Proposed Collection; Comment Request for Forms 5310 and 6088, 30222 [2018-13749]
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30222
Federal Register / Vol. 83, No. 124 / Wednesday, June 27, 2018 / Notices
Abstract: This revenue procedure
provides guidance on the process of
requesting and obtaining advance
pricing agreements from the advance
pricing agreement and mutual
agreement program (‘‘APMA’’), to
process applications, negotiate
agreements, and to verify compliance
with agreements and whether
agreements require modification.
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; individuals or households.
Estimated Number of Respondents:
390.
Estimated Time per Respondent: 27.9
hours.
Estimated Total Annual Burden
Hours: 10,900.
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: June 18, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018–13748 Filed 6–26–18; 8:45 am]
BILLING CODE 4830–01–P
VerDate Sep<11>2014
16:58 Jun 26, 2018
Jkt 244001
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Forms 5310 and 6088
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
Form 5310, Application for
Determination for Terminating Plan,
and Form 6088, Distributable Benefits
from Employee Pension Benefit Plans.
DATES: Written comments should be
received on or before August 27, 2018
to be assured of consideration.
ADDRESSES: Direct all written comments
to Laurie 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 forms and instructions
should be directed to Sara Covington, at
Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW,
Washington, DC 20224, or at (202) 317–
6038, or through the internet, at
Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Form 5310, Application for
Determination for Terminating Plan,
and Form 6088, Distributable Benefits
from Employee Pension Benefit Plans.
OMB Number: 1545–0202.
Form Number: Forms 5310 and 6088.
Abstract: Employers who have
qualified deferred compensation plans
can take an income tax deduction for
contributions to their plans. Form 5310
is used to request an IRS determination
letter about the plan’s qualification
status (qualified or non-qualified) under
Internal Revenue Code sections 401(a)
or 403(a) of a pension. Form 6088 is
used by the IRS to analyze an
application for a determination letter on
the qualification of the plan upon
termination.
Current Actions: There are no changes
being made to the forms at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
SUMMARY:
PO 00000
Frm 00128
Fmt 4703
Sfmt 4703
Estimated Number of Responses:
40,000.
Estimated Average Time per
Response: 42.96 hours.
Estimated Total Annual Burden
Hours: 1,718,300.
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: June 18, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018–13749 Filed 6–26–18; 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 Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the general public and other
SUMMARY:
E:\FR\FM\27JNN1.SGM
27JNN1
]]>Agencies
[Federal Register Volume 83, Number 124 (Wednesday, June 27, 2018)]
[Notices]
[Page 30222]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-13749]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Forms 5310 and 6088
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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
proposed and/or continuing information collections, as required by the
Paperwork Reduction Act of 1995. The IRS is soliciting comments
concerning Form 5310, Application for Determination for Terminating
Plan, and Form 6088, Distributable Benefits from Employee Pension
Benefit Plans.
DATES: Written comments should be received on or before August 27, 2018
to be assured of consideration.
ADDRESSES: Direct all written comments to Laurie 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 forms and instructions should be directed to Sara
Covington, at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or at (202) 317-6038, or through the
internet, at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Form 5310, Application for Determination for Terminating
Plan, and Form 6088, Distributable Benefits from Employee Pension
Benefit Plans.
OMB Number: 1545-0202.
Form Number: Forms 5310 and 6088.
Abstract: Employers who have qualified deferred compensation plans
can take an income tax deduction for contributions to their plans. Form
5310 is used to request an IRS determination letter about the plan's
qualification status (qualified or non-qualified) under Internal
Revenue Code sections 401(a) or 403(a) of a pension. Form 6088 is used
by the IRS to analyze an application for a determination letter on the
qualification of the plan upon termination.
Current Actions: There are no changes being made to the forms at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Responses: 40,000.
Estimated Average Time per Response: 42.96 hours.
Estimated Total Annual Burden Hours: 1,718,300.
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: June 18, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-13749 Filed 6-26-18; 8:45 am]
BILLING CODE 4830-01-P
