80 FR 66016 - Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties
DEPARTMENT OF HOMELAND SECURITY
U.S. Customs and Border Protection Federal Register Volume 80, Issue 208 (October 28, 2015)
U.S. Customs and Border Protection
Federal Register Volume 80, Issue 208 (October 28, 2015)
| Page Range | 66016-66018 | |
| FR Document | 2015-27437 |
[Federal Register Volume 80, Number 208 (Wednesday, October 28, 2015)] [Notices] [Pages 66016-66018] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-27437] ----------------------------------------------------------------------- DEPARTMENT OF HOMELAND SECURITY U.S. Customs and Border Protection Quarterly IRS Interest Rates Used in Calculating Interest on Overdue Accounts and Refunds on Customs Duties AGENCY: U.S. Customs and Border Protection, Department of Homeland Security. ACTION: General notice. ----------------------------------------------------------------------- SUMMARY: This notice advises the public of the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties remains unchanged from the previous quarter. For the calendar quarter beginning October 1, 2015, the interest rates for overpayments will be 2 percent for corporations and 3 percent for non-corporations, and the interest rate for underpayments will be 3 percent for both corporations and non-corporations. This notice is published for the convenience of the importing public and U.S. Customs and Border Protection personnel. DATES: Effective Date: October 1, 2015. FOR FURTHER INFORMATION CONTACT: Michael P. Dean, Revenue Division, Collection and Refunds Branch, 6650 Telecom Drive, Suite #100, Indianapolis, Indiana 46278; telephone (317) 614-4882. SUPPLEMENTARY INFORMATION: Background Pursuant to 19 U.S.C. 1505 and Treasury Decision 85-93, published in the Federal Register on May 29, 1985 (50 FR 21832), the interest rate paid on applicable overpayments or underpayments of customs duties must be in accordance with the Internal Revenue Code rate established under 26 U.S.C. 6621 and 6622. Section 6621 provides different interest rates applicable to overpayments: One for corporations and one for non- corporations. The interest rates are based on the Federal short-term rate and determined by the Internal Revenue Service (IRS) on behalf of the Secretary of the Treasury on a quarterly basis. The rates effective [[Page 66017]] for a quarter are determined during the first-month period of the previous quarter. In Revenue Ruling 2015-17, the IRS determined the rates of interest for the calendar quarter beginning October 1, 2015, and ending on December 31, 2015. The interest rate paid to the Treasury for underpayments will be the Federal short-term rate (1) plus two percentage points (2) for a total of three percent (3) for both corporations and non-corporations. For corporate overpayments, the rate is the Federal short-term rate (1) plus one percentage point (1) for a total of two percent (2). For overpayments made by non-corporations, the rate is the Federal short-term rate (1) plus two percentage points (2) for a total of three percent (3). These interest rates are subject to change for the calendar quarter beginning January 1, 2016, and ending March 31, 2016. For the convenience of the importing public and U.S. Customs and Border Protection personnel the following list of IRS interest rates used, covering the period from before July of 1974 to date, to calculate interest on overdue accounts and refunds of customs duties, is published in summary format. ---------------------------------------------------------------------------------------------------------------- Corporate Under-payments Over-payments Overpay- ments Beginning date Ending date (percent) (percent) (Eff. 1-1-99) (percent) ---------------------------------------------------------------------------------------------------------------- 070174.......................................... 063075 6 6 070175.......................................... 013176 9 9 020176.......................................... 013178 7 7 020178.......................................... 013180 6 6 020180.......................................... 013182 12 12 020182.......................................... 123182 20 20 010183.......................................... 063083 16 16 070183.......................................... 123184 11 11 010185.......................................... 063085 13 13 070185.......................................... 123185 11 11 010186.......................................... 063086 10 10 070186.......................................... 123186 9 9 010187.......................................... 093087 9 8 100187.......................................... 123187 10 9 010188.......................................... 033188 11 10 040188.......................................... 093088 10 9 100188.......................................... 033189 11 10 040189.......................................... 093089 12 11 100189.......................................... 033191 11 10 040191.......................................... 123191 10 9 010192.......................................... 033192 9 8 040192.......................................... 093092 8 7 100192.......................................... 063094 7 6 070194.......................................... 093094 8 7 100194.......................................... 033195 9 8 040195.......................................... 063095 10 9 070195.......................................... 033196 9 8 040196.......................................... 063096 8 7 070196.......................................... 033198 9 8 040198.......................................... 123198 8 7 010199.......................................... 033199 7 7 6 040199.......................................... 033100 8 8 7 040100.......................................... 033101 9 9 8 040101.......................................... 063001 8 8 7 070101.......................................... 123101 7 7 6 010102.......................................... 123102 6 6 5 010103.......................................... 093003 5 5 4 100103.......................................... 033104 4 4 3 040104.......................................... 063004 5 5 4 070104.......................................... 093004 4 4 3 100104.......................................... 033105 5 5 4 040105.......................................... 093005 6 6 5 100105.......................................... 063006 7 7 6 070106.......................................... 123107 8 8 7 010108.......................................... 033108 7 7 6 040108.......................................... 063008 6 6 5 070108.......................................... 093008 5 5 4 100108.......................................... 123108 6 6 5 010109.......................................... 033109 5 5 4 040109.......................................... 123110 4 4 3 010111.......................................... 033111 3 3 2 040111.......................................... 093011 4 4 3 100111.......................................... 123115 3 3 2 ---------------------------------------------------------------------------------------------------------------- [[Page 66018]] Dated: October 23, 2015. R. Gil Kerlikowske, Commissioner. [FR Doc. 2015-27437 Filed 10-27-15; 8:45 am] BILLING CODE 9111-14-P
![66016 Federal Register / Vol. 80, No. 208 / Wednesday, October 28, 2015 / Notices
Homeland Security’’ and the docket Mobile Offshore Drilling Unit Dated: October 13, 2015.
