Proposed Collection; Comment Request Relating to Information Return for Publicly Offered Original Issue Discount Instruments, 53956-53957 [2023-17029]

Download as PDF 53956 Federal Register / Vol. 88, No. 152 / Wednesday, August 9, 2023 / Notices Services for the purpose of (a) resolving disputes between FOIA requesters and Federal agencies and (b) reviewing agencies’ policies, procedures, and compliance in order to recommend policy changes to Congress and the President. 16. DOT may disclose records from this system, as a routine use, to contractors and their agents, experts, 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. 17. 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. 18. 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). lotter on DSK11XQN23PROD with NOTICES1 POLICIES AND PRACTICES FOR STORAGE OF RECORDS: With the exception of older aircraft registration records that are being maintained as paper records and have not yet been converted into electronic form, all records are electronically stored. Backup copies of imaged records are stored at remote locations, including but not limited to the FAA’s government cloud. POLICIES AND PRACTICES FOR RETRIEVAL OF RECORDS: Records of registered and cancelled aircraft in the digital image system may VerDate Sep<11>2014 18:19 Aug 08, 2023 Jkt 259001 be retrieved by registration number, the manufacturer’s name, model, and serial number, and by the name of the current registered owner. Hard copy canceled aircraft records may be retrieved using a former registration number and the manufacturer’s name, model, and serial number. TIS–B/FIS– B records may be retrieved by the aircraft registration number. Part 89 NOI records may be retrieved by COI number, unmanned aircraft serial number, or operator’s (or authorized representative’s) name. POLICIES AND PRACTICES FOR RETENTION AND DISPOSAL OF RECORDS: Aircraft registration records will be maintained as permanent records in accordance with the National Archives and Records Administration (NARA) Schedule N1–237–04–03. In accordance with that schedule, paper copies of registration submissions are destroyed once the original is scanned into the system and the digital image is determined to be an adequate substitute for paper records. Copies of the Aircraft Registration system are transferred to NARA on an annual basis. The FAA will maintain GA ADS–B Rebate Program payment records for at least six years after the program has ended (until at least 2027), the timeframe specified in NARA General Records Schedule 1.1, item 10. For records related to Part 89 NOI, the FAA has submitted a new records retention and disposition schedule DAA–0237–2023–0007–0003 to NARA and is proposing to maintain the records for 3 years after the COI has either expired or been cancelled. The FAA will retain Part 89 NOI records until it receives approval of the record disposition authority from NARA. The FAA will retain APM records (which includes the Privacy ICAO Address program) for three years, in accordance with NARA Schedule DAA–0237–2020– 0002–0001. ADMINISTRATIVE, TECHNICAL, AND PHYSICAL SAFEGUARDS: 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 the computer system containing the records in this system is limited to individuals who have a need to know the information for the performance of their official duties and who have clearances or permissions. Access to records in this system are limited to those with appropriate security credentials, an authorized purpose, and PO 00000 Frm 00099 Fmt 4703 Sfmt 4703 need-to-know. The FAA deploys rolebased access controls in addition to other protection measures reviewed and certified by the FAA’s cybersecurity professionals to maintain the confidentiality, integrity, and availability requirements of the system. RECORD ACCESS PROCEDURES: Individuals seeking notification of whether this system of records contains information about them may contact the System Managers 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: See ‘‘Records Access Procedures’’ above. NOTIFICATION PROCEDURES: See ‘‘Records Access Procedures’’ above. EXEMPTIONS PROMULGATED FOR THE SYSTEM: None. HISTORY: A full notice of this system of records, DOT/FAA 801, Aviation Registration Records, was published in the Federal Register on August 15, 2016 (81 FR 54187), DOT/FAA 801, Aircraft Registration Records, December 17, 2015 (80 FR 77697) and DOT/FAA 801, Aircraft Registration System, April 11, 2000 (65 FR 19518). Issued in Washington, DC. Karyn Gorman, Chief Privacy Officer. [FR Doc. 2023–17073 Filed 8–8–23; 8:45 am] BILLING CODE 4910–9X–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request Relating to Information Return for Publicly Offered Original Issue Discount Instruments Internal Revenue Service (IRS), Treasury. AGENCY: E:\FR\FM\09AUN1.SGM 09AUN1 Federal Register / Vol. 88, No. 152 / Wednesday, August 9, 2023 / Notices Notice and request for comments. ACTION: 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 information return for publicly offered original issue discount instruments. DATES: Written comments should be received on or before October 10, 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 control number 1545– 0887 or Information Return for Publicly Offered Original Issue Discount Instruments. SUMMARY: lotter on DSK11XQN23PROD with NOTICES1 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.L.Dennis@irs.gov. SUPPLEMENTARY INFORMATION: Title: Information Return for Publicly Offered Original Issue Discount Instruments. OMB Number: 1545–0887. Form Number: 8281. Abstract: Internal Code section 1275(c)(2) requires the furnishing of certain information to the IRS by issuers of publicly offered debt instruments having original issue discount. Regulations section 1.1275–3 prescribes that Form 8281 shall be used for this purpose. The information on Form 8281 is used to update Publication 1212, List of Original Issue Discount Instruments. Current Actions: There are no changes to burden. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 2,500. Estimated Time per Response: 6 hours, 7 minutes. Estimated Total Annual Burden Hours: 15,300 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 VerDate Sep<11>2014 18:19 Aug 08, 2023 Jkt 259001 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 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: August 3, 2023. Kerry L. Dennis, Tax Analyst. [FR Doc. 2023–17029 Filed 8–8–23; 8:45 am] BILLING CODE 4830–01–P U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION Notice of Open Public Hearing U.S.-China Economic and Security Review Commission. ACTION: Notice of open public hearing. AGENCY: Notice is hereby given of the following hearing of the U.S.-China Economic and Security Review Commission. The Commission is mandated by Congress to investigate, assess, and report to Congress annually on ‘‘the national security implications of the economic relationship between the United States and the People’s Republic of China.’’ Pursuant to this mandate, the Commission will hold a public hearing in Washington, DC on August 21, 2023 on ‘‘China’s Current Economy: Implications for Investors and Supply Chains.’’ SUMMARY: The hearing is scheduled for Monday, August 21, 2023 at 9:30 a.m. DATES: PO 00000 Frm 00100 Fmt 4703 Sfmt 4703 53957 Members of the public will be able to attend in person at Dirksen 430 or view a live webcast via the Commission’s website at www.uscc.gov. Visit the Commission’s website for updates to the hearing location or possible changes to the hearing schedule. Reservations are not required to view the hearing online or in person. FOR FURTHER INFORMATION CONTACT: Any member of the public seeking further information concerning the hearing should contact Jameson Cunningham, 444 North Capitol Street NW, Suite 602, Washington DC 20001; telephone: 202– 624–1496, or via email at jcunningham@ uscc.gov. Reservations are not required to attend the hearing. ADA Accessibility: For questions about the accessibility of the event or to request an accommodation, please contact Jameson Cunningham via email at jcunningham@uscc.gov. Requests for an accommodation should be made as soon as possible, and at least five business days prior to the event. SUPPLEMENTARY INFORMATION: Background: This is the seventh public hearing the Commission will hold during its 2023 reporting cycle. The hearing will start with an evaluation of the health of China’s financial sector, assessing the extent of China’s evolving fiscal and financial challenges and the consequent implications for China’s economic growth. Next, the hearing will examine China’s role in global capital markets, including how Chinese firms raise capital from abroad via offshore tax havens and how China’s sovereign wealth funds invest and deploy China’s foreign exchange reserves. Finally, the hearing will address developments in U.S.-China trade relations and U.S. supply chain resiliency, looking at the major trends reshaping U.S. supply chain strategies in addition to China’s efforts to secure dominance in key technology areas, such as clean energy technology. The hearing will be co-chaired by Commissioner Robin Cleveland and Commissioner Kimberly T. Glas. Any interested party may file a written statement by August 21, 2023 by transmitting to the contact above. A portion of the hearing will include a question and answer period between the Commissioners and the witnesses. Authority: Congress created the U.S.China Economic and Security Review Commission in 2000 in the National Defense Authorization Act (Public Law 106–398), as amended by Division P of the Consolidated Appropriations Resolution, 2003 (Public Law 108–7), as amended by Public Law 109–108 ADDRESSES: E:\FR\FM\09AUN1.SGM 09AUN1

