80 FR 28765 - Proposed Collection; Comment Request for Form 5452

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 96 (May 19, 2015)

Page Range		28765-28765
FR Document		2015-12002

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)). Currently, the IRS is soliciting comments concerning Form 5452, Corporate Report of Nondividend Distributions.

Federal Register, Volume 80 Issue 96 (Tuesday, May 19, 2015)

[Federal Register Volume 80, Number 96 (Tuesday, May 19, 2015)]
[Notices]
[Page 28765]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-12002]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 5452

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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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)). Currently, the IRS is soliciting comments concerning 
Form 5452, Corporate Report of Nondividend Distributions.

DATES: Written comments should be received on or before July 20, 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 or 
copies of the form and instructions should be directed to R. Joseph 
Durbala at Internal Revenue Service, Room 6129, 1111 Constitution 
Avenue NW., Washington, DC 20224, or at (202) 317-5746, or through the 
internet at RJoseph.Durbala@irs.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Corporate Report of Nondividend Distributions.
    OMB Number: 1545-0205.
    Form Number: 5452.
    Abstract: Form 5452 is used by corporations to report their 
nontaxable distributions as required by Internal Revenue Code section 
604(d)(2). The information is used by IRS to verify that the 
distributions are nontaxable as claimed.
    Current Actions: There are no changes to the burden previously 
approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Responses: 1,700.
    Estimated Number of Respondents: 34 hours, 3 minutes.
    Estimated Total Annual Burden Hours: 57,885.
    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: May 11, 2015.
Christie Preston,
IRS, Reports Clearance Office.
[FR Doc. 2015-12002 Filed 5-18-15; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 80, No. 96 / Tuesday, May 19, 2015 / Notices 28765

Regulation Project Number: T.D. 8073 Approved: May 11, 2015. Current Actions: There are no changes
(temporary regulations) and EE–96–85 Christie A. Preston, to the burden previously approved by
(noticed of proposed rulemaking). IRS Reports Clearance Officer. OMB.
Abstract: The regulations provide [FR Doc. 2015–12127 Filed 5–18–15; 8:45 am] Type of Review: Extension of a
rules relating to effective dates and BILLING CODE 4830–01–P currently approved collection.
certain other issues arising under
sections 91, 223, and 511–561 of the Tax Affected Public: Business or other for-
Reform Act of 1984. The regulations profit organizations.
DEPARTMENT OF THE TREASURY
affect qualified employee benefit plans, Estimated Number of Responses:
welfare benefit funds, and employees Internal Revenue Service 1,700.
receiving benefits through such plans. Estimated Number of Respondents: 34
Current Actions: There are no changes Proposed Collection; Comment hours, 3 minutes.
being made at this time. Request for Form 5452
Type of Review: Extension of a Estimated Total Annual Burden
AGENCY: Internal Revenue Service (IRS), Hours: 57,885.
currently approved collection.
Treasury. The following paragraph applies to all
Affected Public: Business or other for-
profit organizations, not-for-profit ACTION: Notice and request for of the collections of information covered
institutions, and individuals. comments. by this notice:
Estimated Number of Respondents: SUMMARY: The Department of the An agency may not conduct or
7,800. Treasury, as part of its continuing effort sponsor, and a person is not required to
Estimated Time per Respondent: 31 to reduce paperwork and respondent respond to, a collection of information
minutes. burden, invites the general public and unless the collection of information
Estimated Total Annual Burden displays a valid OMB control number.
other Federal agencies to take this
Hours: 4,000. Books or records relating to a collection
opportunity to comment on proposed
Title: Excise Tax Under Section and/or continuing information of information must be retained as long
4980B, 4980D, 4980E & 4980G. collections, as required by the as their contents may become material
OMB Number: 1545–2146. Paperwork Reduction Act of 1995, in the administration of any internal
Regulation Project Number: TD 9457
Public Law 104–13 (44 U.S.C. revenue law. Generally, tax returns and
(REG–120476–07).
3506(c)(2)(A)). Currently, the IRS is tax return information are confidential,
Abstract: This final regulation provide
soliciting comments concerning Form as required by 26 U.S.C. 6103.
the requirement for filing of the return
5452, Corporate Report of Nondividend Request for Comments: Comments
and the time for filing a return for the
Distributions. submitted in response to this notice will
payment of the excise taxes under
DATES: Written comments should be be summarized and/or included in the
section 4980B, 4980D, 4980E, and
4980G. received on or before July 20, 2015 to be request for OMB approval. All
Current Actions: There is no change to assured of consideration. comments will become a matter of
this existing regulation. ADDRESSES: Direct all written comments public record. Comments are invited on:
Type of Review: Extension of a to Christie Preston, Internal Revenue (a) Whether the collection of
currently approved collection. Service, Room 6129, 1111 Constitution information is necessary for the proper
Affected Public: Business or other for- Avenue NW., Washington, DC 20224. performance of the functions of the
profit organizations, not-for-profit FOR FURTHER INFORMATION CONTACT: agency, including whether the
organizations, and individuals. Requests for additional information or information shall have practical utility;
Estimated Number of Respondents: copies of the form and instructions (b) the accuracy of the agency’s estimate
5,000. should be directed to R. Joseph Durbala of the burden of the collection of
Estimated Time per Respondent: .50 at Internal Revenue Service, Room 6129, information; (c) ways to enhance the
hours. 1111 Constitution Avenue NW., quality, utility, and clarity of the
Estimated Total Annual Burden Washington, DC 20224, or at (202) 317– information to be collected; (d) ways to
Hours: 2,500. 5746, or through the internet at minimize the burden of the collection of
The following paragraph applies to all RJoseph.Durbala@irs.gov. information on respondents, including
of the collections of information covered SUPPLEMENTARY INFORMATION: through the use of automated collection
by this notice: Title: Corporate Report of techniques or other forms of information
An agency may not conduct or sponsor, Nondividend Distributions. technology; and (e) estimates of capital
and a person is not required to respond to, OMB Number: 1545–0205. or start-up costs and costs of operation,
a collection of information unless the Form Number: 5452. maintenance, and purchase of services
collection of information displays a valid Abstract: Form 5452 is used by
OMB control number. Books or records
to provide information.
corporations to report their nontaxable
relating to a collection of information must distributions as required by Internal Approved: May 11, 2015.
be retained as long as their contents may Christie Preston,
become material in the administration of any Revenue Code section 604(d)(2). The
information is used by IRS to verify that IRS, Reports Clearance Office.
internal revenue law. Generally, tax returns
and tax return information are confidential, the distributions are nontaxable as [FR Doc. 2015–12002 Filed 5–18–15; 8:45 am]
as required by 26 U.S.C. 6103. claimed. BILLING CODE 4830–01–P
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Document Created: 2015-12-15 15:29:29
Document Modified: 2015-12-15 15:29:29

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 July 20, 2015 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to R. Joseph Durbala at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or at (202) 317-5746, or through the internet at [email protected]
FR Citation		80 FR 28765

80 FR 28765 - Proposed Collection; Comment Request for Form 5452

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 80, Issue 96 (May 19, 2015)

DEPARTMENT OF THE TREASURY
Internal Revenue Service