Interest Rate Paid on Cash Deposited To Secure U.S. Immigration and Customs Enforcement Immigration Bonds, 81150-81151 [2024-23068]
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Federal Register / Vol. 89, No. 194 / Monday, October 7, 2024 / Notices
lotter on DSK11XQN23PROD with NOTICES1
SUPPLEMENTARY INFORMATION:
DEPARTMENT OF THE TREASURY
Title: Special Valuation Rules.
OMB Number: 1545–1241.
Regulation Project Number: 8395.
Abstract: Section 2701 of the Internal
Revenue Code allows various elections
by family members who make gifts of
common stock or partnership interests
and retain senior interest. This
regulation provides guidance on how
taxpayers make these elections, what
information is required, and how the
transfer is to be disclosed on the gift tax
return (Form 709). Current Actions:
There are no changes being made to the
regulation at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
1,200.
Estimated Time per Respondent: 25
mins.
Estimated Total Annual Burden
Hours: 496.
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: October 1, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024–23107 Filed 10–4–24; 8:45 am]
BILLING CODE 4830–01–P
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Internal Revenue Service
Proposed Collection; Comment
Request for Form 461
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,
Limitation on Business Losses.
DATES: Written comments should be
received on or before December 6, 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.
Include ‘‘OMB Number 1545–2283—
Limitation on Business Losses’’ 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: Limitation on Business Losses.
OMB Number: 1545–2283.
Form Number: 461.
Abstract: Form 461 and its separate
instructions calculates the limitation on
business losses, and the excess business
losses that will be treated as net
operating loss (NOL) carried forward to
subsequent taxable years. In the case of
a partnership or S corporation, the
provision applies at the partner or
shareholder level. This form is used by
noncorporate taxpayers and will be
attached to a tax return (F1040, 1040NR,
1041, 1041–QFT, 1041–N, or 990–T).
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: Individuals or
households, business or other for-profit
organization, and not-for-profit
institutions.
Estimated Number of Responses:
2,909,026.
Estimated Time per Response: 22
mins.
SUMMARY:
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Estimated Total Annual Burden
Hours: 1,105,430.
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: October 1, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024–23102 Filed 10–4–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Interest Rate Paid on Cash Deposited
To Secure U.S. Immigration and
Customs Enforcement Immigration
Bonds
Departmental Offices, Treasury.
Notice.
AGENCY:
ACTION:
For the period beginning
October 1, 2024, and ending on
December 31, 2024, the U.S.
Immigration and Customs Enforcement
Immigration Bond interest rate is 3 per
centum per annum.
DATES: Rates are applicable October 1,
2024, to December 31, 2024.
ADDRESSES: Comments or inquiries may
be mailed to Will Walcutt, Supervisor,
Funds Management Branch, Funds
Management Division, Fiscal
Accounting, Bureau of the Fiscal
SUMMARY:
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Federal Register / Vol. 89, No. 194 / Monday, October 7, 2024 / Notices
Services, Parkersburg, West Virginia
26106–1328.
You can download this notice at the
following internet addresses: https://
www.treasury.gov or https://
www.federalregister.gov.
FOR FURTHER INFORMATION CONTACT:
Ryan Hanna, Manager, Funds
Management Branch, Funds
Management Division, Fiscal
Accounting, Bureau of the Fiscal
Service, Parkersburg, West Virginia
261006–1328, (304) 480–5120; Will
Walcutt, Supervisor, Funds
Management Branch, Funds
Management Division, Fiscal
Accounting, Bureau of the Fiscal
Services, Parkersburg, West Virginia
26106–1328, (304) 480–5117.
SUPPLEMENTARY INFORMATION: Federal
law requires that interest payments on
cash deposited to secure immigration
bonds shall be ‘‘at a rate determined by
the Secretary of the Treasury, except
that in no case shall the interest rate
exceed 3 per centum per annum.’’ 8
U.S.C. 1363(a). Related Federal
regulations state that ‘‘Interest on cash
deposited to secure immigration bonds
will be at the rate as determined by the
Secretary of the Treasury, but in no case
will exceed 3 per centum per annum or
be less than zero.’’ 8 CFR 293.2.
Treasury has determined that interest on
the bonds will vary quarterly and will
accrue during each calendar quarter at
a rate equal to the lesser of the average
of the bond equivalent rates on 91-day
Treasury bills auctioned during the
preceding calendar quarter, or 3 per
centum per annum, but in no case less
than zero. [FR Doc. 2015–18545]. In
addition to this notice, Treasury posts
the current quarterly rate in Table 2b—
Interest Rates for Specific Legislation on
the Treasury Direct website.
The Deputy Assistant Secretary for
Public Finance, Gary Grippo, having
reviewed and approved this document,
is delegating the authority to
electronically sign this document to
Heidi Cohen, Federal Register Liaison
for the Department, for purposes of
publication in the Federal Register.
Heidi Cohen,
Federal Register Liaison.
[FR Doc. 2024–23068 Filed 10–4–24; 8:45 am]
lotter on DSK11XQN23PROD with NOTICES1
BILLING CODE 4810–AS–P
DEPARTMENT OF THE TREASURY
Debt Management Advisory Committee
Meeting
Notice is hereby given, pursuant to 5
U.S.C. app. 2, section 10(a)(2), that a
meeting will be held at the United
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States Treasury Department, 15th Street
and Pennsylvania Avenue NW,
Washington, DC on October 29, 2024, at
9:00 a.m., of the following debt
management advisory committee:
Treasury Borrowing Advisory
Committee.
