Proposed Collection; Comment Request for Regulation Project, 51447-51448 [2021-19881]

Download as PDF Federal Register / Vol. 86, No. 176 / Wednesday, September 15, 2021 / Notices programs may be obtained through the CDFI Fund’s website at www.cdfifund.gov. Supplementary Information: Section 104(d) of the Riegle Community Development and Regulatory Improvement Act of 1994 (Pub. L. 103– 325), which created the CDFI Fund, established the Advisory Board. The charter for the Advisory Board has been filed in accordance with the Federal Advisory Committee Act, as amended (5 U.S.C. App.), and with the approval of the Secretary of the Treasury. The function of the Advisory Board is to advise the Director of the CDFI Fund (who has been delegated the authority to administer the CDFI Fund) on the policies regarding the activities of the CDFI Fund. The Advisory Board does not advise the CDFI Fund on approving or declining any particular application for monetary or non-monetary awards. In accordance with section 10(a) of the Federal Advisory Committee Act, 5 U.S.C. App. 2 and the regulations thereunder, Bill Luecht, Designated Federal Officer of the Advisory Board, has ordered publication of this notice that the Advisory Board will convene an open meeting, which will be conducted virtually, from 3:30 p.m. to 5:00 p.m. Eastern Time on Thursday, September 30, 2021. Members of the public who wish to view the meeting can access the link to the livestream of the meeting at the top of www.cdfifund.gov/cdab. The Advisory Board meeting will include remarks by Treasury officials, the swearing-in of new members, a report from the CDFI Fund Director on the activities of the CDFI Fund since the last Advisory Board meeting, and a discussion of future priorities. Authority: 12 U.S.C. 4703. Jodie L. Harris, Director, Community Development Financial Institutions Fund. [FR Doc. 2021–19866 Filed 9–14–21; 8:45 am] BILLING CODE 4810–70–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. khammond on DSKJM1Z7X2PROD with NOTICES 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 SUMMARY: VerDate Sep<11>2014 17:08 Sep 14, 2021 Jkt 253001 opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning the foreign account tax compliance act registration. 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 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 Account Tax Compliance Act (FATCA) registration. OMB Number: 1545–2246. Form Numbers: 8966, 8957, 8966–C, 8809–I, and 8508–I. Abstract: The IRS developed these forms under the authority of IRC section 1471(b), which was added by Public Law 111–47, section 501(a). Section 1471 is part of the Foreign Account Tax Compliance Act (FATCA) legislative framework to obtain reporting from foreign financial institutions on the accounts held in their institutions by U.S. persons. Form 8957, Foreign Account Tax Compliance Act (FATCA) Registration information is to be used by a foreign financial institution to apply for status as a foreign financial institution as defined in IRC 1471(b)(2). The information from Form 8966, FATCA Report, is to be used by a responsible officer of a foreign institution to apply for a foreign account tax compliance Act individual identification number as defined in IRC 1471(b)(2). Form 8966–C is used to authenticate the Form 8966, U.S. Income Tax Return for Estates and Trusts, and to ensure the ability to identify discrepancies between the number of forms received versus those claimed to have been sent by the filer. Taxpayers use Form 8508–I to request a waiver from filing Form 8966 electronically. Form 8809–I is used to request an initial or additional extension of time for file 8966 for the current year. 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: Business or other forprofit organizations. PO 00000 Frm 00110 Fmt 4703 Sfmt 4703 51447 Form 8957 Estimated Number of Respondents: 30,620. Estimated Time per Response: 8 hours, 7 minutes. Estimated Total Annual Burden Hours: 249,247. Form 8966 Estimated Number of Respondents: 5,429,560. Estimated Time per Response: 25 minutes. Estimated Total Annual Burden Hours: 2,280,415. Form 8966–C Estimated Number of Respondents: 1,000. Estimated Time per Response: 7 minutes. Estimated Total Annual Burden Hours: 120. Form 8508–I Estimated Number of Respondents: 100. Estimated Time per Response: 4 hrs., 17 minutes. Estimated Total Annual Burden Hours: 429. Form 8809–I Estimated Number of Respondents: 5,000. Estimated Time per Response: 3 hrs., 22 minutes. Estimated Total Annual Burden Hours: 16,800. Totals for this collection (all five forms). Estimated Number of Respondents: 5,466,280. Estimated Total Annual Burden Hours: 2,547,011. 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 E:\FR\FM\15SEN1.SGM 15SEN1 51448 Federal Register / Vol. 86, No. 176 / Wednesday, September 15, 2021 / Notices 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: September 9, 2021. ChaKinna B. Clemons, Supervisory Tax Analyst. [FR Doc. 2021–19881 Filed 9–14–21; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Requesting Comments on Form 8932 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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Form 8932, Credit for Employer Differential Wage Payments. SUMMARY: 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 6526, 1111 Constitution Avenue NW, Washington, DC 20224. You must reference the information collection’s title, form number, reporting or record-keeping requirement number, and OMB number in your comment. DATES: khammond on DSKJM1Z7X2PROD with NOTICES FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Jon Callahan, (737) 800–7639, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at jon.r.callahan@ irs.gov. VerDate Sep<11>2014 17:08 Sep 14, 2021 Jkt 253001 The IRS is currently seeking comments concerning the following information collection tools, reporting, and record-keeping requirements: Title: Credit for Employer Differential Wage Payments. OMB Number: 1545–2126. Form Number: Form 8932. Abstract: Employers use Form 8932 to claim the credit for eligible differential wage payments made to qualified employees during the tax year. The credit is 20% of the first $20,000 of differential wage payments paid to each qualified employee. Current Actions: There is no change to the existing collection. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Responses: 21,100. Estimated Time per Respondent: 2 hours, 58 minutes. Estimated Total Annual Burden Hours: 62,456. The following paragraph applies to all of 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 as long as 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. SUPPLEMENTARY INFORMATION: PO 00000 Frm 00111 Fmt 4703 Sfmt 4703 Approved: September 7, 2021. Chakinna B. Clemons, Supervisory Tax Analyst. [FR Doc. 2021–19892 Filed 9–14–21; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Requesting Comments on Form 8850 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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Form 8850, PreScreening Notice and Certification Request for the Work Opportunity Credit. SUMMARY: 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 6526, 1111 Constitution Avenue NW, Washington, DC 20224. You must reference the information collection’s title, form number, reporting or record-keeping requirement number, and OMB number in your comment. DATES: FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Jon Callahan, (737) 800–7639, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at jon.r.callahan@ irs.gov. The IRS is currently seeking comments concerning the following information collection tools, reporting, and record-keeping requirements: Title: Pre-Screening Notice and Certification Request for the Work Opportunity Credit. OMB Number: 1545–1500. Form Number: Form 8850. Abstract: Employers use Form 8850 as part of a written request to a state employment security agency to certify an employee as a member of a targeted group for purposes of qualifying for the SUPPLEMENTARY INFORMATION: E:\FR\FM\15SEN1.SGM 15SEN1

