Submission for OMB Review; Comment Request, 69544-69545 [2012-28098]
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69544
Federal Register / Vol. 77, No. 223 / Monday, November 19, 2012 / Notices
Estimated Total Burden Hours: 3,000.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2012–27971 Filed 11–16–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
November 14, 2012.
pmangrum on DSK3VPTVN1PROD with NOTICES
The Department of the Treasury will
submit the following information
collection request to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, Public Law 104–13, on or after the
date of publication of this notice.
DATES: Comments should be received on
or before December 19, 2012 to be
assured of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestion for reducing the burden, to
(1) Office of Information and Regulatory
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Treasury, New Executive Office
Building, Room 10235, Washington, DC
20503, or email at
OIRA_Submission@OMB.EOP.GOV and
(2) Treasury PRA Clearance Officer,
1750 Pennsylvania Ave. NW., Suite
8140, Washington, DC 20220, or email
at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submission(s) may be
obtained by calling (202) 927–5331,
email at PRA@treasury.gov, or the entire
information collection request maybe
found at www.reginfo.gov.
Internal Revenue Service (IRS)
OMB Number: 1545–1983.
Type of Review: Extension without
change.
Title: Qualified Railroad Track
Maintenance Credit.
Form: 8900.
Abstract: Form 8900, Qualified
Railroad Track Maintenance Credit, was
developed to carry out the provisions of
new Code section 45G. This new section
was added by section 245 of the
American Jobs Creation Act of 2004
(Pub. L. 108–357). The new form
provides a means for the eligible
taxpayers to compute the amount of
credit.
Affected Public: Private sector:
Businesses or other for-profit
institutions.
Estimated Total Burden Hours: 1,985.
OMB Number: 1545–1989.
VerDate Mar<15>2010
14:04 Nov 16, 2012
Jkt 229001
Type of Review: Extension without
change of a currently approved
collection.
Title: Notice 2009–53—Credit for
Nonbusiness Energy Property.
Abstract: This notice updates interim
guidance, pending the issuance of
regulations, relating to the credit for
nonbusiness energy property under
§ 25C of the Internal Revenue Code.
Specifically, this notice provides
procedures that manufacturers may
follow to certify property as either
eligible building envelope components
or qualified energy property, as well as
guidance regarding the conditions under
which taxpayers seeking to claim the
§ 25C credit may rely on a
manufacturer’s certification.
Affected Public: Individuals or
households.
Estimated Total Burden Hours: 350.
OMB Number: 1545–1993.
Type of Review: Extension without
change of a currently approved
collection.
Title: Notice 2006–54, Alternative
Fuel Motor Vehicle Credit.
Abstract: This notice sets forth a
process that allows taxpayers who
purchase alternative fuel motor vehicles
to rely on the domestic manufacturer’s
(or, in the case of a foreign
manufacturer, its domestic distributor’s)
certification that both a particular make,
model, and year of vehicle qualifies as
an alternative fuel motor vehicle under
Sec. 30B(a)(4) and (e) of the Internal
Revenue Code and the amount of the
credit allowable with respect to the
vehicle.
Affected Public: Individuals or
households.
Estimated Total Burden Hours: 600.
OMB Number: 1545–2002.
Type of Review: Extension without
change of a currently approved
collection.
Title: Notice 2006–25, Qualifying
Gasification Project Program.
Abstract: This notice establishes the
qualifying gasification project under
Section 48B of the Internal Revenue
Code. This notice provides the time and
manner for a taxpayer to apply for an
allocation of qualifying gasification
project credits.
Affected Public: Businesses or other
for-profit institutions.
Estimated Total Burden Hours: 1,700.
OMB Number: 1545–2005.
Type of Review: Extension without
change of a currently approved
collection.
Title: Restaurant Tips —Attributed
Tip Income Program (ATIP).
Abstract: This revenue procedure sets
forth the requirements for participating
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
in the Attributed Tip Income Program
(ATIP). ATIP provides benefits to
employers and employees similar to
those offered under previous tip
reporting agreements without requiring
one-on-one meetings with the Service to
determine tip rates or eligibility.
Affected Public: Private sector:
Business or other for-profits.
Estimated Total Burden Hours: 6,100.
OMB Number: 1545–2009.
Type of Review: Extension without
change.
Title: Form 13285–A—Reducing Tax
Burden on America’s Taxpayers.
Form: 13285–A.
Abstract: Form 13285–A is used by
taxpayers and external partners and
stakeholders to identify meaningful
taxpayer burden reduction
opportunities. Employees will make the
forms available at education and
outreach events.
Affected Public: Private sector:
Business or other for-profits.
Estimated Total Burden Hours: 62.
OMB Number: 1545–2142.
