Proposed Collection; Comment Request for Forms 8288, 8288-A and 8288-C, 54596-54597 [2022-19128]

Download as PDF 54596 Federal Register / Vol. 87, No. 171 / Tuesday, September 6, 2022 / Notices consultants, and others performing or working on a contract, service, cooperative agreement, or other assignment for DOT, when necessary to accomplish an agency function related to this system of records. 15. DOT may disclose records from this system, as a routine use, to an agency, organization, or individual for the purpose of performing audit or oversight operations related to this system of records, but only such records as are necessary and relevant to the audit or oversight activity. This routine use does not apply to intra-agency sharing authorized under section (b)(1) of the Privacy Act. 16. DOT may disclose from this system, as a routine use, records consisting of, or relating to, terrorism information (6 U.S.C. 485(a)(5)), homeland security information (6 U.S.C. 482(f)(1)), or Law enforcement information (Guideline 2 Report attached to White House Memorandum, ‘‘Information Sharing Environment’’, November 22, 2006) to a federal, state, local, tribal, territorial, foreign government and/or multinational agency, either in response to its request or upon the initiative of the Component, for purposes of sharing such information as is necessary and relevant for the agencies to detect, prevent, disrupt, preempt, and mitigate the effects of terrorist activities against the territory, people, and interests of the United States of America, as contemplated by the Intelligence Reform and Terrorism Prevention Act of 2004 (Pub. L. 108–458) and Executive Order 13388 (October 25, 2005). Records in this system of records are stored in hard copy format in a secure facility and in an electronic database system. POLICIES AND PRACTICES FOR RETENTION AND DISPOSAL OF RECORDS: jspears on DSK121TN23PROD with NOTICES Individuals seeking notification of whether this system of records contains information about them may contact the System Manager at the address provided in the section ‘‘System Manager’’. When seeking records about yourself from this system of records or any other Departmental system of records, your request must conform to the Privacy Act regulations set forth in 49 CFR part 10. You must sign your request and your signature must either be notarized or submitted under 28 U.S.C. 1746, a law that permits statements to be made under penalty of perjury as a substitute for notarization. If your request is seeking records pertaining to another living individual, you must include a statement from that individual certifying his/her agreement for you to access his/her records. CONTESTING RECORD PROCEDURES: NOTIFICATION PROCEDURES: See ‘‘Record Access Procedures’’ above. None. Records in this system are primarily retrieved by name, designee number, and airman certificate number of the individual on whom the records are maintained. The FAA will maintain records for 25 years following the designee’s inactive status. The FAA will retain records in this system of records as permanent records until it receives an approval of record disposition authority from NARA, pursuant to 36 CFR 1225.16 and 1225.18. Jkt 256001 RECORD ACCESS PROCEDURES: EXEMPTIONS PROMULGATED FOR THE SYSTEM: POLICIES AND PRACTICES FOR RETRIEVAL OF RECORDS: 20:04 Sep 02, 2022 Records in this system are safeguarded in accordance with applicable rules and policies, including all applicable DOT automated systems security and access policies. Strict controls have been imposed to minimize the risk of compromising the information that is being stored. Access to records in this system is limited to those individuals who have a need to know the information for the performance of their official duties and who have appropriate clearances or permissions. See ‘‘Record Access Procedures’’ above. POLICIES AND PRACTICES FOR STORAGE OF RECORDS: VerDate Sep<11>2014 ADMINISTRATIVE, TECHNICAL, AND PHYSICAL SAFEGUARDS: HISTORY: A full notice of this system of records, DOT/FAA 830—Representatives of the Administrator was published in the Federal Register on April 11, 2000 (65 FR 19525). A full notice of DOT/FAA 822 Aviation Medical Examiner System was published on April 11, 2000 (65 FR 19522). Issued in Washington, DC. Karyn Gorman, Acting Departmental Chief Privacy Officer. [FR Doc. 2022–19024 Filed 9–2–22; 8:45 am] BILLING CODE 4910–9X–P PO 00000 Frm 00148 Fmt 4703 Sfmt 4703 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Forms 8288, 8288–A and 8288–C Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), 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 information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons and Statement of Withholding on Certain Dispositions by Foreign Persons. DATES: Written comments should be received on or before November 7, 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, or by email to pra.comments@irs.gov. Include ‘‘OMB Number 1545–0902–U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons and Statement of Withholding on Certain Dispositions by Foreign Persons’’ in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this collection should be directed to Martha R. Brinson, at (202)317–5753, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons and Statement of Withholding on Certain Dispositions by Foreign Persons. OMB Number: 1545–0902. Form Numbers: 8288, 8288–A and 8288–C. Abstract: