Submission for OMB Review; Comment Request, 96568-96569 [2016-31707]

Download as PDF 96568 Federal Register / Vol. 81, No. 251 / Friday, December 30, 2016 / Notices estimated that the largest custodians of securities will require a total of 486 hours on average; and for the largest issuers of securities that have data to report and are not custodians, the estimate is 110 hours on average. The exemption level for custodians and for end-investors is the holding of less than $200 million in reportable U.S. securities owned by foreign residents. The exemption level applies only in benchmark years. Estimated Total Annual Burden Hours: An annual average (over five years) of 33,720 hours. Frequency of Response: Annual. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget approval. All comments will become a matter of public record. The public is invited to submit written comments concerning: (a) Whether the Survey is necessary for the proper performance of the functions of the Office of International Affairs within the Department of the Treasury, including whether the information collected will have practical uses; (b) the accuracy of the above estimate of the burdens; (c) ways to enhance the quality, usefulness and clarity of the information to be collected; (d) ways to minimize the reporting and/or record keeping burdens on respondents, including the use of information technologies to automate the collection of the data requested; and (e) estimates of capital or start-up costs of operation, maintenance and purchase of services to provide the information requested. Dwight Wolkow, Administrator, International Portfolio Investment Data Systems. [FR Doc. 2016–31651 Filed 12–29–16; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request srobinson on DSK5SPTVN1PROD with NOTICES December 27, 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 30, 2017 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimates, or any other VerDate Sep<11>2014 19:18 Dec 29, 2016 Jkt 241001 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: 1545–0008. Type of Review: Revision of a currently approved collection. Title: Wage and Tax Statements W–2/ W–3 Series. Abstract: Section 6051 of the Internal Revenue Code requires employers to furnish income and withholding statements to employees and to the IRS. Employers report income and withholding information on Form W–2. Forms W–2AS, W–2GU, and W–2VI are variations of the W–2 for use in U.S. possessions. The W–3 series forms transmit W–2 series forms to SSA for processing. The W–2C and W–3C series are used to correct previously filed forms. Forms: W–2VI, W–3, W–3C, W–3CPR, W–3PR, W–2GU, W–2, W–2C, W–2AS, W–3SS. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 1. OMB Control Number: 1545–0754. Type of Review: Extension without change of a currently approved collection. Title: Form Substantiation of Charitable Contributions- TD 8002. Abstract: Congress intended that the IRS prescribe rules and requirements to assure substantiation and verification of charitable contributions. The regulations serve these purposes. Affected Public: Individuals or Households. Estimated Total Annual Burden Hours: 2,158,000. OMB Control Number: 1545–1212. Type of Review: Extension without change of a currently approved collection. Title: Form 706–QDT—U.S. Estate Tax Return for Qualified Domestic Trusts. PO 00000 Frm 00136 Fmt 4703 Sfmt 4703 Form: 706–QDT. Abstract: Form 706–QDT is used by the trustee or the designated filer to compute and report the Federal estate tax imposed on qualified domestic trusts by C section 2056A. IRS uses the information to enforce this tax and to verify that the tax has been properly computed. Affected Public: Individuals or Households. Estimated Total Annual Burden Hours: 357. OMB Control Number: 1545–1578. Type of Review: Extension without change of a currently approved collection. Title: REG–106542–98 (TD 9032) (Final), Election to Treat Trust as Part of an Estate. Abstract: REG–106542–98 (TD 9032) and Rev. Proc. 98–13 relate to an election to have