At this meeting, the Treasury is
seeking advice from the Committee on
topics related to the economy, financial
markets, Treasury financing, and debt
management. Following the working
session, the Committee will present a
written report of its recommendations.
The meeting will be closed to the
public, pursuant to 5 U.S.C. app. 2,
section 10(d) and Public Law 103–202,
section 202(c)(1)(B) (31 U.S.C. 3121
note).
This notice shall constitute my
determination, pursuant to the authority
placed in heads of agencies by 5 U.S.C.
app. 2, section 10(d) and vested in me
by Treasury Department Order No. 101–
05, that the meeting will consist of
discussions and debates of the issues
presented to the Committee by the
Secretary of the Treasury and the
making of recommendations of the
Committee to the Secretary, pursuant to
Public Law 103–202, section
202(c)(1)(B).
Thus, this information is exempt from
disclosure under that provision and 5
U.S.C. 552b(c)(3)(B). In addition, the
meeting is concerned with information
that is exempt from disclosure under 5
U.S.C. 552b(c)(9)(A). The public interest
requires that such meetings be closed to
the public because the Treasury
Department requires frank and full
advice from representatives of the
financial community prior to making its
final decisions on major financing
operations. Historically, this advice has
been offered by debt management
advisory committees established by the
several major segments of the financial
community. When so utilized, such a
committee is recognized to be an
advisory committee under 5 U.S.C. app.
2, section 3.
Although the Treasury’s final
announcement of financing plans may
not reflect the recommendations
provided in reports of the Committee,
premature disclosure of the Committee’s
deliberations and reports would be
likely to lead to significant financial
speculation in the securities market.
Thus, this meeting falls within the
exemption covered by 5 U.S.C.
552b(c)(9)(A).
The Office of Debt Management is
responsible for maintaining records of
debt management advisory committee
meetings and for providing annual
reports setting forth a summary of
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81151
Committee activities and such other
matters as may be informative to the
public consistent with the policy of 5
U.S.C. 552(b). The Designated Federal
Officer or other responsible agency
official who may be contacted for
additional information is Fred
Pietrangeli, Director for Office of Debt
Management (202) 622–1876.
Dated: October 2, 2024.
Frederick E. Pietrangeli,
Director (for Office of Debt Management).
[FR Doc. 2024–23087 Filed 10–4–24; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; New Proposed Information
Collection Request; Request for
Comments; Digital Asset Proceeds
From Broker Transactions
Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
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 information collection
requirements related to digital asset
proceeds from broker transactions.
DATES: Comments should be received on
or before November 6, 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 Melody Braswell by
emailing PRA@treasury.gov, calling
(202) 622–1035, or viewing the entire
information collection request at
www.reginfo.gov.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
Title: Digital Asset Proceeds from
Broker Transactions.
OMB Number Control No.: 1545–
NEW.
Form Numbers: 1099–DA.
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Agencies
[Federal Register Volume 89, Number 194 (Monday, October 7, 2024)]
[Notices]
[Pages 81150-81151]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-23068]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Interest Rate Paid on Cash Deposited To Secure U.S. Immigration
and Customs Enforcement Immigration Bonds
AGENCY: Departmental Offices, Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: For the period beginning October 1, 2024, and ending on
December 31, 2024, the U.S. Immigration and Customs Enforcement
Immigration Bond interest rate is 3 per centum per annum.
DATES: Rates are applicable October 1, 2024, to December 31, 2024.
ADDRESSES: Comments or inquiries may be mailed to Will Walcutt,
Supervisor, Funds Management Branch, Funds Management Division, Fiscal
Accounting, Bureau of the Fiscal
[[Page 81151]]
Services, Parkersburg, West Virginia 26106-1328.
You can download this notice at the following internet addresses:
https://www.treasury.gov or https://www.federalregister.gov.
FOR FURTHER INFORMATION CONTACT: Ryan Hanna, Manager, Funds Management
Branch, Funds Management Division, Fiscal Accounting, Bureau of the
Fiscal Service, Parkersburg, West Virginia 261006-1328, (304) 480-5120;
Will Walcutt, Supervisor, Funds Management Branch, Funds Management
Division, Fiscal Accounting, Bureau of the Fiscal Services,
Parkersburg, West Virginia 26106-1328, (304) 480-5117.
SUPPLEMENTARY INFORMATION: Federal law requires that interest payments
on cash deposited to secure immigration bonds shall be ``at a rate
determined by the Secretary of the Treasury, except that in no case
shall the interest rate exceed 3 per centum per annum.'' 8 U.S.C.
1363(a). Related Federal regulations state that ``Interest on cash
deposited to secure immigration bonds will be at the rate as determined
by the Secretary of the Treasury, but in no case will exceed 3 per
centum per annum or be less than zero.'' 8 CFR 293.2. Treasury has
determined that interest on the bonds will vary quarterly and will
accrue during each calendar quarter at a rate equal to the lesser of
the average of the bond equivalent rates on 91-day Treasury bills
auctioned during the preceding calendar quarter, or 3 per centum per
annum, but in no case less than zero. [FR Doc. 2015-18545]. In addition
to this notice, Treasury posts the current quarterly rate in Table 2b--
Interest Rates for Specific Legislation on the Treasury Direct website.
The Deputy Assistant Secretary for Public Finance, Gary Grippo,
having reviewed and approved this document, is delegating the authority
to electronically sign this document to Heidi Cohen, Federal Register
Liaison for the Department, for purposes of publication in the Federal
Register.
Heidi Cohen,
Federal Register Liaison.
[FR Doc. 2024-23068 Filed 10-4-24; 8:45 am]
BILLING CODE 4810-AS-P