Submission for OMB Review; Comment Request, 90921-90922 [2016-30136]

Download as PDF Federal Register / Vol. 81, No. 241 / Thursday, December 15, 2016 / Notices DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Sanctions Actions Pursuant to Executive Order 13413 Office of Foreign Assets Control, Treasury. ACTION: Notice. AGENCY: The Treasury Department’s Office of Foreign Assets Control (OFAC) is publishing the names of two individuals whose property and interests in property are blocked pursuant to Executive Order (E.O.) 13413, as amended by E.O. 13671, and whose names have been added to OFAC’s list of Specially Designated Nationals and Blocked Persons (SDN List). SUMMARY: OFAC’s actions described in this notice were effective December 12, 2016. DATES: 2. BOSHAB, Evariste (a.k.a. BOSHAB MABUDJ MA BILENGE, Evariste; a.k.a. BOSHAB MABUDJ, Evariste; a.k.a. BOSHAB MABUDJ–MA–BILENGE, Evariste; a.k.a. BOSHAB MABUTSH, Evariste; a.k.a. BOSHAB, Evarist; a.k.a. MULUMBU BOSHAB, Evariste), Avenue du Rail 5, Ngaliema, Kinshasa, Congo, Democratic Republic of the; DOB 12 Jan 1956; POB TekeKalamba, Democratic Republic of the Congo; alt. POB Kasai Occidentale Province, Democratic Republic of the Congo; nationality Congo, Democratic Republic of the; Gender Male; Passport DB0007366 (Congo, Democratic Republic of the) issued 07 May 2014 expires 06 May 2019; Deputy Prime Minister, Vice Prime Minister, Minister of Interior and Security (individual) [DRCONGO]. Dated: December 12, 2016. John E. Smith, Acting Director, Office of Foreign Assets Control. [FR Doc. 2016–30138 Filed 12–14–16; 8:45 am] BILLING CODE 4810–AL–P FOR FURTHER INFORMATION CONTACT: Associate Director for Global Targeting, tel.: 202/622–2420, Assistant Director for Sanctions Compliance & Evaluation, tel.: 202/622–2490, Assistant Director for Licensing, tel.: 202/622–2480, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622–2410, Office of the General Counsel, Department of the Treasury (not toll free numbers). SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability The SDN List and additional information concerning OFAC sanctions programs are available from OFAC’s Web site (www.treasury.gov/ofac). rmajette on DSK2TPTVN1PROD with NOTICES Notice of OFAC Actions On December 12, 2016, OFAC blocked the property and interests in property of the following two individuals pursuant to E.O. 13413, ‘‘Blocking Property of Certain Persons Contributing to the Conflict in the Democratic Republic of the Congo,’’ as amended: 1. MUTONDO, Kalev (a.k.a. KALEV KATANGA, Mutondo; a.k.a. KALEV, Motono; a.k.a. KALEV, Mutundo; a.k.a. MUTOID, Kalev; a.k.a. MUTOMBO, Kalev; a.k.a. MUTOND, Kalev; a.k.a. MUTONDO KATANGA, Kalev; a.k.a. MUTUND, Kalev), 24 Avenue Ma Campagne, Quartier Ma Campagne Commune De Ngaliema, Kinshasa 00243, Congo, Democratic Republic of the; DOB 03 Mar 1957; POB Kasaji, Democratic Republic of the Congo; alt. POB Likasi, Katanga, Democratic Republic of the Congo; nationality Congo, Democratic Republic of the; Gender Male; Passport DB0004470 (Congo, Democratic Republic of the) issued 08 Jun 2012 expires 07 Jun 2017; Agence Nationale de Renseignements General Administrator (individual) [DRCONGO]. VerDate Sep<11>2014 15:19 Dec 14, 2016 Jkt 241001 DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request December 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. Comments should be received on or before January 17, 2017 to be assured of consideration. DATES: 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 8142, Washington, DC 20220, or email at PRA@treasury.gov. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained by emailing PRA@treasury.gov, calling (202) 622–0934, or viewing the entire information collection request at www.reginfo.gov. Internal Revenue Service (IRS) OMB Control Number: 1545–0134. PO 00000 Frm 00150 Fmt 4703 Sfmt 4703 90921 Type of Review: Extension without change of a currently approved collection. Title: Application to Adopt, Change, or Retain a Tax Year. Form: 1128. Abstract: Form 1128 is needed in order to process taxpayers’ request to change their tax year. All information requested is used to determine whether the application should be approved. Respondents are taxable and nontaxable entities including individuals, partnerships, corporations, estates, taxexempt organizations and cooperatives. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 232,066. OMB Control Number: 1545–0720. Type of Review: Extension without change of a currently approved collection. Title: Information Return for TaxExempt Private Activity Bond Issues (Form 8038), Tax-Exempt Govt Obligation (Form 8038–G), and Small Tax-Exempt Govt Bond Issues, Leases, and Installment Sales (8038–GC). Form: 8038, 8038–G, 8038–GC. Abstract: Issuers of state or local bonds must comply with certain information reporting requirements contained in Internal Revenue Code section 149 to qualify for tax exemption. The information must be reported by the issuers about bonds issued by them during each preceding calendar quarter. Forms 8038, 8038–G, and 8038–GC are used to provide the IRS with the information required by Code section 149 and to monitor the requirements of Code sections 141 through 150. Affected Public: State, Local, and Tribal Governments; Businesses or other for-profits. Estimated Total Annual Burden Hours: 845,394. OMB Control Number: 1545–1132. Type of Review: Revision of a currently approved collection. Title: Denial of interest deduction on certain obligations to foreign persons. Abstract: The Internal Revenue Service needs the information in order to ensure that purchasers of bearer obligations are not U.S. persons (other than those permitted to hold obligations under section 165(j)) and to ensure that U.S. persons holding bearer obligations properly report income and gain on such obligations. Affected Public: Business or other forprofits. Estimated Total Annual Burden Hours: 867. OMB Control Number: 1545–1226. Type of Review: Extension without change of a currently