Proposed Collection; Comment Request for Dividend Equivalents From Sources Within the United States (TD 9734), Forms 1042, 1042-S, and 1042-T, 37952-37953 [2019-16464]
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Federal Register / Vol. 84, No. 149 / Friday, August 2, 2019 / Notices
(short and long term)? What are the
most significant factors that impact costbenefit analysis?
4. How can port stakeholders,
including port equipment and
infrastructure suppliers, manufacturers,
and maintainers, better support ports’
automation efforts and strategies to
implement other autonomous/
automated vehicles, trains, vessels,
infrastructure, and equipment?
5. How could further integration of
autonomous/automated systems and
transport impact freight flows and/or
supply chains both domestically and
globally?
6. What societal benefits if any, could
be expected to result from the adoption
of these technologies (e.g.,
environmental, safety, efficiency, or
noise reduction)? What societal
disadvantages could occur?
7. Are there best practices from
implementing past or current projects?
Are there current anticipated projects
and initiatives that could benefit from
further monitoring or support? If so,
what are the needs?
8. What are the infrastructure needs
for effectively, safely, and securely
implementing these automation
technologies? MARAD is particularly
interested in expected or anticipated
infrastructure needs, including data
infrastructure, to accommodate the
various components (i.e., vehicles,
trains, vessels, infrastructure, and
equipment) working together at ports for
the multi-modal transfer of freight. What
concerns do industry stakeholders have
regarding infrastructure planning and
investment, including funding, finance
and revenue impacts, required for new
automation technologies and how could
additional research help address those
concerns?
9. What is the potential impact of the
adoption of these automation
technologies on the existing port
industry workforce? MARAD is
interested in how automated
technologies may affect workforce
needs, including current and future port
employment demands, and employee
skills and training requirements.
10. What further research related to
autonomous/automated transportation
activities is needed to maximize U.S.
port capacity and efficiency?
11. What challenges are known or
anticipated in implementing these types
of technologies, including technological
obstacles? How should the port industry
anticipate addressing these challenges,
and what efforts are currently underway
to address them?
12. What are the regulatory or
statutory challenges that must be
addressed before autonomous vehicles,
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trains, vessels, and equipment can be
made part of port operations in the
United States?
13. Are there current regulations and/
or safety standards that impede the
development and and/or
implementation of automated
transportation systems or technologies
in the port industry, including the
development and/or implementation of
autonomous vehicles, trains, vessels,
infrastructure, and equipment? If so,
what are they and how should they be
addressed?
14. Is there safety, performance, or
other data relevant to the development
and integration of automated port
systems and technologies that currently
exists that could be voluntarily
exchanged to support the development
of future voluntary standards?
Public Participation
How do I submit comments?
Please submit your comments,
including any attachments, following
the instructions provided under the
above heading entitled ADDRESSES. Be
advised that it may take a few hours or
even days for your comment to be
reflected on the docket. In addition,
your comments must be written in
English. We encourage you to provide
concise comments. You may attach
additional documents as necessary.
There is no limit on the length of the
attachments.
Please note that even after the
comment period has closed, MARAD
will continue to file relevant
information in the Docket as it becomes
available.
Where do I go to read public comments,
and find supporting information?
Go to the docket online at https://
www.regulations.gov., keyword search
MARAD–2019–0121 or visit us in
person at the Docket Management
Facility (see ADDRESSES for hours of
operation). We recommend that you
periodically check the Docket for new
submissions and supporting material.
Will my comments be made available to
the public?
Yes. Be aware that your entire
comment, including your personal
identifying information, will be made
publicly available.
May I submit comments confidentially?
If you wish to submit comments
under a claim of confidentiality, you
should submit three copies of your
complete submission, including the
information you claim to be confidential
business information, to the Department
of Transportation, Maritime
PO 00000
Frm 00128
Fmt 4703
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Administration, Office of Legislation
and Regulations, MAR–225, W24–220,
1200 New Jersey Avenue SE,
Washington, DC 20590. Include a cover
letter setting forth with specificity the
basis for any such claim and, if possible,
a summary of your submission that can
be made available to the public.
