Proposed Collection; Comment Request for Regulation Project, 57528-57529 [2017-26175]

Download as PDF 57528 Federal Register / Vol. 82, No. 232 / Tuesday, December 5, 2017 / Notices sradovich on DSK3GMQ082PROD with NOTICES Approved: November 28, 2017. L. Brimmer, Senior Tax Analyst. Current Actions: There are no changes to this existing regulation. Type of Review: Extension of currently approved collection. [FR Doc. 2017–26174 Filed 12–4–17; 8:45 am] Affected Public: Business or other forBILLING CODE 4830–01–P profit. Estimated Number of Responses: DEPARTMENT OF THE TREASURY 3,000,000. Estimated Time per Response: .13 Internal Revenue Service hours. Estimated Total Annual Burden: Proposed Collection; Comment 385,000. Request for Regulation Project The following paragraph applies to all of the collections of information covered AGENCY: Internal Revenue Service (IRS), by this notice: Treasury. An agency may not conduct or ACTION: Notice and request for sponsor, and a person is not required to comments. respond to, a collection of information SUMMARY: The Internal Revenue Service, unless the collection of information as part of its continuing effort to reduce displays a valid OMB control number. paperwork and respondent burden, Books or records relating to a collection invites the general public and other of information must be retained as long Federal agencies to take this as their contents may become material opportunity to comment on proposed in the administration of any internal and/or continuing information revenue law. Generally, tax returns and collections, as required by the tax return information are confidential, Paperwork Reduction Act of 1995. The as required by 26 U.S.C. 6103. IRS is soliciting comments concerning Request for Comments: Comments collection requirements related to submitted in response to this notice will disclosure of relative values of optional be summarized and/or included in the forms of benefit. request for OMB approval. All comments will become a matter of DATES: Written comments should be public record. received on or before February 5, 2018 Comments are invited on: (a) Whether to be assured of consideration. the collection of information is ADDRESSES: Direct all written comments necessary for the proper performance of to L. Brimmer, Internal Revenue the functions of the agency, including Service, Room 6526, 1111 Constitution whether the information shall have Avenue NW., Washington, DC 20224. practical utility; (b) the accuracy of the FOR FURTHER INFORMATION CONTACT: agency’s estimate of the burden of the Requests for additional information or collection of information; (c) ways to copies of the regulations should be enhance the quality, utility, and clarity directed to Sara Covington, (202) 317 of the information to be collected; (d) 6038, at Internal Revenue Service, Room ways to minimize the burden of the 6526, 1111 Constitution Avenue NW., collection of information on Washington, DC 20224, or through the respondents, including through the use internet at Sara.L.Covington@irs.gov. of automated collection techniques or SUPPLEMENTARY INFORMATION: other forms of information technology; Title: Disclosure of Relative Values of and (e) estimates of capital or start-up Optional Forms of Benefit. costs and costs of operation, OMB Number: 1545–0928. maintenance, and purchase of services Regulation Project Number: T.D. 9099. to provide information. Abstract: This document contains Approved: November 28, 2017. final regulations that consolidate the L. Brimmer, content requirements applicable to Senior Tax Analyst. explanations of qualified joint and [FR Doc. 2017–26178 Filed 12–4–17; 8:45 am] survivor annuities and qualified BILLING CODE 4830–01–P preretirement survivor annuities payable under certain retirement plans, and specify requirements for disclosing DEPARTMENT OF THE TREASURY the relative value of optional forms of benefit that are payable from certain Internal Revenue Service retirement plans in lieu of a qualified joint and survivor annuity. These Proposed Collection; Comment regulations affect plan sponsors and Request for Regulation Project administrators, and participants in and beneficiaries of, certain retirement AGENCY: Internal Revenue Service (IRS), plans. Treasury. VerDate Sep<11>2014 18:13 Dec 04, 2017 Jkt 244001 PO 00000 Frm 00106 Fmt 4703 Sfmt 4703 Notice and request for comments. ACTION: 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 information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning information collection requirements related to certain asset transfers to a tax exempt entity. DATES: Written comments should be received on or before February 5, 2018 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. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the regulation should be directed to Sara Covington, (202) 317 6038, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at Sara.L.Covington@irs.gov. SUPPLEMENTARY INFORMATION: Title: Certain Asset Transfers to a TaxExempt Entity. OMB Number: 1545–1633. Regulation Project Number: T.D. 8802. Abstract: The written representation requested from a tax-exempt entity in regulations section 1.337(d)–4(b)(1)(A) concerns its plans to use assets received from a taxable corporation in a taxable unrelated trade or business. The taxable corporation is not taxable on gain if the assets are used in a taxable unrelated trade or business. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Not-for-profit institutions, business or other for-profit organizations. Estimated Number of Respondents: 25. Estimated Time per Respondent: 5 hrs. Estimated Total Annual Burden Hours: 125. 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 SUMMARY: E:\FR\FM\05DEN1.SGM 05DEN1 Federal Register / Vol. 82, No. 232 / Tuesday, December 5, 2017 / Notices 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: November 28, 2017. L. Brimmer, Senior Tax Analyst. [FR Doc. 2017–26175 Filed 12–4–17; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 720X 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, sradovich on DSK3GMQ082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:13 Dec 04, 2017 Jkt 244001 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 Form 720X, Amended Quarterly Federal Excise Tax Return. DATES: Written comments should be received on or before February 5, 2018 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. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Sara Covington, (202) 317–6038, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at Sara.L.Covington@irs.gov. SUPPLEMENTARY INFORMATION: Title: Amended Quarterly Federal Excise Tax Return. OMB Number: 1545–1759. Form Number: 720X. Abstract: Form 720X is used to make adjustments to liability reported on forms 720 you have filed for previous quarters. It can be filed by itself or it can be attached to any subsequent Form 720. Code section 6416(d) allows taxpayers to take a credit on a subsequent return rather than filing a refund claim. The creation of Form 720X is to provide a uniform standard for trust fund accounting. Current Actions: There are no changes being made to Form 720X at this time. Type of Review: Extension of a currently approved collection. Affected Public: Businesses or other for-profit organizations. Estimated Number of Responses: 22,000. PO 00000 Frm 00107 Fmt 4703 Sfmt 9990 57529 Estimated Time per Response: 6 hrs, 56 minutes. Estimated Total Annual Burden Hours: 152,460. 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: November 28, 2017. L. Brimmer, Senior Tax Analyst. [FR Doc. 2017–26177 Filed 12–4–17; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\05DEN1.SGM 05DEN1

