Department of Treasury July 1, 2008 – Federal Register Recent Federal Regulation Documents

Employment Tax Adjustments
Document Number: E8-14947
Type: Rule
Date: 2008-07-01
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations relating to employment tax adjustments and employment tax refund claims. The final regulations modify the process for making interest-free adjustments for both underpayments and overpayments of Federal Insurance Contributions Act (FICA) and Railroad Retirement Tax Act (RRTA) taxes and Federal income tax withholding (ITW) under sections 6205(a) and 6413(a), respectively, of the Internal Revenue Code (Code). These regulations also modify the process for filing claims for refund of overpayments of employment taxes under sections 6402 and 6414. This document contains final regulations relating to the return requirements under section 6011 to reflect the changes to the adjustment and refund processes, and to reflect additional statutory and process updates. This document also contains final regulations under section 6302 to clarify deposit obligations with respect to interest-free adjustments of underpayments and the effect of adjustments and refunds on the deposit schedule of a Form 943 filer.
Extension of Time for Filing Returns
Document Number: E8-14902
Type: Rule
Date: 2008-07-01
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final and temporary regulations relating to the simplification of procedures for obtaining automatic extensions of time to file certain returns. For these returns, the final and temporary regulations also remove the requirements for a signature and an explanation of the need for an extension of time to file. The final and temporary regulations affect taxpayers who are required to file certain returns and need an extension of time to file. The text of the temporary regulations also serves as the text of the proposed regulations set forth in the notice of proposed rulemaking on this subject in the Proposed Rules section of this issue of the Federal Register.
Extension of Time for Filing Returns
Document Number: E8-14901
Type: Proposed Rule
Date: 2008-07-01
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing final and temporary regulations relating to the simplification of procedures for automatic extensions of time to file certain returns. These simplified procedures are aimed at reducing overall taxpayer burden. The text of the temporary regulations also serves as the text of these proposed regulations.
Additional Designation of Individuals and Entities Pursuant to Executive Order 13224
Document Number: E8-14844
Type: Notice
Date: 2008-07-01
Agency: Department of the Treasury, Office of Foreign Assets Control, Foreign Assets Control Office, Department of Treasury
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of six newly-designated individuals and entities whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.''
Unblocking of Specially Designated National Pursuant to Executive Order 13224
Document Number: E8-14842
Type: Notice
Date: 2008-07-01
Agency: Department of the Treasury, Office of Foreign Assets Control, Foreign Assets Control Office, Department of Treasury
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is removing the name of one individual from the list of Specially Designated Nationals and Blocked Persons whose property and interests in property have been blocked pursuant to Executive Order 13224 of September 23, 2001, Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism. The individual, MOHAMMED, Lokman Amin, was designated pursuant to Executive Order 13224 on December 5, 2005.
Additional Designation of an Entity Pursuant to Executive Order 13224
Document Number: E8-14838
Type: Notice
Date: 2008-07-01
Agency: Department of the Treasury, Office of Foreign Assets Control, Foreign Assets Control Office, Department of Treasury
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the name of one newly-designated entity whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.''
Unblocking of Entities Pursuant to Executive Order 13382
Document Number: E8-14835
Type: Notice
Date: 2008-07-01
Agency: Department of the Treasury, Office of Foreign Assets Control, Foreign Assets Control Office, Department of Treasury
The Treasury Department's Office of Foreign Assets Control (``OFAC'') is removing the names of two persons from the list of Specially Designated Nationals and Blocked Persons whose property and interests in property have been unblocked pursuant to Executive Order 13382 of June 28, 2005, ``Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters.'' The entities, China Great Wall Industry Corporation and G.W. Aerospace, Inc, were designated pursuant to Executive Order 13382 on June 13, 2006.
Departmental Offices; Debt Management Advisory Committee Meeting
Document Number: E8-14829
Type: Notice
Date: 2008-07-01
Agency: Department of the Treasury, Department of Treasury
Proposed Collection; Comment Request for Travel Service Provider and Carrier Service Provider Submission
Document Number: E8-14819
Type: Notice
Date: 2008-07-01
Agency: Department of the Treasury, Office of Foreign Assets Control, Foreign Assets Control Office, Department of Treasury
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Office of Foreign Assets Control (``OFAC'') within the Department of the Treasury is soliciting comments concerning OFAC's Travel Service Provider and Carrier Service Provider information collection.
Proposed Collection; Comment Request for Request for A Specific License to Visit An Immediate Family Member In Cuba
Document Number: E8-14816
Type: Notice
Date: 2008-07-01
Agency: Department of the Treasury, Office of Foreign Assets Control, Foreign Assets Control Office, Department of Treasury
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Office of Foreign Assets Control (``OFAC'') within the Department of the Treasury is soliciting comments concerning OFAC's ``Request for a Specific License to Visit an Immediate Family Member in Cuba who is a National of Cuba once in a three year period'' Application Form TD-F 90-22 60 and TD-F 90-22 60 (SP).
Prompt Payment Interest Rate; Contract Disputes Act
Document Number: E8-14769
Type: Notice
Date: 2008-07-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury
For the period beginning July 1, 2008, and ending on December 31, 2008, the prompt payment interest rate is 5\1/8\ per centum per annum.
E8-14520
Document Number: E8-14520
Type: Notice
Date: 2008-07-01
Agency: Fiscal Service, Public Debt Bureau, Department of Treasury, Department of the Treasury, Part III, Companies Holding Certificates of Authority As Acceptable Sureties On
Community Volunteer Income Tax Assistance (VITA) Matching Grant Program Availability of Application Packages
Document Number: E8-14231
Type: Notice
Date: 2008-07-01
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document provides notice of the availability of application packages for the 2009 Community Volunteer Income Tax Assistance (VITA) Matching Grant Program.
Alphabetical Listing of Blocked Persons, Specially Designated Nationals, Specially Designated Terrorists, Specially Designated Global Terrorists, Foreign Terrorist Organizations, and Specially Designated Narcotics Traffickers
Document Number: E8-14016
Type: Rule
Date: 2008-07-01
Agency: Department of the Treasury, Office of Foreign Assets Control, Foreign Assets Control Office, Department of Treasury
The Office of Foreign Assets Control (``OFAC'') of the Department of the Treasury is amending Appendix A to 31 CFR chapter V to (1) reflect the addition or removal from Appendix A, since it was last published, of the names of individuals and entities subject to the various economic sanctions programs administered by OFAC, and (2) provide updated identifying and clarifying information for certain individuals and entities included in the appendix. OFAC also is amending the notes to the appendices to 31 CFR chapter V to reflect the revisions to Appendix A and changes in the status of several programs.