Proposed Collection; Comment Request for Revenue Procedure 2001-37, 47060 [2010-19096]
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47060
Federal Register / Vol. 75, No. 149 / Wednesday, August 4, 2010 / Notices
OMB Number: 1545–1616.
Regulation Project Numbers: REG–
115393–98.
Abstract: The regulations provide
guidance on establishing Roth IRAs,
contributions to Roth IRAs, converting
amounts to Roth IRAs, recharacterizing
IRA contributions, Roth IRA
distributions and Roth IRA reporting
requirements.
Current Actions: There is no change to
this existing regulation.
Type of review: Extension of OMB
approval.
Affected Public: Individuals or
households, business or other for-profit
and not-for-profit organizations.
Estimated Number of Respondents:
3,150,000.
Estimated Time per Respondent: 1
minute for designating an IRA as a Roth
IRA. 30 minutes for recharacterizing an
IRA contribution.
Estimated Total Annual Burden
Hours: 125,000.
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.
VerDate Mar<15>2010
16:26 Aug 03, 2010
Jkt 220001
Approved: July 2, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010–19085 Filed 8–3–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2001–
37
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
Revenue Procedure 2001–37,
Extraterritorial Income Exclusion
Elections.
SUMMARY:
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
56.
Estimated Time per Respondent: 20
minutes.
Estimated Total Annual Burden
Hours: 19.
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.
Written comments should be
received on or before October 4, 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 revenue procedure 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.
Approved: July 10, 2010.
Gerald Shields,
Supervisory Tax Analyst.
SUPPLEMENTARY INFORMATION:
[FR Doc. 2010–19096 Filed 8–3–10; 8:45 am]
DATES:
Title: Extraterritorial Income
Exclusion Elections.
OMB Number: 1545–1731.
Revenue Procedure Number: Revenue
Procedure 2001–37.
Abstract: Revenue Procedure 2001–37
provides guidance for implementing the
elections (and revocation of such
elections) established under the ‘‘FSC
Repeal and Extraterritorial Income
Exclusion Act of 2000’’.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
PO 00000
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BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Area 1 Taxpayer
Advocacy Panel (Including the States
of New York, Connecticut,
Massachusetts, Rhode Island, New
Hampshire, Vermont and Maine)
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of meeting.
AGENCY:
E:\FR\FM\04AUN1.SGM
04AUN1
]]>Agencies
[Federal Register Volume 75, Number 149 (Wednesday, August 4, 2010)]
[Notices]
[Page 47060]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-19096]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2001-
37
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
Revenue Procedure 2001-37, Extraterritorial Income Exclusion Elections.
DATES: Written comments should be received on or before October 4, 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 revenue procedure 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: Extraterritorial Income Exclusion Elections.
OMB Number: 1545-1731.
Revenue Procedure Number: Revenue Procedure 2001-37.
Abstract: Revenue Procedure 2001-37 provides guidance for
implementing the elections (and revocation of such elections)
established under the ``FSC Repeal and Extraterritorial Income
Exclusion Act of 2000''.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 56.
Estimated Time per Respondent: 20 minutes.
Estimated Total Annual Burden Hours: 19.
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 10, 2010.
Gerald Shields,
Supervisory Tax Analyst.
[FR Doc. 2010-19096 Filed 8-3-10; 8:45 am]
BILLING CODE 4830-01-P
