80 FR 15662 - Collection; Comment Request for Revenue Procedure

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 56 (March 24, 2015)

Page Range		15662-15662
FR Document		2015-06708

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 take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). The IRS is soliciting comments concerning information collection requirements related to and disclosure with the SEC.

Federal Register, Volume 80 Issue 56 (Tuesday, March 24, 2015)

[Federal Register Volume 80, Number 56 (Tuesday, March 24, 2015)]
[Notices]
[Page 15662]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-06708]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Collection; Comment Request for Revenue Procedure

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: 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 take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). The IRS is soliciting comments concerning information 
collection requirements related to and disclosure with the SEC.

DATES: Written comments should be received on or before May 26, 2015 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Christie Preston, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Allan Hopkins, at Internal Revenue Service, Room 
6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through 
the internet at Allan.M.Hopkins@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Revenue Procedures regarding I.R.C. 6707A(e) and Disclosure 
with the SEC.
    OMB Number: 1545-1956.
    Form Number: Rev. Proc. 2005-51.
    Abstract: This revenue procedure provides guidance to persons who 
may be required to pay certain penalties under sections 6662(h), 6662A, 
or 6707A of the Internal Revenue Code, and who may be required under 
section 6707A(e) to disclose those penalties on reports filed with the 
Securities and Exchange Commission. This revenue procedure describes 
the report on which the disclosures must be made, the information that 
must be disclosed, and the deadlines by which persons must make the 
disclosures on reports filed with the SEC in order to avoid additional 
penalties under section 6707A(e).
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. This form is being submitted for renewal 
purposes only.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses and other for-profit organizations.
    Estimated Number of Respondents: 859.
    Estimated Time Per Respondent: 50 minutes.
    Estimated Total Annual Burden Hours: 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. 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 18, 2015.
Christie Preston,
IRS Reports Clearance Officer.
[FR Doc. 2015-06708 Filed 3-23-15; 8:45 am]
BILLING CODE 4830-01-P

