Proposed Collection; Comment Request for Regulation Project, 44845-44846 [2010-18699]
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Federal Register / Vol. 75, No. 145 / Thursday, July 29, 2010 / Notices
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 2, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010–18686 Filed 7–28–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 89–102
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 Notice
89–102, Treatment of Acquisition of
Certain Financial Institutions; Tax
Consequences of Federal Financial
Assistance.
DATES: Written comments should be
received on or before September 27,
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 regulations 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: Treatment of Acquisition of
Certain Financial Institutions; Tax
Consequences of Federal Financial
Assistance.
OMB Number: 1545–1141.
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
14:42 Jul 28, 2010
Jkt 220001
Notice Number: Notice 89–102.
Abstract: Section 597 of the Internal
Revenue Code provides that the
Secretary of the Treasury shall provide
guidance concerning the tax
consequences of Federal financial
assistance received by certain financial
institutions. Notice 89–102 provides
that qualifying financial institutions that
receive Federal financial assistance
prior to a planned sale of their assets or
their stock to another institution may
elect to defer payment of any net tax
liability attributable to the assistance.
Such financial institutions must file a
statement describing the assistance
received, the date of receipt and any
amounts deferred.
Current Actions: There are no changes
to this notice at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
250.
Estimated Average Time per
Respondent: 30 minutes.
Estimated Total Annual Burden
Hours: 125.
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.
PO 00000
Frm 00090
Fmt 4703
Sfmt 4703
44845
Approved: July 7, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010–18700 Filed 7–28–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–208985–89]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
AGENCY:
Notice and request for
comments.
ACTION:
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 notice of proposed
rulemaking, REG–208985–89, Taxable
Year of Certain Foreign Corporations
Beginning After July 10, 1989 (Sec. Sec.
1.563–3, 1.898–3, and 1.898–4).
SUMMARY:
Written comments should be
received on or before September 27,
2010 to be assured of consideration.
DATES:
Direct all written comments
to Gerald Shields, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations 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: Taxable Year of Certain Foreign
Corporations Beginning After July 10,
1989.
OMB Number: 1545–1355.
Regulation Project Number: REG–
208985–89 (formerly INTL–848–89).
Abstract: This regulation provides
guidance concerning Internal Revenue
Code section 898, which seeks to
eliminate the deferral of income and,
therefore, the understatement in
E:\FR\FM\29JYN1.SGM
29JYN1
WReier-Aviles on DSKGBLS3C1PROD with NOTICES
44846
Federal Register / Vol. 75, No. 145 / Thursday, July 29, 2010 / Notices
income, by United States shareholders
of certain controlled foreign
corporations and foreign personal
holding companies. The elimination of
deferral is accomplished by requiring a
specified foreign corporation to conform
its taxable year to the majority U.S.
shareholder year. The information
collected will be used by the IRS to
assess the reported tax and determine
whether taxpayers have complied with
Code section 898.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
700.
Estimated Time per Respondent: 1
hour.
Estimate Total Annual Burden Hours:
700.
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 Shields,
Supervisory Tax Analyst.
[FR Doc. 2010–18699 Filed 7–28–10; 8:45 am]
BILLING CODE 4830–01–P
VerDate Mar<15>2010
12:45 Jul 28, 2010
Jkt 220001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–209274–85]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 notice of proposed rulemaking
and temporary regulation, REG–209274–
85 (TD 8033) Tax Exempt Entity Leasing
(§ 1.168).
DATES: Written comments should be
received on or before September 27,
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 regulations 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: Tax-Exempt Entity Leasing.
OMB Number: 1545–0923.
Regulation Project Number: REG–
209274–85.
Abstract: These regulations provide
guidance to persons executing lease
agreements involving tax-exempt
entities under 168(h) of the Internal
Revenue Code. The regulations are
necessary to implement Congressionally
enacted legislation and elections for
certain previously tax-exempt
organizations and certain tax-exempt
controlled entities.
Current Actions: There are no changes
to these existing regulations.
Type of Review: Extension of OMB
approval.
Affected Public: Not-for-profit
institutions and state, local or tribal
governments.
Estimated Number of Respondents:
4,000.
SUMMARY:
PO 00000
Frm 00091
Fmt 4703
Sfmt 4703
Estimated Time per Respondent: 30
minutes.
Estimate Total Annual Burden Hours:
2,000.
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: June 22, 2010.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2010–18698 Filed 7–28–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8874–A
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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
SUMMARY:
E:\FR\FM\29JYN1.SGM
29JYN1
]]>Agencies
[Federal Register Volume 75, Number 145 (Thursday, July 29, 2010)]
[Notices]
[Pages 44845-44846]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-18699]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-208985-89]
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 notice of proposed rulemaking, REG-208985-89, Taxable
Year of Certain Foreign Corporations Beginning After July 10, 1989
(Sec. Sec. 1.563-3, 1.898-3, and 1.898-4).
DATES: Written comments should be received on or before September 27,
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 regulations 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: Taxable Year of Certain Foreign Corporations Beginning After
July 10, 1989.
OMB Number: 1545-1355.
Regulation Project Number: REG-208985-89 (formerly INTL-848-89).
Abstract: This regulation provides guidance concerning Internal
Revenue Code section 898, which seeks to eliminate the deferral of
income and, therefore, the understatement in
[[Page 44846]]
income, by United States shareholders of certain controlled foreign
corporations and foreign personal holding companies. The elimination of
deferral is accomplished by requiring a specified foreign corporation
to conform its taxable year to the majority U.S. shareholder year. The
information collected will be used by the IRS to assess the reported
tax and determine whether taxpayers have complied with Code section
898.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 700.
Estimated Time per Respondent: 1 hour.
Estimate Total Annual Burden Hours: 700.
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 Shields,
Supervisory Tax Analyst.
[FR Doc. 2010-18699 Filed 7-28-10; 8:45 am]
BILLING CODE 4830-01-P
