Submission for OMB Review; Comment Request, 18692-18693 [2016-07297]

Download as PDF 18692 Federal Register / Vol. 81, No. 62 / Thursday, March 31, 2016 / Notices Approved: March 2, 2016. Tuawana Pinkston, IRS Reports Clearance Officer. [FR Doc. 2016–07214 Filed 3–30–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Information Collection; Comment Request 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)). SUMMARY: Written comments should be received on or before May 31, 2016 to be assured of consideration. ADDRESSES: Direct all written comments to Tuawana Pinkston, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224. Please send separate comments for each specific information collection listed below. You must reference the information collection’s title, form number, reporting or record-keeping requirement number, and OMB number (if any) in your comment. FOR FURTHER INFORMATION CONTACT: To obtain additional information, or copies of the information collection and instructions, or copies of any comments received, contact LaNita Van Dyke at Internal Revenue Service, Room 6517, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet, at Lanita.VanDyke@irs.gov. SUPPLEMENTARY INFORMATION: The Department of the Treasury and the Internal Revenue Service, as part of their continuing effort to reduce paperwork and respondent burden, invite the general public and other Federal agencies to take this opportunity to comment on the proposed or continuing information collections listed below in this notice, as required by the Paperwork Reduction Act of 1995, (44 U.S.C. 3501 et seq.). Request for Comments: Comments submitted in response to this notice will be summarized and/or included in our mstockstill on DSK4VPTVN1PROD with NOTICES DATES: VerDate Sep<11>2014 19:09 Mar 30, 2016 Jkt 238001 request for Office of Management and Budget (OMB) approval of the relevant information collection. All comments will become a matter of public record. Please do not include any confidential or inappropriate material in your comments. We invite comments on: (a) Whether the collection of information is necessary for the proper performance of the agency’s functions, including whether the information has 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 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 the requested information. Information Collections Open for Comment Currently, the IRS is seeking comments concerning the following forms, and reporting and record-keeping requirements: Title: REG 143544–04—Regulations Enabling Elections for Certain Transactions under Section 336(e). OMB Number: 1545–2125. Abstract: This document contains final regulations that provide guidance under section 336(e) of the Internal Revenue Code (Code) which authorizes the issuance of regulations under which a corporation (seller) that owns stock in another corporation (target) meeting the requirements of section 1504(a)(2), and that sells, exchanges, or distributes all of such stock, may make an election to treat the sale, exchange, or distribution of target stock as a sale of all of target’s underlying assets. Section 336(e) was enacted as part of the legislation repealing the General Utilities rule and, like an election under section 338(h)(10), is meant to provide taxpayers relief from a potential multiple taxation at the corporate level of the same economic gain which can result when a transfer of appreciated corporate stock is taxed to a corporation without providing a corresponding stepup in the basis of the assets of the corporation. Current Actions: Final Regulations. Type of Review: Extension of a currently approved collection. Affected Public: Individuals and households, business or other for-profit institutions. Estimated Number of Respondents: 500. PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 Estimated Time per Respondent: 2 hours. Estimated Total Annual Burden Hours: 1,000 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 displays a valid OMB control number. Approved: March 15, 2016. Tuawana Pinkston, IRS Reports Clearance Officer. [FR Doc. 2016–07218 Filed 3–30–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request March 28, 2016. The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, Public Law 104–13, on or after the date of publication of this notice. DATES: Comments should be received on or before May 2, 2016 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimates, or any other aspect of the information collections, including suggestions for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@OMB.EOP.gov and (2) Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8117, Washington, DC 20220, or email at PRA@treasury.gov. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained by emailing PRA@treasury.gov, calling (202) 622–1295, or viewing the entire information collection request at www.reginfo.gov. Alcohol and Tobacco Tax and Trade Bureau (TTB) OMB Number: 1513–0002. Type of Review: Revision of a currently approved collection. Title: Personnel Questionnaire— Alcohol and Tobacco Products. Abstract: The information collected on TTB F 5000.9 enables TTB to determine whether or not an applicant E:\FR\FM\31MRN1.SGM 31MRN1 Federal Register / Vol. 81, No. 62 / Thursday, March 31, 2016 / Notices for a Federal alcohol or tobacco permit, notice, or registration, or certain other personnel, such as officers or directors, of the business applied for, meet the minimum qualifications for that permit, notice, or registration. TTB F 5000.9 is required in certain circumstances in which the information is deemed necessary, and includes such information as the individual’s residence, business background, financial sources for the business, and criminal record. Estimated Total Annual Burden Hours: 14,283. OMB Number: 1513–0009. Type of Review: Revision of a currently approved collection. Title: Application to Establish and Operate Wine Premises, and Wine Bond. Abstract: TTB F 5120.25, Application to Establish and Operate Wine Premises, is the form used to establish the qualifications of an applicant applying to establish and operate wine premises. The applicant certifies his/her intention to produce and/or store a specified amount of wine and take certain precautions to protect it from unauthorized use. TTB F 5120.36, Wine Bond, is the form used by the proprietor and a surety company as a contract to ensure the payment of the wine excise tax. Estimated Total Annual Burden Hours: 1,775. Brenda Simms, Treasury PRA Clearance Officer. [FR Doc. 2016–07297 Filed 3–30–16; 8:45 am] BILLING CODE 4810–31–P DEPARTMENT OF THE TREASURY Proposed Collection; Comment Request Federal Insurance Office, Treasury. ACTION: Notice and request for comments. AGENCY: The Department of the Treasury, as part of its continuing effort to reduce paperwork burdens, invites the general public and other Federal agencies to comment on a currently approved information collection that is due for extension approval by the Office of Management and Budget. The Federal Insurance Office, which assists the Secretary of the Treasury in the administration of the Terrorism Risk Insurance Program, is soliciting comments concerning the Record Keeping Requirements set forth in 31 CFR part 50.8. mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Sep<11>2014 19:09 Mar 30, 2016 Jkt 238001 Written comments must be received not later than May 31, 2016. ADDRESSES: Interested persons may submit comments electronically through the Federal eRulemaking Portal at https://www.regulations.gov, in accordance with the instructions on that site. In general, the Department will post all comments to www.regulations.gov without change, including any business or personal information provided such as names, addresses, email addresses, or telephone numbers. The Department will also make such comments available for public inspection and copying in the Treasury’s Library, 1500 Pennsylvania Avenue NW., Washington, DC 20220, on official business days between the hours of 10:00 a.m. and 5:00 p.m. Eastern Time. You can make an appointment to inspect comments by telephoning (202) 622–0990. All comments, including attachments and other supporting materials, are part of the public record and subject to public disclosure. You should submit only information that you wish to make available publicly. Electronic submissions are encouraged. Comments may also be mailed to the Department of the Treasury, Terrorism Risk Insurance Program, MT 1410, 1500 Pennsylvania Avenue NW., Washington, DC 20220. FOR FURTHER INFORMATION CONTACT: Richard Ifft, Senior Insurance Regulatory Policy Analyst, Federal Insurance Office, Room 1319, Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, at (202) 622–2922 (this is not a toll-free number) or Kevin Meehan, Policy Advisor, Federal Insurance Office, Room 1410, Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, at (202) 622–7009 (this is not a toll-free number). Persons who have difficulty hearing or speaking may access this number via TTY by calling the toll-free Federal Relay Service at (800) 877–8339. SUPPLEMENTARY INFORMATION: OMB Number: 1505–0190. Title: Terrorism Risk Insurance Program—Conflict of Interest Rebuttal Procedures of the Terrorism Risk Insurance Act. Abstract: The Terrorism Risk Insurance Act of 2002, as amended (TRIA),1 established the Terrorism Risk Insurance Program (TRIP),2 which the DATES: 1 15 U.S.C. 6701 note. Because the provisions of TRIA (as amended) appear in a note, instead of particular sections, of the United States Code, the provisions of TRIA are identified by the sections of the law. 2 See 31 CFR pt. 50. PO 00000 Frm 00130 Fmt 4703 Sfmt 4703 18693 Secretary of the Treasury administers, with the assistance of the Federal Insurance Office.3 Section 102 (2) of TRIA defines an ‘‘affiliate’’ with respect to an insurer as ‘‘* * * any entity that controls, is controlled by, or is under common control with the insurer’’. Section 102 (3) of the Act defines ‘‘control’’. Section 102(6) defines ‘‘insurer’’ to include ‘‘* * * any affiliate thereof’’. Taken together these definitions comprise one element in calculating costs and payments to the insurer under the Program. As such, there could be questions as to whether an affiliate relation exists between specific insurers, which will turn on whether one insurer controls, is controlled by, or is under common control with the other. The regulation, at 31 CFR 50.8 sets forth information which an insurer can provide to refute certain rebuttable presumptions of control described at 31 CFR 50.4(c). If not refuted, these rebuttable presumptions would lead to a determination that an affiliate relationship exists. This clearance action is for the data submission required to rebut a presumption of controlling influence specified in 31 CFR 50.8. Type of Review: Extension of a currently approved data collection. Affected Public: Business/Financial Institutions. Estimated Number of Respondents: 10. Estimated Average Time per Respondent: 4 hours. Estimated Total Annual Burden Hours: 400 hours. Request for Comments: 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. 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 collections; (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 3 31 U.S.C. 313(c)(1)(D). E:\FR\FM\31MRN1.SGM 31MRN1