certain revocable trusts treated and taxed as part of an estate, and provides the procedures and requirements for making the section 645 election. Affected Public: Individual or Households. Estimated Total Annual Burden Hours: 5,000. OMB Control Number: 1545–1748. Type of Review: Extension without a change of a currently approved collection. Title: Changes in Accounting Periods—REG–106917–99 (TD 8669/ Final). Abstract: Section 1.441–2(b)(1) requires certain taxpayers to file statements on their federal income tax returns to notify the Commissioner of the taxpayers’ election to adopt a 52–53 week taxable year. Section 1.442–1(b)(4) provides that certain taxpayers must establish books and records that clearly reflect income for the short period involved when changing their taxable year to a fiscal taxable year. Section 1.442–1(d) requires a newly married husband or wife to file a statement with their short period return when changing to the other spouse’s taxable year. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 500. OMB Control Number: 1545–1877. Type of Review: Extension without change of a currently approved collection. Title: Average Area Purchase Price Safe Harbors and Nationwide Purchase Prices under section 143—Revenue Procedure 2004–18. Abstract: Revenue Procedure 2004–18 provides issuers of qualified mortgage bonds, as defined in section 143(a) of E:\FR\FM\30DEN1.SGM 30DEN1 Federal Register / Vol. 81, No. 251 / Friday, December 30, 2016 / Notices srobinson on DSK5SPTVN1PROD with NOTICES the Internal Revenue Code, and issuers of mortgage credit certificates, as defined in section 25(c), with (1) nationwide average purchase prices for residences located in the United States, and (2) average area purchase price safe harbors for residences located in statistical areas in each state, the District of Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, the Virgin Islands, and Guam. Affected Public: State, Local, and Tribal Governments. Estimated Total Annual Burden Hours: 15. OMB Control Number: 1545–1979. Type of Review: Extension without change of a currently approved collection. Title: Form 8908—Energy Efficient Home Credit. Form: 8908. Abstract: Eligible contractors will use Form 8908 to claim the credit for new energy efficient homes that are acquired by sale or lease by an individual from that contractor during the tax year for use as a residence. VerDate Sep<11>2014 19:18 Dec 29, 2016 Jkt 241001 Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 512,820. OMB Control Number: 1545–2050. Type of Review: Extension without change of a currently approved collection. Title: Notice 2006–109—Interim Guidance Regarding Supporting Organizations and Donor Advised Funds. Abstract: Notice 2006–109 provides interim guidance regarding application of new or revised requirements under sections 1231 and 1241–1244 of the Pension Protection Act of 2006. It also provides interim relief from application of new excise taxes on private foundation grants to supporting organizations and on sponsoring organizations of donor advised funds. Affected Public: Not-for-profit institutions. Estimated Total Annual Burden Hours: 612,294. OMB Control Number: 1545–2147. PO 00000 Frm 00137 Fmt 4703 Sfmt 9990 96569 Type of Review: Extension without change of a currently approved collection. Title: Internal Revenue Code Section 108(i) Election. Abstract: Public Law 111–5 (American Recovery and Reinvestment Act), Section 1231 requires taxpayers to attach an election statement to the taxpayer’s tax return to obtain a tax benefit. Information on how to make the election and what the statement must include must be published as early as possible to allow taxpayers sufficient time to determine whether to make the election and timely prepare and file their tax returns. Affected Public: Businesses or other for-profits. Estimated Total Annual Burden Hours: 300,000. Bob Faber, Treasury PRA Clearance Officer. [FR Doc. 2016–31707 Filed 12–29–16; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\30DEN1.SGM 30DEN1

