[Federal Register Volume 69, Number 1 (Friday, January 2, 2004)]
[Notices]
[Page 125]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-32263]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 19, 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 February 2, 
2004 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1507.
    Regulation Project Number: INTL-656-87 Final.
    Type of Review: Extension.
    Title: Treatment of Shareholders of Certain Passive Foreign 
Investment Companies (PFICs).
    Description: The reporting requirements affect U.S. persons that 
are direct and indirect shareholders of passive foreign investment 
companies (PFICs). The IRS uses Form 8621 to identify PFICs, U.S. 
persons that are shareholders, and transactions subject to PFIC 
taxation and to verify income inclusions, excess distributions and 
deferred tax amounts.
    Respondents: Business or other for-profit, individuals or 
households, not-for-profit institutions.
    Estimated Number of Respondents: 131,250.
    Estimated Burden Hours per Respondent: 45 minutes.
    Frequency of Response: Other (one-time only).
    Estimated Total Reporting Burden: 100,000 hours.

    OMB Number: 1545-1817.
    Form Number: IRS Form 8802.
    Type of Review: Revision.
    Title: Application for United States Residency Certification.
    Description: All requests for U.S. residency certification must be 
received on Form 8802, Application for United States Residency 
Certification. This application must be sent to the Philadelphia 
Service Center. As proof of residency in the United States and of 
entitlement to the benefits of a tax treaty, U.S. treaty partner 
countries require a U.S. Government certification that you are a U.S. 
citizen, U.S. corporation, U.S. partnership, or resident of the United 
States for purposes of taxation.
    Respondents: Individuals or households, business or other for-
profit, not-for-profit institutions.
    Estimated Number of Respondents/Recordkeepers: 100,000.
    Estimated Burden Hours per Respondent/Recordkeeper:

Recordkeeping--52 min.
Learning about the law or the form--43 min.
Preparing the form--54 min.
Copying, assembling, and sending the form to the IRS--34 min.

    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 308,000 hours.
    Clearance Officer: Robert M. Coar, (202) 622-3579, 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. 03-32263 Filed 12-31-03; 8:45 am]
BILLING CODE 4830-01-P