Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Disclosure Requirements With Respect to Prohibited Tax Shelter Transactions, 50100-50101 [2019-20641]
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Federal Register / Vol. 84, No. 185 / Tuesday, September 24, 2019 / Notices
Additionally, please send a copy of
your comments by mail to: OCC Desk
Officer, 1557–0266, U.S. Office of
Management and Budget, 725 17th
Street NW, #10235, Washington, DC
20503 or by email to oira_submission@
omb.eop.gov.
You may review comments and other
related materials that pertain to this
information collection 1 following the
close of the 30-day comment period for
this notice by any of the following
methods:
• Viewing Comments Electronically:
Go to www.reginfo.gov. Click on the
‘‘Information Collection Review’’ tab.
Underneath the ‘‘Currently under
Review’’ section heading, from the dropdown menu select ‘‘Department of
Treasury’’ and then click ‘‘submit.’’ This
information collection can be located by
searching by OMB control number
‘‘1557–0266’’ or ‘‘General Reporting and
Recordkeeping Requirements by Savings
Associations.’’ Upon finding the
appropriate information collection, click
on the related ‘‘ICR Reference Number.’’
On the next screen, select ‘‘View
Supporting Statement and Other
Documents’’ and then click on the link
to any comment listed at the bottom of
the screen.
• For assistance in navigating
www.reginfo.gov, please contact the
Regulatory Information Service Center
at (202) 482–7340.
• Viewing Comments Personally: You
may personally inspect comments at the
OCC, 400 7th Street SW, Washington,
DC. For security reasons, the OCC
requires that visitors make an
appointment to inspect comments. You
may do so by calling (202) 649–6700 or,
for persons who are deaf or hearing
impaired, TTY, (202) 649–5597. Upon
arrival, visitors will be required to
present valid government-issued photo
identification and submit to security
screening in order to inspect comments.
FOR FURTHER INFORMATION CONTACT:
Shaquita Merritt, (202) 649–5490 or, for
persons who are deaf or hard of hearing,
TTY, (202) 649–5597, Chief Counsel’s
Office, Office of the Comptroller of the
Currency, 400 7th Street SW,
Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the
PRA (44 U.S.C. 3501 et seq.), federal
agencies must obtain approval from the
OMB for each collection of information
that they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include agency requests or
requirements that members of the public
submit reports, keep records, or disclose
1 On July 15, 2019, the OCC published a 60-day
notice for this information collection, 84 FR 33810.
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information to a third party. The OCC
asks that OMB extend its approval of
this information collection.
Title: General Reporting and
Recordkeeping Requirements by Savings
Associations.
OMB Control No.: 1557–0266.
Type of Review: Regular review.
Description: This information
collection relates to reports and records
required by the following regulations:
• 12 CFR 144.8 (communications
between members of a federal mutual
savings association);
• 12 CFR 163.47(e) (pension plan
records); and
• 12 CFR 163.76(c) (offers and sales of
securities of a federal savings
association or its affiliates in any office
of the savings association—form of
certification).
Federal savings associations use the
reports and records that the regulations
require for internal management control
purposes, and examiners use them to
determine whether savings associations
are being operated safely, soundly, and
in compliance with regulations. An
absence of the reporting and
recordkeeping requirements would
make it difficult for institutions to
establish prudent internal controls and
would limit the ability of examiners to
determine the accurate performance and
condition of federal savings
associations.
Affected Public: Businesses or other
for-profit.
Burden Estimates:
Estimated Number of Respondents:
305.
Estimated Total Burden: 30,733
hours.
Frequency of Response: On occasion.
Comments: On July 15, 2019, the OCC
issued a notice for 60 days of comment
concerning this collection, 84 FR 33810.
No comments were received. Comments
continue to be invited on:
(a) Whether the collections of
information are necessary for the proper
performance of the OCC’s functions,
including whether the information has
practical utility;
(b) The accuracy of the OCC’s
estimates of the burden of the
information collections, including the
validity of the methodology and
assumptions used;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
information collections 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,
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maintenance, and purchase of services
to provide information.
Dated: September 17, 2019.
Theodore J. Dowd,
Deputy Chief Counsel, Office of the
Comptroller of the Currency.
[FR Doc. 2019–20577 Filed 9–23–19; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
on Disclosure Requirements With
Respect to Prohibited Tax Shelter
Transactions
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 the
collection of information related to the
disclosure requirements with respect to
prohibited tax shelter transactions.
DATES: Written comments should be
received on or before November 25,
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: Disclosure Requirements with
Respect to Prohibited Tax Shelter
Transactions.
OMB Number: 1545–2079.
Regulatory Number: TD 9334.
