30790 Federal Register / Vol. 66, No. 110 / Thursday, June 7, 2001 / Notices

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 720

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

720, Quarterly Federal Excise 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: Quarterly Federal Excise Tax

Return.

OMB Number: 1545–0023.

Form Number: 720.

Abstract: Form 720 is used to report

(1) excise taxes due from retailers and

manufacturers on the sale or

manufacture of various articles, (2) the

tax on facilities and services, (3)

environmental taxes, (4) luxury tax, and

(5) floor stocks taxes. The information

supplied on Form 720 is used by the IRS

to determine the correct tax liability.

Additionally, the data is reported by the

IRS to Treasury so that funds may be

transferred from the general revenue

fund to the appropriate trust funds.

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, individuals, notfor-profit institutions, farms, and

Federal, state, local or tribal

governments.

Estimated Number of Respondents:

50,000.

Estimated Time Per Respondent: 69

hours, 35 minutes.

Estimated Total Annual Burden

Hours: 3,479,551.

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 30, 2001.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 01–14391 Filed 6–6–01; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Forms W–8BEN, W–8ECI,

W–8EXP, and W–8IMY

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

W–8BEN, Certificate of Foreign Status of

Beneficial Owner for United States Tax

Withholding, Form W–8ECI, Certificate

of Foreign Person’s Claim for Exemption

From Withholding on Income

Effectively Connected With the Conduct

of a Trade or Business in the United

States, Form W–8EXP, Certificate of

Foreign Government or Other Foreign

Organization for United States Tax

Withholding, and Form W–8IMY,

Certificate of Foreign Intermediary,

Foreign Flow-Through Entity, or Certain

U.S. Branches for United States Tax

Withholding.

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 forms 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: Form W–8BEN, Certificate of

Foreign Status of Beneficial Owner for

United States Tax Withholding, Form

W–8ECI, Certificate of Foreign Person’s

Claim for Exemption From Withholding

on Income Effectively Connected With

the Conduct of a Trade or Business in

the United States, Form W–8EXP,

Certificate of Foreign Government or

Other Foreign Organization for United

States Tax Withholding, and Form W–

8IMY, Certificate of Foreign

Intermediary, Foreign Flow-Through

Entity, or Certain U.S. Branches for

United States Tax Withholding.

OMB Number: 1545–1621.

Form Numbers: W–8BEN, W–8ECI,

W–8EXP, and W–8IMY.

Abstract: Form W–8BEN is used for

certain types of income to establish that

the person is a foreign person, is the

beneficial owner of the income for

which Form W–8BEN is being provided

and, if applicable, to claim a reduced

rate of, or exemption from, withholding

as a resident of a foreign country with

which the United States has an income

tax treaty. Form W–8ECI is used to

establish that the person is a foreign

person, is the beneficial owner of the

income for which Form W–8ECI is being

provided, and to claim that the income

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