Federal Register / Vol. 62, No. 61 / Monday, March 31, 1997 / Notices 15219

Estimated Total Reporting Burden:

750 hours.

OMB Number: 1545–1507.

Regulation Project Number: INTL–

656–87 Final.

Type of Review: Extension.

Title: Treatment of Shareholders of

Certain Passive Foreign Investment

Companies.

Description: The reporting

requirements affect U.S. persons that are

direct and indirect shareholders of

passive foreign investment companies

(PFICs). IRS uses Form 8621 to identify

PFICs, U.S. shareholders, and

transactions subject to PFIC taxation

and verify income inclusions, excess

distributions, and deferred tax amounts.

Respondents: Business or other forprofit, Individuals or households, Notfor-profit institutions.

Estimated Number of Respondents:

131,250.

Estimated Burden Hours Per

Respondent: 46 minutes.

Frequency of Response: Other (One

time only).

Estimated Total Reporting Burden:

100,000 hours.

OMB Number: 1545–1510.

Revenue Procedure Number: Revenue

Procedure 96–60.

Type of Review: Extension.

Title: Procedure for Filing Forms W–

2 in Certain Acquisitions.

Description: Information is required

by the Internal Revenue Service to assist

predecessor and successor employers in

complying with the reporting

requirements under Code sections 6051

and 6011 for Forms W–2 and 941.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

553,500.

Estimated Burden Hours Per

Respondent: 12 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

110,700 hours.

OMB Number: 1545–1521.

Form Number: None.

Type of Review: Extension.

Title: Confirmation Letter for

Contracting Out of Collection Activities.

Description: It is necessary that the

confirmation letter be issued during the

testing phase of the program for

contracting out collection activities so

any problems associated with the

contracting out process can be quickly

identified. In addition, this information

will be to determine the accuracy of IRS

and private vendors’ records with regard

to taxes due and payments submitted.

Respondents: Business or other forprofit, Individuals or households, Notfor-profit institutions, Farms, Federal

Government, State, Local or Tribal

Governments.

Estimated Number of Respondents:

225.

Estimated Burden Hours Per

Respondent: 15 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden: 56

hours.

OMB Number: 1545–1523.

Notice Number: Notice 97–12.

Type of Review: Extension.

Title: Electing Small Business Trusts.

Description: This notice provides the

time and manner for making the

Electing Small Business Trust election

pursuant to section 1361(e)(3).

Respondents: Business or other forprofit.

Estimated Number of Respondents:

5,000.

Estimated Burden Hours Per

Respondent: 1 hour.

Frequency of Response: Other (once).

Estimated Total Reporting Burden:

5,000 hours.

Clearance Officer: Garrick Shear,

(202) 622–3869, Internal Revenue

Service, Room 5571, 1111 Constitution

Avenue, NW, Washington, DC 20224.

OMB Reviewer: Alexander T. Hunt,

(202) 395–7860, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 97–8076 Filed 3–28–97; 8:45 am]

BILLING CODE: 4830–01–P

Submission for OMB Review;

Comment Request

March 20, 1997.

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995,

Public Law 104–13. Copies of the

submission(s) may be obtained by

calling the Treasury Bureau Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the Treasury Department

Clearance Officer, Department of the

Treasury, Room 2110, 1425 New York

Avenue, NW., Washington, DC 20220.

U.S. Customs Service (CUS)

OMB Number: 1515–0021.

Form Number: CF 3499.

Type of Review: Reinstatement.

Title: Application and Approval to

Manipulate, Examine, Sample, or

Transfer Goods.

Description: Customs Form 3499 is

prepared by importers or consignees as

an application to request examination,

sampling, or transfer of merchandise

under Customs supervision. This form

is also an application for the

manipulation of merchandise in a

bonded warehouse and abandonment or

destruction of merchandise.

Respondents: Business or other forprofit, Not-for-profit institutions.

Estimated Number of Respondents:

2,290.

Estimated Burden Hours Per

Respondent: 6 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

13,740 hours.

OMB Number: 1515–0046.

Form Number: CF 3485.

Type of Review: Extension.

Title: Lien Notice.

Description: The Lien Notice enables

the carriers, cartmen, and similar

businesses to notify Customs that a lien

exists against individual/business for

nonpayment of freight changes, etc., so

that Customs will not permit delivery of

the merchandise from public stores or a

bonded warehouse until the lien is

satisfied or discharged.

Respondents: Business or other forprofit, Not-for-profit institutions.

Estimated Number of Respondents:

2,000.

Estimated Burden Hours Per

Respondent: 5 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

8,897 hours.

OMB Number: 1515–0054.

Form Number: CF 3173.

Type of Review: Reinstatement.

Title: Application for Extension of

Bond for Temporary Importation.

Description: Imported merchandise

which is to remain in the U.S. Customs

territory for one (1) year or less without

duty payment is entered as a temporary

importation. The importer may apply

for an extension of this period on

Customs Form 3173.

Respondents: Business or other forprofit, Not-for-profit institutions.

Estimated Number of Respondents:

1,200.

Estimated Burden Hours Per

Respondent: 13 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

3,641 hours.

OMB Number: 1515–0148.

Form Number: CF 331.

Type of Review: Revision.

Title: Manufacturing Drawback Entry

and/or Certificate.

