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Federal Register / Vol. 70, No.

57 / Friday, March 25, 2005 / Notices 15383

provide needed guidance to persons DEPARTMENT OF THE TREASURY Estimated Total Annual Burden
who enter into split-dollar life insurance Hours: 174.
arrangements. Internal Revenue Service The following paragraph applies to all
Current Actions: There is no change to of the collections of information covered
Proposed Collection; Comment by this notice:
this existing regulation. Request for Form 4563 An agency may not conduct or
Type of Review: Extension of a sponsor, and a person is not required to
AGENCY: Internal Revenue Service (IRS),
currently approved collection. respond to, a collection of information
Treasury.
Affected Public: Not-for-profit unless the collection of information
ACTION: Notice and request for
institutions. displays a valid OMB control number.
comments.
Books or records relating to a collection
Estimated Number of Respondents:
SUMMARY: The Department of the of information must be retained as long
115,000.
Treasury, as part of its continuing effort as their contents may become material
Estimated Time Per Respondent: 45 to reduce paperwork and respondent in the administration of any internal
minutes. burden, invites the general public and revenue law. Generally, tax returns and
Estimated Total Annual Burden other Federal agencies to take this tax return information are confidential,
Hours: 32,500. opportunity to comment on proposed as required by 26 U.S.C. 6103.
and/or continuing information Request for Comments: Comments
The following paragraph applies to all submitted in response to this notice will
of the collections of information covered collections, as required by the
Paperwork Reduction Act of 1995, be summarized and/or included in the
by this notice: request for OMB approval. All
Public Law 104–13 (44 U.S.C.
An agency may not conduct or 3506(c)(2)(A)). Currently, the IRS is comments will become a matter of
sponsor, and a person is not required to soliciting comments concerning Form public record. Comments are invited on:
respond to, a collection of information 4563, Exclusion of Income for Bona Fide (a) Whether the collection of
unless the collection of information Residents of American Samoa. information is necessary for the proper
displays a valid OMB control number. DATES: Written comments should be
performance of the functions of the
Books or records relating to a collection received on or before May 24, 2005, to agency, including whether the
of information must be retained as long be assured of consideration. information shall have practical utility;
as their contents may become material (b) the accuracy of the agency’s estimate
ADDRESSES: Direct all written comments
in the administration of any internal of the burden of the collection of
to Glenn P. Kirkland, Internal Revenue information; (c) ways to enhance the
revenue law. Generally, tax returns and Service, room 6516, 1111 Constitution
tax return information are confidential, quality, utility, and clarity of the
Avenue NW., Washington, DC 20224. information to be collected; (d) ways to
as required by 26 U.S.C. 6103. FOR FURTHER INFORMATION CONTACT: minimize the burden of the collection of
Request for Comments: Comments Requests for additional information or information on respondents, including
submitted in response to this notice will copies of the form and instructions through the use of automated collection
be summarized and/or included in the should be directed to R. Joseph Durbala, techniques or other forms of information
request for OMB approval. All (202) 622–3634, Internal Revenue technology; and (e) estimates of capital
comments will become a matter of Service, room 6516, 1111 Constitution or start-up costs and costs of operation,
public record. Comments are invited on: Avenue NW., Washington, DC 20224, or maintenance, and purchase of services
(a) Whether the collection of through the internet at to provide information.
information is necessary for the proper RJoseph.Durbala@irs.gov.
Approved: March 23, 2005.
performance of the functions of the SUPPLEMENTARY INFORMATION: Glenn P. Kirkland,
agency, including whether the Title: Exclusion of Income for Bona IRS Reports Clearance Officer.
information shall have practical utility; Fide Residents of American Samoa. [FR Doc. E5–1310 Filed 3–24–05; 8:45 am]
(b) the accuracy of the agency’s estimate OMB Number: 1545–0173.
BILLING CODE 4830–01–P
of the burden of the collection of Form Number: Form 4563.
information; (c) ways to enhance the Abstract: Form 4563 is used by bona
quality, utility, and clarity of the fide residents of American Samoa to DEPARTMENT OF THE TREASURY
information to be collected; (d) ways to exclude income from sources within
minimize the burden of the collection of American Samoa, Guam, and the Internal Revenue Service
information on respondents, including Commonwealth of the Northern Mariana
Islands to the extent specified in [REG–209793–95]
through the use of automated collection
techniques or other forms of information Internal Revenue Code section 931. This
Proposed Collection; Comment
technology; and (e) estimates of capital information is used by the IRS to
Request for Regulation Project
or start-up costs and costs of operation, determine if an individual is eligible to
maintenance, and purchase of services exclude possession source income. AGENCY: Internal Revenue Service (IRS),
to provide information. Current Actions: There are no changes Treasury.
being made to the Form 4563 at this ACTION: Notice and request for
Approved: March 23, 2005. time. comments.
Glenn P. Kirkland, Type of Review: Extension of a current
IRS Reports Clearance Officer. OMB approval. SUMMARY: The Department of the
[FR Doc. E5–1309 Filed 3–24–05; 8:45 am] Affected Public: Individuals and Treasury, as part of its continuing effort
households. to reduce paperwork and respondent
BILLING CODE 4830–01–P
Estimated Number of Respondents: burden, invites the general public and
100. other Federal agencies to take this
Estimated Time Per Respondent: 1 hr., opportunity to comment on proposed
29 min. and/or continuing information

