55668 Federal Register / Vol. 62, No. 207 / Monday, October 27, 1997 / Notices

4407, HTSUS, is a general provision for

wood that has not been processed in any

way, other than provided for under that

heading. The Explanatory Notes to the

Harmonized Commodity Description

and Coding System (EN) to heading

4407, HTSUS, state in relevant part:

The products of this heading may be

planed (whether or not the angle formed by

two adjacent sides is slightly rounded during

the planing process), sanded, or end-jointed,

e.g. finger-jointed (see the General

Explanatory Note to this Chapter).

The EN continue to exclude from the

heading ‘‘builders’’ joinery and

carpentry’’ (heading 4418).

Heading 4418, HTSUS, provides for,

among other things, builders’ joinery

and carpentry of wood. The EN to

heading 4418 state, in part:

This heading applies to woodwork,

including that of wood marquetry or inlaid

wood, used in the construction of any kind

of building, etc., in the form of assembled

goods or as recognizable unassembled pieces

(e.g., prepared with tenons, mortises,

dovetails or other similar joints for

assembly), whether or not with their metal

fittings such as hinges, locks, etc.

The term ‘‘joinery’’ applies more

particularly to builders’’ fittings (such as

doors, windows, shutters, stairs, door or

window frames), whereas the term

‘‘carpentry’’ refers to woodwork (such as

beams, rafters and roof struts) used for

structural purposes or in scaffoldings, arch

supports, etc., and includes assembled

shuttering for concrete constructional work

* * *.

‘‘Carpentry’’ is defined as:

the art of shaping and assembling structural

woodwork. Webster’s Ninth New Collegiate

Dictionary, 1991

work which is performed by a craftsman in

cutting, framing, and joining pieces of timber

in the construction of ships, houses and other

structures of a similar character.

Architectural and Building Trades

Dictionary, 1974

On February 18, 1997, Customs issued

NY B81564 classifying drilled softwood

studs used for structural purposes in

heading 4418, HTSUS. Since the studs

were understood to be used for

structural purposes, the classification of

that merchandise in heading 4418,

HTSUS, was consistent with the

reference made to ‘‘carpentry’’ in both

the EN and a number of consulted

lexicographic sources.

We are inviting comments regarding

the role of the drilled holes and their

function, that is, do the holes limit the

use of drilled studs in construction

relative to undrilled studs, thus

warranting classification in heading

4418, HTSUS? Pending the comment

period and the review of comments

received in response to this notice no

further rulings will be issued by

Customs with respect to drilled

softwood lumber. Additionally, until

the resolution of this issue, we are

restricting the determination in NY

B81564 to the facts of that specific case,

and as such, there should be no reliance

by third parties on NY B81564 for

prospective or future importations of

drilled softwood lumber. Claims for

detrimental reliance under section

177.9, Customs Regulations (19 CFR

177.9), will not be entertained for

actions occurring on or after the date of

publication of this notice.

Comments

Consideration will be given to any

written comments timely submitted to

Customs. Comments submitted will be

available for public inspection in

accordance with the Freedom of

Information Act (5 U.S.C. 552), section

1.4, Treasury Department Regulations

(31 CFR 103.11(b)), on regular business

days between the hours of 9:00 a.m. and

4:30 p.m at the Office of Regulations

and Rulings, 1300 Pennsylvania

Avenue, N.W., Washington, D.C.

Samuel H. Banks,

Acting Commissioner of Customs.

Approved: September 24, 1997.

John P. Simpson,

Deputy Assistant Secretary of the Treasury.

[FR Doc. 97–28301 Filed 10–24–97; 8:45 am]

BILLING CODE 4820–02–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Revenue Procedure 97–47

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 97–47, Form 941

Electronic Filing (ELF) Program.

DATES: Written comments should be

received on or before December 26, 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 information collection

should be directed to Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5569, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Form 941 Electronic Filing

(ELF) Program.

OMB Number: 1545–1557.

Revenue Procedure Number: Revenue

Procedure 97–47.

Abstract: Revenue Procedure 97–47

sets forth the requirements of the Form

941 Electronic Filing (ELF) Program,

under which a taxpayer that is a

Reporting Agent may electronically file

Form 941, Employer’s Quarterly Federal

Tax Return.

Current Actions: There are no changes

being made to the revenue procedure at

this time.

Type of Review: Extension of a

currently approved collection.

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

institutions, and Federal, state, local or

tribal governments.

Estimated Number of Respondents:

200.

Estimated Time Per Respondent: 46

hours, 32 minutes.

Estimated Total Annual Burden

Hours: 9,305.

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
Federal Register / Vol. 62, No. 207 / Monday, October 27, 1997 / Notices 55669

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: October 21, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–28404 Filed 10–24–97; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

[LR–236–81]

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, LR–236–81 (TD

8251), Credit for Increasing Research

Activity (§ 1.41–8(d)).

DATES: Written comments should be

received on or before December 26, 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 information collection

should be directed to Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5569, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Credit for Increasing Research

Activity.

OMB Number: 1545–0732.

Regulation Project Number: LR–236–

81.

Abstract: This regulation provides

rules for the credit for increasing

research activities. Internal Revenue

Code section 4l(f) provides that

commonly controlled groups of

taxpayers shall compute the credit as if

they are a single taxpayer. The credit

allowed to a member of the group is a

portion of the group’s credit. Section

1.41–8(d) of the regulation permits a

corporation that is a member of more

than one group to designate which

controlled group they will be aggregated

with for purposes of Code section 4l(f).

Current Actions: There is no change to

this existing regulation.

Type of Review: Extension of a

currently approved collection.

Affected Public: Individuals and

business or other for-profit

organizations.

Estimated Number of Respondents:

250.

Estimated Time Per Respondent: 15

minutes.

Estimated Total Annual Burden

Hours: 63.

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: October 21, 1997.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 97–28405 Filed 10–24–97; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

[FI–59–91]

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, FI–59–91 (TD

8674), Debt Instruments With Original

Issue Discount; Contingent Payments;

Anti-Abuse Rule (§§ 1.1275–2, 1.1275–

3, 1.1275–4, and 1.1275–6).

DATES: Written comments should be

received on or before December 26, 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 information collection

should be directed to Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5569, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Debt Instruments With Original

Issue Discount; Contingent Payments;

Anti-Abuse Rule.

OMB Number: 1545–1450.

Regulation Project Number: FI–59–91.

Abstract: This regulation relates to the

tax treatment of debt instruments that

provide for one or more contingent

payments. The regulation also treats a

debt instrument and a related hedge as

an integrated transaction. The regulation

provides general rules, definitions, and

reporting and recordkeeping

requirements for contingent payment

debt instruments and for integrated debt

instruments.

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, individuals, and

state, local, or tribal governments.