Submission for OMB Review; Comment Request, 56757-56758 [2016-19985]

Download as PDF asabaliauskas on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 81, No. 162 / Monday, August 22, 2016 / Notices Cecil T. Hua, Director, Enterprise Technology Implementation, Information Technology Robert L. Hunt, Director, Operations Support, Small Business/SelfEmployed Sharon C. James, Associate Chief Information Officer, Cybersecurity, Information Technology Robin DelRey Jenkins, Director, Collection—Campus, Small Business/ Self-Employed Edward T. Killen, Director, Privacy, Governmental Liaison and Disclosure Robert M. Leahy Jr., Associate Chief Information Officer, Strategy and Planning, Information Technology Terry Lemons, Chief, Communications & Liaison Sunita B. Lough, Commissioner, Tax Exempt & Government Entities Deborah Lucas-Trumbull, Director, Demand Management and Project Governance, Information Technology William H. Maglin II, Associate Chief Financial Officer for Financial Management, Chief Financial Officer Paul J. Mamo, Director, Submission Processing, Wage & Investment Lee D. Martin, Director, Whistleblower’s Office Erick Martinez, Director of Field Operations—Northern Area, Criminal Investigation Thomas D. Mathews, Director, Collection—Headquarters, Small Business/Self-Employed Ivy S. McChesney, Director, Customer Accounts Services, Wage & Investment Kevin Q. McIver, Chief, Agency-Wide Shared Services Tina D. Meaux, Director, Central Compliance Practice Area, Large Business & International Renee A. Mitchell, Director, Collection—Central, Small Business/ Self-Employed Mary E. Murphy, Deputy Commissioner, Small Business/Self-Employed Frank A. Nolden, Director, Stakeholder, Partnership, Education & Communication, Wage & Investment Douglas W. O’Donnell, Commissioner, Large Business & International Kimberly A. Petty, Associate Chief Information Officer, Applications Development, Information Technology Crystal K. Philcox, Chief of Staff Sharon R. Porter, Director, Treaty and Transfer Pricing Operations Practice Area, Large Business & International Mary S. Powers, Director, Operations Support, Wage & Investment Scott B. Prentky, Director, Collection, Small Business/Self-Employed Robert A. Ragano, Director, Submission Processing, Information Technology VerDate Sep<11>2014 17:13 Aug 19, 2016 Jkt 238001 Daniel T. Riordan, IRS Human Capital Officer, Human Capital Office Tamera L. Ripperda, Director, Exempt Organizations, Tax Exempt & Government Entities Kathy J. Robbins, Director, Enterprise Activities Practice Area, Large Business & International Karen M. Schiller, Commissioner, Small Business/Self-Employed Rene S. Schwartzman, IRS Identity Assurance Executive, Wage & Investment Rosemary Sereti, Deputy Commissioner, Large Business & International Theodore D. Setzer, Assistant Deputy Commissioner International, Large Business & International Verline A. Shepherd, Associate Chief Information Officer for User and Network Services, Information Technology Nancy A. Sieger, Deputy Associate Chief Information Officer for Applications Development, Information Technology Sudhanshu K. Sinha, Director, Enterprise Architecture, Information Technology Marla L. Somerville, Associate Chief Information Officer, Enterprise Information Technology Program Management Office, Information Technology Carolyn A. Tavenner, Director, Affordable Care Act, Affordable Care Act Office Kathryn D. Vaughan, Director, Examination—Campus, Small Business/Self-Employed Peter C. Wade, Director, Technology Solutions, Small Business/SelfEmployed Kathleen E. Walters, Deputy IRS Human Capital Officer, Human Capital Office Tina A. Walters, Director, Server Support and Services, Information Technology Shanna R. Webbers, Chief Procurement Officer Richard Weber, Chief, Criminal Investigation Stephen A. Whitlock, Director, Office of Professional Responsibility Kirsten B. Wielobob, Chief, Appeals Lavena B. Williams, Director, Eastern Compliance Practice Area, Large Business & International Johnny E. Witt, Deputy Director, Affordable Care Act Office This document does not meet the Treasury’s criteria for significant regulations. John M. Dalrymple, Deputy Commissioner for Services and Enforcement, Internal Revenue Service. [FR Doc. 2016–20025 Filed 8–17–16; 4:15 pm] BILLING CODE 4830–01–P PO 00000 Frm 00181 Fmt 4703 Sfmt 4703 56757 DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request August 17, 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 September 21, 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–NEW. Type of Review: New collection (request for a new OMB control number). Title: Country-by-Country Reporting (Form 8975). Form: Form 8975. Abstract: Form 8975 is used to provide certain information required to report annual country-by-country reporting by certain United States persons that are the ultimate parent entity of a U.S. multinational enterprise that has annual revenue for the preceding annual accounting period of $850 million or more. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 4,680. OMB Control Number: 1545–0052. Type of Review: Extension of a currently approved collection. Title: Form 990–PF, Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as Private Foundation; Form 4720, Return of Certain Excise Taxes on Charities and E:\FR\FM\22AUN1.SGM 22AUN1 asabaliauskas on DSK3SPTVN1PROD with NOTICES 56758 Federal Register / Vol. 81, No. 162 / Monday, August 22, 2016 / Notices Other Persons Under Chapters 41 and 42 for the Internal Revenue Code. Form: Form 990–PF, Form 4720. Abstract: Form 990–PF is an annual information return used to figure the tax based on investment income, and to report charitable distributions and activities. It also serves as a substitute for the section 4947(a)(1) nonexempt charitable trust’s income tax return, Form 1041, U.S. Income Tax Return for Estates and Trusts, when the trust has no taxable income. Form 4720 is used to figure and pay certain excise taxes in chapters 41 and 42 of the Internal Revenue Code. Affected Public: Not-for-profit institutions. Estimated Total Annual Burden Hours: 11,054,637. OMB Control Number: 1545–0902. Type of Review: Extension of a currently approved collection. Title: Form 8288, U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests; Form 8288–A, Statement of Withholding on Dispositions by Foreign Persons of U.S. Real Property Interests. Form: Form 8288, Form 8288–A. Abstract: A buyer or other transferee of a U.S. real property interest, and a corporation, qualified investment entity, or fiduciary that is required to withhold tax, must file Form 8288 to report and transmit the amount withheld. Anyone who completes Form 8288 must also complete a Form 8288–A for each person subject to withholding. