Survey of U.S. Ownership of Foreign Securities as of December 31, 2022, 77169-77170 [2022-27258]

Download as PDF Federal Register / Vol. 87, No. 241 / Friday, December 16, 2022 / Notices DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Information Collection Tools Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: 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 take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13. Currently, the IRS is soliciting comments concerning Form 972, Consent of Shareholder To Include Specific Amount in Gross Income. DATES: Written comments should be received on or before February 14, 2023 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 1545–0043 or Consent of Shareholder To Include Specific Amount in Gross Income in the subject line of the message. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of this collection should be directed to LaNita Van Dyke, at (202)317–6009, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Lanita.VanDyke@irs.gov. SUPPLEMENTARY INFORMATION: Title: Consent of Shareholder To Include Specific Amount in Gross Income. OMB Number: 1545–0043. Form Number: 972. Abstract: Form 972 is filed by shareholders of corporations who agree to include a consent dividend in gross income as a taxable dividend. The IRS uses Form 972 as a check to see if an amended return is filed by the shareholder to include the amount in income and to determine if the corporation claimed the correct amount as a deduction on its tax return. Current Actions: There is no change in the paperwork burden previously approved by OMB. Type of Review: Extension of a currently approved collection. lotter on DSK11XQN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 20:05 Dec 15, 2022 Jkt 259001 Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 100. Estimated Time per Respondent: 3 hrs, 51 min. Estimated Total Annual Burden Hours: 385. 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. Approved: December 12, 2022. Molly J. Stasko, Supervisory Tax Analyst. [FR Doc. 2022–27247 Filed 12–15–22; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Survey of U.S. Ownership of Foreign Securities as of December 31, 2022 Departmental Offices, Department of the Treasury. ACTION: Notice of reporting requirements. AGENCY: Summary: By this Notice, the Department of the Treasury is informing the public that it is conducting a mandatory survey of ownership of foreign securities by U.S. residents as of PO 00000 Frm 00113 Fmt 4703 Sfmt 4703 77169 December 31, 2022. This Notice constitutes legal notification to all United States persons (defined below) who meet the reporting requirements set forth in this Notice that they must respond to, and comply with, this survey. The reporting form SHCA (2022) and instructions may be printed from the internet at:https:// home.treasury.gov/data/treasuryinternational-capital-tic-system-homepage/tic-forms-instructions/forms-shc. Definition: Pursuant to 22 U.S.C. 3102(3) and (4): a person means any individual, branch, partnership, associated group, association, estate, trust, corporation, or other organization (whether or not organized under the laws of any State), and any government (including a foreign government, the United States Government, a State or local government, and any agency, corporation, financial institution, or other entity or instrumentality thereof, including a government-sponsored agency); and a United States person means any person resident in the United States or subject to the jurisdiction of the United States. Who Must Report: The reporting panel is based upon the data submitted for the 2021 Benchmark survey and the June 2022 TIC report ‘‘Aggregate Holdings of Long-Term Securities by U.S. and Foreign Residents’’ (TIC SLT). Entities required to report will be contacted individually by the Federal Reserve Bank of New York. Entities not contacted by the Federal Reserve Bank of New York have no reporting responsibilities. What to Report: This report will collect information on holdings by U.S. residents of foreign securities, including equities, long-term debt securities, and short-term debt securities (including selected money market instruments). How to Report: Copies of the survey forms and instructions, which contain complete information on reporting procedures and definitions, may be obtained at the website address given above in the Summary. Completed reports can be submitted electronically or via email at SHC.help@ny.frb.org. Inquiries can be made to the survey staff of the Federal Reserve Bank of New York at (212) 720–6300 or email: SHC.help@ny.frb.org. Inquiries can also be made to Dwight Wolkow at (202) 622–1276, email: comments2TIC@ do.treas.gov. When to Report: Data must be submitted to the Federal Reserve Bank of New York, acting as fiscal agent for the Department of the Treasury, by March 3, 2023. Paperwork Reduction Act Notice: This data collection has been approved by E:\FR\FM\16DEN1.SGM 16DEN1 77170 Federal Register / Vol. 87, No. 241 / Friday, December 16, 2022 / Notices the Office of Management and Budget (OMB) in accordance with the Paperwork Reduction Act and assigned control number 1505–0146. