Proposed Collection; Comment Request for Form 8838-P, 40229-40230 [2017-17896]
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Federal Register / Vol. 82, No. 163 / Thursday, August 24, 2017 / Notices
rmajette on DSKBCKNHB2PROD with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Application for Recognition of
Exemption Under Section 501(c)(4) of
the Internal Revenue Code.
OMB Number: 1545–XXXX.
Form Number: Form 1024–A.
Abstract: Organizations seeking
exemption from Federal income tax
under Internal Revenue Code section
501(c)(4) as an organization described in
most paragraphs of section 501(c) must
use Form 1024–A to apply for
exemption. The information collected is
used to determine whether the
organization qualifies for tax-exempt
status.
Current Actions: New collection.
Type of Review: New collection.
Affected Public: Not-for-profit
institutions.
Estimated Number of Respondents:
2,500.
Estimated Time per Respondent: 19
hours, 37 minutes.
Estimated Total Annual Burden
Hours: 48,425.
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
15:29 Aug 23, 2017
Jkt 241001
40229
Approved: August 17, 2017.
L. Brimmer,
Senior Tax Analyst.
DEPARTMENT OF THE TREASURY
[FR Doc. 2017–17897 Filed 8–23–17; 8:45 am]
Proposed Collection; Comment
Request for Form 8838–P
Internal Revenue Service
BILLING CODE 4830–01–P
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of Information collection;
request for comments.
AGENCY:
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Art Advisory Panel—Notice of Closed
Meeting
Internal Revenue Service,
Treasury.
AGENCY:
Notice of closed meeting of Art
Advisory Panel.
ACTION:
Closed meeting of the Art
Advisory Panel will be held in
Washington, DC.
SUMMARY:
The meeting will be held
September 14, 2017.
DATES:
The closed meeting of the
Art Advisory Panel will be held at 999
North Capitol Street NE., Washington,
DC 20003.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Michelle A. Levitte, AP:SEPR:AAS, 290
Broadway, 11th Floor, New York, NY
10007 (212) 298–2222 (not a toll free
number).
Notice is
hereby given pursuant to section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App., that a
closed meeting of the Art Advisory
Panel will be held at 999 North Capitol
Street NE., Washington, DC 20003.
The agenda will consist of the review
and evaluation of the acceptability of
fair market value appraisals of works of
art involved in Federal income, estate,
or gift tax returns. This will involve the
discussion of material in individual tax
returns made confidential by the
provisions of 26 U.S.C. 6103.
A determination as required by
section 10(d) of the Federal Advisory
Committee Act has been made that this
meeting is concerned with matters listed
in sections 552b(c)(3), (4), (6), and (7),
of the Government in the Sunshine Act,
and that the meeting will not be open
to the public.
SUPPLEMENTARY INFORMATION:
Donna Hansberry,
Chief, Appeals.
[FR Doc. 2017–17899 Filed 8–23–17; 8:45 am]
BILLING CODE 4830–01–P
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The Internal Revenue Service
(IRS), in accordance with the Paperwork
Reduction Act of 1995 (PRA 95),
provides the general public and Federal
agencies with an opportunity to
comment on continuing collections of
information. This helps the IRS assess
the impact of its information collection
requirements and minimize the
reporting burden on the public and
helps the public understand the IRS’s
information collection requirements and
provide the requested data in the
desired format. The IRS is soliciting
comments concerning the Form 8838–P,
Consent To Extend the Time To Assess
Tax Pursuant to the Gain Deferral
Method Under Section 721(c).
DATES: Written comments should be
received on or before October 23, 2017
to be assured of consideration.
ADDRESSES: Direct all written comments
to L. Brimmer, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224.
Requests for additional information or
copies of the regulation should be
directed to Taquesha Cain, Room 6526,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
internet at Taquesha.R.Cain@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Consent To Extend the Time To
Assess Tax Pursuant to the Gain
Deferral Method (Section 721(c)).
OMB Number: 1545–1668.
Form Number: 8838–P.
Abstract: Form 8838–P is used to
extend the statute of limitations for U.S.
persons who transfers appreciated
property to partnerships with foreign
partners related to the transferor. The
form is filed when the transferor makes
a gain recognition agreement. This
agreement allows the transferor to defer
the payment of tax on the transfer. The
IRS uses Form 8838–P so that it may
assess tax against the transferor after the
expiration of the original statute of
limitations.
Current Actions: This is a new form
added to the collection and the burden
will increase from what has been
previously approved by OMB.
Type of Review: Revision of a
currently approved collection.
SUMMARY:
E:\FR\FM\24AUN1.SGM
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40230
Federal Register / Vol. 82, No. 163 / Thursday, August 24, 2017 / Notices
Affected Public: Individuals or
households, business or other for-profit
organizations.
Estimated Number of Respondents:
1,000.
Estimated Time per Respondent: 7
hour, 3 minutes.
Estimated Total Annual Burden
Hours: 7,050.
