Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 20349-20351 [2013-07838]

Download as PDF Federal Register / Vol. 78, No. 65 / Thursday, April 4, 2013 / Notices consideration for participation will be given to importers enrolled in the C– TPAT Program as Tier 2 or Tier 3 members, and members of the Importer Self-Assessment (ISA) Program. Importers interested in participating at this time, however, need not be C–TPAT or ISA participants to apply to the four CEEs that were announced in the August 28, 2012 Federal Register (77 FR 52048) notice, or to the six newly identified CEEs. CBP will notify the selected applicants in writing of their selection, their designated CEE, and the starting date of their participation. Selected participants may have different starting dates. wreier-aviles on DSK5TPTVN1PROD with NOTICES Legal Authority for General Testing Section 101.9(a) of the CBP regulations (19 CFR 101.9(a)) allows CBP to conduct a test program or procedure to evaluate the effectiveness of operational procedures regarding the processing of passengers, vessels, or merchandise by imposing requirements different from those specified in the CBP regulations but only to the extent that such different requirements do not affect the collection of the revenue, public health, safety, or law enforcement. This test is established pursuant to 19 CFR 101.9(a) to test the effectiveness of new operational procedures. Revenue collection will continue to be handled electronically through the Automated Clearing House (ACH) and by the ports of entry and the test will not affect public health, safety, or law enforcement. Misconduct Under the Test A CEE test participant may be subject to civil and criminal penalties, administrative sanctions, liquidated damages, and/or discontinuance from participation in this test for any of the following: • Failure to follow the terms and conditions of this test. • Failure to exercise reasonable care in the execution of participant obligations. • Failure to abide by applicable laws and regulations that have not been waived. • Failure to deposit duties or fees in a timely manner. If the CEE Director finds that there is a basis for discontinuance of test participation privileges, the test participant will be provided a written notice proposing the discontinuance with a description of the facts or conduct warranting the action. The test participant will be offered the opportunity to appeal the CEE Director’s decision in writing within 10 calendar days of receipt of the written notice. The VerDate Mar<15>2010 14:48 Apr 03, 2013 Jkt 229001 appeal must be submitted to U.S. Customs and Border Protection, Office of Field Operations, Cargo and Conveyance Security (CCS) Division, 1300 Pennsylvania Ave. NW., Suite 2.3D, Washington, DC 20229–1015 or by email to CEE@cbp.dhs.gov. The Executive Director, Cargo and Conveyance Security, Office of Field Operations (OFO), CBP Headquarters, will issue a decision in writing on the proposed action within 30 working days after receiving a timely filed appeal from the test participant. If no timely appeal is received, the proposed notice becomes the final decision of the Agency as of the date that the appeal period expires. A proposed discontinuance of a test participant’s participation privileges will not take effect unless the appeal process under this paragraph has been concluded with a written decision adverse to the test participant. In the case of willfulness or those in which public health, interest, or safety so requires, the CEE Director may immediately discontinue the test participant’s participation privileges upon written notice to the test participant. The notice will contain a description of the facts or conduct warranting the immediate action. The test participant will be offered the opportunity to appeal the CEE Director’s decision within 10 calendar days of receipt of the written notice providing for immediate discontinuance. The appeal must be submitted to U.S. Customs and Border Protection, Office of Field Operations, CCS Division, 1300 Pennsylvania Ave. NW., Suite 2.3D, Washington, DC 20229–1015 or by email to CEE@cbp.dhs.gov. The immediate discontinuance will remain in effect during the appeal period. The Executive Director, Cargo and Conveyance Security, Office of Field Operations (OFO), CBP Headquarters, will issue a decision in writing on the discontinuance within 15 working days after receiving a timely filed appeal from the test participant. If no timely appeal is received, the notice becomes the final decision of the Agency as of the date that the appeal period expires. Dated: March 29, 2013. David V. Aguilar, Deputy Commissioner, U.S. Customs and Border