Agencies

[Federal Register Volume 88, Number 152 (Wednesday, August 9, 2023)]
[Notices]
[Pages 53956-53957]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-17029]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request Relating to Information 
Return for Publicly Offered Original Issue Discount Instruments

AGENCY: Internal Revenue Service (IRS), Treasury.

[[Page 53957]]


ACTION: Notice and request for comments.

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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 
information return for publicly offered original issue discount 
instruments.

DATES: Written comments should be received on or before October 10, 
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 control number 
1545-0887 or Information Return for Publicly Offered Original Issue 
Discount Instruments.

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: Information Return for Publicly Offered Original Issue 
Discount Instruments.
    OMB Number: 1545-0887.
    Form Number: 8281.
    Abstract: Internal Code section 1275(c)(2) requires the furnishing 
of certain information to the IRS by issuers of publicly offered debt 
instruments having original issue discount. Regulations section 1.1275-
3 prescribes that Form 8281 shall be used for this purpose. The 
information on Form 8281 is used to update Publication 1212, List of 
Original Issue Discount Instruments.
    Current Actions: There are no changes to burden.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 2,500.
    Estimated Time per Response: 6 hours, 7 minutes.
    Estimated Total Annual Burden Hours: 15,300 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 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: August 3, 2023.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2023-17029 Filed 8-8-23; 8:45 am]
BILLING CODE 4830-01-P

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