Agency Collection Activities; Requesting Comments on Form W-8CE, 8169-8170 [2025-01673]
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khammond on DSK9W7S144PROD with NOTICES
Federal Register / Vol. 90, No. 15 / Friday, January 24, 2025 / Notices
Include OMB control number 1545–
2095 or TD 9467 and Notice 2020–60, in
the subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations 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: Special Rules for SingleEmployer Defined Benefit Pension Plans
(TD 9467) and Election of Alternative
Minimum Funding Standards for
Community Newspaper Plans (Notice
2020–60).
OMB Number: 1545–2095.
Regulation and Notice Number: REG–
139236–07 (TD 9467) and Notice 2020–
60.
Abstract: REG–139236–07 (TD 9467):
The information required under section
1.430(f)–1(f) is required in order for plan
sponsors to make elections regarding a
plan’s credit balances upon occasion.
The information required under section
1.430(h)(2)–1(e) is required in order for
a plan sponsor to make an election to
use an alternative interest rate for
purposes of determining a plan’s
funding obligations under section
1.430(h)(2)–1. The information required
under sections 1.436–1(f) and 1.436–
1(h) is required in order for a qualified
defined benefit plan’s enrolled actuary
to provide a timely certification of the
plan’s adjusted funding target
attainment percentage (AFTAP) for each
plan year to avoid certain benefit
restrictions.
Notice 2020–60 (Election of
Alternative Minimum Funding
Standards for Community Newspaper
Plans): Section 115(a) of the Setting
Every Community Up for Retirement
Enhancement Act of 2019 (SECURE
Act), Division O of the Further
Consolidated Appropriations Act, 2020,
Pub. L. 116–94, under section 430(m) to
the Code permit the plan sponsor of a
community newspaper plan under
which no participant has had an
increase in accrued benefit after
December 31, 2017 to elect to have
alternative minimum funding standards
apply to the plan in lieu of the
minimum funding requirements that
would otherwise apply under section
430. Pursuant to section 430(m)(2), any
election under section 430(m) will be
made at such time and in such manner
as prescribed by the Secretary, and once
an election is made with respect to a
plan year, it will apply to all subsequent
plan years unless revoked with the
consent of the Secretary. Notice 2020–
VerDate Sep<11>2014
16:21 Jan 23, 2025
Jkt 265001
60 provides guidance regarding this
election.
Current Actions: There are changes to
the collection and paperwork burden
previously approved by OMB. The
election under Internal Revenue Code
section 3608(b) of the CARES Act
(Notice 2020–61) is no longer relevant.
It is an election to treat a DB plan’s
adjusted funding target attainment
percentage (AFTAP) for the last plan
year ending before January 1, 2020 as
the AFTAP for plan years that include
calendar year 2020. The election under
Notice 2021–48 was for extended
amortization bases to apply the
extended amortization period for
shortfall amortization bases for plan
years beginning after December 31,
2018, December 31, 2019, or December
31, 2020. This extended period now
applies for all DB plans. The election
was available on a temporary basis and
is no longer available. The agency has
changed the estimated number of
respondents from 20 to 2 as it is
expected that any community
newspaper plan sponsor that wanted to
make this election have made it already,
and the plan sponsors that are eligible
for this election would be very small.
REG–139236–07 (TD 9467), remains the
same with the same estimates as
previously approved by OMB.
Type of Review: Revision of a
currently approved collection.
Affected Public: Individuals or
households, and businesses or other forprofit organizations, not-for-profit,
institutions, farms, and Federal, State,
local or Tribal governments.
TD 9467
Estimated Number of Respondents:
80,000.
Estimated Time per Respondent: 1.5
hrs.
Estimated Total Annual Burden
Hours: 120,000.
Notice 2020–60
Estimated Number of Respondents: 2.
Estimated Time per Respondent: 4 hr.
Estimated Total Annual Burden
Hours: 80.
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.
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8169
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: January 17, 2025.
Kerry L. Dennis,
Tax Analyst.
[FR Doc. 2025–01659 Filed 1–23–25; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities;
Requesting Comments on Form W–
8CE
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 proposed and/or
continuing information collections, as
required by the Paperwork Reduction
Act of 1995. The IRS is soliciting
comments concerning Form W–8CE,
Notice of Expatriation and Waiver of
Treaty Benefits.
DATES: Written comments should be
received on or before March 25, 2025 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 No. 1545–2138 in
the subject line of the message.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
SUMMARY:
E:\FR\FM\24JAN1.SGM
24JAN1
khammond on DSK9W7S144PROD with NOTICES
8170
Federal Register / Vol. 90, No. 15 / Friday, January 24, 2025 / Notices
copies of this collection should be
directed to Jon Callahan, (737) 800–
7639, at Internal Revenue Service, Room
6526, 1111 Constitution Avenue NW,
Washington, DC 20224, or through the
internet at jon.r.callahan@irs.gov.
SUPPLEMENTARY INFORMATION: The IRS is
currently seeking comments concerning
the following information collection
tools, reporting, and record-keeping
requirements:
Title: Notice of Expatriation and
Waiver of Treaty Benefits.
OMB Number: 1545–2138.
Form Number: Form W–8CE.
Abstract: Information used by
taxpayers to notify payer of expatriation
so that payer applies proper tax
treatments. The taxpayer is required to
provide this form to the payer to obtain
any benefit accorded by the status.
Current Actions: There is no change to
the existing collection.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and
households.
Estimated Number of Responses: 500.
Estimated Time per Respondent: 5
hours, 41 minutes.
