[Federal Register Volume 68, Number 31 (Friday, February 14, 2003)]
[Notices]
[Page 7648]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-3632]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

February 5, 2003.
    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 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
    Dates: Written comments should be received on or before March 17, 
2003 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1353.
    Regulation Project Number: FI-189-84 Final.
    Type of Review: Extension.
    Title: Debt Instruments With Original Discount; Imputed Interest on 
Deferred Payment Sales or Exchanges of Property.
    Description: These regulations provide definitions, reporting 
requirements, elections, and general rules relating to the tax 
treatment of debt instruments with original issue discount and the 
imputation of, and accounting for, interest on certain sales or 
exchanges of property.
    Respondents: Business or other for-profit, Individuals or 
households, Farms, State, Local or Tribal Government.
    Estimated Number of Respondents: 525,000.
    Frequency of Response: Other (per issuance of debt instrument with 
original issue discount).
    Estimated Burden Hours Per Respondent: 21 minutes.
    Estimated Total Reporting Burden: 185,500 hours.
    Clearance Officer: Glenn Kirkland (202) 622-3428, Internal Revenue 
Service, Room 6411-03, 1111 Constitution Avenue, NW., Washington, DC 
20224.
    OMB Reviewer: Joseph F. Lackey, Jr. (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Mary A. Able,
Departmental Reports, Management Officer.
[FR Doc. 03-3632 Filed 2-13-03; 8:45 am]
BILLING CODE 4830-01-P