Proposed Collection; Comment Request for Information Collection Tools, 61829-61830 [2012-25043]
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pmangrum on DSK3VPTVN1PROD with NOTICES
Federal Register / Vol. 77, No. 197 / Thursday, October 11, 2012 / Notices
Abstract: Form 990–T is used to
report and compute the unrelated
business income tax imposed on exempt
organizations by Internal Revenue Code
section 511 and the proxy tax imposed
by Code section 6033(e). The form
provides the IRS with the information
necessary to determine that the tax has
been properly computed.
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: Not-for-profit
institutions.
Estimated Number of Respondents:
37,103.
Estimated Time per Respondent: 141
hrs., 20 min.
Estimated Total Annual Burden
Hours: 5,244,139.
(4) Title: Form 5434, Application for
Enrollment, and Form 5434–A,
Application for Renewal of Enrollment.
OMB Number: 1545–0951.
Form Number: 5434 and 5434–A.
Abstract: Form 5434 is used to apply
for enrollment to perform actuarial
services under the Employee Retirement
income
Security Act of 1974 (ERISA). Form
5434–A is used to renew enrollment
every three years to perform actuarial
services under (ERISA). The information
is used by the Joint Board for the
Enrollment of Actuaries to determine
the eligibility of the applicant to
perform actuarial services.
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:
6,000.
Estimated Time per Respondent: 38
min.
Estimated Total Annual Burden
Hours: 38,000.
(5) Title: Passive Activity Credit
Limitations.
OMB Number: 1545–1034.
Form Number: 8582–CR.
Abstract: Under Internal Revenue
Code section 469, credits from passive
activities, to the extent they do not
exceed the tax attributable to net passive
income, are not allowed, Form 8582–CR
is used to figure the passive activity
credit allowed and the amount of credit
to be reported on the tax return.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
VerDate Mar<15>2010
14:03 Oct 10, 2012
Jkt 229001
Affected Public: Individuals or
households, business or other for-profit
organizations, and farms.
Estimated Number of Respondents:
300,000.
Estimated Time per Respondent: 14
hrs., 53 min.
Estimated Total Annual Burden
Hours: 2,370,600.
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: October 4, 2012.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2012–25037 Filed 10–10–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Information Collection
Tools
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
PO 00000
Frm 00094
Fmt 4703
Sfmt 4703
61829
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 an
existing final regulation, INTL–64–93
(TD 8611): Conduit Arrangements
Regulations (§§ 1.881–4 and 1.6038A–
3); Form 8871, Political Organization
Notice of Section 527 Status; Form
8453–X, Political Organization
Declaration for Electronic Filing of
Notice of Section 527 Status; Revenue
Ruling 2000–33, Deferred Compensation
Plans of State and Local Governments
and Tax-Exempt Organizations; Notice
2006–52, Deduction for Energy Efficient
Commercial Buildings; and TD 9451,
Guidance Necessary to Facilitate
Business Election Filing.
DATES: Written comments should be
received on or before December 10, 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.
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:
Requests for additional information or
copies of the collection tools should be
directed to R. Joseph Durbala, Internal
Revenue Service, room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or at (202) 622–3634, or
through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION: Currently,
the IRS is seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
(1) Title: Conduit Arrangements
Regulations.
OMB Number: 1545–1440.
Form Number: INTL–64–93.
Abstract: This regulation provides
rules that permit the district director to
recharacterize a financing arrangement
as a conduit arrangement. The
recharacterization will affect the amount
of U.S. withholding tax due on
financing transactions that are part of
the financing arrangement. This
regulation affects withholding agents
SUMMARY:
E:\FR\FM\11OCN1.SGM
11OCN1
pmangrum on DSK3VPTVN1PROD with NOTICES
61830
Federal Register / Vol. 77, No. 197 / Thursday, October 11, 2012 / Notices
and foreign investors who engage in
multi-party financing arrangements.
Current Actions: There are no changes
to the previously approved burden of
this existing collection.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
1,000.