Agencies

[Federal Register Volume 81, Number 62 (Thursday, March 31, 2016)]
[Notices]
[Pages 18692-18693]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07297]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

March 28, 2016.
    The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before May 2, 2016 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimates, or any other 
aspect of the information collections, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at OIRA_Submission@OMB.EOP.gov and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8117, Washington, 
DC 20220, or email at PRA@treasury.gov.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing PRA@treasury.gov, calling (202) 622-1295, or 
viewing the entire information collection request at www.reginfo.gov.

Alcohol and Tobacco Tax and Trade Bureau (TTB)

    OMB Number: 1513-0002.
    Type of Review: Revision of a currently approved collection.
    Title: Personnel Questionnaire--Alcohol and Tobacco Products.
    Abstract: The information collected on TTB F 5000.9 enables TTB to 
determine whether or not an applicant

[[Page 18693]]

for a Federal alcohol or tobacco permit, notice, or registration, or 
certain other personnel, such as officers or directors, of the business 
applied for, meet the minimum qualifications for that permit, notice, 
or registration. TTB F 5000.9 is required in certain circumstances in 
which the information is deemed necessary, and includes such 
information as the individual's residence, business background, 
financial sources for the business, and criminal record.
    Estimated Total Annual Burden Hours: 14,283.

    OMB Number: 1513-0009.
    Type of Review: Revision of a currently approved collection.
    Title: Application to Establish and Operate Wine Premises, and Wine 
Bond.
    Abstract: TTB F 5120.25, Application to Establish and Operate Wine 
Premises, is the form used to establish the qualifications of an 
applicant applying to establish and operate wine premises. The 
applicant certifies his/her intention to produce and/or store a 
specified amount of wine and take certain precautions to protect it 
from unauthorized use. TTB F 5120.36, Wine Bond, is the form used by 
the proprietor and a surety company as a contract to ensure the payment 
of the wine excise tax.
    Estimated Total Annual Burden Hours: 1,775.

Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-07297 Filed 3-30-16; 8:45 am]
 BILLING CODE 4810-31-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.