Proposed Collection; Comment Request for Guidance on Reporting Interest Paid to Nonresident Aliens, 70608-70609 [2021-26703]
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70608
Dated: December 6, 2021.
Bradley T. Smith,
Acting Director, Office of Foreign Assets
Control, U.S. Department of the Treasury.
[FR Doc. 2021–26758 Filed 12–9–21; 8:45 am]
BILLING CODE 4810–AL–C
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Guidance on Reporting
Interest Paid to Nonresident Aliens
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments for guidance on reporting
interest paid to nonresident aliens.
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 guidance on reporting
interest paid to nonresident aliens.
DATES: Written comments should be
received on or before February 8, 2022
to be assured of consideration.
jspears on DSK121TN23PROD with NOTICES1
SUMMARY:
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Jkt 256001
Direct all written comments
to Andres Garcia, 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 at
Internal Revenue Service, Room 6526,
1111 Constitution Avenue NW,
Washington DC 20224, or through the
internet, at Kerry.Dennis@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Guidance on Reporting Interest
Paid to Nonresident Aliens.
OMB Number: 1545–1725.
Regulation Project Number: TD 9584.
Abstract: This document contains
final regulations that provide guidance
on the reporting requirements for
interest on deposits maintained at the
U. S. office of certain financial
institutions and paid to nonresident
alien individuals. These proposed
regulations affect persons making
payments of interest with respect to
such a deposit.
Current Actions: There is no change to
the existing regulation or burden at this
time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
ADDRESSES:
PO 00000
Frm 00179
Fmt 4703
Sfmt 4703
Estimated Number of Respondents:
2,000.
Estimated Time per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 5,000 hours.
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
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Federal Register / Vol. 86, No. 235 / Friday, December 10, 2021 / Notices
Federal Register / Vol. 86, No. 235 / Friday, December 10, 2021 / Notices
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: December 6, 2021.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2021–26703 Filed 12–9–21; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF TREASURY
Internal Revenue Service
Electronic Tax Administration
Advisory Committee (ETAAC)
Nominations
Internal Revenue Service,
Department of Treasury.
ACTION: Request for nominations.
AGENCY:
The Internal Revenue Service
(IRS) is requesting applications from
individuals with experience in such
areas as state tax administration,
cybersecurity and information security,
tax software development, tax
preparation, payroll and tax financial
product processing, systems
management and improvement,
implementation of customer service
initiatives, public administration, and
consumer advocacy to be considered for
selection as members of the Electronic
Tax Administration Advisory
Committee (ETAAC).
DATES: Written nominations must be
received on or before Jan. 31, 2022.
ADDRESSES: Applications may be
submitted via fax to 855–811–8020 or
via email to PublicLiaison@irs.gov.
Application packages are available on
the IRS website at https://www.irs.gov/
e-file-providers/apply-for-membershipon-the-electronic-tax-administrationadvisory-committee-etaac. Application
packages may also be requested by
telephone from National Public Liaison,
202–317–6247 (not a toll-free number).
FOR FURTHER INFORMATION CONTACT:
Sean Parman at (202) 317–6247, or send
an email to publicliaison@irs.gov.
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SUMMARY:
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Jkt 256001
The IRS
strongly encourages representatives
from consumer groups with an interest
in tax issues to apply.
Nominations should describe and
document the proposed member’s
qualifications for ETAAC membership,
including the applicant’s knowledge of
regulations and the applicant’s past or
current affiliations and involvement
with the particular tax segment or
segments of the community that the
applicant wishes to represent on the
committee. Applications will be
accepted for current vacancies from
qualified individuals and from
professional and public interest groups
that wish to have representation on
ETAAC. Submissions must include an
application and resume.