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid control number assigned by OMB. The estimated average annual burden associated with this collection of information is 49 hours per respondent for end-investors and custodians that file Schedule 3 reports covering their foreign securities entrusted to U.S. resident custodians, 146 hours per respondent for large endinvestors filing Schedule 2 reports, and 546 hours per respondent for large custodians of securities filing Schedule 2 reports. Comments concerning the accuracy of this burden estimate and suggestions for reducing this burden should be directed to the Department of the Treasury, Attention: Administrator, International Portfolio Investment Data Reporting Systems, Room 1050, Washington, DC 20220, and to OMB, Attention: Desk Officer for the Department of the Treasury, Office of Information and Regulatory Affairs, Washington, DC 20503. In light of the current pandemic, please also email comments to Dwight Wolkow at: comments2TIC@do.treas.gov. Dwight Wolkow, Administrator, International Portfolio Investment Data Reporting Systems. [FR Doc. 2022–27258 Filed 12–15–22; 8:45 am] lotter on DSK11XQN23PROD with NOTICES1 BILLING CODE 4810–AK–P VerDate Sep<11>2014 20:05 Dec 15, 2022 Jkt 259001 DEPARTMENT OF VETERANS AFFAIRS Veterans’ Family, Caregiver, and Survivor Advisory Committee, Notice of Meeting The Department of Veterans Affairs (VA) gives notice under the Federal Advisory Committee Act (FACA), 5 U.S.C., App. 2, that the Veterans’ Family, Caregiver and Survivor Advisory Committee will meet inperson on January 25–26, 2023. The meeting will be held at the American Red Cross, 430 17th Street NW, Washington, DC 20006. The meeting sessions will begin and end as follows: Date Time January 25, 2023 ...... 9 a.m. to 4:30 p.m. EST. 9 a.m. to 2 p.m. EST. January 26, 2023 ...... The meetings are open to the public. The purpose of the Committee is to advise the Secretary of Veterans Affairs on matters related to: the need of Veterans’ families, caregivers and survivors across all generations, relationships, and Veterans status; the use of VA care, benefits and memorial services by Veterans’ families, caregivers and survivors, and opportunities for improvements to the experience using such services; VA policies, regulations, and administrative requirements related to the transition of Servicemembers from the Department of Defense (DoD) to enrollment in VA that impact Veterans’ families, caregivers and survivors; and factors that influence access to, quality of, and accountability for services, benefits and memorial services for Veterans’ families, caregivers and survivors. PO 00000 Frm 00114 Fmt 4703 Sfmt 9990 On Wednesday, January 25 and Thursday, January 26, 2023, the agenda will include opening remarks from the Committee Chair and the Chief Veterans Experience Officer. There will be updates on the Caregiver Support Program, PACT Act and briefings by the subcommittee chairs on the proposed recommendations for approval by the Committee. Time will be allocated for receiving public comments on January 25, 2023, 3:30 p.m. to 4:30 p.m. EST. Individuals wishing to make public comments should contact Dr. Betty Moseley Brown at (210) 392–2505 or at VEOFACA@ va.gov and are requested to submit a 1– 2 page summary of their comments for inclusion in the official meeting record. In the interest of time, each speaker will be held to a 5-minute time limit. The Committee will accept written comments from interested parties on issued outlined in the meeting agenda until Friday, January 20, 2023 at 5 p.m. EST. Each public speaker will receive a confirmed time for speaking via email from the Designated Federal Official. Members of the public interested in attending should submit their name to VEOFACA@va.gov by Friday, January 20, 2023, to help expedite the sign-in process. Any member of the public seeking additional information should contact Betty Moseley Brown, Designated Federal Official, at Betty.MoseleyBrown@va.gov or (210) 392–2505. Dated: December 12, 2022. Jelessa M. Burney, Federal Advisory Committee Management Officer. [FR Doc. 2022–27243 Filed 12–15–22; 8:45 am] BILLING CODE P E:\FR\FM\16DEN1.SGM 16DEN1

Agencies

[Federal Register Volume 87, Number 241 (Friday, December 16, 2022)]
[Notices]
[Pages 77169-77170]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-27258]


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DEPARTMENT OF THE TREASURY


Survey of U.S. Ownership of Foreign Securities as of December 31, 
2022

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of reporting requirements.

