80 FR 52095 - Proposed Collection; Comment Request for Revenue Procedure

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 166 (August 27, 2015)

Page Range		52095-52096
FR Document		2015-21256

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 Revenue Procedure 97-27, Changes in Methods of Accounting.

Federal Register, Volume 80 Issue 166 (Thursday, August 27, 2015)

[Federal Register Volume 80, Number 166 (Thursday, August 27, 2015)]
[Notices]
[Pages 52095-52096]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-21256]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed 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)). Currently, the IRS is soliciting comments concerning 
Revenue Procedure 97-27, Changes in Methods of Accounting.

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

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

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies this revenue procedure should be directed to Martha R. Brinson, 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Changes in Methods of Accounting.
    OMB Number: 1545-1541.
    Regulation Project Number: Revenue Procedure 97-27, as modified by 
Revenue Procedures 97-30 and Revenue Procedure 2002-19.
    Abstract: The information requested in Revenue Procedure 97-27 is 
required in order for the Commissioner to determine whether the 
taxpayer properly is requesting to change its method of accounting and 
the terms and conditions of that change.
    Current Actions: There are no changes being made to the revenue 
procedure at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, 
individuals, not-for-profit institutions, and farms.
    Estimated Number of Respondents: 3,276.
    Estimated Time per Respondent: 2 hours, 46 minutes.
    Estimated Total Annual Burden Hours: 9,083.
    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

[[Page 52096]]

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: August 18, 2015.
Martha R. Brinson,
IRS, Tax Analyst.
[FR Doc. 2015-21256 Filed 8-26-15; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 80, No. 166 / Thursday, August 27, 2015 / Notices 52095

through the use of automated collection Type of Review: Extension of a to reduce paperwork and respondent
techniques or other forms of information currently approved collection. burden, invites the general public and
technology; and (e) estimates of capital Affected Public: Business or other for- other Federal agencies to take this
or start-up costs and costs of operation, profit organizations, and individuals. opportunity to comment on proposed
maintenance, and purchase of services Estimated Number of Responses: 350. and/or continuing information
to provide information. Estimated Time per Response: 11 collections, as required by the
Approved: August 19, 2015.
minutes. Paperwork Reduction Act of 1995,
Estimated Total Annual Burden Public Law 104–13 (44 U.S.C.
Martha R. Brinson,
Hours: 67. 3506(c)(2)(A)). Currently, the IRS is
IRS, Tax Analyst. The following paragraph applies to all soliciting comments concerning
[FR Doc. 2015–21257 Filed 8–26–15; 8:45 am] of the collections of information covered Revenue Procedure 97–27, Changes in
BILLING CODE 4830–01–P by this notice: Methods of Accounting.
An agency may not conduct or
DATES: Written comments should be
sponsor, and a person is not required to
DEPARTMENT OF THE TREASURY received on or before October 26, 2015
respond to, a collection of information
to be assured of consideration.
unless the collection of information
Internal Revenue Service ADDRESSES: Direct all written comments
displays a valid OMB control number.
Books or records relating to a collection to Christie A. Preston, Internal Revenue
Proposed Collection; Comment Service, Room 6129, 1111 Constitution
Request for Form 1099–CAP of information must be retained as long
as their contents may become material Avenue NW., Washington, DC 20224.
AGENCY: Internal Revenue Service (IRS), in the administration of any internal FOR FURTHER INFORMATION CONTACT:
Treasury. revenue law. Generally, tax returns and Requests for additional information or
ACTION: Notice and request for tax return information are confidential, copies this revenue procedure should be
comments. as required by 26 U.S.C. 6103. directed to Martha R. Brinson, Internal
Request for Comments: Comments Revenue Service, Room 6129, 1111
SUMMARY: The Department of the submitted in response to this notice will Constitution Avenue NW., Washington,
Treasury, as part of its continuing effort be summarized and/or included in the DC 20224, or through the Internet at
to reduce paperwork and respondent request for OMB approval. All Martha.R.Brinson@irs.gov.
burden, invites the general public and comments will become a matter of SUPPLEMENTARY INFORMATION:
other Federal agencies to take this public record. Comments are invited on: Title: Changes in Methods of
opportunity to comment on proposed (a) Whether the collection of Accounting.
and/or continuing information information is necessary for the proper OMB Number: 1545–1541.
collections, as required by the performance of the functions of the Regulation Project Number: Revenue
Paperwork Reduction Act of 1995, agency, including whether the Procedure 97–27, as modified by
Public Law 104–13 (44 U.S.C. information shall have practical utility; Revenue Procedures 97–30 and Revenue
3506(c)(2)(A)). Currently, the IRS is (b) the accuracy of the agency’s estimate Procedure 2002–19.
soliciting comments concerning Form of the burden of the collection of Abstract: The information requested
1099–CAP, Changes in Corporate information; (c) ways to enhance the in Revenue Procedure 97–27 is required
Control and Capital Structure. quality, utility, and clarity of the in order for the Commissioner to
DATES: Written comments should be information to be collected; (d) ways to determine whether the taxpayer
received on or before October 26, 2015 minimize the burden of the collection of properly is requesting to change its
to be assured of consideration. information on respondents, including method of accounting and the terms and
through the use of automated collection conditions of that change.
ADDRESSES: Direct all written comments
techniques or other forms of information Current Actions: There are no changes
to Christie Preston, Internal Revenue
technology; and (e) estimates of capital being made to the revenue procedure at
Service, Room 6129, 1111 Constitution
or start-up costs and costs of operation, this time.
Avenue NW., Washington, DC 20224.
maintenance, and purchase of services Type of Review: Extension of a
FOR FURTHER INFORMATION CONTACT: currently approved collection.
to provide information.
Requests for additional information or Affected Public: Business or other for-
copies of the form and instructions Approved: August 18, 2015.
profit organizations, individuals, not-
should be directed to R. Joseph Durbala, R. Joseph Durbala, for-profit institutions, and farms.
at (202) 317–5746, or at Internal IRS, Tax Analyst. Estimated Number of Respondents:
Revenue Service, Room 6129, 1111 [FR Doc. 2015–21088 Filed 8–26–15; 8:45 am] 3,276.
Constitution Avenue NW., Washington, BILLING CODE 4830–01–P Estimated Time per Respondent: 2
DC 20224, or through the Internet, at hours, 46 minutes.
RJoseph.Durbala@irs.gov. Estimated Total Annual Burden
SUPPLEMENTARY INFORMATION: DEPARTMENT OF THE TREASURY Hours: 9,083.
Title: Changes in Corporate Control The following paragraph applies to all
and Capital Structure. Internal Revenue Service of the collections of information covered
OMB Number: 1545–1814. by this notice:
Proposed Collection; Comment An agency may not conduct or
Form Number: 1099–CAP.
Abstract: Any corporation that Request for Revenue Procedure sponsor, and a person is not required to
rmajette on DSK2VPTVN1PROD with NOTICES

