Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 64964-64966 [2011-27088]

Download as PDF 64964 Federal Register / Vol. 76, No. 202 / Wednesday, October 19, 2011 / Notices Dated: August 16, 2011. Ira S. Reese, Executive Director, Laboratories and Scientific Services. Dated: August 16, 2011. Ira S. Reese, Executive Director, Laboratories and Scientific Services. [FR Doc. 2011–27003 Filed 10–18–11; 8:45 am] [FR Doc. 2011–26997 Filed 10–18–11; 8:45 am] BILLING CODE 9111–14–P BILLING CODE 9111–14–P DEPARTMENT OF HOMELAND SECURITY DEPARTMENT OF HOMELAND SECURITY Bureau of Customs and Border Protection Bureau of Customs and Border Protection Re-Accreditation and Re-Approval of Inspectorate America Corporation as a Commercial Gauger and Laboratory Bureau of Customs and Border Protection, Department of Homeland Security. AGENCY: Notice of re-approval of Inspectorate America Corporation, Savannah, Georgia, as a commercial gauger and laboratory. ACTION: Notice is hereby given that, pursuant to 19 CFR 151.13, Inspectorate America Corporation, Savannah, Georgia 31415, has been re-approved to gauge petroleum and petroleum products, organic chemicals and vegetable oils, for customs purposes, in accordance with the provisions of 19 CFR 151.12 and 151.13. Anyone wishing to employ this entity to conduct laboratory analysis or gauger services should request and receive written assurances from the entity that it is accredited or approved by the Bureau of Customs and Border Protection to conduct the specific test or gauger service requested. Alternatively, inquiries regarding the specific test or gauger service this entity is accredited or approved to perform may be directed to the Bureau of Customs and Border Protection by calling (202) 344–1060. The inquiry may also be sent to https://www.cbp.gov/xp/cgov/import/ operations_support/labs_scientific_svcs/ org_and_operations.xml. The re-approval of Inspectorate America Corporation as a commercial gauger and laboratory became effective on May 19, 2011. The next triennial inspection date will be scheduled for May 2014. emcdonald on DSK5VPTVN1PROD with NOTICES DATES: FOR FURTHER INFORMATION CONTACT: Donald Cousins, Director, Scientific Services, Laboratories and Scientific Services, Bureau of Customs and Border Protection, 1331 Pennsylvania Avenue, NW., Suite 1500N, Washington, DC 20229, 202–344–1295. 16:34 Oct 18, 2011 Jkt 226001 Bureau of Customs and Border Protection, Department of Homeland Security. ACTION: Notice of re-approval of SGS North America, Inc., Bayonne, New Jersey, as a commercial gauger and laboratory. AGENCY: Notice is hereby given that, pursuant to 19 CFR 151.13, SGS North America, Inc., Bayonne, New Jersey 07002, has been re-approved to gauge petroleum and petroleum products, organic chemicals and vegetable oils, for customs purposes, in accordance with the provisions of 19 CFR 151.12 and 151.13. Anyone wishing to employ this entity to conduct laboratory analysis or gauger services should request and receive written assurances from the entity that it is accredited or approved by the Bureau of Customs and Border Protection to conduct the specific test or gauger service requested. Alternatively, inquiries regarding the specific test or gauger service this entity is accredited or approved to perform may be directed to the Bureau of Customs and Border Protection by calling (202) 344–1060. The inquiry may also be sent to https://www.cbp.gov/xp/cgov/import/ operations_support/labs_scientific_svcs/ org_and_operations.xml. DATES: The re-approval of SGS North America, Inc. as a commercial gauger and laboratory became effective on May 2, 2011. The next triennial inspection date will be scheduled for May 2014. FOR FURTHER INFORMATION CONTACT: Donald Cousins, Director, Scientific Services, Laboratories and Scientific Services, Bureau of Customs and Border Protection, 1331 Pennsylvania Avenue, NW., Suite 1500N, Washington, DC 20229, 202–344–1295. SUMMARY: SUMMARY: VerDate Mar<15>2010 Re-Accreditation and Re-Approval of SGS North America, Inc. as a Commercial Gauger and Laboratory Dated: August 16, 2011. Ira S. Reese, Executive Director, Laboratories and Scientific Services. [FR Doc. 2011–26996 Filed 10–18–11; 8:45 am] BILLING CODE 9111–14–P PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 DEPARTMENT OF HOMELAND SECURITY 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 October 1, 2011, the interest rates for overpayments will be 2 percent for corporations and 3 percent for noncorporations, and the interest rate for underpayments will be 3 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: October 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 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 2011–18, the IRS determined the rates of interest for the calendar quarter beginning October 1, 2011, and ending on December 31, 2011. The interest rate paid to the Treasury for E:\FR\FM\19OCN1.SGM 19OCN1 64965 Federal Register / Vol. 76, No. 202 / Wednesday, October 19, 2011 / Notices underpayments will be the Federal short-term rate (1%) plus two percentage points (2%) for a total of three percent (3%) for both corporations and non-corporations. For corporate overpayments, the rate is the Federal short-term rate (1%) plus one percentage point (1%) for a total of two percent (2%). For overpayments made by non-corporations, the rate is the Federal short-term rate (1%) plus two percentage points (2%) for a total of three percent (3%). These interest rates are subject to change for the calendar quarter beginning January 1, 2012, and ending March 31, 2012. Ending date emcdonald on DSK5VPTVN1PROD with NOTICES Beginning date 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 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 100111 ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... ..................................................................................... VerDate Mar<15>2010 16:34 Oct 18, 2011 Jkt 226001 PO 00000 Frm 00074 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 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 123111 Fmt 4703 Sfmt 4703 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. Under-payments (percent) Over-payments (percent) 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 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 3 E:\FR\FM\19OCN1.SGM 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 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 3 19OCN1 Corporate over-payments (Eff. 1–1–99) (percent) .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. .............................. 