Federal Register / Vol. 60, No. 102 / Friday, May 26, 1995 / Notices 28015

Clearance Officer: Garrick Shear (202)

622–3869, Internal Revenue Service,

Room 5571, 1111 Constitution Avenue,

N.W., Washington, DC 20224.

OMB Reviewer: Milo Sunderhauf

(202) 395–7340, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer

[FR Doc. 95–12936 Filed 5–25–95; 8:45am]

BILLING CODE: 4830–01–P

Public Information Collection

Requirements Submitted to OMB for

Review

May 15, 1995.

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 1980,

Public Law 96–511. 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.

Special Request: In order to conduct

the focus group interviews described

below in a timely manner, the

Department of Treasury is requesting

Office of Management and Budget

(OMB) review and approval of this

information collection by May 25, 1995.

To obtain a copy of this survey, please

write to the IRS Clearance Officer at the

address listed below.

Internal Revenue Service (IRS)

OMB Number: 1545–1432.

Project Number: PC:V 95–009–G.

Type of Review: Revision.

Title: 1995 IRS Small Business

Customer Satisfaction Survey.

Description: The purpose of this

survey to collect information from small

businesses (owners, partners, and

corporate officials) in order to determine

their opinions about the quality of

service provided by the IRS and to

understand the relative importance they

place on the various aspects of quality

service. Information from this survey

will be used for three major reasons: (1)

to assess satisfaction with the IRS’

performance; (2) to assess the IRS’s

progress against the benchmark 1994

survey; and (3) to guide development of

strategic actions to improve customer

satisfaction.

Respondents: Business or other forprofit.

Estimated Number of Respondents:

2,000.

Estimated Burden Hours Per

Respondent: 15 minutes.

Frequency of Response: Other.

Estimated Total Reporting Burden:

500 hours.

Clearance Officer: Garrick Shear (202)

622–3869, Internal Revenue Service,

Room 5571, 1111 Constitution Avenue,

N.W., Washington, DC 20224.

OMB Reviewer: Milo Sunderhauf

(202) 395–7340, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer

[FR Doc. 95–12937 Filed 5–25–95; 8:45am]

BILLING CODE: 4830–01–P

Public Information Collection

Requirements Submitted to OMB for

Review

May 16, 1995.

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 1980,

Public Law 96–511. 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.

Internal Revenue Service (IRS)

OMB Number: 1545–0042.

Form Number: IRS Form 970.

Type of Review: Extension.

Title: Application to Use Last-In,

First-Out (LIFO) Inventory Method.

Description: Form 970 is filed by

individuals, partnerships, trusts, estates,

or corporations to elect to use the LIFO

inventory method or to extend the LIFO

inventory method to additional goods.

The IRS uses Form 970 to determine if

the election was properly made.

Respondents: Business or other forprofit, Individuals or households,

Farms.

Estimated Number of Respondents/

Recordkeepers: 3,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 8 hr., 37 min.

Learning about the law or the form, 1

hr., 35 min.

Preparing the form, 1 hr., 48 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 36,000 hours.

OMB Number: 1545–0055.

Form Number: IRS Form 1001.

Type of Review: Extension.

Title: Ownership, Exemption, or

Reduced Rate Certificate.

Description: This form is used by

owners of certain types of income to

report to a withholding agent, both the

ownership and any reduced or exempt

tax rate under tax conventions or

treaties, and if appropriate, to claim a

release of tax withheld at source. The

withholding agent uses the information

to determine the appropriate

withholding.

Respondents: Individuals or

households, Business or other for-profit.

Estimated Number of Respondents/

Recordkeepers: 100,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 4 hr., 32 min.

Learning about the law or the form, 1

hr., 0 min.

Preparing and sending the form to the

IRS, 1 hr., 7 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 665,000 hours.

OMB Number: 1545–0240.

Form Number: IRS Form 6118.

Type of Review: Extension.

Title: Claim of Income Tax Return

Preparers.

Description: Form 6118 is used by

preparers to file for a refund of penalties

incorrectly charged. The information

enables the IRS to process the claim and

have the refund issued to the tax return

preparer.

Respondents: Individuals or

households, Business or other for-profit.

Estimated Number of Respondents/

Recordkeepers: 10,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 13 min.

Learning about the law or the form, 11

min.

Preparing the form, 8 min.

Copy, assembling, and sending the

form to the IRS, 20 min.

Frequency of Response: On occasion.

Estimated Total Reporting/

Recordkeeping Burden: 8,900 hours.

OMB Number: 1545–0242.

Form Number: IRS Form 6197.

Type of Review: Extension.

Title: Gas Guzzler Tax.

Description: Form 6197 is used to

compute the gas guzzler tax on

automobiles whose fuel economy does

not meet certain standards for fuel

economy. The tax is reported quarterly

on Form 720. Form 6197 is filed each
28016 Federal Register / Vol. 60, No. 102 / Friday, May 26, 1995 / Notices

quarter with Form 720 for

manufacturers. Individuals can make a

one-time filing if they import a gas

guzzler auto for personal use. The IRS

uses the information to verify

computation of the tax and compliance

with the law.

