75818 Federal Register / Vol. 65, No. 233 / Monday, December 4, 2000 / Notices

SUPPLEMENTARY INFORMATION:

Title: Notice to Shareholder of

Undistributed Long-Term Capital Gains.

OMB Number: 1545–0145.

Form Number: Form 2439.

Abstract: Form 2439 is used by

regulated investment companies (RICs)

and real estate investment trusts (REITs)

to report undistributed capital gains and

the amount of tax paid on these gains

designated under Internal Revenue Code

section 852(b)(3)(D) or 857(b)(3)(D). The

company, the trust, and the shareholder

file copies of Form 2439 with the IRS.

The IRS uses the information to verify

that the shareholder has included the

capital gains in income.

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:

8,363.

Estimated Time Per Respondent: 4 hr.,

8 min.

Estimated Total Annual Burden

Hours: 34,539.

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: November 20, 2000.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 00–30794 Filed 12–1–00; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 976

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

976, Claim for Deficiency Dividends

Deductions by a Personal Holding

Company, Regulated Investment

Company, or Real Estate Investment

Trust.

DATES: Written comments should be

received on or before February 2, 2001

to be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 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 5244, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Claim for Deficiency Dividends

Deductions by a Personal Holding

Company, Regulated Investment

Company, or Real Estate Investment

Trust.

OMB Number: 1545–0045.

Form Number: Form 976.

Abstract: Form 976 is filed by

corporations that wish to claim a

deficiency dividend deduction. The

deduction allows the corporation to use

the payment of dividends to reduce

taxes imposed after the tax return is

filed. The IRS uses Form 976 to

determine if shareholders have included

the dividend amounts in gross income.

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: 7hr.,

40 min.

Estimated Total Annual Burden

Hours: 3,830

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: November 20, 2000.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 00–30795 Filed 12–1–00; 8:45 am]

BILLING CODE 4830–01–U