15662 Federal Register / Vol. 80, No. 56 / Tuesday, March 24, 2015 / Notices

SUMMARY: The Department of the SUMMARY: The Department of the An agency may not conduct or
Treasury will submit the following Treasury, as part of its continuing effort sponsor, and a person is not required to
information collection request to the to reduce paperwork and respondent respond to, a collection of information
Office of Management and Budget burden, invites the general public and unless the collection of information
(OMB) for review and clearance, in other Federal agencies to take this displays a valid OMB control number.
accordance with the Paperwork opportunity to comment on proposed Books or records relating to a collection
Reduction Act of 1995, on or after the and/or continuing information of information must be retained as long
date of publication of this notice. collections, as required by the as their contents may become material
DATES: Comments should be received on Paperwork Reduction Act of 1995, in the administration of any internal
or before April 23, 2015 to be assured Public Law 104–13 (44 U.S.C. revenue law. Generally, tax returns and
of consideration. 3506(c)(2)(A)). The IRS is soliciting tax return information are confidential,
ADDRESSES: Send comments regarding comments concerning information as required by 26 U.S.C. 6103.
the burden estimate, or any other aspect collection requirements related to and Request for Comments: Comments
of the information collection, including disclosure with the SEC. submitted in response to this notice will
suggestions for reducing the burden, to DATES: Written comments should be be summarized and/or included in the
(1) Office of Information and Regulatory received on or before May 26, 2015 to request for OMB approval. All
Affairs, Office of Management and be assured of consideration. comments will become a matter of
Budget, Attention: Desk Officer for ADDRESSES: Direct all written comments
public record. Comments are invited on:
Treasury, New Executive Office to Christie Preston, Internal Revenue (a) Whether the collection of
Building, Room 10235, Washington, DC Service, Room 6129, 1111 Constitution information is necessary for the proper
20503, or email at Avenue NW., Washington, DC 20224. performance of the functions of the
OIRA_Submission@OMB.EOP.gov and agency, including whether the
FOR FURTHER INFORMATION CONTACT:
(2) Treasury PRA Clearance Officer, information shall have practical utility;
Requests for additional information (b) the accuracy of the agency’s estimate
1750 Pennsylvania Ave. NW., Suite should be directed to Allan Hopkins, at
8140, Washington, DC 20220, or email of the burden of the collection of
Internal Revenue Service, Room 6129, information; (c) ways to enhance the
at PRA@treasury.gov. 1111 Constitution Avenue NW.,
FOR FURTHER INFORMATION CONTACT:
quality, utility, and clarity of the
Washington, DC 20224, or through the information to be collected; (d) ways to
Copies of the submission may be internet at Allan.M.Hopkins@irs.gov.
obtained by emailing PRA@treasury.gov, minimize the burden of the collection of
SUPPLEMENTARY INFORMATION: information on respondents, including
calling (202) 927–5331, or viewing the Title: Revenue Procedures regarding
entire information collection request at through the use of automated collection
I.R.C. 6707A(e) and Disclosure with the techniques or other forms of information
www.reginfo.gov. SEC. technology; and (e) estimates of capital
SUPPLEMENTARY INFORMATION: OMB Number: 1545–1956. or start-up costs and costs of operation,
Community Development Financial Form Number: Rev. Proc. 2005–51. maintenance, and purchase of services
Abstract: This revenue procedure to provide information.
Institutions (CDFI) Fund
provides guidance to persons who may
OMB Number: 1559–0005. be required to pay certain penalties Approved: March 18, 2015.
Type of Review: Revision of a under sections 6662(h), 6662A, or Christie Preston,
currently approved collection. 6707A of the Internal Revenue Code, IRS Reports Clearance Officer.
Title: Bank Enterprise Award Program and who may be required under section [FR Doc. 2015–06708 Filed 3–23–15; 8:45 am]
Application. 6707A(e) to disclose those penalties on BILLING CODE 4830–01–P
Form: CDFI 0003. reports filed with the Securities and
Abstract: The BEA Program provides
Exchange Commission. This revenue
incentives to insured depository DEPARTMENT OF THE TREASURY
procedure describes the report on which
institutions to increase their support of
the disclosures must be made, the
CDFIs and their activities in Internal Revenue Service
information that must be disclosed, and
economically distressed communities.
Affected Public: Private Sector: the deadlines by which persons must Proposed Collection; Comment
Businesses or other for-profits. make the disclosures on reports filed Request for Regulation Project
Estimated Annual Burden Hours: with the SEC in order to avoid
3,952. additional penalties under section AGENCY: Internal Revenue Service (IRS),
6707A(e). Treasury.
Dawn D. Wolfgang, Current Actions: There is no change ACTION: Notice and request for
Treasury PRA Clearance Officer. in the paperwork burden previously comments.
[FR Doc. 2015–06679 Filed 3–23–15; 8:45 am] approved by OMB. This form is being
BILLING CODE 4810–70–P submitted for renewal purposes only. SUMMARY: The Department of the
Type of Review: Extension of a Treasury, as part of its continuing effort
currently approved collection. to reduce paperwork and respondent
DEPARTMENT OF THE TREASURY Affected Public: Businesses and other burden, invites the general public and
for-profit organizations. other Federal agencies to take this
Internal Revenue Service Estimated Number of Respondents: opportunity to comment on proposed
mstockstill on DSK4VPTVN1PROD with NOTICES

859. and/or continuing information
Collection; Comment Request for Estimated Time Per Respondent: 50 collections, as required by the
Revenue Procedure minutes. Paperwork Reduction Act of 1995,
AGENCY: Internal Revenue Service (IRS), Estimated Total Annual Burden Public Law 104–13 (44 U.S.C.
Treasury. Hours: 430. 3506(c)(2)(A)). Currently, the IRS is
The following paragraph applies to all soliciting comments concerning
ACTION: Notice and request for
of the collections of information covered applicable conventions under the
comments.
by this notice: accelerated cost recovery system.

VerDate Sep<11>2014 01:09 Mar 24, 2015 Jkt 235001 PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 E:\FR\FM\24MRN1.SGM 24MRN1

Document Created: 2015-12-18 11:44:33
Document Modified: 2015-12-18 11:44:33

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice and request for comments.
Dates		Written comments should be received on or before May 26, 2015 to be assured of consideration.
Contact		Requests for additional information should be directed to Allan Hopkins, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at [email protected]
FR Citation		80 FR 15662

80 FR 15662 - Collection; Comment Request for Revenue Procedure

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 80, Issue 56 (March 24, 2015)

DEPARTMENT OF THE TREASURY
Internal Revenue Service