Proposed Collection; Comment Request for Regulation Project, 72487 [2015-29562]

Agencies

• Internal Revenue Service
• DEPARTMENT OF THE TREASURY

[Federal Register Volume 80, Number 223 (Thursday, November 19, 2015)]
[Notices]
[Page 72487]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29562]


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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.

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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 
floor stocks credits or refunds and consumer credits or refunds with 
respect to certain tax-repealed articles; excise tax on heavy trucks, 
and excise tax on heavy trucks, truck trailers, semitrailers, and 
tractors; reporting and recordkeeping requirements.

DATES: Written comments should be received on or before January 19, 
2016 to be assured of consideration.

ADDRESSES: Direct all written comments to Michael Joplin, 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 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the Internet, at Kerry.Dennis@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Floor Stocks Credits or Refunds and Consumer Credits or 
Refunds With Respect to Certain Tax-Repealed Articles; Excise Tax on 
Heavy Trucks, and Excise Tax on Heavy Trucks, Truck Trailers, 
Semitrailers, and Tractors; Reporting and Recordkeeping Requirements.
    OMB Number: 1545-0745.
    Regulation Project Number: TD 7882 and TD 8050.
    Abstract: TD 7882, Floor Stocks Credits or Refunds and Consumer 
Credits or Refunds With Respect to Certain Tax-Repealed Articles; 
Excise Tax on Heavy Trucks, requires sellers of trucks, trailers and 
semitrailers, and tractors to maintain records of the gross vehicle 
weights of articles sold to verify taxability. TD 8050, Excise Tax on 
Heavy Trucks, Truck Trailers, Semitrailers, and Tractors; Reporting and 
Recordkeeping Requirements, requires that if the sale is to be treated 
as exempt, the seller and the purchaser must be registered and the 
purchaser must give the seller a resale certificate.
    Current Actions: There are no changes being made to the regulations 
at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
individuals.
    Estimated Number of Respondents: 4,100.
    Estimated Time per Respondent: 1 hour, 4 minutes.
    Estimated Total Annual Burden Hours: 4,140.
    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 10, 2015.
Michael Joplin,
IRS Reports Clearance Officer.
[FR Doc. 2015-29562 Filed 11-18-15; 8:45 am]
BILLING CODE 4830-01-P