Agency Collection Activities; Requesting Comments on Form 8906, 8321-8322 [2025-01823]

Download as PDF Federal Register / Vol. 90, No. 17 / Tuesday, January 28, 2025 / Notices 8321 Entity 1. YEMEN KUWAIT BANK FOR TRADE AND INVESTMENT Y.S.C (Arabic: i;.r ...J. .J~'/IJ cj~ ~fi.llJ ~I~) (a.k.a. YEMEN KUWAIT BANK FOR TRADE AND INVESTMENT), YKB Building, Al Zubairi St, Sana'a, Yemen; Aden, Yemen; Taiz, Yemen; Hodeida, Yemen; Al Mukalla, Yemen; SWIFT/BIC YKBAYESA; Secondary sanctions risk: section l(b) of Executive Order 13224, as amended by Executive Order 13886; Organization Established Date 01 Jan 1977; Target Type Financial Institution; Registration Number 342/21 (Yemen) [SDGT] (Linked To: ANSARALLAH). Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. FOR FURTHER INFORMATION CONTACT: [FR Doc. 2025–01827 Filed 1–27–25; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Internal Revenue Service Agency Collection Activities; Requesting Comments on Form 8906 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 8906, Distilled Spirits Credit. DATES: Written comments should be received on or before March 31, 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. 1545–1982 in the subject line of the message. ddrumheller on DSK120RN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 17:49 Jan 27, 2025 Jkt 265001 Requests for additional information or 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: Distilled Spirits Credit. OMB Number: 1545–1982. Form Number: Form 8906. Abstract: Form 8906, Distilled Spirits Credit, was developed to carry out the provisions of IRC section 5011(a). This section allows eligible wholesalers and persons subject to IRC section 5055 an income tax credit for the average cost of carrying excise tax on bottled distilled spirits. The form provides a means for the eligible taxpayer to compute the amount of credit. The burden for this information collection represents estate and trust filers and tax-exempt filers. The burden for individual filers is covered under 1545–0074, and the burden for business filers is covered under 1545–0123. Current Actions: There is no change to the existing collection. However, the burden for individual filers and business filers is being removed to avoid duplication. Type of Review: Extension of a currently approved collection. PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 Affected Public: Individuals and households, and Not-for-profit institutions. Estimated Number of Responses: 5. Estimated Time per Respondent: 1 hour, 52 minutes. Estimated Total Annual Burden Hours: 9. 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 E:\FR\FM\28JAN1.SGM 28JAN1 EN28JA25.000</GPH> Designated pursuant to section l(a)(iii)(C) of Executive Order 13224 of September 23, 2001, "Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism," 66 FR 49079, as amended by Executive Order 13886 of September 9, 2019, "Modernizing Sanctions To Combat Terrorism," 84 FR 48041 (E.O. 13224, as amended), for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, ANSARALLAH, a person whose property and interests in property are blocked pursuant to E.O. 13224, as amended. 8322 Federal Register / Vol. 90, No. 17 / Tuesday, January 28, 2025 / Notices 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 23, 2025. Jon R. Callahan, Senior Tax Analyst. [FR Doc. 2025–01823 Filed 1–27–25; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY [Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Departmental Offices Information Collection Requests Departmental Offices, U.S. Department of the Treasury. ACTION: Notice of information collection; request for comment. AGENCY: The Department of the Treasury will submit the following information collection requests 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 date of publication of this notice. The public is invited to submit comments on these requests. DATES: Comments should be received on or before February 27, 2025 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: 1. Title: Survey of Foreign-Residents’ Holdings of U.S. Securities. OMB Control Number: 1505–0123. Type of Request: Extension without change of a currently approved collection. Description: The survey collects information on foreign resident’s holdings of U.S. securities, including ddrumheller on DSK120RN23PROD with NOTICES1 SUMMARY: VerDate Sep<11>2014 17:49 Jan 27, 2025 Jkt 265001 selected money market instruments. The data is used in the computation of the U.S. balance of payments accounts and U.S. international investment position, in the formulation of U.S. financial and monetary policies, to satisfy 22 U.S.C. 3101, and for information on foreign portfolio investment patterns. Respondents are primarily the largest banks, securities dealers, and issuers of U.S. securities. Form: SHL/SHLA, Schedules 1 and 2. Affected Public: Businesses or other for-profits. Estimated Number of Respondents: 347. Frequency of Response: Annual. Estimated Total Number of Annual Responses: 347. Estimated Time per Response: 155 hours. Estimated Total Annual Burden Hours: 54,088. 2. Title: Survey of U.S. Ownership of Foreign Securities. OMB Control Number: 1505–0146. Type of Request: Extension without change of a currently approved collection. Description: The survey collects information on U.S. holdings of foreign securities. The information is used in the computation of the U.S. balance of payments accounts and international investments position, as well as in the formulation of U.S. financial and monetary policies. This survey is also part of an international effort coordinated by the IMF to improve worldwide balance of payments statistics. Respondents are primarily the largest custodians of securities, banks, securities dealers, and investors. Form: TIC–SHC/SHCA. Affected Public: Businesses or other for-profits. Estimated Number of Respondents: 336. Frequency of Response: Annual, On occasion. Estimated Total Number of Annual Responses: 457. Estimated Time per Response: 140 hours. Estimated Total Annual Burden Hours: 64,146. 3. Title: Treasury International Capital (TIC) Form D: Report of Holdings of, and Transactions in, Financial Derivatives Contracts with Foreign Residents. OMB Control Number: 1505–0199. Type of Request: Extension without change of a currently approved collection. Description: Form D is required by law and is designed to collect timely information on International portfolio capital movements, including U.S. PO 00000 Frm 00066 Fmt 4703 Sfmt 4703 residents’ holdings of, and transactions in, financial derivatives contracts with foreign residents. The information is used in the computation of the U.S. balance of payments accounts and international investment position, as well as in the formulation of U.S. International financial and monetary policies. Form: TIC Form D. Affected Public: Businesses or other for-profits. Estimated Number of Respondents: 31. Frequency of Response: Quarterly. Estimated Total Number of Annual Responses: 124. Estimated Time per Response: 30 hours. Estimated Total Annual Burden Hours: 3,720. Authority: 44 U.S.C. 3501 et seq. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2025–01837 Filed 1–27–25; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Proposed Collection; Comment Request; CARES Act Loan and Payroll Support Programs for Air Carriers and Other Eligible Businesses Departmental Offices, U.S. Department of the Treasury. ACTION: Notice of information collection; request for comment. AGENCY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on the proposed information collection listed below, in accordance with the Paperwork Reduction Act of 1995. DATES: Written comments must be received on or before March 31, 2025 ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to Office of Capital Access, Attention: Alex Abawi, Deputy Chief Operating Officer, 1801 L St. NW, Washington, DC 20036, or email at CARESActCompliance@ treasury.gov. SUMMARY: FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from the Office of Capital Access by contacting Wenxia Diao at Wenxia.Diao@treasury.gov or 202–622– 0128 or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: E:\FR\FM\28JAN1.SGM 28JAN1