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 243,675. OMB Control Number: 1545–1021. Type of Review: Revision of a currently approved collection. Title: Asset Acquisition Statement Under Section 1060. Form: Form 8594. Abstract: Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale if goodwill or going concern value attaches, or could attach, to such assets; and the purchaser’s basis in the assets is determined only by the amount paid for the assets. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 22,910. OMB Control Number: 1545–1533. Type of Review: Reinstatement of a previously approved collection. Title: Revenue Procedure 97–22, 26 CFR 601.105 Examination of returns and claims for refund, credits, or abatement, determination of correct tax liability. VerDate Sep<11>2014 17:13 Aug 19, 2016 Jkt 238001 Abstract: Rev. Proc. 97–22 provides guidance to taxpayers that maintain books and records by using an electronic storage system that either images their hardcopy (paper) books and records, or transfers their computerized books and records, to an electronic storage media, such as an optical disk. Records maintained in an electronic storage system that complies with the requirements of this revenue procedure will constitute records within the meaning of § 6001 of the Internal Revenue Code. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 1,000,400. OMB Control Number: 1545–1718. Type of Review: Extension of a currently approved collection. Title: Source of Income from Certain Space and Ocean Activities; Source of Communications Income (TD 9305— final). Abstract: Treasury Decision (TD) 9305 contains final regulations under section 863(d) governing the source of income from certain space and ocean activities. The collections of information in these final regulations are in §§ 1.863–8(g) and 1.863–9(k). This information is required by the IRS to monitor compliance with the federal tax rules for determining the source of income from space or ocean activities, or from transmission of communications. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 1,250. OMB Control Number: 1545–2028. Type of Review: Extension of a currently approved collection. Title: Fuel Cell Motor Vehicle Credit. Abstract: Notice 2008–33 provides procedures for manufacturers to follow to certify both that a particular make, model, and model year of fuel cell motor vehicle meets the requirements of section 30B(a)(1) and (b) of the Internal Revenue Code, and the amount of the credit allowable with respect to the vehicle. To certify a vehicle, the manufacturer must submit to the IRS a certification that includes, among other items, the make, model, model year, proposed credit amount and a statement affirming that the vehicle is propelled by power derived from one or more cells that convert chemical energy into electricity. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 200. OMB Control Number: 1545–2132. Type of Review: Reinstatement of a previously approved collection. PO 00000 Frm 00182 Fmt 4703 Sfmt 4703 Title: Form 8933, Carbon Dioxide Sequestration Credit. Form: Form 8933. Abstract: Form 8933 is used to claim the carbon dioxide sequestration credit. The credit is allowed for qualified carbon dioxide that is captured and disposed of; or captured, used, and disposed of by the taxpayer in secure geological storage. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 215. Brenda Simms, Treasury PRA Clearance Officer. [FR Doc. 2016–19985 Filed 8–19–16; 8:45 am] BILLING CODE 4810–01–P DEPARTMENT OF VETERANS AFFAIRS Advisory Committee: VA National Academic Affiliations Council Notice of Meeting The Department of Veterans Affairs (VA) gives notice under the Federal Advisory Committee Act, 5 U.S.C. App. 2 that the VA National Academic Affiliations Council will meet via conference call on September 13, 2016, from 2:00 p.m. to 4:00 p.m. EST. The purpose of the Council is to advise the Secretary on matters affecting partnerships between VA and its academic affiliates. On September 13, 2016, the Council will discuss the implementation and funding status of the Veterans Access, Choice, and Accountability Act of 2014’s Graduate Medical Education expansion plan, explore challenges involving the timely issuance of personal identity verification cards to trainees, and examine the breadth and scope of VA’s education program for nursing trainees. The Council will receive public comments from 3:45 p.m. to 4:00 p.m. EST. Interested persons may attend and/or present oral statements to the Council. The dial in number to attend the conference call is: 1–800–767–1750. At the prompt, enter access code 09462 then press #. Individuals seeking to present oral statements are invited to submit a 1–2 page summary of their comments at the time of the meeting for inclusion in the official meeting record. Oral presentations will be limited to five minutes or less, depending on the number of participants. Interested parties may also provide written comments for review by the Council prior to the meeting or at any time, by email to Steve.Trynosky@va.gov, or by E:\FR\FM\22AUN1.SGM 22AUN1

