Federal Register / Vol. 63, No. 82 /Wednesday, April 29, 1998 / Notices 23489

DEPARTMENT OF THE TREASURY

Submission to OMB for Review;

Comment Request

April 22, 1998.

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, Pub.

L. 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.

DATES: Written comments should be

received on or before May 29, 1998 to

be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0963.

Regulation Project Number: IA–146–

81 Final.

Type of Review: Extension.

Title: Installment Method Reporting

by Dealers in Personal Property; Change

from Accrual to Installment Method of

Reporting.

Description: These regulations

describe the procedure by which dealers

in personal property may adopt or

change to the installment method of

accounting from another method of

accounting.

Respondents: Business or other forprofit, Individuals or households.

Estimated Number of Respondents:

50,000.

Estimated Burden Hours Per

Respondent: 1 hour.

Frequency of Response: Other (at time

of election).

Estimated Total Reporting/

Recordkeeping Burden: 50,000 hours.

OMB Number: 1545–1070.

Regulation Project Number: TD 8223

Temp, TD 8432 Final and Temp, and TD

8657 Final and Temp.

Type of Review: Extension.

Title: Branch Tax (TD 8223); Branch

Profit Tax (TD 8432); and Regulations

on Effectively Connected Income and

the Branch Profits Tax.

Description: The regulations explain

how to comply with section 884, which

imposes a tax on the earnings of a

foreign corporation’s branch that are

removed from the branch and which

subjects interest paid by the branch, and

certain interest deducted by the foreign

corporations to tax.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 28,500.

Estimated Burden Hours Per

Respondent/Recordkeeper: 27 minutes.

Estimated Total Reporting/

Recordkeeping Burden: 12,694 hours.

OMB Number: 1545–1117.

Notice Number: Notice 89–61.

Type of Review: Extension.

Title: Imported Substances; Rules for

Filing a Petition.

Description: The Notice sets forth

procedures to be followed in petitioning

the Secretary to modify the list of

taxable substances in section 4672(a)(3).

Respondents: Business or other forprofit.

Estimated Number of Respondents:

100.

Estimated Burden Hours Per

Respondent: 1 hour.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

100 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. 98–11357 Filed 4–28–98; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Submission to OMB for Review;

Comment Request

April 20, 1998.

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, Pub.

L. 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.

DATES: Written comments should be

received on or before May 29, 1998 to

be assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0044.

Form Number: IRS Form 973.

Type of Review: Extension.

Title: Corporation Claim for

Deduction for Consent Dividends.

Description: Corporations file Form

973 to claim a deduction for dividends

paid. If shareholders consent and IRS

approves, the corporation may claim a

deduction for dividends paid, which

reduces the corporation’s tax liability.

IRS uses Form 973 to determine if

shareholders have included the

dividend in gross income.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 500.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping .......... 4 hours, 4 minutes.

Learning about the

law or the form.

30 minutes.

Preparing and sending the form to the

IRS.

35 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 2,580 hours.

OMB Number: 1545–0754.

Regulation Project Number: LR–255–

81 Final.

Type of Review: Extension.

Title: Substantiation of Charitable

Contributions.

Description: Congress intended that

the Internal Revenue Service prescribe

rules and requirements to assure

substantiation and verification of

charitable contributions. The

regulations serve these purposes.

Respondents: Individuals or

households, Business or other for-profit.

Estimated Number of Recordkeepers:

26,000,000.

Estimated Burden Hours Per

Recordkeeper: 5 minutes.

Estimated Total Recordkeeping

Burden: 2,158,000 hours.

OMB Number: 1545–0976.

Form Number: IRS Form 990-W.

Type of Review: Extension.

Title: Estimated Tax on Unrelated

Business Taxable Income for TaxExempt Organizations.

Description: Form 990-W is used by

tax-exempt trusts and tax-exempt

corporations to figure estimated tax

liability on unrelated business income

and on investment income for private

foundations and the amount of each

installment payment. Form 990-W is a

worksheet only. It is not required to be

filed.

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

Estimated Number of Respondents/

Recordkeepers: 27,265.

Estimated Burden Hours Per

Respondent/Recordkeeper:.