Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 20697-20698 [2011-8950]
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Federal Register / Vol. 76, No. 71 / Wednesday, April 13, 2011 / Notices
State and metropolitan fire service
training agencies. The meeting was open
to the public.
The Federal Advisory Committee Act
requires that notices of meetings of
advisory committees be announced in
the Federal Register 15 days prior to the
meeting date. A notice of the meeting of
the Board was published in the Federal
Register on March 29, 8 days prior to
the meeting, due to administrative error.
Although the meeting notice was
published in the Federal Register late,
the Academy sent special e-mail notices
to 30,000 citizens who had expressed
interest in learning about Academy
activities and meetings, and notice of
the meeting was posted on the United
States Fire Administrator’s Web site at
https://www.usfa.dhs.gov.
Dated: April 4, 2011.
Glenn A. Gaines,
Deputy Fire Administrator, National Fire
Academy, United States Fire Administration,
Federal Emergency Management Agency.
[FR Doc. 2011–8858 Filed 4–12–11; 8:45 am]
ACTION:
General notice.
This notice advises the public
of the quarterly Internal Revenue
Service interest rates used to calculate
interest on overdue accounts
(underpayments) and refunds
(overpayments) of customs duties. For
the calendar quarter beginning April 1,
2011, the interest rates for overpayments
will be 3 percent for corporations and
4 percent for non-corporations, and the
interest rate for underpayments will be
4 percent for both corporations and noncorporations. This notice is published
for the convenience of the importing
public and Customs and Border
Protection personnel.
DATES: Effective Date: April 1, 2011.
FOR FURTHER INFORMATION CONTACT: Ron
Wyman, Revenue Division, Collection
and Refunds Branch, 6650 Telecom
Drive, Suite #100, Indianapolis, Indiana
46278; telephone (317) 614–4516.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Background
BILLING CODE 9111–45–P
DEPARTMENT OF HOMELAND
SECURITY
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in
Calculating Interest on Overdue
Accounts and Refunds on Customs
Duties
Customs and Border Protection,
Department of Homeland Security.
AGENCY:
Pursuant to 19 U.S.C. 1505 and
Treasury Decision 85–93, published in
the Federal Register on May 29, 1985
(50 FR 21832), the interest rate paid on
applicable overpayments or
underpayments of customs duties must
be in accordance with the Internal
Revenue Code rate established under 26
U.S.C. 6621 and 6622. Section 6621 was
amended (at paragraph (a)(1)(B) by the
Internal Revenue Service Restructuring
and Reform Act of 1998, Public Law
105–206, 112 Stat. 685) to provide
20697
different interest rates applicable to
overpayments: One for corporations and
one for non-corporations.
The interest rates are based on the
Federal short-term rate and determined
by the Internal Revenue Service (IRS) on
behalf of the Secretary of the Treasury
on a quarterly basis. The rates effective
for a quarter are determined during the
first-month period of the previous
quarter.
In Revenue Ruling 2011–5, the IRS
determined the rates of interest for the
calendar quarter beginning April 1,
2011, and ending on June 30, 2011. The
interest rate paid to the Treasury for
underpayments will be the Federal
short-term rate (1%) plus three
percentage points (3%) for a total of four
percent (4%) for both corporations and
non-corporations. For corporate
overpayments, the rate is the Federal
short-term rate (1%) plus two
percentage points (2%) for a total of
three percent (3%). For overpayments
made by non-corporations, the rate is
the Federal short-term rate (1%) plus
three percentage points (3%) for a total
of four percent (4%). These interest
rates are subject to change for the
calendar quarter beginning July 1, 2011,
and ending September 30, 2011.
For the convenience of the importing
public and Customs and Border
Protection personnel the following list
of IRS interest rates used, covering the
period from before July of 1974 to date,
to calculate interest on overdue
accounts and refunds of customs duties,
is published in summary format.
mstockstill on DSKH9S0YB1PROD with NOTICES
Beginning Date
Ending Date
Overpayments
(percent)
Under-payments
(percent)
Corporate Overpayments
(Eff. 1–1–99)
(percent)
070174
070175
020176
020178
020180
020182
010183
070183
010185
070185
010186
070186
010187
100187
010188
040188
100188
040189
100189
040191
010192
040192
100192
070194
100194
040195
063075
013176
013178
013180
013182
123182
063083
123184
063085
123185
063086
123186
093087
123187
033188
093088
033189
093089
033191
123191
033192
093092
063094
093094
033195
063095
6
9
7
6
12
20
16
11
13
11
10
9
9
10
11
10
11
12
11
10
9
8
7
8
9
10
6
9
7
6
12
20
16
11
13
11
10
9
8
9
10
9
10
11
10
9
8
7
6
7
8
9
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E:\FR\FM\13APN1.SGM
13APN1
20698
Federal Register / Vol. 76, No. 71 / Wednesday, April 13, 2011 / Notices
Beginning Date
Ending Date
Overpayments
(percent)
Under-payments
(percent)
Corporate Overpayments
(Eff. 1–1–99)
(percent)
070195
040196
070196
040198
010199
040199
040100
040101
070101
010102
010103
100103
040104
070104
100104
040105
100105
070106
010108
040108
070108
100108
010109
040109
010111
040111
033196
063096
033198
123198
033199
033100
033101
063001
123101
123102
093003
033104
063004
093004
033105
093005
063006
123107
033108
063008
093008
123108
033109
123110
033111
063011
9
8
9
8
7
8
9
8
7
6
5
4
5
4
5
6
7
8
7
6
5
6
5
4
3
4
8
7
8
7
7
8
9
8
7
6
5
4
5
4
5
6
7
8
7
6
5
6
5
4
3
4
...........................................
