Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request Concerning Golden Parachute Payments, 13990-13991 [2019-06902]
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13990
Federal Register / Vol. 84, No. 67 / Monday, April 8, 2019 / Notices
soliciting comments concerning Form
8594, Asset Acquisition Statement.
DATES: Written comments should be
received on or before June 7, 2019 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Laurie Brimmer, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW, Washington, DC 20224.
Requests for additional information or
copies of the regulations should be
directed to R. Joseph Durbala, at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue NW, Washington,
DC 20224, or through the internet, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Asset Acquisition Statement.
OMB Number: 1545–1021.
Regulation Project Number: Form
8594.
Abstract: Internal Revenue Code
section 1060 requires reporting to the
IRS by the buyer and seller of the total
consideration paid for assets in an
applicable asset acquisition. The
information required to be reported
includes the amount allocated to
goodwill or going concern value. Form
8594 is used to report this information.
Current Actions: There is no change to
the burden previously approved by
OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations and individuals.
Estimated Number of Respondents:
1,310.
Estimated Time per Respondent: 17
hours 29 minutes.
Estimated Total Annual Burden
Hours: 22,910.
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.
Desired Focus of Comments: The
Internal Revenue Service (IRS) is
particularly interested in comments
that:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
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17:45 Apr 05, 2019
Jkt 247001
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are to respond, including using
appropriate automated, electronic,
mechanical, or other technological
collection techniques or other forms of
information technology, e.g., by
permitting electronic submissions of
responses.
Comments submitted in response to
this notice will be summarized and/or
included in the ICR for OMB approval
of the extension of the information
collection; they will also become a
matter of public record.
Approved: April 2, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019–06908 Filed 4–5–19; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
Concerning Golden Parachute
Payments
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 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. Currently, the IRS is
soliciting comments concerning golden
parachute payments.
DATES: Written comments should be
received on or before June 7, 2019 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Laurie Brimmer, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue NW, Washington, DC 20224.
Requests for additional information or
copies of the regulations should be
directed to R. Joseph Durbala, at Internal
Revenue Service, Room 6129, 1111
Constitution Avenue NW, Washington,
SUMMARY:
PO 00000
Frm 00129
Fmt 4703
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DC 20224, or through the internet, at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Golden Parachute Payments.
OMB Number: 1545–1851.
Regulation Project Number: TD 9083.
Abstract: These regulations deny a
deduction for excess parachute
payments. A parachute payment is
payment compensation to a disqualified
individual that is contingent on a
change in ownership or control of a
corporation. Certain payments,
including payments from a small
corporation, are exempt from the
definition of parachute payment if
certain requirements are met (such as
shareholder approval and disclosure
requirements).
Current Actions: There is no change to
the burden previously approved by
OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
800.
Estimated Time per Respondent: 15
hours.
Estimated Total Annual Burden
Hours: 12,000.
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.
Desired Focus of Comments: The
Internal Revenue Service (IRS) is
particularly interested in comments
that:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
E:\FR\FM\08APN1.SGM
08APN1
Federal Register / Vol. 84, No. 67 / Monday, April 8, 2019 / Notices
are to respond, including using
appropriate automated, electronic,
mechanical, or other technological
collection techniques or other forms of
information technology, e.g., by
permitting electronic submissions of
responses.
Comments submitted in response to
this notice will be summarized and/or
included in the ICR for OMB approval
of the extension of the information
collection; they will also become a
matter of public record.
Approved: April 2, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019–06902 Filed 4–5–19; 8:45 am]
VAOPGCPREC 1–2018
BILLING CODE 4830–01–P
DEPARTMENT OF VETERANS
AFFAIRS
Summary of Precedent Opinions of the
General Counsel
Department of Veterans Affairs.
Notice.
AGENCY:
ACTION:
The Department of Veterans
Affairs (VA) is publishing a summary of
legal interpretations issued by the Office
of the General Counsel (OGC) involving
Veterans’ benefits under laws
administered by VA. These
interpretations are considered
precedential by VA and will be followed
by VA officials and employees in claim
matters involving the same legal issues.
This summary is published to provide
the public and, in particular, Veterans’
benefits claimants and their
representatives, with notice of VA’s
interpretations regarding the legal
matters at issue.
FOR FURTHER INFORMATION CONTACT:
Suzanne Hill, Law Librarian, Office of
General Counsel, 810 Vermont Avenue
NW, Washington, DC 20420, (202) 461–
7624.
SUPPLEMENTARY INFORMATION: A VA
regulation at 38 CFR 2.6(e)(8) delegates
to the General Counsel the power to
designate an opinion as precedential,
and 38 CFR 14.507(b) specifies that
precedential opinions involving
Veterans’ benefits are binding on VA
officials and employees in subsequent
matters involving the legal issue
decided in the precedent opinion. The
interpretation of the General Counsel on
legal matters, contained in such
opinions, is conclusive as to all VA
officials and employees, not only in the
matter at issue, but also in future
adjudications and appeals involving the
same legal issues, in the absence of a
change in controlling statute or
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SUMMARY:
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regulation or a superseding written legal
opinion of the General Counsel or a
judicial decision.
VA publishes summaries of such
opinions in order to provide the public
with notice of those interpretations of
the General Counsel that must be
followed in future benefit matters and to
assist Veterans’ benefits claimants and
their representatives in the prosecution
of benefit claims. The full text of such
opinions, with personal identifiers
deleted, may be obtained by contacting
the VA official named above or by
accessing the opinions on the internet at
https://www.va.gov/ogc/precedent
opinions.asp.