Internal Revenue Code section 1445 requires transferees to withhold tax on the amount realized from sales or other dispositions by foreign persons. Form 8288 is used to report and transmit the amount withheld to the IRS. Form 8288–A is used by the IRS to validate the withholding, and a copy is returned to the transferor for his or her use in filing a tax return. Form 8288–C is used as SUMMARY: E:\FR\FM\06SEN1.SGM 06SEN1 jspears on DSK121TN23PROD with NOTICES Federal Register / Vol. 87, No. 171 / Tuesday, September 6, 2022 / Notices evidence of the amount of your section 1.446(f)(1) liability that you satisfied. Current Actions: The following changes have been made to the forms. Changes to Form 8288: (1) The form title has been changed to ‘‘U.S. Withholding Tax Return for Certain Dispositions by Foreign Persons’’. (2) The ‘‘entity’’ information (Withholding Agent Information) was separated into Parts I and II to its own sections, to avoid processing and repetition issues. (3) New Line 4 (Withholding Agent Information) was added to the entity section. (4) We added 10(b) to allow the large trust to identify that the withholding being reported is a result of the large trust election previously made. (5) New Parts II, IV, and V were added for reporting witholding under section 1446(f)(1) and 1446(f)(4), due to the final regulation in TD 9226, which has an effective date of 1/1/23, per Notice 2021–51. Changes to Form 8288–A: (1) The form title has been changed to ‘‘Statement of Withholding on Certain Dispositions by Foreign Persons’’. (2) New box 5 was added to (identify the withholding under the specific section). (3) A new checkbox was added to box 6 for ‘‘Partnerships’’. The burden estimates below do not include estimates for business or individual filers. These estimates are for all other filers only as business estimates are reported under 1545–0123 and individual estimates are reported under 1545–0074. Type of Review: Revisions of a currently approved collection. Affected Public: Business or other forprofit organizations and individuals or households. Form 8288: Estimated Number of Respondents: 80,000. Estimated Time per Respondent: 17 hr., 24 min. Estimated Total Annual Burden Hours: 1,399,200. Form 8288–A: Estimated Number of Respondents: 87,500. Estimated Time per Respondent: 3 hr., 59 min. Estimated Total Annual Burden Hours: 343,875. Form 8288–C: Estimated Number of Respondents: 70,000. Estimated Time per Respondent: 25 min. Estimated Total Annual Burden Hours: 17,500. VerDate Sep<11>2014 20:04 Sep 02, 2022 Jkt 256001 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. Comments will be 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 has 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 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: August 30, 2022. Martha R. Brinson, Tax Analyst. 54597 The Unified Carrier Registration Plan Finance Subcommittee (the ‘‘Subcommittee’’) will continue its work in developing and implementing the Unified Carrier Registration Plan and Agreement. The subject matter of this meeting will include: MATTERS TO BE CONSIDERED: Proposed Agenda I. Call to Order—UCR Finance Subcommittee Chair The UCR Finance Subcommittee Chair will welcome attendees, call the meeting to order, call roll for the Finance Subcommittee, confirm whether a quorum is present, and facilitate self-introductions. II. Verification of Meeting Notice—UCR Executive Director The UCR Executive Director will verify the publication of the meeting notice on the UCR website and distribution to the UCR contact list via email followed by the subsequent publication of the notice in the Federal Register. III. Review and Approval of Finance Subcommittee Agenda and Setting of Ground Rules—UCR Finance Subcommittee Chair For Discussion and Possible Subcommittee Action The agenda will be reviewed and the UCR Finance Subcommittee will consider adoption. Ground Rules [FR Doc. 2022–19128 Filed 9–2–22; 8:45 am] ➢ Subcommittee action only to be taken in designated areas on the agenda. BILLING CODE 4830–01–P UNIFIED CARRIER REGISTRATION PLAN Sunshine Act; Meeting September 13, 2022, 12:00 p.m. to 2:00 p.m., Eastern time. PLACE: This meeting will be accessible via conference call and via Zoom Meeting and Screenshare. Any interested person may call (i) 1–929– 205–6099 (US Toll) or 1–669–900–6833 (US Toll) or (ii) 1–877–853–5247 (US Toll Free) or 1–888–788–0099 (US Toll Free), Meeting ID: 987 2483 0316, to listen and participate in this meeting. The website to participate via Zoom Meeting and Screenshare is https:// kellen.zoom.us/meeting/register/ tJwqde2grTspG9LUvr49_ ACw9PebLM18Twrw. STATUS: This meeting will be open to the public. TIME AND DATE: PO 00000 Frm 00149 Fmt 4703 Sfmt 4703 IV. Review and Approval of Minutes From the July 19, 2022 Meeting—UCR Finance Subcommittee Chair For Discussion and Possible Subcommittee Action Draft minutes from the July 19, 2022 UCR Finance Subcommittee meeting conducted in San Diego, CA will be reviewed. The UCR Finance Subcommittee will consider action to approve. V. Review 2024 and 2025 Fee Recommendation Approved by the UCR Board of Directors—UCR Finance Subcommittee Chair and UCR Depository Manager The UCR Finance Subcommittee Chair and UCR Depository Manager will update the UCR Finance Subcommittee regarding the 2024 and 2025 fee change recommendation that was authorized on August 11, 2022 by the UCR Board of Directors. E:\FR\FM\06SEN1.SGM 06SEN1

