[Federal Register Volume 60, Number 135 (Friday, July 14, 1995)] [Notices] [Pages 36329-36330] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 95-17321] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Public Information Collection Requirements Submitted to OMB for Review July 6, 1995. 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. [[Page 36330]] Internal Revenue Service (IRS) OMB Number: 1545-0016 Form Number: IRS Form 706-A Type of Review: Extension Title: United States Additional Estate Tax Return Description: Form 706-A is used by individuals to compute and pay the additional estate taxes due under Code section 2032A(c). IRS uses the information to determine that the taxes have been properly computed. The form is also used for the basis election of section 1016(c)(1). Respondents: Individuals or households Estimated Number of Respondents/Recordkeepers: 180 Estimated Burden Hours Per Respondent/Recordkeeper: Recordkeeping--3 hr., 17 min. Learning about the law or the form--2 hr., 13 min. Preparing the form--1 hr., 46 min. Copying, assembling, and sending the form to the IRS--1 hr., 3 min. Frequency of Response: On occasion. Estimated Total Reporting/Recordkeeping Burden: 1,499 hours. OMB Number: 1545-0021 Form Number: IRS Form 709-A Type of Review: Extension Title: United States Short Form Gift Tax Return. Description: Form 709-A is used to report gifts that would be taxable except that they are ``split'' between husband and wife. The form is a simplified version of Form 709, designed to relieve these gift/ taxpayers of the burden of filing Form 709. IRS uses the information to assure that ``gift-splitting'' was properly elected. Respondents: Individuals or households Estimated Number of Respondents/Recordkeepers: 45,000 Estimated Burden Hours Per Respondent/Recordkeeper: Recordkeeping--13 min. Learning about the law or the form--11 min. Preparing the form--14 min. Copying, assembling, and sending to the form to the IRS--20 min. Frequency of Response: Annually. Estimated Total Reporting/Recordkeeping Burden: 43,650 hours. OMB Number: 1545-0795 Form Number: IRS Form 8233 Type of Review: Extension Title: Exemption From Withholding on Compensation for Independent Personal Services of a Nonresident Alien Individual. Description: Compensation paid to nonresident alien (NRA) for independent personal service (i.e., as independent contractors) is generally subject to the 30% withholding or graduated rates. However, such compensation may be exempt from withholding because of a U.S. tax treaty or personal exemption amount. Form 8233 is used to request the exemption. A withholding agent reviews the form and accepts it or not and forwards the form to IRS if the agent accepted it. Respondents: Business or other for-profit, Individuals or households Estimated Number of Respondents/Recordkeepers: 6,800 Estimated Burden Hours Per Respondent/Recordkeeper: Recordkeeping--26 min. Learning about the law or the form--12 min. Preparing and sending the form to the IRS--41 min. Frequency of Response: Annually Estimated Total Reporting/Recordkeeping Burden: 9,044 hours OMB Number: 1545-1072 Regulation ID Number: INTL-952-86 Final Type of Review: Extension Title: Allocation and Apportionment of Interest Expense Description: The regulations provide rules concerning the allocation and apportionment of expenses to foreign source income for purposes of the foreign tax credit and other provisions Respondents: Individuals or households, Business or other for-profit Estimated Number of Respondents: 15,000 Estimated Burden Hours Per Respondent: 6 minutes Frequency of Response: On occasion Estimated Total Reporting Burden: 3,750 hours 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. 95-17321 Filed 7-13-95; 8:45 am] BILLING CODE 4830-01-P