Respondents: Individuals or

households, Business or other for-profit.

Estimated Number of Respondents/

Recordkeepers: 485.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 4 hr., 18 min.

Learning about the law or the form, 12

min.

Preparing and sending the form to the

IRS, 17 min.

Frequency of Response: Quarterly,

Annually.

Estimated Total Reporting/

Recordkeeping Burden: 2,892 hours.

OMB Number: 1545–0715.

Form Number: IRS Form 1099–B.

Type of Review: Extension.

Title: Proceeds From Broker and

Barter Exchange Transactions.

Description: Form 1099–B is used by

brokers and barter exchanges to report

proceeds from transactions to the

Internal Revenue Service.

Respondents: Individuals or

households.

Estimated Number of Respondents:

50,000.

Estimated Burden Hours Per

Respondent: 15 minutes.

Frequency of Response: Annually.

Estimated Total Reporting Burden:

12,925,000 hours.

OMB Number: 1545–0895.

Form Number: IRS Form 3800.

Type of Review: Extension.

Title: General Business Credit.

Description: Internal Revenue Code

(IRC) section 38 permits taxpayers to

reduce their income tax liability by the

amount of their general business credit,

which is an aggregation of their

investment credit, jobs credit, alcohol

fuel credit, research credit, low-income

housing credit, disabled access credit,

enhanced oil recovery credit, etc. Form

3800 is used to figure the correct credit.

Respondents: Business or other forprofit, Farms.

Estimated Number of Respondents/

Recordkeepers: 247,500.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 11 hr., 43 min.

Learning about the law or the form, 1

hr., 0 min.

Preparing and sending the form to the

IRS, 1 hr., 14 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 3,452,625 hours.

OMB Number: 1545–0930.

Form Number: IRS Form 8396.

Type of Review: Extension.

Title: Mortgage Interest Credit.

Description: Form 8396 is used by

individual taxpayers to claim a credit

against their tax for a portion of the

interest paid on a home mortgage in

connection with a qualified mortgage

credit certificate. Internal Revenue Code

(IRC) section 25 allows the credit and

IRC section 163(g) provides that the

interest deduction on Schedule A will

be reduced by the credit.

Respondents: Individuals or

households.

Estimated Number of Respondents/

Recordkeepers: 30,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 46 min.

Learning about the law or the form, 6

min.

Preparing the form, 42 min.

Copying, assembling, and sending the

form to the IRS, 20 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 54,300 hours.

OMB Number: 1545–0971.

Form Number: IRS Form 1041–ES.

Type of Review: Extension.

Title: Estimated Income Tax for

Estates and Trusts.

Description: Form 1041–ES is used by

fiduciaries of estates and trusts to make

estimated tax payments if their

estimated tax is $500 or more. IRS uses

the data to credit taxpayers’ accounts

and to determine if the estimated tax

has been properly computed and timely

paid.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 300,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 20 min.

Learning about the law or the form, 8

min.

Preparing the form, 1 hr., 16 min.

Copying, assembling, and sending the

form to the IRS, 20 min.

Frequency of Response: Quarterly,

Annually.

Estimated Total Reporting/

Recordkeeping Burden: 2,484,000 hours.

OMB Number: 1545–1010.

Form Number: IRS Form 1120–RIC.

Type of Review: Extension.

Title: U.S. Income Tax Return for

Regulated Investment Companies.

Description: Form 1120–RIC is filed

by a domestic corporation electing to be

taxed as a RIC in order to report its

income and deductions and to compute

its tax liability. IRS uses Form 1120–RIC

to determine whether the RIC has

correctly reported its income,

deductions, and tax liability.

Respondents: Business or other forprofit.

Estimated Number of Respondents/

Recordkeepers: 3,277.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 58 hr., 10 min.

Learning about the law or the form, 17

hr., 49 min.

Preparing the form, 34 hr., 25 min.

Copying, assembling, and sending the

form to the IRS, 4 hr., 17 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 372,562 hours.

OMB Number: 1545–1054.

Form Number: IRS Form 8736.

Type of Review: Extension.

Title: Application for Automatic

Extension of Time To File U.S. Return

for a Partnership, REMIC, or for Certain

Trusts.

Description: Form 8736 is used by

partnerships, REMICs, and by certain

trusts to request automatic 3-month

extension of time to file Form 1065,

Form 1041, or Form 1066. Form 8736

contains data needed by the IRS to

determine whether or not a taxpayer

qualifies for such an extension.

Respondents: Business or other forprofit, Farms.

Estimated Number of Respondents/

Recordkeepers: 36,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 3 hr., 7 min.

Learning about the law or the form, 24

min.

Preparing, copying, assembling, and

sending the form to the IRS, 28 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 142,920 hours.

OMB Number: 1545–1190.

Form Number: IRS Form 8824.

Type of Review: Extension.

Title: Like-Kind Exchanges.

Description: Form 8824 is used by

individuals, corporations, partnerships,

and other entities to report the exchange

of business or investment property, and

the deferral of gains from such

transactions under section 1031. It is

also used to report the deferral of gain

under section 1043 by members of the

executive branch of the Federal

government.

