Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 41283-41284 [2011-17614]

Download as PDF 41283 Federal Register / Vol. 76, No. 134 / Wednesday, July 13, 2011 / Notices Massachusetts Avenue, NW., Washington, DC 20529–2020; Telephone 202–272–8377. Background Pursuant to 19 U.S.C. 1505 and Treasury Decision 85–93, published in Beginning date mstockstill on DSK4VPTVN1PROD with NOTICES proposed collection of information, including the validity of the methodology and assumptions used; (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, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Overview of this information collection: (1) Type of Information Collection: Extension of a currently approved information collection. (2) Title of the Form/Collection: Request to Enforce Affidavit of Financial Support and Intent to Petition for Custody for Public Law 97–359 Amerasian. (3) Agency form number, if any, and the applicable component of the Department of Homeland Security sponsoring the collection: Form I–363; U.S. Citizenship and Immigration Services (USCIS). (4) Affected public who will be asked or required to respond, as well as a brief abstract: Primary: Individuals or Households. Form I–363 is used by applicants to ensure the financial support of a U.S. citizen. Without the use of Form I–363, the USCIS is not able to ensure the child does not become a public charge. (5) An estimate of the total number of respondents and the amount of time estimated for an average respondent to respond: 50 responses at 30 minutes (.50 hours) per response. (6) An estimate of the total public burden (in hours) associated with the collection: 25 annual burden hours. If you need a copy of the information collection instrument, please visit the Web site at: https://www.regulations.gov. We may also be contacted at: USCIS, Regulatory Products Division, Office of the Executive Secretariat, 20 Ending date 070174 070175 020176 020178 020180 020182 010183 070183 010185 070185 010186 ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ VerDate Mar<15>2010 17:36 Jul 12, 2011 Jkt 223001 Dated: July 7, 2011. Sunday Aigbe, Chief, Regulatory Products Division, Office of the Executive Secretariat, U.S. Citizenship and Immigration Services, Department of Homeland Security. [FR Doc. 2011–17552 Filed 7–12–11; 8:45 am] BILLING CODE 9111–97–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. ACTION: General notice. AGENCY: 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 July 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: July 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: 063075 013176 013178 013180 013182 123182 063083 123184 063085 123185 063086 PO 00000 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, Pub. L. 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 2011–12, the IRS determined the rates of interest for the calendar quarter beginning July 1, 2011, and ending on September 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 October 1, 2011, and ending December 31, 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. Underpayments (percent) ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... Frm 00098 Fmt 4703 Sfmt 4703 E:\FR\FM\13JYN1.SGM 6 9 7 6 12 20 16 11 13 11 10 13JYN1 Overpayments (percent) Corporate Overpayments (Eff. 1–1–99) (percent) 6 9 7 6 12 20 16 11 13 11 10 ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ ........................ 41284 Federal Register / Vol. 76, No. 134 / Wednesday, July 13, 2011 / Notices 070186 010187 100187 010188 040188 100188 040189 100189 040191 010192 040192 100192 070194 100194 040195 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 ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ ............................................................ Dated: July 5, 2011. Alan D. Bersin, Commissioner, U.S. Customs and Border Protection. BILLING CODE 9111–14–P DEPARTMENT OF THE INTERIOR Fish and Wildlife Service mstockstill on DSK4VPTVN1PROD with NOTICES [FWS–R1–R–2011–N089; 1265–0000–10137– S3] Cold Springs and McKay Creek National Wildlife Refuges, Umatilla County, OR; Comprehensive Conservation Plan and Environmental Assessment Fish and Wildlife Service, Interior. ACTION: Notice of intent; request for comments. AGENCY: 17:36 Jul 12, 2011 Jkt 223001 123186 093087 123187 033188 093088 033189 093089 033191 123191 033192 093092 063094 093094 033195 063095 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 093011 ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... ........................................................... We, the U.S. Fish and Wildlife Service (Service) intend to prepare a comprehensive conservation plan (CCP) and environmental assessment (EA) for Cold Springs and McKay Creek National Wildlife Refuges, located in Umatilla County, Oregon. We provide this notice in compliance with our CCP policy to advise other Federal and State agencies, Tribes, and the public of our intentions and to obtain suggestions and information on the scope of issues to consider in the planning process. SUMMARY: [FR Doc. 2011–17614 Filed 7–12–11; 8:45 am] VerDate Mar<15>2010 Underpayments (percent) Ending date Beginning date To ensure consideration, please provide your written comments by August 12, 2011. DATES: Send your comments or requests for more information by any of the following methods: • E-mail: mcriver@fws.gov. Include ‘‘Cold Springs and McKay Creek NWRs CCP’’ in the subject line of the message. ADDRESSES: PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 Overpayments (percent) Corporate Overpayments (Eff. 1–1–99) (percent) 9 8 9 10 9 10 11 10 9 8 7 6 7 8 9 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 9 9 10 11 10 11 12 11 10 9 8 7 8 9 10 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 • Fax: Attn: Lamont Glass, Refuge Manager, (509) 546–8303. • U.S. Mail: Mid Columbia River National Wildlife Refuge Complex, Cold Springs and McKay Creek CCP, 64 Maple Street, Burbank, WA 99323. • In-Person Drop-off: You may drop off comments during regular business hours at the above address. FOR FURTHER INFORMATION CONTACT: Lamont Glass, Refuge Manager, Cold Springs and McKay Creek National Wildlife Refuges, (509) 546–8313 (phone), lamont_glass@fws.gov (e-mail). SUPPLEMENTARY INFORMATION: Introduction With this notice, we initiate our process for developing a CCP for Cold Springs and McKay Creek National Wildlife Refuges (NWRs), in Umatilla County, Oregon. This notice complies with our CCP policy to (1) Advise other Federal and State agencies, Tribes, and E:\FR\FM\13JYN1.SGM 13JYN1

Agencies

[Federal Register Volume 76, Number 134 (Wednesday, July 13, 2011)]
[Notices]
[Pages 41283-41284]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-17614]


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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 July 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: July 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, Pub. L. 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 2011-12, the IRS determined the rates of interest 
for the calendar quarter beginning July 1, 2011, and ending on 
September 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 October 
1, 2011, and ending December 31, 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
                                                                   Underpayments   Overpayments    Overpayments
            Beginning date                     Ending date           (percent)       (percent)     (Eff. 1-1-99)
                                                                                                     (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  ..............

[[Page 41284]]

 
070186................................  123186..................               9               9  ..............
010187................................  093087..................               9               8  ..............
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010188................................  033188..................              11              10  ..............
040188................................  093088..................              10               9  ..............
100188................................  033189..................              11              10  ..............
040189................................  093089..................              12              11  ..............
100189................................  033191..................              11              10  ..............
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040192................................  093092..................               8               7  ..............
100192................................  063094..................               7               6  ..............
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100194................................  033195..................               9               8  ..............
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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................................  093011..................               4               4               3
----------------------------------------------------------------------------------------------------------------


    Dated: July 5, 2011.
Alan D. Bersin,
Commissioner, U.S. Customs and Border Protection.
[FR Doc. 2011-17614 Filed 7-12-11; 8:45 am]
BILLING CODE 9111-14-P
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