Description: The Manufacturing

Drawback Entry and/or Certificate

serves as an entry, a certificate of

manufacture and delivery (or the
15220 Federal Register / Vol. 62, No. 61 / Monday, March 31, 1997 / Notices

combination), or a certificate of

imported merchandise necessary in the

filing of a claim for a refund of duty

and/or internal revenue tax paid.

Respondents: Business or other forprofit, Not-for-profit institutions.

Estimated Number of Respondents/

Recordkeepers: 3,500.

Estimated Burden Hours Per

Respondent/Recordkeeper: 20 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 124,998 hours.

OMB Number: 1515–0154.

Form Number: CF 339.

Type of Review: Extension.

Title: User Fees.

Description: The User Fees, Customs

Form 339, information is necessary for

Customs to effectively collect fees from

private and commercial vessels, private

aircraft, operators of commercial trucks,

and passenger and freight railroad cars

entering the United States and

recipients of certain dutiable mail

entries for certain official services.

Respondents: Business or other forprofit, Not-for-profit institutions.

Estimated Number of Respondents:

60,000.

Estimated Burden Hours Per

Respondent: 20 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

20,000 hours.

Clearance Officer: J. Edgar Nichols

(202) 927–1426, U.S. Customs Service,

Printing and Records Management

Branch, Room 6216, 1301 Constitution

Avenue, N.W., Washington, DC 20229.

OMB Reviewer: Alexander T. Hunt

(202) 395–7860, Office of Management

and Budget, Room 10202, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 97–8077 Filed 3–28–97; 8:45 am]

BILLING CODE 4820–02–P

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

March 20, 1997.

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995,

Public Law 104–13. Copies of the

submission(s) may be obtained by

calling the Treasury Bureau Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the Treasury Department

Clearance Officer, Department of the

Treasury, Room 2110, 1425 New York

Avenue, NW., Washington, DC 20220.

Departmental Offices/Financial Crimes

Enforcement Network (FinCEN)

OMB Number: 1506–0004.

Form Number: IRS Form 4789.

Type of Review: Extension.

Title: Currency Transaction Report.

Description: The Bank Secrecy Act

and its implementing regulations

require all financial institutions to make

a report of transactions in currency in

excess of $10,000. This form is the

method by which such reports are made

by all financial institutions, except

casinos.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

180,000.

Estimated Burden Hours Per

Response: 10 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

4,000,000 hours.

Clearance Officer: Lois K. Holland

(202) 622–1563, Departmental Offices,

Room 2110, 1425 New York Avenue,

NW, Washington, DC 20220.

OMB Reviewer: Alexander T. Hunt

(202) 395–7860, Office of Management

and Budget, Room 10202, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 97–8078 Filed 3–28–97; 8:45 am]

BILLING CODE 4810–25–P

Submission for OMB Review;

Comment Request

March 18, 1997.

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995,

Public Law 104–13. Copies of the

submission(s) may be obtained by

calling the Treasury Bureau Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the Treasury Department

Clearance Officer, Department of the

Treasury, Room 2110, 1425 New York

Avenue, NW., Washington, DC 20220.

U.S. Customs Service (CUS)

OMB Number: 1515–0091.

Form Number: None.

Type of Review: Extension.

Title: Importers of Merchandise

Subject to Actual Use Provisions.

Description: The Importer of

Merchandise Subject to Actual Use

Provisions is part of the regulation

which provides that certain items may

be admitted duty-free such as farming

implements, seed, potatoes, etc.,

providing the importer can prove these

items were virtually used as

contemplated by law. The importer

must maintain detailed records and

furnish a statement of use.

Respondents: Business or other forprofit, Individuals or households, Notfor-profit institutions.

Estimated Number of Recordkeepers:

12,000.

Estimated Burden Hours Per

Recordkeeper: 1 hour, 5 minutes.

Frequency of Response: On occasion.

Estimated Total Recordkeeping

Burden: 13,000 hours.

OMB Number: 1515–0135.

Form Number: None.

Type of Review: Extension.

Title: Required Records for Smelting

and Refining Warehouse.

Description: Each manufacturer

engaged in smelting or refining must file

an annual statement showing any

material change in the character of the

metal-bearing materials used or changes

in the method of smelting or refining.

Also the records must show the receipt

and disposition of each shipment.

Respondents: Business or other forprofit, Not-for-profit institutions.

Estimated Number of Recordkeepers:

15.

Estimated Burden Hours Per

Recordkeeper: 90 hours, 24 minutes.

Frequency of Response: On occasion.

Estimated Total Recordkeeping

Burden: 1,356 hours.

OMB Number: 1515–0137.

Form Number: None.

Type of Review: Extension.

Title: Declaration of Persons Who

Perform Repairs or Alterations.

Description: The Declaration of

Persons Who Perform Repairs in used

by Customs to ensure duty-free status

for entries covering repaired abroad. It

must be filed by importers claiming

duty-free status.

Respondents: Business or other forprofit, Individuals or households, Notfor-profit institutions.

Estimated Number of Recordkeepers:

10,236.

Estimated Burden Hours Per

Recordkeeper: 1 hour.

Frequency of Response: On occasion.

Estimated Total Recordkeeping

Burden: 10,236 hours.

Clearance Officer: J. Edgar Nichols,

(202) 927–1426, U.S. Customs Service,

Printing and Records Management

Branch, Room 6216, 1301 Constitution

Avenue, NW., Washington, DC 20229.

OMB Reviewer: Alexander T. Hunt,

(202) 395–7860, Office of Management

and Budget, Room 10202, New