Proposed Collection; Comment Request for Form 8281, 1279 [2019-00772]

Download as PDF Federal Register / Vol. 84, No. 22 / Friday, February 1, 2019 / Notices copies of the form and instructions should be directed to Charles G. Daniel at (202) 317 5754, at Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Charles.G.Daniel@irs.gov. SUPPLEMENTARY INFORMATION: Title: Application for Security Summit Membership. OMB Number: 1545–XXXX. Form Number: 15058. Abstract: The IRS has joined with representatives of the software industry, tax preparation firms, payroll and tax financial product processors and state tax administrators to combat identity theft refund fraud to protect the nation’s taxpayers. The Security Summit consists of IRS, state tax agencies and the tax community, including tax preparation firms, software developers, payroll and tax financial product processors, tax professional organizations and financial institutions. Form 15058—Application for Security Summit Membership, is the application form for membership. This form requests the agency’s or organization’s name, address, individual representative, individual representative’s job title, email address, and telephone number. Current Actions: This is a new form. Type of Review: Approval of a new collection. Affected Public: State tax agencies and the tax community. Estimated Number of Respondents: 62. Estimated Time per Respondent: 5 minutes. Estimated Total Annual Burden Hours: 5 hours, 10 minutes. 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 if 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 VerDate Sep<11>2014 21:23 Jan 31, 2019 Jkt 247001 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: January 23, 2019. Laurie Brimmer, Senior Tax Analyst. [FR Doc. 2019–00663 Filed 1–31–19; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 8281 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 information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning Form 8281, Information Return for Publicly Offered Original Issue Discount Instructions. DATES: Written comments should be received on or before April 2, 2019 to be assured of consideration. ADDRESSES: Direct all written comments to Laurie Brimmer, Internal Revenue Service, Room 6529, 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 Charles G. Daniel at (202) 317–5754, at Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Charles.G.Daniel@irs.gov. SUPPLEMENTARY INFORMATION: Title: Information Return for Publicly Offered Original Issue Discount Instruments. SUMMARY: PO 00000 Frm 00233 Fmt 4703 Sfmt 9990 1279 OMB Number: 1545–0887. Form Number: 8281. Abstract: Internal Code section 1275(c)(2) requires the furnishing of certain information to the IRS by issuers of publicity offered debt instruments having original issue discount. Regulations section 1.1275–3 prescribes that Form 8281 shall be used for this purpose. The information on Form 8281 is used to update Publication 1212, List of Original Issue Discount Instruments. Current Actions: There are no changes being made to the form at this time. Type of Review: Extension of a previously approved collection. Affected Public: Businesses or other for-profit organizations. Estimated Number of Responses: 500. Estimated Time per Response: 6 hours, 7 minutes. Estimated Total Annual Burden Hours: 3,060 hours. 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: January 29, 2019. Laurie Brimmer, Senior Tax Analyst. [FR Doc. 2019–00772 Filed 1–31–19; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\01FEN1.SGM 01FEN1

Agencies

[Federal Register Volume 84, Number 22 (Friday, February 1, 2019)]
[Notices]
[Page 1279]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-00772]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8281

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. Currently, the IRS is soliciting comments concerning Form 8281, 
Information Return for Publicly Offered Original Issue Discount 
Instructions.

DATES: Written comments should be received on or before April 2, 2019 
to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, Room 6529, 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 Charles G. 
Daniel at (202) 317-5754, at Internal Revenue Service, Room 6529, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at Charles.G.Daniel@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Information Return for Publicly Offered Original Issue 
Discount Instruments.
    OMB Number: 1545-0887.
    Form Number: 8281.
    Abstract: Internal Code section 1275(c)(2) requires the furnishing 
of certain information to the IRS by issuers of publicity offered debt 
instruments having original issue discount. Regulations section 1.1275-
3 prescribes that Form 8281 shall be used for this purpose. The 
information on Form 8281 is used to update Publication 1212, List of 
Original Issue Discount Instruments.
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a previously approved collection.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Responses: 500.
    Estimated Time per Response: 6 hours, 7 minutes.
    Estimated Total Annual Burden Hours: 3,060 hours.
    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: January 29, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-00772 Filed 1-31-19; 8:45 am]
 BILLING CODE 4830-01-P