Federal Register / Vol. 63, No. 125 /Tuesday, June 30, 1998 / Notices 35643

DEPARTMENT OF THE TREASURY

Submission to OMB for Review;

Comment Request

June 23, 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,

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.

DATES: Written comments should be

received on or before July 30, 1998 to be

assured of consideration.

Internal Revenue Service (IRS)

OMB Number: 1545–0134.

Form Number: IRS Form 1128.

Type of Review: Revision.

Title: Application to Adopt, Change,

or Retain a Tax Year.

Description: Form 1128 is needed in

order to process taxpayers’ request to

change their tax year. All information

requested is used to determine whether

the application should be approved.

Respondents are taxable and nontaxable

entities including individuals,

partnerships, corporations, estates, taxexempt organizations and cooperatives.

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

Estimated Number of Respondents/

Recordkeepers: 11,800.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Form 1128

parts I and II

Form 1128

parts I and III.

Recordkeeping ...................................................................................................................................... 9 hr., 34 min ........... 16 hr., 59 min.

Learning about the law or the form ...................................................................................................... 3 hr., 23 min ........... 4 hr., 56 min.

Preparing and sending the form to the IRS ......................................................................................... 3 hr., 41 min ........... 6 hr., 38 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 282,002 hours.

OMB Number: 1545–0633.

Notice Number: Notices 437, 438 and

466.

Type of Review: Extension.

Title: Notice of Intention to Disclose.

Description: Notice is required by 26

U.S.C. 6110(f). A reply is necessary if

recipient disagrees with the Service’s

proposed deletions. The Service uses

the reply to consider propriety of

making additional deletions to public

inspection version of written

determinations or related background

file documents.

Respondents: Individuals or

households, Business or other for-profit,

Not-for-profit institutions, Farms, State,

Local or Tribal Government.

Estimated Number of Respondents:

2,500.

Estimated Burden Hours Per

Respondent: 30 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting Burden:

1,250 hours.

OMB Number: 1545–0820.

Regulation Project Number: EE–86–88

NPRM (Previously 279–81).

Type of Review: Extension.

Title: Incentive Stock Options.

Description: The affected public

includes corporations that transfer stock

to employees after 1979 pursuant to the

exercise a statutory stock option. The

corporation must furnish the employee

receiving the stock with a written

statement describing the transfer. The

statement will assist the employee in

filing their tax returns.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

50,000.

Estimated Burden Hours Per

Respondent: 20 minutes.

Frequency of Response: Annually.

Estimated Total Reporting Burden:

16,650 hours.

OMB Number: 1545–1081.

Form Number: IRS Form 8809.

Type of Review: Revision.

Title: Request for Extension of Time to

File Information Returns.

Description: Form 8809 is used to

request an extension of time to file

certain information returns. It will be

used by IRS to process request

expeditiously and to track from year to

year those who repeatedly ask for an

extension.

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

Government, State, Local or Tribal

Government.

Estimated Number of Respondents/

Recordkeepers: 50,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—2 hr., 4 min.

Learning about the law or the form—10

min.

Preparing and sending the form to the

IRS—26 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 133,000 hours.

OMB Number: 1545–1165.

Form Number: IRS Form 8821.

Type of Review: Revision.

Title: Tax Information Authorization.

Description: Form 8821 is used to

appoint someone to receive or inspect

certain tax information. Data is used to

identify appointees and to ensure that

confidential information is not divulged

to unauthorized persons.

Respondents: Individuals or

households, Business or other for-profit,

Not-for-profit institutions, Farms.

Estimated Number of Respondents/

Recordkeepers: 200,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—7 minutes.

Learning about the law and the form—

12 minutes.

Preparing the form—24 minutes.

Copying, assembling, and sending the

form to the IRS—20 minutes.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 210,000 hours.

OMB Number: 1545–1189.

Form Number: IRS Form 8819.

Type of Review: Extension.

Title: Dollar Election Under Section

985.

Description: 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.

Respondents: Business or other forprofit.

Estimated Number of Respondent/

Recordkeepers: 1,500.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—2 hr., 52 min.

Learning about the law or the form—1

hr., 17 min.

Preparing and sending the form to the

IRS—1 hr., 23 min.

Frequency of Response: On occasion.
35644 Federal Register / Vol. 63, No. 125 /Tuesday, June 30, 1998 / Notices

Estimated Total Reporting/

Recordkeeping Burden: 8,325 hours.

OMB Number: 1545–1354.

Form Number: IRS Form 8833.

Type of Review: Revision.

Title: Treaty-Based Return Position

Disclosure Under Section 6114 or

7701(b).

