4378 Federal Register / Vol. 62, No. 19 / Wednesday, January 29, 1997 / Notices

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

8281, Information Return for Publicly

Offered Original Issue Discount

Instruments.

DATES: Written comments should be

received on or before March 31, 1997 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5571, 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 Martha R. Brinson,

(202) 622–3869, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Information Return for Publicly

Offered Original Issue Discount

Instruments.

OMB Number: 1545–0887.

Form Number: Form 8281.

Abstract: Internal Revenue Code

section 1275(c)(2) requires the

furnishing of certain information to the

IRS by issuers of publicly offered debt

instruments having original issue

discount. Regulations section 1.1275–3

prescribes that Form 8281 shall be used

for this purpose. The information on

Form 8281 is used to update Publication

1212, List of Original Issue Discount

Instruments.

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.

Estimated Number of Respondents:

500.

Estimated Time Per Respondent: 5 hr.,

57 min.

Estimated Total Annual Burden

Hours: 2,975.

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: January 22, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–2073 Filed 1–28–97; 8:45 am]

BILLING CODE 4830–01–U

[INTL–485–89]

Proposed Collection; Comment

Request for Regulation Project

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 an

existing final regulation, INTL–485–89

(TD 8400), Taxation of Gain or Loss

from Certain Nonfunctional Currency

Transactions (Section 988 Transactions)

(§§ 1.988–0 through 1.988–5).

DATES: Written comments should be

received on or before March 31, 1997 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5571, 1111 Constitution

Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the regulation should be

directed to Carol Savage, (202) 622–

3945, Internal Revenue Service, room

5569, 1111 Constitution Avenue NW.,

Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Taxation of Gain or Loss from

Certain Nonfunctional Currency

Transactions (Section 988 Transactions).

OMB Number: 1545–1131.

Regulation Project Number: INTL–

485–89.

Abstract: Internal Revenue Code

sections 988(c)(1) (D) and (E) allow

taxpayers to make elections concerning

the taxation of exchange gain or loss on

certain foreign currency denominated

transactions. In addition, Code sections

988(a)(1)(B) and 988(d) require

taxpayers to identify transactions which

generate capital gain or loss or which

are hedges of other transactions. This

regulation provides guidance on making

the elections and complying with the

identification rules.

Current Actions: There is no change to

this existing regulation.

Type of Review: Extension of OMB

approval.

Affected Public: Individuals or

households and business or other forprofit organizations.

Estimated Number of Respondents:

5,000.

Estimated Time Per Respondent: 40

minutes.

Estimated Total Annual Burden

Hours: 3,333.

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
Federal Register / Vol. 62, No. 19 / Wednesday, January 29, 1997 / Notices 4379

1A copy of this list may be obtained by

contacting Ms. Carol B. Epstein, Assistant General

Counsel, at 202/619–6981, and the address is Room

700, U.S. Information Agency, 301 Fourth Street,

S.W., Washington, D.C. 20547–0001.

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: January 22, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–2074 Filed 1–28–97; 8:45 am]

BILLING CODE 4830–01–U

Proposed Collection; Comment

Request for Form 2163(c)

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

2163(c), Employment—Reference

Inquiry.

DATES: Written comments should be

received on or before March 31, 1997 to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5571, 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 Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5569, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Employment—Reference

Inquiry.

OMB Number: 1545–0274.

Form Number: Form 2163(c).

Abstract: Form 2163(c) is used by the

Internal Revenue Service to verify past

employment history and to question

listed and developed references as to the

character and integrity of current and

potential Internal Revenue Service

employees. The information received is

incorporated into a report on which a

security determination is based.

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: Individuals or

households, business or other for-profit

organizations, non-profit institutions,

farms, Federal government, and state,

local or tribal governments.

Estimated Number of Respondents:

20,000.

Estimated Time Per Respondent: 12

minutes.

Estimated Total Annual Burden

Hours: 4,000.

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: January 21, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–2075 Filed 1–28–97; 8:45 am]

BILLING CODE 4830–01–U

UNITED STATES INFORMATION

AGENCY

Culturally Significant Objects Imported

for Exhibition Determinations

Notice is hereby given of the

following determinations: Pursuant to

the authority vested in me by the Act of

October 19, 1965 (79 Stat. 985, 22 U.S.C.

2459), Executive Order 12047 of March

27, 1978 (43 F.R. 13359, March 29,

1978), and Delegation Order No. 85–5 of

June 27, 1985 (50 F.R. 27393, July 2,

1985), I hereby determine that the

objects to be included in the exhibit,

‘‘The Glory of Byzantium’’ (See list 1 ),

imported from abroad for the temporary

exhibition without profit within the

United States are of cultural

significance. These objects are imported

pursuant to a loan agreement with the

foreign lenders. I also determine that the

exhibition or display of the listed

exhibit objects at the Metropolitan

Museum of Art in New York, New York,

from on or about March 3, 1997 to on

or about July 6, 1997, is in the national

interest. Public Notice of these

determinations is ordered to be

published in the Federal Register. Dated: January 23, 1997.

Les Jin,

General Counsel.

[FR Doc. 97–2235 Filed 1–28–97; 8:45 am]

BILLING CODE 8230–01–M

DEPARTMENT OF VETERANS

AFFAIRS

Advisory Committee on Minority

Veterans, Notice of Meeting

The Department of Veterans Affairs

(VA), in accordance with Public Law

103–446, gives notice that a meeting of

the Advisory Committee on Minority

Veterans will be held Thursday, January

30, 1997, in Washington, DC. The

purpose of the Advisory Committee on

Minority Veterans is to advise the

Secretary of Veterans Affairs on the

administration of VA benefits and

services for minority veterans and to

assess the needs of minority veterans

and evaluate whether VA compensation,

medical and rehabilitation services,

outreach, and other programs are

meeting those needs. The Committee

will make recommendations to the

Secretary regarding such activities.

The Committee meeting will be

conducted via telephone conference

call. Several members of the Committee

will convene in Room 700, VA Central

Office (VACO) Building, 810 Vermont

Avenue, NW, Washington, DC, from

2:00 p.m. to 4:00 p.m. The Committee

will review activities and

accomplishments of subcommittees

since the last meeting in November