Proposed Collection; Comment Request for Notice 2006-25, 57190 [2012-22865]
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57190
Federal Register / Vol. 77, No. 180 / Monday, September 17, 2012 / Notices
Title: REG–131478–02 (TD 9048;
9254) Guidance under Section 1502;
Suspension of Losses on Certain Stock
Disposition.
Abstract: The information in
§ 1.1502–35(c) is necessary to ensure
that a consolidated group does not
obtain more than one tax benefit from
both the utilization of a loss from the
disposition of stock and the utilization
of a loss or deduction with respect to
another asset that reflects the same
economic loss; to allow the taxpayer to
make an election under § 1.1502–
35(c)(5) that would benefit the taxpayer,
the election in § 1.1502–35(f) provides
taxpayers the choice in the case of a
worthless subsidiary to utilize a
worthless stock deduction or absorb the
subsidiary’s losses; and § 1.1502–
35(g)(3) applies to ensure that taxpayers
do not circumvent the loss suspension
rule of § 1.1502–35(c) by
deconsolidating a subsidiary and then
re-importing to the group losses of such
subsidiary.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours:
15,000.
OMB Number: 1545–1990.
Type of Review: Extension without
change of a currently approved
collection.
Title: Application of Section 338 to
Insurance Companies.
Abstract: These regulations will allow
companies to retroactively apply the
regulations to transactions completed
prior to the effective data and to stop an
election to use a historic loss payment
pattern.
Affected Public: Private Sector:
Business or other for-profits.
Estimated Total Burden Hours: 12.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2012–22832 Filed 9–14–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 2006–25
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
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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
SUMMARY:
VerDate Mar<15>2010
19:43 Sep 14, 2012
Jkt 226001
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
2006–25, Qualifying Gasification Project
Program.
DATES: Written comments should be
received on or before November 16,
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.
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 11, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012–22865 Filed 9–14–12; 8:45 am]
BILLING CODE 4830–01–P
SUPPLEMENTARY INFORMATION:
Title: Qualifying Gasification Project
Program.
Notice Number: 1545–2002.
Abstract: This Notice establishes the
qualifying gasification project program
under § 48B of the Internal Revenue
Code. The notice provides the time and
manner for a taxpayer to apply for an
allocation of qualifying gasification
project credits.
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.
Estimated Number of Respondents:
20.
Estimated Time per Respondent: 51
minutes.
Estimated Total Annual Reporting
Burden Hours: 1,700.
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
PO 00000
Frm 00121
Fmt 4703
Sfmt 4703
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Schedule H (Form 1040)
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
Schedule H (Form 1040), Household
Employment Taxes.
DATES: Written comments should be
received on or before November 16,
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.
SUMMARY:
E:\FR\FM\17SEN1.SGM
17SEN1
]]>Agencies
[Federal Register Volume 77, Number 180 (Monday, September 17, 2012)]
[Notices]
[Page 57190]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-22865]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Notice 2006-25
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
Notice 2006-25, Qualifying Gasification Project Program.
DATES: Written comments should be received on or before November 16,
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: Qualifying Gasification Project Program.
Notice Number: 1545-2002.
Abstract: This Notice establishes the qualifying gasification
project program under Sec. 48B of the Internal Revenue Code. The
notice provides the time and manner for a taxpayer to apply for an
allocation of qualifying gasification project credits.
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-for-profit organizations.
Estimated Number of Respondents: 20.
Estimated Time per Respondent: 51 minutes.
Estimated Total Annual Reporting Burden Hours: 1,700.
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 11, 2012.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2012-22865 Filed 9-14-12; 8:45 am]
BILLING CODE 4830-01-P
