Federal Register / Vol. 74, No. 154 / Wednesday, August 12, 2009 / Notices 40643 

Service. The information on the form 

will be used by the Director of Practice 

to determine the qualifications and 

eligibility of applicants for enrollment. 

Form 23–EP is the application form for 

Enrolled Retirement Plan Agents 

(ERPA’s). 

Current Actions: There are no changes 

being made to the forms at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals and the 

Federal government. 

Estimated Number of Respondents: 

4,800. 

Estimated Time Per Respondent: 15 

minutes. 

Estimated Total Annual Burden 

Hours: 1,200. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Books or records relating to a collection 

of information must be retained as long 

as their contents may become material 

in the administration of any internal 

revenue law. Generally, tax returns and 

tax return information are confidential, 

as required by 26 U.S.C. 6103. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collection of 

information; (c) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; (d) ways to 

minimize the burden of the collection of 

information on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and (e) estimates of capital 

or start-up costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Approved: July 17, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–19263 Filed 8–11–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 1120–IC–DISC, 

Schedules K and P 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the IRS is 

soliciting comments concerning Form 

1120–IC–DISC, Interest Charge Domestic 

International Sales Corporation Return, 

Schedule K (Form 1120–IC–DISC), 

Shareholder’s Statement of IC–DISC 

Distributions, and Schedule P (Form 

1120–IC–DISC), Intercompany Transfer 

Price or Commission. 

DATES: Written comments should be 

received on or before October 13, 2009 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the form(s) and instructions 

should be directed to Allan Hopkins at 

Internal Revenue Service, room 6129, 

1111 Constitution Avenue NW., 

Washington, DC 20224, or at (202) 622– 

6665, or through the Internet at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Form 1120–IC–DISC, Interest 

Charge Domestic International Sales 

Corporation Return, Schedule K (Form 

1120–IC–DISC), Shareholder’s 

Statement of IC–DISC Distributions, and 

Schedule P (Form 1120–IC–DISC), 

Intercompany Transfer Price or 

Commission. 

OMB Number: 1545–0938. 

Form Numbers: 1120–IC–DISC, 

Schedules K and P. 

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 dealings with related 

suppliers. 

Current Actions: There are no changes 

being made to the forms at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations and individuals or 

households. 

Estimated Number of Respondents: 

1,200. 

Estimated Time per Respondent: 201 

hours, 57 minutes. 

Estimated Total Annual Burden 

Hours: 242,340. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid OMB control number. 

Books or records relating to a collection 

of information must be retained as long 

as their contents may become material 

in the administration of any internal 

revenue law. Generally, tax returns and 

tax return information are confidential, 

as required by 26 U.S.C. 6103. 

Request for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’s estimate 

of the burden of the collection of 

information; (c) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; (d) ways to 

minimize the burden of the collection of 

information on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and (e) estimates of capital 

or start-up costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Approved: July 31, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–19264 Filed 8–11–09; 8:45 am] 

BILLING CODE 4830–01–P 


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