Description: Form 8833 is used by

taxpayers that are required by section

6114 to disclose a treaty-based return

position to disclose that position. The

form may also be used to make the

treaty-based position disclosure

required by regulations section

301.7701(b)–7(b) for ‘‘dual resident’’

taxpayers.

Respondents: Business or other forprofit, Individuals or households.

Estimated Number of Respondents/

Recordkeepers: 6,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping—3 hr., 7 min.

Learning about the law or the form—1

hr., 35 min.

Preparing and sending the form to the

IRS—1 hr., 43 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 38,460 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. 98–17335 Filed 6–29–98; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

June 23, 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,

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.

DATES: Written comments should be

received on or before July 15, 1998 to be

assured of consideration.

SPECIAL REQUEST: In order to conduct

the surveys described below in a timely

manner, the Department of the Treasury

is requesting that the Office of

Management and Budget (OMB) review

and approve this information collection

by July 2, 1998. To obtain a copy of this

study, please contact the Internal

Revenue Service Clearance Officer at the

address listed below.

Internal Revenue Service (IRS)

OMB Number: 1545–1432.

Project Number: M:SP:V 98–013–G.

Type of Review: Revision.

Title: Internal Revenue Service’s

Fourth Annual Survey of Contractors.

Description: The purpose of this

survey is to attempt to obtain contractor

information about the ways the Internal

Revenue Service (IRS) can improve its

contracting. An opinion survey is

expected to provide the information

needed.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

250.

Estimated Burden Hours Per

Respondent: 7 minutes.

Frequency of Response: Annually.

Estimated Total Reporting Burden:

250 hours.

Clearance Officer: Garrick Shear (202)

622–3869, Internal Revenue Service,

Room 5571, 1111 Constitution Avenue,

N.W., 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. 98–17336 Filed 6–29–98; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

[Treasury Directive Number 13–04]

Delegation of Authority Relating to the

United States Enrichment Corporation

Privatization

June 24, 1998.

1. Purpose. This Directive makes

certain delegations to the Assistant

Secretary (Financial Markets) relating to

the United States Enrichment

Corporation (USEC) privatization.

2. Background. The Atomic Energy

Act of 1954 as amended by the Energy

Policy Act of 1992 (Pub. L. 102–486, 106

Stat. 2938), and the USEC Privatization

Act (Pub. L. 104–134, 110 Stat. 1321–

335) (collectively, the ‘‘Acts’’) authorize

the Secretary of the Treasury to approve

or disapprove the USEC Board’s

determinations that the method of

transfer and the terms and conditions

for the transfer of USEC to the private

sector meet certain statutory

requirements under the Acts. Treasury

Order (TO) 103–04, ‘‘Delegation of

Authority Relating to the United States

Enrichment Corporation Privatization,’’

delegates to the Under Secretary for

Domestic Finance the Secretary’s

authority under the Acts relating to the

USEC privatization.

3. Delegation. The duties, powers,

rights, and obligations of the Secretary

of the Treasury which are vested in the

Under Secretary for Domestic Finance

pursuant to TO 103–04 are hereby

redelegated to the Assistant Secretary

(Financial Markets).

4. Redelegation. The Assistant

Secretary (Financial Markets) may

redelegate in writing such of the

authorities granted under this Directive

as the Assistant Secretary (Financial

Markets) deems appropriate.

5. Authority. TO 103–04, ‘‘Delegation

of Authority Relating to the United

States Enrichment Corporation

Privatization.’’

6. Expiration Date. This Directive

shall expire three years from the date of

issuance unless superseded or cancelled

prior to that date.

7. Office of Primary Interest. Office of

the Under Secretary for Domestic

Finance.

John D. Hawke, Jr.,

Under Secretary for Domestic Finance.

[FR Doc. 98–17373 Filed 6–29–98; 8:45 am]

BILLING CODE 4810–25–P

DEPARTMENT OF THE TREASURY

[Treasury Order Number 103–04]

Delegation of Authority Relating to the

United States Enrichment Corporation

Privatization

Dated: June 24, 1998

1. By virtue of the authority vested in

the Secretary of the Treasury, including

the authority in 31 U.S.C. 321(b), I

hereby delegate to the Under Secretary

for Domestic Finance the authority of

the Secretary of the Treasury under the

Atomic Energy Act of 1954 as amended

by the Energy Policy Act of 1992 (Public

Law 102–486, 106 Stat. 2938), and the

USEC Privatization Act (Public Law

104–134, 110 Stat. 1321–335)

(collectively, the ‘‘Acts’’), to exercise

any right or power, make any finding or

determination, or perform any duty or