[Federal Register Volume 62, Number 16 (Friday, January 24, 1997)]
[Notices]
[Pages 3737-3738]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1789]


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DEPARTMENT OF THE TREASURY
[INTL-116-90]


Proposed Collection; Comment Request for Regulation Project

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 an 
existing notice of proposed rulemaking,INTL-116-90, Allocation of 
Charitable Contributions (Sec. 1.861-8).
DATES: Written comments should be received on or before March 25, 1997 
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 information collection should be directed to Carol 
Savage, (202) 622-3945, Internal RevenueService, room 5569, 1111 
Constitution Avenue NW., Washington, DC20224.

SUPPLEMENTARY INFORMATION:

Title: Allocation of Charitable Contributions.
OMB Number: 1545-1240.
Regulation Project Number: INTL-116-90.
Abstract: Section 1.861-8(e) of the regulation provides guidance 
concerning the allocation and apportionment of deductions for 
charitable contributions. It would require a taxpayer to allocate a 
deduction for charitable contributions solely to UnitedStates source 
gross income or solely to foreign source gross income in certain cases. 
The required records will be used on audit to verify the United States 
allocation of these deductions.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of OMB approval.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 500.
    Estimated Time Per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 500.
    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 administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26U.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 3738]]

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: January 21, 1997.
Garrick R. Shear,
IRS Reports Clearance Officer
[FR Doc. 97-1789 Filed 1-23-97; 8:45 am]
BILLING CODE 4830-01-U