[Federal Register Volume 78, Number 40 (Thursday, February 28, 2013)]
[Notices]
[Pages 13758-13760]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-04631]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
February 25, 2013.
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.
DATES: Comments should be received on or before April 1, 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.
Internal Revenue Service (IRS)
OMB Number: 1545-0054.
Type of Review: Extension without change of a currently approved
collection.
Title: Ownership Certificate.
Form: 1000.
Abstract: Form 1000 is used by citizens, resident individuals,
fiduciaries, partnerships and nonresident partnerships in connection
with interest on bonds of a domestic, resident foreign, or nonresident
foreign corporation containing a tax-free covenant and issued before
January 1, 1934. IRS uses the information to verify that the correct
amount of tax was withheld.
Affected Public: Private Sector: Businesses and other for-profits.
Estimated Total Burden Hours: 5,040.
OMB Number: 1545-0098.
Type of Review: Extension without change of a currently approved
collection.
Title: Application for Tentative Refund.
Form: 1045.
Abstract: Form 1045 is used by individuals, estates, and trusts to
apply for a quick refund of taxes due to carryback of a new operating
loss, unused general business credit, or claim of right adjustment
under section 1341(b). The information obtained is used to determine
the validity of the application.
Affected Public: Individuals or Households.
Estimated Total Burden Hours: 515,114.
OMB Number: 1545-0160.
Type of Review: Extension without change of a currently approved
collection.
Title: Annual Information Return of Foreign Trust With a U.S.
Owner.
Form: 3520-A.
Abstract: Section 6048(b) requires that foreign trusts with at
least one U.S. beneficiary must file an annual information return on
Form 3520-A. The form is used to report the income and deductions of
the foreign trust and provide statements to the U.S. owners and
beneficiaries. IRS uses Form 3520-A to determine if the U.S. owner of
the trust has included the net income of the trust in its gross income.
Affected Public: Individuals or Households.
Estimated Total Burden Hours: 21,700.
OMB Number: 1545-0390.
Type of Review: Extension without change of a currently approved
collection.
Title: Application for Approval of Prototype or Employer Sponsored
Individual Retirement Arrangement (IRA).
Form: 5306.
Abstract: This application is used by employers who want to
establish an individual retirement account trust to be used by their
employees. The application is also used by persons who want to
establish approved prototype individual retirement accounts or
annuities. The data collected is used to determine if plans may be
approved.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 8,244.
OMB Number: 1545-0938.
Type of Review: Extension without change of a currently approved
collection.
Title: Interest Charge Domestic International Sales Corporation
Return.
Form: 1120-IC-DISC, Schedules K and P (1120-IC-DISC).
Abstract: U.S. Corporations that have elected to be an interest
charge domestic international sales corporation (IC-DISC) file Form
1120 IC-DISC to report their income and deductions. The IC-DISC is not
taxed, but IC-DISC shareholders are taxed on their share of IC- DISC
income. IRS uses Form 1120-IC-DISC to check the IC-DISC's computation
of income. Schedule K (Form 1120-IC-DISC) is used to report income to
shareholders; Schedule P (Form 1120-IC-DISC) is used by the IC-DISC to
report its dealing with related suppliers, etc.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 242,340.
OMB Number: 1545-1181.
Type of Review: Extension without change of a currently approved
collection.
Title: Required Payment or Refund Under Section 7519.
Form: 8752.
Abstract: Form 8752 is used to verify that partnerships and S
corporations that have made a section 444 election have correctly
reported the payment required under section 7519.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 565,920.
OMB Number: 1545-1593.
Type of Review: Extension without change of a currently approved
collection.
Title: U.S. Income Tax Return for Qualified Funeral Trusts.
Form: 1041-QFT.
Abstract: IRC section 685 allows the trustee of a qualified funeral
trust to
[[Page 13759]]
elect to report and pay the tax for the trust. Data is used to
determine that the trustee filed the proper return and paid the correct
tax.
Affected Public: Private Sector: Businesses or other for-profits.
Estimated Total Burden Hours: 270,150.
OMB Number: 1545-1680.
Type of Review: Extension without change of a currently approved
collection.
Title: United States Additional Estate Tax Return Under Code
Section 2057.
Form: 706-D.
Abstract: Form 706-D is used by individuals to compute and pay the
additional taxes due under Code section 2057. IRS uses the information
to determine that the taxes have been properly computed.
Affected Public: Individuals or Households.
Estimated Total Burden Hours: 530.
OMB Number: 1545-1693.
Type of Review: Extension without change of a currently approved
collection.
Title: Form 8871, Political Organization Notice of Section 527
Status; Form 8453-X, Political Organization Declaration for Electronic
Filing of Notice of Section 527 Status.
Form: 8871, 8453-X.
Abstract: Internal Revenue Code section 527, as amended by P.L.
106-230 and Public Law 107-276, requires certain political
organizations to provide information to the IRS regarding their name
and address, their purpose, and the names and addresses of their
officers, highly compensated employees, board of directors, and any
related entities (within the meaning of section 168(h)94). Forms 8871
and 8453-X are used for this purpose.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated Total Burden Hours: 35,195.
