99-1943. Submission for OMB Review; Comment Request  

  • [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
    
    
    

Document Information

Published:
01/28/1999
Department:
Treasury Department
Entry Type:
Notice
Document Number:
99-1943
Dates:
Written comments should be received on or before March 1, 1999 to be assured of consideration.
Pages:
4491-4491 (1 pages)
PDF File:
99-1943.pdf