List of Countries Requiring Cooperation With an International Boycott, 59866 [2022-21397]
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Federal Register / Vol. 87, No. 190 / Monday, October 3, 2022 / Notices
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to comment on
proposed or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently, the Office of Foreign Assets
Control (OFAC) within the Department
of the Treasury is soliciting comments
concerning OFAC’s information
collection requirements for persons
using remittance forwarding services
related to Cuba, which are contained
within the Cuban Assets Control
Regulations.
SUMMARY:
Written comments must be
submitted on or before December 2,
2022 to be assured of consideration.
ADDRESSES: You may submit comments
by either of the following methods:
Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions on the website for
submitting comments.
Email: OFACreport@treasury.gov with
Attn: Request for Comments (Cuban
Remittance Forwarding Services).
Instructions: All submissions received
must include the agency name and refer
to Docket Number OFAC–2022–0004
and the Office of Management and
Budget (OMB) control number 1505–
0167. Comments received will be made
available to the public via https://
www.regulations.gov or upon request,
without change and including any
personal information provided.
FOR FURTHER INFORMATION CONTACT:
OFAC: Assistant Director for Licensing,
202–622–2480; Assistant Director for
Regulatory Affairs, 202–622–4855; or
Assistant Director for Sanctions
Compliance & Evaluation, 202–622–
2490.
DATES:
lotter on DSK11XQN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
Title: Persons Providing Remittance
Forwarding Services to Cuba.
OMB Number: 1505–0167.
Type of Review: Extension without
change of a currently approved
collection.
Description: Requirements to retain
records are codified in § 515.572(b) of
the Cuban Assets Control Regulations,
31 CFR part 515 (the ‘‘Regulations’’).
Pursuant to 515.572(b)(1), persons
subject to U.S. jurisdiction who provide
authorized remittance forwarding
services related to Cuba are required to
maintain for at least five years from the
date of the transaction a certification
from each customer indicating the
section of Regulations or, if relevant, the
number of the specific license, that
authorizes the person to send the
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remittance to Cuba. The recordkeeping
burden associated with § 515.572(b)(2)
is addressed in 1505–0164.
The records covered by this
information collection must be provided
on request to the U.S. Department of the
Treasury and will be used to monitor
compliance with regulations governing
transactions related to authorized
remittances to or from Cuba using
remittance forwarding service providers
who are persons subject to U.S.
jurisdiction.
Forms: Section 515.572(b)(1) does not
specify any particular form of
recordkeeping.
Affected Public: Individuals,
households, businesses, nongovernmental organizations and banking
institutions. The likely respondents and
record-keepers affected by this
collection of information are persons
using and providing U.S. remittance
forwarding services.
Estimated Number of Unique
Respondents: Based on newly acquired
data and OFAC’s revised methodology,
the estimated number of annual
respondents is 1,500,000.
Estimated Number of Records per
Respondent: Based on newly acquired
data and OFAC’s revised methodology,
the estimated number of records is
approximately 1.2 records per
respondent per year. (Some respondents
may produce far more records; 1.2
records per respondent is an average.)
Estimated Total Number of Annual
Records: Based on additional data and
OFAC’s revised methodology, as well as
the effects of the pandemic and
regulatory changes, the estimated total
number of annual records is
approximately 1,800,000.
Estimated Time Per Record: OFAC
assesses that there is an average time
estimate of 1 minute per record.
Estimated Total Annual Burden
Hours: The estimated total annual
reporting burden is approximately
1,800,000 minutes or approximately
30,000 hours.
Request for Comments
Comments submitted in response to
this notice will be summarized and
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 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
PO 00000
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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
required to provide information.
(Authority: 44 U.S.C. 3501 et seq.)
Andrea Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022–21209 Filed 9–30–22; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of the Secretary
List of Countries Requiring
Cooperation With an International
Boycott
In accordance with section 999(a)(3)
of the Internal Revenue Code of 1986,
the Department of the Treasury is
publishing a current list of countries
which require or may require
participation in, or cooperation with, an
international boycott (within the
meaning of section 999(b)(3) of the
Internal Revenue Code of 1986).
On the basis of the best information
currently available to the Department of
the Treasury, the following countries
require or may require participation in,
or cooperation with, an international
boycott (within the meaning of section
999(b)(3) of the Internal Revenue Code
of 1986).
Iraq
Kuwait
Lebanon
Libya
Qatar
Saudi Arabia
Syria
Yemen
Lindsay Kitzinger,
Acting International Tax Counsel, (Tax
Policy).
[FR Doc. 2022–21397 Filed 9–30–22; 8:45 am]
BILLING CODE 4810–AK–P
DEPARTMENT OF VETERANS
AFFAIRS
Advisory Committee on Cemeteries
and Memorials, Notice of Meeting
The Department of Veterans Affairs
(VA) gives notice under the Federal
Advisory Committee Act, 5 U.S.C. app.
2, that the annual meeting of the
Advisory Committee on Cemeteries and
Memorials (the Committee) will be held
Wednesday, November 2–Thursday,
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[Federal Register Volume 87, Number 190 (Monday, October 3, 2022)]
[Notices]
[Page 59866]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-21397]
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DEPARTMENT OF THE TREASURY
Office of the Secretary
List of Countries Requiring Cooperation With an International
Boycott
In accordance with section 999(a)(3) of the Internal Revenue Code
of 1986, the Department of the Treasury is publishing a current list of
countries which require or may require participation in, or cooperation
with, an international boycott (within the meaning of section 999(b)(3)
of the Internal Revenue Code of 1986).
On the basis of the best information currently available to the
Department of the Treasury, the following countries require or may
require participation in, or cooperation with, an international boycott
(within the meaning of section 999(b)(3) of the Internal Revenue Code
of 1986).
Iraq
Kuwait
Lebanon
Libya
Qatar
Saudi Arabia
Syria
Yemen
Lindsay Kitzinger,
Acting International Tax Counsel, (Tax Policy).
[FR Doc. 2022-21397 Filed 9-30-22; 8:45 am]
BILLING CODE 4810-AK-P
