Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties, 86573-86575 [2020-28821]
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Federal Register / Vol. 85, No. 250 / Wednesday, December 30, 2020 / Notices
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as amended. The grant applications
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Name of Committee: National Cancer
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and Regulatory Oversight Support TEP.
Date: January 26, 2021.
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Contact Person: Shakeel Ahmad, Ph.D.,
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Agenda: To review and evaluate grant
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7W248, Rockville, Maryland 20850
(Telephone Conference Call).
Contact Person: Shree Ram Singh, Ph.D.,
Scientific Review Officer, Special Review
Branch, Division of Extramural Activities,
National Cancer Institute, NIH, 9609 Medical
Center Drive, Room 7W248, Rockville,
Maryland 20850, 240–672–6175, singhshr@
mail.nih.gov.
Name of Committee: National Cancer
Institute Special Emphasis Panel; Research to
Reduce Morbidity and Improve Care for
VerDate Sep<11>2014
17:47 Dec 29, 2020
Jkt 253001
Pediatric and AYA Cancer Survivors (R01/
R21).
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Branch, Division of Extramural Activities,
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Maryland 20850, 240–276–6464, meekert@
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(Catalogue of Federal Domestic Assistance
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Dated: December 23, 2020.
Melanie J. Pantoja,
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Committee Policy.
[FR Doc. 2020–28840 Filed 12–29–20; 8:45 am]
BILLING CODE 4140–01–P
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
that the quarterly Internal Revenue
Service interest rates used to calculate
interest on overdue accounts
SUMMARY:
PO 00000
Frm 00045
Fmt 4703
Sfmt 4703
86573
(underpayments) and refunds
(overpayments) of customs duties will
remain the same from the previous
quarter. For the calendar quarter
beginning January 1, 2021, 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: The rates announced in this
notice are applicable as of January 1,
2021.
FOR FURTHER INFORMATION CONTACT:
Bruce Ingalls, Revenue Division,
Collection Refunds & Analysis Branch,
6650 Telecom Drive, Suite #100,
Indianapolis, Indiana 46278; telephone
(317) 298–1107.
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
provides different interest rates
applicable to overpayments: One for
corporations and one for noncorporations.
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 2020–28, the IRS
determined the rates of interest for the
calendar quarter beginning January 1,
2021, and ending on March 31, 2021.
The interest rate paid to the Treasury for
underpayments will be the Federal
short-term rate (0%) plus three
percentage points (3%) for a total of
three percent (3%) for both corporations
and non-corporations. For corporate
overpayments, the rate is the Federal
short-term rate (0%) plus two
percentage points (2%) for a total of two
percent (2%). For overpayments made
by non-corporations, the rate is the
Federal short-term rate (0%) plus three
percentage points (3%) for a total of
three percent (3%). These interest rates
used to calculate interest on overdue
accounts (underpayments) and refunds
(overpayments) of customs duties
E:\FR\FM\30DEN1.SGM
30DEN1
86574
Federal Register / Vol. 85, No. 250 / Wednesday, December 30, 2020 / Notices
remain the same from the previous
quarter. These interest rates are subject
to change for the calendar quarter
beginning April 1, 2021, and ending on
June 30, 2021.
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 July of 1974 to date, to
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
040116
040118
010119
070119
070120
VerDate Sep<11>2014
17:47 Dec 29, 2020
Under
payments
(percent)
Ending date
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............................................................
............................................................
Jkt 253001
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
033116
033118
123118
063019
063020
033121
PO 00000
calculate interest on overdue accounts
and refunds of customs duties, is
published in summary format.
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Frm 00046
Fmt 4703
Sfmt 4703
E:\FR\FM\30DEN1.SGM
Corporate
overpayments
(eff. 1–1–99)
(percent)
Over
payments
(percent)
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
4
5
6
5
3
30DEN1
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
4
5
6
5
3
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
........................
6
7
8
7
6
5
4
3
4
3
4
5
6
7
6
5
4
5
4
3
2
3
2
3
4
5
4
2
Federal Register / Vol. 85, No. 250 / Wednesday, December 30, 2020 / Notices
Dated: December 22, 2020.
Jeffrey Caine,
Chief Financial Officer, U.S. Customs and
Border Protection.
