Proposed Collection; Comment Request for Form 8612, 33887 [2010-14409]
Download as PDF
<![CDATA[
mstockstill on DSKH9S0YB1PROD with NOTICES
Federal Register / Vol. 75, No. 114 / Tuesday, June 15, 2010 / Notices
Service, room 6129, 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 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: Sanctions on Issuers and
Holders of Registration-Required
Obligations Not in Registered Form.
OMB Number: 1545–0786.
Regulation Project Number: INTL–50–
86.
Abstract: Sections 165(j) and 1287(a)
of the Internal Revenue Code provide
that persons holding registrationrequired obligations in bearer form are
subject to certain penalties. These
sections also provide that certain
persons may be exempted from these
penalties if they comply with reporting
requirements with respect to ownership,
transfers, and payments on the
obligations. The reporting requirements
in this regulation are necessary to
ensure that persons holding registrationrequired obligations in bearer form
properly report interest income and gain
on disposition of the obligations.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of OMB
approval.
Affected Public: Business or other forprofit organizations.
Estimated Number of Responses:
750,000.
Estimated Time per Response: 3
minutes.
Estimated Total Annual Burden
Hours: 39,742.
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
VerDate Mar<15>2010
17:15 Jun 14, 2010
Jkt 220001
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 9, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010–14412 Filed 6–14–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8612
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
8612, Return of Excise Tax on
Undistributed Income of Real Estate
Investment Trusts.
DATES: Written comments should be
received on or before August 16, 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:
PO 00000
Frm 00129
Fmt 4703
Sfmt 9990
33887
Title: Return of Excise Tax on
Undistributed Income of Real Estate
Investment Trusts.
OMB Number: 1545–1013.
Form Number: Form 8612.
Abstract: Form 8612 is used by real
estate investment trusts to compute and
pay the excise tax on undistributed
income imposed under section 4981 of
the Internal Revenue Code. The IRS uses
the information to verify that the correct
amount of tax has been reported.
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: Business or other forprofit organizations.
Estimated Number of Respondents:
20.
Estimated Time per Respondent: 9
hours, 48 minutes.
Estimated Total Annual Burden
Hours: 196.
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 9, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010–14409 Filed 6–14–10; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\15JNN1.SGM
15JNN1
]]>Agencies
[Federal Register Volume 75, Number 114 (Tuesday, June 15, 2010)]
[Notices]
[Page 33887]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-14409]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8612
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 8612, Return of Excise Tax on Undistributed Income of Real Estate
Investment Trusts.
DATES: Written comments should be received on or before August 16, 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: Return of Excise Tax on Undistributed Income of Real Estate
Investment Trusts.
OMB Number: 1545-1013.
Form Number: Form 8612.
Abstract: Form 8612 is used by real estate investment trusts to
compute and pay the excise tax on undistributed income imposed under
section 4981 of the Internal Revenue Code. The IRS uses the information
to verify that the correct amount of tax has been reported.
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: Business or other for-profit organizations.
Estimated Number of Respondents: 20.
Estimated Time per Respondent: 9 hours, 48 minutes.
Estimated Total Annual Burden Hours: 196.
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 9, 2010.
Gerald Shields,
IRS Reports Clearance Officer.
[FR Doc. 2010-14409 Filed 6-14-10; 8:45 am]
BILLING CODE 4830-01-P
