Proposed Collection; Comment Request for Form 1099-NEC; Correction, 38104-38105 [2019-16604]

Download as PDF jspears on DSK3GMQ082PROD with NOTICES 38104 Federal Register / Vol. 84, No. 150 / Monday, August 5, 2019 / Notices E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, SAAB MORAN, Alex Nain, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 3. GROUP GRAND LIMITED GENERAL TRADING, Dubai, United Arab Emirates [VENEZUELA–EO13850] (Linked To: SAAB MORAN, Alex Nain). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, SAAB MORAN, Alex Nain, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 4. SILVER BAY PARTNERS FZE, Manara Industrial Zone, Ras Al Khaimah Economic Zone, Ras Al Khaimah, United Arab Emirates; Flexi Office, Business Center, Rakez Business Zone, Ras Al Khaimah, United Arab Emirates [VENEZUELA–EO13850]. Designated pursuant to section 1(a)(ii) of E.O. 13850, as amended by E.O. 13857, for being responsible for or complicit in, or having directly or indirectly engaged in, any transaction or series of transactions involving deceptive practices or corruption and the Government of Venezuela or projects or programs administered by the Government of Venezuela, or for being an immediate adult family member of such a person. 5. C I FONDO GLOBAL DE ALIMENTOS LTDA, Calle 128 B 78 90, Bogota, DC 1103, Colombia; NIT # 9002234401 (Colombia) [VENEZUELA– EO13850] (Linked To: RUBIO GONZALEZ, Emmanuel Enrique). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, RUBIO GONZALEZ, Emmanuel Enrique, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 6. EMMR & CIA. S.A.S. (a.k.a. EMMR AND CIA. S.A.S.; a.k.a. EMMR Y CIA. S.A.S.; a.k.a. EMMR Y COMPANIA S A S), Calle 79 42 318, Barranquilla, Atlantico, Colombia; NIT # 9005964804 (Colombia) [VENEZUELA–EO13850] (Linked To: RUBIO GONZALEZ, Emmanuel Enrique). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or VerDate Sep<11>2014 18:42 Aug 02, 2019 Jkt 247001 purported to act for or on behalf of, directly or indirectly, RUBIO GONZALEZ, Emmanuel Enrique, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 7. GLOBAL STRUCTURE, S.A., Panama City, Panama; Folio Mercantil No. 844394 (Panama) [VENEZUELA– EO13850] (Linked To: RUBIO GONZALEZ, Emmanuel Enrique). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, RUBIO GONZALEZ, Emmanuel Enrique, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 8. GROUP GRAND LIMITED, S.A. DE C.V. (a.k.a. GROUP GRAND LIMITED), Mexico City, Mexico; Folio Mercantil No. N–2017034206 (Mexico) [VENEZUELA–EO13850] (Linked To: RUBIO GONZALEZ, Emmanuel Enrique). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, RUBIO GONZALEZ, Emmanuel Enrique, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 9. MULTITEX INTERNATIONAL TRADING, S.A., Panama City, Panama; Folio Mercantil No. 844396 (Panama) [VENEZUELA–EO13850] (Linked To: RUBIO GONZALEZ, Emmanuel Enrique). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, RUBIO GONZALEZ, Emmanuel Enrique, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 10. MULBERRY PROJE YATIRIM ANONIM SIRKETI (a.k.a. MULBERRY PROJE YATIRIM; a.k.a. MULBERRY PROJE YATIRIM A.S.), Istanbul, Turkey; Cihannuma Mah. Dortyuzlucesme Sk. Gunes, Apt. 2/6, Besiktas, Istanbul, Turkey [VENEZUELA–EO13850]. Designated pursuant to section 1(a)(ii) of E.O. 13850, as amended by E.O. 13857, for being responsible for or complicit in, or having directly or indirectly engaged in, any transaction or series of transactions involving deceptive practices or corruption and the Government of Venezuela or PO 00000 Frm 00119 Fmt 4703 Sfmt 4703 projects or programs administered by the Government of Venezuela, or for being an immediate adult family member of such a person. 11. SEAFIRE FOUNDATION, Panama City, Panama; Identification Number 56437 (Panama) [VENEZUELA– EO13850] (Linked To: SAAB MORAN, Alex Nain). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, SAAB MORAN, Alex Nain, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 12. SUN PROPERTIES LLC, DE, United States; 801 South Miami Ave, Unit PH5803, Miami, FL, United States; File Number 6096108 (United States) [VENEZUELA–EO13850] (Linked To: RUBIO GONZALEZ, Emmanuel Enrique). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, RUBIO GONZALEZ, Emmanuel Enrique, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. 13. CLIO MANAGEMENT CORP., Panama; Folio Mercantil No. 724213 (Panama) [VENEZUELA–EO13850] (Linked To: PULIDO VARGAS, Alvaro Enrique). Designated pursuant to section 1(a)(iv) of E.O. 13850, as amended by E.O. 13857, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, PULIDO VARGAS, Alvaro Enrique, a person whose property and interests in property are blocked pursuant to E.O. 13850, as amended by E.O. 13857. Dated: July 31, 2019. Andrea Gacki, Director, Office of Foreign Assets Control. [FR Doc. 2019–16646 Filed 8–2–19; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1099–NEC; Correction Internal Revenue Service (IRS), Treasury. AGENCY: E:\FR\FM\05AUN1.SGM 05AUN1 Federal Register / Vol. 84, No. 150 / Monday, August 5, 2019 / Notices Notice and request for comments; correction. ACTION: 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 Form 1099–NEC, Nonemployee Compensation. This notice was previously published with an erroneous phone number. That phone number is corrected in the FOR SUMMARY: FURTHER INFORMATION CONTACT paragraph. Written comments should be received on or before October 4, 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 Dionne McLeod, at (267) 941–6267, Internal Revenue Service, Room 3256, 600 Arch Street, Philadelphia, PA 19106. or through the internet at Dionne.a.McLeod@irs.gov. SUPPLEMENTARY INFORMATION: Title: Nonemployee Compensation. OMB Number: 1545–0116. Form Number: 1099–NEC. Abstract: Form 1099–NEC is used to report payments made in the course of jspears on DSK3GMQ082PROD with NOTICES DATES: VerDate Sep<11>2014 18:42 Aug 02, 2019 Jkt 247001 a trade or business for services performed by someone who is not an employee, cash payments for fish and withholding of federal income tax under the backup withholding rules. Current Actions: The PATH Act accelerated the due date for filing of Form 1099 that include nonemployee compensation (NEC) from February 28 to January 31, and eliminated the automatic 30-day extension for forms that include NEC. Continuing to include NEC on Form 1099–MISC will increase the submission burden on taxpayers because they will have to separate those forms with NEC from those without. It also requires analysis of Forms 1099– MISC by the IRS to be able to determine the proper due date and apply late filing penalties appropriately. To alleviate the burden and eliminate confusion regarding due dates, IRS reinstated Form 1099–NEC. There will be a change in the paperwork burden previously approved by OMB. Type of Review: Reinstatement of a previously approved information collection. Affected Public: Individuals, business or other for-profit organizations, not forprofit institutions, farms and Federal, state, local or tribal governments. Estimated Number of Respondents: 70,802,480. Estimated Time per Respondent: 5 minutes. Estimated Total Annual Burden Hours: 5,900,206. The following paragraph applies to all of the collections of information covered by this notice: PO 00000 Frm 00120 Fmt 4703 Sfmt 9990 38105 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 30, 2019. Laurie Brimmer, Senior Tax Analyst. [FR Doc. 2019–16604 Filed 8–2–19; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\05AUN1.SGM 05AUN1

