Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to the Quarterly Federal Excise Tax Return, 38021 [2020-13648]
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Federal Register / Vol. 85, No. 122 / Wednesday, June 24, 2020 / Notices
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: June 16, 2020.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2020–13519 Filed 6–23–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
jbell on DSKJLSW7X2PROD with NOTICES
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
on Burden Related to the Quarterly
Federal Excise Tax Return
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
VerDate Sep<11>2014
18:20 Jun 23, 2020
Jkt 250001
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
burden associated with the quarterly
federal excise tax return.
DATES: Written comments should be
received on or before August 24, 2020
to be assured of consideration.
ADDRESSES: Direct all written comments
to Kinna Brewington, 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 Ronald J. 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: Quarterly Federal Excise Tax
Return.
OMB Number: 1545–0023.
Form Number: 720.
Abstract: Excise taxes are taxes paid
when purchases are made on a specific
good, such as gasoline. 26 U.S.C. 4081
imposes tax for miscellaneous excise
taxes, manufacturers excise taxes,
automotive and related items, petroleum
products and motor and aviation fuel.
Form 720, Quarterly Federal Excise Tax
Return, is used to report liability by IRS
number and to pay the excise taxes
listed on the form.
Current Actions: Updated filing
estimates will result in a decrease to the
estimated annual respondents by
225,744 responses per year. This
decrease will lower the burden by an
estimated 2,302,176 hours. This request
is being submitted for renewal purposes.
Type of Review: Revision of a
currently approved collection.
Affected Public: Business or other forprofit organizations, individuals, notfor-profit institutions, farms, and
Federal, state, local or tribal
governments.
Estimated Number of Respondents:
180,000.
Estimated Time per Respondent: 12
hours 4 min.
Estimated Total Annual Burden
Hours: 2,173,641.
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
SUMMARY:
PO 00000
Frm 00202
Fmt 4703
Sfmt 4703
38021
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: June 18, 2020.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2020–13648 Filed 6–23–20; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Privacy Act of 1974, as amended
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of proposed modification
to Privacy Act system of records.
AGENCY:
In accordance with the
requirements of the Privacy Act of 1974,
as amended, the Department of the
Treasury, Internal Revenue Service,
gives notice of proposed modifications
to system of records entitled: Treasury/
IRS 60.000 Employee Protection System
Records.
SUMMARY:
E:\FR\FM\24JNN1.SGM
24JNN1
]]>Agencies
[Federal Register Volume 85, Number 122 (Wednesday, June 24, 2020)]
[Notices]
[Page 38021]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-13648]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request on Burden Related to the Quarterly
Federal Excise Tax Return
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 burden associated with the quarterly federal excise tax
return.
DATES: Written comments should be received on or before August 24, 2020
to be assured of consideration.
ADDRESSES: Direct all written comments to Kinna Brewington, 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 Ronald J. Durbala, at Internal Revenue Service,
Room 6129, 1111 Constitution Avenue NW, Washington DC 20224, or through
the internet, at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Quarterly Federal Excise Tax Return.
OMB Number: 1545-0023.
Form Number: 720.
Abstract: Excise taxes are taxes paid when purchases are made on a
specific good, such as gasoline. 26 U.S.C. 4081 imposes tax for
miscellaneous excise taxes, manufacturers excise taxes, automotive and
related items, petroleum products and motor and aviation fuel. Form
720, Quarterly Federal Excise Tax Return, is used to report liability
by IRS number and to pay the excise taxes listed on the form.
Current Actions: Updated filing estimates will result in a decrease
to the estimated annual respondents by 225,744 responses per year. This
decrease will lower the burden by an estimated 2,302,176 hours. This
request is being submitted for renewal purposes.
Type of Review: Revision of a currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals, not-for-profit institutions, farms, and Federal, state,
local or tribal governments.
Estimated Number of Respondents: 180,000.
Estimated Time per Respondent: 12 hours 4 min.
Estimated Total Annual Burden Hours: 2,173,641.
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: June 18, 2020.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2020-13648 Filed 6-23-20; 8:45 am]
BILLING CODE 4830-01-P
