Proposed Collection; Comment Request for Form 2032, 33670-33671 [2010-14138]

Download as PDF 33670 Federal Register / Vol. 75, No. 113 / Monday, June 14, 2010 / Notices OMB Number: 1545–1219 Type of Review: Revision of a currently approved collection. Title: Arbitrage Rebate and Penalty in Lieu of Arbitrage Rebate. Form: 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. These issuers include state and local governments. Respondents: State, Local, and Tribal Governments. Estimated Total Burden Hours: 57,900 hours. OMB Number: 1545–1300 Type of Review: Extension without change of a currently approved collection. Title: FI–46–89 (T.D. 8641) (Final) Treatment of Acquisition of Certain Financial Institutions: Certain Tax Consequences of Federal Financial Assistance to Financial Institutions. Abstract: Recipients of Federal financial assistance (FFA) must maintain an account of FFA that is deferred from inclusion in gross income and subsequently recaptured. This information is used to determine the recipient’s tax liability. Also, tax not subject to collection must be reported and information must be provided if certain elections are made. Respondents: Private Sector: Businesses or other for-profits. Estimated Total Burden Hours: 2,200 hours. OMB Number: 1545–1580 Type of Review: Extension without change of a currently approved collection. Title: REG–105885–99 (T.D. 9075) (Final), Compensation Deferred Under Eligible Deferred Compensation Plans. Abstract: REG–105885–99 and T.D. 1580 provides guidance regarding the trust requirements for certain eligible deferred compensation plans enacted in the Small Business Job Protection Act of 1996. Respondents: Private Sector: Businesses or other for-profits. Estimated Total Burden Hours: 10,600 hours. emcdonald on DSK2BSOYB1PROD with NOTICES OMB Number: 1545–0057 Type of Review: Extension without change of a currently approved collection. Title: Application for Recognition of Exemption Under Section 501(a). Form: 1024 Abstract: Organizations seeking exemption from Federal Income tax under Internal Revenue Code section VerDate Mar<15>2010 16:40 Jun 11, 2010 Jkt 220001 501(a) as an organization described in most paragraphs of section 501(c) must use Form 1024 to apply for exemption. The information collected is used to determine whether the organization qualifies for tax-exempt status. Respondents: Private Sector: Not-forprofit institutions. Estimated Total Burden Hours: 291,542 hours. OMB Number: 1545–0962 Type of Review: Extension without change of a currently approved collection. Title: Tax Information Security Guidelines for Federal, State, and Local Agencies. Abstract: Internal Revenue Code section 6103(p) requires that IRS provide periodic reports to Congress describing safeguard procedures, utilized by agencies which receive information from the IRS, to protect the confidentiality of the information. This section also requires that these agencies furnish reports to the IRS describing their safeguards. Respondents: State, Local, and Tribal Governments. Estimated Total Burden Hours: 204,000 hours. OMB Number: 1545–2034 Type of Review: Revision of a currently approved collection. Title: U.S. Partnership Declaration for an IRS e-file Return. Form: 8453–PE Abstract: Form 8453–PE, U.S. Partnership Declaration for an IRS e-file Return, was developed for Modernized e-file for partnerships. Internal Revenue Code sections 6109 and 6103. Respondents: Private Sector: Businesses or other for-profits. Estimated Total Burden Hours: 1,660 hours. OMB Number: 1545–2080 Type of Review: Extension without change of a currently approved collection. Title: Revenue Procedure 2010–9. Abstract: This revenue procedure sets forth procedures for issuing determination letters and rulings on the exempt status of organizations under §§ 501 and 521 of the Internal Revenue Code other than those subject to Rev. Proc. 2010–6, 2010–1 I.R.B. 193 (relating to pension, profit-sharing, stock bonus, annuity, and employee stock ownership plans). Generally, the Service issues these determination letters and rulings in response to applications for recognition of exemption from Federal income tax. These procedures also apply to revocation or modification of determination letters or rulings. PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 Respondents: Not-for-profit institutions. Estimated Total Burden Hours: 200 hours. Bureau Clearance Officer: R. Joseph Durbala, Internal Revenue Service, 1111 Constitution Avenue, NW., Room 6129, Washington, DC 20224; (202) 622–3634. OMB Reviewer: Shagufta Ahmed, Office of Management and Budget, New Executive Office Building, Room 10235, Washington, DC 