Agency Information Collection Activities; Submission for OMB Review; Comment Request; Notification of Foreign Tax Redeterminations, 28684-28685 [2021-11176]
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28684
Federal Register / Vol. 86, No. 101 / Thursday, May 27, 2021 / Notices
Form Number: IRS Form 1099–C.
Regulation Project Number: TD 9793.
Affected Public: Businesses and other
for-profit organizations; and not-forprofit institutions.
Estimated Number of Respondents:
6,540,900.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 6,540,900.
Estimated Time per Response: 13
minutes.
Estimated Total Annual Burden
Hours: 1,438,998 hours.
3. Title: Electronic Filing of Form W–
4.
OMB Control Number: 1545–1435.
Type of Review: Extension of a
currently approved collection.
Description: Information is required
by the Internal Revenue Service to
verify compliance with regulation
section 31.3402(f)(2)–1(g)(1), which
requires submission to the Service of
certain withholding exemption
certificates. The affected respondents
are employers that choose to make
electronic filing of Forms W–4 available
to their employees.
Regulation Project Number: TD 8706.
Affected Public: Businesses and other
for-profit organizations; not-for-profit
institutions; and State, Local or Tribal
governments.
Estimated Number of Respondents:
2,000.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 160,000.
Estimated Time per Response: 15
minutes.
Estimated Total Annual Burden
Hours: 40,000 hours.
4. Title: Limited Payability Claim
Against the United States for Proceeds
of An Internal Revenue Refund Check.
OMB Control Number: 1545–2024.
Type of Review: Extension of a
currently approved collection.
Description: Form 13818, Limited
Payability Claim Against the United
States for the Proceeds of an Internal
Revenue Refund Check, is sent to the
payee (taxpayer). This form is designed
to provide taxpayers a method to file a
claim for a replacement check when the
original check is over 12 months old.
Form Number: IRS Form 13818.
Affected Public: Individual or
Households; and Businesses and other
for-profit organizations.
Estimated Number of Respondents:
6,000.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 6,000.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden
Hours: 6,000 hours.
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5. Title: S Corporation Guidance
under Section 958 (Rules for
Determining Stock Ownership) and
Guidance Regarding the Treatment of
Qualified Improvement Property under
the Alternative Depreciation System for
Purposes of the QBAI Rules for FDII and
GILTI.
OMB Control Number: 1545–2291.
Type of Review: Extension of a
currently approved collection.
Description: The Treasury Department
and the IRS published final regulations
(TD 9866) in the Federal Register (84 FR
29288) under § 951A (final regulations).
The final regulations adopted ‘‘aggregate
treatment’’ with respect to income
inclusion amounts arising from section
951A (the global intangible low tax
income inclusion or GILTI) for
partnerships. Under aggregate treatment,
for purposes of determining the GILTI
inclusion amount of any partner of a
domestic partnership, each partner is
treated as proportionately owning the
stock of a controlled foreign corporation
(CFC) owned by the partnership within
the meaning of § 958(a) in the same
manner as if the domestic partnership
were a foreign partnership. Because
only a U.S. person that is a U.S.
shareholder can have a GILTI inclusion
amount, a partner that is not a U.S.
shareholder of a partnership-owned CFC
does not have a GILTI inclusion amount
determined by reference to the
partnership-owned CFC. Section
1.951A–1(e)(1) applies to taxable years
of foreign corporations beginning after
December 31, 2017, and to taxable years
of U.S. shareholders in which or with
which such taxable years of foreign
corporations’ end. There are no changes
being made to the regulations at this
time.
Regulation Project Number: TD 9986
and Notice 2020–69.
Affected Public: Individual or
Households.
Estimated Number of Respondents:
3,688.
Frequency of Response: On occasion.
Estimated Total Number of Annual
Responses: 3,688.
Estimated Time per Response: 30
minutes.
Estimated Total Annual Burden
Hours: 1,844 hours.
Authority: 44 U.S.C. 3501 et seq.
Dated: May 24, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2021–11210 Filed 5–26–21; 8:45 am]
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DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request;
Notification of Foreign Tax
Redeterminations
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury will submit the following
information collection request 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
these requests.
