per Response: 22
hours, 11 minutes.
Estimated Total Annual Burden
Hours: 55,475.
The following paragraph applies to all
of the collections of information covered
by this notice:
16:39 Feb 25, 2010
Jkt 220001
Approved: February 19, 2010.
R. Joe Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–3932 Filed 2–25–10; 8:45 am]
BILLING CODE 4830–01–P
SUPPLEMENTARY INFORMATION:
VerDate Nov<24>2008
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.
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209682–94]
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
PO 00000
Frm 00132
Fmt 4703
Sfmt 4703
soliciting comments concerning final
regulation, REG–209682–94 (TD 8847),
Adjustments Following Sales of
Partnership Interests, (§§ 1.732–1 and
1.743–1).
DATES: Written comments should be
received on or before April 27, 2010 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 regulations should be directed
to Dawn Bidne, at Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or at (202) 622–3933, or through the
Internet at Dawn.E.Bidne@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Adjustments Following Sales of
Partnership Interests.
OMB Number: 1545–1588.
Regulation Project Number: REG–
209682–94.
Abstract: Partnerships, with a section
754 election in effect, are required to
adjust the basis of partnership property
following certain transfers of
partnership interests. This regulation
relates to the optional adjustments to
the basis of partnership property
following certain transfers of
partnership interests under section 743,
the calculation of gain or loss under
section 751(a) following the sale or
exchange of a partnership interest, the
allocation of basis adjustments among
partnership assets under section 755,
the allocation of a partner’s basis in its
partnership interest to properties
distributed to the partner by the
partnership under section 732(c), and
the computation of a partner’s
proportionate share of the adjusted basis
of depreciable property (or depreciable
real property) under section 1017.
Current Actions: There are no changes
being made to the regulation at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents/
Recordkeepers: 226,000.
Estimated Time per Respondent/
Recordkeeper: 4 hrs.
Estimated Total Annual Burden
Hours: 904,000.
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
E:\FR\FM\26FEN1.SGM
26FEN1
]]>Agencies
[Federal Register Volume 75, Number 38 (Friday, February 26, 2010)]
[Notices]
[Page 9026]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-3932]
[[Page 9026]]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8038-T
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 8038-T, Arbitrage Rebate and Penalty in Lieu of Arbitrage Rebate.
DATES: Written comments should be received on or before April 27, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments to R. Joe 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 form and instructions should be directed to Elaine
Christophe, (202) 622-3179, or at Internal Revenue Service, Room 6129,
1111 Constitution Avenue, NW., Washington DC 20224, or through the
Internet, at Elaine.H.Christophe@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Arbitrage Rebate and Penalty in Lieu of Arbitrage Rebate.
OMB Number: 1545-1219.
Form Number: 8038-T.
Abstract: Form 8038-T is used by issuers of tax exempt bonds to
report and pay the arbitrage rebate and to elect and/or pay various
penalties associated with arbitrage bonds. The issuers include state
and local governments.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: State, local or tribal governments.
Estimated Number of Respondents: 2,500.
Estimated Time per Response: 22 hours, 11 minutes.
Estimated Total Annual Burden Hours: 55,475.
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: February 19, 2010.
R. Joe Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2010-3932 Filed 2-25-10; 8:45 am]
BILLING CODE 4830-01-P
