Proposed Collection; Comment Request for Regulation Project, 62500 [2011-25949]
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62500
Federal Register / Vol. 76, No. 195 / Friday, October 7, 2011 / Notices
in lieu of paying the recapture tax if the
building continues to be operated as a
qualified low-income building for the
remainder of the compliance period. For
8693 is used to post a bond under Code
section 42(j)(6) to avoid recapture of the
low-income housing credit.
Current Actions: There are no changes
being made to Form 8693 at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations and individuals.
Estimated Number of Respondents:
667.
Estimated Time per Respondent: 5
hours, 23 minutes.
Estimated Total Annual Burden
Hours: 3,589.
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: September 27, 2011.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–25951 Filed 10–6–11; 8:45 am]
BILLING CODE 4830–01–P
VerDate Mar<15>2010
16:33 Oct 06, 2011
Jkt 226001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
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
treatment of distributions to foreign
persons.
SUMMARY:
Written comments should be
received on or before December 6, 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 regulation should be
directed to Allan Hopkins, at (202) 622–
6665, or 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: Treatment of Distributions to
Foreign Persons Under Sections
367(e)(1) and 367(e)(2).
OMB Number: 1545–1487.
Regulation Project Number: REG–
209827–96 and REG–111672–99.
Abstract: Sections 367(e)(1) and
367(e)(2) provide for gain recognition on
certain transfers to foreign persons
under sections 355 and 332. Section
6038B(a) requires U.S. persons
transferring property to foreign persons
in exchanges described in sections 332
and 355 to furnish information
regarding such transfers. This
information is used by the Internal
Revenue Service to verify whether a
taxpayer is entitled to an exemption
from income tax.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
PO 00000
Frm 00165
Fmt 4703
Sfmt 4703
Estimated Number of Respondents:
414.
Estimated Time per Respondent: 5
hours, 58 minutes.
Estimated Total Annual Burden
Hours: 2,471.
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: September 27, 2011.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–25949 Filed 10–6–11; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1120–F
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
SUMMARY:
E:\FR\FM\07OCN1.SGM
07OCN1
]]>Agencies
[Federal Register Volume 76, Number 195 (Friday, October 7, 2011)]
[Notices]
[Page 62500]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-25949]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
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
treatment of distributions to foreign persons.
DATES: Written comments should be received on or before December 6,
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 regulation should be directed to Allan Hopkins, at (202)
622-6665, or 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: Treatment of Distributions to Foreign Persons Under Sections
367(e)(1) and 367(e)(2).
OMB Number: 1545-1487.
Regulation Project Number: REG-209827-96 and REG-111672-99.
Abstract: Sections 367(e)(1) and 367(e)(2) provide for gain
recognition on certain transfers to foreign persons under sections 355
and 332. Section 6038B(a) requires U.S. persons transferring property
to foreign persons in exchanges described in sections 332 and 355 to
furnish information regarding such transfers. This information is used
by the Internal Revenue Service to verify whether a taxpayer is
entitled to an exemption from income tax.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 414.
Estimated Time per Respondent: 5 hours, 58 minutes.
Estimated Total Annual Burden Hours: 2,471.
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: September 27, 2011.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-25949 Filed 10-6-11; 8:45 am]
BILLING CODE 4830-01-P
