Proposed Information Collection; Comment Request, 61659-61661 [2012-24744]
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Federal Register / Vol. 77, No. 196 / Wednesday, October 10, 2012 / Notices
Stability of Burma’’ (‘‘E.O. 13619’’), 77
Fed. Reg. 41243 (July 13, 2012),
pursuant to, inter alia, the International
Emergency Economic Powers Act (50
U.S.C. 1701 et seq.), which modifies the
scope of the national emergency
declared in Executive Order 13047 of
May 20, 1997, as modified in scope in
Executive Order 13448 of October 18,
2007, and relied upon for additional
steps taken in Executive Order 13310 of
July 28, 2003, Executive Order 13448 of
October 18, 2007, and Executive Order
13464 of April 30, 2008.
Section 1(a) of E.O. 13619 blocks,
with certain exceptions, all property
and interests in property that are in, that
hereafter come within, the United
States, or that are or hereafter come
within the possession or control of any
United States person, including any
foreign branch, of persons determined
by the Secretary of the Treasury, in
consultation with or at the
recommendation of the Secretary of
State, to satisfy any of the criteria set
forth in subparagraphs (a)(i)–(a)(vi) of
Section 1. On July 11, 2012, the Director
of OFAC, in consultation with or at the
recommendation of the Department of
State designated, pursuant to one or
more of the criteria set forth in Section
1, subparagraphs (a)(i)–(a)(vi) of E.O.
13619, the following entity, whose name
has been added to the list of Specially
Designated Nationals and Blocked
Persons and whose property and
interests in property are blocked
pursuant to E.O. 13619:
1. DIRECTORATE OF DEFENCE
INDUSTRIES (a.k.a. KA PA SA;
a.k.a. ‘‘DDI’’), Burma; Ministry of
Defense, Shwedagon Pagoda Road,
Yangon, Burma [BURMA]
On April 30, 2008, President George
W. Bush signed Executive Order 13464
‘‘Blocking Property and Prohibiting
Certain Transactions Related to Burma’’
(‘‘E.O. 13464’’), pursuant to, inter alia,
the International Emergency Economic
Powers Act (50 U.S.C. 1701 et. seq.). In
E.O. 13464, President George W. Bush
took additional steps with respect to the
national emergency declared in
Executive Order 13047 of May 20, 1997,
and expanded in Executive Order 13448
of October 18, 2007.
Section 1 of E.O. 13464 blocks, with
certain exceptions, all property and
interests in property that are in, that
hereafter come within, the United
States, or that are or hereafter come
within the possession or control of any
United States person, including their
overseas branches, of the persons listed
in the annex to E.O. 13464, as well as
those persons determined by the
Secretary of the Treasury, after
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consultation with the Secretary of State,
to satisfy any of the criteria set forth in
subparagraphs (b)(i)–(b)(iii) of Section 1.
On July 11, 2012, the Director of OFAC,
after consultation with the Department
of State, designated, pursuant to one or
more of the criteria set forth in Section
1, subparagraphs (b)(i)–(b)(iii) of E.O.
13464, the following entity, whose name
has been added to the list of Specially
Designated Nationals and Blocked
Persons and whose property and
interests in property are blocked
pursuant to E.O. 13464:
1. INNWA BANK LTD (a.k.a. INNWA
BANK), 554–556 Corner of
Merchant Street and 35th Street,
Kyauktada Township, Yangon,
Burma; SWIFT/BIC AVAB MM M1
[BURMA].
Dated: September 24, 2012.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2012–24181 Filed 10–9–12; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection;
Comment Request
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)).
DATES: Written comments should be
received on or before December 10, 2012
to be assured of consideration.
ADDRESSES: Direct all written comments
to Yvette B. Lawrence, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
Please send separate comments for
each specific information collection
listed below. You must reference the
information collection’s title, form
number, reporting or record-keeping
requirement number, and OMB number
(if any) in your comment.
