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45488 Federal Register / Vol. 70, No.

150 / Friday, August 5, 2005 / Notices

U.S. representative of the manufacturer and were manufactured prior to Description: Taxpayers required to
of the Land Rover Defender 90 MPV, to September 1, 1997, are substantially account for all or part of any long-term
learn whether the company had similar to 1997 Land Rover Defender 90 contract entered into after February 28,
originally manufactured for importation MPVs originally manufactured for 1986, under the percentage of
into and sale in the United States Land importation into and sale in the United completion method must use Form 8697
Rover Defender 90 model MPVs as 1997 States and certified under 49 U.S.C. to compute and report interest due or to
model year vehicles. LRNA stated in 30115, and are capable of being readily be refunded under Internal Revenue
response that they had in fact imported altered to conform to all applicable Code (IRC) section 460(b)(3). The IRS
into the United States for sale Defender FMVSS. uses Form 8697 to determine if the
90 model MPVs that it designated as Authority: 49 U.S.C. 30141(a)(1)(A) and interest has been figured correctly.
model year 1997 vehicles. Noting that (b)(1); 49 CFR 593.8; delegations of authority Taxpayers may compute interest using
similar vehicles were manufactured for at 49 CFR 1.50 and 501.8. the actual method (Part I) or the
many markets around the world, LRNA Simplified Marginal Impact Method
Claude H. Harris,
stated that only those with the vehicle (Part II).
identification number (‘‘VIN’’) prefix Director, Office of Vehicle Safety Compliance.
Respondents: Business and other for-
‘‘SALDV224*VA’’ or ‘‘SALDV324*VA’’ [FR Doc. 05–15480 Filed 8–4–05; 8:45 am] profit, Individuals or households.
should be considered substantially BILLING CODE 4910–59–P Estimated Number of Respondents/
similar to vehicles originally Recordkeepers: 5,000.
manufactured for importation into and Estimated Burden Hours Respondent/
sale in the U.S., and as having the DEPARTMENT OF THE TREASURY Recordkeeper:
capability of being modified to comply
with the FMVSS in the manner Submission for OMB Review; Recordkeeping:
described in the subject petition. Comment Request Part I ......................... 8 hr., 36 min.
LRNA called into question the July 22, 2005.
Part II ........................ 9 hr., 19 min.
petition’s claim that the vehicles may Learning about the law or
The Department of Treasury has the form:
require modification to conform to submitted the following public
FMVSS No. 118 Power-Operated Part I ......................... 2 hr., 22 min.
information collection requirement(s) to Part II ........................ 2 hr., 5 min.
Window, Petition, and Roof Panel OMB for review and clearance under the Preparing, copying, as-
Systems in light of the fact that the 1997 Paperwork Reduction Act of 1995, sembling, and sending
Defender 90 model MPVs that were Public Law 104–13. Copies of the the form to the IRS:
imported and sold in the United States submission(s) may be obtained by Part I ......................... 2 hr., 37 min.
were not equipped with power operated calling the Treasury Bureau Clearance Part II ........................ 2 hr., 19 min.
window systems. Officer listed. Comments regarding this
In addition, LRNA stated that because information collection should be Frequency of Response: Annually.
none of the 1997 Defender 90 model addressed to the OMB reviewer listed Estimated Total Reporting/
MPVs were equipped with automatic and to the Treasury Department Recordkeeping Burden: 68,340 hours.
restraint systems, only those Clearance Officer, Department of the OMB Number: 1545–1073.
manufactured prior to September 1, Treasury, Room 11000, 1750 Form Number: IRS Form 8801.
1997, were imported for sale into the Pennsylvania Avenue, NW., Type of Review: Extension.
United States. Washington, DC 20220. Title: Credit for Prior Year Minimum
In view of JK’s comments, and the Tax—Individuals, Estates and Trusts.
LRNA response, NHTSA has decided to DATES: Written comments should be
Description: Form 8801 is used by the
grant import eligibility only to 1997 received on or before September 6,
individuals, estates, and trusts to
Land Rover Defender 90 MPVs 2005, to be assured of consideration.
compute the minimum tax credit, if any,
identified by VIN prefix Internal Revenue Service (IRS) available from a tax year beginning after
‘‘SALDV224*VA’’ or ‘‘SALDV324*VA’’ OMB Number: 1545–0877. 1986 to be used in the current year or
that were manufactured prior to Form Number: IRS Form 1099–A. to be carried forward for use in a future
September 1, 1997. Type of Review: Extension. year.
Vehicle Eligibility Number for Subject Title: Acquisition or Abandonment of Respondents: Individuals or
Vehicles Secured Property. households.
Description: Form 1099–A is used by Estimated Number of Respondents/
The importer of a vehicle admissible leaders to report foreclosures and Recordkeepers: 38,744.
under any final decision must indicate abandonment of property that is Estimated Burden Hours Respondent/
on the form HS–7 accompanying entry security for a loan. Recordkeeper:
the appropriate vehicle eligibility Respondents: Business and other for-
number indicating that the vehicle is profit. Recordkeeping ................. 2 hr., 4 min.
eligible for entry. VSP–432 is the Estimated Number of Respondents: Learning about the law or 2 hr., 6 min.
vehicle eligibility number assigned to 12,916. the form.
vehicles admissible under this notice of Estimated Burden Hours Respondent: Preparing the form ........... 1 hr., 54 min.
final decision. 9 minutes. Copying, assembling, and 34 min.
Frequency of Response: Annually. sending the form to the
Final Decision Estimated Total Reporting Burden: IRS.
Accordingly, on the basis of the 61,817 hours.
foregoing, NHTSA hereby decides that OMB Number: 1545–1031. Frequency of Response: Annually.
1997 Land Rover Defender 90 MPVs that Form Number: IRS Form 8697. Estimated Total Reporting/
were not originally manufactured to Type of Review: Extension. Recordkeeping Burden: 258,036 hours.
comply with all applicable FMVSS, but Title: Interest Computation Under the OMB Number: 1545–1128.
that have been assigned VIN prefix Look-Back Method for Completed Long- Form Number: IRS Form 8814.
‘‘SALDV224*VA’’ or ‘‘SALDV324*VA’’ term Contracts. Type of Review: Extension.

