The Department of the 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.
Written comments should be received on or before July 24, 2000 to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545-1099.
Form Number: IRS Form 8811.
Type of Review: Extension.
Title: Information Return for Real Estate Mortgage Investment Conduits (REMICs) and Issuers of Collateralized Debt Obligations.
Description: Form 8811 is used to collet the name, address, and phone number of a representative of a REMIC who can provide brokers with the correct income amounts that the broker's clients must report on their income tax returns. The form allows the IRS to provide the REMIC industry the information necessary to issue correct information returns to investors.
Respondents: Business or other for-profit.
Estimated Number of Respondents/Recordkeepers: 1,000.
Estimated Burden Hours Per Respondent/Recordkeeper:
Recordkeeping—3 hr., 50 min.
Learning about the law or the form—35 min.
Preparing, copying, assembling, and sending the form to the IRS—41 min.
Frequency of Response: Other (One-time for each obligation.)
Estimated Total Reporting/Recordkeeping Burden: 5,110 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 and Budget, Room 10202, New Executive Office Building, Washington, DC 20503.Start Signature
Mary A. Able,
Departmental Reports, Management Officer.
[FR Doc. 00-15726 Filed 6-21-00; 8:45 am]
BILLING CODE 4830-01-U