14458 Federal Register / Vol. 76, No. 51 / Wednesday, March 16, 2011 / Notices 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

March 10, 2011. 

The Department of the Treasury will 

submit the following public information 

collection requirements to OMB for 

review and clearance under the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 on or after the date 

of publication of this notice. A copy of 

the submissions may be obtained by 

calling the Treasury Bureau Clearance 

Officer listed. Comments regarding 

these information collections should be 

addressed to the OMB reviewer listed 

and to the Treasury PRA Clearance 

Officer, Department of the Treasury, 

1750 Pennsylvania Avenue, NW., Suite 

11010, Washington, DC 20220. 

DATES: Written comments should be 

received on or before April 15, 2011 to 

be assured of consideration. 

Alcohol and Tobacco Tax and Trade 

Bureau (TTB) 

OMB Number: 1513–0044. 

Type of Review: Revision of a 

currently approved collection. 

Title: Notice of Change in Status of 

Plant. 

Abstract: The notice is necessary to 

show the use of the distilled spirits 

plant (DSP) premises for other activities 

or by alternating proprietors. It 

describes proprietor’s use of plant 

premises and other information to show 

that the change in plant status is in 

conformity with laws and regulations. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 500 

hours. 

OMB Number: 1513–0050. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: Tax Deferral Bond—Distilled 

Spirits (Puerto Rico). 

Form: TTB F 5110.50. 

Abstract: TTB F 5110.50 is the bond 

to secure payment of excise taxes on 

distilled spirits shipped from Puerto 

Rico to the U.S. on deferral of the tax. 

The form identifies the principal, the 

surety, purpose of bond, and allocation 

of the penal sum among the principal’s 

locations. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 10 

hours. 

Clearance Officer: Gerald Isenberg, 

Alcohol and Tobacco Tax and Trade 

Bureau, Room 200 East, 1310 G. Street, 

NW., Washington, DC 20005; (202) 453– 

2097. 

OMB Reviewer: Shagufta Ahmed, 

Office of Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503; (202) 395–7873. 

Dawn D. Wolfgang, 

Treasury PRA Clearance Officer. 

[FR Doc. 2011–6115 Filed 3–15–11; 8:45 am] 

BILLING CODE 4810–31–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

March 10, 2011. 

The Department of the Treasury will 

submit the following public information 

collection requirements to OMB for 

review and clearance under the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 on or after the date 

of publication of this notice. A copy of 

the submissions may be obtained by 

calling the Treasury Bureau Clearance 

Officer listed. Comments regarding 

these information collections should be 

addressed to the OMB reviewer listed 

and to the Treasury PRA Clearance 

Officer, Department of the Treasury, 

1750 Pennsylvania Avenue, NW., Suite 

11010, Washington, DC 20220. 

DATES: Written comments should be 

received on or before April 15, 2011 to 

be assured of consideration. 

Internal Revenue Service (IRS) 

OMB Number: 1545–0200. 

Type of Review: Revision of a 

currently approved collection. 

Title: Application for Determination 

for Adopters of Master or Prototype or 

Volume Submitter Plans. 

Form: 5307. 

Abstract: This form is filed by 

employers or plan administrators who 

have adopted a prototype plan approved 

by the IRS National Office or a regional 

prototype plan approved by the IRS 

District Director to obtain a ruling that 

the plan adopted is qualified under IRC 

sections 401(a) and 501(a). It may not be 

used to request a letter for a multiple 

employer plan. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 

5,139,000 hours. 

OMB Number: 1545–1083. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: INTL–399–88 (TD 8483) 

Treatment of Dual Consolidated Losses. 

Abstract: Section 1503(d) denies use 

of the losses of one domestic 

corporation by another affiliated 

domestic corporation where the loss 

corporation is also subject to the income 

tax of another country. The regulation 

allows an affiliate to make use of the 

loss if the loss has not been used in the 

foreign group, to take the loss into 

income upon future use of the loss in 

the foreign country. The regulation also 

requires separate accounting for a dual 

consolidated loss where the dual 

resident corporation files a consolidated 

return. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 1,620 

hours. 

OMB Number: 1545–1384. 

Type of Review: Revision of a 

currently approved collection. 

Title: Taxpayer Statement Regarding 

Refund. 

Form: 3911. 

Abstract: If taxpayer inquires about 

their non-receipt of refund (or lost or 

stolen refund) and the refund has been 

issued, the information and taxpayer 

signature are needed to begin tracing 

action. 

Respondents: Individuals or 

Households. 

Estimated Total Burden Hours: 1,660 

hours. 

OMB Number: 1545–1394. 

Type of Review: Revision of a 

currently approved collection. 

Title: U.S. Income Tax Return for 

Settlement Funds (Under Section 468B). 

Form: 1120–SF. 

Abstract: Form 1120–SF is used by 

settlement funds to report income and 

taxes on earnings of the fund. The fund 

may be established by court order, a 

breach of contract, a violation of law, an 

arbitration panel, or the Environmental 

Protection Agency. The IRS uses Form 

1120–SF to determine if income and 

taxes are correctly computed. 

Respondents: Private Sector: Business 

or other for-profits. 

Estimated Total Burden Hours: 26,310 

hours. 

OMB Number: 1545–1423. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: PS–106–91, (TD 8563) State 

Housing Credit Ceiling and other Rules 

Relating to the Low-Income Housing 

Credit. 