Protection. [FR Doc. 2013–07840 Filed 4–3–13; 8:45 am] BILLING CODE P PO 00000 Frm 00055 Fmt 4703 Sfmt 4703 20349 DEPARTMENT OF HOMELAND SECURITY U.S. Customs and Border Protection Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties U.S. Customs and Border Protection, Department of Homeland Security. ACTION: General notice. AGENCY: This notice advises the public of the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties. For the calendar quarter beginning April 1, 2013, the interest rates for overpayments will be 2 percent for corporations and 3 percent for non-corporations, and the interest rate for underpayments will be 3 percent for both corporations and noncorporations. This notice is published for the convenience of the importing public and U.S. Customs and Border Protection personnel. DATES: Effective Date: April 1, 2013. FOR FURTHER INFORMATION CONTACT: Ron Wyman, Revenue Division, Collection and Refunds Branch, 6650 Telecom Drive, Suite #100, Indianapolis, Indiana 46278; telephone (317) 614–4516. SUPPLEMENTARY INFORMATION: SUMMARY: Background Pursuant to 19 U.S.C. 1505 and Treasury Decision 85–93, published in the Federal Register on May 29, 1985 (50 FR 21832), the interest rate paid on applicable overpayments or underpayments of customs duties must be in accordance with the Internal Revenue Code rate established under 26 U.S.C. 6621 and 6622. Section 6621 was amended (at paragraph (a)(1)(B) by the Internal Revenue Service Restructuring and Reform Act of 1998, Public Law 105–206, 112 Stat. 685) to provide different interest rates applicable to overpayments: one for corporations and one for non-corporations. The interest rates are based on the Federal short-term rate and determined by the Internal Revenue Service (IRS) on behalf of the Secretary of the Treasury on a quarterly basis. The rates effective for a quarter are determined during the first-month period of the previous quarter. In Revenue Ruling 2013–6, the IRS determined the rates of interest for the calendar quarter beginning April 1, 2013, and ending on June 30, 2013. The interest rate paid to the Treasury for E:\FR\FM\04APN1.SGM 04APN1 20350 Federal Register / Vol. 78, No. 65 / Thursday, April 4, 2013 / Notices percent (2%). For overpayments made by non-corporations, the rate is the Federal short-term rate (1%) plus two percentage points (2%) for a total of three percent (3%). These interest rates are subject to change for the calendar quarter beginning July 1, 2013, and ending September 30, 2013. underpayments will be the Federal short-term rate (1%) plus two percentage points (2%) for a total of three percent (3%) for both corporations and non-corporations. For corporate overpayments, the rate is the Federal short-term rate (1%) plus one percentage point (1%) for a total of two wreier-aviles on DSK5TPTVN1PROD with NOTICES Beginning date 070174 070175 020176 020178 020180 020182 010183 070183 010185 070185 010186 070186 010187 100187 010188 040188 100188 040189 100189 040191 010192 040192 100192 070194 100194 040195 070195 040196 070196 040198 010199 040199 040100 040101 070101 010102 010103 100103 040104 070104 100104 040105 100105 070106 010108 040108 070108 100108 010109 040109 010111 040111 100111 VerDate Mar<15>2010 14:48 Apr 03, 2013 Under-payments (percent) Ending date 063075 013176 013178 013180 013182 123182 063083 123184 063085 123185 063086 123186 093087 123187 033188 093088 033189 093089 033191 123191 033192 093092 063094 093094 033195 063095 033196 063096 033198 123198 033199 033100 033101 063001 123101 123102 093003 033104 063004 093004 033105 093005 063006 123107 033108 063008 093008 123108 033109 123110 033111 093011 063013 Jkt 229001 PO 00000 Frm 00056 For the convenience of the importing public and U.S. Customs and Border Protection personnel the following list of IRS interest rates used, covering the period from before July of 1974 to date, to calculate interest on overdue accounts and refunds of customs duties, is published in summary format. 6 9 7 6 12 20 16 11 13 11 10 9 9 10 11 10 11 12 11 10 9 8 7 8 9 10 9 8 9 8 7 8 9 8 7 6 5 4 5 4 5 6 7 8 7 6 5 6 5 4 3 4 3 Fmt 4703 Corporate overpayments (Eff. 1–1–99) (percent) Over-payments (percent) Sfmt 4703 6 9 7 6 12 20 16 11 13 11 10 9 8 9 10 9 10 11 10 9 8 7 6 7 8 9 8 7 8 7 7 8 9 8 7 6 5 4 5 4 5 6 7 8 7 6 5 6 5 4 3 4 3 E:\FR\FM\04APN1.SGM 04APN1 6 7 8 7 6 5 4 3 4 3 4 5 6 7 6 5 4 5 4 3 2 3 2 Federal Register / Vol. 78, No. 65 / Thursday, April 4, 2013 / Notices Dated: April 1, 2013. Thomas S. Winkowski, Deputy Commissioner of U.S. Customs and Border Protection, Performing the duties of the Commissioner of CBP. [FR Doc. 2013–07838 Filed 4–3–13; 8:45 am] BILLING CODE 