[Federal Register Volume 64, Number 18 (Thursday, January 28, 1999)]
[Notices]
[Page 4491]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-1943]
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DEPARTMENT OF THE TREASURY
Submission for OMB Review; Comment Request
January 21, 1999.
The Department of Treasury has submitted the following public
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13. 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
2110, 1425 New York Avenue, NW., Washington, DC 20220.
DATES: Written comments should be received on or before March 1, 1999
to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1478.
Regulation Project Number: INTL-9-95 Final.
Type of Review: Extension.
Title: Certain Transfers of Domestic Stock or Securities by U.S.
Persons to Foreign Corporation's.
Description: Transfers of stock or securities by U.S. persons in
tax-free transactions are treated as taxable transactions when the
acquirer is a foreign corporation, unless an exception applies (section
367(a)). Under the regulations, no U.S. person will qualify for an
exception unless the U.S. target company complies with certain
reporting requirements.
Respondents: Business and other for-profit.
Estimated Number of Respondents: 100.
Estimated Burden Hours Per Respondent: 10 hours.
Frequency of Response: Other (once).
Estimated Total Reporting Burden: 1,000 hours.
OMB Number: 1545-1479.
Regulation Project Number: IA-41-93 Final.
Type of Review: Extension.
Title: Automatic Extension of Time for Filing Individual Income Tax
Returns; Automatic Extension of Time to File Partnership Return of
Income, Trust Income Tax Return, and U.S. Real Estate Mortgage
Investment Conduit Income Tax Return.
Description: Under section 1.6081-4, an individual required to file
an income tax return is allowed an automatic 4-month extension of time
to file if (a) an application is prepared on Form 4868, ``Application
for Automatic Extension of Time to File U.S. Individual Income Tax
Return,'' or in such other manner as may be prescribed by the Internal
Revenue Service (IRS), (b) the application is filed on or before the
date the return is due, and (c) the application shows the full amount
properly estimated as tax.
Respondents: Individuals or households.
Estimated Number of Respondents: 1.
Estimated Burden Hours Per Respondent: 1 hour.
Frequency of Response: On occasion.
Estimated Total Reporting Burden: 1 hour.
Clearance Officer: Garrick Shear, Internal Revenue Service, Room
5571, 1111 Constitution Avenue, NW, Washington, DC 20224.
OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of
Management and Budget, Room 10202, New Executive Office Building,
Washington, DC 20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 99-1943 Filed 1-27-99; 8:45 am]
BILLING CODE 4830-01-P