[Federal Register Volume 75, Number 102 (Thursday, May 27, 2010)]
[Notices]
[Pages 29814-29817]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-12761]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

May 19, 2010.
    The Department of the Treasury will submit the following public 
information collection requirements to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or 
after the date of publication of this notice. A copy of the submissions 
may be obtained by calling the Treasury Bureau Clearance Officer 
listed. Comments regarding these information collections should be 
addressed to the OMB reviewer listed and to the Treasury PRA Clearance 
Officer, Department of the Treasury, 1750 Pennsylvania Avenue, NW., 
Suite 11010, Washington, DC 20220.

DATES: Written comments should be received on or before June 28, 2010 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0742.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: EE-111-80 (TD 8019--Final) Public Inspection of Exempt 
Organization Return.
    Abstract: Section 6104(b) authorizes the Service to make available 
to the public the returns required to be filed by exempt organizations. 
The information requested in Treasury Reg. section 301.6104(b)-1(b)(4) 
is necessary in order for the Service not to disclose confidential 
business information furnished by businesses which contribute to exempt 
black lung trusts.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 22 hours.
    OMB Number: 1545-0768.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: EE-178-78 Final (TD 7898) Employers Qualified Educational 
Assistance Programs.
    Abstract: Respondents include employers who maintain education 
assistance programs for their employees. Information verifies that 
programs are qualified and that employees may exclude educational 
assistance from their gross incomes.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 615 hours.
    OMB Number: 1545-1093.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: IA-56-87 and IA-53-87 Final Minimum Tax-Tax Benefit Rule.
    Abstract: Section 58(h) of the 1954 Internal Revenue Code provides 
that the Secretary shall provide for adjusting tax preference items 
where such items provided no tax benefit for any taxable year. This 
regulation provides guidance for situations where tax preference items 
provided no tax benefit because of available credits and describes how 
to claim a credit or refund of minimum tax paid on such preferences.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 40 hours.
    OMB Number: 1545-1271.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-209035-86 (Final) Stock Transfer Rules; REG-208165-91 
(Final) Certain Transfers of Stock or Securities by U.S. Persons to 
Foreign Corporations and Related Reporting Requirements.
    Abstract: A U.S. person must generally file a gain recognition 
agreement with the IRS in order to defer gain on a section 367(a) 
transfer of stock to a foreign corporation, and must file a notice with 
the Service if it realizes any income in a section 367(b) exchange. 
These requirements ensure compliance with the respective Code sections.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 2,390 hours.
    OMB Number: 1545-1449.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: IA-57-94 (Final) Cash Reporting by Court Clerks.
    Abstract: Section 60501(g) imposes a reporting requirement on 
criminal court clerks that receive more than $10,000 in cash as bail. 
The IRS will use the information to identify individuals with

[[Page 29815]]

