Proposed Collection; Comment Request for Compensatory Stock Options Under Section 482 (T.D. 9088), 45948-45949 [2017-21153]

Download as PDF sradovich on DSK3GMQ082PROD with NOTICES 45948 Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices Entities 1. AGRICULTURAL DEVELOPMENT BANK, Korea, North [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 2. CHEIL CREDIT BANK (a.k.a. FIRST CREDIT BANK; f.k.a. ‘‘KYONGYONG CREDIT BANK’’), 3–18 Pyongyang Information Center, Potonggang District, Pyongyang, Korea, North; Beijing, China; Shenyang, China; Shanghai, China; SWIFT/BIC KYCBKPPYXXX [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 3. HANA BANKING CORPORATION LTD, Haebangsan Hotel, Jungsong-Dong, Sungri Street, Central District, Pyongyang, Korea, North; Dandong, China; SWIFT/BIC BRBKKPPIXXX [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 4. INTERNATIONAL INDUSTRIAL DEVELOPMENT BANK, JongpyongDong, Pyong Chon District, Pyongyang, Korea, North [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 5. JINMYONG JOINT BANK, Korea, North; Dalian, China [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 6. JINSONG JOINT BANK, Korea, North [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 7. KORYO COMMERCIAL BANK LTD., Pyongyang, Korea, North; Beijing, China; Shenyang, China; SWIFT/BIC KCBKKPP1 [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 8. RYUGYONG COMMERCIAL BANK, Korea, North; Beijing, China; Dandong, China [DPRK4]. Designated pursuant to Section 1(a)(i) of Executive Order 13810 for operating in the financial services industry in North Korea. 9. CENTRAL BANK OF THE DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA, 58–1 Mansu-dong, Sungri Street, Central District, Pyongyang, Korea, North [DPRK3]. VerDate Sep<11>2014 19:01 Sep 29, 2017 Jkt 244001 Identified as meeting the definition of the Government of North Korea as set forth in Section 9(d) of Executive Order 13722 of March 15, 2016, ‘‘Blocking Property of the Government of North Korea and the Workers’ Party of Korea, and Prohibiting Certain Transactions With Respect to North Korea’’ (Executive Order 13722) because it is an agency, instrumentality, or controlled entity of the Government of North Korea. 10. FOREIGN TRADE BANK OF THE DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA (a.k.a. KOREA TRADE BANK; a.k.a. MOOYOKBANK; a.k.a. NORTH KOREA’S FOREIGN TRADE BANK), FTB Building, Jungsong-dong, Central District, Pyongyang, Korea, North; SWIFT/BIC FTBD KP PY [NPWMD] [DPRK3]. Identified as meeting the definition of the Government of North Korea as set forth in Section 9(d) of Executive Order 13722 because it is an agency, instrumentality, or controlled entity of the Government of North Korea. Dated: September 26, 2017. Michael Mosier, Acting Director, Office of Foreign Assets Control. [FR Doc. 2017–21049 Filed 9–29–17; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Compensatory Stock Options Under Section 482 (T.D. 9088) Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), 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. The IRS is soliciting comments concerning information collection requirements related to compensatory stock options under section 482. DATES: Written comments should be received on or before December 1, 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. SUMMARY: PO 00000 Frm 00154 Fmt 4703 Sfmt 4703 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: Compensatory Stock Options Under Section 482. OMB Number: 1545–1794. Regulation Project Number: T.D. 9088. Abstract: Internal Revenue Code section 482 provides guidance regarding the application of the rules of section 482 governing qualified cost sharing arrangements. These regulations provide guidance regarding the treatment of stock-based compensation for purposes of the rules governing qualified cost sharing arrangements and for purposes of the comparability factors to be considered under the comparable profits method. 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: Business or other forprofit. Estimated Number of Respondents: 500. Estimated Time per Respondent: 1 hour. Estimated Total Annual Burden Hours: 2,000. 