Type of Review: Revision of a
currently approved collection.
Title: Form 8038–CP—Return for
Credit Payments to Issuers of Qualified
Bonds.
Form: 8038–CP.
Abstract: Form 8038–CP, Return for
Credit Payments to Issuers of Qualified
Bonds, will be used to make direct
payments to State and local
governments. The American Recovery
and Reinvestment Act of 2009, Public
Law 111–5, provides State and local
governments with the option of issuing
a tax credit bond instead of a tax-exempt
governmental obligation bond. The bill
gives State and local governments the
option to receive a direct payment from
the Federal government equal to a
subsidy that would have been received
through the Federal tax credit for bonds.
Affected Public: State, local, or tribal
governments.
Estimated Total Burden Hours:
246,000.
OMB Number: 1545–2143.
Type of Review: Revision of a
currently approved collection.
Title: Notice 2009–26, Build America
Bonds and Direct Payment Subsidy
Implementation.
Abstract: This Notice provides
guidance on the new tax incentives for
Build America Bonds under § 54AA of
the Internal Revenue Code (‘‘Code’’) and
the implementation plans for the
refundable credit payment procedures
for these bonds. This Notice includes
guidance on the modified Build
America Bond program for Recovery
Zone Economic Development Bonds
E:\FR\FM\19NON1.SGM
19NON1
Federal Register / Vol. 77, No. 223 / Monday, November 19, 2012 / Notices
under § 1400U–2 of the Code. This
Notice provides guidance on the initial
refundable credit payment procedures,
required elections, and information
reporting. This Notice solicits public
comments on the refundable credit
payment procedures for these bonds.
This Notice is intended to facilitate
prompt implementation of the Build
America Bond program and to enable
state and local governments to begin
issuing these bonds for authorized
purposes to promote economic recovery
and job creation.
Affected Public: State, local, or tribal
governments.
Estimated Total Burden Hours:
15,000.
OMB Number: 1545–2231.
Type of Review: Extension without
change.
Title: Form 13768—Electronic Tax
Administration Advisory Committee
Membership Application.
Abstract: The Internal Revenue
Service Restructuring and Reform Act of
1998 (RRA 98) authorized the creation
of the Electronic Tax Administration
Advisory Committee (ETAAC). ETAAC
has a primary duty of providing input
to the Internal Revenue Service (IRS) on
its strategic plan for electronic tax
administration. Accordingly, ETAAC’s
responsibilities involve researching,
analyzing and making recommendations
on a wide range of electronic tax
administration issues.
Affected Public: Private sector:
Business or other for-profits.
Estimated Total Burden Hours: 500.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2012–28098 Filed 11–16–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
pmangrum on DSK3VPTVN1PROD with NOTICES
November 14, 2012.
The Department of the Treasury will
submit the following information
collection request to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, Public Law 104–13, on or after the
date of publication of this notice.
DATES: Comments should be received on
or before December 19, 2012 to be
assured of consideration.
ADDRESSES: Send comments regarding
the burden estimate, or any other aspect
of the information collection, including
suggestion for reducing the burden, to
(1) Office of Information and Regulatory
VerDate Mar<15>2010
14:04 Nov 16, 2012
Jkt 229001
Affairs, Office of Management and
Budget, Attention: Desk Officer for
Treasury, New Executive Office
Building, Room 10235, Washington, DC
20503, or email at
OIRA_Submission@OMB.EOP.GOV and
(2) Treasury PRA Clearance Officer,
1750 Pennsylvania Ave. NW., Suite
8140, Washington, DC 20220, or email
at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Copies of the submission(s) may be
obtained by calling (202) 927–5331,
email at PRA@treasury.gov, or the entire
information collection request maybe
found at www.reginfo.gov.
Internal Revenue Service (IRS)
OMB Number: 1545–0046.
Type of Review: Extension without
change.
Title: Form 982—Reduction of Tax
Attributes Due to Discharge of
Indebtedness (and Section 1082 Basis
Adjustment).
Form: 982.
Abstract: Internal Revenue Code
section 108 allows taxpayers to exclude
from gross income amounts attributable
to discharge of indebtedness in title 11
cases, insolvency, or qualified farm
indebtedness. Code section 1081(b)
allows corporations to exclude from
gross income amounts attributable to
certain transfers of property. The data is
used to verify adjustments to basis of
property and reduction of tax attributes.
Affected Public: Private sector:
Businesses or other for-profit
institutions.
Estimated Total Burden Hours: 7,491.
OMB Number: 1545–0144.
Type of Review: Extension without
change of a currently approved
collection.
Title: Undistributed Capital Gains Tax
Return.
Form: 2438.