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: August 17, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017–17896 Filed 8–23–17; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
rmajette on DSKBCKNHB2PROD with NOTICES
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2017–
41 (Modifying Rev. Proc. 2015–36)
Master and Prototype and Volume
Submitter Plans (Previously Rev. Proc.
2011–49 & 2005–16)
Internal Revenue Service (IRS),
Treasury.
AGENCY:
VerDate Sep<11>2014
15:29 Aug 23, 2017
Jkt 241001
Notice of information collection;
request for comments.
ACTION:
The Internal Revenue Service
(IRS), in accordance with the Paperwork
Reduction Act of 1995 (PRA 95),
provides the general public and Federal
agencies with an opportunity to
comment on continuing collections of
information. This helps the IRS assess
the impact of its information collection
requirements and minimize the
reporting burden on the public and
helps the public understand the IRS’s
information collection requirements and
provide the requested data in the
desired format. The IRS is soliciting
comments concerning the restructure of
the current revenue procedure approach
for issuing Opinion Letters regarding the
qualification in form of Pre-approved
Plans.
SUMMARY:
Written comments should be
received on or before October 23, 2017
to be assured of consideration.
ADDRESSES: Direct all written comments
to L. Brimmer, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224.
Requests for additional information or
copies of the regulation should be
directed to Taquesha Cain, Room 6526,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
internet at Taquesha.R.Cain@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Master and Prototype and
Volume Submitter Plans.
OMB Number: 1545–1674.
Revenue Procedure Number: Revenue
Procedure 2017–41 (modifying Rev.
Proc. 2015–36) (previously Rev. Proc.
2011–49 & 2005–16).
Abstract: This revenue procedure
modifies Rev. Proc. 2015–36 and sets
forth the procedures for the merger of
the master and prototype (M&P)
program with the volume submitter (VS)
plan. This revenue procedure requires
employers adopting pre-approved plans
to complete and sign new signature
pages or new adoption agreements, as
applicable, in order to restate their plans
for recent changes in the law. This
revenue procedure require sponsors of
pre-approved plans to furnish copies of
their plans to the Service’s Employee
Plans Determinations office, maintain
records of employers that have adopted
their plans, prepare and communicate
any necessary interim amendments to
adopting employers, make reasonable
and diligent efforts to ensure that
employers restate their plans when
necessary, and notify employers if the
sponsor concludes that employers’
plans are no longer qualified. provides
that mass submitters must keep records
DATES:
PO 00000
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Fmt 4703
Sfmt 9990
of their user fees. This allows mass
submitters to certify to the number of
other practitioners seeking approval of
the identical pre-approved plan. In
addition mass submitters must prepare
and communicate any necessary interim
amendments to the word for word
identical adopters.
Current Actions: There is no change
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations, not-for-profit institutions,
farms, and state, local, or tribal
governments.
Estimated Number of Respondents:
321,500.
Estimated Time per Respondent: 3
hour, 27 minutes.
Estimated Total Annual Burden
Hours: 1,108,225.
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: August 9, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017–17898 Filed 8–23–17; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\24AUN1.SGM
24AUN1
]]>Agencies
[Federal Register Volume 82, Number 163 (Thursday, August 24, 2017)]
[Notices]
[Pages 40229-40230]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-17896]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8838-P
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of Information collection; request for comments.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service (IRS), in accordance with the
Paperwork Reduction Act of 1995 (PRA 95), provides the general public
and Federal agencies with an opportunity to comment on continuing
collections of information. This helps the IRS assess the impact of its
information collection requirements and minimize the reporting burden
on the public and helps the public understand the IRS's information
collection requirements and provide the requested data in the desired
format. The IRS is soliciting comments concerning the Form 8838-P,
Consent To Extend the Time To Assess Tax Pursuant to the Gain Deferral
Method Under Section 721(c).
DATES: Written comments should be received on or before October 23,
2017 to be assured of consideration.
ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224.
Requests for additional information or copies of the regulation
should be directed to Taquesha Cain, Room 6526, 1111 Constitution
Avenue NW., Washington, DC 20224, or through the internet at
Taquesha.R.Cain@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Consent To Extend the Time To Assess Tax Pursuant to the
Gain Deferral Method (Section 721(c)).
OMB Number: 1545-1668.
Form Number: 8838-P.
Abstract: Form 8838-P is used to extend the statute of limitations
for U.S. persons who transfers appreciated property to partnerships
with foreign partners related to the transferor. The form is filed when
the transferor makes a gain recognition agreement. This agreement
allows the transferor to defer the payment of tax on the transfer. The
IRS uses Form 8838-P so that it may assess tax against the transferor
after the expiration of the original statute of limitations.
Current Actions: This is a new form added to the collection and the
burden will increase from what has been previously approved by OMB.
Type of Review: Revision of a currently approved collection.
[[Page 40230]]
Affected Public: Individuals or households, business or other for-
profit organizations.
Estimated Number of Respondents: 1,000.
Estimated Time per Respondent: 7 hour, 3 minutes.
Estimated Total Annual Burden Hours: 7,050.
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: August 17, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-17896 Filed 8-23-17; 8:45 am]
BILLING CODE 4830-01-P
