Federal Register / Vol. 63, No. 75 / Monday, April 20, 1998 / Notices 19577

connection with collection of income

tax at source on wages; 26 CFR 31.6001–

6, Notice by District Director requiring

returns, statements, or the keeping of

records.

DATES: Written comments should be

received on or before June 19, 1998 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: 26 CFR 31.6001–1, Records in

general; 26 CFR 31.6001–2, Additional

Records under FICA; 26 CFR 31.6001–

3, Additional records under Railroad

Retirement Tax Act; 26 CFR 31.6001–5,

Additional records in connection with

collection of income tax at source on

wages; 26 CFR 31.6001–6, Notice by

District Director requiring returns,

statements, or the keeping of records.

OMB Number: 1545–0798.

Abstract: Internal Revenue Code

section 6001 requires, in part, that every

person liable for tax, or for the

collection of that tax must keep such

records and comply with such rules and

regulations as the Secretary may from

time to time prescribe. The

recordkeeping requirements under 26

CFR 31.6001 have special application to

employment taxes (and to employers)

and are needed to ensure proper

compliance with the Code. Upon

examination, the records are needed by

the taxpayer to establish the

employment tax liability claimed on any

tax return.

Current Actions: There is no change to

these existing regulations.

Type of Review: Extension of OMB

approval.

Affected Public: Individuals or

households, business or other for-profit

organizations, not-for-profit institutions,

farms, and Federal, state, local or tribal

governments.

Estimated Number of Recordkeepers:

5,676,263.

Estimated Time Per Recordkeeper: 5

hours, 20 minutes.

Estimated Total Annual

Recordkeeping Hours: 30,273,950.

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: April 14, 1998

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 98–10377 Filed 4–17–98; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 8279

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

8279, Election To Be Treated as a FSC

or as a Small FSC.

DATES: Written comments should be

received on or before June 19, 1998, 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: Election To Be Treated as a FSC

or as a Small FSC.

OMB Number: 1545–0884

Form Number: 8279

Abstract: A foreign corporation and

its shareholders must elect to be a

Foreign Sales Corporation (FSC) or

small FSC. Form 8279 is used to make

the election. Form 8279 provides the

IRS with the necessary information to

determine that the foreign corporation

qualifies to be a FSC, the number and

types of shareholders, and the tax year

of the FSC and its principal shareholder.

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:

5,000.

Estimated Time Per Respondent: 7 hr.,

52 min.

Estimated Total Annual Burden

Hours: 39,350.

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.
19578 Federal Register / Vol. 63, No. 75 / Monday, April 20, 1998 / Notices

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: April 10, 1998.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 98–10378 Filed 4–17–98; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 8809

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

8809, Request for Extension of Time To

File Information Returns.

DATES: Written comments should be

received on or before June 19, 1998, 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: Request for Extension of Time

To File Information Returns.

OMB Number: 1545–1081

Form Number: 8809

Abstract: Form 8809 is used to request

an extension of time to file Forms W–

2, W–2G, 1042–S, 1098, 1099, 5498, or

8027. The IRS reviews the information

contained on the form to determine

whether an extension should be granted.

Current Actions:

Two checkboxes are being added to

Line 8 of Form 8809 to accommodate

the new Forms 1098–E and 1098–T.

Forms 1098–E and 1098–T were

developed to implement sections 202

and 201, respectively, of the Taxpayer

Relief Act of 1997.

Type of Review: Revision of a

currently approved collection.

Affected Public: Business or other forprofit organizations, individuals, notfor-profit institutions, farms, and

federal, state, local or tribal

governments.

Estimated Number of Respondents:

50,000

Estimated Time Per Respondent: 2 hr.,

40 min.

Estimated Total Annual Burden

Hours: 133,000

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: April 9, 1998.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 98–10379 Filed 4–17–98; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 8819

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 8819,

Dollar Election Under Section 985.

DATES: Written comments should be

received on or before June 19, 1998, 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: Dollar Election Under Section

985.

OMB Number: 1545–1189.

Form Number: 8819.

Abstract: Form 8819 is filed by U.S.

and foreign businesses to elect the U.S.

dollar as their functional currency or as

the functional currency of their

controlled entities. The IRS uses Form

8819 to determine if the election is

properly made.

Current Actions: There are no changes

being made to the form at this time.