Agencies

[Federal Register Volume 82, Number 232 (Tuesday, December 5, 2017)]
[Notices]
[Pages 57528-57529]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-26175]


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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.

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SUMMARY: 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 
information collections, as required by the Paperwork Reduction Act of 
1995. The IRS is soliciting comments concerning information collection 
requirements related to certain asset transfers to a tax exempt entity.

DATES: Written comments should be received on or before February 5, 
2018 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.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulation should be directed to Sara Covington, (202) 
317 6038, Internal Revenue Service, Room 6526, 1111 Constitution Avenue 
NW., Washington, DC 20224, or through the Internet at 
Sara.L.Covington@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Certain Asset Transfers to a Tax-Exempt Entity.
    OMB Number: 1545-1633.
    Regulation Project Number: T.D. 8802.
    Abstract: The written representation requested from a tax-exempt 
entity in regulations section 1.337(d)-4(b)(1)(A) concerns its plans to 
use assets received from a taxable corporation in a taxable unrelated 
trade or business. The taxable corporation is not taxable on gain if 
the assets are used in a taxable unrelated trade or business.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Not-for-profit institutions, business or other 
for-profit organizations.
    Estimated Number of Respondents: 25.
    Estimated Time per Respondent: 5 hrs.
    Estimated Total Annual Burden Hours: 125.
    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

[[Page 57529]]

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: November 28, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-26175 Filed 12-4-17; 8:45 am]
 BILLING CODE 4830-01-P