approved collection. E:\FR\FM\15DEN1.SGM 15DEN1 rmajette on DSK2TPTVN1PROD with NOTICES 90922 Federal Register / Vol. 81, No. 241 / Thursday, December 15, 2016 / Notices Title: Proceeds of Bonds Used for Reimbursement—FI–59–89 (TD 8394— Final). Abstract: This regulation clarifies when the allocation of bond proceeds to reimburse expenditures previously made by an issuer of the bond is treated as an expenditure of the bond proceeds. The issuer must express a reasonable official intent, on or prior to the date of payment, to reimburse the expenditure in order to assure that the reimbursement is not a device to evade requirements imposed by the Internal Revenue Code with respect to tax exempt bonds. Affected Public: State, Local, and Tribal Governments. Estimated Total Annual Burden Hours: 6,000. OMB Control Number: 1545–1270. Type of Review: Extension without change of a currently approved collection. Title: Gasoline Excise Tax and Gasohol; Compressed Natural Gas. Abstract: TD 8421 contains final regulations under Internal Revenue Code sections 4081 and 4082, relating 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. TD 8609 contains final regulations relating 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 CNG affect persons that sell or buy CNG for use as a fuel in a motor vehicle or motorboat. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 366. OMB Control Number: 1545–1300. Type of Review: Revision of a currently approved collection. Title: Treatment of Acquisition of Certain Financial Institutions: Certain Tax Consequences of Federal Financial Assistance to Financial Institutions. Abstract: 26 U.S.C. Section 597 of the Internal Revenue Code provides that the income tax treatment of any transaction in which Federal financial assistance (FFA), is provided with respect to a bank or domestic building and loan association (Institution) will be determined under regulations prescribed by the Secretary. The regulations provide that, generally, FFA is included in the gross income of the recipient in the year it is received. However, in certain circumstances, the inclusion of FFA in income is deferred. VerDate Sep<11>2014 15:19 Dec 14, 2016 Jkt 241001 The collection of information required by the regulations is necessary to track deferred income and its subsequent recapture, to track any amounts of tax that are not subject to collection, to elect to disaffiliate earlier than would otherwise be permitted, and to elect to apply the provisions of the regulations retroactively. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 2,200. OMB Control Number: 1545–1338. Type of Review: Extension without a change of a currently approved collection. Title: Election Out of Subchapter K for Producers of Natural Gas—TD 8578. Abstract: This regulation contains certain requirements that must be met by co-producers of natural gas subject to a joint operating agreement in order to elect out of subchapter K of chapter 1 of the Internal Revenue Code. Under section 1.761–2(d)(5)(i), gas producers subject to gas balancing agreements on the regulation’s effective date are to file Form 3115 and certain additional information to obtain the Commissioner’s consent to a change in method of accounting to either of the two new permissible accounting methods in the regulations. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 5. OMB Control Number: 1545–1574. Type of Review: Extension without a change of a currently approved collection. Title: Information Reporting for Qualified Tuition and Related Expenses. Form: 1098–T. Abstract: Section 6050S of the Internal Revenue Code requires eligible education institutions to report certain information regarding tuition payments to the IRS and to students. Form 1098– T has been developed to meet this requirement. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 4,848,090. OMB Control Number: 1545–1588. Type of Review: Extension without a change of a currently approved collection. Title: Adjustments Following Sales of Partnership Interests. Abstract: Partnerships, with a section 754 election in effect, are required to adjust the basis of partnership property following certain transfers of partnership interests. The regulations require the partnership to attach a statement to its partnership return PO 00000 Frm 00151 Fmt 4703 Sfmt 4703 indicating the adjustment and how it was allocated among the partnership property. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 904,000. Bob Faber, Acting Treasury PRA Clearance Officer. [FR Doc. 2016–30136 Filed 12–14–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0659] Agency Information Collection Activity (Support of Claim for Service Connection for Post-Traumatic Stress Disorder (PTSD) (VA Form 21–0781) and Support of Claim for Service Connection for Post-Traumatic Stress Disorder (PTSD) Secondary to Personal Assault (VA Form 21–0781a)) Veterans Benefits Administration, Department of Veterans Affairs ACTION: Notice AGENCY: The Veterans Benefits Administration (VBA), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed revision of a currently approved collection, and allow 60 days for public comment in response to the notice. VA Forms 21–0781 and 21–0781a are used to gather specific information about in-service stressors, so VA can assist claimants in obtaining credible supporting evidence that the claimed stressors occurred. In-service stressors reported by veterans must be verifiable. VA cannot thoroughly research military records and other sources of information for credible supporting evidence unless the veteran provides VA with specific information about the in-service stressors. The forms request information that is necessary to conduct meaningful research of records. DATES: Written comments and recommendations on the proposed collection of information should be received on or before February 13, 2017. ADDRESSES: Submit written comments on the collection of information through Federal Docket Management System SUMMARY: E:\FR\FM\15DEN1.SGM 15DEN1

