Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds of Customs Duties, 69937-69939 [2023-22413]
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Federal Register / Vol. 88, No. 194 / Tuesday, October 10, 2023 / Notices
Liquefied Gases and Liquefied Natural
Gas (LNG).
Wednesday, November 29, 2023
Two subcommittees will meet to
discuss the following task statements:
9:00 a.m.–12:00 p.m. CST
(1) Task Statement 22–03:
Recommendations on Testing
Requirements for Anti-Flashback
Burners for Vapor Control Systems.
ddrumheller on DSK120RN23PROD with NOTICES1
1:30 p.m.–5:00 p.m. CST
(2) Task Statement 22–02:
Recommendations on Industry Best
Practices and Regulatory Updates
Related to the Maritime Transportation
of Lithium Batteries.
The task statements and other
subcommittee information are located at
Homeport at the following address:
https://homeport.uscg.mil/missions/
federal-advisory-committees/nationalchemical-transportation-safetyadvisory-committee-(nctsac)/taskstatements. The agenda for the
discussion of each task statement will
include the following:
(1) Introduction and review
subcommittee task statement.
(2) Public comment period.
(3) Subcommittee discussion and
preparation of any proposed
recommendations for the Committee
meeting on November 30, 2023.
(4) Adjournment of meeting.
Thursday, November 30, 2023
The agenda for the National Chemical
Transportation Safety Advisory
Committee meeting on Thursday,
November 30, 2023 is as follows:
(1) Call to order.
(2) Roll call and determination of
quorum.
(3) Remarks from U.S. Coast Guard
leadership.
(4) Chairman and Designated Federal
Officer’s remarks.
(5) Acceptance of June 15, 2023
meeting minutes and status of task
items.
(6) Committee will review, discuss,
and formulate recommendations on the
following items:
a. Task Statement 21–01:
Recommendations on Loading Limits of
Gas Carriers and U.S. Coast Guard
Supplement to International Hazardous
Zone Requirements.
b. Task Statement 22–01:
Recommendations to Support
Reductions to Emissions and
Environmental Impacts Associated with
Marine Transport of Chemicals,
Liquefied Gases and Liquefied Natural
Gas (LNG).
c. Task Statement 22–02:
Recommendations on Industry Best
VerDate Sep<11>2014
18:39 Oct 06, 2023
Jkt 262001
Practices and Regulatory Updates
Related to the Maritime Transportation
of Lithium Batteries.
d. Task Statement 22–03:
Recommendations on Testing
Requirements for Anti-Flashback
Burners for Vapor Control System.
(7) Subcommittee recommendation
discussion.
(8) Presentation of Task Statement
23–01: Recommendations to Update
CG–ENG Policy Letter 02–15.
(9) Task statement tracking
discussion.
(10) Public comment period.
(11) Set next meeting date and
location.
(12) Adjournment of meeting.
A copy of all meeting documentation
will be available at: https://
homeportr.uscg.mil/missions/federaladvisory-committees/national-chemicaltransportation-safety-advisorycommittee-(nctsac)/committee-meetings
no later than November 22, 2023.
Alternatively, you may contact
Lieutenant Ethan Beard as noted in the
FOR FURTHER INFORMATION CONTACT
section above.
Public comments or questions will be
taken throughout the meetings as the
Committee discusses the issues and
prior to deliberations and voting. There
will be a public comment period at the
end of meetings. Speakers are requested
to limit their comments to two minutes.
Contact the individual listed in the FOR
FURTHER INFORMATION CONTACT section
above, to register as a speaker.
Dated: October 2, 2023.
Jeffrey G. Lantz,
Director of Commercial Regulations and
Standards.
[FR Doc. 2023–22410 Filed 10–6–23; 8:45 am]
BILLING CODE 9110–04–P
DEPARTMENT OF HOMELAND
SECURITY
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in
Calculating Interest on Overdue
Accounts and Refunds of 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
(underpayments) and refunds
(overpayments) of customs duties will
increase from the previous quarter. For
SUMMARY:
PO 00000
Frm 00043
Fmt 4703
Sfmt 4703
69937
the calendar quarter beginning October
1, 2023, the interest rates for
underpayments will be 8 percent for
both corporations and non-corporations.
The interest rate for overpayments will
be 8 percent for non-corporations and 7
percent for 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 October 1,
2023.
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 2023–17, the IRS
determined the rates of interest for the
calendar quarter beginning October 1,
2023, and ending on December 31, 2023.
The interest rate paid to the Treasury for
underpayments will be the Federal
short-term rate (5%) plus three
percentage points (3%) for a total of
eight percent (8%) for both corporations
and non-corporations. For
overpayments made by noncorporations, the rate is the Federal
short-term rate (5%) plus three
percentage points (3%) for a total of
eight percent (8%). For corporate
overpayments, the rate is the Federal
short-term rate (5%) plus two
percentage points (2%) for a total of
seven percent (7%). These interest rates
used to calculate interest on overdue
accounts (underpayments) and refunds
(overpayments) of customs duties
increased from the previous quarter.