Agencies

[Federal Register Volume 81, Number 162 (Monday, August 22, 2016)]
[Notices]
[Pages 56757-56758]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-19985]


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

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

August 17, 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 September 21, 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-NEW.
    Type of Review: New collection (request for a new OMB control 
number).
    Title: Country-by-Country Reporting (Form 8975).
    Form: Form 8975.
    Abstract: Form 8975 is used to provide certain information required 
to report annual country-by-country reporting by certain United States 
persons that are the ultimate parent entity of a U.S. multinational 
enterprise that has annual revenue for the preceding annual accounting 
period of $850 million or more.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 4,680.

    OMB Control Number: 1545-0052.
    Type of Review: Extension of a currently approved collection.
    Title: Form 990-PF, Return of Private Foundation or Section 
4947(a)(1) Nonexempt Charitable Trust Treated as Private Foundation; 
Form 4720, Return of Certain Excise Taxes on Charities and

[[Page 56758]]

Other Persons Under Chapters 41 and 42 for the Internal Revenue Code.
    Form: Form 990-PF, Form 4720.
    Abstract: Form 990-PF is an annual information return used to 
figure the tax based on investment income, and to report charitable 
distributions and activities. It also serves as a substitute for the 
section 4947(a)(1) nonexempt charitable trust's income tax return, Form 
1041, U.S. Income Tax Return for Estates and Trusts, when the trust has 
no taxable income. Form 4720 is used to figure and pay certain excise 
taxes in chapters 41 and 42 of the Internal Revenue Code.
    Affected Public: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 11,054,637.