Abstract: Form 2438 is used by
regulated investment companies to
figure capital gains tax on undistributed
capital gains designated under IRC
section 852(b)3(D). IRS uses this
information to determine the correct tax.
Affected Public: Private sector:
Business or other for-profits.
Estimated Total Burden Hours: 976.
OMB Number: 1545–0195.
Type of Review: Extension without
change of a currently approved
collection.
Title: Election to Postpone
Determination as to whether the
Presumption Applies that an activity is
engaged in for profit.
Form: 5213.
Abstract: This form is used by
individuals, partnerships, estates, trusts,
PO 00000
Frm 00112
Fmt 4703
Sfmt 4703
69545
and S corporations to make an election
to postpone an IRS determination as to
whether an activity is engaged in for
profit for 5 years (7 years for breeding,
training, showing, or racing horses). The
data is used to verify eligibility to make
the election.
Affected Public: Businesses or other
for-profit institutions.
Estimated Total Burden Hours: 2,762.
OMB Number: 1545–0260.
Type of Review: Extension without
change of a currently approved
collection.
Title: Form 706–CE—Certificate of
Payment of Foreign Death Tax.
Form: 706–CE.
Abstract: Form 706–CE is used by the
executors of estates to certify that
foreign death taxes have been paid so
that the estate may claim the foreign
death tax credit allowed by IRS section
2014. The information is used by IRS to
verify that the proper tax credit has been
claimed.
Affected Public: Individuals or
households.
Estimated Total Burden Hours: 3,870.
OMB Number: 1545–1035.
Type of Review: Extension without
change of a currently approved
collection.
Title: Recapture of Low-Income
Housing Credit.
Form: 8611.
Abstract: IRC section 42 permits
owners of residential rental projects
providing low-income housing to claim
a credit against their income tax. If the
property is disposed of or it falls to meet
certain requirements over a 15-year
compliance period and a bond is not
posted, the owner must recapture on
Form 8611 part of the credit(s) taken in
prior years.
Affected Public: Private sector:
Business or other for-profits.
Estimated Total Burden Hours: 7,842.
OMB Number: 1545–1522.
Type of Review: Extension without
change.
Title: Revenue Procedure 2010—
1(Letter rulings, information letters, and
determination letters)—26 CFR 601–
.201.
Abstract: This revenue procedure
explains how the Service provides
advice to taxpayers on issues under the
jurisdiction of the Associate Chief
Counsel (Corporate), the Associate Chief
Counsel (Financial Institutions and
Products), the Associate Chief Counsel
(Income Tax and Accounting), the
Associate Chief Counsel (International),
the Associate Chief Counsel
(Passthroughs and Special Industries),
the Associate Chief Counsel (Procedure
and Administration), and the Division
E:\FR\FM\19NON1.SGM
19NON1
]]>Agencies
[Federal Register Volume 77, Number 223 (Monday, November 19, 2012)]
[Notices]
[Pages 69544-69545]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-28098]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
November 14, 2012.
The Department of the Treasury will submit the following
information collection request to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, Public Law 104-13, on or after the date of
publication of this notice.
DATES: Comments should be received on or before December 19, 2012 to be
assured of consideration.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestion for reducing
the burden, to (1) Office of Information and Regulatory Affairs, Office
of Management and Budget, Attention: Desk Officer for Treasury, New
Executive Office Building, Room 10235, Washington, DC 20503, or email
at OIRA_Submission@OMB.EOP.GOV and (2) Treasury PRA Clearance Officer,
1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, or email
at PRA@treasury.gov.
FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be
obtained by calling (202) 927-5331, email at PRA@treasury.gov, or the
entire information collection request maybe found at www.reginfo.gov.
Internal Revenue Service (IRS)
OMB Number: 1545-1983.
Type of Review: Extension without change.
Title: Qualified Railroad Track Maintenance Credit.
Form: 8900.
Abstract: Form 8900, Qualified Railroad Track Maintenance Credit,
was developed to carry out the provisions of new Code section 45G. This
new section was added by section 245 of the American Jobs Creation Act
of 2004 (Pub. L. 108-357). The new form provides a means for the
eligible taxpayers to compute the amount of credit.
Affected Public: Private sector: Businesses or other for-profit
institutions.
Estimated Total Burden Hours: 1,985.
OMB Number: 1545-1989.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2009-53--Credit for Nonbusiness Energy Property.
Abstract: This notice updates interim guidance, pending the
issuance of regulations, relating to the credit for nonbusiness energy
property under Sec. 25C of the Internal Revenue Code. Specifically,
this notice provides procedures that manufacturers may follow to
certify property as either eligible building envelope components or
qualified energy property, as well as guidance regarding the conditions
under which taxpayers seeking to claim the Sec. 25C credit may rely on
a manufacturer's certification.