FOR FURTHER INFORMATION CONTACT:
Thomas Friedman, Transportation
Security Administration, 6595
Springfield Center Drive, Springfield,
VA 20598–6028; telephone (571) 227–
3555 OR (202) 236–3786; email
Thomas.Friedman@tsa.dhs.gov OR Air
Cargo Branch, TSA at the above address.
SUPPLEMENTARY INFORMATION:
[FR Doc. 2020–28821 Filed 12–29–20; 8:45 am]
BILLING CODE 9111–14–P
DEPARTMENT OF HOMELAND
SECURITY
Transportation Security Administration
Notice of Meeting
Transportation Security
Administration, Department of
Homeland Security (DHS).
ACTION: Notice.
AGENCY:
Pursuant to standards of the
International Civil Aviation
Organization (ICAO), effective June 30,
2021, all international air-cargo
transported on commercial aircraft must
be screened by the aircraft operator or
received from another regulated entity
that has applied security controls that
satisfy the international standards. The
Transportation Security Administration
(TSA) intends to implement a new
program that meets the ICAO standards
for an alternative to screening and is
announcing a closed meeting with
representatives of e-commerce
fulfillment centers, manufacturers,
shippers, suppliers, warehouses, and
third-party logistics providers who ship
international air cargo to discuss this
alternative framework. This meeting
will be closed to the public.
Participation is limited and all
participants must be validated by TSA
as a representative of one of the
industries identified above and obtain
clearance from TSA for access to
Sensitive Security Information (SSI). In
light of the COVID–19 public health
crisis, the meeting will be virtual.
DATES: This meeting will occur on
Wednesday, January 13, 2021, beginning
at 9:00 a.m. (Eastern Standard Time).
Requests to attend the meeting must be
received by the individual listed in FOR
FURTHER INFORMATION CONTACT on or
before January 6, 2021.
ADDRESSES: Additional information on
SSI can be found at the following link:
https://www.tsa.gov/for-industry/
sensitive-security-information. Due to
the COVID–19 public health crisis, the
meeting will be held virtually. See
Participation at the Meeting below for
information on how to register to attend
the meeting. TSA will provide
participation and other information to
qualified participants in advance of the
meeting.
SUMMARY:
VerDate Sep<11>2014
17:47 Dec 29, 2020
Jkt 253001
Background
Effective June 30, 2021, international
standards require that all international
air cargo carried by commercial air
carriers (passenger and all-cargo) be
screened or received from an entity that
has applied security controls and/or
screened the cargo. On April 10, 2020,
TSA published a Request for
Information (RFI): Air Cargo Security
Options to Mitigate Costs of Compliance
with International Security
Requirements.1 The RFI requested
information from the public, specifically
the air cargo industry, relating to
compliance with international security
standards for the transport of air cargo.2
TSA extended the comment period for
the RFI and held a public meeting on
July 29, 2020, to provide information to
assist the public in submitting
comments and obtain feedback from the
industry.3 Through the RFI, TSA
specifically sought information
regarding options to reduce the burden
on U.S. and foreign all-cargo aircraft
operators in complying with the
international standards, such as security
controls implemented throughout the
supply chain that provides a level of
security commensurate with the
screening of cargo before air transport.
Closed Meeting
On January 13, 2021, TSA will hold
a closed meeting to present a new
program that e-commerce fulfillment
centers, manufacturers, shippers,
suppliers, warehouses, and third-party
logistics providers who ship
international air cargo could voluntarily
choose to participate in as an alternative
to having their air cargo screened by a
TSA-regulated commercial air carrier.
This discussion requires participants to
speak freely about issues that would be
detrimental to transportation safety and
security if disclosed.
Pursuant to the requirements in Title
49 of the United States Code (U.S.C.)
1 See
85 FR 20234 (April 10, 2020).
considered are limited to the transport
of air cargo on all-cargo aircraft. All cargo
transported on passenger aircraft must be screened
as required by TSA’s regulations, which implement
49 U.S.C. 44901(g).
3 See 85 FR 37958 (June 24, 2020) and transcript
available at www.regulations.gov under Docket No.
TSA–2020–0001.
