[Federal Register Volume 68, Number 35 (Friday, February 21, 2003)]
[Notices]
[Page 8537]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-4198]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

February 12, 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, 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 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
    Dates: Written comments should be received on or before March 24, 
2003, to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1428.
    Form Number: IRS Form 8023.
    Type of Review: Extension.
    Title: Elections Under Section 338 for Corporations Making 
Qualified Stock Purchases.
    Description: Form 8023 is used by corporations that acquire the 
stock of another corporation to elect to treat the purchase of stock as 
a purchase of the other corporation's assets. The IRS uses Form 8023 to 
determine if the purchasing corporation reports the sale of its assets 
on its income tax return and to determine if the purchasing corporation 
has properly made the election.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 201.
    Estimated Burden Hours Per Respondent/Recordkeeper:

Recordkeeping--9 hr., 19 min.
Learning about the law or the form--1 hr., 39 min.
Preparing and sending the form to the IRS--1 hr., 46 min.

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 2,559 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. 03-4198 Filed 2-20-03; 8:45 am]
BILLING CODE 4830-01-P