Proposed Collection; Comment Request for Regulation Project, 8487-8488 [2017-01578]
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Federal Register / Vol. 82, No. 15 / Wednesday, January 25, 2017 / Notices
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: January 3, 2017.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2017–01579 Filed 1–24–17; 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:
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 S
Corporation Guidance under AJCA of
2004.
mstockstill on DSK3G9T082PROD with NOTICES
SUMMARY:
Written comments should be
received on or before March 27, 2017 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Tuawana Pinkston, Revenue Service,
DATES:
VerDate Sep<11>2014
20:29 Jan 24, 2017
Jkt 241001
Room 6526, 1111 Constitution Avenue
NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Tuawana Pinkston 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: S Corporation Guidance Under
AJCA of 2004 and GOZA of 2005.
OMB Number: 1545–2114.
Regulation Project Number: TD 9422.
Abstract: Final regulations provide
guidance regarding certain changes
made to the rules governing S
corporations under the American Jobs
Creation Act of 2004 and the Gulf
Opportunity Zone Act of 2005. The final
regulations replace obsolete references
in the current regulations and allow
taxpayers to make proper use of the
provisions that made changes to prior
law. The final regulations include
guidance on the S corporation family
shareholder rules, the definitions of
‘‘powers of appointment’’ and
‘‘potential current beneficiaries’’ (PCBs)
with regard to electing small business
trusts (ESBTs),the allowance of
suspended losses to the spouse or
former spouse of an S corporation
shareholder, and relief for inadvertently
terminated or invalid qualified
subchapter S subsidiary (QSub)
elections. The final regulations affect S
corporations and their shareholders.
The collection of information is
required by § 1.1361–1(m)(2)(ii)(A) of
these final regulations. This information
is required to enable the IRS to verify
whether the corporation is an eligible S
corporation.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of OMB
approval.
Affected Public: Individuals or
households, business or other for-profit
& not-for-profit institutions.
Estimated Total Annual Reporting
Burden: 26,000.
Estimated Average Annual Burden: 1
hour.
Estimated Number of Respondents:
26,000.
The reporting burden contained in
§ 301.6501(c)–1(f) is reflected in the
burden for Form 709, U.S. Gift (and
Generation-Skipping Transfer) Tax
Return.
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
PO 00000
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Fmt 4703
Sfmt 4703
8487
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: January 5, 2017.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2017–01577 Filed 1–24–17; 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:
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
residence of trusts and estates—7701.
DATES: Written comments should be
received on or before March 27, 2017 to
be assured of consideration.
SUMMARY:
E:\FR\FM\25JAN1.SGM
25JAN1
8488
Federal Register / Vol. 82, No. 15 / Wednesday, January 25, 2017 / Notices
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 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: Residence of Trusts and
Estates—7701.
OMB Number: 1545–1600.
Regulation Project Number: TD 8813.
Abstract: This regulation provides the
procedures and requirements for making
the election to remain a domestic trust
in accordance with section 1161 of the
Taxpayer Relief Act of 1997. The
information submitted by taxpayers will
be used by the IRS to determine if a
trust is a domestic trust or a foreign
trust.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of the
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
222.
Estimated Time per Respondent: 31
minutes.
Estimated Total Annual Burden
Hours: 114.
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
mstockstill on DSK3G9T082PROD with NOTICES
ADDRESSES:
VerDate Sep<11>2014
20:29 Jan 24, 2017
Jkt 241001
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: January 4, 2017.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2017–01578 Filed 1–24–17; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
UNITED STATES TRADE
REPRESENTATIVE
Notice of Availability of Bilateral
Agreement Between the European
Union and the United States of
America on Prudential Measures
Regarding Insurance and Reinsurance
Department of the Treasury,
Departmental Offices; United States
Trade Representative, Services and
Investment.
ACTION: Notice of Availability; Final
Legal Text of Bilateral Agreement
between the European Union and the
United States of America on Prudential
Measures Regarding Insurance and
Reinsurance (Covered Agreement).
AGENCY:
By this Notice, the Federal
Insurance Office of the Department of
the Treasury (FIO) and the United States
Trade Representative (USTR) announce
the availability of the final legal text of
a Covered Agreement entered into
between the United States and the
European Union regarding certain
prudential measures with respect to
insurance and reinsurance.
