Proposed Collection; Comment Request for REG-157302-02 (Final), TD 9142, 51875 [2015-21060]
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Federal Register / Vol. 80, No. 165 / Wednesday, August 26, 2015 / Notices
the IRS created Form 14708 to allow
taxpayers who paid a penalty on the
value of Canadian registered retirement
savings plans (RRSP), registered
retirement income funds (RRIF), or
other similar Canadian retirement plans
to request penalty reconsideration. See
Streamlined Domestic Offshore
Procedures FAQ # 12.
In June 2014 the IRS announced
significant revisions to the 2012 OVDP.
See, announcement IR–2014–73 (June
18, 2014). The significantly revised
offshore voluntary disclosure program is
commonly called the 2014 OVDP. In
conjunction with the announcement of
the 2014 OVDP, the IRS updated Forms
14452, 14453, 14454, 14457 and 14467.
The net result is a burden increase of
15,500 estimated responses and 30,500
estimated annual hours per year.’’
R. Joseph Durbala,
IRS, Tax Analyst.
[FR Doc. 2015–21057 Filed 8–25–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for REG–157302–02 (Final),
TD 9142
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning deemed
IRAs in qualified retirement plans.
DATES: Written comments should be
received on or before October 26, 2015
to be assured of consideration.
ADDRESSES: Direct all written comments
to Christie Preston, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the form and instructions
should be directed to Allan Hopkins, at
Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet at Allan.M.Hopkins@irs.gov.
rmajette on DSK7SPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
14:29 Aug 25, 2015
Jkt 235001
SUPPLEMENTARY INFORMATION:
Title: Deemed IRAs in Qualified
Retirement Plans.
OMB Number: 1545–1841.
Form Number: REG–157302–02; TD
9142.
Abstract: Section 408(q), added to the
Internal Revenue Code by section 602 of
the Economic Growth and Tax Relief
Reconciliation Act of 2001, provides
that separate accounts and annuities
may be added to qualified employer
plans and deemed to be individual
retirement accounts and individual
retirement annuities if certain
requirements are met. Section 1.408(q)–
1(f)(2) provides that these deemed IRAs
must be held in a trust or annuity
contract separate from the trust or
annuity contract of the qualified
employer plan. This collection of
information is required to ensure that
the separate requirements of qualified
employer plans and IRAs are met.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations, Not-for-profit
Institutions, and State, local or Tribal
government.
Estimated Number of Respondents:
800.
Estimated Time per Respondent: 50
hours.
Estimated Total Annual Burden
Hours: 40,000.
The following paragraph applies to all
of the collections of information covered
by this notice:
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Books or records relating to a collection
of information must be retained as long
as their contents may become material
in the administration of any internal
revenue law. Generally, tax returns and
tax return information are confidential,
as required by 26 U.S.C. 6103.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
(a) whether the collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
agency’s estimate of the burden of the
collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information to be collected; (d)
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
51875
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology;
and (e) estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: August 19, 2015.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2015–21060 Filed 8–25–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Special Inspector General for Troubled
Asset Relief Program; Delegation of
Authorities
Office of the Special Inspector
General of the Troubled Asset Relief
Program, Treasury.
ACTION: Notice of delegation of
authorities.
AGENCY:
This notice delegates the
authority of the Special Inspector
General of the Office of the Inspector
General of the Troubled Asset Relief
Program (SIGTARP) to issue subpoenas
to the SIGTARP Chief of Staff, SIGTARP
Deputy Special Inspector General,
SIGTARP Deputy Special Inspector
General for Audit, SIGTARP Deputy
Special Inspector General for
Investigations, and SIGTARP General
Counsel. This notice also delegates to
the SIGTARP Chief of Staff, SIGTARP
Deputy Special Inspector General,
SIGTARP Deputy Special Inspector
General for Investigations, and
SIGTARP General Counsel, the
authority of the Special Inspector
General to request information under 5
U.S.C. 552a(b)(7).
DATES: Effective date: August 26, 2015.
FOR FURTHER INFORMATION CONTACT: B.
Chad Bungard, General Counsel,
SIGTARP, at (202) 622–1419.
SUPPLEMENTARY INFORMATION: The
Emergency Economic Stabilization Act
of 2008 (ESSA), created SIGTARP at
section 121. 12 U.S.C. 5231. Section
121(d)(1) of EESA endows the Special
Inspector General with the authorities
set forth at section 6 of the Inspector
General Act of 1978, as amended (the
Act), 5 U.S.C. App. 3. Section 6(a)(4) of
the Act authorizes the Special Inspector
General to require by subpoena the
production of all information,
documents, reports, answers, records,
accounts, papers, and other data and
documentary evidence deemed
necessary in the performance of the
SUMMARY:
E:\FR\FM\26AUN1.SGM
26AUN1
]]>Agencies
[Federal Register Volume 80, Number 165 (Wednesday, August 26, 2015)]
[Notices]
[Page 51875]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-21060]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for REG-157302-02 (Final),
TD 9142
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
deemed IRAs in qualified retirement plans.
DATES: Written comments should be received on or before October 26,
2015 to be assured of consideration.
ADDRESSES: Direct all written comments to Christie Preston, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form and instructions should be directed to Allan
Hopkins, at Internal Revenue Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Deemed IRAs in Qualified Retirement Plans.
OMB Number: 1545-1841.
Form Number: REG-157302-02; TD 9142.
Abstract: Section 408(q), added to the Internal Revenue Code by
section 602 of the Economic Growth and Tax Relief Reconciliation Act of
2001, provides that separate accounts and annuities may be added to
qualified employer plans and deemed to be individual retirement
accounts and individual retirement annuities if certain requirements
are met. Section 1.408(q)-1(f)(2) provides that these deemed IRAs must
be held in a trust or annuity contract separate from the trust or
annuity contract of the qualified employer plan. This collection of
information is required to ensure that the separate requirements of
qualified employer plans and IRAs are met.
Current Actions: There is no change in the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations, Not-
for-profit Institutions, and State, local or Tribal government.
Estimated Number of Respondents: 800.
Estimated Time per Respondent: 50 hours.
Estimated Total Annual Burden Hours: 40,000.
The following paragraph applies to all of the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Books or records
relating to a collection of information must be retained as long as
their contents may become material in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Approved: August 19, 2015.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2015-21060 Filed 8-25-15; 8:45 am]
BILLING CODE 4830-01-P