Agencies

[Federal Register Volume 90, Number 17 (Tuesday, January 28, 2025)]
[Notices]
[Pages 8321-8322]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-01823]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Agency Collection Activities; Requesting Comments on Form 8906

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 8906, Distilled Spirits Credit.

DATES: Written comments should be received on or before March 31, 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. 
1545-1982 in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
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: Distilled Spirits Credit.
    OMB Number: 1545-1982.
    Form Number: Form 8906.
    Abstract: Form 8906, Distilled Spirits Credit, was developed to 
carry out the provisions of IRC section 5011(a). This section allows 
eligible wholesalers and persons subject to IRC section 5055 an income 
tax credit for the average cost of carrying excise tax on bottled 
distilled spirits. The form provides a means for the eligible taxpayer 
to compute the amount of credit. The burden for this information 
collection represents estate and trust filers and tax-exempt filers. 
The burden for individual filers is covered under 1545-0074, and the 
burden for business filers is covered under 1545-0123.
    Current Actions: There is no change to the existing collection. 
However, the burden for individual filers and business filers is being 
removed to avoid duplication.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals and households, and Not-for-profit 
institutions.
    Estimated Number of Responses: 5.
    Estimated Time per Respondent: 1 hour, 52 minutes.
    Estimated Total Annual Burden Hours: 9.
    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

[[Page 8322]]

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 23, 2025.
Jon R. Callahan,
Senior Tax Analyst.
[FR Doc. 2025-01823 Filed 1-27-25; 8:45 am]
BILLING CODE 4830-01-P


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