Jkt 247001
Question Presented: How does a
claimant’s opt-in to the Rapid Appeals
Modernization Program (RAMP) affect
an existing fee agreement?
Held: If a claimant, who is
represented by a claims agent or
attorney, withdraws his or her notice of
disagreement to opt-in to RAMP, that
withdrawal does not obstruct the
representative’s eligibility for fees. VA
does not construe the RAMP election as
returning the claimant and
representative to a period in the VA
administrative process for which fees
may not be charged or as otherwise
affecting a legal existing fee agreement.
Effective Date: August 6, 2018.
James M. Byrne,
General Counsel, Department of
Veterans Affairs.
VAOPGCPREC 1–2017
Question Presented: 1. Is obesity per
se a ‘‘disease’’ for purposes of
establishing entitlement to service
connection under 38 U.S.C. 1110 and
1131?
2. If obesity is a disease, may obesity
be considered the result of a veteran’s
willful misconduct for purposes of lineof-duty determinations under 38 U.S.C.
105(a)?
3. Is obesity per se a ‘‘disability’’ for
purposes of secondary service
connection under 38 CFR 3.310?
4. If obesity is not a disease, could it
be an ‘‘in-service event’’ from which a
service-connected disability may result?
5. If obesity is not a disease, could it
be an ‘‘intermediate step’’ between a
service-connected disability and a
current disability that may be service
connected on a secondary basis under
38 CFR 3.310(a)?
Held: 1. The longstanding policy of
VA, that obesity per se is not a disease
or injury for purposes of 38 U.S.C. 1110
and 1131 and therefore may not be
service connected on a direct basis, is
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13991
consistent with title 38, United States
Code.
2. Because obesity is not considered a
disease for purposes of 38 U.S.C. 1110
and 1131, we do not need to determine
whether it may be considered the result
of a veteran’s willful misconduct for
purposes of line-of-duty determinations
under 38 U.S.C. 105(a).
3. Obesity per se is not a ‘‘disability’’
for purposes of 38 CFR 3.310. If, in a
particular case, obesity resulting from a
service-connected disease or injury is
found to produce impairment beyond
that contemplated by the applicable
provisions of VA’s rating schedule, VA
may consider an extra-schedular rating
under 38 CFR 3.321(b)(1) for the serviceconnected condition based on that
impairment.
4. Obesity cannot qualify as an inservice event because it occurs over
time and is based on various external
and internal factors, as opposed to being
a discrete incident or occurrence, or a
series of discrete incidents or
occurrences.
5. Obesity may be an ‘‘intermediate
step’’ between a service-connected
disability and a current disability that
may be service connected on a
secondary basis under 38 CFR 3.310(a).
Effective Date: January 6, 2017.
Richard J. Hipolit,
Acting General Counsel, Department of
Veterans Affairs.
VAOPGCPREC 1–2015
Question Presented: 1. May VA pay
individuals appointed under 38 U.S.C.
7405(a)(2) on a time basis either per
hour or per annum?
2. If so, may these individuals be
granted a full-time appointment under
38 U.S.C. 7401 or 7401(3) concurrently
with an appointment under 38 U.S.C.
7405(a)(2) at the same facility without
violating or compromising 5 U.S.C. 5533
or Department conflict of interest
regulations (38 CFR, part 0)?
3. If VA is able to appoint individuals
under 38 U.S.C. 7405(a)(2) and
compensate these individuals on a timebasis, would such appointees, if retired
annuitants, be subject to a salary offset
under 5 U.S.C. 8344 or 8468?
Held: 1. VA may not pay individuals
appointed under 38 U.S.C. 7405(a)(2) on
a time basis.
2. Since the answer to the first
question is ‘‘no,’’ it is unnecessary to
respond to this question.
3. Since the answer to the first
question is ‘‘no,’’ it is unnecessary to
respond to this question.
Effective Date: February 19, 2015.
Leigh A. Bradley,
General Counsel, Department of
Veterans Affairs.
E:\FR\FM\08APN1.SGM
08APN1
]]>Agencies
[Federal Register Volume 84, Number 67 (Monday, April 8, 2019)]
[Notices]
[Pages 13990-13991]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-06902]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request Concerning Golden Parachute
Payments
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 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. Currently, the IRS is soliciting comments
concerning golden parachute payments.
DATES: Written comments should be received on or before June 7, 2019 to
be assured of consideration.
ADDRESSES: Direct all written comments to Laurie Brimmer, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue NW, Washington, DC
20224. Requests for additional information or copies of the regulations
should be directed to R. Joseph Durbala, at Internal Revenue Service,
Room 6129, 1111 Constitution Avenue NW, Washington, DC 20224, or
through the internet, at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Golden Parachute Payments.
OMB Number: 1545-1851.
Regulation Project Number: TD 9083.
Abstract: These regulations deny a deduction for excess parachute
payments. A parachute payment is payment compensation to a disqualified
individual that is contingent on a change in ownership or control of a
corporation. Certain payments, including payments from a small
corporation, are exempt from the definition of parachute payment if
certain requirements are met (such as shareholder approval and
disclosure requirements).
Current Actions: There is no change to the burden previously
approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 800.
Estimated Time per Respondent: 15 hours.
Estimated Total Annual Burden Hours: 12,000.
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.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility;
Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used;
Enhance the quality, utility, and clarity of the
information to be collected; and
Minimize the burden of the collection of information on
those who
[[Page 13991]]
are to respond, including using appropriate automated, electronic,
mechanical, or other technological collection techniques or other forms
of information technology, e.g., by permitting electronic submissions
of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: April 2, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019-06902 Filed 4-5-19; 8:45 am]
BILLING CODE 4830-01-P