6 7 8 7 6 5 4 3 4 3 4 5 6 7 6 5 4 5 4 3 2 3 2 64966 Federal Register / Vol. 76, No. 202 / Wednesday, October 19, 2011 / Notices Dated: October 12, 2011. Alan D. Bersin, Commissioner, U.S. Customs and Border Protection. [FR Doc. 2011–27088 Filed 10–18–11; 8:45 am] BILLING CODE 9111–14–P DEPARTMENT OF HOMELAND SECURITY Bureau of Customs and Border Protection Re-Accreditation and Re-Approval of Intertek Caleb Brett as a Commercial Gauger Bureau of Customs and Border Protection, Department of Homeland Security. AGENCY: Notice of re-approval of Intertek Caleb Brett, Ponce, Puerto Rico, as a commercial gauger. ACTION: Notice is hereby given that, pursuant to 19 CFR 151.13, Intertek Caleb Brett, Ponce, Puerto Rico 00717– 2235, has been re-approved to gauge petroleum and petroleum products, organic chemicals and vegetable oils, for customs purposes, in accordance with the provisions of 19 CFR 151.12 and 151.13. Anyone wishing to employ this entity to conduct gauger services should request and receive written assurances from the entity that it is accredited or approved by the Bureau of Customs and Border Protection to conduct the gauger service requested. Alternatively, inquiries regarding the gauger services this entity is accredited or approved to perform may be directed to the Bureau of Customs and Border Protection by calling (202) 344–1060. The inquiry may also be sent to https://www.cbp.gov/xp/ cgov/import/operations_support/ labs_scientific_svcs/ org_and_operations.xml. SUMMARY: The re-approval of Intertek Caleb Brett as a commercial gauger became effective on March 10, 2010. The next triennial inspection date will be scheduled for March 2013. DATES: emcdonald on DSK5VPTVN1PROD with NOTICES FOR FURTHER INFORMATION CONTACT: Donald Cousins, Director, Scientific Services, Laboratories and Scientific Services, Bureau of Customs and Border Protection, 1331 Pennsylvania Avenue, NW., Suite 1500N, Washington, DC 20229, 202–344–1295. Dated: August 16, 2011. Ira S. Reese, Executive Director, Laboratories and Scientific Services . [FR Doc. 2011–26976 Filed 10–18–11; 8:45 am] BILLING CODE 9111–14–P VerDate Mar<15>2010 16:34 Oct 18, 2011 Jkt 226001 13045; by facsimile at 607–753–9699; or by electronic mail at Fish and Wildlife Service robyn_niver@fws.gov. In the subject line of your letter, facsimile or electronic [FWS–R5–ES–2011–N174; 50120–1112– mail, include the document identifier: 0000–F2] NG HCP. Notice of Availability of a Draft SUPPLEMENTARY INFORMATION: We Environmental Assessment and received a permit application from NG Receipt of an Application for an for incidental take of federally listed Incidental Take Permit for Karner Blue Karner blue butterfly (Lycaeides melissa Butterfly and Frosted Elfin From samuelis) and unlisted frosted elfin National Grid (Callophyrs irus) (should this species become listed in the future) over the AGENCY: Fish and Wildlife Service, next 50 years during operations, Interior. maintenance, and construction activities ACTION: Notice of availability of draft associated with electric and natural gas environmental assessment, receipt of facilities. A conservation program to application, and habitat conservation minimize and mitigate for the incidental plan. take would be implemented by NG as SUMMARY: Pursuant to section 10(a)(1)(B) described in the draft NG HCP. We prepared a draft EA to comply of the Endangered Species Act (ESA) (16 with the NEPA. The Service will U.S.C. 1531 et seq.) and the National evaluate whether the proposed action, Environmental Policy Act (NEPA) (42 issuance of an incidental take permit to U.S.C. 4321, et seq.) the U.S. Fish and NG, and other alternatives in this draft Wildlife Service (Service or ‘‘we’’) EA are adequate to support a Finding of announce the availability of an application for an incidental take permit No Significant Impact. This notice is provided pursuant to and the associated habitat conservation section 10(c) of the ESA and NEPA plan (HCP) from National Grid (NG), regulations (40 CFR 1506.6). Syracuse, New York, and draft We are requesting comments on the environmental assessment (EA) for proposed HCP and our consideration as public review and comment. We received the permit application from NG to whether the draft EA supports a Finding of No Significant Impact under for incidental take of federally listed Karner blue butterfly (Lycaeides melissa NEPA. samuelis) and unlisted frosted elfin Availability of Documents (Callophyrs irus) (should this species The proposed HCP and draft EA are become listed in the future) over the available on the New York Field Office’s next 50 years during operations, (NYFO) Web site at: https:// maintenance, and construction activities www.fws.gov/northeast/nyfo/es/ associated with electric and natural gas kbb.htm. Copies of the proposed HCP facilities within portions of Albany, and draft EA will be available for public Oneida, Schenectady, Saratoga, and review during regular business hours at Warren Counties, New York. We the NYFO (see ADDRESSES). Those who prepared a draft EA that describes the do not have access to the Web site or proposed action and possible cannot visit our office can request alternatives and analyzes the effects of copies by telephone at 607–753–9334 or alternatives on the human environment. by letter to the NYFO (see ADDRESSES). We provide this notice to: (1) Seek public comments on the proposed HCP; Background (2) seek public comments on the scope Section 9 of the ESA (16 U.S.C. 1531 of issues and alternatives considered in et seq.) and its implementing the draft EA and our consideration as to regulations prohibit the ‘‘take’’ of whether the draft EA supports a Finding animal species listed as endangered or of No Significant Impact under NEPA; threatened. Take is defined under the and (3) advise other Federal and State ESA as to ‘‘harass, harm, pursue, hunt, agencies, affected Tribes, and the public shoot, wound, kill, trap, capture, or of our intent to prepare a final EA. collect listed animal species, or to The proposed HCP and EA are being attempt to engage in such conduct’’ (16 made available during a 60-day U.S.C. 1538). However, under section comment period. To ensure 10(a) of the ESA, we may issue permits consideration, we must receive your to authorize incidental take of listed written comments by December 19, species. ‘‘Incidental take’’ is defined by 2011. the ESA as take that is incidental to, and not the purpose of, carrying out an ADDRESSES: Send comments by U.S. otherwise lawful activity. Regulations mail to Robyn Niver, U.S. Fish and Wildlife Service, New York Field Office, governing incidental take permits for threatened and endangered species, 3817 Luker Road, Cortland, New York DEPARTMENT OF THE INTERIOR PO 00000 Frm 00075 Fmt 4703 Sfmt 4703 E:\FR\FM\19OCN1.SGM 19OCN1

