Proposed Collection; Comment Request for Regulation Project, 29955-29956 [2016-11366]
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mstockstill on DSK3G9T082PROD with NOTICES
Federal Register / Vol. 81, No. 93 / Friday, May 13, 2016 / Notices
instruments with original issue
discount; contingent payments; antiabuse rule.
DATES: Written comments should be
received on or before July 12, 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 regulation should be
directed to Kerry Dennis, Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Debt Instruments With Original
Issue Discount; Contingent Payments;
Anti-Abuse Rule.
OMB Number: 1545–1450.
Regulation Project Number: TD 8674.
Abstract: This regulation relates to the
tax treatment of debt instruments that
provide for one or more contingent
payments. The regulation also treats a
debt instrument and a related hedge as
an integrated transaction. The regulation
provides general rules, definitions, and
reporting and recordkeeping
requirements for contingent payment
debt instruments and for integrated debt
instruments.
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, individuals, and
state, local, or tribal governments.
Estimated Number of Respondents:
180,000.
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 89,000.
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
VerDate Sep<11>2014
18:05 May 12, 2016
Jkt 238001
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: May 2, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–11364 Filed 5–12–16; 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
definition of private activity bonds.
DATES: Written comments should be
received on or before July 12, 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 Allan Hopkins at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Definition of Private Activity
Bonds.
SUMMARY:
PO 00000
Frm 00124
Fmt 4703
Sfmt 4703
29955
OMB Number: 1545–1451.
Regulation Project Number: TD 8712.
Abstract: Internal Revenue Code
section 103 provides generally that
interest on certain State or local bonds
is excluded from gross income.
However, under Code sections 103(b)(1)
and 141, interest on private activity
bonds (other than qualified bonds) is
not excluded. This regulation provides
rules, for purposes of Code section 141,
to determine how bond proceeds are
measured and used and how debt
service for those bonds is paid or
secured.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of
currently approved collection.
Affected Public: State, local or tribal
governments.
Estimated Number of Respondents:
10,100.
Estimated Time per Respondent: 2
hours, 50 minutes.
Estimated Total Annual Burden
Hours: 30,100.
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.
E:\FR\FM\13MYN1.SGM
13MYN1
29956
Federal Register / Vol. 81, No. 93 / Friday, May 13, 2016 / Notices
Approved: May 5, 2016.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2016–11366 Filed 5–12–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Notice 2009–83
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
2009–83, Credit for Carbon Dioxide
Sequestration under Section 45Q.
DATES: Written comments should be
received on or before July 12, 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 notice should be directed to
Allan Hopkins, at Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW., Washington, DC 20224, or
through the Internet, at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Credit for Carbon Dioxide
Sequestration under Section 45Q.
OMB Number: 1545–2153.
Notice Number: Notice 2009–83.
Abstract: The notice sets forth interim
guidance, pending the issuance of
regulations, relating to the credit for
carbon dioxide sequestration (CO2
sequestration credit) under § 45Q of the
Internal Revenue Code.
Current Actions: There are no changes
being made to the notice at this time.
Type of Review: Extension of a
previously approved collection.
Affected Public: Business and forprofit.
Estimated Number of Respondents:
30.
Estimated Average Time per
Respondent: 6 hrs.
mstockstill on DSK3G9T082PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
18:05 May 12, 2016
Jkt 238001
Estimated Total Annual Burden
Hours: 180 hrs.
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: May 5, 2016.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2016–11369 Filed 5–12–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 5434 and 5434–A
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,
SUMMARY:
PO 00000
Frm 00125
Fmt 4703
Sfmt 4703
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Form
5434, Application for Enrollment, and
Form 5434–A, Application for Renewal
of Enrollment.
DATES: Written comments should be
received on or before July 12, 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 form and instructions
should be directed to Allan Hopkins at
Internal Revenue Service, Room 6129,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet at Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 5434, Application for
Enrollment, and Form 5434–A,
Application for Renewal of Enrollment.
OMB Number: 1545–0951.
Form Number: 5434 and 5434–A.
Abstract: Form 5434 is used to apply
for enrollment to perform actuarial
services under the Employee Retirement
income Security Act of 1974 (ERISA).
Form 5434–A is used to renew
enrollment every three years to perform
actuarial services under (ERISA). The
information is used by the Joint Board
for the Enrollment of Actuaries to
determine the eligibility of the applicant
to perform actuarial services.
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 and
households.
Estimated Number of Respondents:
6,000.
Estimated Time per Respondent: 38
minutes.
Estimated Total Annual Burden
Hours: 38,000.
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
E:\FR\FM\13MYN1.SGM
13MYN1
]]>Agencies
[Federal Register Volume 81, Number 93 (Friday, May 13, 2016)]
[Notices]
[Pages 29955-29956]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-11366]
-----------------------------------------------------------------------
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
definition of private activity bonds.
DATES: Written comments should be received on or before July 12, 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 Allan Hopkins at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the Internet at
Allan.M.Hopkins@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Definition of Private Activity Bonds.
OMB Number: 1545-1451.
Regulation Project Number: TD 8712.
Abstract: Internal Revenue Code section 103 provides generally that
interest on certain State or local bonds is excluded from gross income.
However, under Code sections 103(b)(1) and 141, interest on private
activity bonds (other than qualified bonds) is not excluded. This
regulation provides rules, for purposes of Code section 141, to
determine how bond proceeds are measured and used and how debt service
for those bonds is paid or secured.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of currently approved collection.
Affected Public: State, local or tribal governments.
Estimated Number of Respondents: 10,100.
Estimated Time per Respondent: 2 hours, 50 minutes.
Estimated Total Annual Burden Hours: 30,100.
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.
[[Page 29956]]
Approved: May 5, 2016.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2016-11366 Filed 5-12-16; 8:45 am]
BILLING CODE 4830-01-P
