Proposed Collection; Comment Request for Information Collection Tool Relating to the Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund, 42978 [2021-16713]
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42978
Federal Register / Vol. 86, No. 148 / Thursday, August 5, 2021 / Notices
(USMMA) appeared in the Federal
Register (Vol. 47, No. 98, p. 21811,
dated May 20, 1982) as a final rule. Part
310.57(a) of 46 CFR provides for the
collection of information from anyone
who is a prospect for admission. It states
that ‘‘all candidates shall submit an
application for admission to the
Academy’s Admissions Office.’’ Thus,
the collection of information through
the use of a digital application is the
primary means by which selections for
admission are made. The information
collection consists of Part I, the
Academic Information Request,
Candidate Activities Record, three
School Official Evaluation and
Biographical Essay and Candidate
Fitness Assessment. Part I of the form is
completed by individuals wishing to be
admitted as students to the U.S.
Merchant Marine Academy. The
information from the Academic
Information Request, Candidate
Activities Record, School Official
Evaluations and Biographical Essay is
used by the USMMA admissions staff
and its Candidate Evaluation Board to
select the best qualified candidates for
the Academy.
Respondents: Individuals desiring to
become students at the U.S. Merchant
Marine Academy.
Affected Public: Individuals or
Households.
Estimated Number of Respondents:
2,000.
Estimated Number of Responses:
2,000.
Estimated Hours per Response: 5
Hours.
Annual Estimated Total Annual
Burden Hours: 10,000.
Frequency of Response: Annually.
(Authority: The Paperwork Reduction Act of
1995; 44 U.S.C. chapter 35, as amended; and
49 CFR 1.93.)
* * *
By Order of the Acting Maritime
Administrator.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2021–16714 Filed 8–4–21; 8:45 am]
BILLING CODE 4910–81–P
DEPARTMENT OF THE TREASURY
khammond on DSKJM1Z7X2PROD with NOTICES
Internal Revenue Service
Proposed Collection; Comment
Request for Information Collection
Tool Relating to the Return by a
Shareholder of a Passive Foreign
Investment Company or Qualified
Electing Fund
Internal Revenue Service (IRS),
Treasury.
AGENCY:
VerDate Sep<11>2014
17:07 Aug 04, 2021
Jkt 253001
Notice and request for
comments.
ACTION:
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 return by a shareholder of a
passive foreign investment company or
qualified electing fund.
DATES: Written comments should be
received on or before October 4, 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: Return by a Shareholder of a
Passive Foreign Investment Company or
Qualified Electing Fund.
OMB Number: 1545–1002.
Form Number: 8621.
Abstract: Form 8621 is filed by a U.S.
shareholder who owns stock in a foreign
investment company. The form is used
to report income, make an election to
extend the time for payment of tax, and
to pay an additional tax and interest
amount. The IRS uses Form 8621 to
determine if these shareholders have
correctly reported amounts of income,
made the election correctly, and have
correctly computed the additional tax
and interest amount.
Current Actions: There is no change
in the form or paperwork burden
previously approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations and individuals.
Estimated Number of Respondents:
1,333.
Estimated Time per Response: 48
hours, 44 min.
Estimated Total Annual Burden
Hours: 64,971.
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
SUMMARY:
PO 00000
Frm 00203
Fmt 4703
Sfmt 4703
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: July 29, 2021.
ChaKinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021–16713 Filed 8–4–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
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 performance and quality for
small wind energy property.
DATES: Written comments should be
received on or before October 4, 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.
SUMMARY:
E:\FR\FM\05AUN1.SGM
05AUN1
]]>Agencies
[Federal Register Volume 86, Number 148 (Thursday, August 5, 2021)]
[Notices]
[Page 42978]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-16713]
=======================================================================
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Information Collection
Tool Relating to the Return by a Shareholder of a Passive Foreign
Investment Company or Qualified Electing Fund
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 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 return
by a shareholder of a passive foreign investment company or qualified
electing fund.
DATES: Written comments should be received on or before October 4, 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: Return by a Shareholder of a Passive Foreign Investment
Company or Qualified Electing Fund.
OMB Number: 1545-1002.
Form Number: 8621.
Abstract: Form 8621 is filed by a U.S. shareholder who owns stock
in a foreign investment company. The form is used to report income,
make an election to extend the time for payment of tax, and to pay an
additional tax and interest amount. The IRS uses Form 8621 to determine
if these shareholders have correctly reported amounts of income, made
the election correctly, and have correctly computed the additional tax
and interest amount.
Current Actions: There is no change in the form or paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations and
individuals.
Estimated Number of Respondents: 1,333.
Estimated Time per Response: 48 hours, 44 min.
Estimated Total Annual Burden Hours: 64,971.
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: July 29, 2021.
ChaKinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021-16713 Filed 8-4-21; 8:45 am]
BILLING CODE 4830-01-P