FOR FURTHER INFORMATION CONTACT: To
obtain additional information, or copies
of the information collection and
instructions, or copies of any comments
SUMMARY:
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61659
received, contact Elaine Christophe, at
(202) 622–3179, or at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the Internet, at
Elaine.H.Christophe@irs.gov.
SUPPLEMENTARY INFORMATION:
Request for Comments
The Department of the Treasury and
the Internal Revenue Service, as part of
their continuing effort to reduce
paperwork and respondent burden,
invite the general public and other
Federal agencies to take this
opportunity to comment on the
proposed or continuing information
collections listed below in this notice,
as required by the Paperwork Reduction
Act of 1995, (44 U.S.C. 3501 et seq.).
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in our
request for Office of Management and
Budget (OMB) approval of the relevant
information collection. All comments
will become a matter of public record.
Please do not include any confidential
or inappropriate material in your
comments.
We invite comments on: (a) Whether
the collection of information is
necessary for the proper performance of
the agency’s functions, including
whether the information has 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
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 the requested information.
Information Collections Open for
Comment
Currently, the IRS is seeking
comments concerning the following
forms, and reporting and record-keeping
requirements:
Title: Low-Income Housing Credit.
OMB Number: 1545–0984.
Form Number: 8586.
Abstract: Internal Revenue Code
section 42 permits owners of residential
rental projects providing low-income
housing to claim a tax credit for part of
the cost of constructing or rehabilitating
such low-income housing. Form 8586 is
used by taxpayers to compute the credit
and by the IRS to verify that the correct
credit has been claimed.
Current Actions: There is no change
being made to the form at this time.
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61660
Federal Register / Vol. 77, No. 196 / Wednesday, October 10, 2012 / Notices
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and businesses, or other
for-profit organizations.
Estimated Number of Respondents:
7,786.
Estimated Time per Respondent: 11
hours, 34 minutes.
Estimated Total Annual Burden
Hours: 68,517.
Title: Stock Transfer Rules: Carryover
of Earnings and Taxes.
OMB Number: 1545–1711.
Regulation Project Number: REG–
116050–99.
Abstract: The final regulations relate
to the carryover of certain tax attributes,
such as earnings and profits and foreign
income tax accounts, when two
corporations combine in a section
367(b) transaction.
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:
600.
Estimated Time per Respondent: 8
hours.
Estimated Total Annual Burden
Hours: 1,800.
Title: Health Coverage Tax Credit
(HCTC) Reimbursement Request Form.
OMB Number: 1545–2152.
Abstract: This form will be used by
HCTC participants to request
reimbursement for health plan
premiums paid prior to the
commencement of advance payments.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
3,058.
Estimated Time per Respondent: 40
minutes.
Estimated Total Annual Burden
Hours: 2,039.
Title: Work Opportunity Credit.
OMB Number: 1545–0219.
Form Number: 5884.
Abstract: Internal Revenue Code
section 38(b)(2) allows a credit against
income tax to employers hiring
individuals from certain targeted groups
such as welfare recipients, etc. The
employer uses Form 5884 to compute
this credit. The IRS uses the information
on the form to verify that the correct
amount of credit was claimed.
Current Actions: There are no changes
to this at this time.
VerDate Mar<15>2010
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Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations and farms.
Estimated Number of Responses:
59,819.
Estimated Total Annual Burden
Hours: 415,144.
Title: Application for Renewal of
Enrollment To Practice Before the
Internal Revenue Service.
OMB Number: 1545–0946.
Form Number: 8554.
Abstract: The information obtained
from Form 8554 relates to the approval
of continuing professional education
programs and the renewal of the
enrollment status for those individuals
admitted (enrolled) to practice before
the Internal Revenue Service. The
information will be used by the Director
of Practice to determine the
qualifications of individuals who apply
for renewal of enrollment.
