Proposed Collection; Comment Request for Regulation Project, 57220-57221 [2013-22533]

Download as PDF 57220 Federal Register / Vol. 78, No. 180 / Tuesday, September 17, 2013 / Notices 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 Katherine Dean, at Katherine.b.dean@irs.gov. SUPPLEMENTARY INFORMATION: Title: Certain Gambling Winnings. OMB Number: 1545–0238. Form Number: Form W–2G. Abstract: Internal Revenue Code sections 6041, 3402(q), and 3406 require payers of certain gambling winnings to withhold tax and to report the winnings to the IRS. IRS uses the information to verify compliance with the reporting rules and to verify that the winnings are properly reported on the recipient’s tax return. Current Actions: Four boxes were added (State Winnings, Local Winnings, Local Income Tax withheld, Name of Locality) at the request of TIGERS (Tax Information Group for E-Commerce Requirements Standardization) and the e-Channel Support e-Initiatives Group. The new boxes are added for the use of state and local authorities, and to make compliance with state/local tax requirements easier for the taxpayer. This change represents the clearest way to request the information, and is generally uniform with the layout of similar forms. The addition of these elements resulted in an increase of Type of Review: Revision of a currently approved collection. Affected Public: Businesses or other for-profit organizations, state or local governments, and non-profit institutions. Estimated Number of Responses: 4,104,771. Estimated Time Per Response: 24 min. Estimated Total Annual Burden Hours: 1,682,957. 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 tkelley on DSK3SPTVN1PROD with NOTICES ADDRESSES: VerDate Mar<15>2010 17:05 Sep 16, 2013 Jkt 229001 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 4, 2013. Yvette Lawrence, OMB Reports Clearance Officer. [FR Doc. 2013–22531 Filed 9–16–13; 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 treatment of shareholders of certain passive foreign investment companies. DATES: Written comments should be received on or before November 18, 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 copies of the regulations should be directed to Katherine Dean at Internal Revenue Service, room 6242, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at Katherine.b.dean@irs.gov. SUMMARY: PO 00000 Frm 00094 Fmt 4703 Sfmt 4703 SUPPLEMENTARY INFORMATION: Title: Treatment of Shareholders of Certain Passive Foreign Investment Companies. OMB Number: 1545–1304. Regulation Project Number: INTL– 941–86; INTL–656–87; and INTL–704– 87. Abstract: This regulation concerns the taxation of shareholders of certain passive foreign investment companies (PFICs) upon payment of distributions by such companies or upon disposition of the stock of such companies. The reporting requirements affect U.S. persons that are direct and indirect shareholders of PFICs. The information is required by the IRS to identify PFICs and their shareholders, administer shareholder elections, verify amounts reported, and track transfers of stock of certain PFICs. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Individuals and business or other for-profit organizations. Estimated Number of Respondents: 2,500. Estimated Time per Respondent: 1 hour. Estimated Total Annual Burden Hours: 2,500. 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 E:\FR\FM\17SEN1.SGM 17SEN1 Federal Register / Vol. 78, No. 180 / Tuesday, September 17, 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: August 12, 2013. Yvette Lawrence, OMB Reports Clearance Officer. [FR Doc. 2013–22533 Filed 9–16–13; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY United States Mint Citizens Coinage Advisory Committee Meeting Notification of Citizens Coinage Advisory Committee September 18, 2013, public meeting. ACTION: Pursuant to United States Code, Title 31, section 5135(b)(8)(C), the United States Mint announces the Citizens Coinage Advisory Committee (CCAC) public meeting scheduled for September 18, 2013. tkelley on DSK3SPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 17:05 Sep 16, 2013 Jkt 229001 Date: September 18, 2013. Time: 2:00 p.m. to 4:00 p.m. Location: This meeting will occur via teleconference. Interested members of the public may attend the meeting at the United States Mint; 801 9th Street NW.; Washington, DC; Conference Room A. Subject: Review and consideration of themes for the reverse of the 2015 and 2016 Native American $1 Coin, and review and discussion of themes for the Congressional Gold Medal to the First Special Service Force, collectively, in recognition of their dedicated service during World War II. Interested persons should call the CCAC HOTLINE at (202) 354–7502 for the latest update on meeting time and room location. In accordance with 31 U.S.C. 5135, the CCAC: D Advises the Secretary of the Treasury on any theme or design proposals relating to circulating coinage, bullion coinage, Congressional Gold Medals, and national and other medals. D Advises the Secretary of the Treasury with regard to the events, persons, or places to be commemorated PO 00000 Frm 00095 Fmt 4703 Sfmt 9990 57221 by the issuance of commemorative coins in each of the five calendar years succeeding the year in which a commemorative coin designation is made. D Makes recommendations with respect to the mintage level for any commemorative coin recommended. FOR FURTHER INFORMATION CONTACT: William Norton, United States Mint Liaison to the CCAC; 801 9th Street NW.; Washington, DC 20220; or call 202–354–7200. Any member of the public interested in submitting matters for the CCAC’s consideration is invited to submit them by fax to the following number: 202– 756–6525. Authority: 31 U.S.C. 5135(b)(8)(C). Dated: September 9, 2013. Richard A. Peterson, Deputy Director, United States Mint. [FR Doc. 2013–22527 Filed 9–16–13; 8:45 am] BILLING CODE P E:\FR\FM\17SEN1.SGM 17SEN1

Agencies

[Federal Register Volume 78, Number 180 (Tuesday, September 17, 2013)]
[Notices]
[Pages 57220-57221]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-22533]


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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 
treatment of shareholders of certain passive foreign investment 
companies.

DATES: Written comments should be received on or before November 18, 
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 copies of the regulations 
should be directed to Katherine Dean 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: Treatment of Shareholders of Certain Passive Foreign 
Investment Companies.
    OMB Number: 1545-1304.
    Regulation Project Number: INTL-941-86; INTL-656-87; and INTL-704-
87.
    Abstract: This regulation concerns the taxation of shareholders of 
certain passive foreign investment companies (PFICs) upon payment of 
distributions by such companies or upon disposition of the stock of 
such companies. The reporting requirements affect U.S. persons that are 
direct and indirect shareholders of PFICs. The information is required 
by the IRS to identify PFICs and their shareholders, administer 
shareholder elections, verify amounts reported, and track transfers of 
stock of certain PFICs.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and business or other for-profit 
organizations.
    Estimated Number of Respondents: 2,500.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 2,500.
    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

[[Page 57221]]

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: August 12, 2013.
Yvette Lawrence,
OMB Reports Clearance Officer.
[FR Doc. 2013-22533 Filed 9-16-13; 8:45 am]
BILLING CODE 4830-01-P
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