94-19027. Public Information Collection Requirements Submitted to OMB for Review

[Federal Register Volume 59, Number 149 (Thursday, August 4, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-19027]


[[Page Unknown]]

[Federal Register: August 4, 1994]


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DEPARTMENT OF THE TREASURY
 

Public Information Collection Requirements Submitted to OMB for 
Review

July 29, 1994.
    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: 1545-1086.
    Form Number: IRS Form 8725.
    Type of Review: Revision.
    Title: Excise Tax on Greenmail.
    Description: Form 8725 is used by persons who receive ``greenmail'' 
to compute and pay the excise tax on greenmail imposed under section 
5881 of the Internal Revenue Code. IRS uses the information to verify 
that the correct amount of tax has been reported.
    Respondents: Businesses or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 12.

Estimated Burden Hours Per Respondent/Recordkeeper

    Recordkeeping: 5 hr., 30 min.
    Learning about the law or the form: 35 min.
    Preparing and sending the form to the IRS: 43 min.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 82 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. 94-19027 Filed 8-3-94; 8:45 am]
BILLING CODE: 4830-01-P