large cash incomes. Clerks must also furnish the information to the 
United States Attorney for the jurisdiction in which the individual 
charged with the crime resides and to each person posting the bond 
whose name appears on Form 8300.
    Respondents: Federal Government.
    Estimated Total Burden Hours: 125 hours.
    OMB Number: 1545-1458.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-209835-86 (formerly INTL-933-86) (Final) Computation of 
Foreign Taxes Deemed Paid Under Section 902 Pursuant to a Pooling 
Mechanism for Undistributed Earnings and Foreign Taxes.
    Abstract: These regulations provide rules for computing foreign 
taxes deemed paid under section 902. The regulations affect foreign 
corporations and their U.S. corporate shareholders.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 1 hour.
    OMB Number: 1545-1507.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: INTL-656-87 (Final) Treatment of Shareholders of Certain 
Passive Investment Companies.
    Abstract: The reporting requirements affect U.S. persons that are 
direct and indirect shareholders of passive foreign investment 
companies (PFICs). The IRS uses Form 8621 to identify PFICs, U.S. 
persons that are shareholders and transactions subject to PFIC taxation 
and to verify income inclusions, excess distributions and deferred tax 
amounts.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 100,000 hours.
    OMB Number: 1545-1555.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-115795-97 (Final) General Rules for Making and 
Maintaining Qualified Electing Fund Elections.
    Abstract: The regulations provide rules for making section 1295 
elections and satisfying annual reporting requirements for such 
elections, revoking section 1295 elections, and making retroactive 
section 1295 elections.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 623 hours.
    OMB Number: 1545-1565.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Notice 97-64 Temporary Regulations To Be Issued Under 
Section 1(h) of the Internal Revenue Code (Applying Section 1(h) to 
Capital Gain Dividends of RICs and REITs).
    Abstract: Notice 97-64 provides notice of forthcoming temporary 
regulations that will permit Regulated Investment Companies (RICs) and 
Real Estate Investment Trusts (REIT) to distribute multiple classes of 
capital gain dividends.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 1 hour.
    OMB Number: 1545-1590.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-251698-96 (Final) Subchapter S Subsidiaries.
    Abstract: The IRS will use the information provided by taxpayers to 
determine whether a corporation should be treated as an S corporation, 
a C Corporation, or an entity that is disregarded for federal tax 
purposes. The collection of information covered in the regulation is 
necessary for a taxpayer to obtain, retain, or terminate S corporation 
treatment.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 10,110 hours.
    OMB Number: 1545-1691.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-120882-97 (Final) Continuity of Interest.
    Abstract: Taxpayers who entered into a binding agreement on or 
after January 28, 1998 (the effective date of Sec. 1.368-1T), and 
before the effective date of the final regulations under Sec. 1.368-
1(e) may request a private letter ruling permitting them to apply Sec. 
1.368-1(e) to their transaction. A private letter ruling will not be 
issued unless the taxpayer establishes to the satisfaction of the IRS 
that there is not a significant risk of different parties to the 
transaction taking inconsistent positions, for U.S, tax purposes with 
respect to the applicability of Sec. 1.368-1(e) to the transaction.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 1,500 hours.
    OMB Number: 1545-1726.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: TD 9011--Regulations Governing Practice Before the Internal 
Revenue Service.
    Abstract: These regulations affect individuals who are eligible to 
practice before the Internal Revenue Service. These regulations also 
authorize the Director of Practice to act upon applications for 
enrollment to practice before the Internal Revenue Service. The 
Director of Practice will use certain information to ensure that: (1) 
Enrolled agents properly complete continuing education requirements to 
obtain renewal; (2) practitioners properly obtain consent of taxpayers 
before representing conflicting interests; (3) practitioners do not use 
e-commerce to make misleading solicitations.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 50,000 hours.
    OMB Number: 1545-1876.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-166012-02 (NPRM) Notional Contracts; Contingent Non-
periodic Payments.
    Abstract: The collection of information in the proposed regulations 
is in Sec. 1.446-3(g)(6)(vii) of the Income Tax Regulations, requiring 
Taxpayers to maintain in their books and records a description of the 
method used to determine the projected amount of a contingent payment, 
the projected payment schedules, and the adjustments taken into account 
under the proposed regulations. The information is required by the IRS 
to verify compliance with section 446 of the Internal Revenue Code and 
the method of accounting described in Sec. 1.446-3(g)(6).
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 25,500 hours.
    OMB Number: 1545-1738.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Revenue Procedure 2001-29, Leveraged Leases.
    Abstract: Revenue Procedure 2001-29 sets forth the information and 
representations required to be furnished by taxpayers in requests for 
an advance ruling that a leveraged lease transaction is, in fact, a 
valid lease for federal income tax purposes.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 800 hours.
    OMB Number: 1545-2033.
    Type of Review: Extension without change of a currently approved 
collection.

[[Page 29816]]

    Title: Notice 2006-83, Chapter 11 Bankruptcy Cases.
    Abstract: The IRS needs bankruptcy estates and individual chapter 
11 debtors to allocate post-petition income and tax withholding between 
the estate and the debtor. The IRS will use the information in 
administering the internal revenue laws. Respondents will be individual 
debtors and their bankruptcy estates for chapter 11 cases filed after 
October 16, 2005.
    Respondents: Individuals or households.
    Estimated Total Burden Hours: 1,500 hours.
    OMB Number: 1545-1856.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Consent to Disclosure of Return Information.
    Form: 13362.
    Abstract: The Consent Form is provided to external applicant that 
will allow the Service the ability to conduct tax checks to determine 
if an applicant is suitable for employment once they are determined 
qualified and within reach to receive an employment offer.
    Respondents: Federal Government.
    Estimated Total Burden Hours: 7,664 hours.
    OMB Number: 1545-0949.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Application for Special Enrollment Examination.
    Form: 2587.
    Abstract: This information relates to the determination of the 
eligibility of individuals seeking enrollment status to practice before 
the Internal Revenue Service.
    Respondents: Individuals or households.
    Estimated Total Burden Hours: 11,000 hours.
    OMB Number: 1545-1379.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Excise Taxes on Excess Inclusions of REMIC Residual 
Interests.
    Form: 8831.
    Abstract: Form 8831 is used by a real estate mortgage investment 
conduit (REMIC) to figure its excise tax liability under Code sections 
860E(e)(1), 860E(e)(6), and 860E(e)(7). IRS uses the information to 
determine the correct tax liability of the REMIC.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 237 hours.
    OMB Number: 1545-1823.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: e-Services Registration TIN Matching--Application and 
Screens for TIN Matching Interactive/e-Services Products.
    Form: 13350.
    Abstract: E-services is a system which will permit the Internal 
Revenue Services to electronically communicate with third party users 
to support electronic filing and resolve tax administration issues for 
practitioners, payers, states, and Department of Education Contractors 
Registration is required to authenticate users that plan to access e-
services products. This system is a necessary outgrowth of advanced 
information and communication technologies. TIN Matching is one of the 
products available through e-Services offered via the Internet and 
accessible through the irs.gov Web site.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 3,670,000 hours.
    OMB Number: 1545-1863.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: IRS e-file Signature Authorization for Form 1120S.
    Form: 8879-S.
    Abstract: Form 8879-S authorizes an officer of a corporation and an 
electronic return originator (ERO) to use a personal identification 
number (PIN) to electronically sign a corporation's electronic income 
tax return and, if applicable, Electronic Funds Withdrawal Consent.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 74,181 hours.
    OMB Number: 1545-1865.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Notice 2003-75, Registered Retirement Savings Plans (RRSP) 
and Registered Income Funds (RRIF) Information Reporting.
    Abstract: This notice announces an alternative, simplified 
reporting regime for the owners of certain Canadian Individual 
retirement plans that have been subject to reporting on Forms 3520 and 
3520-A, and it describes the interim reporting rules that taxpayers 
must follow until a new form is available.
    Respondents: Individuals or households.
    Estimated Total Burden Hours: 1,500,000 hours.
    OMB Number: 1545-1864.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Form 8879-C, IRS e-file Signature Authorization for Form 
1120; Form 8879-I, IRS e-file Signature Authorization for Form 1120-F.
    Form: 8879-C, 8879-I.
    Abstract: Form 8879-C authorizes an officer of a corporation and an 
electronic return originator (ERO) to use a personal identification 
number (PIN) to electronically sign a corporation's electronic income 
tax return and, if applicable, Electronic Funds Withdrawal Consent. 
Form 8879-I authorizes a corporate officer and an electronic return 
originator (ERO) to use a personal identification number (PIN) to 
electronically sign a corporation's electronic income tax return.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 95,986 hours.
    OMB Number: 1545-1867.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: S Corporation Declaration and Signature for Electronic 
Filing.
    Form: 8453-S.
    Abstract: Form 8453-S is used to authenticate and authorize 
transmittal of an electronic Form 1120S.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 10,530 hours.
    OMB Number: 1545-1868.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-116664-01 (TD 9300-final) Guidance to Facilitate 
Business Electronic Filing.
    Abstract: These regulations remove certain impediments to the 
electronic filing of business tax returns and other forms. The 
regulations reduce the number of instances in which taxpayers must 
attach supporting documents to their tax returns. The regulations also 
expand slightly the required content of a statement certain taxpayers 
must submit with their returns to justify deductions for charitable 
contributions.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 250,000 hours.
    OMB Number: 1545-1871.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-122379-02 (TD 9165-final) Regulations Governing Practice 
Before the Internal Revenue Service.

