Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request Concerning Elections for Certain Transactions Under Section 336(e), 26182-26183 [2019-11771]
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26182
Federal Register / Vol. 84, No. 108 / Wednesday, June 5, 2019 / Notices
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
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: May 30, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019–11766 Filed 6–4–19; 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 Information Reporting for
Form 8870
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
information reporting for Form 8870,
Information Return for Transfers
Associated With Certain Personal
Benefit Contracts.
DATES: Written comments should be
received on or before August 5, 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
jbell on DSK3GLQ082PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
19:03 Jun 04, 2019
Jkt 247001
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: Information Return for Transfers
Associated with Certain Personal
Benefit Contracts.
OMB Number: 1545–1702.
Regulation Project Number: Form
8870.
Abstract: Section 537 of the Ticket to
Work and Work Incentives
Improvement Act of 1999 added section
170(f)(10) to the Internal Revenue Code.
Section 170(f)(10)(F) requires an
organization to report annually: (1) Any
premiums paid after February 8, 1999,
to which section 170(f)(10) applies; (2)
the name and taxpayer identification
number (TIN) of each beneficiary under
each contact to which the premiums
related; and (3) any other information
the Secretary of the Treasury may
require. A charitable organization
described in section 170(c) or a
charitable remainder trust described in
section 664(d) that paid premiums after
February 9, 1999, or certain life
insurance, annuity, and endowment
contracts (personal benefit contracts)
must complete and file Form 8870.
Current Actions: There is no change to
the burden previously approved by
OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, Business or other for-profit
groups.
Estimated Number of Respondents:
5,000.
Estimated Time per Respondent: 14
Hours 50 minutes.
Estimated Total Annual Burden
Hours: 74,200.
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:
PO 00000
Frm 00119
Fmt 4703
Sfmt 4703
• 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
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: May 30, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019–11767 Filed 6–4–19; 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 Elections for Certain
Transactions Under Section 336(e)
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
elections for certain transactions under
section 336(e).
DATES: Written comments should be
received on or before August 5, 2019 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Laurie Brimmer, Internal Revenue
Service, Room 6129, 1111 Constitution
SUMMARY:
E:\FR\FM\05JNN1.SGM
05JNN1
jbell on DSK3GLQ082PROD with NOTICES
Federal Register / Vol. 84, No. 108 / Wednesday, June 5, 2019 / Notices
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: Elections for Certain
Transactions Under Section 336(e).
OMB Number: 1545–2125.
Regulation Project Number: TD 9619.
Abstract: This collection contains
final regulations that provide guidance
under section 336(e) of the Internal
Revenue Code (Code), which authorizes
the issuance of regulations under which
an election may be made to treat the
sale, exchange, or distribution of at least
80 percent of the voting power and
value of the stock of a corporation
(target) as a sale of all its underlying
assets. These regulations provide the
terms and conditions for making such
an election and the consequences of the
election.
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:
500.
Estimated Time per Respondent: 2
hours.
Estimated Total Annual Burden
Hours: 1,000.
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
VerDate Sep<11>2014
19:03 Jun 04, 2019
Jkt 247001
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: May 30, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019–11771 Filed 6–4–19; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
First Periodic Meeting of the U.S.
Department of the Treasury Tribal
Advisory Committee
Department of the Treasury.
Notice of meeting.
AGENCY:
ACTION:
This notice announces that
the U.S. Department of the Treasury
Tribal Advisory Committee (TTAC) will
convene for a public meeting on
Thursday, June 20, 2019, from 9:00
a.m.–4:30 p.m. Eastern Time in the Cash
Room of the Treasury Building located
at 1500 Pennsylvania Avenue NW,
Washington, DC 20220. The meeting is
open to the public, and the site is
accessible to individuals with differing
abilities.
DATES: The meeting will be held on
Thursday, June 20, 2019, from 9:00
a.m.–4:30 p.m. Eastern Time.