Agencies

[Federal Register Volume 81, Number 241 (Thursday, December 15, 2016)]
[Notices]
[Pages 90921-90922]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-30136]


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

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 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 January 17, 2017 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 8142, 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) 622-0934, or 
viewing the entire information collection request at www.reginfo.gov.

Internal Revenue Service (IRS)

    OMB Control Number: 1545-0134.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Application to Adopt, Change, or Retain a Tax Year.
    Form: 1128.
    Abstract: Form 1128 is needed in order to process taxpayers' 
request to change their tax year. All information requested is used to 
determine whether the application should be approved. Respondents are 
taxable and nontaxable entities including individuals, partnerships, 
corporations, estates, tax-exempt organizations and cooperatives.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 232,066.
    OMB Control Number: 1545-0720.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Information Return for Tax-Exempt Private Activity Bond 
Issues (Form 8038), Tax-Exempt Govt Obligation (Form 8038-G), and Small 
Tax-Exempt Govt Bond Issues, Leases, and Installment Sales (8038-GC).
    Form: 8038, 8038-G, 8038-GC.
    Abstract: Issuers of state or local bonds must comply with certain 
information reporting requirements contained in Internal Revenue Code 
section 149 to qualify for tax exemption. The information must be 
reported by the issuers about bonds issued by them during each 
preceding calendar quarter. Forms 8038, 8038-G, and 8038-GC are used to 
provide the IRS with the information required by Code section 149 and 
to monitor the requirements of Code sections 141 through 150.
    Affected Public: State, Local, and Tribal Governments; Businesses 
or other for-profits.
    Estimated Total Annual Burden Hours: 845,394.
    OMB Control Number: 1545-1132.
    Type of Review: Revision of a currently approved collection.
    Title: Denial of interest deduction on certain obligations to 
foreign persons.
    Abstract: The Internal Revenue Service needs the information in 
order to ensure that purchasers of bearer obligations are not U.S. 
persons (other than those permitted to hold obligations under section 
165(j)) and to ensure that U.S. persons holding bearer obligations 
properly report income and gain on such obligations.
    Affected Public: Business or other for-profits.
    Estimated Total Annual Burden Hours: 867.
    OMB Control Number: 1545-1226.
    Type of Review: Extension without change of a currently approved 
collection.