20503; (202) 395–7873. Celina Elphage, Treasury PRA Clearance Officer. [FR Doc. 2010–14166 Filed 6–11–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 2032 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 2032, Contract Coverage Under Title II of the Social Security Act. DATES: Written comments should be received on or before August 13, 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 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: Contract Coverage Under Title II of the Social Security Act. OMB Number: 1545–0137. Form Number: 2032. Abstract: Citizens and resident aliens employed abroad by foreign affiliates of American employers are exempt from E:\FR\FM\14JNN1.SGM 14JNN1 emcdonald on DSK2BSOYB1PROD with NOTICES Federal Register / Vol. 75, No. 113 / Monday, June 14, 2010 / Notices social security taxes. Under Internal Revenue Code section 3121(1), American employers may file an agreement to waive this exemption and obtain social security coverage for U.S. citizens and resident aliens employed abroad by their foreign affiliates. Form 2032 is used for this purpose. 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: Individuals or households and Business or other forprofit organizations. Estimated Number of Respondents: 160. Estimated Time per Respondent: 6 hours, 48 minutes. Estimated Total Annual Burden Hours: 973. 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. VerDate Mar<15>2010 16:40 Jun 11, 2010 Jkt 220001 Approved: June 2, 2010. Gerald Shields, IRS Reports Clearance Officer. [FR Doc. 2010–14138 Filed 6–11–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service [REG–106917–99] 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–106917– 99 (TD 8996), Changes in Accounting Periods (Sec. 1.441–2, 1.442–1, and 1.1378–1). DATES: Written comments should be received on or before August 13, 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 regulation 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: Changes in Accounting Periods. OMB Number: 1545–1748. Regulation Project Number: REG– 106917–99. Abstract: Section 1.441–2(b)(1) requires certain taxpayers to file statements on their federal income tax returns to notify the Commissioner of the taxpayers’ election to adopt a 52–53week taxable year. Section 1.442–1(b)(4) provides that certain taxpayers must establish books and records that clearly PO 00000 Frm 00099 Fmt 4703 Sfmt 9990 33671 reflect income for the short period involved when changing their taxable year to a fiscal taxable year. Section 1.442–1(d) requires a newly married husband or wife to file a statement with their short period return when changing to the other spouse’s taxable year. 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, and Individuals or households. Estimated Number of Respondents: 1,000. Estimated Time Per Respondent: 30 minutes. Estimated Total Annual Burden Hours: 500. 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: May 25, 2010. Gerald Shields, IRS Reports Clearance Officer. [FR Doc. 2010–14139 Filed 6–11–10; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\14JNN1.SGM 14JNN1

Agencies

[Federal Register Volume 75, Number 113 (Monday, June 14, 2010)]
[Notices]
[Pages 33670-33671]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-14138]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 2032

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 2032, Contract Coverage Under Title II of the Social Security Act.

DATES: Written comments should be received on or before August 13, 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 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: Contract Coverage Under Title II of the Social Security Act.
    OMB Number: 1545-0137.
    Form Number: 2032.
    Abstract: Citizens and resident aliens employed abroad by foreign 
affiliates of American employers are exempt from

[[Page 33671]]

social security taxes. Under Internal Revenue Code section 3121(1), 
American employers may file an agreement to waive this exemption and 
obtain social security coverage for U.S. citizens and resident aliens 
employed abroad by their foreign affiliates. Form 2032 is used for this 
purpose.
    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: Individuals or households and Business or other 
for-profit organizations.
    Estimated Number of Respondents: 160.
    Estimated Time per Respondent: 6 hours, 48 minutes.
    Estimated Total Annual Burden Hours: 973.
    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 2, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010-14138 Filed 6-11-10; 8:45 am]
BILLING CODE 4830-01-P
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