[Federal Register Volume 61, Number 148 (Wednesday, July 31, 1996)]
[Notices]
[Pages 40078-40079]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19496]
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DEPARTMENT OF THE TREASURY
Proposed Collection; Comment Request for Form 1028
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 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
Form 1028, Application for Recognition of Exemption Under Section 521
of the Internal Revenue Code.
DATES: Written comments should be received on or before September 30,
1996, 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 form and instructions should be directed to Martha R.
Brinson, (202) 622-3869, Internal Revenue Service, room 5571, 1111
Constitution Avenue NW., Washington, DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Application for Recognition of Exemption Under Section 521
of the Internal Revenue Code.
OMB Number: 1545-0058.
Form Number: 1028.
Abstract: Farmers' cooperatives must file Form 1028 to apply for
exemption from Federal income tax as being organizations described in
Internal Revenue Code section 521. The information on Form 1028
provides the basis for determining whether the applicants are exempt.
Current Actions: There are no changes being made to this form.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 50.
Estimated Time Per Respondent: 50 hr., 29 min.
Estimated Total Annual Burden Hours: 2,525.
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 3 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
[[Page 40079]]
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: July 22, 1996.
Garrick R. Shear,
IRS Reports Clearance Officer.
[FR Doc. 96-19496 Filed 7-30-96; 8:45 am]
BILLING CODE 4830-01-U