Proposed Collection; Comment Request for Regulation Project, 44972 [2014-18196]
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44972
Federal Register / Vol. 79, No. 148 / Friday, August 1, 2014 / Notices
Approved: July 29, 2014.
Stacey Becker,
Director, Tax Forms and Publications
Division.
[FR Doc. 2014–18199 Filed 7–31–14; 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, qualified severance of a trust
for generation-skipping transfer (GST)
tax purposes.
DATES: Written comments should be
received on or before September 30,
2014 to be assured of consideration.
ADDRESSES: Direct all written comments
to, R. Joseph Durbala, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulation should be
directed to Kerry Dennis, at Internal
Revenue Service, Room 6219, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Qualified Severance of a Trust
for Generation-Skipping Transfer (GST)
Tax Purposes
OMB Number: 1545–1902.
Regulation Project Number: T.D.9348.
Abstract: This information is required
by the IRS for qualified severances. It
will be used to identify the trusts being
severed and the new trusts created upon
severance.
Current Actions: There is no change to
the existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
25,000.
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SUMMARY:
VerDate Mar<15>2010
22:09 Jul 31, 2014
Jkt 232001
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 12,500.
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: July 25, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014–18196 Filed 7–31–14; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8718
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
SUMMARY:
PO 00000
Frm 00235
Fmt 4703
Sfmt 4703
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
8718, User Fee for Exempt Organization
Determination Letter Request.
DATES: Written comments should be
received on or before September 30,
2014 to be assured of consideration.
ADDRESSES: Direct all written comments
to R. Joseph Durbala, 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 Kerry Dennis, at
Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet at Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: User Fee for Exempt
Organization Determination Letter
Request.
OMB Number: 1545–1798.
Form Number: Form 8718.
Abstract: The Omnibus Reconciliation
Act of 1990 requires payment of a ‘‘user
fee’’ with each application for an
exempt organization determination
letter. Because of this requirement, the
Form 8718 was created to provide filers
the means to enclose their payment and
indicate what type of request they were
making.
Current Actions: The Department has
updated the burden associated with the
ICR to reflect its most recent data on
Form 8718 filings. We updated our
estimated number of respondents to
14,376 which will decrease our
estimated total annual burden hours by
15,948 hours (16,667 hours to 719
hours). The estimate is based on
updated filing projections and previous
year filings. There are no additional
program changes that will affect the
burden estimates
Type of Review: Revision of a
currently approved collection.
Affected Public: Businesses and other
for-profit organizations, and not-forprofit institutions.
Estimated Number of Respondents:
14,376.
Estimated Time per Respondent: 5
minutes.
Estimated Total Annual Burden
Hours: 719 hours.
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
E:\FR\FM\01AUN1.SGM
01AUN1
Agencies
[Federal Register Volume 79, Number 148 (Friday, August 1, 2014)]
[Notices]
[Page 44972]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-18196]
-----------------------------------------------------------------------
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 an
existing, qualified severance of a trust for generation-skipping
transfer (GST) tax purposes.
DATES: Written comments should be received on or before September 30,
2014 to be assured of consideration.
ADDRESSES: Direct all written comments to, R. Joseph Durbala, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation should be directed to Kerry Dennis, at
Internal Revenue Service, Room 6219, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the Internet at Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Qualified Severance of a Trust for Generation-Skipping
Transfer (GST) Tax Purposes
OMB Number: 1545-1902.
Regulation Project Number: T.D.9348.
Abstract: This information is required by the IRS for qualified
severances. It will be used to identify the trusts being severed and
the new trusts created upon severance.
Current Actions: There is no change to the existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 25,000.
Estimated Time per Respondent: 30 minutes.
Estimated Total Annual Burden Hours: 12,500.
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: July 25, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014-18196 Filed 7-31-14; 8:45 am]
BILLING CODE 4830-01-P