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15384 Federal Register / Vol. 70, No. 57 / Friday, March 25, 2005 / Notices

collections, as required by the be summarized and/or included in the 1111 Constitution Avenue NW.,
Paperwork Reduction Act of 1995, request for OMB approval. All Washington, DC 20224, or at (202) 622–
Public Law 104–13 (44 U.S.C. comments will become a matter of 3179, or through the Internet at
3506(c)(2)(A)). Currently, the IRS is public record. Comments are invited on: (Larnice.Mack@irs.gov).
soliciting comments concerning an (a) Whether the collection of SUPPLEMENTARY INFORMATION:
existing final regulation, REG–209793– information is necessary for the proper Title: U.S. Income Tax Return for
95 (TD 8697), Simplification of Entity performance of the functions of the Electing Alaska Native Settlement
Classification Rules (sec. 301.7701–3). agency, including whether the Trusts.
DATES: Written comments should be information shall have practical utility; OMB Number: 1545–1776.
received on or before May 24, 2005, to (b) the accuracy of the agency’s estimate Form Number: 1041–N.
be assured of consideration. of the burden of the collection of Abstract: An Alaska Native
ADDRESSES: Direct all written comments information; (c) ways to enhance the Settlement Trust (ANST) may elect
to Glenn Kirkland, Internal Revenue quality, utility, and clarity of the under section 646 to have the special
Service, room 6512, 1111 Constitution information to be collected; (d) ways to income tax treatment of that section
Avenue NW., Washington, DC 20224. minimize the burden of the collection of apply to the trust and its beneficiaries.
FOR FURTHER INFORMATION CONTACT:
information on respondents, including This one-time election is made by filing
Requests for additional information or through the use of automated collection Form 1041–N and the form is used by
copies of the regulations should be techniques or other forms of information the ANST to report its income, etc., and
directed to Larnice Mack at Internal technology; and (e) estimates of capital to compute and pay any income tax.
Revenue Service, room 6512, 1111 or start-up costs and costs of operation, Form 1041–N is also used for the special
Constitution Avenue NW., Washington, maintenance, and purchase of services information reporting requirements that
DC 20224, or at (202) 622–3179, or to provide information. apply to ANSTs.
through the Internet at Approved: March 16, 2005. Current Actions: There are no changes
(Larnice.Mack@irs.gov). Glenn Kirkland, being made to the form at this time.
IRS Reports Clearance Officer. Type of Review: Extension of a
SUPPLEMENTARY INFORMATION:
Title: Simplification of Entity [FR Doc. E5–1313 Filed 3–24–05; 8:45 am] currently approved collection.
Classification Rules. BILLING CODE 4830–01–P
Affected Public: Business or other for-
OMB Number: 1545–1486. profit organizations.
Regulation Project Number: REG– Estimated Number of Respondents:
209793–95. DEPARTMENT OF THE TREASURY 20.
Abstract: This regulation provides Estimated Time Per Respondent: 28
rules to allow certain unincorporated Internal Revenue Service hrs, 3 minutes.
business organizations to elect to be Estimated Total Annual Burden
treated as corporations or partnerships Proposed Collection; Comment Hours: 570.
for federal tax purposes. The election is Request for Form 1041–N The following paragraph applies to all
made by filing Form 8832, Entity of the collections of information covered
AGENCY: Internal Revenue Service (IRS),
Classification Election. The information by this notice:
Treasury.
collected on the election will be used to An agency may not conduct or
ACTION: Notice and request for
verify the classification of electing sponsor, and a person is not required to
comments. respond to, a collection of information
organizations.
Current Actions: There is no change to SUMMARY: The Department of the unless the collection of information
this existing regulation. Treasury, as part of its continuing effort displays a valid OMB control number.
Type of Review: Extension of to reduce paperwork and respondent Books or records relating to a collection
currently approved collection. burden, invites the general public and of information must be retained as long
Affected Public: Businesses or other other Federal agencies to take this as their contents may become material
for-profit organizations, and state, local opportunity to comment on proposed in the administration of any internal
or tribal governments. and/or continuing information revenue law. Generally, tax returns and
The burden for the collection of collections, as required by the tax return information are confidential,
information in this regulation is Paperwork Reduction Act of 1995, as required by 26 U.S.C. 6103.
reflected in the burden estimates of Public Law 104–13 (44 U.S.C. Request for Comments: Comments
Form 8832. 3506(c)(2)(A)). Currently, the IRS is submitted in response to this notice will
The following paragraph applies to all soliciting comments concerning Form be summarized and/or included in the
of the collections of information covered 1041–N U.S. Income Tax Return for request for OMB approval. All
by this notice: Electing Alaska Native Settlement comments will become a matter of
An agency may not conduct or Trusts. public record. Comments are invited on:
sponsor, and a person is not required to (a) Whether the collection of
respond to, a collection of information DATES: Written comments should be information is necessary for the proper
unless the collection of information received on or before May 24, 2005, to performance of the functions of the
displays a valid OMB control number. be assured of consideration. agency, including whether the
Books or records relating to a collection ADDRESSES: Direct all written comments information shall have practical utility;
of information must be retained as long to Glenn Kirkland Internal Revenue (b) the accuracy of the agency’s estimate
as their contents may become material Service, room 6512, 1111 Constitution of the burden of the collection of
in the administration of any internal Avenue NW., Washington, DC 20224. information; (c) ways to enhance the
revenue law. Generally, tax returns and FOR FURTHER INFORMATION CONTACT: quality, utility, and clarity of the
tax return information are confidential, Requests for additional information or information to be collected; (d) ways to
as required by 26 U.S.C. 6103. copies of the form and instructions minimize the burden of the collection of
Request for Comments: Comments should be directed to Larnice Mack at information on respondents, including
submitted in response to this notice will Internal Revenue Service, room 6512, through the use of automated collection

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