Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 37823-37825 [2010-15909]

Download as PDF Federal Register / Vol. 75, No. 125 / Wednesday, June 30, 2010 / Notices DEPARTMENT OF HOMELAND SECURITY U.S. Customs and Border Protection [Docket No. USCBP–2010–0022] Notice of Meeting of the Advisory Committee on Commercial Operations of Customs and Border Protection (COAC) U.S. Customs and Border Protection, Department of Homeland Security (DHS). ACTION: Notice of Federal Advisory Committee Meeting. mstockstill on DSKH9S0YB1PROD with NOTICES AGENCY: SUMMARY: The Advisory Committee on Commercial Operations of U.S. Customs and Border Protection (COAC) will meet on Wednesday, August 4, 2010, in Detroit, Michigan. The meeting will be open to the public. DATES: COAC will meet Wednesday, August 4, 2010, from 1 p.m.–5 p.m. EST. Please note that the meeting may close early if the committee completes its business. If you plan on attending, please register either online at https:// apps.cbp.gov/te_registration/ index.asp?w=27, or by e-mail to tradeevents@dhs.gov by close-ofbusiness on July 30, 2010. ADDRESSES: The meeting will be held at the The Atheneum Suite Hotel, 1000 Brush Avenue, Grand Ballroom, 8th floor, Detroit, Michigan 48226, Phone: (313) 962–2323 or (800) 772–2323. The public is invited to submit comments and/or written material on any of the identified agenda items as set forth below. Please note that any comments or written materials that are mailed should reach the contact person at the address listed below before July 30, 2010, so that copies of your submitted materials can be distributed to committee members prior to the meeting. Comments must be identified by USCBP–2010–0022 and may be submitted by one of the following methods: • Federal eRulemaking Portal: https:// www.regulations.gov. Follow the instructions for submitting comments. • E-mail: tradeevents@dhs.gov. Include the docket number in the subject line of the message. • Fax: 202–325–4290. • Mail: Ms. Wanda Tate, Office of Trade Relations, U.S. Customs and Border Protection, Department of Homeland Security, 1300 Pennsylvania Avenue, NW., Room 5.2–A, Washington, DC 20229. Instructions: All submissions received must include the words ‘‘Department of Homeland Security’’ and the docket VerDate Mar<15>2010 16:53 Jun 29, 2010 Jkt 220001 number for this action. Comments received will be posted without alteration at https://www.regulations.gov, including any personal information provided. Docket: For access to the docket to read background documents or comments received by COAC, go to https://www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Ms. Wanda Tate, Office of Trade Relations, U.S. Customs and Border Protection, Department of Homeland Security, 1300 Pennsylvania Avenue, NW., Room 5.2– A, Washington, DC 20229; tradeevents@dhs.gov; telephone 202– 344–1440; facsimile 202–325–4290. SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee Act (5 U.S.C. App.), DHS hereby announces the meeting of the Advisory Committee on Commercial Operations of Customs and Border Protection (COAC). COAC is tasked with providing advice to the Secretary of Homeland Security, the Secretary of the Treasury, and the Commissioner of U.S. Customs and Border Protection (CBP) on matters pertaining to the commercial operations of CBP and related functions within DHS or the Department of the Treasury. The sixth meeting of the eleventh term of COAC will be held at the date, time and location specified above. A tentative agenda for the meeting is set forth below. Tentative Agenda 1. Trade Facilitation Subcommittee. 2. Importer Security Filing Subcommittee (‘‘10+2’’). 3. Intellectual Property Rights Enforcement Subcommittee. 4. Agriculture Subcommittee. 5. Air Cargo Security Subcommittee. 6. Automation Subcommittee. 7. Global Supply Chain Security Subcommittee. 8. Bond Subcommittee. Procedural This meeting is open to the public; however, participation in COAC deliberations is limited to committee members, Department of Homeland Security officials, and persons invited to attend the meeting for special presentations. Please note that the meeting may close early if all business is finished. All visitors must check-in at The Atheneum Suite Hotel at the Grand Ballroom, 8th floor, with CBP officials at the registration desk. Since seating is limited, all persons attending this meeting should provide notice by close-of-business on July 30, by registering online at https:// PO 00000 Frm 00075 Fmt 4703 Sfmt 4703 37823 apps.cbp.gov/te_registration/ index.asp?w=27 or, alternatively, by contacting Ms. Wanda Tate, Office of Trade Relations, U.S. Customs and Border Protection, Department of Homeland Security, 1300 Pennsylvania Avenue, NW., Washington, DC 20229; tradeevents@dhs.gov; telephone 202– 344–1440; facsimile 202–325–4290. Information on Services for Individuals With Disabilities For information on facilities or services for individuals with disabilities or to request special assistance at the meeting, contact Ms. Wanda Tate as soon as possible. Dated: June 24, 2010. Kimberly Marsho, Director, Office of Trade Relations, U.S. Customs and Border Protection. [FR Doc. 2010–15904 Filed 6–29–10; 8:45 am] BILLING CODE 9111–14–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 July 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: July 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 E:\FR\FM\30JNN1.SGM 30JNN1 37824 Federal Register / Vol. 75, No. 125 / Wednesday, June 30, 2010 / Notices 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 2010–14, the IRS determined the rates of interest for the calendar quarter beginning July 1, 2010, and ending on September 30, 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 October 1, 2010, and ending December 31, 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. mstockstill on DSKH9S0YB1PROD with NOTICES Beginning date Ending date Underpayments (percent) Overpayments (percent) Corporate Overpayments (Eff. 1–1–99) (percent) 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 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 093010 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 6 7 8 7 6 5 4 3 4 3 4 5 6 7 6 5 4 5 4 3 VerDate Mar<15>2010 16:53 Jun 29, 2010 Jkt 220001 PO 00000 Frm 00076 Fmt 4703 Sfmt 4703 E:\FR\FM\30JNN1.SGM 30JNN1 Federal Register / Vol. 75, No. 125 / Wednesday, June 30, 2010 / Notices Dated: June 24, 2010. David V. Aguilar, Acting Commissioner, U.S. Customs and Border Protection. [FR Doc. 2010–15909 Filed 6–29–10; 8:45 am] BILLING CODE 9111–14–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5380–N–26] Notice of Proposed Information Collection: Comment Request; Minimum Property Standards for Multifamily and Care-Type Facilities mstockstill on DSKH9S0YB1PROD with NOTICES AGENCY: Office of the Assistant Secretary for Housing, HUD. ACTION: Notice. SUMMARY: The Department of Housing and Urban Development (HUD) developed the Minimum Property Standards (MPS) program in order to minimize potential losses for single and multi-family homes purchased with insured loans. To achieve this objective, the program established a system to review, evaluate, and approve construction materials for use in such homes to ensure that the homes would perform for the life of the loan. The end goal of the MPS program is to establish certain minimum standards for buildings constructed under HUD housing programs. DATES: Comments Due Date: August 30, 2010. ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Leroy McKinney Jr., Departmental Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410; e-mail leroy.mckinneyjr@hud.gov or telephone (202) 402–5564 or the number for the Federal Information Relay Service (1– 800–877–8339). FOR FURTHER INFORMATION CONTACT: Program Contact, Elizabeth Cocke, Office of Manufactured Housing, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410, telephone (202) 708–6423 (this is not a toll free number) for copies of the proposed forms and other available information. SUPPLEMENTARY INFORMATION: The Department is submitting the proposed information collection to OMB for review, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended). VerDate Mar<15>2010 16:53 Jun 29, 2010 Jkt 220001 This Notice is soliciting comments from members of the public and affected agencies concerning the proposed collection of information to: (1) Evaluate whether the proposed collection is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond; including the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. This Notice also lists the following information: Title of Proposal: Minimum Property Standards for Multifamily and Care-type facilities. OMB Control Number, if applicable: 2502–0321. Description of the need for the information and proposed use: The minimum property standards describe physical standards for housing. They are intended to provide a sound basis for determining the acceptability of housing built under the HUD mortgage insurance and low-rent public housing programs. Agency form numbers, if applicable: None. Estimation of the total numbers of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: The number of burden hours is 8400. The number of respondents is 1200, the number of responses is 1200, the frequency of response is on occasion, and the burden hour per response is 10. Status of the proposed information collection: This is an extension of a currently approved collection. Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., Chapter 35, as amended. Dated: June 24, 2010. Ronald Y. Spraker, Associate General Deputy Assistant Secretary for Housing. [FR Doc. 2010–15873 Filed 6–29–10; 8:45 am] BILLING CODE 4210–67–P PO 00000 Frm 00077 Fmt 4703 Sfmt 4703 37825 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5383–N–12] Notice of Proposed Information Collection for Public Comment for the Housing Choice Voucher Program; Application, Allowances for TenantFurnished Utilities, Inspections, Financial Reports, Request for Tenancy Approval, Housing Voucher, Portability Information, Housing Assistance Payments Contracts and Tenancy Addenda, Homeownership Obligations, Tenant Information for Owner, Voucher Transfers, Homeownership Contracts of Sale, Information for Additional Renewal Funding, and the Project-Based Voucher Program AGENCY: Office of the Assistant Secretary for Public and Indian Housing, HUD. ACTION: Notice. SUMMARY: The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. DATES: Comments Due Date: August 30, 2010. ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name/or OMB Control number and should be sent to: Leroy McKinney, Jr., Departmental Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street, SW., Room 4178, Washington, DC 20410– 5000; telephone 202–402–5564, (this is not a toll-free number) or e-mail Mr. McKinney at Leroy.McKinneyJr@hud.gov. Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Information Relay Service at 800–877–8339. (Other than the HUD USER information line and TTY numbers, telephone numbers are not toll-free). FOR FURTHER INFORMATION CONTACT: Dacia Rogers, Office of Policy, Programs and Legislative Initiatives, PIH, Department of Housing and Urban Development, 451 7th Street, SW., Room 4116, Washington, DC 20410; telephone 202–402–3374, (this is not a toll-free number). SUPPLEMENTARY INFORMATION: The Department will submit the proposed information collection to OMB for E:\FR\FM\30JNN1.SGM 30JNN1

Agencies

[Federal Register Volume 75, Number 125 (Wednesday, June 30, 2010)]
[Notices]
[Pages 37823-37825]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-15909]


-----------------------------------------------------------------------

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 July 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: July 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

[[Page 37824]]

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 2010-14, the IRS determined the rates of interest 
for the calendar quarter beginning July 1, 2010, and ending on 
September 30, 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 October 1, 2010, and ending December 31, 
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.

------------------------------------------------------------------------
                                                              Corporate
  Beginning                       Under-         Over-      Overpayments
     date       Ending date      payments       payments      (Eff. 1-1-
                                (percent)      (percent)         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         093010              4              4             3
------------------------------------------------------------------------



[[Page 37825]]

    Dated: June 24, 2010.
David V. Aguilar,
Acting Commissioner, U.S. Customs and Border Protection.
[FR Doc. 2010-15909 Filed 6-29-10; 8:45 am]
BILLING CODE 9111-14-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.