2 Options
PO 00000
Frm 00047
Fmt 4703
Sfmt 4703
86575
sections 114(r) and 44912(d), and
implementing regulations in title 49 of
the Code of Federal Regulations (CFR)
part 1520, this meeting will be closed to
the public to protect against disclosure
of SSI. SSI protections apply to
information related to development of
procedures and facilities ‘‘to protect
passengers and property against acts of
criminal violence, aircraft privacy, and
terrorism and to ensure security.’’ 4 All
participants must either be ‘‘covered
persons’’ as defined in 49 CFR 1520.7,
or otherwise designated by TSA as a
‘‘covered person’’ for purposes of this
event. Participants will be required to
sign a non-disclosure agreement, which
includes acknowledgment of TSA’s SSI
requirements, and ensure that any
information received or otherwise
communicated is properly protected.
The responsibilities of participants to
safeguard all SSI disclosed during or
related to this meeting will continue
after the conclusion of the industry day
event.
Participation at the Meeting
In addition to providing invitations to
relevant associations and corporate
representatives known to TSA through
its regular stakeholder engagements,
TSA also invites representatives of
manufacturers, shippers, suppliers,
warehouses, e-commerce fulfillment
centers, third-party logistics providers
that rely on international air cargo
transportation for commercial purposes.
Participants will be encouraged to share
their feedback about TSA’s proposed
alternate framework to assist industry in
implementing the new ICAO standards.
Persons within these industries are
encouraged to contact the individual
noted in the FOR FURTHER INFORMATION
CONTACT section of this notice for
additional information. Participation in
the meeting is limited to individuals
that TSA determines represent industry
entities potentially and directly affected
by the international standards. TSA will
limit participation to no more than two
individuals per association or company.
All participants must be approved by
TSA for access to SSI and must sign a
Non-Disclosure Agreement in advance
of the meeting. Further attendance
information will be provided to
qualified participants.
The meeting on January 13, 2021, is
scheduled to be a full-day meeting
beginning at 9:00 a.m. (Eastern Standard
4 See
E:\FR\FM\30DEN1.SGM
49 U.S.C. 44912(d).
30DEN1
]]>Agencies
[Federal Register Volume 85, Number 250 (Wednesday, December 30, 2020)]
[Notices]
[Pages 86573-86575]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-28821]
=======================================================================
-----------------------------------------------------------------------
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 that the quarterly Internal
Revenue Service interest rates used to calculate interest on overdue
accounts (underpayments) and refunds (overpayments) of customs duties
will remain the same from the previous quarter. For the calendar
quarter beginning January 1, 2021, 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: The rates announced in this notice are applicable as of January
1, 2021.
FOR FURTHER INFORMATION CONTACT: Bruce Ingalls, Revenue Division,
Collection Refunds & Analysis Branch, 6650 Telecom Drive, Suite #100,
Indianapolis, Indiana 46278; telephone (317) 298-1107.
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 provides 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 2020-28, the IRS determined the rates of interest
for the calendar quarter beginning January 1, 2021, and ending on March
31, 2021. The interest rate paid to the Treasury for underpayments will
be the Federal short-term rate (0%) plus three percentage points (3%)
for a total of three percent (3%) for both corporations and non-
corporations. For corporate overpayments, the rate is the Federal
short-term rate (0%) plus two percentage points (2%) for a total of two
percent (2%). For overpayments made by non-corporations, the rate is
the Federal short-term rate (0%) plus three percentage points (3%) for
a total of three percent (3%). These interest rates used to calculate
interest on overdue accounts (underpayments) and refunds (overpayments)
of customs duties
[[Page 86574]]
remain the same from the previous quarter. These interest rates are
subject to change for the calendar quarter beginning April 1, 2021, and
ending on June 30, 2021.
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 July of 1974 to date, to calculate
interest on overdue accounts and refunds of customs duties, is
published in summary format.
----------------------------------------------------------------------------------------------------------------
Corporate
Under payments Over payments overpayments
Beginning date Ending date (percent) (percent) (eff. 1-1-99)
(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................................ 033116.................. 3 3 2
040116................................ 033118.................. 4 4 3
040118................................ 123118.................. 5 5 4
010119................................ 063019.................. 6 6 5
070119................................ 063020.................. 5 5 4
070120................................ 033121.................. 3 3 2
----------------------------------------------------------------------------------------------------------------
[[Page 86575]]
Dated: December 22, 2020.
Jeffrey Caine,
Chief Financial Officer, U.S. Customs and Border Protection.
[FR Doc. 2020-28821 Filed 12-29-20; 8:45 am]
BILLING CODE 9111-14-P