Title: Application for Renewal of
Enrollment to Practice Before the
Internal Revenue Service as an Enrolled
Retirement Plan Agent (ERPA).
OMB Number: 1545–0946.
Form Number: 8554–EP.
Abstract: This form is used to renew
your Enrolled Retirement Plan Agent
(ERPA) status. You must renew your
enrollment status every 3 years. For
additional information on renewals, see
Circular 230 or visit the Office of
Professional Responsibility Web site at
www.irs.gov.
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.
Estimated Number of Respondents:
96,000.
Estimated Total Annual Burden
Hours: 48,000.
Title: Notification of Distribution
From a Generation-Skipping Trust.
OMB Number: 1545–1143.
Form Number: 706–GS(D–1).
Abstract: Form 706–GS(D–1) is used
by trustees to provide information to the
IRS and to distributees regarding
generation-skipping distributions from
trusts. The information is needed by
distributees to compute the generationskipping tax imposed by Internal
Revenue Code section 2601. The IRS
uses the information to verify that the
tax has been properly computed.
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.
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Estimated Number of Respondents:
80,000.
Estimated Time per Respondent: 4
hours, 22 minutes.
Estimated Total Annual Burden
Hours: 348,800.
Title: Revenue Procedure 97–43,
Procedures for Electing Out of
Exemptions Under Section 1.475(c)–1,
and Revenue Ruling 97–39, Mark-toMarket Accounting Method for Dealers
in Securities.
OMB Number: 1545–1558.
Revenue Procedure Number: Revenue
Procedure 97–43.
Revenue Ruling Number: Revenue
Ruling 97–39.
Abstract: Revenue Procedure 97–43
provides taxpayers automatic consent to
change to mark-to-market accounting for
securities after the taxpayer elects under
regulation section 1.475(c)–1, subject to
certain terms and conditions. Revenue
Ruling 97–39 provides taxpayers
additional mark-to-market guidance
under section 475 of the Internal
Revenue Code.
Current Actions: There are no changes
being made to the revenue procedure or
revenue ruling at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
200.
Estimated Time per Respondent: 5
hours.
Estimated Total Annual Burden
Hours: 1,000.
Title: Section 1445 Withholding
Certificates.
OMB Number: 1545–1697.
Revenue Procedure Number: Revenue
Procedure 2003–35.
Abstract: Revenue Procedure 2003–35
provides guidance concerning
applications for withholding certificates
under Code section 1445.
Current Actions: There are no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, and business or other forprofit organizations.
Estimated Number of Respondents:
6,000.
Estimated Average Time per
Respondent: 10 hours.
Estimated Total Annual Burden
Hours: 60,000.
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
E:\FR\FM\10OCN1.SGM
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61661
Federal Register / Vol. 77, No. 196 / Wednesday, October 10, 2012 / Notices
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.
Approved: September 25, 2012.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
DEPARTMENT OF THE TREASURY
United States Mint
Price for the American Eagle Silver
Proof and Uncirculated Coins and the
America the Beautiful Five Ounce
Silver Uncirculated CoinsTM
American Eagle Silver Proof and
Uncirculated Coins and the America the
Beautiful Five Ounce Silver
Uncirculated CoinsTM as follows:
United States Mint, Department
of the Treasury.
ACTION: Notice.
AGENCY:
Because of the recent increase
in the market price of silver, the United
States Mint is raising the price of its
SUMMARY:
[FR Doc. 2012–24744 Filed 10–9–12; 8:45 am]
BILLING CODE 4830–01–P
Coin
2012
2012
2011
2011
2011
2011
2011
2011
2012
2012
2012
2012
New price
American Eagle Silver Proof ......................................................................................................................................................
American Eagle Silver Uncirculated ...........................................................................................................................................
American Eagle Silver Uncirculated ...........................................................................................................................................
Gettysburg National Military Park ...............................................................................................................................................
Glacier National Park .................................................................................................................................................................
