[Federal Register Volume 78, Number 32 (Friday, February 15, 2013)]
[Notices]
[Pages 11272-11273]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-03563]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

February 12, 2013.

DATES: Comments should be received on or before March 18, 2013 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestion for reducing 
the burden, to (1) Office of Information and Regulatory Affairs, Office 
of Management and Budget, Attention: Desk Officer for Treasury, New 
Executive Office Building, Room 10235, Washington, DC 20503, or email 
at [email protected] and (2) Treasury PRA Clearance Officer, 
1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, or email 
at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be 
obtained by calling (202) 927-5331, email at [email protected], or the 
entire information collection request maybe found at www.reginfo.gov.
    The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

[[Page 11273]]

Internal Revenue Service (IRS)

    OMB Number: 1545-0984.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Low-Income Housing Credit.
    Form: 8586.
    Abstract: The Tax Reform Act of 1986 (Code section 42) permits 
owners of residential rental projects providing low-income housing to 
claim a credit against income tax for part of the cost of constructing 
or rehabilitating such low-income housing. Form 8586 is used by 
taxpayers to compute the credit and by IRS to verify that the correct 
credit has been claimed.
    Affected Public: Private Sector: Businesses and other for-profits.
    Estimated Total Burden Hours: 68,517.
    OMB Number: 1545-1440.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: TD 8611--Conduit Arrangements Regulations--Final (INTL-64-
93).
    Abstract: This document contains regulations relating to when the 
area director may recharacterize a financing arrangement as a conduit 
arrangement. Such recharacterization will affect the amount of 
withholding tax due on financing transactions that are part of the 
financing arrangement. These regulations will affect withholding agents 
and foreign investors.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 10,000.
    OMB Number: 1545-1846.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Revenue Procedure 2003-48, Update of Checklist Questionnaire 
Regarding Requests for Spin-Off Rulings.
    Abstract: This revenue procedure updates Rev. Proc. 96-30, which 
sets forth in a checklist questionnaire the information that must be 
included in a request for ruling under section 355. This revenue 
procedure updates information that taxpayers must provide in order to 
receive letter rulings under section 355. This information is required 
to determine whether a taxpayer would qualify for non-recognition 
treatment.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 36,000.
    OMB Number: 1545-1276.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: TD 8458--Real Estate Mortgage Investment Conduits (FI-88-
86).
    Abstract: Section 860E(e) imposes an excise tax on the transfer of 
a residual interest in a REMIC to a disqualified party. The tax must be 
paid by the transferor of a pass-thru entity of which the disqualified 
party is an interest holder.
    Affected Public: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 525.
    OMB Number: 1545-2018.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Revenue Procedure 2006-31, Revocation of Election filed 
under I.R.C. 83(b).
    Abstract: This revenue procedure sets forth the procedures to be 
followed by individuals who wish to request permission to revoke the 
election they made under section 83(b).
    Affected Public: Individuals or Households.
    Estimated Total Burden Hours: 400.
    OMB Number: 1545-2166.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Application for Group or Pooled Trust Ruling.
    Form: 5316.
    Abstract: Group/pooled trust sponsors file this form to request a 
determination letter from the IRS for a determination that the trust is 
a group trust arrangement as described in Rev. Rul. 81-100, 1981-1 C.B. 
326 as modified and clarified by Rev. Rul. 2004-67, 2004-28 I.R.B.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Total Burden Hours: 3,800.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2013-03563 Filed 2-14-13; 8:45 am]
BILLING CODE 4830-01-P