[Federal Register Volume 62, Number 215 (Thursday, November 6, 1997)]
[Notices]
[Page 60118]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29313]


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DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

October 23, 1997.
    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, Pub. L. 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: 1545-0794.
    Form Number: IRS Form 8554.
    Type of Review: Revision.
    Title: Application for Renewal of Enrollment to Practice Before the 
Internal Revenue Service.
    Description: This information related to the approval of continuing 
professional education programs and the renewal of the enrollment 
status for those individuals admitted (enrolled) by the Internal 
Revenue Service.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 39,500.
    Estimated Burden Hours Per Respondent/Recordkeeper: 1 hour, 12 
minutes.
    Frequency of Response: Other (One-time filing).
    Estimated Total Reporting/Recordkeeping Burden: 47,400 hours.

    OMB Number: 1545-1096.
    Form Number: Form 9117.
    Type of Review: Revision.
    Title: Excise Tax Program Order Blank for Forms and Publications.
    Description: Form 9117 allows taxpayers who must file Form 720 
returns a systemic way to order additional tax forms and informational 
publications.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 15,000.
    Estimated Burden Hours Per Respondent: 3 minutes.
    Frequency of Response: Annually.
    Estimated Total Reporting Burden: 500 hours.

    OMB Number: 1545-1271.
    Regulation Project Number: REG-208165 (formerly INTL-54-91) and 
REG-209035-86 (formerly INTL-178-86) NPRM.
    Type of Review: Extension.
    Title: Transfers of Stock or Securities by U.S. Persons to Foreign 
Corporations, and Foreign Liquidations and Reorganizations.
    Description: A U.S. person must generally file a gain recognition 
agreement with the Service in order to defer gain on a section 367(a) 
transfer of stock to a foreign corporation, and must file a notice with 
the Service if it realizes any income in a section 367(b) exchange. 
These requirements ensure compliance with the respective sections.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 600.
    Estimated Burden Hours Per Respondent: 4 hours.
    Frequency of Response: Annually.
    Estimated Total Reporting Burden: 2,400 hours.
    Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of 
Management and Budget, Room 10226, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 97-29313 Filed 11-5-97; 8:45 am]
BILLING CODE 4830-01-P