    OMB Control Number: 1545-0902.
    Type of Review: Extension of a currently approved collection.
    Title: Form 8288, U.S. Withholding Tax Return for Dispositions by 
Foreign Persons of U.S. Real Property Interests; Form 8288-A, Statement 
of Withholding on Dispositions by Foreign Persons of U.S. Real Property 
Interests.
    Form: Form 8288, Form 8288-A.
    Abstract: A buyer or other transferee of a U.S. real property 
interest, and a corporation, qualified investment entity, or fiduciary 
that is required to withhold tax, must file Form 8288 to report and 
transmit the amount withheld. Anyone who completes Form 8288 must also 
complete a Form 8288-A for each person subject to withholding.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 243,675.

    OMB Control Number: 1545-1021.
    Type of Review: Revision of a currently approved collection.
    Title: Asset Acquisition Statement Under Section 1060.
    Form: Form 8594.
    Abstract: Both the seller and purchaser of a group of assets that 
makes up a trade or business must use Form 8594 to report such a sale 
if goodwill or going concern value attaches, or could attach, to such 
assets; and the purchaser's basis in the assets is determined only by 
the amount paid for the assets.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 22,910.

    OMB Control Number: 1545-1533.
    Type of Review: Reinstatement of a previously approved collection.
    Title: Revenue Procedure 97-22, 26 CFR 601.105 Examination of 
returns and claims for refund, credits, or abatement, determination of 
correct tax liability.
    Abstract: Rev. Proc. 97-22 provides guidance to taxpayers that 
maintain books and records by using an electronic storage system that 
either images their hardcopy (paper) books and records, or transfers 
their computerized books and records, to an electronic storage media, 
such as an optical disk. Records maintained in an electronic storage 
system that complies with the requirements of this revenue procedure 
will constitute records within the meaning of Sec.  6001 of the 
Internal Revenue Code.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 1,000,400.

    OMB Control Number: 1545-1718.
    Type of Review: Extension of a currently approved collection.
    Title: Source of Income from Certain Space and Ocean Activities; 
Source of Communications Income (TD 9305--final).
    Abstract: Treasury Decision (TD) 9305 contains final regulations 
under section 863(d) governing the source of income from certain space 
and ocean activities. The collections of information in these final 
regulations are in Sec. Sec.  1.863-8(g) and 1.863-9(k). This 
information is required by the IRS to monitor compliance with the 
federal tax rules for determining the source of income from space or 
ocean activities, or from transmission of communications.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 1,250.

    OMB Control Number: 1545-2028.
    Type of Review: Extension of a currently approved collection.
    Title: Fuel Cell Motor Vehicle Credit.
    Abstract: Notice 2008-33 provides procedures for manufacturers to 
follow to certify both that a particular make, model, and model year of 
fuel cell motor vehicle meets the requirements of section 30B(a)(1) and 
(b) of the Internal Revenue Code, and the amount of the credit 
allowable with respect to the vehicle. To certify a vehicle, the 
manufacturer must submit to the IRS a certification that includes, 
among other items, the make, model, model year, proposed credit amount 
and a statement affirming that the vehicle is propelled by power 
derived from one or more cells that convert chemical energy into 
electricity.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 200.

    OMB Control Number: 1545-2132.
    Type of Review: Reinstatement of a previously approved collection.
    Title: Form 8933, Carbon Dioxide Sequestration Credit.
    Form: Form 8933.
    Abstract: Form 8933 is used to claim the carbon dioxide 
sequestration credit. The credit is allowed for qualified carbon 
dioxide that is captured and disposed of; or captured, used, and 
disposed of by the taxpayer in secure geological storage.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 215.

Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-19985 Filed 8-19-16; 8:45 am]
 BILLING CODE 4810-01-P
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