[[Page 90922]]

    Title: Proceeds of Bonds Used for Reimbursement--FI-59-89 (TD 
8394--Final).
    Abstract: This regulation clarifies when the allocation of bond 
proceeds to reimburse expenditures previously made by an issuer of the 
bond is treated as an expenditure of the bond proceeds. The issuer must 
express a reasonable official intent, on or prior to the date of 
payment, to reimburse the expenditure in order to assure that the 
reimbursement is not a device to evade requirements imposed by the 
Internal Revenue Code with respect to tax exempt bonds.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Total Annual Burden Hours: 6,000.
    OMB Control Number: 1545-1270.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Gasoline Excise Tax and Gasohol; Compressed Natural Gas.
    Abstract: TD 8421 contains final regulations under Internal Revenue 
Code sections 4081 and 4082, relating 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. TD 8609 contains final 
regulations relating 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 CNG affect persons that sell or buy CNG for use as a fuel 
in a motor vehicle or motorboat.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 366.
    OMB Control Number: 1545-1300.
    Type of Review: Revision of a currently approved collection.
    Title: Treatment of Acquisition of Certain Financial Institutions: 
Certain Tax Consequences of Federal Financial Assistance to Financial 
Institutions.
    Abstract: 26 U.S.C. Section 597 of the Internal Revenue Code 
provides that the income tax treatment of any transaction in which 
Federal financial assistance (FFA), is provided with respect to a bank 
or domestic building and loan association (Institution) will be 
determined under regulations prescribed by the Secretary. The 
regulations provide that, generally, FFA is included in the gross 
income of the recipient in the year it is received. However, in certain 
circumstances, the inclusion of FFA in income is deferred. The 
collection of information required by the regulations is necessary to 
track deferred income and its subsequent recapture, to track any 
amounts of tax that are not subject to collection, to elect to 
disaffiliate earlier than would otherwise be permitted, and to elect to 
apply the provisions of the regulations retroactively.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 2,200.
    OMB Control Number: 1545-1338.
    Type of Review: Extension without a change of a currently approved 
collection.
    Title: Election Out of Subchapter K for Producers of Natural Gas--
TD 8578.
    Abstract: This regulation contains certain requirements that must 
be met by co-producers of natural gas subject to a joint operating 
agreement in order to elect out of subchapter K of chapter 1 of the 
Internal Revenue Code. Under section 1.761-2(d)(5)(i), gas producers 
subject to gas balancing agreements on the regulation's effective date 
are to file Form 3115 and certain additional information to obtain the 
Commissioner's consent to a change in method of accounting to either of 
the two new permissible accounting methods in the regulations.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 5.
    OMB Control Number: 1545-1574.
    Type of Review: Extension without a change of a currently approved 
collection.
    Title: Information Reporting for Qualified Tuition and Related 
Expenses.
    Form: 1098-T.
    Abstract: Section 6050S of the Internal Revenue Code requires 
eligible education institutions to report certain information regarding 
tuition payments to the IRS and to students. Form 1098-T has been 
developed to meet this requirement.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 4,848,090.
    OMB Control Number: 1545-1588.
    Type of Review: Extension without a change of a currently approved 
collection.
    Title: Adjustments Following Sales of Partnership Interests.
    Abstract: Partnerships, with a section 754 election in effect, are 
required to adjust the basis of partnership property following certain 
transfers of partnership interests. The regulations require the 
partnership to attach a statement to its partnership return indicating 
the adjustment and how it was allocated among the partnership property.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 904,000.

Bob Faber,
Acting Treasury PRA Clearance Officer.
[FR Doc. 2016-30136 Filed 12-14-16; 8:45 am]
 BILLING CODE 4830-01-P
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