Proposed Collection; Comment Request for Form 1099-K, 50210-50211 [2012-20292]
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50210
Federal Register / Vol. 77, No. 161 / Monday, August 20, 2012 / Notices
Issued on: August 10, 2012.
David C. Miller,
Division Administrator, Juneau, Alaska.
entities determined to meet certain
criteria set forth in Executive Order
13573.
The Department of the Treasury’s
Office of Foreign Assets Control has
determined that this individual should
be removed from the SDN List.
The following designation is removed
from the SDN List:
[FR Doc. 2012–20401 Filed 8–17–12; 8:45 am]
BILLING CODE 4910–RY–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
Unblocking of One (1) Individual
Designated Pursuant to Executive
Order 13573
Office of Foreign Assets
Control, Treasury.
ACTION: Notice.
AGENCY:
The Treasury Department’s
Office of Foreign Assets Control
(‘‘OFAC’’) is removing the name of one
(1) individual whose property and
interests in property are blocked
pursuant to Executive Order 13573 of
May 18, 2011, ‘‘Blocking Property of
Senior Officials of the Government of
Syria’’ from the list of Specially
Designated Nationals and Blocked
Persons (‘‘SDN List’’).
DATES: The removal of this individual
from the SDN List is effective as of
August 14, 2012.
FOR FURTHER INFORMATION CONTACT:
Assistant Director, Compliance
Outreach & Implementation, Office of
Foreign Assets Control, Department of
the Treasury, 1500 Pennsylvania
Avenue NW (Treasury Annex),
Washington, DC 20220, Tel.: 202/622–
2490.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional
information concerning OFAC are
available from OFAC’s Web site
(www.treas.gov/ofac) or via facsimile
through a 24-hour fax-on-demand
service, Tel.: 202/622–0077.
mstockstill on DSK4VPTVN1PROD with NOTICES
Background
On May 18, 2011, the President issued
Executive Order 13573, ‘‘Blocking
Property of Senior Officials of the
Government of Syria,’’ (the ‘‘Order’’)
pursuant to, inter alia, the International
Emergency Economic Powers Act (50
U.S.C. 1701–06). In the Order, the
President took additional steps with
respect to the national emergency
declared in Executive Order 13338 of
May 11, 2004, which was expanded in
scope in Executive Order 13572 of April
29, 2011. The Order authorizes the
Secretary of the Treasury, in
consultation with the Secretary of State,
to designate additional persons or
VerDate Mar<15>2010
16:25 Aug 17, 2012
Jkt 226001
Individual
1. HIJAB, Riyad (a.k.a. HIJAB, Riyad
Farid), Syria; DOB 1966; POB Deir
Ezzor, Syria; Prime Minister
(individual) [SYRIA].
The removal of this individual from
the SDN List is effective as of August 14,
2012. All property and interests in
property of the individual that are in or
hereafter come within the United States
or the possession or control of United
States persons are now unblocked.
Dated: August 14, 2012.
Barbara C. Hammerle,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2012–20386 Filed 8–17–12; 8:45 am]
BILLING CODE 4811–AL–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 1099–K
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 Form
1099–K, Merchant Card and Third Party
Payments.
DATES: Written comments should be
received on or before October 19, 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 form and instructions
should be directed to Allan Hopkins,
(202) 622–6665, at Internal Revenue
Service, room 6129, 1111 Constitution
SUMMARY:
PO 00000
Frm 00133
Fmt 4703
Sfmt 4703
Avenue NW., Washington, DC 20224, or
through the internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Merchant Card and Third Party
Payments.
OMB Number: 1545–2205.
Form Number: Form 1099–K.
Abstract: This is a new form is in
response to section 102 of Public Law
111–147, the Hiring Incentives to
Restore Employment (HIRE) Act. The
form reflects a new non-Code general
business credit for the retention of
certain qualified individuals hired in
2010. The credit is first available for an
employer’s income tax return with a tax
year ending after 3/18/10 where new
hired employees hired after 2/3/10 and
before 1/1/11 worked not less 52
consecutive weeks where wages paid in
last 26 weeks of employment were at
least 80% of wages paid in first 26
weeks. These requirements are to be met
before employer is legibile for the lesser
$1,000 or 6.2% of wages paid by the
employer to the employee during the 52
consecutive week period of each
qualified retained worker.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, Business or other for-profit
groups, Not-for-profit institutions,
Farms, Federal Government, State,
Local, or Tribal Governments.
