Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Interest Rates and Appropriate Foreign Loss Payment Patterns of Certain Controlled Corporations, 51225-51226 [2021-19779]

Download as PDF Federal Register / Vol. 86, No. 175 / Tuesday, September 14, 2021 / Notices New Jersey Avenue SE, Room PL–401, Washington, DC 20590–0001. • Hand Delivery: Room PL–401 of the Department of Transportation, 1200 New Jersey Avenue SE, Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal Holidays. Instructions: All submissions must include the agency name and docket number. tkelley on DSK125TN23PROD with NOTICES Note: All comments received, including any personal information, will be posted without change to the docket and is accessible via http://www.regulations.gov . Input submitted online via www.regulations.gov is not immediately posted to the site. It may take several business days before your submission is posted. Docket: For access to the docket to read background documents or comments received, go to http:// www.regulations.gov at any time or to Room PL–401 of the Department of Transportation, 1200 New Jersey Avenue SE, Washington, DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal Holidays. The Federal Docket Management Facility’s telephone number is 202–366–9826 or 202–366–9317, the fax number is 202– 493–2251. FOR FURTHER INFORMATION CONTACT: You may contact Nuns Jain, Maritime Administration, at 757–322–5801 or by electronic mail at Nuns.Jain@dot.gov. You may send mail to Nuns Jain at Maritime Administration, Building 19, Suite 300, 7737 Hampton Boulevard, Norfolk, Virginia 23505. If you have questions on viewing the Docket, call Docket Operations, telephone: 202–366– 9826 or 202–366–9317. SUPPLEMENTARY INFORMATION: Title of Collection: Mariner Survey Pre-Test. OMB Control Number: 2133–NEW. Form Number: Not Applicable. Type of Review: New information collection. Background: This voluntary Mariner Survey Pre-Test information collection is limited to cognitive interviews and a pilot survey of a sample of appropriately credentialed U.S. merchant mariners to validate and improve the design of the questionnaire and other survey components for a subsequent full Mariner Survey. The cognitive interviews will be conducted online or via telephone. The pilot survey responses will be primarily collected via an online survey, with a mail survey option. Upon completion of this Pre-Test collection and analysis, MARAD intends to request separate approval for VerDate Sep<11>2014 21:55 Sep 13, 2021 Jkt 253001 the full biennial Mariner Survey of all appropriately credentialed U.S. merchant mariners to determine the number of qualified mariners who are available and willing to serve on short notice on U.S. government-owned sealift ships or commercial ships during a period of national need. The most recent survey of this scope was completed in 2002. The availability of a reliable, current estimate on the number of mariners willing to serve in times of war, armed conflict, or national emergency is critical to the U.S. national security. Respondents: Appropriately credentialed U.S. merchant mariners. Affected Public: Individuals or Households. Total Estimated Number of Responses: 690 (40 for cognitive interviews; 650 for pilot survey). Frequency: One-time. Estimated Time per Respondent: 45 minutes for cognitive interviews; 20 minutes for pilot survey. Total Estimated Number of Annual Burden Hours: 247. Public Comments Invited: You are asked to comment on any aspect of this information collection, including (a) Whether the proposed collection of information is necessary for the Department’s performance; (b) the accuracy of the estimated burden; (c) ways for the Department to enhance the quality, utility and clarity of the information collection; and (d) ways that the burden could be minimized without reducing the quality of the collected information. The agency will summarize and/or include your comments in the request for OMB’s clearance of this information collection. (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. 2021–19808 Filed 9–13–21; 8:45 am] BILLING CODE 4910–81–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request on Burden Related to Interest Rates and Appropriate Foreign Loss Payment Patterns of Certain Controlled Corporations Internal Revenue Service (IRS), Treasury. AGENCY: PO 00000 Frm 00128 Fmt 4703 Sfmt 4703 51225 Notice and request for comments. ACTION: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning the burden related to the interest rates and appropriate foreign loss payment patterns for determining the qualified insurance income of certain controlled corporations under section 954(f). DATES: Written comments should be received on or before November 15, 2021 to be assured of consideration. ADDRESSES: Direct all written comments to Kinna Brewington, Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 20224. Requests for additional information or copies of the regulations should be directed to R. Joseph Durbala, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW, Washington DC 20224, or through the internet, at RJoseph.Durbala@irs.gov. SUPPLEMENTARY INFORMATION: Title: Interest Rates and Appropriate Foreign Loss Payment Patterns for Determining the Qualified Insurance Income of Certain Controlled Corporations under Section 954(f). OMB Number: 1545–1799. Regulation/Project Number: Notice 2002–69. Abstract: Notice 2002–69 (2002–43 I.R.B. 730) published October 28, 2002, provides interim guidance for determining the interest rates and appropriate foreign loss payment patterns to be used by controlled foreign corporations in calculating their qualified insurance income under section 954(i) of the Internal Revenue Code. Taxpayers may rely on the guidance in this notice until regulations or other guidance are published. Current Actions: There is no change to the burden previously approved. