[Federal Register Volume 60, Number 123 (Tuesday, June 27, 1995)]
[Notices]
[Pages 33255-33256]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-15738]
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DEPARTMENT OF THE TREASURY
Public Information Collection Requirements Submitted to OMB for
Review
June 19, 1995.
The Department of the 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: 1545-0409.
Form Number: IRS Forms 211 and 211(SP).
Type of Review: Revision.
Title: Application for Reward for Original Information (Form 211);
Solicitud de Recompensa por Informacion Original (Spanish Version)
(Form 211(SP).
Description: Forms 211 and 211(SP) are the official application
forms used by persons requesting rewards for submitting information
concerning alleged violations of the tax laws by other persons. Such
rewards are authorized by Internal Revenue Code (IRC) 7623. The data is
used to determine and pay rewards to those persons who voluntarily
submit information.
Respondents: Individuals or households.
Estimated Number of Respondents: 11,200.
Estimated Burden Hours Per Respondent: 15 minutes.
Frequency of Response: On occasion.
Estimated Total Reporting Burden: 2,800 hours.
OMB Number: 1545-0800.
Regulation ID Number: Reg. 601.601.
Type of Review: Extension.
Title: Rules and Regulations.
Description: Persons wishing to speak at a public hearing on a
proposed rule must submit written comments and an outline within
prescribed time limits, for use in preparing agendas and allocating
time. Persons interested in the issuance, amendment, or repeal of a
rule may submit a petition for this. IRS considers the petitions in its
deliberations.
Respondents: Business or other for-profit, Individuals or
households, Not-for-profit institutions, Farms, Federal Government,
State, Local or Tribal Government.
Estimated Number of Respondents: 600.
Estimated Burden Hours Per Respondent: 1 hour, 30 minutes.
Frequency of Response: On occasion.
Estimated Total Reporting Burden: 900 hours.
[[Page 33256]] OMB Number: 1545-0904.
Regulation ID Number: INTL-45-86 Final (T.D. 8125).
Type of Review: Extension.
Title: Foreign Management and Foreign Economic Processes
Requirements of Foreign Sales Corporation.
Description: The regulations provide rules for complying with
foreign management and foreign economic process requirements to enable
Foreign Sales Corporations to produce foreign trading gross receipts
and qualify for reduced tax rates. Rules are included for maintaining
records substantiate compliance. Affected public is limited to large
corporations that export goods or services.
Respondents: Business or other for-profit.
Estimated Number of Recordkeepers: 11,001.
Estimated Burden Hours Per Recordkeeper: 2 hours.
Frequency of Response: Other.
Estimated Total Recordkeeping Burden: 22,001 hours.
OMB Number: 1545-0982.
Regulation ID Number: LR-77-86 Temporary (T.D. 8124).
Type of Review: Extension.
Title: Certain Elections Under the Tax Reform Act of 1986.
Description: These regulations establish various elections with
respect to which immediate interim guidance on the time and manner of
making the election is necessary. These regulations enable taxpayers to
take advantage of the benefits of various Code provisions.
Respondents: Business or other for-profit, Individuals or
households, Not-for-profit institutions, Farms, State, Local or Tribal
Government.
Estimated Number of Respondents: 114,710.
Estimated Burden Hours Per Respondent: 15 minutes.
Frequency of Response: On occasion.
Estimated Total Reporting Burden: 28,678 hours.
OMB Number: 1545-1148.
Regulation ID Number: EE-113-90 Temporary and Final Regulations
(T.D. 8324).
Type of Review: Extension.
Title: Employee Business Expenses-Reporting and Withholding on
Employee Business Expense Reimbursements and Allowances.
Description: These temporary and final regulations provide rules
concerning the taxation of and reporting withholding on employee
business expense reimbursements and other expense allowance
arrangements.
Respondents: Business or other for-profit, Individuals or
households, Not-for-profit institutions, Farms, Federal Government,
State, Local or Tribal Government.
Estimated Number of Respondents: 1,419,456.
Estimated Burden Hours Per Respondent: 30 minutes.
Frequency of Response: Other.
Estimated Total Reporting Burden: 709,728 hours.
OMB Number: 1545-1317.
Regulation ID Number: INTL-79-91 Final.
Type of Review: Extension.
Title: Information Returns Required of United States Persons with
Respect to Certain Foreign Corporations.
Description: These regulations clarify certain requirements of
section 1.6035-1, 1.6038-2 and 1.6046-1 of the Income Tax Regulations
relating to Form 5471 and would affect controlled foreign corporations
and their United States shareholders.
Respondents: Business or other for-profit, Individuals or
households.
Estimated Number of Respondents: 1.
Estimated Burden Hours Per Respondent: 1 hour.
Frequency of Response: Annually.
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. 95-15738 Filed 6-26-95; 8:45 am]
BILLING CODE 4830-01-P