Proposed Collection; Comment Request for Regulation Project, 27749-27750 [2011-11590]
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Federal Register / Vol. 76, No. 92 / Thursday, May 12, 2011 / Notices
the IRS to determine whether an issuer
or a holder has changed its method of
accounting for premium.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations and individuals.
Estimated Number of Respondents:
10,000.
Estimated Total Annual Burden
Hours: 7,500.
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
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: May 2, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–11598 Filed 5–11–11; 8:45 am]
wwoods2 on DSK1DXX6B1PROD with NOTICES_PART 1
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
AGENCY:
VerDate Mar<15>2010
14:49 May 11, 2011
Jkt 223001
Notice and request for
comments.
ACTION:
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)). The IRS soliciting
comments concerning information
collection requirements related to
Capital Gains, Partnership, Subchapter
S, and Trusts Provisions.
DATES: Written comments should be
received on or before July 11, 2011 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Yvette B. Lawrence, 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 Joel Goldberger at Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202)927–9368, or
through the Internet at
Joel.P.Goldberger@irs.gov.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Title: Capital Gains, Partnership,
Subchapter S, and Trusts Provisions.
OMB Number: 1545–1654.
Regulation Project Number: REG–
106527–98 (TD 8902).
Abstract: The regulation relates to
sales, or exchanges of interests in
partnerships, S corporations, and trusts.
The regulations interpret the lookthrough provision of section 1(h), added
by section 311 of the Taxpayer Relief
Act of 1997 and amended by sections
5001 and 6005(d) of the Internal
Revenue Service Restructuring and
Return Act of 1998, and explain the
rules relating to the division of the
holding period of a partnership interest.
The regulations affect partnerships,
partners, S corporations, S corporation
shareholders, trusts, and trusts
beneficiaries.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Businesses or other
for-profit organizations, and state, local
or tribal governments.
The burden estimates for requirement
is reflected in the burden estimates for:
Form 1040, U.S. Individual Income Tax
Return; Form 1065, U.S. Partnership
Return of Income; Form 1041, U.S.
PO 00000
Frm 00117
Fmt 4703
Sfmt 4703
27749
Income Tax Return for Estates and
Trusts; and Form 1120S, U.S. Income
Tax Return for an S Corporation.
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: May 5, 2011.
Yvette B.Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–11588 Filed 5–11–11; 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 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
SUMMARY:
E:\FR\FM\12MYN1.SGM
12MYN1
wwoods2 on DSK1DXX6B1PROD with NOTICES_PART 1
27750
Federal Register / Vol. 76, No. 92 / Thursday, May 12, 2011 / Notices
Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). The IRS is soliciting
comments concerning information
collection requirements related to
Return Requirement for United States
Persons Acquiring or Disposing of an
Interest in a Foreign Partnership, or
Whose Proportional Interest in a Foreign
Partnership Changes.
DATES: Written comments should be
received on or before July 11, 2011 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Yvette B. Lawrence, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this regulation should be
directed to Joel Goldberger, (202) 927–
9368, Internal Revenue Service, room
6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or through the
Internet at Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Return Requirement for United
States Persons Acquiring or Disposing of
an Interest in a Foreign Partnership, or
Whose Proportional Interest in a Foreign
Partnership Changes.
OMB Number: 1545–1646.
Regulation Project Number: T.D. 8851.
Abstract: Section 6046A requires U.S.
persons to provide certain information
with respect to the acquisition or
disposition of a 10-percent interest in,
or a 10-percent change in ownership of,
a foreign partnership. This regulation
provides reporting rules to identify U.S.
persons with significant interests in
foreign partnerships to ensure the
correct reporting of items with respect
to these interests.
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, Individuals or
households and not-for-profit
institutions.
The burden is reflected in the burden
of Form 8865.
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.
VerDate Mar<15>2010
14:49 May 11, 2011
Jkt 223001
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: May 5, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011–11590 Filed 5–11–11; 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 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)). The IRS is soliciting
comments concerning information
collection requirements related to
Continuation Coverage Requirements
Application to Group Health Plans.
DATES: Written comments should be
received on or before July 11, 2011 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Yvette B. Lawrence, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of regulation should be directed
SUMMARY:
PO 00000
Frm 00118
Fmt 4703
Sfmt 4703
to Joel Goldberger, (202) 927–9368,
Internal Revenue Service, room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or through the
Internet at Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Continuation Coverage
Requirements Application to Group
Health Plans.
OMB Number: 1545–1581.
Regulation Project Number: REG–
209485–86 (TD8812).
Abstract: The regulations require
group health plans to provide notices to
individuals who are entitled to elect
COBRA (The Consolidated Omnibus
Budget Reconciliation Act of 1985)
continuation coverage of their election
rights. Individuals who wish to obtain
the benefits provided under the statute
are required to provide plans notices in
the cases of divorce from the covered
employee, a dependent child’s ceasing
to be dependent under the terms of the
plan, and disability. Most plans will
require that elections of COBRA
continuation coverage be made in
writing. In cases where qualified
beneficiaries are short by an
insignificant amount in a payment made
to the plan, the regulations require the
plan to notify the qualified beneficiary
if the plan does not wish to treat the
tendered payment as full payment. If a
health care provider contacts a plan to
confirm coverage of a qualified
beneficiary, the regulations require that
the plan disclose the qualified
beneficiary’s complete rights to
coverage.
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, individuals or
households, and not-for-profit
institutions.
Estimated Number of Respondents:
1,800,000.
The estimated time per respondent
varies from 30 seconds to 330 hours,
depending on individual circumstances,
with an estimated average of 14
minutes.
Estimated Total Annual Burden
Hours: 404,640.
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
E:\FR\FM\12MYN1.SGM
12MYN1
]]>Agencies
[Federal Register Volume 76, Number 92 (Thursday, May 12, 2011)]
[Notices]
[Pages 27749-27750]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-11590]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
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
[[Page 27750]]
Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). The IRS is soliciting comments concerning information
collection requirements related to Return Requirement for United States
Persons Acquiring or Disposing of an Interest in a Foreign Partnership,
or Whose Proportional Interest in a Foreign Partnership Changes.
DATES: Written comments should be received on or before July 11, 2011
to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal
Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this regulation should be directed to Joel Goldberger, (202)
927-9368, Internal Revenue Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224, or through the Internet at
Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Return Requirement for United States Persons Acquiring or
Disposing of an Interest in a Foreign Partnership, or Whose
Proportional Interest in a Foreign Partnership Changes.
OMB Number: 1545-1646.
Regulation Project Number: T.D. 8851.
Abstract: Section 6046A requires U.S. persons to provide certain
information with respect to the acquisition or disposition of a 10-
percent interest in, or a 10-percent change in ownership of, a foreign
partnership. This regulation provides reporting rules to identify U.S.
persons with significant interests in foreign partnerships to ensure
the correct reporting of items with respect to these interests.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations,
Individuals or households and not-for-profit institutions.
The burden is reflected in the burden of Form 8865.
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: May 5, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-11590 Filed 5-11-11; 8:45 am]
BILLING CODE 4830-01-P