Estimated Time Per Respondent: 10
min.
Estimated Total Annual Burden
Hours: 10,000.
(2) Title: Form 8871, Political
Organization Notice of Section 527
Status; Form 8453–X, Political
Organization Declaration for Electronic
Filing of Notice of Section 527 Status.
OMB Number: 1545–1693.
Form Number: Forms 8871 and 8453–
X.
Abstract: Public Law 106–230 as
amended by Public Law 107–276,
amended Internal Revenue Code section
527(i) to require certain political
organizations to provide information to
the IRS regarding their name and
address, their purpose, and the names
and addresses of their officers, highly
compensated employees, Board of
Directors, and related entities within the
meaning of section 168(h)(4)). Forms
8871 and 8453–X are used to report this
information to the IRS.
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: Not-for-profit
institutions.
Estimated Number of Respondents:
5,000.
Estimated Time per Respondent: 7
hrs., 2 min.
Estimated Total Annual Reporting
Burden hours: 35,195.
(3) Title: Deferred Compensation
Plans of State and Local Governments
and Tax-Exempt Organizations.
OMB Number: 1545–1695.
Form Number: Revenue Ruling 2000–
33.
Abstract: Revenue Ruling 2000–33
specifies the conditions the plan
sponsor should meet to automatically
defer a certain percentage of its
employees’ compensation into their
accounts in an eligible deferred
compensation plan.
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: Not-for-profit
institutions, and state, local or tribal
governments.
VerDate Mar<15>2010
14:03 Oct 10, 2012
Jkt 229001
Estimated Number of Respondents:
500.
Estimated Time per Respondent: 60
min.
Estimated Total Annual Burden
Hours: 500.
(4) Title: Deduction for Energy
Efficient Commercial Buildings.
OMB Number: 1545–2004.
Form Number: Notice 2006–52.
Abstract: This notice sets forth a
process that allows the owner of energy
efficient commercial building property
to certify that the property satisfies the
requirements of § 179D(c)(1) and (d).
This notice also provides a procedure
whereby the developer of computer
software may certify to the Internal
Revenue Service that the software is
acceptable for use in calculating energy
and power consumption for purposes of
§ 179D of the Code.
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, Businesses and other forprofit organizations.
Estimated Number of Respondents:
21,767.
Estimated Time per Respondent: 1 hr.,
40 min.
Estimated Total Annual Burden
Hours: 3,761.
(5) Title: Guidance Necessary to
Facilitate Business Election Filing.
OMB Number: 1545–2019.
Form Number: REG–161919–05.
Abstract: This regulation provides
guidance to taxpayers for determining
which corporations are included in a
controlled group of corporations.
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: Business or other forprofit organizations.
Estimated Number of Respondents:
350,000.
Estimated Time per Respondent: 45
min.
Estimated Total Annual Burden
Hours: 262,500.
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
PO 00000
Frm 00095
Fmt 4703
Sfmt 4703
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: October 4, 2012.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2012–25043 Filed 10–10–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Information Collection
Tools
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
8876, Excise Tax on Structured
Settlement Factoring Transactions;
Form 944–SS, Employer’s ANNUAL
Federal Tax Return (American Samoa,
Guam, the Northern Mariana Islands,
and the U.S. Virgin Islands, and Form
944–PR, Planilla para la Declaracion
ANNUAL de la Cotribucion Federal del
Patrono; Form 1099–MISC,
Miscellaneous Income; Form 1099–
SUMMARY:
E:\FR\FM\11OCN1.SGM
11OCN1
]]>Agencies
[Federal Register Volume 77, Number 197 (Thursday, October 11, 2012)]
[Notices]
[Pages 61829-61830]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-25043]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Information Collection
Tools
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 an
existing final regulation, INTL-64-93 (TD 8611): Conduit Arrangements
Regulations (Sec. Sec. 1.881-4 and 1.6038A-3); Form 8871, Political
Organization Notice of Section 527 Status; Form 8453-X, Political
Organization Declaration for Electronic Filing of Notice of Section 527
Status; Revenue Ruling 2000-33, Deferred Compensation Plans of State
and Local Governments and Tax-Exempt Organizations; Notice 2006-52,
Deduction for Energy Efficient Commercial Buildings; and TD 9451,
Guidance Necessary to Facilitate Business Election Filing.
