Agency Information Collection Activities; Submission for OMB Review; Comment Request; Treasury Foreign Currency Forms, 7336 [2021-01723]

Download as PDF 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] BILLING CODE 4810–25–P 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
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.