Federal Register / Vol. 66, No. 110 / Thursday, June 7, 2001 / Notices 30791

is effectively connected with the

conduct of a trade or business within

the United States. Form W–8EXP is

used by a foreign government,

international organization, foreign

central bank of issue, foreign tax-exempt

organization, or foreign private

foundation. The form is used by such

persons to establish foreign status, to

claim that the person is the beneficial

owner of the income for which Form

W–8EXP is given and, if applicable, to

claim a reduced rate of, or exemption

from, withholding. Form W–8IMY is

provided to a withholding agent or

payer by a foreign intermediary, foreign

partnership, and certain U.S. branches

to make representations regarding the

status of beneficial owners or to

transmit appropriate documentation to

the withholding agent.

Current Actions: There are no changes

being made to the forms at this time.

Type of Review: Extension of a

currently approved collection.

Affected Public: Individuals, business

or other for-profit organizations, and

not-for-profit institutions.

Estimated Number of Respondents:

Form W–8BEN—3,000,000; Form W–

8ECI—180,000; Form W–8EXP—240;

Form W–8IMY—400.

Estimated Time Per Respondent:

Form W–8BEN—13 hr., 47 min.; Form

W–8ECI—10 hr., 33 min.; Form W–

8EXP—18 hr. 28 min.; Form W–8IMY—

16 hr., 46 min.

Estimated Total Annual Burden

Hours: Form W–8BEN—41,370,000;

Form W–8ECI—1,899,000; Form W–

8EXP—4,431; Form W–8IMY—6,704.

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: May 29, 2001.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 01–14392 Filed 6–6–01; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 709

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

709, United States Gift (and GenerationSkipping Transfer) Tax Return.

DATES: Written comments should be

received on or before August 6, 2001, to

be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 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 Carol Savage,

(202) 622–3945, Internal Revenue

Service, room 5242, 1111 Constitution

Avenue NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: United States Gift (and

Generation-Skipping Transfer) Tax

Return.

OMB Number: 1545–0020.

Form Number: 709.

Abstract: Form 709 is used by

individuals to report transfers subject to

the gift and generation-skipping transfer

taxes and to compute these taxes. The

IRS uses the information to collect and

enforce these taxes, to verify that the

taxes are properly computed, and to

compute the tax base for the estate tax.

Current Actions: On Form 709, in the

‘‘Sign Here’’ area at the bottom of the

page, a new checkbox is added for paid

preparer authorization.

Type of Review: Revision of a

currently approved collection.

Affected Public: Individuals or

households.

Estimated Number of Respondents:

130,000.

Estimated Time Per Respondent: 4

hours, 43 minutes.

Estimated Total Annual Burden

Hours: 613,600.

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: May 29, 2001.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 01–14393 Filed 6–6–01; 8:45 am]

BILLING CODE 4830–01–U