Federal Register / Vol. 65, No. 98 / Friday, May 19, 2000 / Notices 31959

Estimated Burden Hours Per

Respondent/Recordkeeper: 30 minutes.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 25 hours.

OMB Number: 1545–1686.

Regulation Project Number: REG–

103736–00 NPRM and Temporary.

Type of Review: Extension.

Title: Requirement to Maintain List of

Investors in Potentially Abusive Tax

Shelters.

Description: The regulations provide

guidance on the requirement under

section 6112 to maintain a list of

investors in potentially abusive tax

shelters.

Respondents: Business or other forprofit.

Estimated Number of Recordkeepers:

50.

Estimated Burden Hours Per

Recordkeeper: 2 hours, 2 minutes.

Estimated Total Recordkeeping

Burden: 102 hours.

OMB Number: 1545–1687.

Regulation Project Number: REG–

110311–98 NPRM and Temporary.

Type of Review: Extension.

Title: Corporate Tax Shelter

Registration.

Description: The regulations provide

the guidance required to activate the

registration requirements of IRC § 6707

for confidential tax shelters described in

IRC § 6111(d).

Respondents: Business or other forprofit.

Estimated Number of Respondents: 4.

Estimated Burden Hours Per

Respondent: 15 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden: 1

hour.

Clearance Officer: Garrick Shear,

Internal Revenue Service, Room 5244,

1111 Constitution Avenue, NW,

Washington, DC 20224

OMB Reviewer: Alexander T. Hunt,

(202) 395–7860, Office of

Management and Budget, Room

10202, New Executive Office

Building, Washington, DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 00–12602 Filed 5–18–00; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

May 10, 2000.

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 1995,

Public Law 104–13. 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.

DATES: Written comments should be

received on or before June 19, 2000 to

be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0025.

Form Number: IRS Form 851.

Type of Review: Revision.

Title: Affiliations Schedule.

Description: Form 851 is filed by the

parent corporation for itself and the

affiliated corporations in the affiliated

group of corporations that files a

consolidated return (Form 1120). Form

851 is attached to Form 1120. This

information is used to identify the

members of the affiliated group, the tax

paid by each, and to determine that each

corporation qualifies as a member of the

affiliated group as defined in section

1504.

Respondents: Business or other forprofit, Farms.

Estimated Number of Respondents/

Recordkeepers: 4,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—10 hr., 46 min.

Learning about the law or the form—53

min.

Preparing and sending the form to the

IRS—1 hr., 7 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 51,040 hours.

OMB Number: 1545–0745.

Regulation Project Number: LR–27–83

Temporary and LR–54–85 Temporary.

Type of Review: Extension.

Title: Floor Stocks Credits or Refunds

and Consumer Credits or Refunds With

Respect to Certain Tax-Repealed

Articles; Excise Tax on Heavy Trucks

(LR–27–83); and Excise Tax on Heavy

Trucks, Truck Trailers and SemiTrailers, and Tractors; Reporting and

Recordkeeping Requirements (LR–54–

85).

Description: LR–27–83 requires sellers

of trucks, trailers and semi-trailers, and

tractors to maintain records of the gross

vehicle weights of articles sold to verify

taxability. LR–54–85 requires that if the

sale is to be treated as exempt, the seller

and the purchaser must be registered

and the purchaser must give the seller

a resale certificate.

Respondents: Business or other forprofit.

Estimated Number of Recordkeepers:

4,100.

Estimated Burden Hours Per

Recordkeeper: 1 hour, 1 minute.

Estimated Total Recordkeeping

Burden: 4,140 hours.

OMB Number: 1545–1021.

Form Number: IRS Form 8594.

Type of Review: Extension.

Title: Asset Acquisition Statement.

Description: Form 8594 is used by the

buyer and seller of assets to which

goodwill or going concern value can

attach to report the allocation of the

purchase price among the transferred

assets.

Respondents: Business or other forprofit, individuals or households.

Estimated Number of Respondents/

Recordkeepers: 20,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—8 hr., 51 min.

Learning about the law or the form—1

hr., 23 min.

Preparing and sending the form to the

IRS—1 hr., 35 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 236,600 hours.

OMB Number: 1545–1086.

Form Number: IRS Form 8725.

Type of Review: Extension.

Title: Excise Tax on Greenmail.

Description: Form 8725 is used by

persons who receive ‘‘greenmail’’ to

compute and pay the excise tax on

greenmail imposed under section 5881.

IRS uses the information to verify that

the correct amount of tax has been paid.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 12.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—5 hr., 30 min.

Learning about the law or the form—42

min.

Preparing and sending the form to the

IRS—49 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 84 hours.

Clearance Officer: Garrick Shear,

Internal Revenue Service, Room 5244,

1111 Constitution Avenue, NW,

Washington, DC 20224.

OMB Reviewer: Alexander T. Hunt

(202) 395–7860, Office of Management

and Budget, Room 10202, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports, Management Officer.

[FR Doc. 00–12603 Filed 5–18–00; 8:45 am]

BILLING CODE 4830–01–U