Olympic National Park ................................................................................................................................................................
Vicksburg National Military Park ................................................................................................................................................
Chickasaw National Recreation Area .........................................................................................................................................
El Yunque National Forest .........................................................................................................................................................
Chaco Culture National Historical Park ......................................................................................................................................
Acadia National Park ..................................................................................................................................................................
Hawai‘i Volcanoes National Park ...............................................................................................................................................
B.B.
Craig, Associate Director for Sales and
FOR FURTHER INFORMATION CONTACT:
Marketing; United States Mint; 801 9th
$59.95
50.95
50.95
229.95
229.95
229.95
229.95
229.95
229.95
229.95
229.95
229.95
Street NW., Washington, DC 20220; or
call 202–354–7500.
Authority: 31 U.S.C. 5111, 5112 & 9701.
Dated: October 2, 2012.
Richard A. Peterson,
Acting Director, United States Mint.
[FR Doc. 2012–24778 Filed 10–9–12; 8:45 am]
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]]>Agencies
[Federal Register Volume 77, Number 196 (Wednesday, October 10, 2012)]
[Notices]
[Pages 61659-61661]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-24744]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection; Comment Request
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)).
DATES: Written comments should be received on or before December 10,
2012 to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
Please send separate comments for each specific information
collection listed below. You must reference the information
collection's title, form number, reporting or record-keeping
requirement number, and OMB number (if any) in your comment.
FOR FURTHER INFORMATION CONTACT: To obtain additional information, or
copies of the information collection and instructions, or copies of any
comments received, contact Elaine Christophe, at (202) 622-3179, or at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the Internet, at
Elaine.H.Christophe@irs.gov.
SUPPLEMENTARY INFORMATION:
Request for Comments
The Department of the Treasury and the Internal Revenue Service, as
part of their continuing effort to reduce paperwork and respondent
burden, invite the general public and other Federal agencies to take
this opportunity to comment on the proposed or continuing information
collections listed below in this notice, as required by the Paperwork
Reduction Act of 1995, (44 U.S.C. 3501 et seq.).
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in our request for Office of
Management and Budget (OMB) approval of the relevant information
collection. All comments will become a matter of public record. Please
do not include any confidential or inappropriate material in your
comments.
We invite comments on: (a) Whether the collection of information is
necessary for the proper performance of the agency's functions,
including whether the information has 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 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 the
requested information.
Information Collections Open for Comment
Currently, the IRS is seeking comments concerning the following
forms, and reporting and record-keeping requirements:
Title: Low-Income Housing Credit.
OMB Number: 1545-0984.
Form Number: 8586.
Abstract: Internal Revenue Code section 42 permits owners of
residential rental projects providing low-income housing to claim a tax
credit for part of the cost of constructing or rehabilitating such low-
income housing. Form 8586 is used by taxpayers to compute the credit
and by the IRS to verify that the correct credit has been claimed.
Current Actions: There is no change being made to the form at this
time.
[[Page 61660]]
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, and businesses, or
other for-profit organizations.
Estimated Number of Respondents: 7,786.
Estimated Time per Respondent: 11 hours, 34 minutes.
Estimated Total Annual Burden Hours: 68,517.
Title: Stock Transfer Rules: Carryover of Earnings and Taxes.
OMB Number: 1545-1711.
Regulation Project Number: REG-116050-99.
Abstract: The final regulations relate to the carryover of certain
tax attributes, such as earnings and profits and foreign income tax
accounts, when two corporations combine in a section 367(b)
transaction.
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: 600.
Estimated Time per Respondent: 8 hours.
Estimated Total Annual Burden Hours: 1,800.
Title: Health Coverage Tax Credit (HCTC) Reimbursement Request
Form.
OMB Number: 1545-2152.
Abstract: This form will be used by HCTC participants to request
reimbursement for health plan premiums paid prior to the commencement
of advance payments.
