Proposed Collection; Comment Request for Regulation Project, 50739 [2014-20173]
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Federal Register / Vol. 79, No. 164 / Monday, August 25, 2014 / Notices
emcdonald on DSK67QTVN1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Guidance Regarding Qualified
Intellectual Property Contributions.
OMB Number: 1545–1937.
Notice Number: Notice 2005–41.
Abstract: Notice 2005–41 explains
new rules governing charitable
contributions of intellectual property
made after June 3, 2004. The notice
explains the method by which a donor
of qualified intellectual property may
notify the donee that the donor intends
to treat the contribution as a qualified
donation under section 170(m). Donors
of qualified intellectual property will
use the required notification as evidence
that they have satisfied the section
170(m) notification requirement.
Current Actions: There are no changes
being made to the notice at this time.
Type of Review: Extension of
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
30.
Estimated Average Time per
Respondent: 1 hour.
Estimated Total Annual Burden
Hours: 30.
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.
VerDate Mar<15>2010
17:31 Aug 22, 2014
Jkt 232001
Approved: August 14, 2014.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. 2014–20170 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:
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
Revision of Income Tax Regulations
under Sections 897, 1445, and 6109 to
require use of Taxpayer Identifying
Numbers on Submission under the
Section 897 and 1445 regulations.
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 regulations should be
directed to Sara Covington at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Revision of Income Tax
Regulations under Section 897, 1445,
and 6109 to require use of Taxpayer
Identifying Numbers on Submission
under the Section 897 and 1445
regulations.
OMB Number: 1545–1797.
Regulation Project Number: REG–
106876–00 (TD 9082).
Abstract: The collection of
information relates to applications for
withholding certificates under Treas.
Reg–1.1445–3 to be filed with the IRS
with respect to (1) dispositions of U.S.
real property interests that have been
used by foreign persons as a principle
residence within the prior 5 years and
SUMMARY:
PO 00000
Frm 00126
Fmt 4703
Sfmt 9990
50739
excluded from gross income under
section 121 and (2) dispositions of U.S.
real property interests by foreign
persons in deferred like kind exchanges
that qualify for nonrecognition under
section 1031.
Current Actions: There are no changes
to this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households and Business or other forprofit.
Estimated Number of Respondents:
150.
Estimated Total Annual Reporting
Burden: 600.
Estimated Average Annual Burden
per Respondent: 4.
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: August 18, 2014.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2014–20173 Filed 8–22–14; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\25AUN1.SGM
25AUN1
]]>Agencies
[Federal Register Volume 79, Number 164 (Monday, August 25, 2014)]
[Notices]
[Page 50739]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-20173]
-----------------------------------------------------------------------
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
Revision of Income Tax Regulations under Sections 897, 1445, and 6109
to require use of Taxpayer Identifying Numbers on Submission under the
Section 897 and 1445 regulations.
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 regulations should be directed to Sara Covington at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the Internet at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Revision of Income Tax Regulations under Section 897, 1445,
and 6109 to require use of Taxpayer Identifying Numbers on Submission
under the Section 897 and 1445 regulations.
OMB Number: 1545-1797.
Regulation Project Number: REG-106876-00 (TD 9082).
Abstract: The collection of information relates to applications for
withholding certificates under Treas. Reg-1.1445-3 to be filed with the
IRS with respect to (1) dispositions of U.S. real property interests
that have been used by foreign persons as a principle residence within
the prior 5 years and excluded from gross income under section 121 and
(2) dispositions of U.S. real property interests by foreign persons in
deferred like kind exchanges that qualify for nonrecognition under
section 1031.
Current Actions: There are no changes to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals or households and Business or other
for-profit.
Estimated Number of Respondents: 150.
Estimated Total Annual Reporting Burden: 600.
Estimated Average Annual Burden per Respondent: 4.
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: August 18, 2014.
R. Joseph Durbala,
IRS Supervisory Tax Analyst.
[FR Doc. 2014-20173 Filed 8-22-14; 8:45 am]
BILLING CODE 4830-01-P