number for this action. Comments Subcommittee will meet from 3 p.m. to J.G. Lantz,
received will be posted without 4 p.m. Director of Commercial Regulations and
alteration at http://www.regulations.gov, Standards.
including any personal information Day 2
[FR Doc. 2015–27419 Filed 10–27–15; 8:45 am]
provided. You may review a Privacy Act The National Offshore Safety BILLING CODE 9110–04–P
notice regarding the Federal Docket Advisory full Committee will hold a
Management System in the March 24, public meeting on November 19, 2015
2005, issue of the Federal Register (70 from 8:30 a.m. to 4:30 p.m. to review DEPARTMENT OF HOMELAND
FR 15086). and discuss the progress of the SECURITY
Docket: For access to the docket to
Subcommittees and any reports and
read documents or comments related to U.S. Customs and Border Protection
this notice, go to http:// recommendations received from the
www.regulations.gov, insert USCG– above listed Subcommittees from their Quarterly IRS Interest Rates Used in
2015–0805 in the Search box, press deliberations on November 18, 2015. Calculating Interest on Overdue
Enter, and then click on the item you The Committee will then use this Accounts and Refunds on Customs
wish to view. information and consider public Duties
A public oral comment period will be comments in formulating
recommendations to the U.S. Coast AGENCY: U.S. Customs and Border
held during the meeting on November
Guard. Public comments or questions Protection, Department of Homeland
19, 2015, and speakers are requested to
will be taken at the discretion of the Security.
limit their comments to 3 minutes.
Contact one of the individuals listed Designated Federal Officer during the ACTION: General notice.
below to register as a speaker. discussion and recommendation
SUMMARY: This notice advises the public
FOR FURTHER INFORMATION CONTACT: portions of the meeting as well as
of the quarterly Internal Revenue
Commander Jose Perez, Designated during the public comment period, see
Service interest rates used to calculate
Federal Officer of the National Offshore Agenda item (4).
interest on overdue accounts
Safety Advisory Committee, A complete agenda for November 19, (underpayments) and refunds
Commandant (CG–OES–2), U.S. Coast 2015 Committee meeting is as follows: (overpayments) of customs duties
Guard, 2703 Martin Luther King Jr. (1) General Administration, remains unchanged from the previous
Avenue SE. Stop 7509, Washington, DC quarter. For the calendar quarter
acceptance of minutes from the April
20593–7509; telephone (202) 372–1410, beginning October 1, 2015, the interest
2015 NOSAC public meeting.
fax (202) 372–8382 or email rates for overpayments will be 2 percent
jose.a.perez3@uscg.mil, or Mr. Pat Clark, (2) Current Business—Presentation
for corporations and 3 percent for non-
telephone (202) 372–1358, fax (202) and discussion of Subcommittee
corporations, and the interest rate for
372–8382 or email Patrick.w.clark@ updates and any final reports to include
underpayments will be 3 percent for
uscg.mil. recommendations from the
both corporations and non-corporations.
Subcommittees on Cyber Security, This notice is published for the
SUPPLEMENTARY INFORMATION: Notice of
Lifeboat Safety, and Towing of Mobil convenience of the importing public
this meeting is given under the Federal
Advisory Committee Act, Title 5 United Offshore Drilling Units. and U.S. Customs and Border Protection
States Code, Appendix. The National (3) New Business—Introduction of personnel.
