96-15103. Submission to OMB for Review; Comment Request

[Federal Register Volume 61, Number 116 (Friday, June 14, 1996)]
[Notices]
[Page 30282]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15103]



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DEPARTMENT OF THE TREASURY

Submission to OMB for Review; Comment Request

June 5, 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 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.

Internal Revenue Service (IRS)

    OMB Number: 1545-0987.
    Regulation ID Number: IA-62-91 Final and Temporary (formerly LR-
168-86 NPRM and LR-129-86 Temporary).
    Type of Review: Extension.
    Title: Capitalization and Inclusion in Inventory of Certain Costs.
    Description: The paperwork requirements are necessary to determine 
whether taxpayers comply with the cost of section 263A and with the 
requirements for changing their methods of accounting. The information 
will be used to verify taxpayers' changes in methods of accounting.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 20,000.
    Estimated Burden Hours Per Respondent/Recordkeeper: 5 hours.
    Frequency of Response: Other (in the year of change).
    Estimated Total Reporting/Recordkeeping Burden: 100,000 hours.
    Clearance Officer: Garrick Shear, [phone], Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, N.W., 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. 96-15103 Filed 6-13-96; 8:45 am]
BILLING CODE 4830-01-P