Proposed Collection; Comment Request for Form W-12, 76892 [2013-30122]
Download as PDF
<![CDATA[
76892
Federal Register / Vol. 78, No. 244 / Thursday, December 19, 2013 / Notices
the FRA.6 In general, section 23B requires
affiliate transactions to be made on terms and
under circumstances that are substantially
the same, or at least as favorable to the IDI,
as comparable transactions involving
nonaffiliated companies or, in the absence of
comparable transactions, on terms and
circumstances that would in good faith be
offered to non-affiliated companies.7 Tax
allocation agreements should require the
holding company to forward promptly any
payment due the IDI under the tax allocation
agreement and specify the timing of such
payment. Agreements that allow a holding
company to hold and not promptly transmit
tax refunds received from the taxing
authority and owed to an IDI are inconsistent
with the requirements of section 23B and
subject to supervisory action. However, an
Agency’s determination of whether such
provision, or the tax allocation agreement in
total, is consistent with section 23B will be
based on the facts and circumstances of the
particular tax allocation agreement and any
associated refund.
Dated: December 9, 2013.
Thomas J. Curry,
Comptroller of the Currency.
By order of the Board of Governors of the
Federal Reserve System.
December 12, 2013.
Robert deV. Frierson,
Secretary of the Board.
By order of the Board of Directors.
Federal Deposit Insurance Corporation.
Dated at Washington, DC this 30th day of
October, 2013.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2013–30130 Filed 12–18–13; 8:45 am]
BILLING CODE 4810–33–P;6210–01–P;6714–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form W–12
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
emcdonald on DSK67QTVN1PROD with NOTICES
SUMMARY:
6 Section 23A requires, among other things, that
loans and extensions of credit from a bank to its
affiliates be properly collateralized. 12 U.S.C.
371c(c).
7 12 U.S.C. 371c–1(a). Transactions subject to
section 23B include the payment of money by a
bank to an affiliate under contract, lease, or
otherwise and transactions in which the affiliate
acts as agent of the bank. Id. at § 371c–1(a)(2) &
(a)(4).
VerDate Mar<15>2010
16:41 Dec 18, 2013
Jkt 232001
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
W–12 IRS Paid Preparer Tax
Identification Number (PTIN).
DATES: Written comments should be
received on or before February 18, 2014
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 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: IRS Paid Preparer Tax
Identification Number (PTIN).
OMB Number: 1545–2190.
Form Number: Form W–12.
Abstract: Paid tax return preparers are
required to get a preparer tax
identification number (PTIN), and to
pay the fee required with the
application. A third party administers
the PTIN application process. Most
applications are filled out on-line. Form
W–12 is used to collect the information
required by the regulations, and to
collect the information the third party
needs to administer the PTIN
application process. Current Actions:
There is no change in the paperwork
burden previously approved by OMB.
This form is being submitted for
renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations.
Estimated Number of Respondents:
1,200,000.
Estimated Total Annual Burden
Hours: 1,464,000.
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
PO 00000
Frm 00083
Fmt 4703
Sfmt 4703
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: November 22, 2013.
Yvette Lawrence,
OMB Reports Clearance Officer.
[FR Doc. 2013–30122 Filed 12–18–13; 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 an
existing Final Regulation, TD 9467,
Measurement of Assets and Liabilities
for Pension Funding Purposes.
DATES: Written comments should be
received on or before February 18, 2014
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 at Internal
SUMMARY:
E:\FR\FM\19DEN1.SGM
19DEN1
]]>Agencies
[Federal Register Volume 78, Number 244 (Thursday, December 19, 2013)]
[Notices]
[Page 76892]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-30122]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form W-12
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 W-12 IRS Paid Preparer Tax Identification Number (PTIN).
DATES: Written comments should be received on or before February 18,
2014 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 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: IRS Paid Preparer Tax Identification Number (PTIN).
OMB Number: 1545-2190.
Form Number: Form W-12.
Abstract: Paid tax return preparers are required to get a preparer
tax identification number (PTIN), and to pay the fee required with the
application. A third party administers the PTIN application process.
Most applications are filled out on-line. Form W-12 is used to collect
the information required by the regulations, and to collect the
information the third party needs to administer the PTIN application
process. Current Actions: There is no change in the paperwork burden
previously approved by OMB. This form is being submitted for renewal
purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Respondents: 1,200,000.
Estimated Total Annual Burden Hours: 1,464,000.
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 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: November 22, 2013.
Yvette Lawrence,
OMB Reports Clearance Officer.
[FR Doc. 2013-30122 Filed 12-18-13; 8:45 am]
BILLING CODE 4830-01-P