Agencies

[Federal Register Volume 84, Number 150 (Monday, August 5, 2019)]
[Notices]
[Pages 38104-38105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-16604]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1099-NEC; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

[[Page 38105]]


ACTION: Notice and request for comments; correction.

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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 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995. Currently, the IRS is soliciting 
comments concerning Form 1099-NEC, Nonemployee Compensation. This 
notice was previously published with an erroneous phone number. That 
phone number is corrected in the FOR FURTHER INFORMATION CONTACT 
paragraph.

DATES: Written comments should be received on or before October 4, 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 Dionne 
McLeod, at (267) 941-6267, Internal Revenue Service, Room 3256, 600 
Arch Street, Philadelphia, PA 19106. or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Nonemployee Compensation.
    OMB Number: 1545-0116.
    Form Number: 1099-NEC.
    Abstract: Form 1099-NEC is used to report payments made in the 
course of a trade or business for services performed by someone who is 
not an employee, cash payments for fish and withholding of federal 
income tax under the backup withholding rules.
    Current Actions: The PATH Act accelerated the due date for filing 
of Form 1099 that include nonemployee compensation (NEC) from February 
28 to January 31, and eliminated the automatic 30-day extension for 
forms that include NEC. Continuing to include NEC on Form 1099-MISC 
will increase the submission burden on taxpayers because they will have 
to separate those forms with NEC from those without. It also requires 
analysis of Forms 1099-MISC by the IRS to be able to determine the 
proper due date and apply late filing penalties appropriately. To 
alleviate the burden and eliminate confusion regarding due dates, IRS 
reinstated Form 1099-NEC. There will be a change in the paperwork 
burden previously approved by OMB.
    Type of Review: Reinstatement of a previously approved information 
collection.
    Affected Public: Individuals, business or other for-profit 
organizations, not for-profit institutions, farms and Federal, state, 
local or tribal governments.
    Estimated Number of Respondents: 70,802,480.
    Estimated Time per Respondent: 5 minutes.
    Estimated Total Annual Burden Hours: 5,900,206.
    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 30, 2019.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2019-16604 Filed 8-2-19; 8:45 am]
 BILLING CODE 4830-01-P