These interest rates are subject to
change for the calendar quarter
E:\FR\FM\10OCN1.SGM
10OCN1
69938
Federal Register / Vol. 88, No. 194 / Tuesday, October 10, 2023 / Notices
beginning January 1, 2024, and ending
on March 31, 2024.
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
ddrumheller on DSK120RN23PROD with NOTICES1
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
040122
070122
100122
010123
100123
Ending date
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Fmt 4703
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
033122
063022
093022
123122
093023
123123
Sfmt 4703
calculate interest on overdue accounts
and refunds of customs duties, is
published in summary format.
Under payments
(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
4
5
6
7
8
E:\FR\FM\10OCN1.SGM
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
4
5
6
7
8
10OCN1
Corporate
overpayments
(eff. 1–1–99)
(percent)
............................
............................
............................
............................
............................
............................
............................
............................
............................
............................
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............................
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............................
............................
............................
............................
............................
............................
............................
............................
............................
............................
............................
............................
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
3
4
5
6
7
Federal Register / Vol. 88, No. 194 / Tuesday, October 10, 2023 / Notices
Dated: October 4, 2023.
Jeffrey Caine,
Chief Financial Officer, U.S. Customs and
Border Protection.
500 12th Street SW, Washington, DC
20536–5600. email: sevp@ice.dhs.gov,
telephone: (703) 603–3400. This is not
a toll-free number. Program information
can be found at https://www.ice.gov/
sevis/.
SUPPLEMENTARY INFORMATION:
[FR Doc. 2023–22413 Filed 10–6–23; 8:45 am]
BILLING CODE 9111–14–P
What action is DHS taking under this
notice?
DEPARTMENT OF HOMELAND
SECURITY
U.S. Immigration and Customs
Enforcement
[Docket No. ICEB–2023–0012]
RIN 1653–ZA43
Employment Authorization for
Cameroonian F–1 Nonimmigrant
Students Experiencing Severe
Economic Hardship as a Direct Result
of the Current Armed Conflict and
Current Humanitarian Crisis in
Cameroon
U.S. Immigration and Customs
Enforcement; Department of Homeland
Security.
ACTION: Notice.
AGENCY:
This notice announces that
the Secretary of Homeland Security
(Secretary) is suspending certain
regulatory requirements for F–1
nonimmigrant students whose country
of citizenship is Cameroon, regardless of
country of birth (or individuals having
no nationality who last habitually
resided in Cameroon), and who are
experiencing severe economic hardship
as a direct result of the current armed
conflict and current humanitarian crisis
in Cameroon. The Secretary is taking
action to provide relief to these
Cameroonian students who are in lawful
F–1 nonimmigrant student status, so the
students may request employment
authorization, work an increased
number of hours while school is in
session, and reduce their course load
while continuing to maintain their F–1
nonimmigrant student status. The U.S.
Department of Homeland Security
(DHS) will deem an F–1 nonimmigrant
student granted employment
authorization by means of this notice to
be engaged in a ‘‘full course of study’’
for the duration of the employment
authorization, if the nonimmigrant
student satisfies the minimum course
load requirement described in this
notice.
DATES: This action is effective December
8, 2023, through June 7, 2025.
FOR FURTHER INFORMATION CONTACT:
Sharon Snyder, Unit Chief, Policy and
Response Unit, Student and Exchange
Visitor Program, MS 5600, U.S.
Immigration and Customs Enforcement,
ddrumheller on DSK120RN23PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
18:39 Oct 06, 2023
Jkt 262001
The Secretary is exercising authority
under 8 CFR 214.2(f)(9) to temporarily
suspend the applicability of certain
requirements governing on-campus and
off-campus employment for F–1
nonimmigrant students whose country
of citizenship is Cameroon regardless of
country of birth (or individuals having
no nationality who last habitually
resided in Cameroon), who are present
in the United States in lawful F–1
nonimmigrant student status on the date
of publication of this notice, and who
are experiencing severe economic
hardship as a direct result of the current
armed conflict and current
humanitarian crisis in Cameroon. The
original notice, which suspended
certain regulatory requirements for F–1
nonimmigrant students experiencing
severe economic hardship as a direct
result of the crisis at that time was
effective from June 7, 2022, through
December 7, 2023. See 87 FR 34701
(June 7, 2022). Effective with this
publication, suspension of the
employment limitations is available
through June 7, 2025, for those who are
in lawful F–1 nonimmigrant status on
the date of publication of this notice.
DHS will deem an F–1 nonimmigrant
student granted employment
authorization through this notice to be
engaged in a ‘‘full course of study’’ for
the duration of the employment
authorization, if the student satisfies the
minimum course load set forth in this
notice.1 See 8 CFR 214.2(f)(6)(i)(F).
Who is covered by this notice?