Offshore Safety Advisory Committee new Task Statements by the Coast DATES: Effective Date: October 1, 2015.
provides advice and recommendations Guard: FOR FURTHER INFORMATION CONTACT:
to the Department of Homeland Security a) Offshore Well Intervention Michael P. Dean, Revenue Division,
on matters and actions concerning Operations. Collection and Refunds Branch, 6650
activities directly involved with or in Telecom Drive, Suite #100,
(4) Presentations and discussions on
support of the exploration of offshore Indianapolis, Indiana 46278; telephone
mineral and energy resources insofar as the following matters:
(317) 614–4882.
they relate to matters within U.S. Coast (a) Marine Well Containment;
SUPPLEMENTARY INFORMATION:
Guard jurisdiction. (b) The Bureau of Safety and
A copy of all meeting documentation Environmental Enforcement’s Risk Background
will be available at https:// Based Inspection Program; Pursuant to 19 U.S.C. 1505 and
homeport.uscg.mil/nosac no later than Treasury Decision 85–93, published in
November 1, 2015. Alternatively, you (5) Public comment period.
the Federal Register on May 29, 1985
may contact Mr. Pat Clark as noted in The agenda, any draft final reports, (50 FR 21832), the interest rate paid on
the FOR FURTHER INFORMATION CONTACT new task statements and presentations applicable overpayments or
section above. will be available approximately 7 days underpayments of customs duties must
prior to the meeting at the https:// be in accordance with the Internal
Agenda
homeport.uscg.mil/nosac Web site or by Revenue Code rate established under 26
Day 1 contacting Mr. Pat Clark in the FOR U.S.C. 6621 and 6622. Section 6621
The National Offshore Safety FURTHER INFORMATION CONTACT. provides different interest rates
mstockstill on DSK4VPTVN1PROD with NOTICES
Advisory Subcommittee on Cyber Minutes applicable to overpayments: One for
Security on the Outer Continental Shelf corporations and one for non-
will meet on November 18, 2015 from Meeting minutes from this public corporations.
1 p.m. to 2 p.m. to review, discuss and meeting will be available for public The interest rates are based on the
formulate recommendations. Following view and copying within 90 days Federal short-term rate and determined
this Subcommittee meeting, the Lifeboat following the close of the meeting at the by the Internal Revenue Service (IRS) on
Safety Subcommittee will meet from 2 https://homeport.uscg.mil/nosac Web behalf of the Secretary of the Treasury
p.m. to 3 p.m. and then the Towing of site. on a quarterly basis. The rates effective
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![66018 Federal Register / Vol. 80, No. 208 / Wednesday, October 28, 2015 / Notices
Dated: October 23, 2015. ADDRESSES: Each LOMR is available for the community is required either to
R. Gil Kerlikowske, inspection at both the respective adopt or to show evidence of being
Commissioner. Community Map Repository address already in effect in order to remain
[FR Doc. 2015–27437 Filed 10–27–15; 8:45 am] listed in the table below and online qualified for participation in the
BILLING CODE 9111–14–P
through the FEMA Map Service Center National Flood Insurance Program
at www.msc.fema.gov. (NFIP).
FOR FURTHER INFORMATION CONTACT: Luis This new or modified flood hazard
DEPARTMENT OF HOMELAND Rodriguez, Chief, Engineering information, together with the
SECURITY Management Branch, Federal Insurance floodplain management criteria required
and Mitigation Administration, FEMA, by 44 CFR 60.3, are the minimum that
Federal Emergency Management 500 C Street SW., Washington, DC are required. They should not be
Agency 20472, (202) 646–4064, or (email) construed to mean that the community
Luis.Rodriguez3@fema.dhs.gov; or visit must change any existing ordinances
[Docket ID FEMA–2015–0001] the FEMA Map Information eXchange that are more stringent in their
(FMIX) online at floodplain management requirements.
Changes in Flood Hazard www.floodmaps.fema.gov/fhm/fmx_ The community may at any time enact
Determinations main.html. stricter requirements of its own or
SUPPLEMENTARY INFORMATION: The pursuant to policies established by other
AGENCY: Federal Emergency
Federal Emergency Management Agency Federal, State, or regional entities.
Management Agency, DHS.
