Proposed Collection; Comment Request for Form 4255, 56404 [2018-24666]
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56404
Federal Register / Vol. 83, No. 219 / Tuesday, November 13, 2018 / Notices
As required by section 315 of the
FACT Act, § 1022.82 5 requires users of
consumer reports to have in place
reasonable policies and procedures that
must be followed when a user receives
a notice of address discrepancy from a
CRA.
Section 1022.82 requires each user of
consumer reports to develop and
implement reasonable policies and
procedures designed to enable the user
to form a reasonable belief that a
consumer report relates to the consumer
about whom it requested the report
when it receives a notice of address
discrepancy from a CRA. A user of
consumer reports also must develop and
implement reasonable policies and
procedures for furnishing a customer
address that the user has reasonably
confirmed to be accurate to the CRA
from which it receives a notice of
address discrepancy when the user can:
(1) Form a reasonable belief that the
consumer report relates to the consumer
about whom the user has requested the
report; (2) establish a continuing
relationship with the consumer; and (3)
establish that it regularly and in the
ordinary course of business furnishes
information to the CRA from which it
received the notice of address
discrepancy.
Type of Review: Regular.
Affected Public: Individuals;
Businesses or other for-profit.
Estimated Number of Respondents:
1,186.
Estimated Total Annual Burden:
132,007 hours.
Comments submitted in response to
this notice will be summarized,
included in the request for OMB
approval, and 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
OCC, including whether the information
has practical utility;
(b) The accuracy of the OCC’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 on respondents, including
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5 Title
X of the Dodd-Frank Wall Street Reform
and Consumer Protection Act transferred this
regulation to the BCFP. The OCC retains
enforcement authority for this regulation for
institutions with $10 billion in total assets or less.
VerDate Sep<11>2014
17:34 Nov 09, 2018
Jkt 247001
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.
Dated: November 6, 2018.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2018–24615 Filed 11–9–18; 8:45 am]
BILLING CODE P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 4255
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 information
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Recapture of Investment Credit.
DATES: Written comments should be
received on or before January 14, 2019
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 form and instructions
should be directed to Martha R. Brinson,
at (202) 317–5753, or at Internal
Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington,
DC 20224, or through the internet at
Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Recapture of Investment Credit.
OMB Number: 1545–0166.
Form Number: 4255.
Abstract: Internal Revenue Code
section 50(a) requires that a taxpayer’s
income tax be increased by the
investment credit recapture tax if the
taxpayer disposes of investment credit
SUMMARY:
PO 00000
Frm 00131
Fmt 4703
Sfmt 9990
property before the close of the
recapture period used in figuring the
original investment credit. Form 4255
provides for the computation of the
recapture tax.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations, individuals, and
farms.
Estimated Number of Respondents:
13,200.
Estimated Time per Respondent: 9
hrs. 49 min.
Estimated Total Annual Burden
Hours: 129,492.
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. Comments
will be 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 has 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 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: October 25, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018–24666 Filed 11–9–18; 8:45 am]
BILLING CODE 4830–01–P
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]]>Agencies
[Federal Register Volume 83, Number 219 (Tuesday, November 13, 2018)]
[Notices]
[Page 56404]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-24666]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 4255
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 information collections, as required by the Paperwork Reduction Act
of 1995. The IRS is soliciting comments concerning Recapture of
Investment Credit.
DATES: Written comments should be received on or before January 14,
2019 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 form and instructions should be directed to Martha R.
Brinson, at (202) 317-5753, or at Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW, Washington, DC 20224, or through the
internet at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Recapture of Investment Credit.
OMB Number: 1545-0166.
Form Number: 4255.
Abstract: Internal Revenue Code section 50(a) requires that a
taxpayer's income tax be increased by the investment credit recapture
tax if the taxpayer disposes of investment credit property before the
close of the recapture period used in figuring the original investment
credit. Form 4255 provides for the computation of the recapture tax.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals, and farms.
Estimated Number of Respondents: 13,200.
Estimated Time per Respondent: 9 hrs. 49 min.
Estimated Total Annual Burden Hours: 129,492.
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.
Comments will be 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 has
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 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: October 25, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-24666 Filed 11-9-18; 8:45 am]
BILLING CODE 4830-01-P
