Submission for OMB Review; Comment Request, 30610 [2016-11629]

Download as PDF 30610 Federal Register / Vol. 81, No. 95 / Tuesday, May 17, 2016 / Notices Act of 2015 and the Committee’s charter. Michael T. McRaith, Director, Federal Insurance Office. [FR Doc. 2016–11592 Filed 5–16–16; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request May 12, 2016. jstallworth on DSK7TPTVN1PROD with NOTICES 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 June 16, 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. Internal Revenue Service (IRS) OMB Control Number: 1545–0364. Type of Review: Reinstatement of a previously approved collection. Title: Statement of Payments Received. Form: Form 4669. Abstract: Form 4669, Statement of Payments Received, is used by payers in specific situations to request relief from payment of certain required taxes. A payer who fails to withhold certain required taxes from a payee may be entitled to relief, under sections 3402(d), 3102(f)(3), 1463 or Regulations section 1.1474–4. To apply for relief, a payer must show that the payee reported the payments and paid the corresponding tax. To secure relief as described above, a payer must obtain a separate, completed Form 4669 from VerDate Sep<11>2014 15:32 May 16, 2016 Jkt 238001 each payee for each year relief is requested. The data is used to verify that the income tax on the wages was paid in full. The collection of data affects business, individuals, and households. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 21,250. OMB Control Number: 1545–1617. Type of Review: Reinstatement of a previously approved collection. Title: REG–124069–02 (Final) Section 6038—Returns Required with Respect to Controlled Foreign Partnerships; REG– 118966–97 (Final) Information Reporting with Respect to Certain Foreign Partnerships. Abstract: REG–124069–02 Treasury Regulation Sec. 1.6038–3 requires certain United States person who own interests in controlled foreign partnership to annually report information to the IRS on Form 8865. This regulation amends the reporting rules under Treasury Regulation section 1.6038–e to provide that a U.S. person must follow the filing requirements that are specified in the instructions for Form 8865 when the U.S. person must file Form 8865 and the foreign partnership completes and files Form 1065 or Form 1065–B. REG–118966–97 Section 6038 requires certain U.S. persons who own interest in controlled foreign partnerships or certain foreign corporations to annually report information to the IRS. This regulation provides reporting rules to identify foreign partnerships and foreign corporations which are controlled by U.S. persons. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 500. OMB Control Number: 1545–1647. Type of Review: Reinstatement of a previously approved collection. Title: Revenue Procedure 2001–21. Abstract: The revenue procedure provides for an election that allows taxpayers to treat a debt substitution, in certain circumstances, as a realization event even though it does not result in a significant modification under 26 CFR 1.1001–3. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 75. OMB Control Number: 1545–2241. Type of Review: Revision of a currently approved collection. Title: Offshore Voluntary Disclosure Program (OVDP). Form: Forms 14457, 14454, 14453, 14452, 14467, 14653. PO 00000 Frm 00096 Fmt 4703 Sfmt 4703 Abstract: This information collection includes Form 14457, Offshore Voluntary Disclosure Letter; Form 14454, Attachment to Offshore Voluntary Disclosure Letter; Form 14453, Penalty Computation Worksheet; Form 14452, Foreign Account or Asset Statement; Form 14467, Statement on Abandoned Entities; Form 14653, Certification by U.S. Person Residing Outside of the United States for Streamlined Foreign Offshore Procedures; Form 14654, Certification by U.S. Person Residing in the United States for Streamlined Domestic Offshore Procedures; and Form 14708, Streamlined Domestic Penalty Reconsideration Request Related to Canadian Retirement Plans. Affected Public: Individuals or households. Estimated Total Annual Burden Hours: 757,000. Brenda Simms, Treasury PRA Clearance Officer. [FR Doc. 2016–11629 Filed 5–16–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF VETERANS AFFAIRS Advisory Committee on Cemeteries and Memorials, Notice of Meeting The Department of Veterans Affairs (VA) gives notice under Federal Advisory Committee Act, 38 U.S.C. App. 2 that a meeting of the Advisory Committee on Cemeteries and Memorials will be held on June 22–23, 2016, in the National Cemetery Administration’s training room 104 at 1100 First Street NE., Washington, DC 20002, from 8:30 a.m. to 4:30 p.m. The meeting is open to the public. The purpose of the Committee is to advise the Secretary of Veterans Affairs on the administration of national cemeteries, soldiers’ lots and plots, the selection of new national cemetery sites, the erection of appropriate memorials, and the adequacy of Federal burial benefits. On June 22, the Committee will receive mandatory training from the Office of General Counsel in the morning and updates on VA and National Cemetery Administration (NCA) issues by appropriate VA staff. On the morning of June 23, the Committee will receive background information on NCA projects and updates from ex-officio members. Time will be allocated on both June 22 and June 23 to receive public comments at 1:00 p.m. Public comments are limited to three minutes each. E:\FR\FM\17MYN1.SGM 17MYN1

