Proposed Collection; Comment Request for Regulation Project, 10002-10003 [2013-03087]
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tkelley on DSK3SPTVN1PROD with NOTICES
10002
Federal Register / Vol. 78, No. 29 / Tuesday, February 12, 2013 / Notices
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
deductions for transfers of property.
DATES: Written comments should be
received on or before April 15, 2013 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 regulations should be
directed to Katherine Dean a at Internal
Revenue Service, room 6242, 1111
Constitution Avenue NW., Washington,
DC 20224, or at (202) 622–3186, or
through the Internet at
katherine.b.dean@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Deductions for Transfers of
Property.
OMB Number: 1545–1448. Regulation
Project Number: EE–81–88.
Abstract: Abstract Section 1.83–6(a) of
the regulation provides that when
property is transferred in connection
with the performance of services, the
recipient of service may claim a
deduction for the amount included as
compensation in the gross income of the
service provider. The service provider
will be deemed to have included an
amount in gross income if the service
recipient provides a timely Form W–2
or 1099, as appropriate.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations, not-for-profit institutions,
and farms.
The estimated annual burden of
reporting will be reflected in the
reporting requirements for Forms W–2
and 1099–MISC.
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
16:40 Feb 11, 2013
Jkt 229001
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: January 29, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013–03090 Filed 2–11–13; 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)). Currently, the IRS is
soliciting comments concerning debt
instruments with original issue
discount; contingent payments; antiabuse rule.
DATES: Written comments should be
received on or before April 15, 2013 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Garrick R. Shear, Internal Revenue
Service, room 5244, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulation should be
SUMMARY:
PO 00000
Frm 00120
Fmt 4703
Sfmt 4703
directed to Yvette Lawrence, Internal
Revenue Service, room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Debt Instruments With Original
Issue Discount; Contingent Payments;
Anti-Abuse Rule.
OMB Number: 1545–1450.
Regulation Project Number: FI–59–91.
Abstract: This regulation relates to the
tax treatment of debt instruments that
provide for one or more contingent
payments. The regulation also treats a
debt instrument and a related hedge as
an integrated transaction. The regulation
provides general rules, definitions, and
reporting and recordkeeping
requirements for contingent payment
debt instruments and for integrated debt
instruments.
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, and
state, local, or tribal governments.
Estimated Number of Respondents:
180,000.
Estimated Time Per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 89,000.
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
E:\FR\FM\12FEN1.SGM
12FEN1
Federal Register / Vol. 78, No. 29 / Tuesday, February 12, 2013 / Notices
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: January 29, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013–03087 Filed 2–11–13; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 2009–XX (NOT–
151370–08)
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
soliciting comments concerning Notice
2009–XX, Credit for Carbon Dioxide
Sequestration under Section 45Q.
DATES: Written comments should be
received on or before April 15, 2013 to
be assured of consideration.
tkelley on DSK3SPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
16:40 Feb 11, 2013
Jkt 229001
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 notice should be directed to
Katherine Dean, at (202) 622–3186, or at
Internal Revenue Service, room 6242,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet, at Katherine.b.dean@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Credit for Carbon Dioxide
Sequestration under Section 45Q
OMB Number: 1545–2153.
Notice Number: Notice 2009–XX
(NOT–151370–08).
Abstract: The proposed notice sets
forth interim guidance, pending the
issuance of regulations, relating to the
credit for carbon dioxide sequestration
(CO2 sequestration credit) under § 45Q
of the Internal Revenue Code.
Current Actions: This is a new
collection. There are no changes being
made to the notice at this time.
Type of Review: Approval of a new
collection.
Affected Public: Business and forprofit.
Estimated Number of Respondents:
30.
Estimated Average Time Per
Respondent: 6 hrs.
Estimated Total Annual Burden
Hours: 180 hrs.
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
ADDRESSES:
PO 00000
Frm 00121
Fmt 4703
Sfmt 9990
10003
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: January 29, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013–03085 Filed 2–11–13; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\12FEN1.SGM
12FEN1
]]>Agencies
[Federal Register Volume 78, Number 29 (Tuesday, February 12, 2013)]
[Notices]
[Pages 10002-10003]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-03087]
-----------------------------------------------------------------------
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 Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
debt instruments with original issue discount; contingent payments;
anti-abuse rule.
DATES: Written comments should be received on or before April 15, 2013
to be assured of consideration.
ADDRESSES: Direct all written comments to Garrick R. Shear, Internal
Revenue Service, room 5244, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation should be directed to Yvette Lawrence,
Internal Revenue Service, room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224.
SUPPLEMENTARY INFORMATION:
Title: Debt Instruments With Original Issue Discount; Contingent
Payments; Anti-Abuse Rule.
OMB Number: 1545-1450.
Regulation Project Number: FI-59-91.
Abstract: This regulation relates to the tax treatment of debt
instruments that provide for one or more contingent payments. The
regulation also treats a debt instrument and a related hedge as an
integrated transaction. The regulation provides general rules,
definitions, and reporting and recordkeeping requirements for
contingent payment debt instruments and for integrated debt
instruments.
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, and state, local, or tribal governments.
Estimated Number of Respondents: 180,000.
Estimated Time Per Respondent: 30 minutes.
Estimated Total Annual Burden Hours: 89,000.
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
[[Page 10003]]
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: January 29, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013-03087 Filed 2-11-13; 8:45 am]
BILLING CODE 4830-01-P
