Federal Register / Vol. 62, No. 159 / Monday, August 18, 1997 / Notices 44035

SUPPLEMENTARY INFORMATION:

Title: Transfers of Stock or Securities

by U.S. Persons to Foreign Corporations,

and Foreign Liquidations and

Reorganizations.

OMB Number: 1545–1271.

Regulation Project Number: REG–

208165–91 (formerly INTL–54–91) and

REG–209035–86 (formerly INTL–178–

86).

Abstract: A United States entity must

generally file a gain recognition

agreement with the IRS in order to defer

gain on a Code section 367(a) transfer of

stock to a foreign corporation, and must

file a notice with the IRS if it realizes

any income in a Code section 367(b)

exchange. This regulation provides

guidance and reporting requirements

related to these transactions to ensure

compliance with the respective Code

sections.

Current Actions: There is no change to

this existing regulation.

Type of Review: Extension of a

currently approved collection.

Affected Public: Business or other forprofit organizations.

Estimated Number of Respondents:

600.

Estimated Time Per Respondent: 4

hours.

Estimated Total Annual Burden

Hours: 2,400.

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 12, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–21832 Filed 8–15–97; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

Submission for OMB Review;

Comment Request

August 12, 1997.

The Office of Thrift Supervision

(OTS) has submitted the following

public information collection

requirement(s) to OMB for review and

clearance under the Paperwork

Reduction Act of 1995, Pub. L. 104–13.

Copies of the submission(s) may be

obtained by calling the OTS Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the OTS Clearance Officer, Office

of Thrift Supervision, 1700 G Street,

NW, Washington, DC 20552.

Dates: Written comments should be

received on or before September 17,

1997 to be assured of consideration.

OMB Number: 1550–.

Form Number: OTS Form Number

1630.

Type of Review: Approval of a new

collection.

Title: Electronic Loan Data Request

Survey.

Description: OTS is introducing an

automated examination process. As part

of this, thrift institutions will be asked

to provide loan information to

examiners electronically. The survey

will provide feedback on the difficulty

and time required for preparation of the

loan information, cost, comparison with

the previous paper-based systems, and

whether it reduced the burden of the onsite examination process.

Respondents: Savings and Loan

Associations and Savings Banks.

Estimated Number of Respondents:

500.

Estimated Burden Hours Per

Respondent: .25 hours.

Frequency of Response: Once.

Estimated Total Reporting Burden:

125 hours.

Clearance Officer: Colleen M. Devine,

(202) 906–6025, Office of Thrift

Supervision, 1700 G Street, NW,

Washington, DC 20552.

OMB Reviewer: Alexander Hunt, (202)

395–7860, Office of Management and

Budget, Room 10226, New Executive

Office Building, Washington, DC 20503.

Catherine C. M. Teti,

Director, Records Management and

Information Policy.

[FR Doc. 97–21821 Filed 8–15–97; 8:45 am]

BILLING CODE 6720–01–P

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

[AC–26; OTS Nos. H–2051 and 05109]

First Missouri Financial, M.H.C., St.

Louis, Missouri; Approval of

Conversion Application

Notice is hereby given that on August

6, 1997, the Director, Corporate

Activities, Office of Thrift Supervision,

or her designee, acting pursuant to

delegated authority, approved the

application of First Missouri Financial,

M.H.C., St. Louis, Missouri, to convert

to the stock form of organization. Copies

of the application are available for

inspection at the Dissemination Branch,

Office of Thrift Supervision, 1700 G

Street, N.W., Washington, D.C. 20552,

and the Midwest Regional Office, Office

of Thrift Supervision, 122 W. John

Carpenter Freeway, Suite 600, Irving,

Texas 75039–2010.

Dated: August 13, 1997.

By the Office of Thrift Supervision,

Nadine Y. Washington,

Corporate Secretary.

[FR Doc. 97–21822 Filed 8–15–97; 8:45 am]

BILLING CODE 6720–01–M