Federal Register / Vol. 76, No. 154 / Wednesday, August 10, 2011 / Notices 49539 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Forms 3921 and 3922 

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 

3921, Exercise of an Incentive Stock 

Option Under Section 422(b), and Form 

3922, Transfer of Stock Acquired 

Through an Employee Stock Purchase 

Plan Under Section 423(c). 

DATES: Written comments should be 

received on or before October 11, 2011 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Yvette Lawrence, 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 and instructions 

should be directed to Allan Hopkins, 

(202) 622–6665, at Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Form 3921, Exercise of an 

Incentive Stock Option Under Section 

422(b). Form 3922, Transfer of Stock 

Acquired Through an Employee Stock 

Purchase Plan Under Section 423(c). 

OMB Number: 1545–2129. 

Form Number: 3921 and 3922. 

Abstract: Form 3921 is a copy of the 

information return filed with the 

Internal Revenue Service by the 

corporation which transferred shares of 

stock to a recipient. Form 3922 is used 

by the corporation to record a transfer 

of the legal title of a share of stock 

acquired by the employee where the 

stock was acquired pursuant to the 

exercise of an option described in 

section 423(c). These forms are required 

to be filed for stock transfers occurring 

after 2008. 

Current Actions: One line item was 

added. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals and 

Households, Businesses and other forprofit organizations. 

Estimated Number of Respondents: 

51,000. 

Estimated Time per Respondent: 30 

minutes. 

Estimated Total Annual Burden 

Hours: 25,205. 

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: August 2, 2011. 

Yvette Lawrence, 

IRS Reports Clearance Officer. 

[FR Doc. 2011–20223 Filed 8–9–11; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 637 

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 

637, Application for Registration (For 

Certain Excise Tax Activities). 

DATES: Written comments should be 

received on or before October 11, 2011 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Yvette Lawrence, 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 and instructions 

should be directed to Allan Hopkins, at 

(202) 622–6665, or at Internal Revenue 

Service, Room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Application for Registration (For 

Certain Excise Tax Activities). 

OMB Number: 1545–0014. 

Form Number: Form 637. 

Abstract: Form 637 is used to apply 

for excise tax registration. The 

registration applies to a person required 

to be registered under Revenue code 

section 4101 for purposes of the federal 

excise tax on taxable fuel imposed 

under Code sections 4041 and 4071; and 

to certain manufacturers or sellers and 

purchasers that must register under 

Code section 4222 to be exempt from 

the excise tax on taxable articles. The 

data is used to determine if the 

applicant qualifies for the exemption. 

Taxable fuel producers are required by 

Code section 4101 to register with the 

Service before incurring any tax 

liability. 

Current Actions: There are no changes 

being made to the form at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations, and not-for-profit 

institutions, and farms. 

Estimated Number of Respondents: 

2,000. 

Estimated Time per Respondent: 13 

hr., 31 min. 

Estimated Total Annual Burden 

Hours: 27,020 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 


emcdonald on DSK2BSOYB1PROD with NOTICES
49540 Federal Register / Vol. 76, No. 154 / Wednesday, August 10, 2011 / Notices 

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: August 2, 2011. 

Yvette Lawrence, 

IRS Reports Clearance Officer. 

[FR Doc. 2011–20221 Filed 8–9–11; 8:45 am] 

BILLING CODE 4830–01–P 


emcdonald on DSK2BSOYB1PROD with NOTICES