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

    Summary: By this Notice, the Department of the Treasury is 
informing the public that it is conducting a mandatory survey of 
ownership of foreign securities by U.S. residents as of December 31, 
2022. This Notice constitutes legal notification to all United States 
persons (defined below) who meet the reporting requirements set forth 
in this Notice that they must respond to, and comply with, this survey. 
The reporting form SHCA (2022) and instructions may be printed from the 
internet at:https://home.treasury.gov/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions/forms-shc.
    Definition: Pursuant to 22 U.S.C. 3102(3) and (4): a person means 
any individual, branch, partnership, associated group, association, 
estate, trust, corporation, or other organization (whether or not 
organized under the laws of any State), and any government (including a 
foreign government, the United States Government, a State or local 
government, and any agency, corporation, financial institution, or 
other entity or instrumentality thereof, including a government-
sponsored agency); and a United States person means any person resident 
in the United States or subject to the jurisdiction of the United 
States.
    Who Must Report: The reporting panel is based upon the data 
submitted for the 2021 Benchmark survey and the June 2022 TIC report 
``Aggregate Holdings of Long-Term Securities by U.S. and Foreign 
Residents'' (TIC SLT). Entities required to report will be contacted 
individually by the Federal Reserve Bank of New York. Entities not 
contacted by the Federal Reserve Bank of New York have no reporting 
responsibilities.
    What to Report: This report will collect information on holdings by 
U.S. residents of foreign securities, including equities, long-term 
debt securities, and short-term debt securities (including selected 
money market instruments).
    How to Report: Copies of the survey forms and instructions, which 
contain complete information on reporting procedures and definitions, 
may be obtained at the website address given above in the Summary. 
Completed reports can be submitted electronically or via email at 
[email protected]. Inquiries can be made to the survey staff of the 
Federal Reserve Bank of New York at (212) 720-6300 or email: 
[email protected]. Inquiries can also be made to Dwight Wolkow at 
(202) 622-1276, email: [email protected].
    When to Report: Data must be submitted to the Federal Reserve Bank 
of New York, acting as fiscal agent for the Department of the Treasury, 
by March 3, 2023.
    Paperwork Reduction Act Notice: This data collection has been 
approved by

[[Page 77170]]

the Office of Management and Budget (OMB) in accordance with the 
Paperwork Reduction Act and assigned control number 1505-0146. An 
agency may not conduct or sponsor, and a person is not required to 
respond to, a collection of information unless it displays a valid 
control number assigned by OMB. The estimated average annual burden 
associated with this collection of information is 49 hours per 
respondent for end-investors and custodians that file Schedule 3 
reports covering their foreign securities entrusted to U.S. resident 
custodians, 146 hours per respondent for large end-investors filing 
Schedule 2 reports, and 546 hours per respondent for large custodians 
of securities filing Schedule 2 reports. Comments concerning the 
accuracy of this burden estimate and suggestions for reducing this 
burden should be directed to the Department of the Treasury, Attention: 
Administrator, International Portfolio Investment Data Reporting 
Systems, Room 1050, Washington, DC 20220, and to OMB, Attention: Desk 
Officer for the Department of the Treasury, Office of Information and 
Regulatory Affairs, Washington, DC 20503. In light of the current 
pandemic, please also email comments to Dwight Wolkow at: 
[email protected].

Dwight Wolkow,
Administrator, International Portfolio Investment Data Reporting 
Systems.
[FR Doc. 2022-27258 Filed 12-15-22; 8:45 am]
BILLING CODE 4810-AK-P


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