Proposed Collection; Comment Request for Foreign Tax Credit; Notification of Foreign Tax Redeterminations, 8080 [2021-02229]

Download as PDF 8080 Federal Register / Vol. 86, No. 21 / Wednesday, February 3, 2021 / Notices www.regulations.gov/, including any personal information you provide. The FAA will also post a report summarizing each substantive verbal contact received about this proposal. • Confidential Business Information: Confidential Business Information (CBI) is commercial or financial information that is both customarily and actually treated as private by its owner. Under the Freedom of Information Act (FOIA) (5 U.S.C. 552), CBI is exempt from public disclosure. If your comments responsive to this Notice contain commercial or financial information that is customarily treated as private, that you actually treat as private, and that is relevant or responsive to this Notice, it is important that you clearly designate the submitted comments as CBI. Please mark each page of your submission containing CBI as ‘‘PROPIN.’’ The FAA will treat such marked submissions as confidential under the FOIA, and the indicated comments will not be placed in the public docket of this Notice. Submissions containing CBI should be sent to Alan Sinclair, AIR–626, HumanMachine Interface Section, Technical Innovation Policy Branch, Policy and Innovation Division, Federal Aviation Administration, 2200 South 216th Street, Des Moines, Washington 98198; telephone and fax 206–231–3215; email alan.sinclair@faa.gov. Comments the FAA receives, which are not specifically designated as CBI, will be placed in the public docket for this rulemaking. • Docket: Background documents or comments received may be read at https://www.regulations.gov at any time. Follow the online instructions for accessing the docket or go to the Docket Operations in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue SE, Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. jbell on DSKJLSW7X2PROD with NOTICES FOR FURTHER INFORMATION CONTACT: Mark Forseth, AIR–612, Technical Writing Section, Strategic Policy Management Branch, Policy and Innovation Division, Federal Aviation Administration, 2200 S 216th St., Des Moines, WA 98198–6547, email mark.forseth@faa.gov, phone (206) 231– 3179. This notice is published pursuant to 14 CFR 11.85. VerDate Sep<11>2014 17:21 Feb 02, 2021 Jkt 253001 Issued in Washington, DC. Daniel Commins, Acting Manager, AIR–612, Technical Writing Section, Strategic Policy Management Branch, Policy and Innovation Division, Federal Aviation Administration. Petition for Exemption Docket No.: FAA–2020–1185. Petitioner: Dassault Aviation. Section of 14 CFR Affected: Part 25, SFAR 109.2(d) and (g). Description of Relief Sought: Permit doors between the galley and the passenger cabin, in part 135 operations, on Model Falcon 6X airplanes. [FR Doc. 2021–02198 Filed 2–2–21; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Foreign Tax Credit; Notification of Foreign Tax Redeterminations 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 general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning foreign tax credit; notification of foreign tax redeterminations. DATES: Written comments should be received on or before April 5, 2021 to be assured of consideration. ADDRESSES: Direct all written comments to Kinna Brewington, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form should be directed to Kerry Dennis, at (202) 317–5751 or Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at Kerry.Dennis@irs.gov. SUPPLEMENTARY INFORMATION: Title: Foreign Tax Credit; Notification of Foreign Tax Redeterminations. OMB Number: 1545–1056. Regulation Project Number: TD 9922 (REG–101657–20)/REG–209020–86. Abstract: The regulation relates to a taxpayer’s obligation under section SUMMARY: PO 00000 Frm 00092 Fmt 4703 Sfmt 9990 905© of the Internal Revenue Code to file notification of a foreign tax redetermination, to make adjustments to a taxpayer’s pools of foreign taxes and earnings and profits, and the imposition of the civil penalty for failure to file such notice or report such adjustments. Current Actions: There is no change in the paperwork burden previously approved by OMB. The regulation is being submitted for renewal purposes only. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 13,500. Estimated Time per Response: 4.153 hours. Estimated Total Annual Burden Hours: 56,065. 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. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information 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, maintenance, and purchase of services to provide information. Approved: January 26, 2021. Chakinna B. Clemons, Supervisory Tax Analyst. [FR Doc. 2021–02229 Filed 2–2–21; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\03FEN1.SGM 03FEN1

Agencies

[Federal Register Volume 86, Number 21 (Wednesday, February 3, 2021)]
[Notices]
[Page 8080]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02229]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Foreign Tax Credit; 
Notification of Foreign Tax Redeterminations

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to take this opportunity to comment on 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. The IRS is soliciting comments concerning 
foreign tax credit; notification of foreign tax redeterminations.

DATES: Written comments should be received on or before April 5, 2021 
to be assured of consideration.

ADDRESSES: Direct all written comments to Kinna Brewington, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form should be directed to Kerry Dennis, at (202) 317-
5751 or Internal Revenue Service, Room 6526, 1111 Constitution Avenue 
NW, Washington, DC 20224, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: Title: Foreign Tax Credit; Notification of 
Foreign Tax Redeterminations.
    OMB Number: 1545-1056.
    Regulation Project Number: TD 9922 (REG-101657-20)/REG-209020-86.
    Abstract: The regulation relates to a taxpayer's obligation under 
section 905(copyright) of the Internal Revenue Code to file 
notification of a foreign tax redetermination, to make adjustments to a 
taxpayer's pools of foreign taxes and earnings and profits, and the 
imposition of the civil penalty for failure to file such notice or 
report such adjustments.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. The regulation is being submitted for 
renewal purposes only.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 13,500.
    Estimated Time per Response: 4.153 hours.
    Estimated Total Annual Burden Hours: 56,065.
    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.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information 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, 
maintenance, and purchase of services to provide information.

    Approved: January 26, 2021.
Chakinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021-02229 Filed 2-2-21; 8:45 am]
BILLING CODE 4830-01-P


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