50672 Federal Register / Vol. 73, No. 167 / Wednesday, August 27, 2008 / Notices 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 2,950 

hours. 

OMB Number: 1545–1910. 

Type of Review: Extension. 

Title: Information Return of U.S. 

Persons With Respect to Foreign 

Disregarded Entities (Form 8858); and 

Transactions Between Foreign 

Disregarded Entity of a Foreign Tax 

Owner and the Filer. 

Form: 8858. 

Description: Form 8858 and Schedule 

M (Form 8858) are used by certain U.S. 

persons that own a foreign disregarded 

entity (FDE) directly or, in certain 

circumstances, indirectly or 

constructively. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 

1,832,500 hours. 

OMB Number: 1545–1792. 

Type of Review: Extension. 

Title: REG–164754–01 (FINAL) SplitDollar Life Insurance Arrangements. 

Description: The proposed regulations 

provide guidance for loans made 

pursuant to a split-dollar life insurance 

arrangement. To obtain a particular 

treatment under the regulations for 

certain split-dollar loans, the parties to 

the loan must make a written 

representation, which must be kept as 

part of their books and records and a 

copy filed with their federal income tax 

returns. In addition, if a split-dollar loan 

provides for contingent payments, the 

lender must produce a projected 

payment schedule for the loan and give 

the borrower a copy of the schedule. 

This schedule is used by parties to 

compute their interest accruals and any 

imputed transfers for tax purposes. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 32,500 

hours. 

OMB Number: 1545–1139. 

Type of Review: Extension. 

Title: PS–264–82 (Final) Adjustments 

to Basis of Stock and Indebtedness to 

Shareholders of S Corporations and 

Treatment of Distributions by S 

Corporations to Shareholders; REG–

144859–04—Section 1367. 

Description: The regulations provide 

the procedures and the statements to be 

filed by S corporations for making the 

election provided under section 1368, 

and by shareholders who choose to 

reorder items that decrease their basis. 

Statements required to be filled will be 

used to verify that taxpayers are 

complying with the requirements 

imposed by Congress. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 450 

hours. 

OMB Number: 1545–1381. 

Type of Review: Extension. 

Title: CO–49–88 (Final) Limitations 

on Corporate Net Operating Loss. 

Description: This regulation provides 

rules for the allocation of a loss 

corporation’s taxable income or net 

operating loss between the periods 

before and after an ownership change 

under section 382 of the Code, 

including an election to make the 

allocation based on a closing of the 

books as of the change date. 

Respondents: Businesses and other 

for-profit institutions. 

Estimated Total Burden Hours: 200 

hours. 

OMB Number: 1545–1763. 

Type of Review: Revision. 

Title: Direct Deposit of Refund of $1 

Million or more. 

Form: 8302. 

Description: This form is used to 

request a deposit of a tax refund of $1 

million or more directly into an account 

at any U.S. bank or other financial 

institution. 

Respondents: Businesses and other 

for-profit institutions. 

Estimated Total Burden Hours: 1,088 

hours. 

OMB Number: 1545–0879. 

Type of Review: Extension. 

Title: IA–195–78 (Final) Certain 

Returned Magazines, Paperbacks or 

Records 

Description: The regulations provide 

rules relating to an exclusion from gross 

income for certain returned 

merchandise. The regulations provide 

that in addition to physical return of the 

merchandise, a written statement listing 

certain information may constitute 

evidence of the return. Taxpayers who 

receive physical evidence of the return 

may, in lieu of retaining physical 

evidence, retain documentary evidence 

of the return. Taxpayers in the trade or 

business of selling magazines, 

paperbacks, or records, who elect to use 

a certain method of accounting, are 

affected. 

Respondents: Businesses and other 

for-profit institutions. 

Estimated Total Burden Hours: 8,125 

hours. 

OMB Number: 1545–1921. 

Type of Review: Extension. 

Title: Continuation Sheet for Item #16 

(Additional Information) OF–306, 

Declaration for Federal Employment. 

Form: 12114. 

