Proposed Collection; Comment Request for Form 926, 33382-33383 [2010-14009]
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33382
Federal Register / Vol. 75, No. 112 / Friday, June 11, 2010 / Notices
Approved: May 25, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010–14007 Filed 6–10–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[FI–3–91]
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–34–91 (TD
8456), Capitalization of Certain Policy
Acquisition Expenses (§§ 1.848–2(g)(8),
1.848–2(h)(3) and 1.848–2(i)(4)).
DATES: Written comments should be
received on or before August 10, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald J. Shields, 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 R. Joseph Durbala at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–3634, or
through the Internet at
RJoseph.Durbala@irs.gov.
Title:
Capitalization of Certain Policy
Acquisition Expenses.
OMB Number: 1545–1287.
Regulation Project Number: FI–3–91
(TD 8456).
Abstract: Internal Revenue Code
section 848 provides that insurance
companies’ must capitalize ‘‘specified
policy acquisition expenses. In lieu of
identifying the categories of expenses
that must be capitalized, section 848
requires that a company capitalize an
amount of otherwise deductible
expenses equal to specified percentages
of net premiums with respect to certain
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
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15:04 Jun 10, 2010
Jkt 220001
types of insurance contracts. Insurance
companies that enter into reinsurance
agreements must determine the amounts
to be capitalized under those
agreements consistently. This regulation
provides elections to permit the parties
to a reinsurance agreement to shift the
burden of capitalization for their mutual
benefit.
Current Actions: There is no change to
these existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
2,070.
Estimated Time per Respondent: 1 hr.
Estimated Total Annual Burden
Hours: 2,070.
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: June 4, 2010.
Gerald J. Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010–14008 Filed 6–10–10; 8:45 am]
BILLING CODE 4830–01–P
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Sfmt 4703
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 926
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
926, Return by a U.S. Transferor of
Property to a Foreign Corporation,
Foreign Estate or Trust, or Foreign
Partnership.
DATES: Written comments should be
received on or before August 10, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald Shields, 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 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.
SUPPLEMENTARY INFORMATION:
Title: Return by a U.S. Transferor of
Property to a Foreign Corporation.
OMB Number: 1545–0026.
Form Number: Form 926.
Abstract: Form 926 is filed by any
U.S. person who transfers certain
tangible or intangible property to a
foreign corporation to report
information required by section 6038B.
Current Actions: There are no changes
being made to Form 926 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals or
households.
Estimated Number of Respondents:
667.
Estimated Time per Respondent: 44
hours, 50 minutes.
Estimated Total Annual Burden
Hours: 29,902.
E:\FR\FM\11JNN1.SGM
11JNN1
Federal Register / Vol. 75, No. 112 / Friday, June 11, 2010 / Notices
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: June 4, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010–14009 Filed 6–10–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[Regulation Section 1.6001–1]
Proposed Collection; Comment
Request for Regulation Project
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
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,
VerDate Mar<15>2010
15:04 Jun 10, 2010
Jkt 220001
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning an
existing final regulation, regulation
section 1.6001–1, Records.
DATES: Written comments should be
received on or before August 10, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald J. Shields, 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 section should
be directed to R. Joseph Durbala at
Internal Revenue Service, room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or at (202) 622–
3634, or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Records (26 CFR 1.6001–1).
OMB Number: 1545–1156.
Regulation Project Number:
Regulation section 1.6001–1.
Abstract: Internal Revenue Code
section 6001 requires, in part, that every
person liable for tax, or for the
collection of that tax, keep such records
and comply with such rules and
regulations as the Secretary (of the
Treasury) may from time to time
prescribe. It also allows the Secretary, in
his or her judgment, to require any
person to keep such records that are
sufficient to show whether or not that
person is liable for tax. Under regulation
section 1.6001–1, in general, any person
subject to tax, or any person required to
file an information return, must keep
permanent books of account or records,
including inventories, that are sufficient
to establish the amount of gross income,
deductions, credits or other matters
required to be shown by such person in
any tax return or information return.
Books and records are to be kept
available for inspection by authorized
internal revenue officers or employees
and are to be retained so long as their
contents any became material in the
administration of any internal revenue
law.
Current Actions: There is no change to
these existing regulations.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and Business or other forprofit organizations, not-for-profit
institutions, Farms, and Federal, State,
Local or Tribal Governments.
The recordkeeping burden in this
regulation is already reflected in the
burden of all tax forms.
PO 00000
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Fmt 4703
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33383
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: June 4, 2010.
Gerald J. Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010–14010 Filed 6–10–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8855
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
E:\FR\FM\11JNN1.SGM
11JNN1
]]>Agencies
[Federal Register Volume 75, Number 112 (Friday, June 11, 2010)]
[Notices]
[Pages 33382-33383]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-14009]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 926
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 926, Return by a U.S. Transferor of Property to a Foreign
Corporation, Foreign Estate or Trust, or Foreign Partnership.
DATES: Written comments should be received on or before August 10, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments to Gerald Shields, 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 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.
SUPPLEMENTARY INFORMATION:
Title: Return by a U.S. Transferor of Property to a Foreign
Corporation.
OMB Number: 1545-0026.
Form Number: Form 926.
Abstract: Form 926 is filed by any U.S. person who transfers
certain tangible or intangible property to a foreign corporation to
report information required by section 6038B.
Current Actions: There are no changes being made to Form 926 at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals or households.
Estimated Number of Respondents: 667.
Estimated Time per Respondent: 44 hours, 50 minutes.
Estimated Total Annual Burden Hours: 29,902.
[[Page 33383]]
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: June 4, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010-14009 Filed 6-10-10; 8:45 am]
BILLING CODE 4830-01-P
