[Federal Register Volume 71, Number 197 (Thursday, October 12, 2006)]
[Notices]
[Page 60232]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-16883]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

October 5, 2006.
    The Department of the 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 November 
13, 2006 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0160.
    Type of Review: Extension.
    Title: Annual Information Return of Foreign Trust with a U.S. 
Owner.
    Forms: 3520-A.
    Description: Section 6048(b) requires that foreign trusts with at 
least one U.S. beneficiary must file an annual information return on 
Form 3520-A. The form is used to report the income and deductions of 
the foreign trust and provide statements to the U.S. owners and 
beneficiaries. IRS uses Form 3520-A to determine if the U.S. owner of 
the trust has included the net income of the trust in its gross income.
    Respondents: Individuals or households.
    Estimated Total Burden Hours: 21,700 hours.

    OMB Number: 1545-1560.
    Type of Review: Extension.
    Title: Public Disclosure of Material Relating to Tax-Exempt 
Organizations.
    Description: The collections of information in section 301.6104(d)-
3, 301.6104(d)-4 and 301.6104(d)-5 are necessary so that tax-exempt 
organizations can make copies of their applications for tax exemption 
and annual information returns available to the public.
    Respondents: Not-for-profit institutions.
    Estimated Total Burden Hours: 551,500 hours.

    OMB Number: 1545-1846.
    Type of Review: Extension.
    Title: Revenue Procedure 2003-48, Update of Checklist Questionnaire 
Regarding Requests for Spin-Off Rulings.
    Description: This revenue procedure updates Rev. Proc. 96-30, which 
sets forth in a checklist questionnaire the information that must be 
included in a request for ruling under section 355. This revenue 
procedure updates information that taxpayers must provide in order to 
receive letter rulings under section 355. This information is required 
to determine whether a taxpayer would qualify for non-recognition 
treatment.
    Respondents: Business or other for profit institutions.
    Estimated Total Burden Hours: 36,000 hours.

    OMB Number: 1545-0393.
    Type of Review: Extension.
    Title: Return Requesting Refund Unlocatable or Not Filed.
    Description: The code requires tax returns to be filed. It also 
authorizes IRS to refund any overpayment of tax. If a taxpayer inquires 
about their non-receipt of refund and no return is found, this letter 
is sent requesting the taxpayer to file another return.
    Respondents: Business or other for profit institutions.
    Estimated Total Burden Hours: 1,513 hours.
    Clearance Officer: Glenn P. Kirkland, (202) 622-3428, Internal 
Revenue Service, Room 6516, 1111 Constitution Avenue, NW., Washington, 
DC 20224.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Robert Dahl,
Treasury PRA Clearance Officer.
[FR Doc. E6-16883 Filed 10-11-06; 8:45 am]
BILLING CODE 4830-01-P