Proposed Collection; Comment Request for Form 1023, 40031-40032 [2010-16960]

Download as PDF Federal Register / Vol. 75, No. 133 / Tuesday, July 13, 2010 / Notices DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 3800 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 3800, General Business Credit. DATES: Written comments should be received on or before September 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 Elaine Christophe, (202) 622–3179, or at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington DC 20224, or through the internet, at Elaine.H.Christophe@irs.gov. jlentini on DSKJ8SOYB1PROD with NOTICES SUPPLEMENTARY INFORMATION: Title: General Business Credit. OMB Number: 1545–0895. Form Number: Form 3800. Abstract: Internal Revenue Code section 38 permits taxpayers to reduce their income tax liability by the amount of their general business credit, which is an aggregation of their investment credit, work opportunity credit, welfareto-work credit, alcohol fuel credit, research credit, low-income housing credit, disabled access credit, enhanced oil recovery credit, etc. Form 3800 is used to figure the correct credit. Current Actions: The following new credits are added: 1. Line 1t—Credits for affected Midwestern disaster area employers. 2. Line 1v—Agricultural chemicals security credit. 3. Line 1w—Credit for employer differential wage payments. 4. Line 1x—Carbon dioxide sequestration credit. 5. Line 1y—Qualified plug-in electric drive motor vehicle credit. VerDate Mar<15>2010 16:44 Jul 12, 2010 Jkt 220001 6. Line 1z—Qualified plug-in electric vehicle credit. 7. Line 18b—Extension property. The following new credits are removed: 1. The Hurricane Katrina housing credit from pass-through entities, because it can no longer be claimed. We are making this submission to renew the OMB approval: Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit organizations, farms and individuals. Estimated Number of Respondents: 250,000. Estimated Time per Respondent: 26 hours, 57 minutes. Estimated Total Annual Burden Hours: 6,740,000. 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: July 6, 2010. Gerald Shields, IRS Supervisory Tax Analyst. [FR Doc. 2010–16962 Filed 7–12–10; 8:45 am] BILLING CODE 4830–01–P PO 00000 Frm 00122 Fmt 4703 Sfmt 4703 40031 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1023 July 7, 2010. 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 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. DATES: Comments must be received by September 13, 2010 to be assured of consideration. The Department of the Treasury is piloting the collaborative tool, http:// www.PRAComment.Gov, to increase public participation and collaboration for the Paperwork Reduction Act information collection activities. The Department is partnering with the Internal Revenue Service (IRS) to test the information collection, 1545–0056, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. The information collection takes an estimated 96 hours to complete and places more than 3M paperwork burden hours on the public annually. The information collection expires on January 31, 2011. The collaboration tool will maintain the official comments in which the Internal Revenue Service will use to determine potential changes to the form and/or to the estimated burden and costs associated with the collection. The Department believes the public comments received through the collaboration tool will reduce the paperwork burden on the public for Form 1023. ADDRESSES: Submit comments by one of the following methods: • http://www.PRAComment.gov. • 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 Joseph R. Durbala E:\FR\FM\13JYN1.SGM 13JYN1 40032 Federal Register / Vol. 75, No. 133 / Tuesday, July 13, 2010 / Notices at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or at (202) 622– 3634, or through the Internet at RJDurbala@irs.gov. jlentini on DSKJ8SOYB1PROD with NOTICES SUPPLEMENTARY INFORMATION: Title: Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. OMB Number: 1545–0056. Form Number: Form 1023. Abstract: Form 1023 is filed by applicants seeking Federal income tax exemption as organizations described in section 501(c)(3) of the Internal Revenue Code. IRS uses the information to determine if the applicant is exempt and whether the applicant is a private foundation. 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: Not-for-profit institutions. Estimated Number of Respondents: 29,409. Estimated Time per Respondents: 106 hours, 4 minutes. Estimated Total Annual Burden Hours: 3,138,550. 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 VerDate Mar<15>2010 16:44 Jul 12, 2010 Jkt 220001 costs and costs of operation, maintenance, and purchase of services to provide information. Approved: July 7, 2010. Gerald J. Shields, Bureau Clearance Officer. [FR Doc. 2010–16960 Filed 7–12–10; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service [REG–118926–97; T.D. 8817] 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–118926– 97 (TD 8817), Notice of Certain Transfers to Foreign Partnerships and Foreign Corporations (§ 1.6038B–1, 1.6038B–2). DATES: Written comments should be received on or before September 13, 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 Joel Goldberger at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or at (202) 927–9368, or through the Internet at Joel.P.Goldberger@irs.gov. SUPPLEMENTARY INFORMATION: Title: Notice of Certain Transfers to Foreign Partnerships and Foreign Corporations. OMB Number: 1545–1615. Regulation Project Number: REG– 118926–97. (T.D. 8817). Abstract: Section 6038B requires U.S. persons to provide certain information when they transfer property to a foreign partnership or foreign corporation. This PO 00000 Frm 00123 Fmt 4703 Sfmt 4703 regulation provides reporting rules to identify United States persons who contribute property to foreign partnerships and to ensure the correct reporting of items with respect to those partnerships. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit organizations, and individuals or households. Estimated Number of Respondents: 1. Estimated Time per Respondent: 1. Estimated Total Annual Burden Hours: 1. The collections of information contained in these final regulations are in § 1.6038B–1(b) and 1.6038B–2. The burden of complying with the collection of information required to be reported on Form 8865 is reflected in the burden for Form 8865. The burden of complying with the collection of information required to be reported on Form 926 is reflected in the burden for Form 926. 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. E:\FR\FM\13JYN1.SGM 13JYN1