Agencies

[Federal Register Volume 81, Number 95 (Tuesday, May 17, 2016)]
[Notices]
[Page 30610]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-11629]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

May 12, 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 June 16, 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.

Internal Revenue Service (IRS)

    OMB Control Number: 1545-0364.
    Type of Review: Reinstatement of a previously approved collection.
    Title: Statement of Payments Received.
    Form: Form 4669.
    Abstract: Form 4669, Statement of Payments Received, is used by 
payers in specific situations to request relief from payment of certain 
required taxes. A payer who fails to withhold certain required taxes 
from a payee may be entitled to relief, under sections 3402(d), 
3102(f)(3), 1463 or Regulations section 1.1474-4. To apply for relief, 
a payer must show that the payee reported the payments and paid the 
corresponding tax. To secure relief as described above, a payer must 
obtain a separate, completed Form 4669 from each payee for each year 
relief is requested. The data is used to verify that the income tax on 
the wages was paid in full. The collection of data affects business, 
individuals, and households.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 21,250.
    OMB Control Number: 1545-1617.
    Type of Review: Reinstatement of a previously approved collection.
    Title: REG-124069-02 (Final) Section 6038--Returns Required with 
Respect to Controlled Foreign Partnerships; REG-118966-97 (Final) 
Information Reporting with Respect to Certain Foreign Partnerships.
    Abstract: REG-124069-02 Treasury Regulation Sec. 1.6038-3 requires 
certain United States person who own interests in controlled foreign 
partnership to annually report information to the IRS on Form 8865. 
This regulation amends the reporting rules under Treasury Regulation 
section 1.6038-e to provide that a U.S. person must follow the filing 
requirements that are specified in the instructions for Form 8865 when 
the U.S. person must file Form 8865 and the foreign partnership 
completes and files Form 1065 or Form 1065-B. REG-118966-97 Section 
6038 requires certain U.S. persons who own interest in controlled 
foreign partnerships or certain foreign corporations to annually report 
information to the IRS. This regulation provides reporting rules to 
identify foreign partnerships and foreign corporations which are 
controlled by U.S. persons.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 500.

    OMB Control Number: 1545-1647.
    Type of Review: Reinstatement of a previously approved collection.
    Title: Revenue Procedure 2001-21.
    Abstract: The revenue procedure provides for an election that 
allows taxpayers to treat a debt substitution, in certain 
circumstances, as a realization event even though it does not result in 
a significant modification under 26 CFR 1.1001-3.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 75.

    OMB Control Number: 1545-2241.
    Type of Review: Revision of a currently approved collection.
    Title: Offshore Voluntary Disclosure Program (OVDP).
    Form: Forms 14457, 14454, 14453, 14452, 14467, 14653.
    Abstract: This information collection includes Form 14457, Offshore 
Voluntary Disclosure Letter; Form 14454, Attachment to Offshore 
Voluntary Disclosure Letter; Form 14453, Penalty Computation Worksheet; 
Form 14452, Foreign Account or Asset Statement; Form 14467, Statement 
on Abandoned Entities; Form 14653, Certification by U.S. Person 
Residing Outside of the United States for Streamlined Foreign Offshore 
Procedures; Form 14654, Certification by U.S. Person Residing in the 
United States for Streamlined Domestic Offshore Procedures; and Form 
14708, Streamlined Domestic Penalty Reconsideration Request Related to 
Canadian Retirement Plans.
    Affected Public: Individuals or households.
    Estimated Total Annual Burden Hours: 757,000.

Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-11629 Filed 5-16-16; 8:45 am]
BILLING CODE 4830-01-P
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