[Federal Register Volume 78, Number 23 (Monday, February 4, 2013)]
[Notices]
[Pages 7858-7859]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-02258]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Information Collection 
tools.

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning 
final regulation, REG-120509-06 (TD 9465), 1.882-5; Determination of 
Interest Expense Deduction of Foreign Corporation; Form 13614-NR, 
Volunteer Return Preparation Critical Intake Sheet-NR; and REG-209006-
89, Transfers by Domestic Corporations That Are Subject to Section 
367(a)(5); Distributions by Domestic Corporations That Are Subject to 
Section 1248(f).

DATES: Written comments should be received on or before April 5, 2013 
to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette Lawrence, Internal 
Revenue Service, room 6129, 1111 Constitution

[[Page 7859]]

Avenue NW., Washington, DC 20224. Please send separate comments for 
each specific information collection listed below. You must reference 
the information collection's title, form number, reporting or record-
keeping requirement number, and OMB number (if any) in your comment.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the collection tools should be directed to R. Joseph Durbala, 
Internal Revenue Service, room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or at (202) 622-3634, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: Currently, the IRS is seeking comments 
concerning the following information collection tools, reporting, and 
record-keeping requirements:
    (1) Title: Determination of Interest Expense Deduction of Foreign 
Corporation.
    OMB Number: 1545-2030.
    Form Number: TD 9465.
    Abstract: This document contains final regulations under Section 
882(c) of the Internal Revenue Code concerning the determination of the 
interest expense deduction of foreign corporations engaged in a trade 
or business within the United States. These final regulations conform 
the interest expense rules to recent U.S. Income Tax Treaty agreements 
and adopt other changes to improve compliance.
    Current Actions: There are no changes to the previously approved 
burden of this existing collection.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Respondents: 75.
    Estimated Time per Respondent: 35 min.
    Estimated Total Annual Burden Hours: 35.
    (2) Title: Volunteer Return Preparation Critical Intake Sheet-NR.
    OMB Number: 1545-2075.
    Form Number: 13614-NR.
    Abstract: This form will be used at the nonresident alien VITA 
sites by volunteers to gather information--relevant to tax 
preparation--from taxpayer's.
    Current Actions: There are no changes being made to the revenue 
procedure at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or Households.
    Estimated Number of Respondents: 40.
    Estimated Time per Respondent: 2 hrs.
    Estimated Total Annual Reporting Burden Hours: 80.
    (3) Title: Transfers by Domestic Corporations That Are Subject to 
Section 367(a)(5); Distributions by Domestic Corporations That Are 
Subject to Section 1248(f).
    OMB Number: 1545-2183.
    Form Number: REG-209006-89.
    Abstract: This document contains proposed regulations under 
sections 367(a), 367(a)(5), 367(b), 1248(a), 1248(e), 1248(f), and 
6038B of the Internal Revenue Code (Code). The proposed regulations 
included in this document affect domestic corporations that transfer 
property to foreign corporations in certain transactions, or that 
distribute the stock of certain foreign corporations, and certain 
shareholders of such domestic corporations. The proposed regulations 
are necessary, in part, to provide guidance on changes to the law made 
by the Technical and Miscellaneous Revenue Act of 1988 (Pub. L. 100-
647, 102 Stat. 3342).
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Federal Government.
    Estimated Number of Respondents: 305.
    Estimated Time per Respondent: 10 hrs., 40 mins.
    Estimated Total Annual Burden Hours: 3,260.
    The following paragraph applies to all of the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained as long as 
their contents may become material in the administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Approved: January 28, 2013.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2013-02258 Filed 2-1-13; 8:45 am]
BILLING CODE 4830-01-P