This notice applies exclusively to F–
1 nonimmigrant students who meet all
of the following conditions:
(1) Are a citizen of Cameroon
regardless of country of birth (or an
individual having no nationality who
last habitually resided in Cameroon);
1 Because the suspension of requirements under
this notice applies throughout an academic term
during which the suspension is in effect, DHS
considers an F–1 nonimmigrant student who
engages in a reduced course load or employment (or
both) after this notice is effective to be engaging in
a ‘‘full course of study,’’ see 8 CFR 214.2(f)(6), and
eligible for employment authorization, through the
end of any academic term for which such student
is matriculated as of June 7, 2025, provided the
student satisfies the minimum course load
requirements in this notice.
PO 00000
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Fmt 4703
Sfmt 4703
69939
(2) Were lawfully present in the
United States on the date of publication
of this notice in F–1 nonimmigrant
status under section 101(a)(15)(F)(i) of
the Immigration and Nationality Act
(INA), 8 U.S.C. 1101(a)(15)(F)(i);
(3) Are enrolled in an academic
institution that is Student and Exchange
Visitor Program (SEVP)-certified for
enrollment for F–1 nonimmigrant
students;
(4) Are currently maintaining F–1
nonimmigrant status; and
(5) Are experiencing severe economic
hardship as a direct result of the current
armed conflict and current
humanitarian crisis in Cameroon.
This notice applies to F–1
nonimmigrant students in an approved
private school in kindergarten through
grade 12, public school grades 9 through
12, and undergraduate and graduate
education. An F–1 nonimmigrant
student covered by this notice who
transfers to another SEVP-certified
academic institution remains eligible for
the relief provided by means of this
notice.
Why is DHS taking this action?
DHS is taking action to provide relief
to Cameroonian F–1 nonimmigrant
students experiencing severe economic
hardship due to the current armed
conflict and current humanitarian crisis
in Cameroon. Based on its review of
country conditions in Cameroon and
input received from the U.S.
Department of State (DOS), DHS is
taking action to allow eligible F–1
nonimmigrant students from Cameroon
to request employment authorization,
work an increased number of hours
while school is in session, and reduce
their course load while continuing to
maintain F–1 nonimmigrant status.
In Cameroon’s Far North region,
attacks from Boko Haram and the
Islamic State West Africa Province
(ISWAP, aka IS–WA, aka ISIS–WA) are
becoming more frequent as part of the
armed conflict in that region.2
Separately, the Republic of Cameroon
continues to face secessionist violence
in the English-speaking regions
(Northwest Region and Southwest
Region). The armed conflict in the Far
North and violence elsewhere has led to
a severe humanitarian crisis in
Cameroon, weakened the economy, and
caused many Cameroonians to flee to
2 Cameroon Crisis Response Plan 2023, UN
International Office of Migration, Jan. 19, 2023,
available at https://crisisresponse.iom.int/response/
cameroon-crisis-response-plan-2023 (last visited
July 26, 2023).
E:\FR\FM\10OCN1.SGM
10OCN1
]]>Agencies
[Federal Register Volume 88, Number 194 (Tuesday, October 10, 2023)]
[Notices]
[Pages 69937-69939]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-22413]
-----------------------------------------------------------------------
DEPARTMENT OF HOMELAND SECURITY
U.S. Customs and Border Protection
Quarterly IRS Interest Rates Used in Calculating Interest on
Overdue Accounts and Refunds of 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 increase from the previous quarter. For the calendar quarter
beginning October 1, 2023, the interest rates for underpayments will be
8 percent for both corporations and non-corporations. The interest rate
for overpayments will be 8 percent for non-corporations and 7 percent
for 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 October
1, 2023.
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 2023-17, the IRS determined the rates of interest
for the calendar quarter beginning October 1, 2023, and ending on
December 31, 2023. The interest rate paid to the Treasury for
underpayments will be the Federal short-term rate (5%) plus three
percentage points (3%) for a total of eight percent (8%) for both
corporations and non-corporations. For overpayments made by non-
corporations, the rate is the Federal short-term rate (5%) plus three
percentage points (3%) for a total of eight percent (8%). For corporate
overpayments, the rate is the Federal short-term rate (5%) plus two
percentage points (2%) for a total of seven percent (7%). These
interest rates used to calculate interest on overdue accounts
(underpayments) and refunds (overpayments) of customs duties increased
from the previous quarter. These interest rates are subject to change
for the calendar quarter
[[Page 69938]]
beginning January 1, 2024, and ending on March 31, 2024.
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.................................... 033122 3 3 2
040122.................................... 063022 4 4 3
070122.................................... 093022 5 5 4
100122.................................... 123122 6 6 5
010123.................................... 093023 7 7 6
100123.................................... 123123 8 8 7
----------------------------------------------------------------------------------------------------------------
[[Page 69939]]
Dated: October 4, 2023.
Jeffrey Caine,
Chief Financial Officer, U.S. Customs and Border Protection.
[FR Doc. 2023-22413 Filed 10-6-23; 8:45 am]
BILLING CODE 9111-14-P