OMB Number: 1545-1695.
Type of Review: Extension without change of a currently approved
collection.
Title: Revenue Ruling 2000-33, Deferred Compensation Plans of State
and Local Governments and Tax-Exempt Organizations.
Abstract: This revenue ruling specifies the conditions the plan
sponsor should meet to automatically defer a certain percentage of its
employees' compensation into their accounts in an eligible deferred
compensation plan.
Affected Public: State, Local, and Tribal Governments.
Estimated Total Burden Hours: 500.
OMB Number: 1545-1842.
Type of Review: Extension without change of a currently approved
collection.
Title: Health Coverage Tax Credit Registration Form.
Form: 13441, 13441-EZ.
Abstract: Form 13441, Health Coverage Tax Credit Registration Form,
will be directly mailed to all individuals who are potentially eligible
for the HCTC. Potentially eligible individuals will use this form to
determine if they are eligible for the Health Coverage Tax Credit and
to register for the HCTC program. Participation in this program is
voluntary. This form will be submitted by the individual to the HCTC
program office in a postage-paid, return envelope.
Affected Public: Individuals or Households.
Estimated Total Burden Hours: 1,800.
OMB Number: 1545-2004.
Type of Review: Revision of a currently approved collection.
Title: Notice 2006-52--Deduction for Energy Efficient Commercial
Buildings.
Abstract: This notice sets forth a process that allows the owner of
energy efficient commercial building property to certify that the
property satisfies the requirements of Section 179D(c)(1) and (d). This
notice also provides a procedure whereby the developer of computer
software may certify to the Internal Revenue Service that the software
is acceptable for use in calculating energy and power consumption for
purposes of Section 179D of the Code.
Affected Public: Private Sector: Business or other for-profit;
Individuals or Households.
Estimated Total Burden Hours: 7,575.
OMB Number: 1545-2014.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 9452; Application of Separate Limitations to Dividends
From Noncontrolled Section 902 Corporations.
Abstract: The American Jobs Creation Act of 2004 amended the
foreign tax credit treatment of dividends from non-controlled section
902 corporations effective for post 2002 tax year and the GOZA
permitted taxpayers to elect to defer the effective date of these
amendments until post 2002 tax years. These regulations require a
taxpayer making the GOZA election to file a statement to such effect
with its next tax return, and they require certain shareholders wishing
to make tax elections on behalf of their controlled foreign
corporations or non-controlled section 902 corporations to execute a
joint consent (that is retained by one shareholder) and attach a
statement to the company's return.
Affected Public: Private Sector: Business or other for-profit.
Estimated Total Burden Hours: 25.
OMB Number: 1545-2017.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2006-46--Announcement of Rules to be included in
Final Regulations under Section 897(d) and (e) of the Internal Revenue
Code.
Abstract: This notice announces that the IRS and Treasury
Department will leave final regulations under section 897(d) and (e) of
the Internal Revenue Code that will revise the rules under Temp. Treas.
Reg. Sec. 1.897-5T, Notice 89-85, and Temp. Treas. Reg. Sec. 1.897-6T
to take into account statutory mergers and consolidations under foreign
or possessions law which may now qualify for non-recognition treatment
under section 368(a)(1)(A). The specific collections of information are
contained in Temp. Treas. Reg. Subsection 1.897-5T(c)(4)(II)(C) and
1.897-6T(b)(1). These reporting requirements notify the IRS of the
transfer and enable it to verify that the transferor qualified for non-
recognition and that the transferee will be subject to U.S. tax on a
subsequent disposition of the U.S. real property.
Affected Public: Private Sector: Business or other for-profit.
Estimated Total Burden Hours: 500.
OMB Number: 1545-2019.
Type of Review: Extension without change of a currently approved
collection.
Title: TD 9451--Guidance Necessary To Facilitate Business Election
Filing; Finalization of Controlled Group Qualification Rules (TD 9329).
Abstract: This document contains a final regulation that provides
guidance to taxpayers for determining which corporations are included
in a controlled group of corporations.
Affected Public: Private Sector: Business or other for-profit.
Estimated Total Burden Hours: 262,500.
OMB Number: 1545-2150.
Type of Review: Extension without change of a currently approved
collection.
Title: Notice 2009-58, Manufactures' Certification of Specified
Plug-in Electric Vehicles.
Abstract: The American Recovery and Reinvestment Act of 2009
provides, under Sec. 30 of the Internal Revenue Code, a credit for
certain new specified plug-in electric drive vehicles. This notice
provides procedures for a vehicle
[[Page 13760]]
manufacturer to certify to the IRS that a vehicle meets the statutory
requirements for the credit, and to certify the amount of the credit
available with respect to the motor vehicle. The notice also provides
guidance to taxpayers who purchase motor vehicles regarding the
conditions under which they may rely on the vehicle manufacturer's
certification.
Affected Public: Private Sector: Business or other for-profit.
Estimated Total Burden Hours: 250.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2013-04631 Filed 2-27-13; 8:45 am]
BILLING CODE 4830-01-P