Federal Register / Vol. 72, No. 95 / Thursday, May 17, 2007 / Notices 27899 

Internal Revenue Service (IRS) 

OMB Number: 1545–0959. 

Type of Review: Extension. 

Title: LR–213–76 (Final) Estate and 

Gift Taxes; Qualified Disclaimers of 

Property. 

Description: Section 2518 allows a 

person to disclaim an interest in 

property received by gift or inheritance. 

The interest is treated as if the 

disclaimant never received or 

transferred such interest for Federal gift 

tax purposes. A qualified disclaimer 

must be in writing and delivered to the 

transferor or trustee. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 1,000 

hours. 

OMB Number: 1545–0181. 

Type of Review: Revision. 

Title: Application for Extension of 

Time to File a Return and/or Pay U.S. 

Estate (and Generation-Skipping 

Transfer) Taxes. 

Form: 4768. 

Description: Form 4768 is used by 

estates to request an extension of time 

to file an estate (and GST) tax return 

and/or to pay the estate (and GST) taxes 

and to explain why the extension 

should be granted. IRS uses the 

information to decide whether the 

extension should be granted. 

Respondents: Businesses and other 

for-profit institutions. 

Estimated Total Burden Hours: 30,710 

hours. 

OMB Number: 1545–1668. 

Type of Review: Revision. 

Title: Return of U.S. Persons With 

Respect to Certain Foreign Partnerships. 

Form: 8865. 

Description: The Taxpayer Relief Act 

of 1997 significantly modified the 

information reporting requirements with 

respect to foreign partnerships. The Act 

made the following three changes (1) 

expanded section 6038B to require U.S. 

persons transferring property to foreign 

partnerships in certain transactions to 

report those transfers; (2) expanded 

section 6038 to require certain U.S. 

Partners of controlled foreign 

partnerships to report information about 

the partnerships; and (3) modified the 

reporting required under section 6046A 

with respect to acquisitions and 

dispositions of foreign partnership 

interests. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 

296,124 hours. 

OMB Number: 1545–1592. 

Type of Review: Extension. 

Title: Revenue Procedure 98–20, 

Certification for No Information 

Reporting on the Sale of a Principal 

Residence. 

Description: The revenue procedure 

applies only to the sale of a principal 

residence for $250,000 or less ($500,000 

or less if the seller is married). The 

revenue procedure provides the written 

assurances that are acceptable to the 

Service for exempting a real estate 

reporting person from information 

reporting requirements for the sale of a 

principal residence. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 

420,500 hours. 

OMB Number: 1545–1212. 

Type of Review: Extension. 

Title: U.S. Estate Tax Return for 

Qualified Domestic Trusts. 

Form: 706–QDT. 

Description: Form 706–QDT is used 

by the trustee or the designated filer to 

compute and report the Federal estate 

tax imposed on qualified domestic 

trusts by C section 2056A. IRS uses the 

information to enforce this tax and to 

verify that the tax has been properly 

computed. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 357 

hours. 

Clearance Officer: Glenn P. Kirkland, 

(202) 622–3428, Internal Revenue 

Service, Room 6516, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

OMB Reviewer: Alexander T. Hunt, 

(202) 395–7316, Office of Management 

and Budget, Room 10235, New 

Executive Office Building, Washington, 

DC 20503. 

Robert Dahl, 

Treasury PRA Clearance Officer. 

[FR Doc. E7–9514 Filed 5–16–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 2006–

XX 

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 

Revenue Procedure 2006–XX, Rotable 

Spare Parts Safe Harbor Method. 

DATES: Written comments should be 

received on or before July 16, 2007 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to Glenn P. Kirkland, Internal Revenue 

Service, room 6411, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of revenue procedures should be 

directed to Larnice Mack at Internal 

Revenue Service, room 6512, 1111 

Constitution Avenue, NW., Washington, 

DC 20224, or at (202)622–3179, or 

through the Internet at 

(Larnice.Mack@irs.gov). 

SUPPLEMENTARY INFORMATION: 

Title: Rotable Spare Parts Safe Harbor 

Method. 

OMB Number: 1545–2070. 

Revenue Procedure Number: Rev. 

Proc. 2006–XX. 

Abstract: The information for which 

the agency is requesting to collect will 

support a taxpayer’s claim for eligibility 

to use the safe harbor method of 

accounting for rotable spare parts 

provided in the proposed revenue 

procedures. The information will be 

submitted as a supporting schedule for 

the Form 3115, Application for Change 

in Accounting Method. 