ADDRESSES: The meeting will be held in
the Cash Room (Room 2121) at the
Treasury Building located at 1500
Pennsylvania Avenue NW, Washington,
DC 20220. The meeting will be open to
the public. Because the meeting will be
held in a secured facility, members of
the public who plan to attend the
meeting must register online or by
telephone by 5:00 p.m. Eastern Time on
Tuesday, June 11, 2019. Attendees with
a valid email address may visit https://
www.cvent.com/d/p6qfw2 to complete a
secure online registration form. All
other attendees may contact Marie
Vazquez Lopez at (202) 622–2049 to
provide registration information.
SUMMARY:
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26183
If you require a reasonable
accommodation, please contact Andre
Faulk at Andre.Faulk@treasury.gov or
202–622–1278, or Lisa Jones at
lisa.jones@treasury.gov or 202–622–
0315. To request a sign language
interpreter, please make your request
five days prior to the event, if possible
by contacting Andre Faulk or Lisa Jones.
For all other inquiries concerning the
TTAC meeting, please contact
Tribal.Consult@treasury.gov.
FOR FURTHER INFORMATION CONTACT:
Nancy Montoya, Policy Analyst,
Department of the Treasury, 1500
Pennsylvania Avenue NW, Room
1426G, Washington, DC 20220, at (202)
622–2031 (this is not a toll-free
number). Persons who have difficulty
hearing or speaking may access this
number via TTY by calling the toll-free
Federal Relay Service at (800) 877–8339.
SUPPLEMENTARY INFORMATION:
Background
Section 3 of the Tribal General
Welfare Exclusion Act of 2014, Public
Law 113–68, 128 Stat. 1883, enacted on
September 26, 2014 (TGWEA), directs
the Secretary of the Treasury (Secretary)
to establish a seven member Tribal
Advisory Committee to advise the
Secretary on matters related to the
taxation of Indians, the training of
Internal Revenue Service field agents,
and the provision of training and
technical assistance to Native American
financial officers.
Pursuant to Section 3 of the TGWEA
and in accordance with the provisions
of the Federal Advisory Committee Act
(FACA), 5 U.S.C. App. 1 et seq., the
TTAC was established on February 10,
2015, as the ‘‘U.S. Department of the
Treasury Tribal Advisory Committee.’’
The TTAC’s Charter provides that it
shall operate under the provisions of the
FACA and shall advise and report to the
Secretary on:
(1) Matters related to the taxation of
Indians;
(2) The establishment of training and
education for internal revenue field
agents who administer and enforce
internal revenue laws with respect to
Indian tribes of Federal Indian law and
the Federal Government’s unique legal
treaty and trust relationship with Indian
tribal governments; and
(3) The establishment of training of
such internal revenue field agents, and
provisions of training and technical
assistance to tribal financial officers,
about implementation of the TGWEA
and any amendments.
First Periodic Meeting
In accordance with section 10(a)(2) of
the FACA and implementing regulations
E:\FR\FM\05JNN1.SGM
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]]>Agencies
[Federal Register Volume 84, Number 108 (Wednesday, June 5, 2019)]
[Notices]
[Pages 26182-26183]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-11771]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request Concerning Elections for Certain
Transactions Under Section 336(e)
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 elections for certain transactions under section 336(e).
DATES: Written comments should be received on or before August 5, 2019
to be assured of consideration.
ADDRESSES: Direct all written comments to Laurie Brimmer, Internal
Revenue Service, Room 6129, 1111 Constitution
[[Page 26183]]
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: Elections for Certain Transactions Under Section 336(e).
OMB Number: 1545-2125.
Regulation Project Number: TD 9619.
Abstract: This collection contains final regulations that provide
guidance under section 336(e) of the Internal Revenue Code (Code),
which authorizes the issuance of regulations under which an election
may be made to treat the sale, exchange, or distribution of at least 80
percent of the voting power and value of the stock of a corporation
(target) as a sale of all its underlying assets. These regulations
provide the terms and conditions for making such an election and the
consequences of the election.
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: 500.
Estimated Time per Respondent: 2 hours.
Estimated Total Annual Burden Hours: 1,000.
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 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: May 30, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019-11771 Filed 6-4-19; 8:45 am]
BILLING CODE 4830-01-P
