Vous êtes sur la page 1sur 2

11936 Federal Register / Vol. 72, No.

49 / Wednesday, March 14, 2007 / Notices

to reduce paperwork and respondent displays a valid OMB control number. DATES: Written comments should be
burden, invites the general public and Books or records relating to a collection received on or before May 14, 2007 to
other Federal agencies to take this of information must be retained as long be assured of consideration.
opportunity to comment on proposed as their contents may become material ADDRESSES: Direct all written comments
and/or continuing information in the administration of any internal to Glenn P. Kirkland, Internal Revenue
collections, as required by the revenue law. Generally, tax returns and Service, room 6516, 1111 Constitution
Paperwork Reduction Act of 1995, tax return information are confidential, Avenue, NW., Washington, DC 20224.
Public Law 104–13 (44 U.S.C. as required by 26 U.S.C. 6103. FOR FURTHER INFORMATION CONTACT:
3506(c)(2)(A)). Currently, the IRS is Request for Comments: Comments Requests for additional information or
soliciting comments concerning an submitted in response to this notice will copies of the information collection
existing final regulation, REG–209446– be summarized and/or included in the should be directed to Carolyn N. Brown,
82 (TD 8852), Passthrough of Items of an request for OMB approval. All at (202) 622–6688, or at Internal
S Corporation to its Shareholders comments will become a matter of Revenue Service, room 6516, 1111
(§ 1.1366–1). public record. Constitution Avenue, NW., Washington,
DATES: Written comments should be Comments are invited on: (a) Whether DC 20224, or through the Internet, at
received on or before May 14, 2007 to the collection of information is Carolyn.N.Brown@irs.gov.
be assured of consideration. necessary for the proper performance of
SUPPLEMENTARY INFORMATION:
ADDRESSES: Direct all written comments the functions of the agency, including
Title: Nonbank Trustees.
to Glenn P. Kirkland, Internal Revenue whether the information shall have
OMB Number: 1545–0806.
Service, room 6516, 1111 Constitution practical utility; (b) the accuracy of the Regulation Project Number: EE–12–
Avenue, NW., Washington, DC 20224. agency’s estimate of the burden of the 78.
FOR FURTHER INFORMATION CONTACT: collection of information; (c) ways to Abstract: Internal Revenue Code
Requests for additional information or enhance the quality, utility, and clarity section 408(a)(2) permits an institution
copies of regulation should be directed of the information to be collected; (d) other than a bank to be the trustee of an
to Carolyn N. Brown at Internal Revenue ways to minimize the burden of the individual retirement account. This
Service, room 6516, 1111 Constitution collection of information on regulation imposes certain reporting and
Avenue, NW., Washington, DC 20224, respondents, including through the use recordkeeping requirements to enable
or at (202) 622–6688, or through the of automated collection techniques or the IRS to determine whether an
Internet at Carolyn.N.Brown@irs.gov. other forms of information technology; institution qualifies to be a nonbank
and (e) estimates of capital or start-up trustee and to insure that accounts are
SUPPLEMENTARY INFORMATION:
Title: Passthrough of Items of an S costs and costs of operation, administered according to sound
Corporation to its Shareholders. maintenance, and purchase of services fiduciary principles.
OMB Number: 1545–1613. to provide information. Current Actions: There is no change to
Regulation Project Number: REG– Approved: March 6, 2007. this existing regulation.
209446–82. Glenn P. Kirkland, Type of Review: Extension of a
Abstract: Section 1366 requires IRS Reports Clearance Officer. currently approved collection.
shareholders of an S corporation to take [FR Doc. E7–4603 Filed 3–13–07; 8:45 am] Affected Public: Business or other for-
into account their pro rata share of BILLING CODE 4830–01–P
profit organizations.
separately stated items of the S Estimated Number of Respondents:
corporation and nonseparately 23.
computed income or loss. Section DEPARTMENT OF THE TREASURY Estimated Time per Respondent: 34
1.1366–1 of the regulation provides that minutes.
an S corporation must report, and a Internal Revenue Service Estimated Total Annual Burden
shareholder is required to take into Hours: 13.
account in the shareholder’s return, the [EE–12–78] The following paragraph applies to all
shareholder’s pro rata share, whether or of the collections of information covered
not distributed, of the S corporation’s Proposed Collection; Comment by this notice:
items of income, loss, deduction, or Request for Regulation Project An agency may not conduct or
credit. sponsor, and a person is not required to
Current Actions: There is no change to AGENCY: Internal Revenue Service (IRS), respond to, a collection of information
this existing regulation. Treasury. unless the collection of information
Type of Review: Extension of a ACTION: Notice and request for displays a valid OMB control number.
currently approved collection. comments. Books or records relating to a collection
Affected Public: Business or other for- of information must be retained as long
profit organizations, and Individuals or SUMMARY: The Department of the as their contents may become material
households. Treasury, as part of its continuing effort in the administration of any internal
This reporting requirement is to reduce paperwork and respondent revenue law. Generally, tax returns and
reflected in the burden of Form 1040, burden, invites the general public and tax return information are confidential,
U.S. Individual Income Tax Return, and other Federal agencies to take this as required by 26 U.S.C. 6103.
Form 1120S, U.S. Income Tax Return for opportunity to comment on proposed Request for Comments: Comments
an S Corporation. and/or continuing information submitted in response to this notice will
The following paragraph applies to all collections, as required by the be summarized and/or included in the
cprice-sewell on PROD1PC66 with NOTICES

