[Federal Register Volume 62, Number 16 (Friday, January 24, 1997)]
[Notices]
[Pages 3736-3737]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1788]
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DEPARTMENT OF THE TREASURY
Proposed Collection; Comment Request for Revenue Procedure 97-15
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort
[[Page 3737]]
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 Revenue
Procedure 97-15, Section 103--Remedial Payment Closing Agreement
Program.
DATES: Written comments should be received on or before March 25, 1997
to be assured of consideration.
ADDRESSES: Direct all written comments to Garrick R. Shear, Internal
Revenue Service, room 5571, 1111 Constitution Avenue
NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the information collection should be directed to Carol
Savage, (202) 622-3945, Internal Revenue Service, room 5569, 1111
Constitution Avenue NW., Washington, DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Section 103--Remedial Payment Closing Agreement Program.
OMB Number: 1545-1528.
Revenue Procedure Number: Revenue Procedure 97-15.
Abstract: This information is required by the Internal Revenue
Service to verify compliance with sections 57, 103, 141, 142, 144, 145,
and 147 of the Internal Revenue Code of 1986, as applicable (including
any corresponding provision, if any, of the Internal Revenue Code of
1954). This information will be used by the Service to enter into a
closing agreement with the issuer to establish the closing agreement
amount.
Current Actions: There are no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: State, local or tribal government, and not-for-
profit institutions.
Estimated Number of Respondents: 50.
Estimated Time Per Respondent: 1 hour, 30 minutes.
Estimated Total Annual Burden Hours: 75.
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: January 17, 1997.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 97-1788 Filed 1-23-97; 8:45 am]
BILLING CODE 4830-01-U
