96-8853. Submission to OMB for Review; Comment Request

[Federal Register Volume 61, Number 71 (Thursday, April 11, 1996)]
[Notices]
[Page 16162]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-8853]



=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

April 1, 1996.
    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 1980, Public Law 96-511. 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.

Internal Revenue Service (IRS)

    OMB Number: 1545-0723.
    Regulation ID Number: LR-115-72 Final.
    Type of Review: Extension.
    Title: Manufacturer's Excise Taxes on Sporting Goods and Firearms 
and Other Administrative Provisions of Special Application to 
Manufacturers and Retailers Excise Taxes; Reporting and Recordkeeping 
Requirements.
    Description: Chapters 31 and 32 of the Internal Revenue Code impose 
excise taxes on the sale or use of certain articles. Section 6416 
allows a credit or refund of the tax to manufacturers in certain cases. 
Section 6420, 6421, and 6427 allow credits or refunds of the tax to 
certain users of the articles.
    Respondents: Business or other for-profit, Individuals or 
households, Not-for profit institutions, Farms, State, Local or Tribal 
Government.
    Estimated Number of Respondents/Recordkeepers: 1,500,000.
    Estimated Burden Hours Per Respondent/Recordkeeper: 15 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 475,000 hours.

    OMB Number: 1545-1269.
    Regulation ID Number: PS-7-90 Final.
    Type of Review: Extension.
    Title: Nuclear Decommissioning Fund Qualification Requirements.
    Description: If a taxpayer requests, in connection with a request 
for a schedule of ruling amounts, a ruling as to the classification of 
certain unincorporated organizations, the taxpayer is required to 
submit a copy of the documents establishing or governing the 
organization.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 50.
    Estimated Burden Hours Per Respondent: 3 hours.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 150 hours.

    OMB Number: 1545-1381.
    Regulation ID Number: CO-49-88 Final.
    Type of Review: Extension.
    Title: Limitations on Corporate Net Operating Loss.
    Description: This regulation provides rules for the allocation of a 
loss corporation's taxable income or net operating loss between the 
periods before and after an ownership changed under section 382 of the 
Internal Revenue Code, including an election to make the allocation 
based on a closing of the books as of the change date.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 2,000.
    Estimated Burden Hours Per Respondent: 6 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 200 hours.
    Clearance Officer: Garrick Shear [phone], Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Milo Sunderhauf [phone], Office of Management 
and Budget, Room 10226, New Executive Office Building, Washington, DC 
20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 96-8853 Filed 4-10-96; 8:45 am]
BILLING CODE 4830-01-P