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Federal Register / Vol. 70, No. 150 / Friday, August 5, 2005 / Notices 45489

Title: Parents’ Election To Report Copying, assembling, 34 min. Respondents: Business and other for-
Child’s Interest and Dividends. and sending the form profit, Not-for-profit institutions.
Description: Form 8814 is used by to the IRS. Estimated Number of Respondents:
parents who elect to report the interest 17,775.
and dividend income of the child under Frequency of Response: Annually. Estimated Burden Hours Respondent:
age 14 on their own tax return. If this Estimated Total Reporting/ 5 hours.
election is made, the child is not Recordkeeping Burden: 843,500 hours. Frequency of Response: On occasion,
required to file a return. OMB Number: 1545–1786. Quarterly.
Respondents: Individuals or Revenue Procedure Numbers: Estimated Total Reporting Burden:
households. Revenue Procedures 2002–37, 2002–38 7,808 hours.
Estimated Number of Respondents/ and 2002–39. OMB Number: 1545–1936.
Recordkeepers: 1,100,000. Type of Review: Extension. Revenue Procedure Number: Revenue
Estimated Burden Hours Respondent/ Title: Changes in Periods of Procedure 2005–24.
Recordkeeper: Accounting. Type of Review: Extension.
Description: The collections of Title: Waiver of Spousal Election.
Recordkeeping ............................ 26 min. information in these three (3) revenue Description: This revenue procedure
Learning about the law or the 11 min. procedures is necessary for the provides guidance on the procedures for
form. Commissioner to determine whether a waiving a spousal election right with
Preparing the form ...................... 40 min. taxpayer may properly obtain approval respect to charitable remainder annuity
Copying, assembling, and send- 16 min. to adopt, change, or retain an annual trusts section 664(d)(1) and charitable
ing the form to the IRS. accounting period. remainder unitrusts under section
Respondents: Business or other for- 664(d)(2) that are established after the
Frequency of Response: Annually. profit, Individuals or households, Not- date that is 90 days after the date the
Estimated Total Reporting/ for-profit institutions, Farms. revenue procedure is published in the
Recordkeeping Burden: 1,470,467 hours. Estimated Number of Respondents: Internal Revenue Bulletin.
OMB Number: 1545–1410. 800. Respondents: Individuals or
Form Number: IRS Form 8840. Estimated Burden Hours Respondent: households, Not-for-profit institutions.
Type of Review: Extension. 53 minutes. Estimated Number of Respondents/
Title: Closer Connection Exception Frequency of Response: Other (once). Recordkeepers: 100,000.
Statement for Aliens. Estimated Total Reporting Burden: Estimated Burden Hours Respondent/
Description: Form 8840 is used by an 700 hours. Recordkeeper: 1 hour, 10 minutes.
alien individual, who meets the OMB Number: 1545–1934. Frequency of Response: On occasion.
substantial presence test, to explain the Regulation Project Number: REG– Estimated Total Reporting/
basis of the individual’s claim that he or 108524–00 Final. Recordkeeping Burden: 150,000 hours.
she is able to satisfy the closer Type of Review: Extension. Clearance Officer: Glenn P. Kirkland
connection exception described in Regs. Title: Section 1446 Regulations. (202) 622–3428, Internal Revenue
Section 301.7701(b)–2. Description: This regulations Service, Room 6516, 1111 Constitution
Respondents: Individuals or implements withholding regime on Avenue, NW., Washington, DC 20224.
households. partnerships conducting business in the OMB Reviewer: Alexander T. Hunt
Estimated Number of Respondents/ United States that have foreign partners. (202) 395–7316, Office of Management
Recordkeepers: 350,000. Such partners are required to pay and Budget, Room 10235, New
Estimated Burden Hours Respondent/ withholding tax in installments on each Executive Office Building, Washington,
Recordkeeper: foreign partner’s allocable share of the DC 20503.
partnership’s U.S. Business taxable
income. Special rules for publicly Lois K. Holland,
Recordkeeping ............... 13 min.
Learning about the law 9 min. traded partnerships such that these Treasury PRA Clearance Officer.
or the form. partnerships pay withholding tax on [FR Doc. 05–15525 Filed 8–4–05; 8:45 am]
Preparing the form ......... 1 hr., 27 min. distributions to foreign partners. BILLING CODE 4830–01–P

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