Current Actions: There is no change in the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 3,058.
Estimated Time per Respondent: 40 minutes.
Estimated Total Annual Burden Hours: 2,039.
Title: Work Opportunity Credit.
OMB Number: 1545-0219.
Form Number: 5884.
Abstract: Internal Revenue Code section 38(b)(2) allows a credit
against income tax to employers hiring individuals from certain
targeted groups such as welfare recipients, etc. The employer uses Form
5884 to compute this credit. The IRS uses the information on the form
to verify that the correct amount of credit was claimed.
Current Actions: There are no changes to this at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, business or other for-
profit organizations and farms.
Estimated Number of Responses: 59,819.
Estimated Total Annual Burden Hours: 415,144.
Title: Application for Renewal of Enrollment To Practice Before the
Internal Revenue Service.
OMB Number: 1545-0946.
Form Number: 8554.
Abstract: The information obtained from Form 8554 relates to the
approval of continuing professional education programs and the renewal
of the enrollment status for those individuals admitted (enrolled) to
practice before the Internal Revenue Service. The information will be
used by the Director of Practice to determine the qualifications of
individuals who apply for renewal of enrollment.
Title: Application for Renewal of Enrollment to Practice Before the
Internal Revenue Service as an Enrolled Retirement Plan Agent (ERPA).
OMB Number: 1545-0946.
Form Number: 8554-EP.
Abstract: This form is used to renew your Enrolled Retirement Plan
Agent (ERPA) status. You must renew your enrollment status every 3
years. For additional information on renewals, see Circular 230 or
visit the Office of Professional Responsibility Web site at
www.irs.gov.
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.
Estimated Number of Respondents: 96,000.
Estimated Total Annual Burden Hours: 48,000.
Title: Notification of Distribution From a Generation-Skipping
Trust.
OMB Number: 1545-1143.
Form Number: 706-GS(D-1).
Abstract: Form 706-GS(D-1) is used by trustees to provide
information to the IRS and to distributees regarding generation-
skipping distributions from trusts. The information is needed by
distributees to compute the generation-skipping tax imposed by Internal
Revenue Code section 2601. The IRS uses the information to verify that
the tax has been properly computed.
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.
Estimated Number of Respondents: 80,000.
Estimated Time per Respondent: 4 hours, 22 minutes.
Estimated Total Annual Burden Hours: 348,800.
Title: Revenue Procedure 97-43, Procedures for Electing Out of
Exemptions Under Section 1.475(c)-1, and Revenue Ruling 97-39, Mark-to-
Market Accounting Method for Dealers in Securities.
OMB Number: 1545-1558.
Revenue Procedure Number: Revenue Procedure 97-43.
Revenue Ruling Number: Revenue Ruling 97-39.
Abstract: Revenue Procedure 97-43 provides taxpayers automatic
consent to change to mark-to-market accounting for securities after the
taxpayer elects under regulation section 1.475(c)-1, subject to certain
terms and conditions. Revenue Ruling 97-39 provides taxpayers
additional mark-to-market guidance under section 475 of the Internal
Revenue Code.
Current Actions: There are no changes being made to the revenue
procedure or revenue ruling at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 200.
Estimated Time per Respondent: 5 hours.
Estimated Total Annual Burden Hours: 1,000.
Title: Section 1445 Withholding Certificates.
OMB Number: 1545-1697.
Revenue Procedure Number: Revenue Procedure 2003-35.
Abstract: Revenue Procedure 2003-35 provides guidance concerning
applications for withholding certificates under Code section 1445.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households, and business or other
for-profit organizations.
Estimated Number of Respondents: 6,000.
Estimated Average Time per Respondent: 10 hours.
Estimated Total Annual Burden Hours: 60,000.
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
[[Page 61661]]
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.
Approved: September 25, 2012.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012-24744 Filed 10-9-12; 8:45 am]
BILLING CODE 4830-01-P
