[Federal Register Volume 73, Number 202 (Friday, October 17, 2008)]
[Notices]
[Pages 61931-61932]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-24668]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

October 9, 2008.
    The Department of the Treasury will submit the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13 on or 
after the date of publication of this notice. 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

[[Page 61932]]

Treasury, Room 11000, and 1750 Pennsylvania Avenue, NW., Washington, DC 
20220.

DATES: Written comments should be received on or before November 17, 
2008 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1793.
    Type of Review: Extension.
    Title: Rev. Proc. 2002-43, Determination of Substitute Agent for a 
Consolidated Group.
    Description: The information is needed in order for (i) A 
terminating common parent of a consolidated group to notify the IRS 
that it will terminate and to designate another corporation to be the 
group's substitute agent, pursuant to Treas. Reg. Sec. 1.1502-77(d)(1) 
or Sec. 1.1052-77A(d); (ii) the remaining members of a consolidated 
group to designate a substitute agent pursuant to Sec. 1.1502-77A (d); 
(iii) the default substitute agent to notify the IRS that it is the 
default substitute agent pursuant to Sec. 1.1502-77(d)(2); or (iv) 
requests by a member of the group for the IRS to designate a substitute 
agent or replace a previously designated substitute agent. The IRS will 
use the information to determine whether to approve the designation (if 
approval is required), to designate a substitute agent, or to replace a 
substitute agent, and to change the IRS's records to reflect the name 
and other information about the substitute agent.
    Respondents: Businesses or other for-profit institutions.
    Estimated Total Burden Hours: 400 hours.

    OMB Number: 1545-1653.
    Type of Review: Extension.
    Title: Revenue Procedure 99-26 Secured Employee Benefits Settlement 
Initiative.
    Description: This revenue procedure provides taxpayers options to 
settle cases in which they accelerated deductions for accrued employee 
benefits secured by a letter of credit, bond, or other similar 
financial instrument.
    Respondents: Businesses or other for-profit institutions.
    Estimated Total Burden Hours: 2,000 hours.

    OMB Number: 1545-1027.
    Type of Review: Extension.
    Title: U.S. Property and Casualty Insurance Company Income Tax 
Return.
    Forms: 1120-PC.
    Description: Property and casualty insurance companies are required 
to file an annual return of income and pay the tax due. The data is 
used to insure that companies have correctly reported income and paid 
the correct tax.
    Respondents: Businesses or other for-profit institutions.
    Estimated Total Burden Hours: 649,218 hours.

    OMB Number: 1545-0108.
    Type of Review: Extension.
    Title: Annual Summary and Transmittal of U.S. Information Returns.
    Forms: 1096.
    Description: Form 1096 is used to transmit information returns 
(Forms 1099, 1098, 5498, and W-2G) to the IRS Service Centers. Under 
IRC section 6041 and related sections, a separate Form 1096 is used for 
each type of return sent to the service center by the payer. It is used 
by IRS to summarize and categorize the transmitted forms.
    Respondents: Businesses or other for-profit institutions.
    Estimated Total Burden Hours: 1,016,812 hours.

    OMB Number: 1545-0257.
    Type of Review: Extension.
    Title: Forms 8109 and 8109-B, Federal Tax Deposit Coupon; and Form 
8109-C, FTD Address Change.
    Forms: 8109-B, 8109, 8109-C.
    Description: Federal Tax Deposit Coupons are used to deposit 
certain types of taxes at authorized depositaries. Coupons are sent to 
the IRS Centers for crediting to taxpayers' accounts. Data is used by 
the IRS to make the credit and to verify tax deposits claimed on the 
returns. The FTD Address change is used to change the address on the 
FTD coupons. All taxpayers required to make deposits are affected.
    Respondents: Businesses or other for-profit institutions.
    Estimated Total Burden Hours: 1,841,607 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.

Celina Elphage,
Treasury PRA Clearance Officer.
 [FR Doc. E8-24668 Filed 10-16-08; 8:45 am]
BILLING CODE 4830-01-P