Privacy Act
In accordance with 5 U.S.C. 553(c),
DOT/MARAD solicits comments from
the public to better inform its
rulemaking process. DOT/MARAD posts
these comments, without edit, to
www.regulations.gov, as described in
the system of records notice, DOT/ALL–
14 FDMS, accessible through
www.transportation.gov/privacy. To
facilitate comment tracking and
response, we encourage commenters to
provide their name, or the name of their
organization; however, submission of
names is completely optional. Whether
or not commenters identify themselves,
all timely comments will be fully
considered. If you wish to provide
comments containing proprietary or
confidential information, please contact
the agency for alternate submission
instructions.
(Authority: 49 CFR Sections 1.92 and 1.93)
*
*
*
*
*
Dated: July 30, 2019.
By Order of the Maritime Administrator.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2019–16595 Filed 8–1–19; 8:45 am]
BILLING CODE 4910–81–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Dividend Equivalents
From Sources Within the United States
(TD 9734), Forms 1042, 1042–S, and
1042–T
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.
Currently, the IRS is soliciting
comments concerning dividend
equivalents from sources within the
SUMMARY:
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37953
Federal Register / Vol. 84, No. 149 / Friday, August 2, 2019 / Notices
United States, Form 1042, Annual
Withholding Tax Return for U.S. Source
Income of Foreign Persons, Form 1042–
S, Foreign Person’s U.S. Source Income
Subject to Withholding, and Form
1042–T, Annual Summary and
Transmittal of Forms 1042–S.
DATES: Written comments should be
received on or before October 1, 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 LaNita Van Dyke,
at (202) 317–6009, Internal Revenue
Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or
through the internet at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: TD 9374 (Final)/Dividend
Equivalents from Sources within the
United States, Form 1042, Annual
Withholding Tax Return for U.S. Source
Income of Foreign Persons, Form 1042–
S, Foreign Person’s U.S. Source Income
Subject to Withholding, and Form
1042–T, Annual Summary and
Transmittal of Forms 1042–T.
OMB Number: 1545–0096.
Form Numbers: 1042, 1042–S, and
1042–T.
Abstract: The regulations pertain to
section 871(m) regarding dividend
equivalent payments that are treated as
U.S. source income. These regulations
provide guidance regarding when
payments made pursuant to certain
financial instruments will be treated as
U.S.-source income and subject to U.S.
withholding tax. The information
provided is necessary to permit
withholding agents to determine
whether U.S. withholding tax is due
with respect to a payment of a dividend
equivalent and the amount of the tax.
The information will also be used for
audit and examination purposes. Form
1042 is used by withholding agents to
report tax withheld at source on
payment of certain income paid to
nonresident alien individuals, foreign
partnerships, or foreign corporations.
The IRS uses this information to verify
that the correct amount of tax has been
withheld and paid to the United States.
Form 1042–S is used to report certain
income and tax withheld information to
nonresident alien payees and beneficial
owners. Form 1042–T is used by
withholding agents to transmit Forms
1042–S to the IRS.
Current Actions: There are changes to
the burden previously approved by
OMB. There are no changes to the
collection however the estimates are
being updated to eliminate double
counting associated with the business
collection.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other for
profit organizations and individuals or
households.
The burden estimate is as follows:
jbell on DSK3GLQ082PROD with NOTICES
Number of
responses
Time per
response
Total annual
burden hours
Form 1042 ...................................................................................................................................
Form 1042–S ...............................................................................................................................
Form 1042–T ...............................................................................................................................
TD 9374 .......................................................................................................................................
3,640
352,530
1,950
3,000
18.05
.58
.2
8
65,702
204,467
390
24,000
Total ......................................................................................................................................
361,120
........................
294,559
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
VerDate Sep<11>2014
18:02 Aug 01, 2019
Jkt 247001
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: July 29, 2019.
Laurie Brimmer,
Senior Tax Analyst.
ACTION:
Notice.