undergoes reorganization under AGENCY: Internal Revenue Service (IRS), respond to, a collection of information
Regulation section 1.6043–4T with Treasury. unless the collection of information
stock, cash, and other property over ACTION: Notice and request for displays a valid OMB control number.
$100 million must file Form 1099–CAP comments. Books or records relating to a collection
with IRS shareholders. of information must be retained as long
Current Actions: There are no changes SUMMARY: The Department of the as their contents may become material
being made to the form at this time. Treasury, as part of its continuing effort in the administration of any internal

VerDate Sep<11>2014 15:08 Aug 26, 2015 Jkt 235001 PO 00000 Frm 00070 Fmt 4703 Sfmt 4703 E:\FR\FM\27AUN1.SGM 27AUN1

52096 Federal Register / Vol. 80, No. 166 / Thursday, August 27, 2015 / Notices

revenue law. Generally, tax returns and FOR FURTHER INFORMATION CONTACT: maintenance, and purchase of services
tax return information are confidential, Requests for additional information or to provide information.
as required by 26 U.S.C. 6103. copies of the form and instructions Approved: August 19, 2015.
Request for Comments: Comments should be directed to Allan Hopkins at Allan Hopkins,
submitted in response to this notice will Internal Revenue Service, room 6129,
Tax Analyst.
be summarized and/or included in the 1111 Constitution Avenue NW.,
[FR Doc. 2015–21059 Filed 8–26–15; 8:45 am]
request for OMB approval. All Washington, DC 20224, or through the
internet at Allan.M.Hopkins@irs.gov. BILLING CODE 4830–01–P
comments will become a matter of
public record. Comments are invited on: SUPPLEMENTARY INFORMATION:
(a) Whether the collection of Title: Geographic Availability
information is necessary for the proper Statement. DEPARTMENT OF VETERANS
performance of the functions of the OMB Number: 1545–0973. AFFAIRS
agency, including whether the Form Number: 8569.
Privacy Act of 1974: Computer
information shall have practical utility; Abstract: This form is used to collect
Matching Program
(b) the accuracy of the agency’s estimate information from applicants for the
of the burden of the collection of Senior Executive Service Candidate AGENCY: Department of Veterans Affairs.
information; (c) ways to enhance the Development Program and other ACTION:Notice of Computer Matching
quality, utility, and clarity of the executive positions. The form states an Program.
information to be collected; (d) ways to applicant’s minimum area of availability
minimize the burden of the collection of and is used for future job replacement SUMMARY: Notice is hereby given that
information on respondents, including consideration. the Department of Veterans Affairs (VA)
through the use of automated collection Current Actions: There are no changes intends to conduct a recurring computer
techniques or other forms of information being made to Form 8569 at this time. matching program. This will match
technology; and (e) estimates of capital Type of Review: Extension of a personnel records of the Department of
or start-up costs and costs of operation, currently approved collection. Defense (DoD) with VA records of
maintenance, and purchase of services Affected Public: Individuals and the benefit recipients under the
to provide information. Federal Government. Montgomery GI Bill—Active Duty,
Approved: August 18, 2015. Estimated Number of Respondents: Montgomery GI Bill—Selected Reserve,
Martha R. Brinson, 500. Post-9/11 GI Bill, and Reserve
Estimated Total Annual Burden Educational Assistance Program.
IRS, Tax Analyst.
Hours: 84. The goal of these matches is to
[FR Doc. 2015–21256 Filed 8–26–15; 8:45 am]
The following paragraph applies to all identify the eligibility status of veterans,
BILLING CODE 4830–01–P
of the collections of information covered servicemembers, and reservists who
by this notice: have applied for or who are receiving
An agency may not conduct or education benefit payments under the
DEPARTMENT OF THE TREASURY
