Proposed Collection; Comment Request for Regulations Associated With Miscellaneous Elections, 29177-29178 [2017-13346]

Download as PDF 29177 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices DATA ITEMS WITH AN INCREASE IN REPORTING THRESHOLD—Continued [Schedule RI–D is to be completed by banks with foreign offices (including Edge or Agreement subsidiaries and IBFs) and $10 billion or more in total assets where foreign office revenues, assets, or net income exceed 10 percent of consolidated total revenues, total assets, or net income.] [Schedule RC–D is to be completed by banks that reported total trading assets of $10 million or more in any of the four preceding calendar quarters and all banks meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes.] Schedule Item Item name ................... ................... ................... ................... ................... ................... ................... ................... M5.c ........................... M5.d .......................... M5.e .......................... M5.f ........................... M7.a .......................... M7.b .......................... M8 ............................. M9 ............................. Asset-backed securities: Automobile loans ................................... Asset-backed securities: Other consumer loans ........................... Asset-backed securities: Commercial and industrial loans ........... Asset-backed securities: Other ..................................................... Equity securities: Readily determinable fair values ...................... Equity securities: Other ................................................................. Loans pending securitization ......................................................... Other trading assets ...................................................................... RC–D ................... M10 ........................... Other trading liabilities ................................................................... RC–D RC–D RC–D RC–D RC–D RC–D RC–D RC–D MDRM No. RCFDF645 RCFDF646 RCFDF647 RCFDF648 RCFDF652 RCFDF653 RCFDF654 RCFDF655, RCFDF656, RCFDF657 RCFDF658, RCFDF659, RCFDF660 To be completed by banks with total trading assets of $10 million or more for any quarter of the preceding calendar year RI RI RI RI RI ......................... ......................... ......................... ......................... ......................... M8.a M8.b M8.c M8.d M8.e .......................... .......................... ........................... .......................... .......................... Trading Trading Trading Trading Trading revenue: revenue: revenue: revenue: revenue: Interest rate exposures ..................................... Foreign exchange exposures ........................... Equity security and index exposures ................ Commodity and other exposures ...................... Credit exposures ............................................... RIAD8757 RIAD8758 RIAD8759 RIAD8760 RIADF186 To be completed by banks with components of other noninterest income in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 5.l RI–E ..................... 1.a through 1.l ........... Other noninterest income (from Schedule RI, item 5.l) ................ RIADC013, RIADC014, RIADC016, RIAD4042, RIADC015, RIADF555, RIADT047, RIAD4461, RIAD4462, RIAD4463 To be completed by banks with components of other noninterest expense in amounts greater than $100,000 that exceed 7 percent of Schedule RI, item 7.d RI–E ..................... 2.a through 2.p .......... Other noninterest expense (from Schedule RI, item 7.d) ............. RIADC017, RIAD0497, RIAD4136, RIADC018, RIAD8403, RIAD4141, RIAD4146, RIADF556, RIADF557, RIADF558, RIADF559, RIADY923, RIADY924, RIAD4464, RIAD4467, RIAD4468 To be completed by banks with total trading assets of $10 million or more in any of the four preceding calendar quarters and all banks meeting the FDIC’s definition of a large or highly complex institution for deposit insurance assessment purposes. mstockstill on DSK30JT082PROD with NOTICES RC–K ................... 7 ................................ Trading assets ............................................................................... Dated: June 21, 2017. Karen Solomon, Deputy Chief Counsel, Office of the Comptroller of the Currency. Board of Governors of the Federal Reserve System, June 21, 2017. Ann E. Misback, Secretary of the Board. Dated at Washington, DC, this 21st day of June, 2017. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2017–13442 Filed 6–26–17; 8:45 am] BILLING CODE 4810–33–P 6210–01–P 6714–01–P VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulations Associated With Miscellaneous Elections Internal Revenue Service (IRS), Treasury. ACTION: Notice of information collection; request for comments. AGENCY: The Internal Revenue Service (IRS), in accordance with the Paperwork Reduction Act of 1995 (PRA 95), provides the general public and Federal agencies with an opportunity to comment on continuing collections of SUMMARY: PO 00000 Frm 00156 Fmt 4703 Sfmt 4703 RCFD3401 information. The IRS is soliciting comments concerning regulations relating to the time and manner of Making Certain Elections Under the Technical and Miscellaneous Revenue Act of 1988, and the Redesignation of Certain Other Temporary Elections Regulations. These regulations provide guidance to persons making these elections. Written comments should be received on or before August 28, 2017 to be assured of consideration. DATES: Direct all written comments to L. Brimmer, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. ADDRESSES: E:\FR\FM\27JNN1.SGM 27JNN1 mstockstill on DSK30JT082PROD with NOTICES 29178 Federal Register / Vol. 82, No. 122 / Tuesday, June 27, 2017 / Notices Requests for additional information or copies of the regulation should be directed to Taquesha Cain, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at Taquesha.R.Cain@irs.gov. SUPPLEMENTARY INFORMATION: Title: Certain Elections Under the Technical and Miscellaneous Revenue Act of 1988 and the Redesignation of Certain Other Temporary Elections Regulations. OMB Number: 1545–1112. Regulation Project Number: TD 8435 (Reg–301.9100–8). Abstract: Regulation section 301.9100–8 provides final income, estate and gift, and employment tax regulations relating to elections made under the Technical and Miscellaneous Revenue Act of 1988. This regulation enables taxpayers to take advantage of various benefits provided by the Internal Revenue Code. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, business or other for-profit organizations, not-for-profit institutions, farms, and state, local, or tribal governments. Estimated Number of Respondents: 24,105. Estimated Time per Respondent: 17 minutes. Estimated Total Annual Burden Hours: 6,661. 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 VerDate Sep<11>2014 18:33 Jun 26, 2017 Jkt 241001 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: June 19, 2017. L. Brimmer, Senior Tax Analyst. [FR Doc. 2017–13346 Filed 6–26–17; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Regulation Project Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service, 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 information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning exclusions from gross income of foreign corporations. DATES: Written comments should be received on or before August 28, 2017 to be assured of consideration. ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. Requests for additional information or copies of the regulations should be directed to Sara Covington, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet, at Sara.L.Covington@irs.gov. SUPPLEMENTARY INFORMATION: Title: Exclusions From Gross Income of Foreign Corporations. OMB Number: 1545–1677. Regulation Project Number: TD 9502. Abstract: This regulation contains rules implementing the portions of section 883(a) and (c) of the Internal Revenue Code that relate to income derived by foreign corporations from the international operation of a ship or ships or aircraft. The rules provide, in general, that a foreign corporation organized in a qualified foreign country SUMMARY: PO 00000 Frm 00157 Fmt 4703 Sfmt 9990 and engaged in the international operation of ships or aircraft shall exclude qualified income from gross income for purposes of United States Federal income taxation, provided that the corporation can satisfy certain ownership and related documentation requirements. Current Actions: There are no changes being made to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit and not-for-profit institutions and individuals or households. Estimated Number of Respondents: 16,400. Estimated Time per Respondent: 1 hr., 27 min. Estimated Total Annual Burden Hours: 23,900. 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: June 19, 2017. L. Brimmer, Senior Tax Analyst. [FR Doc. 2017–13341 Filed 6–26–17; 8:45 am] BILLING CODE P E:\FR\FM\27JNN1.SGM 27JNN1

