Proposed Collection; Comment Request for Regulation Project, 50737 [2014-20163]

Download as PDF Federal Register / Vol. 79, No. 164 / Monday, August 25, 2014 / Notices 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 Manufacturers Excise Taxes on Sporting Goods and Firearms and Other Administrative Provisions of Special Application To Manufacturers and Retailers Excise Taxes. DATES: Written comments should be received on or before October 24, 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, LaNita Van Dyke, Internal Revenue Service, Room 6517, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at LaNita.VanDyke@irs.gov. SUPPLEMENTARY INFORMATION: Title: Manufacturers Excise Taxes on Sporting Goods and Firearms and Other Administrative Provisions of Special Application To Manufacturers and Retailers Excise Taxes. OMB Number: 1545–0723. Regulation Project Number: T.D. 8043. Abstract: Chapters 31 and 32 of the Internal Revenue Code impose excise taxes on the sale or use of certain articles. Code section 6416 allows a credit or refund of the tax to manufacturers in certain cases. Code sections 6420, 6421, and 6427 allow credits or refunds of the tax to certain users of the articles. This regulation contains reporting and recordkeeping requirements that enable the IRS and taxpayers to verify that the proper amount of tax is reported or excluded. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. emcdonald on DSK67QTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 17:31 Aug 22, 2014 Jkt 232001 Affected Public: Individuals, business or other for-profit organizations, not-forprofit institutions, farms, and state, local, or tribal governments. Estimated Number of Respondents: 1,500,000. Estimated Time per Respondent: 19 minutes. Estimated Total Annual Burden Hours: 475,000. 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 performance of the functions of the agency, including whether the information shall have practical utility; (b) 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: August 14, 2014. R. Joseph Durbala, IRS Reports Clearance Officer. [FR Doc. 2014–20163 Filed 8–22–14; 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: PO 00000 Frm 00124 Fmt 4703 Sfmt 4703 50737 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)). The IRS is soliciting comments concerning collection requirements related to disclosure of relative values of optional forms of benefit. SUMMARY: Written comments should be received on or before October 24, 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 regulations should be directed to LaNita Van Dyke at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at Lanita.VanDyke@irs.gov. SUPPLEMENTARY INFORMATION: Title: Disclosure of Relative Values of Optional Forms of Benefit. OMB Number: 1545–0928. Regulation Project Number: T.D. 9099. Abstract: This document contains final regulations that consolidate the content requirements applicable to explanations of qualified joint and survivor annuities and qualified preretirement survivor annuities payable under certain retirement plans, and specify requirements for disclosing the relative value of optional forms of benefit that are payable from certain retirement plans in lieu of a qualified joint and survivor annuity. These regulations affect plan sponsors and administrators, and participants in and beneficiaries of, certain retirement plans. Current Actions: There are no changes to this existing regulation. Type of Review: Extension of currently approved collection. Affected Public: Business or other forprofit. Estimated Number of Responses: 3,000,000. Estimated Total Annual Reporting Burden: 385,000. 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 DATES: E:\FR\FM\25AUN1.SGM 25AUN1

Agencies

[Federal Register Volume 79, Number 164 (Monday, August 25, 2014)]
[Notices]
[Page 50737]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-20163]



[[Page 50737]]

=======================================================================
-----------------------------------------------------------------------

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 
Manufacturers Excise Taxes on Sporting Goods and Firearms and Other 
Administrative Provisions of Special Application To Manufacturers and 
Retailers Excise Taxes.

DATES: Written comments should be received on or before October 24, 
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, LaNita Van Dyke, 
Internal Revenue Service, Room 6517, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the internet at 
LaNita.VanDyke@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Manufacturers Excise Taxes on Sporting Goods and Firearms 
and Other Administrative Provisions of Special Application To 
Manufacturers and Retailers Excise Taxes.
    OMB Number: 1545-0723.
    Regulation Project Number: T.D. 8043.
    Abstract: Chapters 31 and 32 of the Internal Revenue Code impose 
excise taxes on the sale or use of certain articles. Code section 6416 
allows a credit or refund of the tax to manufacturers in certain cases. 
Code sections 6420, 6421, and 6427 allow credits or refunds of the tax 
to certain users of the articles. This regulation contains reporting 
and recordkeeping requirements that enable the IRS and taxpayers to 
verify that the proper amount of tax is reported or excluded.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals, business or other for-profit 
organizations, not-for-profit institutions, farms, and state, local, or 
tribal governments.
    Estimated Number of Respondents: 1,500,000.
    Estimated Time per Respondent: 19 minutes.
    Estimated Total Annual Burden Hours: 475,000.
    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 
performance of the functions of the agency, including whether the 
information shall have practical utility; (b) 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: August 14, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014-20163 Filed 8-22-14; 8:45 am]
BILLING CODE 4830-01-P