[Federal Register Volume 60, Number 155 (Friday, August 11, 1995)]
[Notices]
[Page 41155]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-19924]



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DEPARTMENT OF THE TREASURY

Public Information Collection Requirements Submitted to OMB for 
Review

August 4, 1995.
    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: 1545-0923
Regulation ID Number: IA-31-85 NPRM and LR-124-84 Temporary
Type of Review: Extension
Title: Tax-Exempt Entity Leasing
Description: The regulations are necessary to implement Congressionally 
enacted legislation and elections for certain previously tax-exempt 
organizations and certain tax-exempt controlled entities.
Respondents: Not-for-profit institutions, State, Local or Tribal 
Government
Estimated Number of Respondents: 2,000
Estimated Burden Hours Per Respondent: 30 minutes
Frequency of Response: On occasion
Estimated Total Reporting Burden: 1,000 hours

OMB Number: 1545-0985
Regulation ID Number: PS-128-86 NPRM and PS-127-86 Temporary
Type of Review: Extension
Title: Generation-Skipping Transfer Tax Regulations Under Tax Reform 
Act of 1986
Description: This regulation provides rules relating to the effective 
date, return requirements, definitions, and certain special rules 
covering the generation-skipping transfer tax.
Respondents: Individuals or households
Estimated Number of Respondents: 7,500
Estimated Burden Hours Per Respondent: 30 minutes
Frequency of Response: Annually and Other
Estimated Total Reporting Burden: 3,750 hours

OMB Number: 1545-1076
Form Number: IRS Form 8807
Type of Review: Revision
Title: Certain Manufacturers and Retailers Excise Taxes
Description: Form 8807 is used to compute the excise tax on fishing 
equipment, bows and arrows, trucks and trailer chassis and bodies and 
tractors and the luxury tax on aircraft, boats, passenger vehicles, 
furs, and jewelry. This form enables IRS to monitor the excise tax 
liability on these articles. (Internal Revenue Code (IRC) sections 
4051, 4161, 4001, 4002, 4003, 4006, and 4007.)
Respondents: Business or other for-profit, Individuals or households
Estimated Number of Respondents/Recordkeepers: 27,000
Estimated Burden Hours Per Respondent/Recordkeeper:

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                                                    8807 Part I                8807 Part II                 Worksheet I               Worksheet II      
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Recordkeeping.............................  3 hours, 7 mins...........  2 hours, 38 mins..........  1 hour, 26 mins...........  1 hour, 40 mins.        
Learning about the law or the form........  0 hours, and 6 mins.......  0 hours, 6 mins...........  0 hours, and 0 mins.......  0 hours, and 0 mins.    
Preparing and sending the form to the IRS.  9 mins....................  9 mins....................  1 min.....................  2 mins.                 
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Frequency of Response: Quarterly
Estimated Total Reporting/Recordkeeping Burden: 502,680 hours
OMB Number: 1545-1384
Form Number: IRS Form 3911
Type of Review: Extension
Title: Taxpayer Statement Regarding Refund
Description: If taxpayer inquires about their nonreceipt of refund (or 
lost or stolen refund) and the refund has been issued, the information 
and taxpayer signature are needed to begin tracing action.
Respondents: Individuals or households, Business or other for-profit, 
Not-for-profit institutions
Estimated Number of Respondents: 520,000
Estimated Burden Hours Per Respondent: 5 minutes
Frequency of Response: On occasion
Estimated Total Reporting Burden: 43,160 hours
Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, N.W., Washington, DC 
20224
OMB Reviewer: Milo Sunderhauf (202) 395-7340, Office of Management and 
Budget, Room 10226, New Executive Office Building, Washington, DC 
20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 95-19924 Filed 8-10-95; 8:45 am]
BILLING CODE 4830-01-P