[Federal Register: October 21, 1999 (Volume 64, Number 203)]
[Notices]               
[Page 56836-56837]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21oc99-124]                         

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DEPARTMENT OF THE TREASURY

 
Submission for OMB Review; Comment Request

October 14, 1999.
    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 
2110, 1425 New York Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before November 22, 
1999 to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-0168.
    Form Number: IRS Form 4361.
    Type of Review: Extension.
    Title: Application for Exemption Form Self-Employment Tax for Use 
by Ministers, Members of Religious Orders and Christian Science 
Practitioners.
    Description: Form 4361 is used by ministers, members of religious 
orders, or Christian practitioners to file for an exemption from self-
employment tax on certain earnings and to certify that they have 
informed the church or order that they are opposed to the acceptance of 
certain public insurance benefits.
    Respondents: Individuals or households.
    Estimated Number of Respondents/Recordkeepers: 10,270.

           Estimated Burden Hours Per Respondent/Recordkeeper
                              [In minutes]
------------------------------------------------------------------------

------------------------------------------------------------------------
Recordkeeping......................................................    7
Learning about the law or the form.................................   19
Preparing the form.................................................   17
Copying, assembling, and sending the form to the IRS...............   17
------------------------------------------------------------------------

    Frequency of Response: Other (one-time).
    Estimated Total Reporting/Recordkeeping Burden: 10,167 hours.

    OMB Number: 1545-1414.
    Form Number: IRS Form 8846.
    Type of Review: Extension.
    Title: Credit for Employer Social Security and Medicare Taxes Paid 
on Certain Employee Tips.
    Description: Employers in food or beverage establishments where 
tipping is customary can claim an income tax credit for the amount of 
Social Security and Medicare taxes paid (employer's share) on tips, 
other than tips used to meet the minimum wage requirement.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 68,684.

           Estimated Burden Hours Per Respondent/Recordkeeper
------------------------------------------------------------------------

------------------------------------------------------------------------
Recordkeeping............................  7 hr., 25 min.
Learning about the law or the form.......  18 min.
Preparing and sending the form to the IRS  26 min.
------------------------------------------------------------------------

    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 559,088 hours.

    OMB Number: 1545-1487.
    Regulation Project Numbers: REG-209827-96 and REG-111672-99 Final.
    Type of Review: Extension.
    Title: Treatment of Distributions to Foreign Persons Under Sections 
367(e)(1) and 367(e)(2).
    Description: Sections 367(e)(1) and 367(e)(2) provide for gain 
recognition on certain transfers to foreign persons under sections 355 
and 332. Section 6038B(a) requires U.S. persons transferring property 
to foreign persons in exchanges described in sections 332 and 355 to 
furnish information regarding such transfers.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 217.
    Estimated Burden Hours Per Respondent/Recordkeeper: 11 hours.
    Frequency of Response: On occasion.
    Estimated Total Reporting/Recordkeeping Burden: 2,471 hours.

    OMB Number: 1545-1492.
    Form Number: IRS Form 10001.
    Type of Review: Extension.
    Title: Request for Closing Agreement Relating to Advance Refunding 
Issue Under Sections 148 and 7121 and Revenue Procedure 96-41.
    Description: Form 10001 is used in conjunction with a closing 
agreement program involving certain issuers of tax-exempt advance 
refunding bonds. Revenue Procedure 96-41 established this voluntary 
compliance program and prescribed the filing of Form 10001 to request a 
closing agreement.
    Respondents: Not-for-profit institutions, State, Local or Tribal 
Government.
    Estimated Number of Respondents: 100.
    Estimated Burden Hours Per Respondent: 3 hours.
    Frequency of Response: Other (one-time).
    Estimated Total Reporting Burden: 300 hours.
    Clearance Officer: Garrick Shear, Internal Revenue Service, Room 
5244, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7860, Office of 
Management

[[Page 56837]]

and Budget, Room 10202, New Executive Office Building, Washington, DC 
20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 99-27449 Filed 10-20-99; 8:45 am]
BILLING CODE 4830-01-P