54628 Federal Register / Vol. 74, No. 203 / Thursday, October 22, 2009 / Notices 

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 an 

existing final regulation, REG–209373– 

81 (TD 8797), Election to Amortize 

Start-Up Expenditures for Active Trade 

or Business (§ 1.195–1). 

DATES: Written comments should be 

received on or before December 21, 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 regulation should be 

directed to Allan Hopkins, at (202) 622– 

6665, or at Internal Revenue Service, 

Room 6129, 1111 Constitution Avenue, 

NW., Washington, DC 20224, or through 

the Internet, at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Election to Amortize Start-Up 

Expenditures for Active Trade or 

Business. 

OMB Number: 1545–1582. 

Regulation Project Number: REG– 

209373–81. 

Abstract: Section 1.195–1 of the 

regulation provides that start-up 

expenditures may, at the discretion of 

the taxpayer, be amortized over a period 

of not less than 60 months beginning 

with the month the active trade or 

business begins. Taxpayers may elect to 

amortize start-up expenditures by filing 

a statement with their tax return for the 

taxable year in which the trade or 

business begins. 

Current Actions: There is no change to 

this existing regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

150,000. 

Estimated Time per Respondent: 15 

minutes. 

Estimated Total Annual Burden 

Hours: 37,500. 

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: October 13, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–25280 Filed 10–21–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 6118 

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 

6118, Claim of Income Tax Return 

Preparer Penalties. 

DATES: Written comments should be 

received on or before December 21, 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 Allan Hopkins at 

Internal Revenue Service, Room 6129, 

1111 Constitution Avenue, NW., 

Washington, DC 20224, or at (202) 622– 

6665, or through the Internet at 

Allan.M.Hopkins@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Claim of Income Tax Return 

Preparer Penalties. 

OMB Number: 1545–0240. 

Form Number: 6118. 

Abstract: Form 6118 is used by tax 

return preparers to file for a refund of 

penalties incorrectly charged. The 

information enables the IRS to process 

the claim and have the refund issued to 

the tax return preparer. 

Current Actions: Although there were 

no significant changes being made to the 

form at this time, we recalculated the 

burden to more accurately reflect the 

structure of the form. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations and individuals or 

households. 

Estimated Number of Respondents: 

10,000. 

Estimated Time per Respondent: 1 

hour, 8 minutes. 

Estimated Total Annual Burden 

Hours: 11,400. 

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 


dcolon on DSK2BSOYB1PROD with NOTICES
Federal Register / Vol. 74, No. 203 / Thursday, October 22, 2009 / Notices 54629 

1Board of Governors of the Federal Reserve 

System; Federal Deposit Insurance Corporation; and 

Office of Thrift Supervision. 

2 72 FR 69288 (December 7, 2007). 

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: October 9, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–25384 Filed 10–21–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Comptroller of the Currency 

Agency Information Collection 

Activities: Submission for OMB 

Review; Comment Request 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The OCC, 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 a continuing information 

collection, as required by the Paperwork 

Reduction Act of 1995. An agency may 

not conduct or sponsor, and a 

respondent is not required to respond 

to, an information collection unless it 

displays a currently valid Office of 

Management and Budget (OMB) control 

number. The OCC is soliciting comment 

concerning its information collection 

titled, ‘‘Risk-Based Capital Standards— 

Advanced Capital Adequacy 

Framework.’’ The OCC also gives notice 

that it has sent the information 

collection to OMB for review. 

DATES: Comments must be submitted on 

or before November 23, 2009. 

ADDRESSES: You should direct your 

comments to: Communications 

Division, Office of the Comptroller of 

the Currency, Public Information Room, 

Mail Stop 2–3, Attention: 1557–0234, 

250 E Street, SW., Washington, DC 

20219. In addition, comments may be 

sent by fax to (202) 874–5274, or by 

electronic mail to 

regs.comments@occ.treas.gov. You may 

personally inspect and photocopy 

comments at the OCC, 250 E Street, 

SW., Washington, DC. For security 

reasons, the OCC requires that visitors 

make an appointment to inspect 

comments. You may do so by calling 

(202) 874–4700. Upon arrival, visitors 

will be required to present valid 

government-issued photo identification 

and submit to security screening in 

order to inspect and photocopy 

comments. 

Additionally, you should send a copy 

of your comments to: OCC Desk Officer 

[1557–0234], by mail to the Office of 

Information and Regulatory Affairs, U.S. 

Office of Management and Budget, New 

Executive Office Building, Room 10235, 

725 17th Street, NW., Washington, DC 

20503, or by fax to (202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information or a 

copy of the collection from Mary H. 

Gottlieb, OCC Clearance Officer, (202) 

874–5090, Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, 250 E 

Street, SW., Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: The OCC 

is proposing to extend without change 

approval of the following information 

collection: 

Title: Risk-Based Capital Standards— 

Advanced Capital Adequacy 

Framework. 

OMB Control No.: 1557–0234. 

Frequency of Response: Annually and 

quarterly. 

Affected Public: National banks and 

Federal branches and agencies of foreign 

banks. 

Number of Respondents: 52. 

Number of Responses per 

Respondent: 24. 

Total Number of Responses: 1,248. 

Burden per Respondent: 15,570 hours. 

Total Estimated Annual Burden: 

809,640 hours. 

General Description of Report: This 

information collection is mandatory: 12 

U.S.C. 93a, 161, 3907–3909. The written 

implementation plan and prior 

approvals are given confidential 

treatment: 5 U.S.C. 552 (b)(8). 

Abstract: On December 7, 2007, the 

Federal banking agencies 1 issued a joint 

final rule titled Risk-Based Capital 

Standards: Advanced Capital Adequacy 

Framework (final rule) implementing a 

new risk-based regulatory capital 

framework for institutions in the United 

States.2 The final rule requires certain 

large or internationally active banks and 

bank holding companies to: (1) Adopt a 

written implementation plan; (2) update 

that plan for any mergers; (3) obtain 

prior written approvals for the use of 

certain approaches for determining riskweighted assets; and (4) make certain 

public disclosures regarding their 

capital ratios, their components, and 

information on implicit support 

provided to a securitization. The 

required reporting forms have been 

approved under OMB Control No. 1557– 

0239. 

Request for Comment 

The Federal banking agencies issued 

a 60-day notice for comment on July 17, 

2009. 74 FR 34865. No comments were 

received. Comments continue to be 

invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information has 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 on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or startup costs 

and costs of operation, maintenance, 

and purchase of services to provide 

information. 

Dated: October 15, 2009. 

Michele Meyer, 

Assistant Director, Legislative and Regulatory 

Activities Division. 

[FR Doc. E9–25327 Filed 10–21–09; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[REG–109481–99] 

Proposed Collection; Comment 

Request for Regulation Project 

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 an 

existing final regulation, REG–109481– 

99 (TD 9076), Special Rules Under 

Section 417(a)(7) for Written 


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