[Federal Register Volume 61, Number 208 (Friday, October 25, 1996)]
[Notices]
[Page 55360]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-27373]


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DEPARTMENT OF THE TREASURY

Submission to OMB for Review; Comment Request

October 18, 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: 1545-1027.
    Form Number: IRS Form 1120-PC.
    Type of Review: Revision.
    Title: U.S. Property and Casualty Insurance Company Income Tax 
Return.
    Description: Property and casualty insurance companies are required 
to file an annual return of income and pay the tax due. The data is 
used to insure that companies have correctly reported income and paid 
the correct tax.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 2,200.
    Estimated Burden Hours Per Respondent/Recordkeeper:
    Recordkeeping--99 hr., 29 min.
    Learning about the law or the form--35 hr., 5 min.
    Preparing the form--56 hr., 51 min.
    Copying, assembling, and sending the form to the IRS--5 hr., 22 
min.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 432,916 hours.
    Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, N.W., Washington, DC 
20224.
    OMB Reviewer: Alexander T. Hunt (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. 96-27373 Filed 10-24-96; 8:45 am]
BILLING CODE 4830-01-P