Agencies

[Federal Register Volume 76, Number 202 (Wednesday, October 19, 2011)]
[Notices]
[Pages 64964-64966]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-27088]


-----------------------------------------------------------------------

DEPARTMENT OF HOMELAND SECURITY

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 October 1, 2011, the interest rates 
for overpayments will be 2 percent for corporations and 3 percent for 
non-corporations, and the interest rate for underpayments will be 3 
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: October 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 2011-18, the IRS determined the rates of interest 
for the calendar quarter beginning October 1, 2011, and ending on 
December 31, 2011. The interest rate paid to the Treasury for

[[Page 64965]]

underpayments will be the Federal short-term rate (1%) plus two 
percentage points (2%) for a total of three percent (3%) for both 
corporations and non-corporations. For corporate overpayments, the rate 
is the Federal short-term rate (1%) plus one percentage point (1%) for 
a total of two percent (2%). For overpayments made by non-corporations, 
the rate is the Federal short-term rate (1%) plus two percentage points 
(2%) for a total of three percent (3%). These interest rates are 
subject to change for the calendar quarter beginning January 1, 2012, 
and ending March 31, 2012.
    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  over-
           Beginning date                Ending date       Under-payments     Over-payments    payments (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  .................
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..............................             093011                  4                  4                  3
100111..............................             123111                  3                  3                  2
----------------------------------------------------------------------------------------------------------------



[[Page 64966]]

    Dated: October 12, 2011.
Alan D. Bersin,
Commissioner, U.S. Customs and Border Protection.
[FR Doc. 2011-27088 Filed 10-18-11; 8:45 am]
BILLING CODE 9111-14-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.