(FEMA) makes the final flood hazard This new or modified flood hazard
ACTION: Final Notice.
determinations as shown in the LOMRs determinations are used to meet the
SUMMARY: New or modified Base (1- for each community listed in the table floodplain management requirements of
percent annual chance) Flood below. Notice of these modified flood the NFIP and also are used to calculate
Elevations (BFEs), base flood depths, hazard determinations has been the appropriate flood insurance
Special Flood Hazard Area (SFHA) published in newspapers of local premium rates for new buildings, and
boundaries or zone designations, and/or circulation and 90 days have elapsed for the contents in those buildings. The
regulatory floodways (hereinafter since that publication. The Deputy changes in flood hazard determinations
referred to as flood hazard Associate Administrator for Mitigation are in accordance with 44 CFR 65.4.
has resolved any appeals resulting from Interested lessees and owners of real
determinations) as shown on the
this notification. property are encouraged to review the
indicated Letter of Map Revision
The modified flood hazard final flood hazard information available
(LOMR) for each of the communities determinations are made pursuant to
listed in the table below are finalized. at the address cited below for each
section 206 of the Flood Disaster community or online through the FEMA
Each LOMR revises the Flood Insurance Protection Act of 1973, 42 U.S.C. 4105,
Rate Maps (FIRMs), and in some cases Map Service Center at
and are in accordance with the National www.msc.fema.gov.
the Flood Insurance Study (FIS) reports, Flood Insurance Act of 1968, 42 U.S.C.
currently in effect for the listed 4001 et seq., and with 44 CFR part 65. (Catalog of Federal Domestic Assistance No.
communities. The flood hazard For rating purposes, the currently 97.022, ‘‘Flood Insurance.’’)
determinations modified by each LOMR effective community number is shown Dated: October 8, 2015.
will be used to calculate flood insurance and must be used for all new policies Roy E. Wright,
premium rates for new buildings and and renewals. Deputy Associate Administrator for Insurance
their contents. The new or modified flood hazard and Mitigation, Department of Homeland
DATES: The effective date for each information is the basis for the Security, Federal Emergency Management
LOMR is indicated in the table below. floodplain management measures that Agency.
Effective date of Community
State and county Location and case No. Chief executive officer of community Community map repository modification No.
Arizona:
Gila (FEMA Docket City of Globe (15–09– The Honorable Terence O. Wheeler, 150 North Pine Street, Globe, Aug. 27, 2015 ............ 040029
No.: B–1519). 0719P). Mayor, City of Globe, 150 North Pine AZ 85501.
Street, Globe, AZ 85501.
Gila (FEMA Docket Unincorporated areas of The Honorable Michael A. Pastor, Gila County Courthouse, Aug. 27, 2015 ............ 040028
No.: B–1519). Gila County (15–09– Chairman, Gila County Board of Su- 1400 East Ash Street,
0719P). pervisors, Gila County Courthouse, Globe, AZ 85501.
1400 East Ash Street, Globe, AZ
85501.
Maricopa (FEMA City of Goodyear (14– The Honorable Georgia Lord, Mayor, City Hall, 190 North Litchfield Aug. 28, 2015 ............ 040046
Docket No.: B– 09–4544P). City of Goodyear, 190 North Litchfield Road, Goodyear, AZ 85338.
1519). Road, Goodyear, AZ 85338.
Maricopa (FEMA Unincorporated areas of The Honorable Steve Chucri, Chairman, Flood Control District of Mari- Aug. 28, 2015 ............ 040037
Docket No.: B– Maricopa County Maricopa County Board of Super- copa County, 2801 West
1519). (14–09–4544P). visors, 301 West Jefferson, 10th Durango Street, Phoenix,
Floor, Phoenix, AZ 85003. AZ 85009.
mstockstill on DSK4VPTVN1PROD with NOTICES
Maricopa (FEMA Town of Buckeye (15– The Honorable Jackie A. Meck, Mayor, Town Hall, 100 North Apache Aug. 7, 2015 .............. 040039
Docket No.: B– 09–0487P). Town of Buckeye, 530 East Monroe Street, Suite A, Buckeye,
1519). Avenue, Buckeye, AZ 85326. AZ 85326.
Maricopa (FEMA City of Phoenix (15–09– The Honorable Greg Stanton, Mayor, Street Transportation Depart- Jul. 31, 2015 .............. 040051
Docket No.: B– 0681P). City of Phoenix, 200 West Wash- ment, 200 West Wash-
1519). ington Street, Phoenix, AZ 85003. ington Street, 5th Floor,
Phoenix, AZ 85003.
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Document Created: 2018-02-27 08:58:14
Document Modified: 2018-02-27 08:58:14
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | General notice. | |
| Dates | Effective Date: October 1, 2015. | |
| Contact | Michael P. Dean, Revenue Division, Collection and Refunds Branch, 6650 Telecom Drive, Suite #100, Indianapolis, Indiana 46278; telephone (317) 614-4882. | |
| FR Citation | 80 FR 66016 |
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