Federal Register / Vol. 74, No. 99 / Tuesday, May 26, 2009 / Notices 24899 

OMB Number: 1506–0026. 

Type of Review: Extension. 

Title: Customer identification 

programs for banks, savings 

associations, credit unions, and certain 

non-federally regulated banks. 

Description: Banks, savings 

associations, credit unions, and certain 

non-federally regulated banks are 

required to develop and maintain 

customer identification programs. See 

31 CFR 103.121. 

Respondents: Businesses or other forprofits. 

Estimated Total Reporting Burden: 

242,660 hours. 

OMB Number: 1506–0006. 

Type of Review: Revision. 

Form: 102. 

Title: Suspicious Activity Report by 

Casinos and Card Clubs. 

Description: Under 31 CFR 103.21, the 

Treasury is requiring casinos and card 

clubs with annual gaming revenue of 

more than $1,000,000 to report 

suspicious activities. 

Respondents: Businesses or other forprofits. 

Estimated Total Reporting Burden: 

33,600 hours. 

Clearance Officer: Russell Stephenson 

(202) 354–6012, Department of the 

Treasury, Financial Crimes Enforcement 

Network, P.O. Box 39, Vienna, VA 

22183. 

OMB Reviewer: Shagufta Ahmed, 

(202) 395–7873, Office of Management 

and Budget, Room 10235, New 

Executive Office Building, Washington, 

DC 20503. 

Celina Elphage, 

Treasury PRA Clearance Officer. 

[FR Doc. E9–12125 Filed 5–22–09; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

May 18, 2009. 

The Department of the Treasury will 

submit the following public information 

collection requirement(s) 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. 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 11000, and 1750 

Pennsylvania Avenue, NW., 

Washington, DC 20220. 

DATES: Written comments should be 

received on or before June 25, 2009 to 

be assured of consideration. 

Internal Revenue Service (IRS) 

OMB Number: 1545–1806. 

Type of Review: Revision. 

Form: 8883. 

Title: Asset Allocation Statement 

Under 338. 

Description: Form 8883 is used to 

report information regarding 

transactions involving the deemed sale 

of corporate assets under section 338. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 4,881 

hours. 

OMB Number: 1545–1536. 

Type of Review: Extension. 

Title: Guidance Regarding Charitable 

Remainder Trusts and Special Valuation 

Rules for Transfer of Interests in Trusts 

REG–209823–96 (Final). 

Description: The recordkeeping 

requirement in the regulation provides 

taxpayers with an alternative method for 

complying with Congressional intent 

regarding charitable remainder trusts. 

The recordkeeping alternative may be 

less burdensome for taxpayers. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 75 

hours. 

OMB Number: 1545–0132. 

Type of Review: Extension. 

Form: 1120–X. 

Title: Amended U.S. Corporation 

Income Tax Return. 

Description: Domestic corporations 

use Form 1120X to correct a previously 

filed Form 1120 or 1120A. The data is 

used to determine if the correct tax 

liability has been reported. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 

300,582 hours. 

OMB Number: 1545–1965. 

Type of Review: Extension. 

Title: REG–133446–03 (Final) 

Guidance on Passive Foreign Company 

(PFIC) Purging Elections. 

Description: The IRS needs the 

information to substantiate the 

taxpayer’s computation of the taxpayer’s 

share of the PFIC’s post-1986 earning 

and profits. 

Respondents: Individuals or 

Households. 

Estimated Total Burden Hours: 250 

hours. 

Clearance Officer: R. Joseph Durbala 

(202) 622–3634, Internal Revenue 

Service, Room 6516, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

OMB Reviewer: Shagufta Ahmed, 

(202) 395–7873, Office of Management 

and Budget, Room 10235, New 

Executive Office Building, Washington, 

DC 20503. 

Celina Elphage, 

Treasury PRA Clearance Officer. 

[FR Doc. E9–12131 Filed 5–22–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

May 19, 2009. 

The Department of the Treasury will 

submit the following public information 

collection requirement(s) 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. 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 11000, 1750 

Pennsylvania Avenue, NW., 

Washington, DC 20220. 

Dates: Written comments should be 

received on or before June 25, 2009 to 

be assured of consideration. 

Financial Crimes Enforcement Network 

(FinCEN) 

OMB Number: 1506–0022. 

Type of Review: Revision. 

Title: Customer Identification 

Programs for Futures Commission 

Merchants and Introducing Brokers. 

Description: Futures commission 

merchants and introducing brokers are 

required to develop and maintain a 

customer identification program. A copy 

of the program must be maintained for 

five years. See 31 CFR 103.123. 

Respondents: Businesses or other forprofits. 

Estimated Total Reporting Burden: 

307,065 hours. 

OMB Number: 1506–0034. 

Type of Review: Extension. 

Title: Customer Identification 

Programs for Broker-Dealers. 

Description: Broker-dealers are 

required to establish and maintain a 

customer identification program. A copy 

of the program must be maintained for 

five years. See 31 CFR 103.122. 

Respondents: Businesses or other forprofits. 

Estimated Total Reporting Burden: 

630,896 hours. 

Clearance Officer: Russell Stephenson 

(202) 354–6012, Department of the 

Treasury, Financial Crimes Enforcement 

24900 Federal Register / Vol. 74, No. 99 / Tuesday, May 26, 2009 / Notices 

Network, P.O. Box 39, Vienna, VA 

22183. 

