Proposed Collection; Comment Request for Revenue Procedure 2016-30, 71199-71200 [2016-24820]

Agencies

• Internal Revenue Service
• DEPARTMENT OF THE TREASURY

[Federal Register Volume 81, Number 199 (Friday, October 14, 2016)]
[Notices]
[Pages 71199-71200]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-24820]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2016-
30

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 
Revenue Procedure 2016-30, Pre-filing Agreement Program.

DATES: Written comments should be received on or before December 13, 
2016 to be assured of consideration.

ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal 
Revenue Service, Room 6527, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulations should be directed to R. Joseph Durbala at 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or at (202) 317-5746, or through the internet at 
RJoseph.Durbala@irs.gov.

[[Page 71200]]


SUPPLEMENTARY INFORMATION:
    Title: Pre-filing Agreement Program.
    OMB Number: 1545-1684.
    Regulation Project Number: Revenue Procedure 2016-30.
    Abstract: This revenue procedure permits a taxpayer under the 
jurisdiction of the Large Business and International Division (LB&I) to 
request that the Service examine specific issues relating to tax 
returns before those returns are filed. This revenue procedure modifies 
and supersedes Rev. Proc. 2009-14, 2009-3 I.R.B. 324.
    This revenue procedure provides the framework within which a 
taxpayer and the Service may work together in a cooperative environment 
to resolve, after examination, issues accepted into the program. If the 
taxpayer and the Service are able to resolve the examined issues before 
the tax returns that they affect are filed, this revenue procedure 
authorizes the taxpayer and the Service to memorialize their agreement 
by executing an LB&I Pre-Filing Agreement (PFA).
    Current Actions: There are no changes to the total burden 
previously approved for this collection. However, updates are being 
requested to the estimated number of respondents/recordkeepers and the 
estimated time per response to be more consistent with taxpayer 
timeframes. We are making this submission for renewal purposes.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents/Recordkeepers: 18.
    Estimated Time per Response: 729 hours, 40 minutes.
    Estimated Total Annual Burden Hours: 13,134.
    The following paragraph applies to all the collections of 
information covered by this notice.
    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: October 6, 2016.
R. Joseph Durbala,
 Tax Analyst, IRS.
[FR Doc. 2016-24820 Filed 10-13-16; 8:45 am]
 BILLING CODE 4830-01-P