Description: Form 12114 is used as a 

continuation to the OF–306 to provide 

additional space for capturing 

additional information. 

Respondents: Individuals or 

households. 

Estimated Total Burden Hours: 6,203 

hours. 

OMB Number: 1545–0094. 

Type of Review: Revision. 

Title: U.S. Information Return-Trust 

Accumulation of Charitable Amounts. 

Form: 1041–A. 

Description: Form 1041–A is used to 

report the information required in 26 

U.S.C. 6034 concerning accumulation 

and distribution of charitable amounts. 

The data is used to verify that amounts 

for which a charitable deduction was 

allowed are used for charitable 

purposes. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 

4,396,854 hours. 

OMB Number: 1545–1918. 

Type of Review: Extension. 

Title: Supplement to OF–612, 

Optional Application for Federal 

Employment. 

Form: 12885. 

Description: Form 12885 is used as a 

supplement to the OF–612 to provide 

additional space for capturing work 

history. 

Respondents: Businesses or other forprofit institutions. 

Estimated Total Burden Hours: 12,406 

hours. 

Clearance Officer: 

Glenn P. Kirkland, (202) 622–3428, 

Internal Revenue Service, Room 6516, 

1111 Constitution Avenue, NW., 

Washington, DC 20224. 

OMB Reviewer: Alexander T. Hunt, 

(202) 395–7316, Office of Management 

and Budget, Room 10235, New 

Executive Office Building, Washington, 

DC 20503. 

Robert Dahl, 

Treasury PRA Clearance Officer. 

[FR Doc. E8–19815 Filed 8–26–08; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0061] 

Proposed Information Collection 

(Request for Supplies (Chapter 31–

Vocational Rehabilitation)); Comment 

Request 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: The Veterans Benefits 

Administration (VBA), Department of 


sroberts on PROD1PC70 with NOTICES
Federal Register / Vol. 73, No. 167 / Wednesday, August 27, 2008 / Notices 50673 

Veterans Affairs (VA), is announcing an 

opportunity for public comment on the 

proposed collection of certain 

information by the agency. Under the 

Paperwork Reduction Act (PRA) of 

1995, Federal agencies are required to 

publish notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

extension of a currently approved 

collection and allow 60 days for public 

comment in response to the notice. This 

notice solicits comments for information 

needed to determine whether supplies 

requested for a veteran’s rehabilitation 

program are necessary. 

DATES: Written comments and 

recommendations on the proposed 

collection of information should be 

received on or before October 27, 2008. 

ADDRESSES: Submit written comments 

on the collection of information through 

http://www.Regulations.gov or to Nancy 

J. Kessinger, Veterans Benefits 

Administration (20M35), Department of 

Veterans Affairs, 810 Vermont Avenue, 

NW., Washington, DC 20420 or e-mail to 

nancy.kessinger@va.gov. Please refer to 

‘‘OMB Control No. 2900–0061’’ in any 

correspondence. During the comment 

period, comments may be viewed online 

through the Federal Docket Management 

System (FDMS) at http:// 

www.Regulations.gov. 

FOR FURTHER INFORMATION CONTACT: 

Nancy J. Kessinger at (202) 461–9769 or 

FAX (202) 275–5947. 

SUPPLEMENTARY INFORMATION: Under the 

PRA of 1995 (Pub. L. 104–13; 44 U.S.C. 

3501–3521), Federal agencies must 

obtain approval from the Office of 

Management and Budget (OMB) for each 

collection of information they conduct 

or sponsor. This request for comment is 

being made pursuant to Section 

3506(c)(2)(A) of the PRA. 

With respect to the following 

collection of information, VBA invites 

comments on: (1) Whether the proposed 

collection of information is necessary 

for the proper performance of VBA’s 

functions, including whether the 

information will have practical utility; 

(2) the accuracy of VBA’s estimate of the 

burden of the proposed collection of 

information; (3) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and (4) 

ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

the use of other forms of information 

technology. 

Title: Request for Supplies (Chapter 

31–Vocational Rehabilitation), VA Form 

28–1905m. 