OMB Reviewer: Shagufta Ahmed (202) 

395–7873, Office of Management and 

Budget, Room 10235, New Executive 

Office Building, Washington, DC 20503. 

Celina Elphage, 

Treasury PRA Clearance Officer. 

[FR Doc. E9–12126 Filed 5–22–09; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Submission for OMB Review; 

Comment Request 

May 19, 2009. 

The Department of the Treasury will 

submit the following public information 

collection requirement(s) 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. 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 11000, 1750 

Pennsylvania Avenue, NW., 

Washington, DC 20220. 

DATES: Written comments should be 

received on or before June 25, 2009 to 

be assured of consideration. 

Internal Revenue Service (IRS) 

OMB Number: 1545–1822. 

Type of Review: Extension. 

Title: Revenue Procedure 2003–11, 

Offshore Voluntary Compliance 

Initiative. 

Description: Revenue Procedure 

2003–11 describes the Offshore 

Voluntary Compliance Initiative, which 

is directed at taxpayers that have underreported their tax liability through 

financial arrangements outside the 

United States that rely on the use of 

credit, debit, or charge cards (offshore 

credit cards) or foreign banks, financial 

institutions, corporations, partnership, 

trusts, or other entities (offshore 

financial arrangements). Taxpayers that 

participate in the initiative and provide 

the information and material that their 

participation requires can avoid certain 

penalties. 

Respondents: Individuals or 

Households. 

Estimated Total Burden Hours: 

100,000 hours. 

OMB Number: 1545–1516. 

Type of Review: Extension. 

Form: 8832. 

Title: Entity Classification Election. 

Description: An eligible entity that 

chooses not to be classified under the 

default rules or that wishes to change its 

current classification must file Form 

8832 to elect a classification. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 23,200 

hours. 

OMB Number: 1545–1434. 

Type of Review: Extension. 

Title: CO–26–96 (Final) Regulations 

Under Section 382 of the Internal 

Revenue Code of 1986; Application of 

Section 382 in Short Taxable Years and 

With Respect to Controlled Groups. 

Description: Section 382 limits the 

amount of income that can be offset by 

loss carryovers after an ownership 

change. These regulations provide rules 

for applying section 382 in the case of 

short taxable years and with respect to 

controlled groups. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 875 

hours. 

OMB Number: 1545–1380. 

Type of Review: Extension. 

Title: IA–17–90 (Final) Reporting 

Requirements for Recipients of Points 

paid on residential mortgages. 

Description: To encourage compliance 

with the tax laws relating to the 

mortgage interest deduction, the 

regulations require the reporting on 

Form 1098 of points paid on residential 

mortgage. Only businesses that receive 

mortgage interest in the course of a trade 

or business are affected by this reporting 

requirement. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 

283,056 hours. 

OMB Number: 1545–1241. 

Type of Review: Extension. 

Title: PS–92–90 (Final) Special 

Valuation Rules. 

Description: Section 2701 of the 

Internal Revenue Code allows various 

elections by family members who make 

gifts of common stock or partnership 

interests and retain senior interest. The 

elections affect the value of the gifted 

interests and the retained interests. 

Respondents: Individuals or 

Households. 

Estimated Total Burden Hours: 496 

hours. 

OMB Number: 1545–1225. 

Type of Review: Extension. 

Form: 5310–A. 

Title: Notice of Plan Merger or 

Consolidation, Spinoff, or Transfer of 

Plan Assets or Liabilities; Notice of 

Qualified Separate Lines of Business. 

Description: Plan administrators are 

required to notify IRS of any plan 

mergers, consolidations, spinoffs, or 

transfers of plan assets or liabilities to 

another plan. Employers are required to 

notify IRS of separate lines of business 

for their deferred compensation plans. 

Form 5310–A is used to make these 

notifications. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 

158,800 hours. 

OMB Number: 1545–1540. 

Type of Review: Extension. 

Title: REG–125071–06 (Final) 

Reporting Requirements for Widely 

Held Fixed Investment Trusts (TD 9308) 

(previously TD 9279). 

Description: The regulations clarify 

the reporting requirements of trustees 

and middlemen involved with widely 

held fixed investment trusts. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 2,400 

hours. 

OMB Number: 1545–1673. 

Type of Review: Extension. 

Title: Revenue Procedure 2008–50 

Employee Plans Compliance Resolution 

System (previously RP 2006–27). 

Description: The information 

requested in Revenue Procedure 2008– 

50 is required to enable the Internal 

Revenue Service to make 

determinations on the issuance of 

various types of closing agreements and 

compliance statements. The issuance of 

the agreements and statements allows 

individual plans to maintain their taxqualified status. As a result, the 

favorable tax treatment of the benefits of 

the eligible employees is retained. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 76,222 

hours. 

OMB Number: 1545–1979. 

Type of Review: Extension. 

Form: 8908. 

Title: Energy Efficient New Home 

Credit. 

Description: Contractors will use 

Form 8908 to claim the new energy 

efficient home credit for homes 

substantially completed after August 8, 

2005 and sold for use as personal 

residences after January 1, 2006. 

Respondents: Businesses or other forprofits. 

Estimated Total Burden Hours: 

512,820 hours. 

OMB Number: 1545–1952. 

Type of Review: Extension. 

Title: Automatic Consent for Eligible 

Educational Institution to Change 

Reporting Methods. 

Description: This revenue procedure 

prescribes how an eligible educational 

institution may obtain automatic