Proposed Collection; Comment Request for Form 8950, 17989-17990 [2011-7529]

Download as PDF Federal Register / Vol. 76, No. 62 / Thursday, March 31, 2011 / Notices Type of Review: Revision of a currently approved collection. Affected Public: Business or other forprofit organizations, individuals or households, not-for-profit institutions, farms, Federal government and state, local or tribal governments. Estimated Number of Respondents: 1,612,708. Estimated Total Annual Burden Hours: 15,988,579. 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: March 23, 2011. Yvette B. Lawrence, IRS Reports Clearance Officer. [FR Doc. 2011–7508 Filed 3–30–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY wwoods2 on DSK1DXX6B1PROD with NOTICES Internal Revenue Service Proposed Collection; Comment Request for Form 8951 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: VerDate Mar<15>2010 11:23 Mar 31, 2011 Jkt 223001 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 8951, Compliance Fee for Employee Plans Voluntary Correction Program Submission. SUMMARY: Written comments should be received on or before May 31, 2011 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, 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 Allan Hopkins, (202) 622–6665, at Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Allan.M.Hopkins@irs.gov. DATES: SUPPLEMENTARY INFORMATION: Title: Compliance Fee for Employee Plans Voluntary Correction Program Submission. OMB Number: 1545–XXXX. Form Number: Form 8951. Abstract: The proposed collection of information is necessary for the proper performance of the Service in granting applications for the Voluntary Correction with Service Approval Program (VCP). VCP is an integral part of the Employee Plans Compliance Resolution System as currently contained in Revenue Procedure 2008– 50 and subsequent revisions. Current Actions: This form is being submitted for OMB approval. Type of Review: New collection. Affected Public: Businesses and other for-profit organizations and Not-forprofit organizations. Estimated Number of Respondents: 5,000. Estimated Time per Respondent: 11 hours 19 minutes. Estimated Total Annual Burden Hours: 56,600. 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. PO 00000 Frm 00173 Fmt 4703 Sfmt 4703 17989 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: March 9, 2011. Yvette Lawrence, IRS Reports Clearance Officer. [FR Doc. 2011–7531 Filed 3–30–11; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 8950 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 Form 8951, Application for Voluntary Correction Program (VCP). DATES: Written comments should be received on or before May 31, 2011 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, Internal Revenue SUMMARY: E:\FR\FM\31MR1.SGM 31MR1 17990 Federal Register / Vol. 76, No. 62 / Thursday, March 31, 2011 / Notices 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 Allan Hopkins, (202) 622–6665, at Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, or through the Internet at Allan.M.Hopkins@irs.gov. wwoods2 on DSK1DXX6B1PROD with NOTICES SUPPLEMENTARY INFORMATION: Title: Application for Voluntary Correction Program (VCP). OMB Number: 1545–XXXX. Form Number: Form 8950. Abstract: The proposed collection of information is necessary for the proper performance of the Service in granting applications for the Voluntary Correction with Service Approval Program (VCP). VCP is an integral part of the Employee Plans Compliance Resolution System as currently contained in Revenue Procedure 2008– 50 and subsequent revisions. Current Actions: This new form is being submitted for OMB approval. Type of Review: New collection. Affected Public: Businesses and other for-profit organizations and not-forprofit institutions. Estimated Number of Respondents: 5,000. Estimated Time per Respondent: 25 hours 49 minutes. Estimated Total Annual Burden Hours: 129,050. 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 VerDate Mar<15>2010 11:23 Mar 31, 2011 Jkt 223001 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. nuclear decommissioning fund and contributions to such a fund. Section 1.468A–5 (a)(l)(i) of the Income Tax Regulations requires that each qualified nuclear decommissioning fund be established as a trust under State law. Certain trusts may constitute associations taxable as corporations under classification standards set forth in sections 301.7701–2 through Approved: March 9, 2011. 301.7701–4. If a trust is classified as a Yvette Lawrence, taxable corporation, the corporate tax IRS Reports Clearance Officer. could deplete the assets in the fund, [FR Doc. 2011–7529 Filed 3–30–11; 8:45 am] thereby impairing their ability to BILLING CODE 4830–01–P achieve the purpose for which they were created. In addition, the classification of a fund will impact on DEPARTMENT OF THE TREASURY the schedule of ruling amounts approved by the Service under section Internal Revenue Service 468A. [T.D. 8461] Current Actions: There is no change to this existing regulation. Proposed Collection; Comment Type of Review: Extension of a Request for Regulation Project currently approved collection. Affected Public: Business or other forAGENCY: Internal Revenue Service (IRS), profit organizations. Treasury. Estimated Number of Respondents: ACTION: Notice and request for 50. comments. Estimated Time per Respondent: 3 hours. SUMMARY: The Department of the Estimated Total Annual Burden Treasury, as part of its continuing effort Hours: 150. to reduce paperwork and respondent The following paragraph applies to all burden, invites the general public and of the collections of information covered other Federal agencies to take this by this notice: opportunity to comment on proposed An agency may not conduct or and/or continuing information sponsor, and a person is not required to collections, as required by the respond to, a collection of information Paperwork Reduction Act of 1995, unless the collection of information Public Law 104–13 (44 U.S.C. displays a valid OMB control number. 3506(c)(2)(A)). Currently, the IRS is Books or records relating to a collection soliciting comments concerning an of information must be retained as long existing final regulation, T.D. 8461, as their contents may become material Nuclear Decommissioning Fund in the administration of any internal Qualification Requirements (§ 1.468A– revenue law. Generally, tax returns and 3). tax return information are confidential, DATES: Written comments should be as required by 26 U.S.C. 6103. received on or before May 31, 2011 to Request for Comments: Comments be assured of consideration. submitted in response to this notice will ADDRESSES: Direct all written comments be summarized and/or included in the to Yvette B. Lawrence, Internal Revenue request for OMB approval. All Service, Room 6129, 1111 Constitution comments will become a matter of Avenue, NW., Washington, DC 20224. public record. Comments are invited on: (a) Whether the collection of FOR FURTHER INFORMATION CONTACT: information is necessary for the proper Requests for additional information or performance of the functions of the copies of the regulation should be agency, including whether the directed to Joel Goldberger, at (202) information shall have practical utility; 927–9368 or at Internal Revenue (b) the accuracy of the agency’s estimate Service, Room 6129, 1111 Constitution of the burden of the collection of Avenue, NW., Washington, DC 20224, information; (c) ways to enhance the or through the Internet, at quality, utility, and clarity of the Joel.P.Goldberger@irs.gov. information to be collected; (d) ways to SUPPLEMENTARY INFORMATION: Title: Nuclear Decommissioning Fund minimize the burden of the collection of information on respondents, including Qualification Requirements. through the use of automated collection OMB Number: 1545–1269. Regulation Project Number: T.D. 8461. techniques or other forms of information technology; and (e) estimates of capital Abstract: Section 468A outlines rules or start-up costs and costs of operation, governing the treatment of a qualified PO 00000 Frm 00174 Fmt 4703 Sfmt 4703 E:\FR\FM\31MR1.SGM 31MR1

