Proposed Collection; Comment Request for Regulation Project, 19715-19716 [2016-07755]
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Federal Register / Vol. 81, No. 65 / Tuesday, April 5, 2016 / Notices
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 Form
706–GS(T), Generation-Skipping
Transfer Tax Return For Terminations.
DATES: Written comments should be
received on or before June 6, 2016 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Tuawana Pinkston, 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 Martha R. Brinson,
Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet at Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Generation-Skipping Transfer
Tax Return For Terminations.
OMB Number: 1545–1145.
Form Number: 706–GS(T).
Abstract: Form 706–GS(T) is used by
trustees to compute and report the tax
due on generation-skipping transfers
that result from the termination of
interests in a trust. The IRS uses the
information to verify that the tax has
been properly computed.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
500.
Estimated Number of Response: 1
hour, 22 minutes.
Estimated Total Annual Burden
Hours: 684.
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.
asabaliauskas on DSK3SPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
17:18 Apr 04, 2016
Jkt 238001
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: March 10, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–07760 Filed 4–4–16; 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
Nonaccrual-Experience Method of
Accounting Under Section 448(d)(5).
DATES: Written comments should be
received on or before June 6, 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.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Kerry Dennis at Internal
SUMMARY:
PO 00000
Frm 00167
Fmt 4703
Sfmt 4703
19715
Revenue Service, Room 6526, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the internet at
Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Nonaccrual-Experience Method
of Accounting Under Section 448(d)(5).
OMB Number: 1545–1855. Regulation
Project Number: TD 9285.
Abstract: This document contains
final regulations relating to the use of a
nonaccrual-experience method of
accounting by taxpayers using an
accrual method of accounting and
performing services. The final
regulations reflect amendments under
the Job Creation and Worker Assistance
Act of 2002. The final regulations affect
qualifying taxpayers that want to adopt,
change to, or change a nonaccrualexperience method of accounting under
section 448(d)(5) of the Internal
Revenue Code (Code).
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
8,000.
Estimated Time per Respondent: 3
hours.
Estimated Total Annual Burden
Hours: 24,000.
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 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
E:\FR\FM\05APN1.SGM
05APN1
19716
Federal Register / Vol. 81, No. 65 / Tuesday, April 5, 2016 / Notices
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: March 16, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–07755 Filed 4–4–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 97–45
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 Notice
97–45, Highly Compensated Employee
Definition.
DATES: Written comments should be
received on or before June 6, 2016 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Tuawana Pinkston, Internal Revenue
asabaliauskas on DSK3SPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
17:18 Apr 04, 2016
Jkt 238001
Service, Room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the notice should be directed
to Kerry Dennis, at Internal Revenue
Service, room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the internet at Kerry.Dennis@
irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Highly Compensated Employee
Definition.
OMB Number: 1545–1550.
Notice Number: Notice 97–45.
Abstract: Notice 97–45 provides
guidance on the definition of highly
compensated employee (HCE) within
the meaning of section 414(q) of the
Internal Revenue Code, as simplified by
section 1431 of the Small Business Job
Protection Act of 1996, including an
employer’s option to make a top-paid
group election under section
414(q)(1)(B)(ii). The notice requires
qualified retirement plans that contain a
definition of HCE to be amended to
reflect the statutory changes to section
414(q).
Current Actions: There are no changes
being made to the notice at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, and not-for-profit
institutions.
Estimated Number of Respondents:
218,683.
Estimated Time per Respondent: 18
minutes.
Estimated Total Annual Burden
Hours: 65,605.
The following paragraph applies to all
of the collections of information covered
by this notice:
PO 00000
Frm 00168
Fmt 4703
Sfmt 9990
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: March 16, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–07756 Filed 4–4–16; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\05APN1.SGM
05APN1
]]>Agencies
[Federal Register Volume 81, Number 65 (Tuesday, April 5, 2016)]
[Notices]
[Pages 19715-19716]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07755]
-----------------------------------------------------------------------
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
Nonaccrual-Experience Method of Accounting Under Section 448(d)(5).
DATES: Written comments should be received on or before June 6, 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.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to Kerry Dennis at
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the internet at Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Nonaccrual-Experience Method of Accounting Under Section
448(d)(5).
OMB Number: 1545-1855. Regulation Project Number: TD 9285.
Abstract: This document contains final regulations relating to the
use of a nonaccrual-experience method of accounting by taxpayers using
an accrual method of accounting and performing services. The final
regulations reflect amendments under the Job Creation and Worker
Assistance Act of 2002. The final regulations affect qualifying
taxpayers that want to adopt, change to, or change a nonaccrual-
experience method of accounting under section 448(d)(5) of the Internal
Revenue Code (Code).
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 8,000.
Estimated Time per Respondent: 3 hours.
Estimated Total Annual Burden Hours: 24,000.
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
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
[[Page 19716]]
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: March 16, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016-07755 Filed 4-4-16; 8:45 am]
BILLING CODE 4830-01-P
