Proposed Extension of Information Collection Request Submitted for Public Comment; Comment Request Relating to Requests for Miscellaneous Determination, 80389 [2023-25409]
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Federal Register / Vol. 88, No. 221 / Friday, November 17, 2023 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Comment Request
Relating to Requests for Miscellaneous
Determination
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
The Internal Revenue Service,
as part of its continuing effort to reduce
paperwork and respondent burden,
invites the 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
requests for Miscellaneous
Determination by Organizations Exempt
Under section 501(c)(3). Form 8940,
Request for Miscellaneous
Determination, can be filed
electronically.
DATES: Written comments should be
received on or before January 16, 2024
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.
Please reference ‘‘OMB Control Number
1545–2211’’ in the subject line of the
message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of this collection should be
directed to Sara Covington, (202) 317–
5744 at Internal Revenue Service, Room
6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or through the
internet, at sara.l.covington@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Request for Miscellaneous
Determination.
OMB Number: 1545–2211.
Form Number(s): 8940.
Abstract: Organizations exempt under
section 501(c)(3) may file Form 8940 for
miscellaneous determinations under
sections 507, 509(a), 4940, 4942, 4945,
and 6033. Nonexempt charitable trusts
may also file a Form 8940 for an initial
determination under section 509(a)(3).
Current Actions: There is no change to
the burden previously approved by
OMB. This request is being submitted
for renewal purposes.
Type of Review: Extension of a
currently approved collection.
Affected Public: Not-for-profit
institutions.
khammond on DSKJM1Z7X2PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
18:57 Nov 16, 2023
Jkt 262001
Estimated Number of Respondents:
2,100.
Estimated Time per Respondent: 13
hours, 47 min.
Estimated Total Annual Burden
Hours: 28,959.
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.
Desired Focus of Comments: The
Internal Revenue Service (IRS) is
particularly interested in comments
that:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
functions of the agency, including
whether the information will have
practical utility;
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are to respond, including using
appropriate automated, electronic,
mechanical, or other technological
collection techniques or other forms of
information technology, e.g., by
permitting electronic submissions of
responses.
Comments submitted in response to
this notice will be summarized and/or
included in the ICR for OMB approval
of the extension of the information
collection; they will also become a
matter of public record.
Approved: October 31, 2023.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2023–25409 Filed 11–16–23; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Survey of U.S. Ownership of Foreign
Securities as of December 31, 2023
Departmental Offices,
Department of the Treasury.
AGENCY:
PO 00000
Frm 00121
Fmt 4703
Sfmt 4703
80389
Notice of reporting
requirements.
ACTION:
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, 2023. 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 (2023)
and instructions may be printed from
the internet at: https://
home.treasury.gov/data/treasuryinternational-capital-tic-system-homepage/tic-forms-instructions/forms-shc.
SUPPLEMENTARY INFORMATION:
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
2022 annual survey and the June 2023
TIC report ‘‘Aggregate Holdings,
Purchases and Sales, and Fair Value
Changes 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
SUMMARY:
E:\FR\FM\17NON1.SGM
17NON1
]]>Agencies
[Federal Register Volume 88, Number 221 (Friday, November 17, 2023)]
[Notices]
[Page 80389]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-25409]
[[Page 80389]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Extension of Information Collection Request Submitted
for Public Comment; Comment Request Relating to Requests for
Miscellaneous Determination
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service, as part of its continuing effort
to reduce paperwork and respondent burden, invites the 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 requests for
Miscellaneous Determination by Organizations Exempt Under section
501(c)(3). Form 8940, Request for Miscellaneous Determination, can be
filed electronically.
DATES: Written comments should be received on or before January 16,
2024 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]. Please reference ``OMB
Control Number 1545-2211'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Sara Covington, (202)
317-5744 at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or through the internet, at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Request for Miscellaneous Determination.
OMB Number: 1545-2211.
Form Number(s): 8940.
Abstract: Organizations exempt under section 501(c)(3) may file
Form 8940 for miscellaneous determinations under sections 507, 509(a),
4940, 4942, 4945, and 6033. Nonexempt charitable trusts may also file a
Form 8940 for an initial determination under section 509(a)(3).
Current Actions: There is no change to the burden previously
approved by OMB. This request is being submitted for renewal purposes.
Type of Review: Extension of a currently approved collection.
Affected Public: Not-for-profit institutions.
Estimated Number of Respondents: 2,100.
Estimated Time per Respondent: 13 hours, 47 min.
Estimated Total Annual Burden Hours: 28,959.
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.
Desired Focus of Comments: The Internal Revenue Service (IRS) is
particularly interested in comments that:
Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the agency,
including whether the information will have practical utility;
Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used;
Enhance the quality, utility, and clarity of the
information to be collected; and
Minimize the burden of the collection of information on
those who are to respond, including using appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology, e.g., by permitting electronic
submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Approved: October 31, 2023.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2023-25409 Filed 11-16-23; 8:45 am]
BILLING CODE 4830-01-P