...........................................
...........................................
...........................................
6
7
8
7
6
5
4
3
4
3
4
5
6
7
6
5
4
5
4
3
2
3
Dated: April 8, 2011.
Alan Bersin,
Commissioner, U.S. Customs and Border
Protection.
[FR Doc. 2011–8950 Filed 4–12–11; 8:45 am]
BILLING CODE 9111–14–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5487–N–10]
Notice of Proposed Information
Collection for Public Comment; Public
Housing Agency (PHA) 5-Year and
Annual Plan
Office of the Assistant
Secretary for Public and Indian
Housing, HUD.
ACTION: Notice.
AGENCY:
The proposed information
collection requirement described below
will be submitted to the Office of
Management and Budget (OMB) for
review, as required by the Paperwork
Reduction Act. The Department is
soliciting public comments on the
subject proposal.
DATES: Comment Due Date: June 13,
2011.
mstockstill on DSKH9S0YB1PROD with NOTICES
SUMMARY:
Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name/or OMB Control
number and should be sent to: Colette
Pollard, Departmental Reports
ADDRESSES:
VerDate Mar<15>2010
18:37 Apr 12, 2011
Jkt 223001
Management Officer, QDAM,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Room 4160, Washington, DC 20410–
5000; telephone 202–402–3400, (this is
not a toll-free number) or e-mail Ms.
Pollard at Collette.Pollard@hud.gov.
Persons with hearing or speech
impairments may access this number
through TTY by calling the toll-free
Federal Information Relay Service at
800–877–8339. (Other than the HUD
USER information line and TTY
numbers, telephone numbers are not
toll-free.)
FOR FURTHER INFORMATION CONTACT:
Arlette Mussington, Office of Policy,
Programs and Legislative Initiatives,
PIH, Department of Housing and Urban
Development, 490 L’Enfant Plaza, Room
2206, Washington, DC 20024; telephone
202–402–4109, (this is not a toll-free
number).
The
Department will submit the proposed
information collection to OMB for
review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C.
chapter 35, as amended). This Notice is
soliciting comments from members of
the public and affected agencies
concerning the proposed collection of
information to: (1) Evaluate whether the
proposed collection of information is
necessary for the proper performance of
the functions of the agency, including
whether the information will have
practical utility; (2) evaluate the
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
accuracy of the agency’s estimate of the
burden of the proposed collection of
information; (3) enhance the quality,
utility, and clarity of the information to
be collected; and (4) minimize the
burden of the collection of information
on those who are to respond, including
through the use of appropriate
automated collection techniques or
other forms of information technology;
e.g., permitting electronic submission of
responses.
This Notice also lists the following
information:
Title of Proposal: Public Housing
Agency (PHA) 5-Year and Annual Plan.
OMB Control Number, if applicable:
2577–0226.
Description of the Need for the
Information and Proposed Use: The
PHA Plan is a comprehensive guide to
PHA policies, programs, operations, and
strategies for meeting local housing
needs and goals. The PHA Plan informs
HUD, residents, and the public of the
PHA’s mission for serving the needs of
low, very low-income, and extremely
low-income families and its strategy for
addressing those needs. This data
allows HUD to monitor the performance
of programs and the performance of
public housing agencies that administer
the programs. The PHA Plan is being
revised to clarify and provide additional
guidance on the submission
requirements for qualified and nonqualified PHAs.
Agency Form Number, if applicable:
HUD–50075; HUD–50075.1, HUD–
E:\FR\FM\13APN1.SGM
13APN1
]]>Agencies
[Federal Register Volume 76, Number 71 (Wednesday, April 13, 2011)]
[Notices]
[Pages 20697-20698]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-8950]
-----------------------------------------------------------------------
DEPARTMENT OF HOMELAND SECURITY
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in Calculating Interest on
Overdue Accounts and Refunds on Customs Duties
AGENCY: Customs and Border Protection, Department of Homeland Security.
ACTION: General notice.
