Proposed Collection; Comment Request for Forms 8288 and 8288-A, 64188 [2012-25616]
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64188
Federal Register / Vol. 77, No. 202 / Thursday, October 18, 2012 / Notices
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: September 27, 2012.
Yvette Lawrence,
IRS Reports Clearance Office.
SUPPLEMENTARY INFORMATION:
[FR Doc. 2012–25614 Filed 10–17–12; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 8288 and 8288–A
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
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
18:15 Oct 17, 2012
Jkt 229001
soliciting comments concerning Form
8288, U.S. Withholding Tax Return for
Dispositions by Foreign Persons of U.S.
Real Property Interests, and Form 8288–
A, Statement of Withholding on
Dispositions by Foreign Persons of U.S.
Real Property Interests.
DATES: Written comments should be
received on or before December 17, 2012
to be assured of consideration.
ADDRESSES: Direct all written comments
to Yvette 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 form and instructions
should be directed to Allan Hopkins, at
(202) 622–6665, or at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the Internet, at
Allan.M.Hopkins@irs.gov.
Title: U.S. Withholding Tax Return for
Dispositions by Foreign Persons of U.S.
Real Property Interests (Form 8288) and
Statement of Withholding on
Dispositions by Foreign Persons of U.S.
Real Property Interests (Form 8288–A).
OMB Number: 1545–0902.
Form Number: 8288 and 8288–A.
Abstract: Internal Revenue Code
section 1445 requires transferees to
withhold tax on the amount realized
from sales or other dispositions by
foreign persons of U.S. real property
interests. Form 8288 is used to report
and transmit the amount withheld to the
IRS. Form 8288–A is used by the IRS to
validate the withholding, and a copy is
returned to the transferor for his or her
use in filing a tax return.
Current Actions: There are no changes
being made to these forms at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals or
households.
PO 00000
Frm 00094
Fmt 4703
Sfmt 9990
Estimated Number of Respondents:
27,500.
Estimated Time per Respondent: 8 hr.,
52 min.
Estimated Total Annual Burden
Hours: 243,675.
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: September 27, 2012.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012–25616 Filed 10–17–12; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\18OCN1.SGM
18OCN1
]]>Agencies
[Federal Register Volume 77, Number 202 (Thursday, October 18, 2012)]
[Notices]
[Page 64188]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-25616]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Forms 8288 and 8288-A
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
Form 8288, U.S. Withholding Tax Return for Dispositions by Foreign
Persons of U.S. Real Property Interests, and Form 8288-A, Statement of
Withholding on Dispositions by Foreign Persons of U.S. Real Property
Interests.
DATES: Written comments should be received on or before December 17,
2012 to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette 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 form and instructions should be directed to Allan
Hopkins, at (202) 622-6665, or 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: U.S. Withholding Tax Return for Dispositions by Foreign
Persons of U.S. Real Property Interests (Form 8288) and Statement of
Withholding on Dispositions by Foreign Persons of U.S. Real Property
Interests (Form 8288-A).
OMB Number: 1545-0902.
Form Number: 8288 and 8288-A.
Abstract: Internal Revenue Code section 1445 requires transferees
to withhold tax on the amount realized from sales or other dispositions
by foreign persons of U.S. real property interests. Form 8288 is used
to report and transmit the amount withheld to the IRS. Form 8288-A is
used by the IRS to validate the withholding, and a copy is returned to
the transferor for his or her use in filing a tax return.
Current Actions: There are no changes being made to these forms at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations and
individuals or households.
Estimated Number of Respondents: 27,500.
Estimated Time per Respondent: 8 hr., 52 min.
Estimated Total Annual Burden Hours: 243,675.
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: September 27, 2012.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012-25616 Filed 10-17-12; 8:45 am]
BILLING CODE 4830-01-P
