Proposed Collection; Comment Request for Regulations Project, 38185 [2010-15964]
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Federal Register / Vol. 75, No. 126 / Thursday, July 1, 2010 / Notices
the election to remain a domestic trust
in accordance with section 1161 of the
Taxpayer Relief Act of 1997. The
information submitted by taxpayers will
be used by the IRS to determine if a
trust is a domestic trust or a foreign
trust.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of the
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
222.
Estimated Time per Respondent: 31
minutes.
Estimated Total Annual Burden
Hours: 114.
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 23, 2010.
Gerald J. Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–15966 Filed 6–30–10; 8:45 am]
BILLING CODE 4830–01–P
VerDate Mar<15>2010
16:02 Jun 30, 2010
Jkt 220001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–107151–00]
Proposed Collection; Comment
Request for Regulations 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–107151–
00 (TD 9035), Constructive Transfers
and Transfers of Property to a ThirdParty on Behalf of a Spouse (§ 1.1041–
2).
DATES: Written comments should be
received on or before August 30, 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 form and instructions
should be directed to R. Joseph Durbala,
(202) 622–3634, at Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Constructive Transfers and
Transfers of Property to a Third-Party on
Behalf of a Spouse (§ 1.1041–2).
OMB Number: 1545–1751.
Regulation Project Number: REG–
107151–00 (TD 9035-final).
Abstract: The regulation sets forth the
required information that will permit
spouses or former spouses to treat a
redemption by a corporation of stock of
one spouse or former spouse as a
transfer of that stock to the other spouse
or former spouse in exchange for the
redemption proceeds and a redemption
of the stock from the latter spouse or a
former spouse in exchange for the
redemption proceeds.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
PO 00000
Frm 00114
Fmt 4703
Sfmt 4703
38185
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
households, and businesses and other
for-profit organizations.
Estimated Number of Respondents:
1000.
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: June 23, 2010.
Gerald J. Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–15964 Filed 6–30–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Announcement 2004–38
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
E:\FR\FM\01JYN1.SGM
01JYN1
]]>Agencies
[Federal Register Volume 75, Number 126 (Thursday, July 1, 2010)]
[Notices]
[Page 38185]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-15964]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-107151-00]
Proposed Collection; Comment Request for Regulations 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-107151-00 (TD 9035), Constructive
Transfers and Transfers of Property to a Third-Party on Behalf of a
Spouse (Sec. 1.1041-2).
DATES: Written comments should be received on or before August 30, 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 form and instructions should be directed to R. Joseph
Durbala, (202) 622-3634, at Internal Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the Internet
at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Constructive Transfers and Transfers of Property to a Third-
Party on Behalf of a Spouse (Sec. 1.1041-2).
OMB Number: 1545-1751.
Regulation Project Number: REG-107151-00 (TD 9035-final).
Abstract: The regulation sets forth the required information that
will permit spouses or former spouses to treat a redemption by a
corporation of stock of one spouse or former spouse as a transfer of
that stock to the other spouse or former spouse in exchange for the
redemption proceeds and a redemption of the stock from the latter
spouse or a former spouse in exchange for the redemption proceeds.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals and households, and businesses and
other for-profit organizations.
Estimated Number of Respondents: 1000.
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: June 23, 2010.
Gerald J. Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010-15964 Filed 6-30-10; 8:45 am]
BILLING CODE 4830-01-P