9111–14–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5687–N–16] Notice of Proposed Information Collection; Comment Request: Management Certifications and Management Entity Profile Office of the Assistant Secretary for Housing, HUD. ACTION: Notice. AGENCY: The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. HUD is soliciting public comments on the subject proposal. DATES: Comments Due Date: June 3, 2013. SUMMARY: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Reports Liaison Officer, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410, Room 9120 or the number for the Federal Relay Service (1–800–877– 8339). ADDRESSES: wreier-aviles on DSK5TPTVN1PROD with NOTICES FOR FURTHER INFORMATION CONTACT: Harry Messner, Office of Asset Management, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 402–2626 (this is not a toll free number) for copies of the proposed forms and other available information. SUPPLEMENTARY INFORMATION: HUD is submitting the proposed information collection to OMB for review, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended). This Notice is soliciting comments from members of the public and affected agencies concerning the proposed collection of information to: (1) Evaluate whether the proposed collection is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of VerDate Mar<15>2010 14:48 Apr 03, 2013 Jkt 229001 information; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond; including the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. This Notice also lists the following information: Title of Proposal: Management Certifications and Management Entity Profile. OMB Control Number, if applicable: 2502–0305. Description of the need for the information and proposed use: Owners of HUD-held, -insured, or subsidized multifamily housing projects must provide information for HUD’s oversight of management agents/entities. Agency form numbers, if applicable: HUD–9832, HUD–9839A, HUD–9839B, HUD–9839C. Estimation of the total numbers of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: The number of burden hours is 3,181. The number of respondents is 29,942, the number of responses is 1,871, the frequency of response is on occasion, and the burden hour per response is 2.50. Status of the proposed information collection: Extension of a currently approved collection. Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., Chapter 35, as amended. Dated: March 27, 2013. Laura M. Marin, Acting General Assistant Secretary for Housing—Acting General Deputy Federal Housing Commissioner. [FR Doc. 2013–07785 Filed 4–3–13; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5687–N–17] Notice of Proposed Information Collection; Comment Request: Application for Multifamily Project Mortgage Insurance Office of the Assistant Secretary for Housing, HUD. ACTION: Notice. AGENCY: The proposed information collection requirement described below will be submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. HUD is soliciting public comments on the subject proposal. SUMMARY: PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 DATES: 20351 Comments Due Date: June 3, 2013. Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Reports Liaison Officer, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410, Room 9120 or the number for the Federal Relay Service (1–800–877– 8339). ADDRESSES: Ted Toon, Director, Office of Multifamily Development, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 708–8386 for copies of the proposed forms and other available information. FOR FURTHER INFORMATION CONTACT: Is submitting the proposed information collection to OMB for review, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended). This Notice is soliciting comments from members of the public and affected agencies concerning the proposed collection of information to: (1) Evaluate whether the proposed collection is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond; including the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. This Notice also lists the following information: Title of Proposal: Application for Multifamily Project Mortgage Insurance. OMB Control Number, if applicable: 2502–0029. Description of the need for the information and proposed use: HUD reviews the information collection to determine the acceptability of the mortgagor, sponsor, and other key principles for an application for mortgage insurance. The Owner and Architect represent that they are familiar with HUD’s architectural requirements and will comply with all rules and regulations as prescribed by HUD. These forms are available on Department’s Web site. The forms are pdf fillable and will be sent by SUPPLEMENTARY INFORMATION: E:\FR\FM\04APN1.SGM 04APN1