Affected Public: Individuals or households.
Estimated Total Burden Hours: 350.
OMB Number: 1545-1993.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2006-54, Alternative Fuel Motor Vehicle Credit.
Abstract: This notice sets forth a process that allows taxpayers
who purchase alternative fuel motor vehicles to rely on the domestic
manufacturer's (or, in the case of a foreign manufacturer, its domestic
distributor's) certification that both a particular make, model, and
year of vehicle qualifies as an alternative fuel motor vehicle under
Sec. 30B(a)(4) and (e) of the Internal Revenue Code and the amount of
the credit allowable with respect to the vehicle.
Affected Public: Individuals or households.
Estimated Total Burden Hours: 600.
OMB Number: 1545-2002.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2006-25, Qualifying Gasification Project Program.
Abstract: This notice establishes the qualifying gasification
project under Section 48B of the Internal Revenue Code. This notice
provides the time and manner for a taxpayer to apply for an allocation
of qualifying gasification project credits.
Affected Public: Businesses or other for-profit institutions.
Estimated Total Burden Hours: 1,700.
OMB Number: 1545-2005.
Type of Review: Extension without change of a currently approved
collection.
Title: Restaurant Tips --Attributed Tip Income Program (ATIP).
Abstract: This revenue procedure sets forth the requirements for
participating in the Attributed Tip Income Program (ATIP). ATIP
provides benefits to employers and employees similar to those offered
under previous tip reporting agreements without requiring one-on-one
meetings with the Service to determine tip rates or eligibility.
Affected Public: Private sector: Business or other for-profits.
Estimated Total Burden Hours: 6,100.
OMB Number: 1545-2009.
Type of Review: Extension without change.
Title: Form 13285-A--Reducing Tax Burden on America's Taxpayers.
Form: 13285-A.
Abstract: Form 13285-A is used by taxpayers and external partners
and stakeholders to identify meaningful taxpayer burden reduction
opportunities. Employees will make the forms available at education and
outreach events.
Affected Public: Private sector: Business or other for-profits.
Estimated Total Burden Hours: 62.
OMB Number: 1545-2142.
Type of Review: Revision of a currently approved collection.
Title: Form 8038-CP--Return for Credit Payments to Issuers of
Qualified Bonds.
Form: 8038-CP.
Abstract: Form 8038-CP, Return for Credit Payments to Issuers of
Qualified Bonds, will be used to make direct payments to State and
local governments. The American Recovery and Reinvestment Act of 2009,
Public Law 111-5, provides State and local governments with the option
of issuing a tax credit bond instead of a tax-exempt governmental
obligation bond. The bill gives State and local governments the option
to receive a direct payment from the Federal government equal to a
subsidy that would have been received through the Federal tax credit
for bonds.
Affected Public: State, local, or tribal governments.
Estimated Total Burden Hours: 246,000.
OMB Number: 1545-2143.
Type of Review: Revision of a currently approved collection.
Title: Notice 2009-26, Build America Bonds and Direct Payment
Subsidy Implementation.
Abstract: This Notice provides guidance on the new tax incentives
for Build America Bonds under Sec. 54AA of the Internal Revenue Code
(``Code'') and the implementation plans for the refundable credit
payment procedures for these bonds. This Notice includes guidance on
the modified Build America Bond program for Recovery Zone Economic
Development Bonds
[[Page 69545]]
under Sec. 1400U-2 of the Code. This Notice provides guidance on the
initial refundable credit payment procedures, required elections, and
information reporting. This Notice solicits public comments on the
refundable credit payment procedures for these bonds. This Notice is
intended to facilitate prompt implementation of the Build America Bond
program and to enable state and local governments to begin issuing
these bonds for authorized purposes to promote economic recovery and
job creation.
Affected Public: State, local, or tribal governments.
Estimated Total Burden Hours: 15,000.
OMB Number: 1545-2231.
Type of Review: Extension without change.
Title: Form 13768--Electronic Tax Administration Advisory Committee
Membership Application.
Abstract: The Internal Revenue Service Restructuring and Reform Act
of 1998 (RRA 98) authorized the creation of the Electronic Tax
Administration Advisory Committee (ETAAC). ETAAC has a primary duty of
providing input to the Internal Revenue Service (IRS) on its strategic
plan for electronic tax administration. Accordingly, ETAAC's
responsibilities involve researching, analyzing and making
recommendations on a wide range of electronic tax administration
issues.
Affected Public: Private sector: Business or other for-profits.
Estimated Total Burden Hours: 500.
Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. 2012-28098 Filed 11-16-12; 8:45 am]
BILLING CODE 4830-01-P