Agencies

[Federal Register Volume 75, Number 133 (Tuesday, July 13, 2010)]
[Notices]
[Pages 40031-40032]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-16960]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1023

July 7, 2010.
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 1023, Application for Recognition of Exemption Under Section 
501(c)(3) of the Internal Revenue Code.

DATES: Comments must be received by September 13, 2010 to be assured of 
consideration.
    The Department of the Treasury is piloting the collaborative tool, 
http://www.PRAComment.Gov, to increase public participation and 
collaboration for the Paperwork Reduction Act information collection 
activities. The Department is partnering with the Internal Revenue 
Service (IRS) to test the information collection, 1545-0056, 
Application for Recognition of Exemption Under Section 501(c)(3) of the 
Internal Revenue Code. The information collection takes an estimated 96 
hours to complete and places more than 3M paperwork burden hours on the 
public annually.
    The information collection expires on January 31, 2011. The 
collaboration tool will maintain the official comments in which the 
Internal Revenue Service will use to determine potential changes to the 
form and/or to the estimated burden and costs associated with the 
collection. The Department believes the public comments received 
through the collaboration tool will reduce the paperwork burden on the 
public for Form 1023.

ADDRESSES: Submit comments by one of the following methods:
     http://www.PRAComment.gov.
     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 Joseph R. 
Durbala

[[Page 40032]]

at Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., 
Washington, DC 20224, or at (202) 622-3634, or through the Internet at 
RJDurbala@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Application for Recognition of Exemption Under Section 
501(c)(3) of the Internal Revenue Code.
    OMB Number: 1545-0056.
    Form Number: Form 1023.
    Abstract: Form 1023 is filed by applicants seeking Federal income 
tax exemption as organizations described in section 501(c)(3) of the 
Internal Revenue Code. IRS uses the information to determine if the 
applicant is exempt and whether the applicant is a private foundation.
    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: Not-for-profit institutions.
    Estimated Number of Respondents: 29,409.
    Estimated Time per Respondents: 106 hours, 4 minutes.
    Estimated Total Annual Burden Hours: 3,138,550.
    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: July 7, 2010.
Gerald J. Shields,
Bureau Clearance Officer.
[FR Doc. 2010-16960 Filed 7-12-10; 8:45 am]
BILLING CODE 4830-01-P