Agencies

[Federal Register Volume 78, Number 65 (Thursday, April 4, 2013)]
[Notices]
[Pages 20349-20351]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-07838]


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DEPARTMENT OF HOMELAND SECURITY

U.S. Customs and Border Protection


 Quarterly IRS Interest Rates Used in Calculating Interest on 
Overdue Accounts and Refunds on Customs Duties

AGENCY: U.S. Customs and Border Protection, Department of Homeland 
Security.

ACTION: General notice.

-----------------------------------------------------------------------

SUMMARY: This notice advises the public of the quarterly Internal 
Revenue Service interest rates used to calculate interest on overdue 
accounts (underpayments) and refunds (overpayments) of customs duties. 
For the calendar quarter beginning April 1, 2013, the interest rates 
for overpayments will be 2 percent for corporations and 3 percent for 
non-corporations, and the interest rate for underpayments will be 3 
percent for both corporations and non-corporations. This notice is 
published for the convenience of the importing public and U.S. Customs 
and Border Protection personnel.

DATES: Effective Date: April 1, 2013.

FOR FURTHER INFORMATION CONTACT: Ron Wyman, Revenue Division, 
Collection and Refunds Branch, 6650 Telecom Drive, Suite 100, 
Indianapolis, Indiana 46278; telephone (317) 614-4516.

SUPPLEMENTARY INFORMATION:

Background

    Pursuant to 19 U.S.C. 1505 and Treasury Decision 85-93, published 
in the Federal Register on May 29, 1985 (50 FR 21832), the interest 
rate paid on applicable overpayments or underpayments of customs duties 
must be in accordance with the Internal Revenue Code rate established 
under 26 U.S.C. 6621 and 6622. Section 6621 was amended (at paragraph 
(a)(1)(B) by the Internal Revenue Service Restructuring and Reform Act 
of 1998, Public Law 105-206, 112 Stat. 685) to provide different 
interest rates applicable to overpayments: one for corporations and one 
for non-corporations.
    The interest rates are based on the Federal short-term rate and 
determined by the Internal Revenue Service (IRS) on behalf of the 
Secretary of the Treasury on a quarterly basis. The rates effective for 
a quarter are determined during the first-month period of the previous 
quarter.
    In Revenue Ruling 2013-6, the IRS determined the rates of interest 
for the calendar quarter beginning April 1, 2013, and ending on June 
30, 2013. The interest rate paid to the Treasury for

[[Page 20350]]

underpayments will be the Federal short-term rate (1%) plus two 
percentage points (2%) for a total of three percent (3%) for both 
corporations and non-corporations. For corporate overpayments, the rate 
is the Federal short-term rate (1%) plus one percentage point (1%) for 
a total of two percent (2%). For overpayments made by non-corporations, 
the rate is the Federal short-term rate (1%) plus two percentage points 
(2%) for a total of three percent (3%). These interest rates are 
subject to change for the calendar quarter beginning July 1, 2013, and 
ending September 30, 2013.
    For the convenience of the importing public and U.S. Customs and 
Border Protection personnel the following list of IRS interest rates 
used, covering the period from before July of 1974 to date, to 
calculate interest on overdue accounts and refunds of customs duties, 
is published in summary format.

------------------------------------------------------------------------
                                                            Corporate
  Beginning                    Under-         Over-       overpayments
    date       Ending date    payments      payments      (Eff. 1-1-99)
                              (percent)     (percent)       (percent)
------------------------------------------------------------------------
     070174        063075             6             6   ................
     070175        013176             9             9   ................
     020176        013178             7             7   ................
     020178        013180             6             6   ................
     020180        013182            12            12   ................
     020182        123182            20            20   ................
     010183        063083            16            16   ................
     070183        123184            11            11   ................
     010185        063085            13            13   ................
     070185        123185            11            11   ................
     010186        063086            10            10   ................
     070186        123186             9             9   ................
     010187        093087             9             8   ................
     100187        123187            10             9   ................
     010188        033188            11            10   ................
     040188        093088            10             9   ................
     100188        033189            11            10   ................
     040189        093089            12            11   ................
     100189        033191            11            10   ................
     040191        123191            10             9   ................
     010192        033192             9             8   ................
     040192        093092             8             7   ................
     100192        063094             7             6   ................
     070194        093094             8             7   ................
     100194        033195             9             8   ................
     040195        063095            10             9   ................
     070195        033196             9             8   ................
     040196        063096             8             7   ................
     070196        033198             9             8   ................
     040198        123198             8             7   ................
     010199        033199             7             7                 6
     040199        033100             8             8                 7
     040100        033101             9             9                 8
     040101        063001             8             8                 7
     070101        123101             7             7                 6
     010102        123102             6             6                 5
     010103        093003             5             5                 4
     100103        033104             4             4                 3
     040104        063004             5             5                 4
     070104        093004             4             4                 3
     100104        033105             5             5                 4
     040105        093005             6             6                 5
     100105        063006             7             7                 6
     070106        123107             8             8                 7
     010108        033108             7             7                 6
     040108        063008             6             6                 5
     070108        093008             5             5                 4
     100108        123108             6             6                 5
     010109        033109             5             5                 4
     040109        123110             4             4                 3
     010111        033111             3             3                 2
     040111        093011             4             4                 3
     100111        063013             3             3                 2
------------------------------------------------------------------------



[[Page 20351]]

    Dated: April 1, 2013.
Thomas S. Winkowski,
Deputy Commissioner of U.S. Customs and Border Protection, Performing 
the duties of the Commissioner of CBP.
[FR Doc. 2013-07838 Filed 4-3-13; 8:45 am]
BILLING CODE 9111-14-P