[Federal Register Volume 68, Number 218 (Wednesday, November 12, 2003)]
[Notices]
[Page 64191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-28272]


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

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

November 4, 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 December 12, 
2003, to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1855.
    Regulation Project Number: REG-141402-02 NPRM and Temporary.
    Type of Review: Extension.
    Title: Limitation on Use of the Nonaccrual-Experience Method of 
Accounting Under Section 48(d)(5).
    Description: The regulations provide four safe harbor nonaccrual-
experience methods that will presumed to clearly reflect a taxpayer's 
nonaccrual experience, and for taxpayers who wish to compute their 
nonaccrual experience using a computation or formula other than the one 
of the four safe harbors provided, the requirements that must be met in 
order to use an alternative computation or formula to compute their 
nonaccrual experience.
    Respondents: Business or other for-profit.
    Estimated Number of Recordkeepers: 8,000.
    Estimated Burden Hours Recordkeeper: 3 hours.
    Frequency of Response: Annually.
    Estimated Total Reporting Burden: 24,000 hours.
    Clearance Officer: R. Joseph Durbala, (202) 622-3634, Internal 
Revenue Service, Room 6411, 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.

Lois K. Holland,
Treasury PRA Clearance Officer.
[FR Doc. 03-28272 Filed 11-10-03; 8:45 am]
BILLING CODE 4830-01-P