[Federal Register Volume 59, Number 199 (Monday, October 17, 1994)] [Unknown Section] [Page 0] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 94-25619] [[Page Unknown]] [Federal Register: October 17, 1994] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Public Information Collection Requirements Submitted to OMB for Review October 11, 1994. The Department of Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1980, Public Law 96-511. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 2110, 1425 New York Avenue, NW., Washington, DC 20220. Internal Revenue Service (IRS) OMB Number: 1545-0794 Regulation ID Number: LR-311-81 Final (T.D. 7925) Type of Review: Extension Title: Penalties for Underpayment of Deposits and Overstated Deposit Claims, and Time of Filing Penalties Returns of Owners, Officers and Directors of Foreign Corporations Description: Section 6046 requires information returns with respect to certain foreign corporations and the regulations provide the date by which these returns must be filed. Section 6656 provides penalties with respect to failure to properly satisfy tax deposit obligations and the regulations provide the method for applying for relief from these penalties. Respondents: Individuals or households, Businesses or other for- profit, Small businesses or organizations Estimated Number of Respondents: 60,000 Estimated Burden Hours Per Respondent: 30 minutes Frequency of Response: On occasion Estimated Total Reporting Burden: 30,000 hours OMB Number: 1545-1100 Regulation ID Number: EE-84-89 Type of Review: Extension Title: Changes with Respect to Prizes and Awards and Employee Achievement Awards Description: This regulation requires recipients of prizes and awards to maintain records to determine whether a qualifying designation has been made. The affected public are prize and award recipients who seek to exclude the cost of a qualifying prize or award. Respondents: Individuals or households Estimated Number of Respondents: 1 Estimated Burden Hours Per Respondent: 1 hour Frequency of Response: On occasion Estimated Total Reporting Burden: 1 hour Clearance Officer: Garrick Shear, (202) 622-3869, Internal Revenue Service, Room 5571, 1111 Constitution Avenue, NW., Washington, DC 20224 OMB Reviewer: Milo Sunderhauf, (202) 395-7340, Office of Management and Budget, Room 10226, New Executive Office Building, Washington, DC 20503. Lois K. Holland, Departmental Reports Management Officer. [FR Doc. 94-25619 Filed 10-14-94; 8:45 am] BILLING CODE 4830-01-U