Third-Party Disclosure in IRS Regulations; Proposed Collection; Comment Request for Regulation Project, 64013 [E8-25632]
Download as PDF
<![CDATA[
Federal Register / Vol. 73, No. 209 / Tuesday, October 28, 2008 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Third-Party Disclosure in IRS
Regulations; Proposed Collection;
Comment Request for Regulation
Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 existing
regulations, Third-Party Disclosure
Requirements in IRS Regulations.
DATES: Written comments should be
received on or before December 29, 2008
to be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, room 6129, 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 (202)
622–3634, or at Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224,
or through the Internet, at
RJoseph.Durbala@irs.gov.
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 17, 2008.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E8–25632 Filed 10–27–08; 8:45 am]
BILLING CODE 4830–01–P
ebenthall on PROD1PC60 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Third-Party Disclosure
Requirements in IRS Regulations.
OMB Number: 1545–1466.
Abstract: These existing regulations
contain third-party disclosure
requirements that are subject to the
Paperwork Reduction Act of 1995.
Current Actions: There are no changes
being made to these regulations at this
time.
Type of Review: Extension of
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations, and not-for-profit
institutions.
Estimated Number of Respondents:
245,073,905.
Estimated Time per Respondent:
Varies.
Estimated Total Annual Burden
Hours: 68,885,183.
VerDate Aug<31>2005
15:28 Oct 27, 2008
Jkt 217001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[FI–189–84]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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,
PO 00000
Frm 00072
Fmt 4703
Sfmt 4703
64013
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning the
existing final regulations, FI–189–84
(TD 8517, Final), Debt Instruments With
Original Discount; Imputed Interest on
Deferred Payment Sales or Exchanges of
Property.
DATES: Written comments should be
received on or before December 29, 2008
to be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn P. Kirkland, Internal Revenue
Service, room 6129, 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) 622–3634, or
through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Debt Instruments With Original
Discount; Imputed Interest on Deferred
Payment Sales or Exchanges of Property.
OMB Number: 1545–1353.
Regulation Project Number: FI–189–
84.
Abstract: These regulations provide
definitions, reporting requirements,
elections, and general rules relating to
the tax treatment of debt instruments
with original issue discount and the
imputation of, and accounting for,
interest on certain sales or exchanges of
property.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
525,000.
Estimated Time per Respondent: 2
hours 45 minutes.
Estimated Total Annual Burden
Hours: 185,500.
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
E:\FR\FM\28OCN1.SGM
28OCN1
]]>Agencies
[Federal Register Volume 73, Number 209 (Tuesday, October 28, 2008)]
[Notices]
[Page 64013]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-25632]
[[Page 64013]]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Third-Party Disclosure in IRS Regulations; Proposed Collection;
Comment Request for Regulation Project
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
existing regulations, Third-Party Disclosure Requirements in IRS
Regulations.
DATES: Written comments should be received on or before December 29,
2008 to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn P. Kirkland, Internal
Revenue Service, room 6129, 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
(202) 622-3634, or at Internal Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the
Internet, at RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Third-Party Disclosure Requirements in IRS Regulations.
OMB Number: 1545-1466.
Abstract: These existing regulations contain third-party disclosure
requirements that are subject to the Paperwork Reduction Act of 1995.
Current Actions: There are no changes being made to these
regulations at this time.
Type of Review: Extension of currently approved collection.
Affected Public: Individuals or households, business or other for-
profit organizations, and not-for-profit institutions.
Estimated Number of Respondents: 245,073,905.
Estimated Time per Respondent: Varies.
Estimated Total Annual Burden Hours: 68,885,183.
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 17, 2008.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E8-25632 Filed 10-27-08; 8:45 am]
BILLING CODE 4830-01-P