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 E:\FR\FM\02OCN1.SGM 02OCN1 Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices 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 26, 2017. L. Brimmer, Senior Tax Analyst. [FR Doc. 2017–21153 Filed 9–29–17; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Revenue Procedure 2003– 84 Internal Revenue Service (IRS), Treasury. ACTION: Notice of information collection; request for comments. AGENCY: The Internal Revenue Service (IRS), 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. The IRS is soliciting comments concerning Revenue Procedure 2003–84, Optional election to make monthly 706(a) computations. SUMMARY: Written comments should be received on or before December 1, 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: Optional election to make monthly 706(a) computations. OMB Number: 1545–1768. Revenue Procedure Number: Revenue Procedure 2003–84. Abstract: This procedure allows certain partnerships that invest in taxexempt obligations to make an election that enables the partners to take into account monthly the inclusions required under sections 702 and 707(c) of the Code and provides rules for partnership income tax reporting under sradovich on DSK3GMQ082PROD with NOTICES DATES: VerDate Sep<11>2014 19:01 Sep 29, 2017 Jkt 244001 section 6031 for such partnerships. Rev. Proc. 2002–68 modified and superseded. Current Actions: There are no changes being made to the revenue procedure at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 1,000. Estimated Time per Respondent: 30 minutes. Estimated Total Annual Burden Hours: 500. The following paragraph applies to all 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 26, 2017. L. Brimmer, Senior Tax Analyst. [FR Doc. 2017–21152 Filed 9–29–17; 8:45 am] BILLING CODE 4830–01–P PO 00000 Frm 00155 Fmt 4703 Sfmt 4703 45949 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 Internal Revenue Service, 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. The IRS is soliciting comments concerning carryover of passive activity losses and credits and at-risk losses to bankruptcy estates of individuals. DATES: Written comments should be received on or before December 1, 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 this regulation should be directed to Sara Covington, at Internal Revenue Service, Room 6526, 1111 Constitution Ave., NW., Washington, DC 20224, or through the internet at Sara.L.Covington@irs.gov. SUPPLEMENTARY INFORMATION: Title: Carryover of Passive Activity Losses and Credits and At Risk Losses to Bankruptcy Estates for Individuals. OMB Number: 1545–1375. Regulation Project Number: T.D. 8537. Abstract: These regulations relate to the application of carryover of passive activity losses and credits and at risk losses to the bankruptcy estates of individuals. The final regulations affect individual taxpayers who file bankruptcy petitions under chapter 7 or chapter 11 of title 11 of the United States Code and have passive activity losses and credits under section 469 or losses under section 465. Current Actions: There are no changes being made to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households. Estimated Number of Respondents: 500. Estimated Time per Respondent: 12 Minutes. Estimated Total Annual Burden Hours: 100. SUMMARY: E:\FR\FM\02OCN1.SGM 02OCN1

Agencies

[Federal Register Volume 82, Number 189 (Monday, October 2, 2017)]
[Notices]
[Pages 45948-45949]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-21153]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Compensatory Stock 
Options Under Section 482 (T.D. 9088)

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

SUMMARY: The Internal Revenue Service (IRS), 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. The IRS is soliciting comments 
concerning information collection requirements related to compensatory 
stock options under section 482.

DATES: Written comments should be received on or before December 1, 
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: Compensatory Stock Options Under Section 482.
    OMB Number: 1545-1794.
    Regulation Project Number: T.D. 9088.
    Abstract: Internal Revenue Code section 482 provides guidance 
regarding the application of the rules of section 482 governing 
qualified cost sharing arrangements. These regulations provide guidance 
regarding the treatment of stock-based compensation for purposes of the 
rules governing qualified cost sharing arrangements and for purposes of 
the comparability factors to be considered under the comparable profits 
method.
    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: Business or other for-profit.
    Estimated Number of Respondents: 500.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 2,000.
    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

[[Page 45949]]

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 26, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-21153 Filed 9-29-17; 8:45 am]
 BILLING CODE 4830-01-P