Agencies

[Federal Register Volume 86, Number 176 (Wednesday, September 15, 2021)]
[Notices]
[Pages 51447-51448]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-19881]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

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 the 
foreign account tax compliance act registration.

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 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 Account Tax Compliance Act (FATCA) registration.
    OMB Number: 1545-2246.
    Form Numbers: 8966, 8957, 8966-C, 8809-I, and 8508-I.
    Abstract: The IRS developed these forms under the authority of IRC 
section 1471(b), which was added by Public Law 111-47, section 501(a). 
Section 1471 is part of the Foreign Account Tax Compliance Act (FATCA) 
legislative framework to obtain reporting from foreign financial 
institutions on the accounts held in their institutions by U.S. 
persons. Form 8957, Foreign Account Tax Compliance Act (FATCA) 
Registration information is to be used by a foreign financial 
institution to apply for status as a foreign financial institution as 
defined in IRC 1471(b)(2).
    The information from Form 8966, FATCA Report, is to be used by a 
responsible officer of a foreign institution to apply for a foreign 
account tax compliance Act individual identification number as defined 
in IRC 1471(b)(2). Form 8966-C is used to authenticate the Form 8966, 
U.S. Income Tax Return for Estates and Trusts, and to ensure the 
ability to identify discrepancies between the number of forms received 
versus those claimed to have been sent by the filer. Taxpayers use Form 
8508-I to request a waiver from filing Form 8966 electronically. Form 
8809-I is used to request an initial or additional extension of time 
for file 8966 for the current year.
    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: Business or other for-profit organizations.

Form 8957

    Estimated Number of Respondents: 30,620.
    Estimated Time per Response: 8 hours, 7 minutes.
    Estimated Total Annual Burden Hours: 249,247.

Form 8966

    Estimated Number of Respondents: 5,429,560.
    Estimated Time per Response: 25 minutes.
    Estimated Total Annual Burden Hours: 2,280,415.

Form 8966-C

    Estimated Number of Respondents: 1,000.
    Estimated Time per Response: 7 minutes.
    Estimated Total Annual Burden Hours: 120.

Form 8508-I

    Estimated Number of Respondents: 100.
    Estimated Time per Response: 4 hrs., 17 minutes.
    Estimated Total Annual Burden Hours: 429.

Form 8809-I

    Estimated Number of Respondents: 5,000.
    Estimated Time per Response: 3 hrs., 22 minutes.
    Estimated Total Annual Burden Hours: 16,800.
    Totals for this collection (all five forms).
    Estimated Number of Respondents: 5,466,280.
    Estimated Total Annual Burden Hours: 2,547,011.
    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

[[Page 51448]]

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: September 9, 2021.
ChaKinna B. Clemons,
Supervisory Tax Analyst.
[FR Doc. 2021-19881 Filed 9-14-21; 8:45 am]
BILLING CODE 4830-01-P


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