[Federal Register Volume 67, Number 9 (Monday, January 14, 2002)]
[Notices]
[Pages 1806-1807]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-876]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 31, 2001.
    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.

DATES: Written comments should be received on or before February 13, 
2002 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1634.
    Regulation Project Number: REG-106902-98 Final.
    Type of Review: Extension.
    Title: Consolidated Returns--Consolidated Over Foreign Losses and 
Separate Limitation Losses.
    Description: The regulations provide guidance relating to the 
amount of overall foreign losses and separate limitation losses in the 
computation of the foreign tax credit. The regulations affect 
consolidated groups of corporations that compute the foreign tax credit 
limitation or that dispose of property used in a foreign trade or 
business.
    Respondents: Business or other for-profit.

[[Page 1807]]

    Estimated Number of Respondents: 2,000.
    Estimated Burden Hours Per Respondent: 1 hour, 30 minutes.
    Frequency of Response: On occasion.
    Estimated Total Reporting Burden: 3,000 hours.

    OMB Number: 1545-1640.
    Regulation Project Number: REG-104924-98 NPRM.
    Type of Review: Extension.
    Title: Mark-to-Market Accounting for Dealers in Commodities and 
Traders in Securities or Commodities.
    Description: The collection of information in this proposed 
regulation by the Internal Revenue Service to determine whether an 
exemption from market-to-market treatment is properly claimed. This 
information will be used to make that determination upon audit of 
taxpayers' books and records. The likely recordkeepers are business or 
other-for-profit institution.
    Respondents: Business or other for-profit, Individuals or 
households.
    Estimated Number of Respondents/Recordkeepers: 1,000.
    Estimated Burden Hours Per Respondent/Recordkeeper: 1 hour.
    Frequency of Response: Other (once).
    Estimated Total Reporting Recordkeeping Burden: 1,000 hour.

    Clearance Officer: George Freeland, Internal Revenue Service, Room 
5577, 1111 Constitution Avenue, NW., Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management and Budget, Room 10202, New Executive Office Building, 
Washington, DC 20503.

Lois K. Holland,
Departmental Reports, Management Officer.
[FR Doc. 02-876 Filed 1-11-02; 8:45 am]
BILLING CODE 4830-01-M