Proposed Collection; Comment Request for Regulation Project, 3840 [2012-1407]
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Federal Register / Vol. 77, No. 16 / Wednesday, January 25, 2012 / Notices
authority granted and fully abandoned
the line. If consummation has not been
effected by Conrail’s filing of a notice of
consummation by January 25, 2013, and
there are no legal or regulatory barriers
to consummation, the authority to
abandon will automatically expire.
Board decisions and notices are
available on our Web site at
www.stb.dot.gov.
Decided: January 20, 2012.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
SUPPLEMENTARY INFORMATION:
Additional information is contained in
the Board’s decision. Board decisions
and notices are available on our Web
site at www.stb.dot.gov.
Decided: January 18, 2012.
By the Board, Chairman Elliott, Vice
Chairman Mulvey, and Commissioner
Begeman.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2012–1542 Filed 1–24–12; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
[FR Doc. 2012–1515 Filed 1–24–12; 8:45 am]
BILLING CODE 4915–01–P
Internal Revenue Service
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
Iowa Interstate Railroad, Ltd.—Lease
Exemption—Line of Cedar Rapids and
Iowa City Railway Company
Surface Transportation Board.
Notice of Exemption.
AGENCY:
The Board grants an
exemption under 49 U.S.C. 10502 from
the prior approval requirements of 49
U.S.C. 10902 for Iowa Interstate
Railroad, Ltd. (IAIS), a Class II rail
carrier, to lease and operate 8.4 miles of
railroad owned by Cedar Rapids & Iowa
City Railway Co. (CRANDIC). The rail
line, known as the Hills Line, extends
from a connection with CRANDIC’s
Cedar Rapids-Iowa City line at milepost
25.0 near Burlington Street in Iowa City,
Iowa to the end of track at milepost 33.4
in Hills, Iowa. The exemption is subject
to employee protective conditions.
DATES: The exemption will be effective
on February 24, 2012. Petitions to stay
must be filed by February 9, 2012.
Petitions for reconsideration must be
filed by February 21, 2012.
ADDRESSES: An original and 10 copies of
all pleadings, referring to Docket No. FD
35562, must be filed with the Surface
Transportation Board, 395 E Street SW.,
Washington, DC 20423–0001. In
addition, one copy of each pleading
must be served on IAIS’s representative:
Thomas J. Litwiler, Fletcher & Sippel
LLC, 29 North Wacker Drive, Suite 920,
Chicago, IL 60606–2832.
FOR FURTHER INFORMATION CONTACT:
Joseph H. Dettmar, (202) 245–0395.
Assistance for the hearing impaired is
available through the Federal
Information Relay Service (FIRS) at 1–
(800) 877–8339.
srobinson on DSK4SPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
18:09 Jan 24, 2012
Jkt 226001
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
[Docket No. FD 35562]
ACTION:
Proposed Collection; Comment
Request for Regulation Project
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 debt
instruments with original discount;
imputed interest on deferred payment
sales or exchanges of property.
DATES: Written comments should be
received on or before March 26, 2012 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 regulations should be
directed to Allan Hopkins at Internal
Revenue Service, room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or at (202) 622–6665, or
through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Debt Instruments With Original
Discount; Imputed Interest on Deferred
Payment Sales or Exchanges of Property.
OMB Number: 1545–1353.
Regulation Project Number: FI–189–
84.
Abstract: These regulations provide
definitions, reporting requirements,
elections, and general rules relating to
SUMMARY:
PO 00000
Frm 00112
Fmt 4703
Sfmt 9990
the tax treatment of debt instruments
with original issue discount and the
imputation of, and accounting for,
interest on certain sales or exchanges of
property.
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.
Estimated Number of Respondents:
525,000.
Estimated Time per Respondent:
2 hours 45 minutes.
Estimated Total Annual Burden
Hours: 185,500.
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: January 17, 2012.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012–1407 Filed 1–24–12; 8:45 am]
BILLING CODE 4830–01–P
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25JAN1
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[Federal Register Volume 77, Number 16 (Wednesday, January 25, 2012)]
[Notices]
[Page 3840]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-1407]
=======================================================================
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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
debt instruments with original discount; imputed interest on deferred
payment sales or exchanges of property.
DATES: Written comments should be received on or before March 26, 2012
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 regulations should be directed to Allan Hopkins at
Internal Revenue Service, room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or at (202) 622-6665, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Debt Instruments With Original Discount; Imputed Interest on
Deferred Payment Sales or Exchanges of Property.
OMB Number: 1545-1353.
Regulation Project Number: FI-189-84.
Abstract: These regulations provide definitions, reporting
requirements, elections, and general rules relating to the tax
treatment of debt instruments with original issue discount and the
imputation of, and accounting for, interest on certain sales or
exchanges of property.
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: 525,000.
Estimated Time per Respondent: 2 hours 45 minutes.
Estimated Total Annual Burden Hours: 185,500.
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: January 17, 2012.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012-1407 Filed 1-24-12; 8:45 am]
BILLING CODE 4830-01-P