Agencies

[Federal Register Volume 81, Number 251 (Friday, December 30, 2016)]
[Notices]
[Pages 96568-96569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-31707]


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

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

December 27, 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 30, 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: 1545-0008.
    Type of Review: Revision of a currently approved collection.
    Title: Wage and Tax Statements W-2/W-3 Series.
    Abstract: Section 6051 of the Internal Revenue Code requires 
employers to furnish income and withholding statements to employees and 
to the IRS. Employers report income and withholding information on Form 
W-2. Forms W-2AS, W-2GU, and W-2VI are variations of the W-2 for use in 
U.S. possessions. The W-3 series forms transmit W-2 series forms to SSA 
for processing. The W-2C and W-3C series are used to correct previously 
filed forms.
    Forms: W-2VI, W-3, W-3C, W-3CPR, W-3PR, W-2GU, W-2, W-2C, W-2AS, W-
3SS.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 1.

    OMB Control Number: 1545-0754.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Form Substantiation of Charitable Contributions- TD 8002.
    Abstract: Congress intended that the IRS prescribe rules and 
requirements to assure substantiation and verification of charitable 
contributions. The regulations serve these purposes.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 2,158,000.

    OMB Control Number: 1545-1212.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Form 706-QDT--U.S. Estate Tax Return for Qualified Domestic 
Trusts.
    Form: 706-QDT.
    Abstract: Form 706-QDT is used by the trustee or the designated 
filer to compute and report the Federal estate tax imposed on qualified 
domestic trusts by C section 2056A. IRS uses the information to enforce 
this tax and to verify that the tax has been properly computed.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 357.

    OMB Control Number: 1545-1578.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: REG-106542-98 (TD 9032) (Final), Election to Treat Trust as 
Part of an Estate.
    Abstract: REG-106542-98 (TD 9032) and Rev. Proc. 98-13 relate to an 
election to have certain revocable trusts treated and taxed as part of 
an estate, and provides the procedures and requirements for making the 
section 645 election.
    Affected Public: Individual or Households.
    Estimated Total Annual Burden Hours: 5,000.
    OMB Control Number: 1545-1748.
    Type of Review: Extension without a change of a currently approved 
collection.
    Title: Changes in Accounting Periods--REG-106917-99 (TD 8669/
Final).
    Abstract: Section 1.441-2(b)(1) requires certain taxpayers to file 
statements on their federal income tax returns to notify the 
Commissioner of the taxpayers' election to adopt a 52-53 week taxable 
year. Section 1.442-1(b)(4) provides that certain taxpayers must 
establish books and records that clearly reflect income for the short 
period involved when changing their taxable year to a fiscal taxable 
year. Section 1.442-1(d) requires a newly married husband or wife to 
file a statement with their short period return when changing to the 
other spouse's taxable year.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 500.

    OMB Control Number: 1545-1877.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Average Area Purchase Price Safe Harbors and Nationwide 
Purchase Prices under section 143--Revenue Procedure 2004-18.
    Abstract: Revenue Procedure 2004-18 provides issuers of qualified 
mortgage bonds, as defined in section 143(a) of

[[Page 96569]]

the Internal Revenue Code, and issuers of mortgage credit certificates, 
as defined in section 25(c), with (1) nationwide average purchase 
prices for residences located in the United States, and (2) average 
area purchase price safe harbors for residences located in statistical 
areas in each state, the District of Columbia, Puerto Rico, the 
Northern Mariana Islands, American Samoa, the Virgin Islands, and Guam.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Total Annual Burden Hours: 15.

    OMB Control Number: 1545-1979.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Form 8908--Energy Efficient Home Credit.
    Form: 8908.
    Abstract: Eligible contractors will use Form 8908 to claim the 
credit for new energy efficient homes that are acquired by sale or 
lease by an individual from that contractor during the tax year for use 
as a residence.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 512,820.

    OMB Control Number: 1545-2050.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Notice 2006-109--Interim Guidance Regarding Supporting 
Organizations and Donor Advised Funds.
    Abstract: Notice 2006-109 provides interim guidance regarding 
application of new or revised requirements under sections 1231 and 
1241-1244 of the Pension Protection Act of 2006. It also provides 
interim relief from application of new excise taxes on private 
foundation grants to supporting organizations and on sponsoring 
organizations of donor advised funds.
    Affected Public: Not-for-profit institutions.
    Estimated Total Annual Burden Hours: 612,294.

    OMB Control Number: 1545-2147.
    Type of Review: Extension without change of a currently approved 
collection.
    Title: Internal Revenue Code Section 108(i) Election.
    Abstract: Public Law 111-5 (American Recovery and Reinvestment 
Act), Section 1231 requires taxpayers to attach an election statement 
to the taxpayer's tax return to obtain a tax benefit. Information on 
how to make the election and what the statement must include must be 
published as early as possible to allow taxpayers sufficient time to 
determine whether to make the election and timely prepare and file 
their tax returns.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 300,000.

Bob Faber,
Treasury PRA Clearance Officer.
[FR Doc. 2016-31707 Filed 12-29-16; 8:45 am]
 BILLING CODE 4830-01-P
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