DATES: Comments must be received on
or before June 28, 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
PRA@treasury.gov, calling (202) 622–
8922, or viewing the entire information
collection request at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Internal Revenue Service (IRS)
Title: Foreign Tax Credit; Notification
of Foreign Tax Redeterminations.
OMB Control Number: 1545–1056.
Type of Review: Extension of a
currently approved collection.
Description: The regulation relates to
a taxpayer’s obligation under section
905(c) 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.
Regulatory Project Number: REG–
209020–86.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
13,000.
Frequency of Response: Annually.
Estimated Total Number of Annual
Responses: 13,000.
Estimated Time per Response: 4.153
hours.
Estimated Total Annual Burden
Hours: 54,000 hours.
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Federal Register / Vol. 86, No. 101 / Thursday, May 27, 2021 / Notices
(Authority: 44 U.S.C. 3501 et seq.)
Dated: May 21, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2021–11176 Filed 5–26–21; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0067]
Agency Information Collection Activity
Under OMB Review: (VA Form 21–
4502)
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:
In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Benefits Administration
(VBA), Department of Veterans Affairs,
will submit the collection of
information abstracted below to the
Office of Management and Budget
(OMB) for review and comment. The
PRA submission describes the nature of
the information collection and its
expected cost and burden and it
jbell on DSKJLSW7X2PROD with NOTICES
SUMMARY:
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includes the actual data collection
instrument.
DATES: 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. Refer to ‘‘OMB Control
No. 2900–0067’’.
FOR FURTHER INFORMATION CONTACT:
Maribel Aponte, Office of Enterprise
and Integration, Data Governance
Analytics (008), 1717 H Street NW,
Washington, DC 20006, (202) 266–4688
or email maribel.aponte@va.gov. Please
refer to ‘‘OMB Control No. 2900–0067’’
in any correspondence.
SUPPLEMENTARY INFORMATION:
Authority: 38 U.S.C. 3901–3904.
Title: Application for Automobile or
Other Conveyance and Adaptive
Equipment (Under 38 U.S.C. 3901–
3904) (VA Form 21–4502).
OMB Control Number: 2900–0067.
Type of Review: Reinstatement of a
previously approved collection.
Abstract: VA Form 21–4502 is used
by veterans and servicepersons to apply
for automobile and adaptive equipment
benefits. Without the information
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28685
solicited by this form, VA would be
unable to determine eligibility, and
benefits would not be properly paid.
No substantive changes have been
made to this form. The respondent
burden has increased due to the
estimated number of receivables
averaged over the past two years.
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at 86 FR
51 on March 18, 2021, page 14800.
Affected Public: Individuals or
Households.
Estimated Annual Burden: 411.
Estimated Average Burden per
Respondent: 15 minutes.
Frequency of Response: One time.
Estimated Number of Respondents:
1,645.
By direction of the Secretary.
Dorothy Glasgow,
VA PRA Clearance Officer (Alternate), Office
of Enterprise and Integration, Data
Governance Analytics, Department of
Veterans Affairs.
[FR Doc. 2021–11227 Filed 5–26–21; 8:45 am]
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Agencies
[Federal Register Volume 86, Number 101 (Thursday, May 27, 2021)]
[Notices]
[Pages 28684-28685]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-11176]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Notification of Foreign Tax Redeterminations
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury will submit the following
information collection request 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 these requests.
DATES: Comments must be received on or before June 28, 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:
Internal Revenue Service (IRS)
Title: Foreign Tax Credit; Notification of Foreign Tax
Redeterminations.
OMB Control Number: 1545-1056.
Type of Review: Extension of a currently approved collection.
Description: The regulation relates to a taxpayer's obligation
under section 905(c) 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.
Regulatory Project Number: REG-209020-86.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 13,000.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 13,000.
Estimated Time per Response: 4.153 hours.
Estimated Total Annual Burden Hours: 54,000 hours.
[[Page 28685]]
(Authority: 44 U.S.C. 3501 et seq.)
Dated: May 21, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2021-11176 Filed 5-26-21; 8:45 am]
BILLING CODE 4810-25-P