ADDRESSES: The Covered Agreement
text is available on Treasury’s Web site
at https://www.treasury.gov/initiatives/
fio/reports-and-notices/Pages/
default.aspx.
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Treasury: Philip J. Goodman, Senior
Insurance Regulatory Policy Analyst,
Federal Insurance Office, (202) 622–
1170; Daniel P. McCarty, Policy
Advisor, Federal Insurance Office, (202)
622–5892.
USTR: Sarah C. Ellerman, Director,
Services & Investment, (202) 395–9556.
SUPPLEMENTARY INFORMATION: Pursuant
to 31 U.S.C. 313–314, the Federal
Insurance Office Act of 2010 (FIO Act)
authorizes the Secretary of the Treasury
(Treasury) and the USTR jointly to
negotiate a covered agreement with one
PO 00000
Frm 00093
Fmt 4703
Sfmt 4703
or more foreign governments,
authorities, or regulatory entities. A
covered agreement is a ‘‘written bilateral
or multilateral agreement regarding
prudential measures with respect to the
business of insurance or reinsurance
. . . .’’
The FIO Act provides that a covered
agreement may enter into force only if
Treasury and USTR jointly submit to the
Financial Services and Ways and Means
Committees of the House of
Representatives and the Banking,
Housing, and Urban Affairs and Finance
Committees of the Senate a copy of the
final legal text of the agreement on a day
in which both Houses of Congress are in
session and a period of ninety calendar
days beginning on the date of
submission has expired. On January 13,
2017, Treasury and USTR submitted a
copy of the final legal text of the
Covered Agreement to these four
committees.
Text of the Covered Agreement is
available in its entirety on Treasury’s
Web site at https://www.treasury.gov/
initiatives/fio/reports-and-notices/
Pages/default.aspx.
Michael T. McRaith,
Director, Federal Insurance Office, U.S.
Department of the Treasury.
Sarah C. Ellerman,
Director, Services & Investment, Office of the
United States Trade Representative.
[FR Doc. 2017–01638 Filed 1–24–17; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF VETERANS
AFFAIRS
Advisory Committee on Structural
Safety of Department of Veterans
Affairs Facilities, Notice of Meeting
The Department of Veterans Affairs
(VA) gives notice under the Federal
Advisory Committee Act (5 U.S.C. App.
2) that a meeting of the Advisory
Committee on Structural Safety of
Department of Veterans Affairs
Facilities will be held on February 22–
23, 2017, in Room 6W.306, 425 I Street
NW., Washington, DC. On February 22,
the session will begin at 9:00 a.m. and
end at 5:00 p.m.; and on February 23,
the session will start at 9:00 a.m. and
adjourn at 1:00 p.m. The meeting is
open to the public.
The purpose of the Committee is to
advise the Secretary of Veterans Affairs
on matters of structural safety in the
construction and remodeling of VA
facilities and to recommend standards
for use by VA in the construction and
alteration of its facilities.
E:\FR\FM\25JAN1.SGM
25JAN1
]]>Agencies
[Federal Register Volume 82, Number 15 (Wednesday, January 25, 2017)]
[Notices]
[Pages 8487-8488]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-01578]
-----------------------------------------------------------------------
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.
-----------------------------------------------------------------------
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
residence of trusts and estates--7701.
DATES: Written comments should be received on or before March 27, 2017
to be assured of consideration.
[[Page 8488]]
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 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: Residence of Trusts and Estates--7701.
OMB Number: 1545-1600.
Regulation Project Number: TD 8813.
Abstract: This regulation provides the procedures and requirements
for making the election to remain a domestic trust in accordance with
section 1161 of the Taxpayer Relief Act of 1997. The information
submitted by taxpayers will be used by the IRS to determine if a trust
is a domestic trust or a foreign trust.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of the currently approved collection.
Affected Public: Individuals or households.
Estimated Number of Respondents: 222.
Estimated Time per Respondent: 31 minutes.
Estimated Total Annual Burden Hours: 114.
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: January 4, 2017.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2017-01578 Filed 1-24-17; 8:45 am]
BILLING CODE 4830-01-P