of the collections of information covered Paperwork Reduction Act of 1995, request for OMB approval. All
by this notice: Public Law 104–13 (44 U.S.C. comments will become a matter of
An agency may not conduct or 3506(c)(2)(A)). Currently, the IRS is public record.
sponsor, and a person is not required to soliciting comments concerning an Comments are invited on: (a) Whether
respond to, a collection of information existing final regulation, EE–12–78 (TD the collection of information is
unless the collection of information 7611) Nonbank Trustees (§ 1.408–2(e)). necessary for the proper performance of

VerDate Aug<31>2005 15:03 Mar 13, 2007 Jkt 211001 PO 00000 Frm 00114 Fmt 4703 Sfmt 4703 E:\FR\FM\14MRN1.SGM 14MRN1
Federal Register / Vol. 72, No. 49 / Wednesday, March 14, 2007 / Notices 11937

the functions of the agency, including OMB Number: 1545–0575. Approved: March 2, 2007.
whether the information shall have Form Number: Form 5330. Glenn P. Kirkland,
practical utility; (b) the accuracy of the Abstract: Internal Revenue Code IRS Reports Clearance Officer.
agency’s estimate of the burden of the sections 4971, 4972, 4973(a), 4975, [FR Doc. E7–4610 Filed 3–13–07; 8:45 am]
collection of information; (c) ways to 4976, 4977, 4978, 4978A, 4978B, 4979, BILLING CODE 4830–01–P
enhance the quality, utility, and clarity 4979A, and 4980 impose various excise
of the information to be collected; (d) taxes in connection with employee
ways to minimize the burden of the benefit plans. Form 5330 is used to DEPARTMENT OF THE TREASURY
collection of information on compute and collect these taxes. The
respondents, including through the use IRS uses the information on the form to Internal Revenue Service
of automated collection techniques or verify that the proper amount of tax has
other forms of information technology; been reported. Proposed Collection; Comment
and (e) estimates of capital or start-up Current Actions: Major changes were Request for Form 2032
costs and costs of operation, made to the form and instructions to AGENCY: Internal Revenue Service (IRS),
maintenance, and purchase of services better serve the taxpayers. These Treasury.
to provide information. changes resulted in an increase in ACTION: Notice and request for
Approved: March 5, 2007. burden hours. comments.
Glenn P. Kirkland, Type of Review: Revision of a
currently approved collection. SUMMARY: The Department of the
IRS Reports Clearance Officer.
Affected Pubic: Individuals and Treasury, as part of its continuing effort
[FR Doc. E7–4605 Filed 3–13–07; 8:45 am] to reduce paperwork and respondent
business or other for-profit
BILLING CODE 4830–01–P burden, invites the general public and
organizations.
Estimated Number of Respondents: other Federal agencies to take this
8,403. opportunity to comment on proposed
DEPARTMENT OF THE TREASURY
Estimated Time per Respondent: 56 and/or continuing information
Internal Revenue Service hours, 55 minutes. collections, as required by the
Estimated Total Annual Burden Paperwork Reduction Act of 1995, Pub.
Proposed Collection; Comment Hours: 478,215. L. 104–13 (44 U.S.C. 3506(c)(2)(A)).
Request for Form 5330 The following paragraph applies to all Currently, the IRS is soliciting
of the collections of information covered comments concerning Form 2032,
AGENCY: Internal Revenue Service (IRS), Contract Coverage Under Title II of the
by this notice:
Treasury. Social Security Act.
An agency may not conduct or
ACTION: Notice and request for sponsor, and a person is not required to DATES: Written comments should be
comments. respond to, a collection of information received on or before May 14, 2007 to
