Proposed Collection: Comment Request for Regulation Project, 67433-67434 [2016-23588]
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mstockstill on DSK3G9T082PROD with NOTICES
Federal Register / Vol. 81, No. 190 / Friday, September 30, 2016 / Notices
OMB Number: 1545–0685.
Form Number: Form 1363.
Abstract: Internal Revenue Code
section 427(b)(2) exempts exported
property from the excise tax on
transportation of property. Regulation
§ 49.4271–1(d)(2) authorizes the filing of
Form 1363 by the shipper to request tax
exemption for a shipment or a series of
shipments. The information on the form
is used by the IRS to verify shipments
of property made tax-free.
Current Actions: There are no changes
being made to this form at this time.
Type of Review: Extension of a
Revision of a currently approved
collection.
Affected Public: Business or other forprofit organizations and individuals or
households.
Estimated Number of Respondents:
100,000.
Estimated Time per Respondent: 4
hours, 15 minutes.
Estimated Total Annual Burden
Hours: 425,000.
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
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.
VerDate Sep<11>2014
20:49 Sep 29, 2016
Jkt 238001
Approved: September 19, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–23592 Filed 9–29–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 8703
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 Form
8703, Annual Certification of a
Residential Rental Project.
DATES: Written comments should be
received on or before November 29,
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 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: Annual Certification of a
Residential Rental Project.
OMB Number: 1545–1038.
Form Number: 8703.
Abstract: Form 8703 is used by the
operator of a residential rental project to
provide annual information that the IRS
will use to determine whether a project
continues to be a qualified residential
rental project under Internal Revenue
Code section 142(d). If so, and certain
other requirements are met, bonds
issued in connection with the project
are considered ‘‘exempt facility bonds’’
and the interest paid on them is not
taxable to the recipient.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB. This form is being
submitted for renewal purposes only.
SUMMARY:
PO 00000
Frm 00145
Fmt 4703
Sfmt 4703
67433
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
6,000.
Estimated Time per Respondent: 12
hours, 47 minutes.
Estimated Total Annual Burden
Hours: 76,620.
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: September 16, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–23590 Filed 9–29–16; 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:
E:\FR\FM\30SEN1.SGM
30SEN1
67434
Federal Register / Vol. 81, No. 190 / Friday, September 30, 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,
Adjustments Following Sales of
Partnership Interests.
DATES: Written comments should be
received on or before November 29,
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 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.
SUMMARY:
mstockstill on DSK3G9T082PROD with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Adjustments Following Sales of
Partnership Interests.
OMB Number: 1545–1588.
Regulation Project Number: TD 8847.
Abstract: Partnerships, with a section
754 election in effect, are required to
adjust the basis of partnership property
following certain transfers of
partnership interests. This regulation
relates to the optional adjustments to
the basis of partnership property
following certain transfers of
partnership interests under section 743,
the calculation of gain or loss under
section 751(a) following the sale or
exchange of a partnership interest, the
allocation of basis adjustments among
partnership assets under section 755,
the allocation of a partner’s basis in its
partnership interest to properties
distributed to the partner by the
partnership under section 732(c), and
the computation of a partner’s
proportionate share of the adjusted basis
of depreciable property (or depreciable
real property) under section 1017.
Current Actions: There are no changes
being made to the regulation at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents/
Recordkeepers: 226,000.
Estimated Time per Respondent/
Recordkeeper: 4 hrs.
VerDate Sep<11>2014
20:49 Sep 29, 2016
Jkt 238001
Estimated Total Annual Burden
Hours: 904,000.
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
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: September 19, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–23588 Filed 9–29–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Gasohol; Compressed
Natural Gas and Gasoline Excise Tax
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
SUMMARY:
PO 00000
Frm 00146
Fmt 4703
Sfmt 4703
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the IRS is soliciting
comments concerning gasohol;
compressed natural gas and gasoline
excise tax.
DATES: Written comments should be
received on or before November 29,
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 Allan Hopkins 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: Gasohol; Compressed Natural
Gas; and Gasoline Excise Tax.
OMB Number: 1545–1270. Regulation
Project Number: PS–66–93 (TD 8609)
and PS–120–90 (8241).
Abstract: PS–66–93: This regulation
relates to gasohol blending and the tax
on compressed natural gas (CNG). The
sections relating to gasohol blending
affect certain blenders, enterers,
refiners, and throughputters. The
sections relating to CMG affect persons
that sell or buy CNG for use as a fuel
in a motor vehicle or motorboat. PS–
120–90: This regulation relates to the
federal excise tax on gasoline. It affects
refiners, importers, and distributors of
gasoline and provides guidance relating
to taxable transactions, persons liable
for tax, gasoline blendstocks, and
gasohol.
Current Actions: There are no changes
being made to this regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, Not-for-profit
institutions, Farms and State, Local or
Tribal Governments.
Estimated Number of Respondents:
3,410.
Estimated Time per Respondent: 7
minutes.
Estimated Total Annual Burden
Hours: 366.
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
E:\FR\FM\30SEN1.SGM
30SEN1
Agencies
[Federal Register Volume 81, Number 190 (Friday, September 30, 2016)]
[Notices]
[Pages 67433-67434]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-23588]
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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.
-----------------------------------------------------------------------
[[Page 67434]]
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,
Adjustments Following Sales of Partnership Interests.
DATES: Written comments should be received on or before November 29,
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 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: Adjustments Following Sales of Partnership Interests.
OMB Number: 1545-1588.
Regulation Project Number: TD 8847.
Abstract: Partnerships, with a section 754 election in effect, are
required to adjust the basis of partnership property following certain
transfers of partnership interests. This regulation relates to the
optional adjustments to the basis of partnership property following
certain transfers of partnership interests under section 743, the
calculation of gain or loss under section 751(a) following the sale or
exchange of a partnership interest, the allocation of basis adjustments
among partnership assets under section 755, the allocation of a
partner's basis in its partnership interest to properties distributed
to the partner by the partnership under section 732(c), and the
computation of a partner's proportionate share of the adjusted basis of
depreciable property (or depreciable real property) under section 1017.
Current Actions: There are no changes being made to the regulation
at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents/Recordkeepers: 226,000.
Estimated Time per Respondent/Recordkeeper: 4 hrs.
Estimated Total Annual Burden Hours: 904,000.
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
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: September 19, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016-23588 Filed 9-29-16; 8:45 am]
BILLING CODE 4830-01-P