DATES: Written comments should be received on or before December 10,
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. 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: Requests for additional information or
copies of the collection tools should be directed to R. Joseph Durbala,
Internal Revenue Service, room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or at (202) 622-3634, or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION: Currently, the IRS is seeking comments
concerning the following information collection tools, reporting, and
record-keeping requirements:
(1) Title: Conduit Arrangements Regulations.
OMB Number: 1545-1440.
Form Number: INTL-64-93.
Abstract: This regulation provides rules that permit the district
director to recharacterize a financing arrangement as a conduit
arrangement. The recharacterization will affect the amount of U.S.
withholding tax due on financing transactions that are part of the
financing arrangement. This regulation affects withholding agents
[[Page 61830]]
and foreign investors who engage in multi-party financing arrangements.
Current Actions: There are no changes to the previously approved
burden of this existing collection.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 1,000.
Estimated Time Per Respondent: 10 min.
Estimated Total Annual Burden Hours: 10,000.
(2) Title: Form 8871, Political Organization Notice of Section 527
Status; Form 8453-X, Political Organization Declaration for Electronic
Filing of Notice of Section 527 Status.
OMB Number: 1545-1693.
Form Number: Forms 8871 and 8453-X.
Abstract: Public Law 106-230 as amended by Public Law 107-276,
amended Internal Revenue Code section 527(i) to require certain
political organizations to provide information to the IRS regarding
their name and address, their purpose, and the names and addresses of
their officers, highly compensated employees, Board of Directors, and
related entities within the meaning of section 168(h)(4)). Forms 8871
and 8453-X are used to report this information to the IRS.
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: Not-for-profit institutions.
Estimated Number of Respondents: 5,000.
Estimated Time per Respondent: 7 hrs., 2 min.
Estimated Total Annual Reporting Burden hours: 35,195.
(3) Title: Deferred Compensation Plans of State and Local
Governments and Tax-Exempt Organizations.
OMB Number: 1545-1695.
Form Number: Revenue Ruling 2000-33.
Abstract: Revenue Ruling 2000-33 specifies the conditions the plan
sponsor should meet to automatically defer a certain percentage of its
employees' compensation into their accounts in an eligible deferred
compensation plan.
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: Not-for-profit institutions, and state, local or
tribal governments.
Estimated Number of Respondents: 500.
Estimated Time per Respondent: 60 min.
Estimated Total Annual Burden Hours: 500.
(4) Title: Deduction for Energy Efficient Commercial Buildings.
OMB Number: 1545-2004.
Form Number: Notice 2006-52.
Abstract: This notice sets forth a process that allows the owner of
energy efficient commercial building property to certify that the
property satisfies the requirements of Sec. 179D(c)(1) and (d). This
notice also provides a procedure whereby the developer of computer
software may certify to the Internal Revenue Service that the software
is acceptable for use in calculating energy and power consumption for
purposes of Sec. 179D of the Code.
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, Businesses and other
for-profit organizations.
Estimated Number of Respondents: 21,767.
Estimated Time per Respondent: 1 hr., 40 min.
Estimated Total Annual Burden Hours: 3,761.
(5) Title: Guidance Necessary to Facilitate Business Election
Filing.
OMB Number: 1545-2019.
Form Number: REG-161919-05.
Abstract: This regulation provides guidance to taxpayers for
determining which corporations are included in a controlled group of
corporations.
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: Business or other for-profit organizations.
Estimated Number of Respondents: 350,000.
Estimated Time per Respondent: 45 min.
Estimated Total Annual Burden Hours: 262,500.
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: October 4, 2012.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2012-25043 Filed 10-10-12; 8:45 am]
BILLING CODE 4830-01-P
