Federal Register / Vol. 74, No. 92 / Thursday, May 14, 2009 / Notices 22805 

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 

982, Reduction of Tax Attributes Due to 

Discharge of Indebtedness (and Section 

1082 Basis Adjustment). 

DATES: Written comments should be 

received on or before July 13, 2009 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 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 Carolyn N. Brown, 

(202) 622–6688, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Reduction of Tax Attributes Due 

to Discharge of Indebtedness (and 

Section 1082 Basis Adjustment). 

OMB Number: 1545–0046. 

Form Number: 982. 

Abstract: Internal Revenue Code 

section 108 allows taxpayers to exclude 

from gross income amounts attributable 

to discharge of indebtedness in title 11 

cases, insolvency, or a qualified farm 

indebtedness. Code section 1081(b) 

allows corporations to exclude from 

gross income amounts attributable to 

certain transfers of property. The data is 

used to verify adjustments to basis of 

property and reduction of tax attributes. 

Current Actions: Form 982 was 

revised due to qualified individuals of 

the Midwestern disasters (Pub. L. 110– 

343). This revision resulted in an 

additional 4 code references and 2 line 

items. 

Type of Review: Revision of a 

currently approved collection. 

Affected Public: Businesses or other 

for-profit organizations, individuals or 

households, farms, Federal government 

and state, local or tribal government. 

Estimated Number of Responses: 667. 

Estimated Time per Response: 12 hrs., 

2 min. 

Estimated Total Annual Burden 

Hours: 8,031. 

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: April 28, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–11216 Filed 5–13–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 851 

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 

851, Affiliations Schedule. 

DATES: Written comments should be 

received on or before July 13, 2009 to be 

assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 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 Carolyn N. Brown, 

(202) 622–6688, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Affiliations Schedule. 

OMB Number: 1545–0025. 

Form Number: 851. 

Abstract: Form 851 is filed by the 

parent corporation for an affiliated 

group of corporations that files a 

consolidated return (Form 1120). Form 

851 provides IRS with information on 

the names and identification numbers of 

the members of the affiliated group, the 

taxes paid by each member of the group, 

and stock ownership, changes in stock 

ownership and other information to 

determine that each corporation is a 

qualified member of the affiliated group 

as defined in Internal Revenue Code 

section 1504. 

Current Actions: There are no changes 

being made to Form 851 at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Businesses or other 

for-profit organizations and farms. 

Estimated Number of Responses: 

4,000. 

Estimated Time per Response: 12 hrs., 

46 min. 

Estimated Total Annual Burden 

Hours: 51,040. 

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 


pwalker on PROD1PC71 with NOTICES
22806 Federal Register / Vol. 74, No. 92 / Thursday, May 14, 2009 / Notices 

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: April 28, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–11214 Filed 5–13–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Fiscal Service 

Surety Companies Acceptable on 

Federal Bonds: First Net Insurance 

Company 

AGENCY: Financial Management Service, 

Fiscal Service, Department of the 

Treasury. 

ACTION: Notice. 

SUMMARY: This is Supplement No. 14 to 

the Treasury Department Circular 570, 

2008 Revision, published July 1, 2008, 

at 73 FR 37644. 

FOR FURTHER INFORMATION CONTACT: 

Surety Bond Branch at (202) 874–6850. 

SUPPLEMENTARY INFORMATION: A 

Certificate of Authority as an acceptable 

surety on Federal bonds is hereby 

issued under 31 U.S.C. 9305 to the 

following company: First Net Insurance 

Company (NAIC #10972). Business 

Address: 102 Julale Center, Hagatna, GU 

96910. Phone: (671) 477–8613. 

Underwriting Limitation b/: $634,000. 

Surety Licenses c/: GU, MP. 

Incorporated IN: GU. 

Federal bond-approving officers 

should annotate their reference copies 

of the Treasury Circular 570 

(‘‘Circular’’), 2008 Revision, to reflect 

this addition. 

Certificates of Authority expire on 

June 30th each year, unless revoked 

prior to that date. The Certificates are 

subject to subsequent annual renewal as 

long as the companies remain qualified 

(see 31 CFR part 223). A list of qualified 

companies is published annually as of 

July 1st in the Circular, which outlines 

details as to the underwriting 

limitations, areas in which companies 

are licensed to transact surety business, 

and other information. 

The Circular may be viewed and 

downloaded through the Internet at 

http://www.fms.treas.gov/c57O. 