Abstract: This document contains 

final regulations concerning the lowincome housing credit under section 42 

of the Internal Revenue Code. The 

regulations provide rules relating to the 

order in which housing credit dollar 

amounts are allocated from each State’s 

housing credit ceiling under section 

42(h)(3)(C) and the determination of 

which States qualify to receive credit 


jlentini on DSKJ8SOYB1PROD with NOTICES
Federal Register / Vol. 76, No. 51 / Wednesday, March 16, 2011 / Notices 14459 

from a national pool of credit under 

section 42(h)(3)(D). The regulations 

affect State and local housing credit 

agencies and taxpayers receiving credit 

allocations, and provide them guidance 

for complying with section 42. The final 

regulations also amend § 1.42–5 to 

provide a cross reference to section 

42(g)(8)(B). 

Respondents: Private Sector: Business 

or other for-profits. 

Estimated Total Burden Hours: 275 

hours. 

OMB Number: 1545–1471. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: REG–209626–93 (TD 8796) 

Notice, Consent, and Election 

Requirements under Sections 411(a)(11) 

and 417. 

Abstract: Regulation section 1.411(a)- 

11(c) provides that a participant’s 

consent to a distribution under code 

section 411(a)(11) is not valid unless the 

participant receives a notice of his or 

her rights under the plan no more than 

90 and no less than 30 days prior to the 

annuity starting date. Regulation section 

1.417(e)-1 sets forth the same 90/30-day 

time period for providing the notice 

explaining the qualified joint and 

survivor annuity and waiver rights 

under Code section 417(a)(3). 

Respondents: Private Sector: Business 

or other for-profits. 

Estimated Total Burden Hours: 8,333 

hours. 

OMB Number: 1545–1476. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: INTL–3–95 (TD 8687) Source of 

Income from Sales of Inventory and 

Natural Resources Produced in One 

Jurisdiction and Sold in Another 

Jurisdiction. 

Abstract: The information requested 

is necessary for the Service to audit 

taxpayers’ returns to ensure taxpayers 

have properly determined the source of 

income from sales of inventory 

produced in one country and sold in 

another. 

Respondents: Private Sector: Business 

or other for-profits. 

Estimated Total Burden Hours: 1,125 

hours. 

OMB Number: 1545–1637. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: REG–106177–98(TD 8845) 

Adequate Disclosure of Gifts. 

Abstract: The information requested 

in regulation section 301.6501(c)-1(f) (2) 

that must be provided on a gift tax 

return is necessary to give the IRS a 

complete and accurate description of 

the transfer in order to begin the 

running of the statute of limitations on 

the gift. Prior to the expiration of the 

statute of limitations, a gift tax may be 

assessed and the value may be adjusted 

in order to determine the value of prior 

taxable gifts for estate and gift tax 

purposes. 

Respondents: Individuals or 

Households. 

Estimated Total Burden Hours: 1 

hour. 

OMB Number: 1545–1925. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: REG–125628–01 (TD 9243) 

Revision of Income Tax Regulations 

under Sections 358, 367, 884, and 

6038B Dealing with Statutory Mergers 

or Consolidations Under Section 

368(a)(1)(A) involving One or More 

Foreign Corporations, and Guidance 

Necessary To Facilitate Business 

Electronic Filing Under Section 6038B. 

Abstract: The regulations provide 

rules regarding the merger or 

consolidation of domestic or foreign 

corporations. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 50 

hours. 

OMB Number: 1545–2095. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: REG–139236–07—Measurement 

of Assets and Liabilities for Pension 

Funding Purposes. 

Abstract: These final regulations 

under sections 430(d), 430(g), 430(h)(2), 

and 430(i) provide guidance on the 

determination of benefit liabilities and 

the valuation of plan assets for purposes 

of the funding requirements that apply 

to single employer defined benefit plans 

pursuant to changes made by the 

Pension Protection Act of 2006. In order 

to implement the statutory provisions 

under section 430(h)(2), the regulations 

provide for the sponsor of a defined 

benefit plan to make any of several 

elections related to the interest rate used 

for minimum funding purposes and 

require written notification of any such 

election to be provided to the plan’s 

enrolled actuary. These final regulations 

provide for the sponsor of a defined 

benefit pension plan to make any of 

several elections. 

Respondents: Private Sector: 

Businesses or other for-profits, Not-forprofit institutions. 

Estimated Total Burden Hours: 54,000 

hours. 

OMB Number: 1545–2190. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: IRS Paid Preparer Tax 

Identification Number (PTIN) 

Application. 

Form: W–12. 

Abstract: Paid tax return preparers 

will be required to get a preparer tax 

identification number (PTIN), and to 

pay the fee required with the 

application. A third party will 

administer the PTIN application 

process. Most applications will be filled 

out on-line. Form W–12 is being 

developed to replace Form W–7P. Form 

W–12 will be used to collect the 

information the new regulations require 

and to collect the information the third 

party needs to administer the PTIN 

application process. 

Respondents: Individuals or 

Households. 

Estimated Total Burden Hours: 

1,464,000 hours. 

OMB Number: 1545–2192. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Title: Report of Branded Prescription 

Drug Information. 

Form: 8947. 

Abstract: Per Section 9008 of the 

Patient Protection and Affordable Care 

Act (ACA), Public Law 111–148 (124 

Stat. 119 (2010)), Form 8947 is used to 

report controlled group status and 

information on orphan drug credits 

allowed for covered pharmaceutical 

manufacturers and importers. 

Respondents: Private Sector: 

Businesses or other for-profits. 

Estimated Total Burden Hours: 3,680 

hours. 

Bureau Clearance Officer: Yvette 

Lawrence, Internal Revenue Service, 

1111 Constitution Avenue, NW., 

Washington, DC 20224; (202) 927–4374. 

OMB Reviewer: Shagufta Ahmed, 

Office of Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503; (202) 395–7873. 

Dawn D. Wolfgang, 

Treasury PRA Clearance Officer. 

[FR Doc. 2011–6113 Filed 3–15–11; 8:45 am] 

BILLING CODE 4830–01–P 


jlentini on DSKJ8SOYB1PROD with NOTICES