-----------------------------------------------------------------------
SUMMARY: This notice advises the public of the quarterly Internal
Revenue Service interest rates used to calculate interest on overdue
accounts (underpayments) and refunds (overpayments) of customs duties.
For the calendar quarter beginning April 1, 2011, the interest rates
for overpayments will be 3 percent for corporations and 4 percent for
non-corporations, and the interest rate for underpayments will be 4
percent for both corporations and non-corporations. This notice is
published for the convenience of the importing public and Customs and
Border Protection personnel.
DATES: Effective Date: April 1, 2011.
FOR FURTHER INFORMATION CONTACT: Ron Wyman, Revenue Division,
Collection and Refunds Branch, 6650 Telecom Drive, Suite 100,
Indianapolis, Indiana 46278; telephone (317) 614-4516.
SUPPLEMENTARY INFORMATION:
Background
Pursuant to 19 U.S.C. 1505 and Treasury Decision 85-93, published
in the Federal Register on May 29, 1985 (50 FR 21832), the interest
rate paid on applicable overpayments or underpayments of customs duties
must be in accordance with the Internal Revenue Code rate established
under 26 U.S.C. 6621 and 6622. Section 6621 was amended (at paragraph
(a)(1)(B) by the Internal Revenue Service Restructuring and Reform Act
of 1998, Public Law 105-206, 112 Stat. 685) to provide different
interest rates applicable to overpayments: One for corporations and one
for non-corporations.
The interest rates are based on the Federal short-term rate and
determined by the Internal Revenue Service (IRS) on behalf of the
Secretary of the Treasury on a quarterly basis. The rates effective for
a quarter are determined during the first-month period of the previous
quarter.
In Revenue Ruling 2011-5, the IRS determined the rates of interest
for the calendar quarter beginning April 1, 2011, and ending on June
30, 2011. The interest rate paid to the Treasury for underpayments will
be the Federal short-term rate (1%) plus three percentage points (3%)
for a total of four percent (4%) for both corporations and non-
corporations. For corporate overpayments, the rate is the Federal
short-term rate (1%) plus two percentage points (2%) for a total of
three percent (3%). For overpayments made by non-corporations, the rate
is the Federal short-term rate (1%) plus three percentage points (3%)
for a total of four percent (4%). These interest rates are subject to
change for the calendar quarter beginning July 1, 2011, and ending
September 30, 2011.
For the convenience of the importing public and Customs and Border
Protection personnel the following list of IRS interest rates used,
covering the period from before July of 1974 to date, to calculate
interest on overdue accounts and refunds of customs duties, is
published in summary format.
----------------------------------------------------------------------------------------------------------------
Corporate
Beginning Date Ending Date Overpayments Under-payments Overpayments (Eff. 1-
(percent) (percent) 1-99) (percent)
----------------------------------------------------------------------------------------------------------------
070174 063075 6 6 ....................
070175 013176 9 9 ....................
020176 013178 7 7 ....................
020178 013180 6 6 ....................
020180 013182 12 12 ....................
020182 123182 20 20 ....................
010183 063083 16 16 ....................
070183 123184 11 11 ....................
010185 063085 13 13 ....................
070185 123185 11 11 ....................
010186 063086 10 10 ....................
070186 123186 9 9 ....................
010187 093087 9 8 ....................
100187 123187 10 9 ....................
010188 033188 11 10 ....................
040188 093088 10 9 ....................
100188 033189 11 10 ....................
040189 093089 12 11 ....................
100189 033191 11 10 ....................
040191 123191 10 9 ....................
010192 033192 9 8 ....................
040192 093092 8 7 ....................
100192 063094 7 6 ....................
070194 093094 8 7 ....................
100194 033195 9 8 ....................
040195 063095 10 9 ....................
[[Page 20698]]
070195 033196 9 8 ....................
040196 063096 8 7 ....................
070196 033198 9 8 ....................
040198 123198 8 7 ....................
010199 033199 7 7 6
040199 033100 8 8 7
040100 033101 9 9 8
040101 063001 8 8 7
070101 123101 7 7 6
010102 123102 6 6 5
010103 093003 5 5 4
100103 033104 4 4 3
040104 063004 5 5 4
070104 093004 4 4 3
100104 033105 5 5 4
040105 093005 6 6 5
100105 063006 7 7 6
070106 123107 8 8 7
010108 033108 7 7 6
040108 063008 6 6 5
070108 093008 5 5 4
100108 123108 6 6 5
010109 033109 5 5 4
040109 123110 4 4 3
010111 033111 3 3 2
040111 063011 4 4 3
----------------------------------------------------------------------------------------------------------------
Dated: April 8, 2011.
Alan Bersin,
Commissioner, U.S. Customs and Border Protection.
[FR Doc. 2011-8950 Filed 4-12-11; 8:45 am]
BILLING CODE 9111-14-P