OMB Control Number: 2900–0061. 

Type of Review: Extension of a 

currently approved collection. 

Abstract: VA Form 28–1905m is used 

to request supplies for veterans in 

rehabilitation programs. The official at 

the facility providing rehabilitation 

services to the veteran completes the 

form and certifies that the veteran needs 

the supplies for his or her program and 

that the veteran does not have the 

requested item in his or her possession 

and the veteran certifies that he or she 

is not in possession of any of the 

supplies listed on the form. 

Affected Public: Not-for-profit 

institutions, individuals or households, 

business or other for-profit, and farms. 

Estimated Annual Burden: 12,000 

hours. 

Estimated Average Burden Per 

Respondent: 60 minutes. 

Frequency of Response: On occasion. 

Estimated Number of Respondents: 

12,000. 

Dated: August 21, 2008. 

By direction of the Secretary. 

Denise McLamb, 

Program Analyst, Records Management 

Service. 

[FR Doc. E8–19900 Filed 8–26–08; 8:45 am] 

BILLING CODE 8320–01–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0580] 

Proposed Information Collection 

(Request for Transportation Expense 

Reimbursement (38 CFR 21.8370)) 

Activity; Comment Request 

AGENCY: Veterans Benefits 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: The Veterans Benefits 

Administration (VBA), Department of 

Veterans Affairs (VA), is announcing an 

opportunity for public comment on the 

proposed collection of certain 

information by the agency. Under the 

Paperwork Reduction Act (PRA) of 

1995, Federal agencies are required to 

publish notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

extension of a currently approved 

collection, and allow 60 days for public 

comment in response to the notice. This 

notice solicits comments on the 

information needed to determine 

children with spina bifida eligibility for 

reimbursement of transportation 

expenses. 

DATES: Written comments and 

recommendations on the proposed 

collection of information should be 

received on or before October 27, 2008. 

ADDRESSES: Submit written comments 

on the collection of information through 

http://www.Regulations.gov; or to Nancy 

J. Kessinger, Veterans Benefits 

Administration (20M35), Department of 

Veterans Affairs, 810 Vermont Avenue, 

NW., Washington, DC 20420 or e-mail: 

nancy.kessinger@va.gov. Please refer to 

‘‘OMB Control No. 2900–0580’’ in any 

correspondence. During the comment 

period, comments may be viewed online 

through the Federal Docket Management 

System (FDMS) at http:// 

www.Regulations.gov. 

FOR FURTHER INFORMATION CONTACT: 

Nancy J. Kessinger at (202) 461–9769 or 

FAX (202) 275–5947. 

SUPPLEMENTARY INFORMATION: Under the 

PRA of 1995 (Pub. L. 104–13; 44 U.S.C. 

3501–3521), Federal agencies must 

obtain approval from the Office of 

Management and Budget (OMB) for each 

collection of information they conduct 

or sponsor. This request for comment is 

being made pursuant to Section 

3506(c)(2)(A) of the PRA. 

With respect to the following 

collection of information, VBA invites 

comments on: (1) Whether the proposed 

collection of information is necessary 

for the proper performance of VBA’s 

functions, including whether the 

information will have practical utility; 

(2) the accuracy of VBA’s estimate of the 

burden of the proposed collection of 

information; (3) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and (4) 

ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

the use of other forms of information 

technology. 

Title: Request for Transportation 

Expense Reimbursement (38 CFR 

21.8370). 

OMB Control Number: 2900–0580. 

Type of Review: Extension of a 

currently approved collection. 

Abstract: Children of Vietnam 

veterans born with spina bifida and 

receiving vocational training or seeking 

employment may request 

reimbursement for transportation 

expenses. To be eligible, the child must 

provide supportive documentation of 

actual expenses incurred for the travel. 

VA uses the information collected to 

determine if the child is unable to 

pursue a vocational training or 

employment without travel assistance. 

Affected Public: Individuals or 

households. 

Estimated Annual Burden: 63 hours. 


sroberts on PROD1PC70 with NOTICES