Abstract: This document contains
final regulations that provide guidance
under section 4965 of the Internal
Revenue Code (‘‘Code’’), relating to
excise taxes with respect to prohibited
tax shelter transactions to which taxexempt entities are parties, and sections
6033(a)(2) and 6011(g) of the Code,
relating to certain disclosure obligations
with respect to such transactions.
SUMMARY:
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khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 84, No. 185 / Tuesday, September 24, 2019 / Notices
Current Actions: There is no change to
the burden previously approved by
OMB. This form is being submitted for
renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
Households, Businesses and other forprofit organizations.
Estimated Number of Respondents:
6,500.
Estimated Time per Respondent: 15
hrs., 9 mins.
Estimated Total Annual Burden
Hours: 98,500.
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: September 18, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019–20641 Filed 9–23–19; 8:45 am]
BILLING CODE 4830–01–P
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DEPARTMENT OF TREASURY
Office of the General Counsel;
Appointment of Members of the Legal
Division to the Performance Review
Board, Internal Revenue Service
Under the authority granted to me as
Chief Counsel of the Internal Revenue
Service by the General Counsel of the
Department of the Treasury by General
Counsel Directive 15, pursuant to the
Civil Service Reform Act, I have
appointed the following persons to the
Legal Division Performance Review
Board, Internal Revenue Service Panel:
1. Chairperson, William Paul, Deputy
Chief Counsel (Technical)
2. Kathryn Zuba, Associate Chief
Counsel (Produces &
Administration)
3. Joseph Spires, Deputy Division
Counsel (Small Business/Self
Employed)
4. Richard Lunger, Deputy Division
Counsel (Criminal Tax)
5. Victoria Judson, Associate Chief
Counsel (Employee Benefits,
Exempt Organizations, &
Employment Taxes)
Alternate—Edward Patton, Deputy
Associate Chief Counsel (General
Legal Services)
This publication is required by 5
U.S.C. 4314(c)(4).
Dated: September 16, 2019.
Michael Desmond,
Chief Counsel, Internal Revenue Service.
[FR Doc. 2019–20566 Filed 9–23–19; 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
Relating to FHA Loan Limits To
Determine Average Area Purchase
Prices
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 the
collection of information required to
SUMMARY:
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50101
obtain the benefit of using revisions to
FHA loan limits to determine average
area purchase prices.
DATES: Written comments should be
received on or before November 25,
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: Average Area Purchase Price
Safe Harbors and Nationwide Purchase
Prices under section 143.
OMB Number: 1545–1877.
Regulatory Number: RP 2019–14.
Abstract: The revenue procedure
under this collection provides issuers of
qualified mortgage bonds, as defined in
section 143(a) of the Internal Revenue
Code (Code), and issuers of mortgage
credit certificates, as defined in section
25(c), with (1) the nationwide average
purchase price for residences located in
the United States, and (2) average area
purchase price safe harbors for
residences located in statistical areas in
each state, the District of Columbia,
Puerto Rico, the Northern Mariana
Islands, American Samoa, the Virgin
Islands, and Guam.
Current Actions: There is no change to
the burden previously approved by
OMB. This form is being submitted for
renewal purposes only.
Type of Review: Extension of a
currently approved collection.
Affected Public: State, Local, and
Tribal Governments.
Estimated Number of Respondents:
60.
Estimated Time per Respondent: 15
mins.
Estimated Total Annual Burden
Hours: 15.
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.
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]]>Agencies
[Federal Register Volume 84, Number 185 (Tuesday, September 24, 2019)]
[Notices]
[Pages 50100-50101]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-20641]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request on Disclosure Requirements With
Respect to Prohibited Tax Shelter Transactions
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 the collection of information related to the disclosure
requirements with respect to prohibited tax shelter transactions.
DATES: Written comments should be received on or before November 25,
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: Disclosure Requirements with Respect to Prohibited Tax
Shelter Transactions.
OMB Number: 1545-2079.
Regulatory Number: TD 9334.
Abstract: This document contains final regulations that provide
guidance under section 4965 of the Internal Revenue Code (``Code''),
relating to excise taxes with respect to prohibited tax shelter
transactions to which tax-exempt entities are parties, and sections
6033(a)(2) and 6011(g) of the Code, relating to certain disclosure
obligations with respect to such transactions.
[[Page 50101]]
Current Actions: There is no change to the burden previously
approved by OMB. This form is being submitted for renewal purposes
only.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals and Households, Businesses and other
for-profit organizations.
Estimated Number of Respondents: 6,500.
Estimated Time per Respondent: 15 hrs., 9 mins.
Estimated Total Annual Burden Hours: 98,500.
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: September 18, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019-20641 Filed 9-23-19; 8:45 am]
BILLING CODE 4830-01-P
