Agency Information Collection Activities; Submission for OMB Review; Comment Request; Importer's Records and Reports, 20763-20764 [2024-06159]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES Federal Register / Vol. 89, No. 58 / Monday, March 25, 2024 / Notices These regulations provide the public with guidance needed to comply with the applicable law and will affect S corporations and their shareholders. Current Actions: There are no changes being made to this existing regulation or to the paperwork burden previously approved by OMB. Type of Review: Extension of currently approved collection. Affected Public: Business or other forprofit organizations and individuals. Estimated Number of Responses: 2,250. Estimated Time per Respondent: 12 minutes. Estimated Total Annual Burden Hours: 450. 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: March 19, 2024. Sara L. Covington, IRS Tax Analyst. [FR Doc. 2024–06182 Filed 3–22–24; 8:45 am] BILLING CODE 4830–01–P VerDate Sep<11>2014 18:08 Mar 22, 2024 Jkt 262001 DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request Relating to Application for Determination of Employee Stock Ownership Plan (ESOP) 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 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 Form 5309, Application for Determination of Employee Stock Ownership Plan (ESOP). DATES: Written comments should be received on or before May 24, 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 1545–0284’’ in the subject line of the message. SUMMARY: FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions 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: Application for Determination of Employee Stock Ownership Plan (ESOP). OMB Number: 1545–0284. Form Number: 5309. Abstract: Internal Revenue Code section 404(a) allows employers an income tax deduction for contributions to their qualified deferred compensation plans. Form 5309 is used to request an IRS determination letter about whether the plan is qualified under Code section 409 or 4975(e)(7). Current Actions: There are no changes being made to the form at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 3,655. PO 00000 Frm 00135 Fmt 4703 Sfmt 4703 20763 Estimated Time per Respondent: 10 hrs., 47 minutes. Estimated Total Annual Burden Hours: 26,975. 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: March 19, 2024. Sara L. Covington, IRS Tax Analyst. [FR Doc. 2024–06180 Filed 3–22–24; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Importer’s Records and Reports Departmental Offices, Department of the Treasury. ACTION: Notice of information collection; request for comment. AGENCY: The Department of the Treasury will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the SUMMARY: E:\FR\FM\25MRN1.SGM 25MRN1 20764 Federal Register / Vol. 89, No. 58 / Monday, March 25, 2024 / Notices date of publication of this notice. The public is invited to submit comments on this request. DATES: Comments should be received on or before April 24, 2024 to be assured of consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Spencer W. Clark by emailing PRA@treasury.gov, calling (202) 927–5331, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Alcohol and Tobacco Tax and Trade Bureau (TTB) khammond on DSKJM1Z7X2PROD with NOTICES Title: Importer’s Records and Reports. OMB Control Number: 1513–0064. VerDate Sep<11>2014 18:08 Mar 22, 2024 Jkt 262001 Type of Review: Extension without change of a currently approved collection. Description: Pursuant to chapters 51 and 52 of the Internal Revenue Code (IRC, 26 U.S.C.) and the Federal Alcohol Administration Act (FAA Act, 27 U.S.C. 201 et seq.), TTB regulates, among other things, the importation of alcohol and tobacco products. Under those statutory authorities, TTB has issued regulations in 27 CFR requiring importers of alcohol and tobacco products to provide certain information regarding their identity, TTB-issued permits, the identity and amount products imported, and the taxes paid on those products or, for products released from customs custody without payment of tax, the transfer of such products to a bonded facility. TTB also uses the collected information to ensure that imported alcohol beverage labels comply with FAA Act labeling requirements. Under this information collection, importers generally submit the required information electronically to Customs and Border Protection during the import entry process, and the required information is then electronically transmitted to TTB. In addition, importers may submit PO 00000 Frm 00136 Fmt 4703 Sfmt 9990 letterhead applications to TTB to request variances from established regulatory provisions. The collected import data and letterhead variance information are necessary to protect the revenue and ensure that importers comply with Federal laws and regulations regarding alcohol and tobacco products or that proposed alternatives will not pose a burden to TTB in administrating its import regulations. Form: None. Affected Public: Businesses or other for-profits. Estimated Number of Respondents: 10,550. Frequency of Response: On occasion. Estimated Total Number of Annual Responses: 63,300. Estimated Time per Response: 20 minutes. Estimated Total Annual Burden Hours: 21,100. Authority: 44 U.S.C. 3501 et seq. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2024–06159 Filed 3–22–24; 8:45 am] BILLING CODE 4810–31–P E:\FR\FM\25MRN1.SGM 25MRN1

Agencies

[Federal Register Volume 89, Number 58 (Monday, March 25, 2024)]
[Notices]
[Pages 20763-20764]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-06159]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Importer's Records and Reports

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of information collection; request for comment.

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SUMMARY: The Department of the Treasury will submit the following 
information collection request to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the

[[Page 20764]]

date of publication of this notice. The public is invited to submit 
comments on this request.

DATES: Comments should be received on or before April 24, 2024 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Spencer W. Clark by emailing [email protected], calling 
(202) 927-5331, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Alcohol and Tobacco Tax and Trade Bureau (TTB)

    Title: Importer's Records and Reports.
    OMB Control Number: 1513-0064.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: Pursuant to chapters 51 and 52 of the Internal Revenue 
Code (IRC, 26 U.S.C.) and the Federal Alcohol Administration Act (FAA 
Act, 27 U.S.C. 201 et seq.), TTB regulates, among other things, the 
importation of alcohol and tobacco products. Under those statutory 
authorities, TTB has issued regulations in 27 CFR requiring importers 
of alcohol and tobacco products to provide certain information 
regarding their identity, TTB-issued permits, the identity and amount 
products imported, and the taxes paid on those products or, for 
products released from customs custody without payment of tax, the 
transfer of such products to a bonded facility. TTB also uses the 
collected information to ensure that imported alcohol beverage labels 
comply with FAA Act labeling requirements. Under this information 
collection, importers generally submit the required information 
electronically to Customs and Border Protection during the import entry 
process, and the required information is then electronically 
transmitted to TTB. In addition, importers may submit letterhead 
applications to TTB to request variances from established regulatory 
provisions. The collected import data and letterhead variance 
information are necessary to protect the revenue and ensure that 
importers comply with Federal laws and regulations regarding alcohol 
and tobacco products or that proposed alternatives will not pose a 
burden to TTB in administrating its import regulations.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Number of Respondents: 10,550.
    Frequency of Response: On occasion.
    Estimated Total Number of Annual Responses: 63,300.
    Estimated Time per Response: 20 minutes.
    Estimated Total Annual Burden Hours: 21,100.
    Authority: 44 U.S.C. 3501 et seq.

Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2024-06159 Filed 3-22-24; 8:45 am]
BILLING CODE 4810-31-P
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