Federal Register: December 11, 2000 (Volume 65, Number 238)
DOCID: FR Doc 00-31376
DEPARTMENT OF THE TREASURY
Treasury Department
NOTICE: NOTICES
ACTION: Agency information collection activities:
SUBJECT CATEGORY:
Submission for OMB Review; Comment Request
DATES: Written comments should be received on or before January 10, 2001, to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 15451701.
Revenue Procedure Number: Revenue Procedure 200037.
Type of Review: Extension.
Title: Reverse LikeKind Exchanges.
Description: The revenue procedure provides a safe harbor for reverse likekind exchanges under which a transaction using a ``qualified exchange accommodation agreement'' will qualify for non recognition treatment under Sec. 1031 of the Internal Revenue Code.
Respondents: Business or other forprofit, Individuals or households, farms.
Estimated Number of Respondents/Recordkeepers: 1,600.
Estimated Burden Hours Per Respondent/Recordkeeper: 2 hours.
Frequency of Response: Other (one time per transaction).
Estimated Total Reporting/Recordkeeping Burden: 3,200 hours.
Clearance Officer: Garrick Shear, Internal Revenue Service, Room 5244, 1111 Constitution Avenue, NW, Washington, DC 20224
OMB Reviewer: Alexander T. Hunt, (202) 3957860, Office of Management
and Budget, Room 10202, New Executive Office Building, Washington, DC 20503
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 0031376 Filed 12800; 8:45 am]
BILLING CODE 483001U
DOCUMENT SUMMARY:
December 5, 2000.
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 10413. 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.
SUMMARY:
Submission for OMB review; comment request,
DOCUMENT BODY 2:
December 5, 2000.
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 10413. 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.