[Federal Register Volume 68, Number 65 (Friday, April 4, 2003)]
[Notices]
[Page 16599]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-8163]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

March 27, 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 May 5, 2003, to 
be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0260.
    Form Number: IRS Form 706-CE.
    Type of Review: Revision.
    Title: Certificate of Payment of Foreign Death Tax.
    Description: Form 706-CE is used by the executors of estates to 
certify that foreign death taxes have been paid so that the estate may 
claim the foreign death tax credit allowed by IRS section 2014. The 
information is used by IRS to verify that the proper tax credit has 
been claimed.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 2,250.
    Estimated Burden Hours Per Respondent/Recordkeeper:

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Recordkeeping..............................  45 min.
Learning about the law or the form.........  4 min.
Preparing and sending the form.............  25 min.
Copying, assembling, and sending the form    27 min.
 to the IRS.
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    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 3,870 hours.

    OMB Number: 1545-1516.
    Form Number: IRS Form 8832.
    Type of Review: Extension.
    Title: Entity Classification Election.
    Description: An eligible entity that chooses not be classified 
under the default rules or that wishes to change its current 
classification must file Form 8832 to elect a classification.
    Respondents: Business or other for-profit, farms.
    Estimated Number of Respondents/Recordkeepers: 5,000.
    Estimated Burden Hours Per Respondent/Recordkeeper:

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Recordkeeping.........................  1 hr., 49 min.
Learning about the law or the form....  2 hr., 7 min.
Preparing and sending the form to the   23 min.
 IRS.
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    Frequency of Response: On occasion, other (for year of sale of 
home).
    Estimated Total Reporting/Recordkeeping Burden: 21,650 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. 03-8163 Filed 4-3-03; 8:45 am]
BILLING CODE 4830-01-P