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, business, or other for-profit organizations. Estimated Number of Responses: 300. Estimated Time per Respondent: 1 hour. Estimated Total Annual Burden Hours: 300. The following paragraph applies to all the collections of information covered by this notice: SUMMARY: E:\FR\FM\14SEN1.SGM 14SEN1 51226 Federal Register / Vol. 86, No. 175 / Tuesday, September 14, 2021 / Notices 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. Desired Focus of Comments: The Internal Revenue Service (IRS) is particularly interested in comments that: • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility. • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including using appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., by permitting electronic submissions of responses. Comments submitted in response to this notice will be summarized and/or included in the ICR for OMB approval of the extension of the information collection; they will also become a matter of public record. Approved: September 9, 2021. Ronald J. Durbala, IRS Tax Analyst. [FR Doc. 2021–19779 Filed 9–13–21; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Open Meeting of the Financial Research Advisory Committee Office of Financial Research, Department of the Treasury. ACTION: Notice of open meeting. tkelley on DSK125TN23PROD with NOTICES AGENCY: The Financial Research Advisory Committee for the Treasury’s Office of Financial Research (OFR) is convening for its eighteenth meeting on Wednesday, September 29, 2021 via webcast, beginning at 10:00 a.m. Eastern Time. The meeting will be open to the SUMMARY: VerDate Sep<11>2014 21:55 Sep 13, 2021 Jkt 253001 public, and advance registration is required. DATES: The meeting will be held Wednesday, September 29, 2021, beginning at 10:00 a.m. Eastern Time. ADDRESSES: The meeting will be held via webcast using Zoom. Participants are required to register ahead of time. Register in advance for the meeting using this Zoom attendee registration link: https://ofr-treasury.zoomgov.com/ webinar/register/WN_ceA_ TMBGTzOIlUVlIUDNZg. After registering, you will receive a confirmation email with a unique link to join the meeting. Reasonable Accommodation: If you require a reasonable accommodation or sign language interpreter, please contact ReasonableAccommodationRequests@ treasury.gov. Please submit requests at least five days before the event. FOR FURTHER INFORMATION CONTACT: Melissa Avstreih, Designated Federal Officer, Office of Financial Research, Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220, (202) 927–8032 (this is not a toll-free number), or OFR_FRAC@ ofr.treasury.gov. Persons who have difficulty hearing or speaking may access this number via TTY by calling the toll-free Federal Relay Service at 800–877–8339. SUPPLEMENTARY INFORMATION: Notice of this meeting is provided in accordance with the Federal Advisory Committee Act, 5 U.S.C. App. 2, 10(a)(2), through implementing regulations at 41 CFR 102–3.150, et seq. Public Comment: Members of the public wishing to comment on the business of the Financial Research Advisory Committee are invited to submit written statements by any of the following methods: • Electronic Statements. Email the Committee’s Designated Federal Officer at OFR_FRAC@ofr.treasury.gov. • Paper Statements. Send paper statements in triplicate to the Financial Research Advisory Committee, Attn: Melissa Avstreih, Office of Financial Research, Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220. The OFR will post statements on the Committee’s website, https:// www.financialresearch.gov/frac/, including any business or personal information provided, such as names, addresses, email addresses, or telephone numbers. The OFR will also make such statements available for public inspection and copying in the Department of the Treasury’s library, Annex Room 1020, 1500 Pennsylvania Avenue NW, Washington, DC 20220 on PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 official business days between the hours of 8:30 a.m. and 5:30 p.m. Eastern Time. You may make an appointment to inspect statements by calling (202) 622– 0990. All statements, including attachments and other supporting materials, will be part of the public record and subject to public disclosure. You should submit only information that you wish to make available publicly. Agenda/Topics for Discussion: The Committee provides an opportunity for researchers, industry leaders, and other qualified individuals to offer their advice and recommendations to the OFR, which, among other things, is responsible for collecting and standardizing data on financial institutions and their activities and for supporting the work of the Financial Stability Oversight Council. This is the eighteenth meeting of the Financial Research Advisory Committee. Topics to be discussed among all members are the transition from the London Interbank Offered Rate to alternative benchmarks, the Office of Financial Research’s work related to central clearing parties, and cybersecurity. For more information on the OFR and the Committee, please visit the OFR’s website at https:// www.financialresearch.gov. Sean Dillon, Senior Advisor. [FR Doc. 2021–19751 Filed 9–13–21; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0021] Agency Information Collection Activity: VA LOAN ELECTRONIC REPORTING INTERFACE (VALERI) SYSTEM Veterans Benefits Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: Veterans Benefits Administration (VBA), Department of Veterans Affairs (VA), is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (PRA) of 1995, Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of a currently approved collection, and allow 60 days for public comment in response to the notice. SUMMARY: E:\FR\FM\14SEN1.SGM 14SEN1