SUMMARY: The Department of the unless the collection of information be assured of consideration.
Treasury, as part of its continuing effort displays a valid OMB control number. ADDRESSES: Direct all written comments
to reduce paperwork and respondent Books or records relating to a collection to Glenn P. Kirkland, Internal Revenue
burden, invites the general public and of information must be retained as long Service, room 6516, 1111 Constitution
other Federal agencies to take this as their contents may become material Avenue, NW., Washington, DC 20224.
opportunity to comment on proposed in the administration of any internal FOR FURTHER INFORMATION CONTACT:
and/or continuing information revenue law. Generally, tax returns and Requests for additional information or
collections, as required by the tax return information are confidential, copies of the form and instructions
Paperwork Reduction Act of 1995, as required by 26 U.S.C. 6103. should be directed to Carolyn N. Brown
Public Law 104–13 (44 U.S.C. Request for Comments: Comments at Internal Revenue Service, room 6516,
3506(c)(2)(A)). Currently, the IRS is submitted in response to this notice will 1111 Constitution Avenue, NW.,
soliciting comments concerning Form be summarized and/or included in the Washington, DC 20224, or at (202) 622–
5330, Return of Excise Taxes Related to request for OMB approval. All 6688, or through the Internet at
Employee Benefit Plans. comments will become a matter of (Carolyn.N.Brown@irs.gov).
DATES: Written comments should be
public record.
SUPPLEMENTARY INFORMATION:
received on or before May 14, 2007 to Comments are invited on: (a) Whether Title: Contract Coverage Under Title II
be assured of consideration. the collection of information is of the Social Security Act.
necessary for the proper performance of OMB Number: 1545–0137.
ADDRESSES: Direct all written comments
the functions of the agency, including Form Number: 2032.
to Glenn P. Kirkland, Internal Revenue whether the information shall have
Service, room 6516, 1111 Constitution Abstract: Citizens and resident aliens
practical utility; (b) the accuracy of the employed abroad by foreign affiliates of
Avenue, NW., Washington, DC 20224. agency’s estimate of the burden of the American employers are exempt from
FOR FURTHER INFORMATION CONTACT: collection of information; (c) ways to social security taxes. Under Internal
Requests for additional information or enhance the quality, utility, and clarity Revenue Code section 3121(1),
copies of the form and instructions of the information to be collected; (d) American employers may file an
should be directed to Carolyn N. Brown ways to minimize the burden of the agreement to waive this exemption and
at Internal Revenue Service, room 6516, collection of information on obtain social security coverage for U.S.
1111 Constitution Avenue, NW., respondents, including through the use
cprice-sewell on PROD1PC66 with NOTICES

citizens and resident aliens employed


Washington, DC 20224, or at (202) 622– of automated collection techniques or abroad by their foreign affiliates. Form
6688, or through the Internet at other forms of information technology; 2032 is used for this purpose.
(Carolyn.N.Brown@irs.gov). and (e) estimates of capital or start-up Current Actions: There are no changes
SUPPLEMENTARY INFORMATION: costs and costs of operation, being made to the form at this time.
Title: Return of Excise Taxes Related maintenance, and purchase of services Type of Review: Extension of a
to Employee Benefit Plans. to provide information. currently approved collection.

VerDate Aug<31>2005 15:03 Mar 13, 2007 Jkt 211001 PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 E:\FR\FM\14MRN1.SGM 14MRN1