Estimated Total Annual Burden
Hours: 2,840.
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
VerDate Sep<11>2014
16:21 Jan 23, 2025
Jkt 265001
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: January 21, 2025.
Jon R. Callahan,
Senior Tax Analyst.
[FR Doc. 2025–01673 Filed 1–23–25; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Proposed Collection; Comment
Request for U.S. Employment Tax
Returns and Related Forms; CT–1, CT–
1X, CT–2, SS–8, SS–8 (PR), W–2, W–2
AS, W–2 C, W–2 GU, W–2 VI, W–3, W–
3 (PR), W–3 C, W–3 C (PR), W–3 SS,
940, 940 (PR), 940 SCH A, 940 SCH A
(PR), 940 SCH R, 941, 941 (PR), 941
SCH B, 941 SCH B (PR), 941 SCH D,
941 SCH R, 941 SS, 941 X, 941 X (PR),
943, 943 (PR), 943 A, 943 A (PR), 943
SCH R, 943 X, 943 X (PR), 944, 944 X,
945, 945 A, 945 X, 2032, 2678, 8027,
8027 T, 8453 EMP, 8850, 8879 EMP,
8922, 8952, and 8974
Departmental Offices, U.S.
Department of the Treasury.
AGENCY:
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 proposed
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995
(PRA). The IRS is soliciting comments
on U.S. Employment Tax Returns and
related Forms.
SUMMARY:
Written comments should be
received on or before February 24, 2025
to be assured of consideration.
DATES:
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.
ADDRESSES:
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.
SUPPLEMENTARY INFORMATION:
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Fmt 4703
Sfmt 4703
Tax Compliance Burden
Tax compliance burden is defined as
the time and money taxpayers spend to
comply with their tax filing
responsibilities. Time-related activities
include recordkeeping, tax planning,
gathering tax materials, learning about
the law and what you need to do, and
completing and submitting the return.
Out-of-pocket costs include expenses
such as purchasing tax software, paying
a third-party preparer, and printing and
postage. Tax compliance burden does
not include a taxpayer’s tax liability,
economic inefficiencies caused by suboptimal choices related to tax
deductions or credits, or psychological
costs.
Proposed PRA Submission to OMB
Title: U.S. Employment Tax Returns
and related Forms.
OMB Number: 1545–0029.
Form Numbers: CT–1, CT–1X, CT–2,
SS–8, SS–8 (PR), W–2, W–2 AS, W–2 C,
W–2 GU, W–2 VI, W–3, W–3 (PR), W–
3 C, W–3 C (PR), W–3 SS, 940, 940 (PR),
940 SCH A, 940 SCH A (PR), 940 SCH
R, 941, 941 (PR), 941 SCH B, 941 SCH
B (PR), 941 SCH D, 941 SCH R, 941 SS,
941 X, 941 X (PR), 943, 943 (PR), 943
A, 943 A (PR), 943 SCH R, 943 X, 943
X (PR), 944, 944 X, 945, 945 A, 945 X,
2032, 2678, 8027, 8027 T, 8453 EMP,
8850, 8879 EMP, 8922, 8952, and 8974.
Abstract: These forms are used by
employers to report their employment
tax-related activity. The data is used to
verify that the items reported on the
forms are correct.
Current Actions: There have been
changes in regulatory guidance related
to various forms approved under this
approval package during the past year.
There have been additions and removals
of forms included in this approval
package. This approval package is being
submitted for renewal purposes.
Type of Review: Revision of currently
approved collection.
Affected Public: Employers.
Estimated Number of Respondents:
7,408,820.
Estimated Time per Respondent
(Hours): 63 hours, 26 minutes.
Estimated Total Annual Time (Hours):
470,000,000.
Estimated Total Annual Monetized
Time ($): 15,420,000,000.
Estimated Total Out-of-Pocket Costs
($): 19,870,000,000.
Estimated Total Monetized Burden
($): 35,290,000,000.
Note: Total Monetized Burden = Total Outof-Pocket Costs + Total Annual Monetized
Time
E:\FR\FM\24JAN1.SGM
24JAN1
Agencies
[Federal Register Volume 90, Number 15 (Friday, January 24, 2025)]
[Notices]
[Pages 8169-8170]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-01673]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities; Requesting Comments on Form W-8CE
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 general public
and other federal agencies to take this opportunity to comment on
proposed and/or continuing information collections, as required by the
Paperwork Reduction Act of 1995. The IRS is soliciting comments
concerning Form W-8CE, Notice of Expatriation and Waiver of Treaty
Benefits.
DATES: Written comments should be received on or before March 25, 2025
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 No.
1545-2138 in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
[[Page 8170]]
copies of this collection should be directed to Jon Callahan, (737)
800-7639, at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or through the internet at
[email protected].
SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments
concerning the following information collection tools, reporting, and
record-keeping requirements:
Title: Notice of Expatriation and Waiver of Treaty Benefits.
OMB Number: 1545-2138.
Form Number: Form W-8CE.
Abstract: Information used by taxpayers to notify payer of
expatriation so that payer applies proper tax treatments. The taxpayer
is required to provide this form to the payer to obtain any benefit
accorded by the status.
Current Actions: There is no change to the existing collection.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals and households.
Estimated Number of Responses: 500.
Estimated Time per Respondent: 5 hours, 41 minutes.
Estimated Total Annual Burden Hours: 2,840.
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: January 21, 2025.
Jon R. Callahan,
Senior Tax Analyst.
[FR Doc. 2025-01673 Filed 1-23-25; 8:45 am]
BILLING CODE 4830-01-P