sponsor, and a person is not required to Montgomery GI Bill—Active Duty,
Internal Revenue Service respond to, a collection of information Montgomery GI Bill—Selected Reserve,
unless the collection of information Post-9/11 GI Bill, and Reserve
Proposed Collection; Comment displays a valid OMB control number. Educational Assistance Program. The
Request for Form 8569 Books or records relating to a collection purpose of the match is to enable VA to
of information must be retained as long verify that individuals meet the
AGENCY: Internal Revenue Service (IRS), as their contents may become material conditions of military service and
Treasury. in the administration of any internal eligibility criteria for payment of
Notice and request for
ACTION: revenue law. Generally, tax returns and benefits determined by VA under the
comments. tax return information are confidential, Montgomery GI Bill—Active Duty,
as required by 26 U.S.C. 6103. Montgomery GI Bill—Selected Reserve,
SUMMARY: The Department of the Request for Comments: Comments Post-9/11 GI Bill, and Reserve
Treasury, as part of its continuing effort submitted in response to this notice will Educational Assistance Program.
to reduce paperwork and respondent be summarized and/or included in the The authority to conduct this match is
burden, invites the general public and request for OMB approval. All found in 38 U.S.C. 3684A(a)(1). The
other Federal agencies to take this comments will become a matter of records covered include eligibility
opportunity to comment on proposed public record. Comments are invited on: records extracted from DoD personnel
and/or continuing information (a) Whether the collection of files and benefit records that VA
collections, as required by the information is necessary for the proper establishes for all individuals who have
Paperwork Reduction Act of 1995, performance of the functions of the applied for and/or are receiving, or have
Public Law 104–13 (44 U.S.C. agency, including whether the received education benefit payments
3506(c)(2)(A)). Currently, the IRS is information shall have practical utility; under the Montgomery GI Bill—Active
soliciting comments concerning Form (b) the accuracy of the agency’s estimate Duty, Montgomery GI Bill—Selected
8569, Geographic Availability of the burden of the collection of Reserve, Post-9/11 GI Bill, and Reserve
Statement. information; (c) ways to enhance the Educational Assistance Program. These
quality, utility, and clarity of the benefit records are contained in a VA
rmajette on DSK2VPTVN1PROD with NOTICES

DATES: Written comments should be information to be collected; (d) ways to system of records identified as 58VA21/
received on or before October 26, 2015 minimize the burden of the collection of 22/28 entitled: Compensation, Pension,
to be assured of consideration. information on respondents, including Education, and Vocational
ADDRESSES: Direct all written comments through the use of automated collection Rehabilitation and Employment
to Christie Preston, Internal Revenue techniques or other forms of information Records—VA, first published in the
Service, Room 6129, 1111 Constitution technology; and (e) estimates of capital Federal Register at 74 FR 9294 (March
Avenue NW., Washington, DC 20224. or start-up costs and costs of operation, 3, 1976), and last amended at 77 FR

VerDate Sep<11>2014 15:08 Aug 26, 2015 Jkt 235001 PO 00000 Frm 00071 Fmt 4703 Sfmt 4703 E:\FR\FM\27AUN1.SGM 27AUN1

Document Created: 2015-12-15 10:53:33
Document Modified: 2015-12-15 10:53:33

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 October 26, 2015 to be assured of consideration.
Contact		Requests for additional information or copies this revenue procedure should be directed to Martha R. Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		80 FR 52095

80 FR 52095 - Proposed Collection; Comment Request for Revenue Procedure

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 80, Issue 166 (August 27, 2015)

DEPARTMENT OF THE TREASURY
Internal Revenue Service