[[Page 29817]]

    Abstract: These disclosures will ensure that taxpayers are provided 
with adequate information regarding the limits of tax shelter advice 
that they receive, and also ensure that practitioners properly advise 
taxpayers of relevant information with respect to tax shelter opinions.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 13,333 hours.
    OMB Number: 1545-2030.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-120509-06 (TD 9465-Final), Determination of Interest 
Expense Deduction of Foreign Corporations.
    Abstract: This document contains final regulations under section 
882(c) of the Internal Revenue Code concerning the determination of the 
interest expense deduction of foreign corporations engaged in a trade 
or business within the United States. These final regulations conform 
the interest expense rules to recent U.S. Income Tax Treaty agreements 
and adopt other changes to improve compliance.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 35 hours.
    OMB Number: 1545-2032.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Income Verification Express Service Application and Employee 
Delegation Form.
    Form: 13803.
    Abstract: Form 13803, Income Verification Express Service 
Application and Employee Delegation Form, is used to submit the 
required information necessary to complete the e-services enrollment 
process for IVES users and to identify delegates receiving transcripts 
on behalf of the principle account user.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 100 hours.
    OMB Number: 1545-2075.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Form 13614-NR, Nonresident Alien Intake and Interview Sheet.
    Form: 13614-NR.
    Abstract: The completed form is used by screeners, preparers, or 
others involved in the return preparation process to more accurately 
complete tax returns of International Students and Scholars. These 
persons need assistance having their returns prepared so they can fully 
comply with the law.
    Respondents: Individuals or households.
    Estimated Total Burden Hours: 141,260 hours.
    OMB Number: 1545-2077.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: EFTPS Individual Enrollment with Third Party Authorization 
Form.
    Form: 9783T.
    Abstract: The information derived from the Form 9783T will allow 
individual taxpayers to authorize a Third Party to pay their federal 
taxes on their behalf using the Electronic Federal Tax Payment System 
(EFTPS).
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 167 hours.
    OMB Number: 1545-1866.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: U.S. Corporation Income Tax Declaration for an IRS e-file 
Return.
    Form: 8453-C, 8453-I.
    Abstract: Form 8453-C is used to enable the electronic filing of 
Form 1120. Form 8453-I is used to enable the electronic filing of Form 
1120-F.
    Respondents: Private Sector: Businesses or other for-profits.
    Estimated Total Burden Hours: 28,880 hours.
    Bureau Clearance Officer: R. Joseph Durbala, Internal Revenue 
Service, 1111 Constitution Avenue, NW., Room 6129, Washington, DC 
20224; (202) 622-3634.
    OMB Reviewer: Shagufta Ahmed, Office of Management and Budget, New 
Executive Office Building, Room 10235, Washington, DC 20503; (202) 395-
7873.

Celina Elphage,
Treasury PRA Clearance Officer.
[FR Doc. 2010-12761 Filed 5-26-10; 8:45 am]
BILLING CODE 4830-01-P