Agencies

[Federal Register Volume 76, Number 62 (Thursday, March 31, 2011)]
[Notices]
[Pages 17989-17990]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-7529]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8950

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 8951, Application for Voluntary Correction Program (VCP).

DATES: Written comments should be received on or before May 31, 2011 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Yvette Lawrence, Internal 
Revenue

[[Page 17990]]

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 Allan 
Hopkins, (202) 622-6665, at Internal Revenue Service, room 6129, 1111 
Constitution Avenue, NW., Washington, DC 20224, or through the Internet 
at Allan.M.Hopkins@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Application for Voluntary Correction Program (VCP).
    OMB Number: 1545-XXXX.
    Form Number: Form 8950.
    Abstract: The proposed collection of information is necessary for 
the proper performance of the Service in granting applications for the 
Voluntary Correction with Service Approval Program (VCP). VCP is an 
integral part of the Employee Plans Compliance Resolution System as 
currently contained in Revenue Procedure 2008-50 and subsequent 
revisions.
    Current Actions: This new form is being submitted for OMB approval.
    Type of Review: New collection.
    Affected Public: Businesses and other for-profit organizations and 
not-for-profit institutions.
    Estimated Number of Respondents: 5,000.
    Estimated Time per Respondent: 25 hours 49 minutes.
    Estimated Total Annual Burden Hours: 129,050.
    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: March 9, 2011.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-7529 Filed 3-30-11; 8:45 am]
BILLING CODE 4830-01-P
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