The Department of Veterans
Affairs, 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.
SUMMARY:
Written comments and
recommendations on the proposed
collection of information should be
received on or before October 1, 2019.
DATES:
[FR Doc. 2019–16464 Filed 8–1–19; 8:45 am]
BILLING CODE 4830–01–P
Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Michael Jacobsen, Veterans Experience
Office, Department of Veterans Affairs,
810 Vermont Avenue NW, Washington,
DC 20420 or email to
michael.jacobsen2@va.gov. Please refer
to ‘‘Clearance for A–11 Section 280
Improving Customer Experience
Information Collection’’ in any
correspondence. During the comment
ADDRESSES:
DEPARTMENT OF VETERANS
AFFAIRS
[New Collection]
Agency Information Collection
Activity: Clearance for A–11 Section
280 Improving Customer Experience
Information Collection
Veterans Experience Office,
Department of Veterans Affairs.
AGENCY:
PO 00000
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]]>Agencies
[Federal Register Volume 84, Number 149 (Friday, August 2, 2019)]
[Notices]
[Pages 37952-37953]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-16464]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Dividend Equivalents
From Sources Within the United States (TD 9734), Forms 1042, 1042-S,
and 1042-T
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. Currently, the IRS is soliciting
comments concerning dividend equivalents from sources within the
[[Page 37953]]
United States, Form 1042, Annual Withholding Tax Return for U.S. Source
Income of Foreign Persons, Form 1042-S, Foreign Person's U.S. Source
Income Subject to Withholding, and Form 1042-T, Annual Summary and
Transmittal of Forms 1042-S.
DATES: Written comments should be received on or before October 1, 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 LaNita Van
Dyke, at (202) 317-6009, Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet
at [email protected].
SUPPLEMENTARY INFORMATION:
Title: TD 9374 (Final)/Dividend Equivalents from Sources within the
United States, Form 1042, Annual Withholding Tax Return for U.S. Source
Income of Foreign Persons, Form 1042-S, Foreign Person's U.S. Source
Income Subject to Withholding, and Form 1042-T, Annual Summary and
Transmittal of Forms 1042-T.
OMB Number: 1545-0096.
Form Numbers: 1042, 1042-S, and 1042-T.
Abstract: The regulations pertain to section 871(m) regarding
dividend equivalent payments that are treated as U.S. source income.
These regulations provide guidance regarding when payments made
pursuant to certain financial instruments will be treated as U.S.-
source income and subject to U.S. withholding tax. The information
provided is necessary to permit withholding agents to determine whether
U.S. withholding tax is due with respect to a payment of a dividend
equivalent and the amount of the tax. The information will also be used
for audit and examination purposes. Form 1042 is used by withholding
agents to report tax withheld at source on payment of certain income
paid to nonresident alien individuals, foreign partnerships, or foreign
corporations. The IRS uses this information to verify that the correct
amount of tax has been withheld and paid to the United States. Form
1042-S is used to report certain income and tax withheld information to
nonresident alien payees and beneficial owners. Form 1042-T is used by
withholding agents to transmit Forms 1042-S to the IRS.
Current Actions: There are changes to the burden previously
approved by OMB. There are no changes to the collection however the
estimates are being updated to eliminate double counting associated
with the business collection.
Type of Review: Revision of a currently approved collection.
Affected Public: Business or other for profit organizations and
individuals or households.
The burden estimate is as follows:
----------------------------------------------------------------------------------------------------------------
Number of Time per Total annual
responses response burden hours
----------------------------------------------------------------------------------------------------------------
Form 1042....................................................... 3,640 18.05 65,702
Form 1042-S..................................................... 352,530 .58 204,467
Form 1042-T..................................................... 1,950 .2 390
TD 9374......................................................... 3,000 8 24,000
-----------------------------------------------
Total....................................................... 361,120 .............. 294,559
----------------------------------------------------------------------------------------------------------------
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: July 29, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-16464 Filed 8-1-19; 8:45 am]
BILLING CODE 4830-01-P
