Quarterly IRS Interest Rates Used In Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 2681-2682 [2014-00588]
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Federal Register / Vol. 79, No. 10 / Wednesday, January 15, 2014 / Notices
CBPL No.
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Anyone wishing to employ this entity
to conduct laboratory analyses should
request and receive written assurances
from the entity that it is accredited by
the U.S. Customs and Border Protection
to conduct the specific test requested.
Alternatively, inquiries regarding the
specific tests this entity is accredited or
approved to perform may be directed to
the U.S. Customs and Border Protection
by calling (202) 344–1060. The inquiry
may also be sent to cbp.labhq@dhs.gov.
Please reference the Web site listed
below for a complete listing of CBP
approved gaugers and accredited
laboratories.
https://cbp.gov/linkhandler/cgov/
trade/basic_trade/labs_scientific_svcs/
commercial_gaugers/gaulist.ctt/
gaulist.pdf
Dated: January 3, 2014.
Ira S. Reese,
Executive Director, Laboratories and
Scientific Services.
[FR Doc. 2014–00494 Filed 1–14–14; 8:45 am]
BILLING CODE 9111–14–P
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.
wreier-aviles on DSK5TPTVN1PROD with NOTICES
AGENCY:
General notice.
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 January
1, 2014, the interest rates for
overpayments will be 2 percent for
corporations and 3 percent for noncorporations, 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: January 1, 2014.
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:
Underpayments
(percent)
Ending
date
070174
070175
020176
020178
020180
VerDate Mar<15>2010
API Gravity of crude Petroleum and Petroleum products (Hydrometer Method).
Standard test method for water in petroleum products and bituminous materials by
distillation.
Standard test method for water in crude oils by Coulometric Karl Fischer Titration.
Standard Test method for sediment in crude oils and fuel oils by extraction method.
Standard test method for sediment in crude oil by membrane filtration.
Standard Test method for distillation of petroleum products.
Standard Test method of kinematic viscosity of transparent and opaque liquids.
Standard test method for sulfur in petroleum and petroleum products by energy-dispersive x-ray fluorescence spectrometry.
Standard test method for density and relative density of liquids by digital density
meter.
Standard test method for flash point by Pensky Martin Closed Cup Tester.
Test method for analysis of o-Xylene by Gas Chromatography.
Test method for Analysis of p-Xylene by Gas Chromatography.
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
DEPARTMENT OF HOMELAND
SECURITY
Beginning
date
ACTION:
14:04 Jan 14, 2014
063075
013176
013178
013180
013182
Jkt 232001
PO 00000
2681
Frm 00050
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 2013–25, the IRS
determined the rates of interest for the
calendar quarter beginning January 1,
2014, and ending on March 31, 2014.
The interest rate paid to the Treasury for
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 April 1, 2014, and
ending June 30, 2014.
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
Fmt 4703
Sfmt 4703
Corporate
overpayments
(Eff. 1–1–99)
(percent)
Overpayments
(percent)
E:\FR\FM\15JAN1.SGM
6
9
7
6
12
15JAN1
2682
Federal Register / Vol. 79, No. 10 / Wednesday, January 15, 2014 / Notices
Beginning
date
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
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
033114
Dated: January 10, 2014.
Thomas S. Winkowski,
Acting Commissioner.
HUD is seeking approval from
the Office of Management and Budget
(OMB) for the information collection
described below. In accordance with the
Paperwork Reduction Act, HUD is
requesting comment from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for 60 days of public
comment.
wreier-aviles on DSK5TPTVN1PROD with NOTICES
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5756–N–01]
60-Day Notice of Proposed Information
Collection: Rehabilitation Mortgage
Insurance Underwriting Program
Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner, HUD.
AGENCY:
14:04 Jan 14, 2014
Notice.
SUMMARY:
BILLING CODE 9111–14–P
Jkt 232001
DATES:
Comments Due Date: March 17,
2014.
Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name and/or OMB
ADDRESSES:
PO 00000
Frm 00051
Fmt 4703
Sfmt 4703
Corporate
overpayments
(Eff. 1–1–99)
(percent)
Overpayments
(percent)
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
ACTION:
[FR Doc. 2014–00588 Filed 1–14–14; 8:45 am]
VerDate Mar<15>2010
Underpayments
(percent)
Ending
date
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
6
7
8
7
6
5
4
3
4
3
4
5
6
7
6
5
4
5
4
3
2
3
2
Control Number and should be sent to:
Colette Pollard, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 7th Street
SW., Room 4176, Washington, DC
20410–5000; telephone 202–402–3400
(this is not a toll-free number) or email
at Colette.Pollard@hud.gov for a copy of
the proposed forms or other available
information. Persons with hearing or
speech impairments may access this
number through TTY by calling the tollfree Federal Relay Service at (800) 877–
8339.
FOR FURTHER INFORMATION CONTACT:
Arlene Nunes, Director, HMID,
Department of Housing and Urban
Development, 451 7th Street SW.,
E:\FR\FM\15JAN1.SGM
15JAN1
]]>Agencies
[Federal Register Volume 79, Number 10 (Wednesday, January 15, 2014)]
[Notices]
[Pages 2681-2682]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-00588]
-----------------------------------------------------------------------
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 January 1, 2014, 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: January 1, 2014.
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 2013-25, the IRS determined the rates of interest
for the calendar quarter beginning January 1, 2014, and ending on March
31, 2014. The interest rate paid to the Treasury for 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 April 1, 2014, and ending June 30,
2014.
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 date Ending date Under- payments Over- payments overpayments (Eff. 1-
(percent) (percent) 1-99) (percent)
----------------------------------------------------------------------------------------------------------------
070174 063075 6 6 ....................
070175 013176 9 9 ....................
020176 013178 7 7 ....................
020178 013180 6 6 ....................
020180 013182 12 12 ....................
[[Page 2682]]
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 033114 3 3 2
----------------------------------------------------------------------------------------------------------------
Dated: January 10, 2014.
Thomas S. Winkowski,
Acting Commissioner.
[FR Doc. 2014-00588 Filed 1-14-14; 8:45 am]
BILLING CODE 9111-14-P