Questions concerning this Notice may 

be directed to the U.S. Department of 

the Treasury, Financial Management 

Service, Financial Accounting and 

Services Division, Surety Bond Branch, 

3700 East-West Highway, Room 6F01, 

Hyattsville, MD 20782. 

Dated: April 28, 2009. 

Rose M. Miller, 

Acting Director, Financial Accounting and 

Services Division. 

[FR Doc. E9–11250 Filed 5–13–09; 8:45 am] 

BILLING CODE 4810–35–M 

DEPARTMENT OF THE TREASURY 

Fiscal Service 

Surety Companies Acceptable on 

Federal Bonds—Termination and 

Merger: Seaboard Surety Company 

AGENCY: Financial Management Service, 

Fiscal Service, Department of the 

Treasury. 

ACTION: Notice. 

SUMMARY: This is Supplement No. 11 to 

the Treasury Department Circular 570, 

2008 Revision, published June 30, 2008, 

at 73 FR 37644. 

FOR FURTHER INFORMATION CONTACT: 

Surety Bond Branch at (202) 874–6850. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that the Certificate of 

Authority issued by the Treasury to the 

above-named company under 31 U.S.C. 

9305 to qualify as acceptable surety on 

Federal bonds has been terminated. The 

Seaboard Surety Company (NAIC# 

22535) merged with and into Travelers 

Casualty and Surety Company of 

America (NAIC# 31194) effective 

January 1, 2009. The surviving 

corporation of the merger activity is 

Travelers Casualty and Surety Company 

of America (NAIC# 31194), a 

Connecticut domiciled corporation. 

Federal bond-approving officials should 

annotate their reference copies of the 

Treasury Department Circular 570 

(‘‘Circular’’), 2008 Revision, to reflect 

this change. 

In the event bond-approving officers 

have questions relating to bonds issued 

by the above-named company that has 

merged with and into Travelers Casualty 

and Surety Company of America 

(NAIC# 31194), they should contact 

Travelers Casualty and Surety Company 

of America at (860) 277–0111. 

The Circular may be viewed and 

downloaded through the Internet at 

http://www.fms.treas.gov/c570. 

Questions concerning this notice may 

be directed to the U.S. Department of 

the Treasury, Financial Management 

Service, Financial Accounting and 

Services Division, Surety Bond Branch, 

3700 East-West Highway, Room 6F01, 

Hyattsville, MD 20782. 

Dated: April 28, 2009. 

Rose M. Miller, 

Acting Director, Financial Accounting and 

Services Division, Financial Management 

Service. 

[FR Doc. E9–11251 Filed 5–13–09; 8:45 am] 

BILLING CODE 4810–35–M 

DEPARTMENT OF THE TREASURY 

Fiscal Service 

Surety Companies Acceptable on 

Federal Bonds—Termination and 

Merger: Surety Company of the Pacific 

AGENCY: Financial Management Service, 

Fiscal Service, Department of the 

Treasury. 

ACTION: Notice. 

SUMMARY: This is Supplement No. 12 to 

the Treasury Department Circular 570, 

2006 Revision, published June 30, 2008, 

at 73 FR 37644. 

FOR FURTHER INFORMATION CONTACT: 

Surety Bond Branch at (202) 874–6850. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that the Certificate of 

Authority issued by the Treasury to 

Surety Company of the Pacific (NAIC# 

12793) under 31 U.S.C. 9305 to qualify 

as acceptable surety on Federal bonds 

has been terminated. The above-named 

company merged with and into 

American Contractors Indemnity 

Company (NAIC# 10216) effective 

March 2, 2009. The surviving 

corporation of the merger activity is 

American Contractors Indemnity 

Company (NAIC# 10216), a California 

domiciled corporation. Federal bondapproving officials should annotate 

their reference copies of the Treasury 

Department Circular 570 (‘‘Circular’’), 

2008 Revision, to reflect this change. 

In the event bond-approving officers 

have questions relating to bonds issued 

by the Surety Company of the Pacific 

(NAIC# 12793) that has merged with 

and into American Contractors 

Indemnity Company (NAIC# 10216), 

they should contact American 

Contractors Indemnity Company at 

(310) 649–0990. 

The Circular may be viewed and 

downloaded through the Internet at 

www.fms.treas.gov/c570. 

Questions concerning this notice may 

be directed to the U.S. Department of 

the Treasury, Financial Management 

Service, Financial Accounting and 

Services Division, Surety Bond Branch, 

3700 East-West Highway, Room 6F01, 

Hyattsville, MD 20782. 


pwalker on PROD1PC71 with NOTICES