Current Actions: There are no changes 

being made to the revenue procedures at 

this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

300. 

Estimated Time per Respondent: 15 

minutes. 

Estimated Total Annual Burden 

Hours: 75. 

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 


pwalker on PROD1PC71 with NOTICES
27900 Federal Register / Vol. 72, No. 95 / Thursday, May 17, 2007 / Notices 

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: May 3, 2007. 

Joseph R. Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E7–9532 Filed 5–16–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Open Meeting of the Earned Income 

Tax Credit Committee of the Taxpayer 

Advocacy Panel 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Amended notice. 

SUMMARY: An open meeting of the 

Earned Income Tax Credit Committee of 

the Taxpayer Advocacy Panel will be 

conducted at the Internal Revenue 

Service, 1750 Pennsylvania Avenue, 

Washington, DC 20006. The Committee 

will be discussing issues pertaining to 

the IRS administration of the Earned 

Income Tax Credit. 

DATES: The meeting will be held Friday, 

June 1, 2007, 9 a.m. to 4:30 p.m., and 

Saturday, June 2, 2007, from 9 a.m. to 

12 Noon ET. 

FOR FURTHER INFORMATION CONTACT: 

Audrey Y. Jenkins at 1–888–912–1227 

(toll-free), or 718–488–2085 (non tollfree). 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given pursuant to Section 

10(a)(2) of the Federal Advisory 

Committee Act, 5 U.S.C. App. (1988) 

that an open meeting of the Earned 

Income Tax Credit Committee of the 

Taxpayer Advocacy Panel will be held 

Friday, June 1, 2007, 9 a.m. to 4:30 p.m., 

and Saturday, June 2, 2007, from 9 a.m. 

to 12 p.m. ET, at 1750 Pennsylvania 

Avenue, Washington, DC 20006. The 

public is invited to make oral 

comments. Individual comments will be 

limited to 5 minutes. For information 

contact Audrey Y. Jenkins as noted 

above. Notification of intent to 

participate in the meeting must be made 

with Ms. Jenkins. If you would like a 

written statement to be considered, send 

written comments to Ms. Audrey Y. 

Jenkins, TAP Office, 10 MetroTech 

Center, 625 Fulton Street, Brooklyn, NY 

11201 or post your comments to the 

Web site: http://www.improveirs.org. 

The agenda will include the 

following: Various issues pertaining to 

the IRS administration of the Earned 

Income Tax Credit. 

Dated: May 10, 2007. 

John Fay, 

Acting Director, Taxpayer Advocacy Panel. 

[FR Doc. E7–9531 Filed 5–16–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Open Meeting of the Joint Committee 

of the Taxpayer Advocacy Panel 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice. 

SUMMARY: An open meeting of the Joint 

Committee of the Taxpayer Advocacy 

Panel will be conducted via 

teleconference. The Taxpayer Advocacy 

Panel is soliciting public comment, 

ideas, and suggestions on improving 

customer service at the Internal Revenue 

Service. 

DATES: The meeting will be held 

Wednesday, June 6, 2007, at 1 p.m., 

Eastern Time. 

FOR FURTHER INFORMATION CONTACT: 

Barbara Toy at 1–888–912–1227, or 

(414) 231–2360. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given pursuant to Section 

10(a)(2) of the Federal Advisory 

Committee Act, 5 U.S.C. App. (1988) 

that an open meeting of the Joint 

Committee of the Taxpayer Advocacy 

Panel (TAP) will be held Wednesday, 

June 6, 2007, at 1 p.m. Eastern Time via 

a telephone conference call. If you 

would like to have the Joint Committee 

of TAP consider a written statement, 

please call 1–888–912–1227 or (414) 

231–2360, or write Barbara Toy, TAP 

Office, MS–1006–MIL, PO Box 3205, 

Milwaukee, WI 53201–2105, or FAX to 

(414) 231–2363, or you can contact us 

at http://www.improveirs.org. Due to 

limited conference lines, notification of 

intent to participate in the telephone 

conference call meeting must be made 

with Barbara Toy. 

The agenda will include the 

following: Discussion of issues and 

responses brought to the Joint 

Committee, office report, and discussion 

of next meeting. 

Dated: May 10, 2007. 

John Fay, 

Acting Director, Taxpayer Advocacy Panel. 

[FR Doc. E7–9537 Filed 5–16–07; 8:45 am] 

BILLING CODE 4830–01–P 


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