ETAAC provides continuing input
into the development and
implementation of the IRS
organizational strategy for electronic tax
administration. The ETAAC provides an
organized public forum for discussion of
electronic tax administration issues—
such as prevention of identity theftrelated refund fraud—in support of the
overriding goal that paperless filing
should be the preferred and most
convenient method of filing tax and
information returns. ETAAC members
work closely with the Security Summit,
a joint effort of the IRS, state tax
administrators and the nation’s tax
industry, to fight identity theft and
refund fraud. ETAAC members convey
the public’s perceptions of IRS
electronic tax administration activities,
offer constructive observations about
current or proposed policies, programs
and procedures, and suggest
improvements.
This is a volunteer position. Members
will serve three-year terms on the
ETAAC to allow for a rotation in
membership and ensure different
perspectives are represented. Travel
expenses within government guidelines
will be reimbursed. In accordance with
Department of Treasury Directive 21–03,
a clearance process including
fingerprints, annual tax checks, a
Federal Bureau of Investigation criminal
check and a practitioner check with the
Office of Professional Responsibility
will be conducted.
The establishment and operation of
the Electronic Tax Administration
SUPPLEMENTARY INFORMATION:
PO 00000
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Fmt 4703
Sfmt 9990
70609
Advisory Committee (ETAAC) is
required by the Internal Revenue
Service (IRS) Restructuring and Reform
Act of 1998 (RRA 98), Title II, Section
2001(b)(2). ETAAC follows a charter in
accordance with the provisions of the
Federal Advisory Committee Act
(FACA), 5 U.S.C., app. 2. The ETAAC
provides continued input into the
development and implementation of the
IRS’s strategy for electronic tax
administration. The ETAAC will
research, analyze, consider, and make
recommendations on a wide range of
electronic tax administration issues and
will provide input into the development
of the strategic plan for electronic tax
administration. Members will provide
an annual report to Congress by June 30.
Applicants must complete the
application form, which includes
describing and documenting the
applicant’s qualifications for ETAAC
membership. Applicants must submit a
short one or two-page statement
including recent examples of specific
skills and qualifications as they relate
to: cybersecurity and information
security, tax software development, tax
preparation, payroll and tax financial
product processing, systems
management and improvement,
implementation of customer service
initiatives, consumer advocacy and
public administration. Examples of
critical thinking, strategic planning and
oral and written communication are
desirable.
An acknowledgement of receipt will
be sent to all applicants.
Equal opportunity practices will be
followed in all appointments to the
ETAAC in accordance with Department
of Treasury and IRS policies. The IRS
has a special interest in assuring that
women and men, members of all races
and national origins, and individuals
with disabilities have an opportunity to
serve on advisory committees.
Therefore, IRS extends particular
encouragement to nominations from
such appropriately qualified
individuals.
Dated: December 6, 2022.
John A. Lipold,
Designated Federal Official.
[FR Doc. 2021–26776 Filed 12–9–21; 8:45 am]
BILLING CODE P
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]]>Agencies
[Federal Register Volume 86, Number 235 (Friday, December 10, 2021)]
[Notices]
[Pages 70608-70609]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-26703]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Guidance on Reporting
Interest Paid to Nonresident Aliens
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments for guidance on reporting
interest paid to nonresident aliens.
-----------------------------------------------------------------------
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
guidance on reporting interest paid to nonresident aliens.
DATES: Written comments should be received on or before February 8,
2022 to be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, 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 at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington DC 20224, or through the internet, at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Guidance on Reporting Interest Paid to Nonresident Aliens.
OMB Number: 1545-1725.
Regulation Project Number: TD 9584.
Abstract: This document contains final regulations that provide
guidance on the reporting requirements for interest on deposits
maintained at the U. S. office of certain financial institutions and
paid to nonresident alien individuals. These proposed regulations
affect persons making payments of interest with respect to such a
deposit.
Current Actions: There is no change to the existing regulation or
burden at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 2,000.
Estimated Time per Respondent: 15 minutes.
Estimated Total Annual Burden Hours: 5,000 hours.
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
[[Page 70609]]
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: December 6, 2021.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2021-26703 Filed 12-9-21; 8:45 am]
BILLING CODE 4830-01-P