Respondents: Individuals or

households, Business or other for profit.

Estimated Number of Respondents/

Recordkeepers: 200,000.

Estimated Burden Hours Per

Respondent/Recordkeeper:

Recordkeeping, 26 min.
Federal Register / Vol. 60, No. 102 / Friday, May 26, 1995 / Notices 28017

* A copy of this list may be obtained by

contacting Lorie J. Nierenberg of the Office of the

General Counsel, U.S. Information Agency. The

telephone number is 202/619–6084; the address is

U.S.I.A., 301–4th Street, S.W., Room 700,

Washington, D.C. 20547.

* A copy of this list may be obtained by

contacting Lorie J. Nierenberg of the Office of the

General Counsel, U.S. Information Agency. The

telephone number is 202/619–6084; the address is

U.S.I.A., 301–4th Street, S.W., Room 700,

Washington, D.C. 20547.

Learning about the law or the form, 28

min.

Preparing the form, 1 hr., 2 min.

Copying, assembling, and sending the

form to the IRS, 27 min.

Frequency of Response: Annually.

Estimated Total Reporting/

Recordkeeping Burden: 353,884 hours.

Clearance Officer: Garrick Shear (202)

622–3869, Internal Revenue Service,

Room 5571, 1111 Constitution Avenue,

NW., Washington, DC 20224.

OMB Reviewer: Milo Sunderhauf

(202) 395–7340, Office of Management

and Budget, Room 10226, New

Executive Office Building, Washington,

DC 20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 95–12938 Filed 5–25–95; 8:45 am]

BILLING CODE 4830–01–P

UNITED STATES INFORMATION

AGENCY

Culturally Significant Objects Imported

for Exhibition; Determination

Notice is hereby given of the

following determination: Pursuant to

the authority vested in me by the act of

October 19, 1965 (79 Stat. 985, 22 U.S.C.

2459), Executive Order 12047 of March

27, 1978 (43 FR 13359, March 29, 1979),

and Delegation Order No. 85–5 of June

27, 1985 (50 FR 27393, July 2, 1985), I

hereby determine that the objects to the

included in the exhibit ‘‘MINGEI:

Japanese Folk Art from the Montgomery

Collection’’ (see list*), imported from

abroad for the temporary exhibition

without profit within the United States,

are of cultural significance. These

objects are imported pursuant to a loan

agreement with a foreign lender. I also

determine that the temporary exhibition

or display of the listed exhibit objects at

The Frick Art Museum, Pittsburgh,

Pennsylvania, beginning on or about

June 15, 1995, to on or about August 27,

1995; at the Cincinnati Art Museum,

Cincinnati, Ohio, beginning on or about

October 1, 1995, to on or about January

1, 1996; at the Meadows Museum,

Southern Methodist University, Dallas,

Texas, beginning on or about August 22,

1996, to on or about October 6, 1996; at

the Flint Institute; Fling, Michigan,

beginning on or about October 20, 1996,

to on or about December 8, 1996; at the

Society of Four Arts, Palm Beach,

Florida, beginning on or about January

10, 1997, to on or about February 10,

1997; at the Fresno Metropolitan

Museum, Fresno, California, beginning

on or about September 13, 1997, to on

or about November 30, 1997, and at

other locations as yet to be determined,

is in the national interest.

Public notice of this determination is

ordered to be published in the Federal

Register.

Dated: May 23, 1995.

Les Jin,

General Counsel.

[FR Doc. 95–13091 Filed 5–25–95; 8:45 am]

BILLING CODE 8230–01–M

Culturally Significant Objects Imported

for Exhibition; Determination

Notice is hereby given of the

following determination: Pursuant to

the authority vested in me by the act of

October 19, 1965 (79 Stat. 985, 22 U.S.C.

2459), Executive Order 12047 of March

27, 1978 (43 FR 13359, March 29, 1978),

and Delegation Order No. 85–5 of June

27, 1985 (50 FR 27393, July 2, 1985), I

hereby determine that the objects to be

included in the exhibit ‘‘THE GOLDEN

AGE OF DANISH ART: Drawings from

the Royal Museum of Fine Arts

Copenhagen’’ (see list*), imported from

abroad for the temporary exhibition

without profit within the United States,

are of cultural significance. These

objects are imported pursuant to a loan

agreement with a foreign lender. I also

determine that the temporary exhibition

or display of the listed exhibit objects at

The Frick Collection, New York, New

York, beginning on or about June 13,

1995, to on or about August 13, 1995;

at the Frick Art Museum, Pittsburgh,

Pennsylvania, beginning on or about

September 8, 1995, to on or about

October 22, 1995; and at the Crocker Art

Museum, Sacramento, California,

beginning on or about January 18, 1996,

to on or about March 10, 1996, is in the

national interest.

Public notice of this determination is

ordered to be published in the Federal

Register.

Dated: May 23, 1995.

Les Jin,

General Counsel.

[FR Doc. 95–13092 Filed 5–25–95; 8:45 am]

BILLING CODE 8230–01–M