Agencies

[Federal Register Volume 87, Number 171 (Tuesday, September 6, 2022)]
[Notices]
[Pages 54596-54597]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-19128]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Forms 8288, 8288-A and 
8288-C

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Internal Revenue Service (IRS), 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 information collections, as required by the Paperwork Reduction Act 
of 1995. The IRS is soliciting comments concerning U.S. Withholding Tax 
Return for Certain Dispositions by Foreign Persons and Statement of 
Withholding on Certain Dispositions by Foreign Persons.

DATES: Written comments should be received on or before November 7, 
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, or by email to [email protected]. Include ``OMB Number 1545-
0902-U.S. Withholding Tax Return for Certain Dispositions by Foreign 
Persons and Statement of Withholding on Certain Dispositions by Foreign 
Persons'' in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of this collection should be directed to Martha R. Brinson, at 
(202)317-5753, or at Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: U.S. Withholding Tax Return for Certain Dispositions by 
Foreign Persons and Statement of Withholding on Certain Dispositions by 
Foreign Persons.
    OMB Number: 1545-0902.
    Form Numbers: 8288, 8288-A and 8288-C.
    Abstract: Internal Revenue Code section 1445 requires transferees 
to withhold tax on the amount realized from sales or other dispositions 
by foreign persons. Form 8288 is used to report and transmit the amount 
withheld to the IRS. Form 8288-A is used by the IRS to validate the 
withholding, and a copy is returned to the transferor for his or her 
use in filing a tax return. Form 8288-C is used as

[[Page 54597]]

evidence of the amount of your section 1.446(f)(1) liability that you 
satisfied.
    Current Actions: The following changes have been made to the forms.
    Changes to Form 8288:
    (1) The form title has been changed to ``U.S. Withholding Tax 
Return for Certain Dispositions by Foreign Persons''.
    (2) The ``entity'' information (Withholding Agent Information) was 
separated into Parts I and II to its own sections, to avoid processing 
and repetition issues.
    (3) New Line 4 (Withholding Agent Information) was added to the 
entity section.
    (4) We added 10(b) to allow the large trust to identify that the 
withholding being reported is a result of the large trust election 
previously made.
    (5) New Parts II, IV, and V were added for reporting witholding 
under section 1446(f)(1) and 1446(f)(4), due to the final regulation in 
TD 9226, which has an effective date of 1/1/23, per Notice 2021-51.
    Changes to Form 8288-A:
    (1) The form title has been changed to ``Statement of Withholding 
on Certain Dispositions by Foreign Persons''.
    (2) New box 5 was added to (identify the withholding under the 
specific section).
    (3) A new checkbox was added to box 6 for ``Partnerships''.
    The burden estimates below do not include estimates for business or 
individual filers. These estimates are for all other filers only as 
business estimates are reported under 1545-0123 and individual 
estimates are reported under 1545-0074.
    Type of Review: Revisions of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
individuals or households.
    Form 8288:
    Estimated Number of Respondents: 80,000.
    Estimated Time per Respondent: 17 hr., 24 min.
    Estimated Total Annual Burden Hours: 1,399,200.
    Form 8288-A:
    Estimated Number of Respondents: 87,500.
    Estimated Time per Respondent: 3 hr., 59 min.
    Estimated Total Annual Burden Hours: 343,875.
    Form 8288-C:
    Estimated Number of Respondents: 70,000.
    Estimated Time per Respondent: 25 min.
    Estimated Total Annual Burden Hours: 17,500.
    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. 
Comments will be 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 has 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 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: August 30, 2022.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2022-19128 Filed 9-2-22; 8:45 am]
BILLING CODE 4830-01-P

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