Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Requirements for Qualified Domestic Trusts, 57551 [2019-23397]
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57551
Federal Register / Vol. 84, No. 207 / Friday, October 25, 2019 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
on Requirements for Qualified
Domestic Trusts
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
requirements to ensure collection of
section 2056A estate tax.
DATES: Written comments should be
received on or before December 24, 2019
to be assured of consideration.
ADDRESSES: Direct all written comments
to Philippe Thomas, Internal Revenue
Service, Room 6529, 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: Requirements for qualified
domestic trust.
OMB Number: 1545–1443.
Regulatory Number: TD 8686.
Abstract: This document contains
final regulations that provide guidance
relating to the additional requirements
necessary to ensure the collection of the
estate tax imposed under section
2056A(b) with respect to taxable events
involving qualified domestic trusts
(QDOTs) described in section 2056A(a).
In order to ensure collection of the tax,
the regulation provides various security
options that may be selected by the trust
and the requirements associated with
each option. In addition, under certain
circumstances the trust is required to
file an annual statement with the IRS
disclosing the assets held by the trust.
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.
SUMMARY:
VerDate Sep<11>2014
18:04 Oct 24, 2019
Jkt 250001
Affected Public: Individuals and
Households.
Estimated Number of Respondents:
4,390.
Estimated Time per Respondent: 1 hr.,
23 mins.
Estimated Total Annual Burden
Hours: 6,070.
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: October 18, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019–23397 Filed 10–24–19; 8:45 am]
BILLING CODE 4830–01–P
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DEPARTMENT OF VETERANS
AFFAIRS
Creating Options for Veterans
Expedited Recovery (COVER)
Commission, Notice of Meeting
In accordance with the Federal
Advisory Committee Act, the Creating
Options for Veterans Expedited
Recovery (COVER) Commission gives
notice of a meeting to be held on
November 5 and 6, 2019, at the VHA
National Conference Center, 2011
Crystal Drive, Crystal City, Virginia
22202. The meetings will begin and end
as follows:
Dates:
Times:
November 5, 2019
10:00 a.m.–5:00 p.m.
EST.
8:30 a.m.–12:00 p.m.
EST.
November 6, 2019
Eastern Standard Time (EST).
All meeting sessions are open to the
public.
The purpose of the COVER
Commission is to examine the evidencebased therapy treatment model used by
the Department of Veterans Affairs (VA)
for treating mental health conditions of
Veterans and the potential benefits of
incorporating complementary and
integrative health approaches as
standard practice throughout the
Department.
Members of the public are invited to
attend open sessions in-person or via
telephone listening line. Only a limited
amount of seating will be available, and
members of the public will be seated on
a first come-first served basis. The
listening line number for both days is
(844) 376–0278 access code 66335484#.
The listening lines will be activated
approximately 10 minutes prior to each
day’s sessions. Members of the public
utilizing the listening line are asked to
confirm their attendance via an email to
COVERCommission@va.gov. The
videotaping or recording of Commission
proceedings is discouraged as it may be
disruptive to the Commission’s work.
Any member of the public seeking
additional information including copies
of materials referenced during open
sessions should email the Designated
Federal Officer for the Commission, Mr.
John Goodrich, at COVERCommission@
va.gov. Although there will not be time
allotted for members of the public to
speak, the COVER Commission will
accept written comments which may be
sent to the email address noted. In
communications with the Commission,
the writers must identify themselves
and state the organizations, associations,
or persons they represent.
E:\FR\FM\25OCN1.SGM
25OCN1
]]>Agencies
[Federal Register Volume 84, Number 207 (Friday, October 25, 2019)]
[Notices]
[Page 57551]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-23397]
[[Page 57551]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request on Requirements for Qualified
Domestic Trusts
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 requirements to
ensure collection of section 2056A estate tax.
DATES: Written comments should be received on or before December 24,
2019 to be assured of consideration.
ADDRESSES: Direct all written comments to Philippe Thomas, Internal
Revenue Service, Room 6529, 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: Requirements for qualified domestic trust.
OMB Number: 1545-1443.
Regulatory Number: TD 8686.
Abstract: This document contains final regulations that provide
guidance relating to the additional requirements necessary to ensure
the collection of the estate tax imposed under section 2056A(b) with
respect to taxable events involving qualified domestic trusts (QDOTs)
described in section 2056A(a). In order to ensure collection of the
tax, the regulation provides various security options that may be
selected by the trust and the requirements associated with each option.
In addition, under certain circumstances the trust is required to file
an annual statement with the IRS disclosing the assets held by the
trust.
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.
Estimated Number of Respondents: 4,390.
Estimated Time per Respondent: 1 hr., 23 mins.
Estimated Total Annual Burden Hours: 6,070.
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: October 18, 2019.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2019-23397 Filed 10-24-19; 8:45 am]
BILLING CODE 4830-01-P
