Agency Information Collection Activities; Submission for OMB Review; Comment Request; Treasury Foreign Currency Forms, 7336 [2021-01723]
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7336
Federal Register / Vol. 86, No. 16 / Wednesday, January 27, 2021 / Notices
FISCAL YEAR 2021 FORM 990 SERIES TAX COMPLIANCE COST ESTIMATES
Form 990
Projections of the Number of Returns to
be Filed with IRS ................................
Estimated Average Time per Response
(Hours) ...............................................
Estimated Average Out-of-Pocket Costs
per Response .....................................
Estimated Average Monetized Burden
(Labor Costs) per Response ..............
Estimated Total Time (Hours) for all Filers ......................................................
Estimated Total Out-of-Pocket Costs for
all Filers ..............................................
Estimated Total Monetized Burden .......
Form 990–EZ
Form 990–PF
Form 990–T
Form 990–N
321,100
253,200
120,200
165,500
742,000
85
45
47
40
2
$2,600
$500
$2,000
$1,500
$10
$8,000
$1,200
$3,900
$4,400
$30
27,220,000
11,450,000
5,600,000
6,570,000
1,630,000
$849,800,000
$2,559,000,000
$139,000,000
$312,700,000
$240,200,000
$467,800,000
$237,300,000
$719,800,000
$6,800,000
$24,900,000
* Detail may not add to total due to rounding.
Authority: 44 U.S.C. 3501 et seq.
[FR Doc. 2021–01732 Filed 1–26–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Treasury
Foreign Currency Forms
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury will submit the following
information collection requests to the
Office of Management and Budget
(OMB) for review and clearance in
accordance with the Paperwork
Reduction Act of 1995, on or after the
date of publication of this notice. The
public is invited to submit comments on
this request.
DATES: Comments must be received on
or before February 26, 2021.
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
17:04 Jan 26, 2021
Jkt 253001
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be
obtained from Molly Stasko by emailing
PRA@treasury.gov, calling (202) 622–
8922, or viewing the entire information
collection request at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Title: Treasury Foreign Currency
Forms FC–1, FC–2, & FC–3.
OMB Control Number: 1505–0010.
Type of Review: Extension without
change of a currently approved
collection.
Description: The filing of Foreign
Currency Forms FC–1, FC–2, and FC–3
is pursuant to (31 U.S.C. 5315, which
directs the Secretary of the Treasury to
prescribe regulations (31 CFR 128,
Subpart C), requiring reports on foreign
currency transactions conducted by a
United States person or a foreign person
ADDRESSES:
Dated: January 21, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
PO 00000
Frm 00094
Fmt 4703
Sfmt 9990
controlled by a United States person.
The forms collect data on the foreign
exchange spot, forward, futures, and
options markets from all significant
market participants.
Form: Treasury Form FC–1, FC–2,
FC–3.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Respondents: 29
for FC–1; 29 for FC–2; 47 for FC–3.
Frequency of Response: Weekly for
FC–1; Monthly for FC–2; and Quarterly
for FC–3.
Estimated Total Number of Annual
Responses: 1508 for FC–1; 348 for FC–
2; 188 for FC–3.
Estimated Time per Response: 48
minutes for FC–1; 3 hours 36 minutes
for FC–2; 8 hours for FC–3.
Estimated Total Annual Burden
Hours: 1,206 hours for FC–1; 1,253
hours for FC–2; 1,504 hours for FC–3.
Authority: 44 U.S.C. 3501 et seq.
Dated: January 21, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2021–01723 Filed 1–26–21; 8:45 am]
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E:\FR\FM\27JAN1.SGM
27JAN1
Agencies
[Federal Register Volume 86, Number 16 (Wednesday, January 27, 2021)]
[Notices]
[Page 7336]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-01723]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Treasury Foreign Currency Forms
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury will submit the following
information collection requests to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, on or after the date of publication of this
notice. The public is invited to submit comments on this request.
DATES: Comments must be received on or before February 26, 2021.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Molly Stasko by emailing [email protected], calling (202)
622-8922, or viewing the entire information collection request at
www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Title: Treasury Foreign Currency Forms FC-1, FC-2, & FC-3.
OMB Control Number: 1505-0010.
Type of Review: Extension without change of a currently approved
collection.
Description: The filing of Foreign Currency Forms FC-1, FC-2, and
FC-3 is pursuant to (31 U.S.C. 5315, which directs the Secretary of the
Treasury to prescribe regulations (31 CFR 128, Subpart C), requiring
reports on foreign currency transactions conducted by a United States
person or a foreign person controlled by a United States person. The
forms collect data on the foreign exchange spot, forward, futures, and
options markets from all significant market participants.
Form: Treasury Form FC-1, FC-2, FC-3.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 29 for FC-1; 29 for FC-2; 47 for
FC-3.
Frequency of Response: Weekly for FC-1; Monthly for FC-2; and
Quarterly for FC-3.
Estimated Total Number of Annual Responses: 1508 for FC-1; 348 for
FC-2; 188 for FC-3.
Estimated Time per Response: 48 minutes for FC-1; 3 hours 36
minutes for FC-2; 8 hours for FC-3.
Estimated Total Annual Burden Hours: 1,206 hours for FC-1; 1,253
hours for FC-2; 1,504 hours for FC-3.
Authority: 44 U.S.C. 3501 et seq.
Dated: January 21, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2021-01723 Filed 1-26-21; 8:45 am]
BILLING CODE 4810-25-P