Agencies

[Federal Register Volume 86, Number 175 (Tuesday, September 14, 2021)]
[Notices]
[Pages 51225-51226]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-19779]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Extension of Information Collection Request Submitted 
for Public Comment; Comment Request on Burden Related to Interest Rates 
and Appropriate Foreign Loss Payment Patterns of Certain Controlled 
Corporations

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 public and other 
Federal agencies to take this opportunity to comment on proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. Currently, the IRS is soliciting comments 
concerning the burden related to the interest rates and appropriate 
foreign loss payment patterns for determining the qualified insurance 
income of certain controlled corporations under section 954(f).

DATES: Written comments should be received on or before November 15, 
2021 to be assured of consideration.

ADDRESSES: Direct all written comments to Kinna Brewington, Internal 
Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 
20224. Requests for additional information or copies of the regulations 
should be directed to R. Joseph Durbala, at Internal Revenue Service, 
Room 6129, 1111 Constitution Avenue NW, Washington DC 20224, or through 
the internet, at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Interest Rates and Appropriate Foreign Loss Payment Patterns 
for Determining the Qualified Insurance Income of Certain Controlled 
Corporations under Section 954(f).
    OMB Number: 1545-1799.
    Regulation/Project Number: Notice 2002-69.
    Abstract: Notice 2002-69 (2002-43 I.R.B. 730) published October 28, 
2002, provides interim guidance for determining the interest rates and 
appropriate foreign loss payment patterns to be used by controlled 
foreign corporations in calculating their qualified insurance income 
under section 954(i) of the Internal Revenue Code. Taxpayers may rely 
on the guidance in this notice until regulations or other guidance are 
published.
    Current Actions: There is no change to the burden previously 
approved.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, business, or other for-
profit organizations.
    Estimated Number of Responses: 300.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 300.
    The following paragraph applies to all the collections of 
information covered by this notice:

[[Page 51226]]

    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.
    Desired Focus of Comments: The Internal Revenue Service (IRS) is 
particularly interested in comments that:
     Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility.
     Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;
     Enhance the quality, utility, and clarity of the 
information to be collected; and
     Minimize the burden of the collection of information on 
those who are to respond, including using appropriate automated, 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology, e.g., by permitting electronic 
submissions of responses.
    Comments submitted in response to this notice will be summarized 
and/or included in the ICR for OMB approval of the extension of the 
information collection; they will also become a matter of public 
record.

    Approved: September 9, 2021.
Ronald J. Durbala,
IRS Tax Analyst.
[FR Doc. 2021-19779 Filed 9-13-21; 8:45 am]
BILLING CODE 4830-01-P