Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 38076-38077 [2012-15531]
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38076
Federal Register / Vol. 77, No. 123 / Tuesday, June 26, 2012 / Notices
Dated: June 20, 2012.
Jennifer S. Spaeth,
Director, Office of Federal Advisory
Committee Policy.
The accreditation and approval
of SGS North America, Inc., as
commercial gauger and laboratory
became effective on September 29, 2011.
The next triennial inspection date will
be scheduled for September 2014.
FOR FURTHER INFORMATION CONTACT:
Stephen Cassata, Laboratories and
Scientific Services, U.S. Customs and
Border Protection, 1300 Pennsylvania
Avenue NW., Suite 1500N, Washington,
DC 20229, 202–344–1060.
DATES:
[FR Doc. 2012–15588 Filed 6–25–12; 8:45 am]
BILLING CODE 4140–01–P
DEPARTMENT OF HOMELAND
SECURITY
U.S. Customs and Border Protection
Accreditation and Approval of SGS
North America, Inc., as a Commercial
Gauger and Laboratory
Dated: June 18, 2012.
Ira S. Reese,
Executive Director.
[FR Doc. 2012–15514 Filed 6–25–12; 8:45 am]
U.S. Customs and Border
Protection, Department of Homeland
Security.
ACTION: Notice of accreditation and
approval of SGS North America, Inc., as
a commercial gauger and laboratory.
BILLING CODE 9111–14–P
Notice is hereby given that,
pursuant to 19 CFR 151.12 and 19 CFR
151.13, SGS North America, Inc., 3735
W. Airline Hwy., Reserve, LA 70084,
has been approved to gauge and
accredited to test petroleum and
petroleum products, organic chemicals
and vegetable oils for customs purposes,
in accordance with the provisions of 19
CFR 151.12 and 19 CFR 151.13. Anyone
wishing to employ this entity to conduct
laboratory analyses and gauger services
should request and receive written
assurances from the entity that it is
accredited or approved by the U.S.
Customs and Border Protection to
conduct the specific test or gauger
service requested. Alternatively,
inquires regarding the specific test or
gauger service this entity is accredited
or approved to perform may be directed
to the U.S. Customs and Border
Protection by calling (202) 344–1060.
The inquiry may also be sent to
cbp.labhq@dhs.gov. Please reference the
Web site listed below for a complete
listing of CBP approved gaugers and
accredited laboratories. https://cbp.gov/
linkhandler/cgov/trade/automated/
labs_scientific_svcs/
commercial_gaugers/gaulist.ctt/
gaulist.pdf.
Quarterly IRS Interest Rates Used in
Calculating Interest on Overdue
Accounts and Refunds on Customs
Duties
AGENCY:
SUMMARY:
DEPARTMENT OF HOMELAND
SECURITY
U.S. Customs and Border Protection
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,
2012, 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 noncorporations. This notice is published
for the convenience of the importing
public and Customs and Border
Protection personnel.
DATES: Effective Date: July 1, 2012.
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:
rmajette on DSK2TPTVN1PROD with NOTICES
Beginning date
070174
070175
020176
020178
020180
020182
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070183
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15:33 Jun 25, 2012
Jkt 226001
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PO 00000
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 2012–16, the IRS
determined the rates of interest for the
calendar quarter beginning July 1, 2012,
and ending on September 30, 2012. The
interest rate paid to the Treasury for
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 October 1, 2012, and
ending December 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.
Under-payments
(percent)
Ending date
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Over-payments
(percent)
6
9
7
6
12
20
16
11
Corporate
overpayments
(Eff. 1–1–99)
(percent)
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38077
Federal Register / Vol. 77, No. 123 / Tuesday, June 26, 2012 / Notices
Beginning date
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100189
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Dated: June 21, 2012.
David V. Aguilar,
Acting Commissioner, U.S. Customs and
Border Protection.
DEPARTMENT OF THE INTERIOR
National Park Service
rmajette on DSK2TPTVN1PROD with NOTICES
[NPS–NCR–GWMP–1202–9483: 3310–0250–
471]
Notice of Intent To Prepare an
Environmental Impact Statement on a
Proposed Boat-House Facility for NonMotorized Boats, George Washington
Memorial Parkway
National Park Service, Interior.
15:33 Jun 25, 2012
Jkt 226001
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Notice of intent.
Pursuant to § 102(2)(c) of the
National Environmental Policy Act of
1969, 42 U.S.C. 4332(2)(C), the National
Park Service (NPS) is preparing an
Environmental Impact Statement (EIS)
to assess the impacts of constructing a
boathouse facility and floating docks for
non-motorized boats at possible
locations along the Virginia shoreline of
the Potomac River in the vicinity of
Arlington County. This announcement
updates the Notice of Intent (NOI) on
the same project published in the
Federal Register on May 21, 2004.
DATES: The NPS will conduct scoping
during the coming months which will
include a public scoping meeting. The
NPS will announce details about the
scoping period and the public meeting
SUMMARY:
BILLING CODE 9111–14–P
VerDate Mar<15>2010
063085
123185
063086
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093087
123187
033188
093088
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063008
093008
123108
033109
123110
033111
093011
093012
ACTION:
[FR Doc. 2012–15531 Filed 6–25–12; 8:45 am]
AGENCY:
Under-payments
(percent)
Ending date
PO 00000
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Over-payments
(percent)
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Corporate
overpayments
(Eff. 1–1–99)
(percent)
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2
on the NPS’s Planning, Environment
and Public Comment (PEPC) Web site:
https://www.parkplanning.nps.gov/
gwmp, as well as through
announcements in the local media. NPS
is seeking public comment about the
proposal and comments will be
accepted through August 27, 2012.
The NPS will conduct a
public scoping meeting at a public site
in Arlington County. When the public
scoping meeting has been scheduled, its
location, date, and time will be
announced through local media and
published on the PEPC Web site:
https://www.parkplanning.nps.gov/
gwmp at least 15 days in advance of the
meeting.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Superintendent, George Washington
E:\FR\FM\26JNN1.SGM
26JNN1
]]>Agencies
[Federal Register Volume 77, Number 123 (Tuesday, June 26, 2012)]
[Notices]
[Pages 38076-38077]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-15531]
-----------------------------------------------------------------------
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, 2012, 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: July 1, 2012.
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 2012-16, the IRS determined the rates of interest
for the calendar quarter beginning July 1, 2012, and ending on
September 30, 2012. The interest rate paid to the Treasury for
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 October 1, 2012,
and ending December 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
Under- Over- overpayments
Beginning date Ending date payments payments (Eff. 1-1-99)
(percent) (percent) (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 ..............
[[Page 38077]]
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................................... 093012..................... 3 3 2
----------------------------------------------------------------------------------------------------------------
Dated: June 21, 2012.
David V. Aguilar,
Acting Commissioner, U.S. Customs and Border Protection.
[FR Doc. 2012-15531 Filed 6-25-12; 8:45 am]
BILLING CODE 9111-14-P
