Proposed Collection; Comment Request for Regulation Project, 32821-32822 [2023-10864]
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Federal Register / Vol. 88, No. 98 / Monday, May 22, 2023 / Notices
FOR FURTHER INFORMATION CONTACT:
Department of the Treasury, Bureau of
the Fiscal Service, Disbursing and Debt
Management, E-Commerce Division
(LC–RM 349B), 3201 Pennsy Drive,
Building E, Landover, MD 20785
(Telephone: 202–874–9428).
SUPPLEMENTARY INFORMATION: The rate
reflects the Current Value of Funds to
the Treasury for use in connection with
Federal Cash Management systems and
is based on investment rates set for
purposes of Public Law 95–147, 91
Stat.1227 (October 28, 1977). The
Treasury Office of Debt Management
provides the annual Interest Rate
Factors used in determining the Current
Value of Funds Rate, which are based
on weekly average of the Effective
Federal Funds Rate, less 25 basis points
for the 12-month period ending every
September 30. The Current Value of
Funds Rate is rounded to the nearest
whole percentage and becomes effective
each January 1.
Quarterly revisions are made if the
annual average, on a moving basis,
changes by 2 percentage points or more.
The previous notice of rate to be used
for Federal debt collection, and discount
and rebate evaluation, dated November
21, 2022, announced the rate of 1.00
percent for calendar year 2023.
However, with the quarter ending
March 30, 2023, the 12-month moving
average investment rate increased by 2
percent. Therefore, Treasury is revising
the Current Value of Funds Rate for the
remainder of calendar year 2023.
The percentage rate to be applied
during the period April 1, 2023, through
December 31, 2023, is 3.00 percent.
Authority: 31 U.S.C. 3717.
Linda Claire Chero,
Assistant Commissioner, Disbursing and Debt
Management and Chief Disbursing Officer.
[FR Doc. 2023–10814 Filed 5–19–23; 8:45 am]
BILLING CODE 4810–AS–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2014–
49
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
ddrumheller on DSK120RN23PROD with NOTICES1
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
SUMMARY:
VerDate Sep<11>2014
18:54 May 19, 2023
Jkt 259001
collections, as required by the
Paperwork Reduction Act of 1995. The
IRS is soliciting comments concerning
Disaster Relief.
DATES: Written comments should be
received on or before July 21, 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 ‘‘OMB Number 1545–2237–
Disaster Relief’’ 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: Disaster Relief.
OMB Number: 1545–2237.
Revenue Procedure Number: 2014–49.
Abstract: This revenue procedure
establishes a procedure for temporary
relief from certain requirements of § 42
of the Internal Revenue Code for owners
of low-income buildings (Owners) and
housing credit agencies of States or
possessions of the United States
(Agencies) affected by major disaster
areas declared by the President under
the Robert T. Stafford Disaster Relief
and Emergency Assistance Act, 42
U.S.C. 5121 et seq. (Stafford Act).
Current Actions: There are no changes
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
households.
Estimated Number of Respondents:
3,500.
Estimated Time per Respondent: 30
mins.
Estimated Total Annual Burden
Hours: 1,750.
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.
PO 00000
Frm 00101
Fmt 4703
Sfmt 4703
32821
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: May 12, 2023.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2023–10865 Filed 5–19–23; 8:45 am]
BILLING CODE 4830–01–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.
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
Requirements for Investments to Qualify
under section 936(d)(4) as Investments
in Qualified Caribbean Basin Countries.
DATES: Written comments should be
received on or before July 21, 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 ‘‘OMB Number 1545–1138—
Requirements for Investments to Qualify
under section 936(d)(4) as Investments
in Qualified Caribbean Basin Countries’’
in the subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this collection should be
SUMMARY:
E:\FR\FM\22MYN1.SGM
22MYN1
32822
Federal Register / Vol. 88, No. 98 / Monday, May 22, 2023 / Notices
ddrumheller on DSK120RN23PROD with NOTICES1
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: Requirements for Investments to
Qualify under section 936(d)(4) as
Investments in Qualified Caribbean
Basin Countries.
OMB Number: 1545–1138.
Regulation Project Number: TD 8350.
Abstract: This document contains
final regulations that provide guidance
relating to the requirements that must be
met for an investment to qualify under
Internal Revenue code section 936(d)(4)
as an investment in qualified Caribbean
Basin countries. The collection of
information is required by the Internal
Revenue Service to verify that an
investment qualifies under IRC section
936(d)(4). The respondents will be
possession corporations, certain
financial institutions located in Puerto
Rico, and borrowers of funds covered by
this regulation.
VerDate Sep<11>2014
18:54 May 19, 2023
Jkt 259001
Current Actions: There are no changes
in the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations.
Estimated Number of Respondents:
50.
Estimated Time per Respondent: 30
hrs.
Estimated Total Annual Burden
Hours: 1,500.
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.
PO 00000
Frm 00102
Fmt 4703
Sfmt 9990
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: May 12, 2023.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2023–10864 Filed 5–19–23; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\22MYN1.SGM
22MYN1
]]>Agencies
[Federal Register Volume 88, Number 98 (Monday, May 22, 2023)]
[Notices]
[Pages 32821-32822]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-10864]
-----------------------------------------------------------------------
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 (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 Requirements for
Investments to Qualify under section 936(d)(4) as Investments in
Qualified Caribbean Basin Countries.
DATES: Written comments should be received on or before July 21, 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 [email protected]. Include ``OMB Number 1545-
1138--Requirements for Investments to Qualify under section 936(d)(4)
as Investments in Qualified Caribbean Basin Countries'' in the subject
line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be
[[Page 32822]]
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: Requirements for Investments to Qualify under section
936(d)(4) as Investments in Qualified Caribbean Basin Countries.
OMB Number: 1545-1138.
Regulation Project Number: TD 8350.
Abstract: This document contains final regulations that provide
guidance relating to the requirements that must be met for an
investment to qualify under Internal Revenue code section 936(d)(4) as
an investment in qualified Caribbean Basin countries. The collection of
information is required by the Internal Revenue Service to verify that
an investment qualifies under IRC section 936(d)(4). The respondents
will be possession corporations, certain financial institutions located
in Puerto Rico, and borrowers of funds covered by this regulation.
Current Actions: There are no changes in the paperwork burden
previously approved by OMB.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 50.
Estimated Time per Respondent: 30 hrs.
Estimated Total Annual Burden Hours: 1,500.
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: May 12, 2023.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2023-10864 Filed 5-19-23; 8:45 am]
BILLING CODE 4830-01-P