Estimated Number of Respondents:
2,000.
Estimated Time per Respondent: 18
minutes.
Estimated Total Annual Burden
Hours: 620.
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
E:\FR\FM\20AUN1.SGM
20AUN1
Federal Register / Vol. 77, No. 161 / Monday, August 20, 2012 / Notices
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: August 10, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012–20292 Filed 8–17–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 2006–05
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 Notice
2006–05, Waiver for Reasonable Cause
for Failure to Report Loan Origination
Fees and Capitalized Interest.
DATES: Written comments should be
received on or before October 19, 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.
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
Title:
Waiver for Reasonable Cause for Failure
SUPPLEMENTARY INFORMATION:
VerDate Mar<15>2010
16:25 Aug 17, 2012
Jkt 226001
to Report Loan Origination Fees and
Capitalized Interest.
Notice Number: 1545–1996.
Abstract: This Notice provides
information to payees who receive
payment of interest on qualified
education loans who are unable to
comply with the information reporting
requirements under section 6050S of the
Internal Revenue Code.
Current Actions: There are no changes
being made to the notice at this time.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other-forprofit organizations, Federal
Government.
Estimated Total Annual
Recordkeeping and Reporting Burden:
500.
Estimated Annual Recordkeeping and
Reporting Burden per Respondent: 10
hours.
Estimated Number of Respondents:
5,000.
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.
PO 00000
Frm 00134
Fmt 4703
Sfmt 4703
50211
Approved: August 10, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012–20293 Filed 8–17–12; 8:45 am]
BILLING CODE 4830–01–P
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 taxation
of fringe benefits and exclusions from
gross income for certain fringe Benefits,
listed property, and substantiation of
business expenses.
DATES: Written comments should be
received on or before October 19, 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 regulation should be directed
to Allan Hopkins, (202) 622–6665,
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: EE–63–88 (Final and temporary
regulations) Taxation of Fringe Benefits
and Exclusions From Gross Income for
Certain Fringe Benefits; IA–140–86
(Temporary) Fringe Benefits; Listed
Property; and REG–209785–95 (Final)
Substantiation of Business Expenses.
OMB Number: 1545–0771.
Regulation Project Number: EE–63–
88; IA–140–86; and REG–209785–95.
Abstract: EE–63–88—This regulation
provides guidance on the tax treatment
of taxable and nontaxable fringe benefits
and general and specific rules for the
valuation of taxable fringe benefits in
accordance with Code sections 61 and
132. The regulation also provides
guidance on exclusions from gross
SUMMARY:
E:\FR\FM\20AUN1.SGM
20AUN1
]]>Agencies
[Federal Register Volume 77, Number 161 (Monday, August 20, 2012)]
[Notices]
[Pages 50210-50211]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-20292]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 1099-K
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
Form 1099-K, Merchant Card and Third Party Payments.
DATES: Written comments should be received on or before October 19,
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 form and instructions should be directed to Allan
Hopkins, (202) 622-6665, 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: Merchant Card and Third Party Payments.
OMB Number: 1545-2205.
Form Number: Form 1099-K.
Abstract: This is a new form is in response to section 102 of
Public Law 111-147, the Hiring Incentives to Restore Employment (HIRE)
Act. The form reflects a new non-Code general business credit for the
retention of certain qualified individuals hired in 2010. The credit is
first available for an employer's income tax return with a tax year
ending after 3/18/10 where new hired employees hired after 2/3/10 and
before 1/1/11 worked not less 52 consecutive weeks where wages paid in
last 26 weeks of employment were at least 80% of wages paid in first 26
weeks. These requirements are to be met before employer is legibile for
the lesser $1,000 or 6.2% of wages paid by the employer to the employee
during the 52 consecutive week period of each qualified retained
worker.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, Business or other for-
profit groups, Not-for-profit institutions, Farms, Federal Government,
State, Local, or Tribal Governments.
Estimated Number of Respondents: 2,000.
Estimated Time per Respondent: 18 minutes.
Estimated Total Annual Burden Hours: 620.
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
[[Page 50211]]
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: August 10, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012-20292 Filed 8-17-12; 8:45 am]
BILLING CODE 4830-01-P