Agencies

[Federal Register Volume 82, Number 122 (Tuesday, June 27, 2017)]
[Notices]
[Pages 29177-29178]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-13346]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulations Associated 
With Miscellaneous Elections

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of information collection; request for comments.

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

SUMMARY: The Internal Revenue Service (IRS), in accordance with the 
Paperwork Reduction Act of 1995 (PRA 95), provides the general public 
and Federal agencies with an opportunity to comment on continuing 
collections of information. The IRS is soliciting comments concerning 
regulations relating to the time and manner of Making Certain Elections 
Under the Technical and Miscellaneous Revenue Act of 1988, and the 
Redesignation of Certain Other Temporary Elections Regulations. These 
regulations provide guidance to persons making these elections.

DATES: Written comments should be received on or before August 28, 2017 
to be assured of consideration.

ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224.

[[Page 29178]]

    Requests for additional information or copies of the regulation 
should be directed to Taquesha Cain, Room 6526, 1111 Constitution 
Avenue NW., Washington, DC 20224, or through the internet at 
Taquesha.R.Cain@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Certain Elections Under the Technical and Miscellaneous 
Revenue Act of 1988 and the Redesignation of Certain Other Temporary 
Elections Regulations.
    OMB Number: 1545-1112.
    Regulation Project Number: TD 8435 (Reg-301.9100-8).
    Abstract: Regulation section 301.9100-8 provides final income, 
estate and gift, and employment tax regulations relating to elections 
made under the Technical and Miscellaneous Revenue Act of 1988. This 
regulation enables taxpayers to take advantage of various benefits 
provided by the Internal Revenue Code.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, business or other for-
profit organizations, not-for-profit institutions, farms, and state, 
local, or tribal governments.
    Estimated Number of Respondents: 24,105.
    Estimated Time per Respondent: 17 minutes.
    Estimated Total Annual Burden Hours: 6,661.
    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: June 19, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-13346 Filed 6-26-17; 8:45 am]
 BILLING CODE 4830-01-P
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