80 FR 75171 - Proposed Collection; Comment Request for Form 8613

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 230 (December 1, 2015)

Page Range		75171-75172
FR Document		2015-30378

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 8613, Return of Excise Tax on Undistributed Income of Regulated Investment Companies.

Federal Register, Volume 80 Issue 230 (Tuesday, December 1, 2015)

[Federal Register Volume 80, Number 230 (Tuesday, December 1, 2015)]
[Notices]
[Pages 75171-75172]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-30378]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8613

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

[[Page 75172]]

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 8613, Return of Excise Tax on Undistributed 
Income of Regulated Investment Companies.

DATES: Written comments should be received on or before February 1, 
2016 to be assured of consideration.

ADDRESSES: Direct all written comments to Michael Joplin 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 Sara 
Covington at Internal Revenue Service, Room 6129, 1111 Constitution 
Avenue NW., Washington, DC 20224, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Return of Excise Tax on Undistributed Income of Regulated 
Investment Companies.
    OMB Number: 1545-1016.
    Form Number: 8613.
    Abstract: Form 8613 is used by regulated investment companies to 
compute and pay the excise tax on undistributed income imposed under 
Internal Revenue Code section 4982. IRS uses the information to verify 
that the correct amount of tax has been reported.
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 1,500.
    Estimated Time per Respondent: 11 hours, 53 minutes.
    Estimated Total Annual Burden Hours: 17,820.
    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: November 20, 2015.
Michael A. Joplin,
IRS Supervisory Tax Analyst.
[FR Doc. 2015-30378 Filed 11-30-15; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 80, No. 230 / Tuesday, December 1, 2015 / Notices 75171

return (in such form as the Secretary DEPARTMENT OF THE TREASURY Estimated Time per Recordkeeper: 1
may prescribe) setting forth: (1) hour.
Information identifying and describing Internal Revenue Service Estimated Total Annual Burden
the transaction; (2) information Hours: 50,000.
describing any potential tax benefits Proposed Collection; Comment The following paragraph applies to all
expected to result from the transaction; Request for Regulation Project of the collections of information covered
and (3) such other information as the by this notice:
AGENCY: Internal Revenue Service (IRS),
Secretary may prescribe. An agency may not conduct or
Treasury.
sponsor, and a person is not required to
Current Actions: There are no changes ACTION: Notice and request for respond to, a collection of information
being made to the form at this time. comments. unless the collection of information
Type of Review: Extension of a displays a valid OMB control number.
currently approved collection. SUMMARY: The Department of the
Books or records relating to a collection
Treasury, as part of its continuing effort
Affected Public: Business or other for- of information must be retained as long
to reduce paperwork and respondent
profit organizations and individuals or as their contents may become material
burden, invites the general public and
households. in the administration of any Internal
other Federal agencies to take this
Estimated Number of Respondents: Revenue law. Generally, tax returns and
opportunity to comment on proposed
350. tax return information are confidential,
and/or continuing information
as required by 26 U.S.C. 6103.
Estimated Time per Respondent: 14 collections, as required by the Request for Comments: Comments
hrs., 56 minutes. Paperwork Reduction Act of 1995, submitted in response to this notice will
Estimated Total Annual Burden Public Law 104–13 (44 U.S.C. be summarized and/or included in the
Hours: 5,096. 3506(c)(2)(A)). Currently, the IRS is request for OMB approval. All
soliciting comments concerning an comments will become a matter of
The following paragraph applies to all existing notice of proposed rulemaking
of the collections of information covered public record. Comments are invited on:
and temporary regulations, FI–255–82 (a) Whether the collection of
by this notice: (TD 7852), Registration Requirements information is necessary for the proper
An agency may not conduct or With Respect to Debt Obligations performance of the functions of the
sponsor, and a person is not required to (§ 5f.103–1(c)). agency, including whether the
respond to, a collection of information DATES: Written comments should be information shall have practical utility;
unless the collection of information received on or before February 1, 2016 (b) the accuracy of the agency’s estimate
displays a valid OMB control number. to be assured of consideration. of the burden of the collection of
Books or records relating to a collection
ADDRESSES: Direct all written comments information; (c) ways to enhance the
of information must be retained as long
to Christie Preston, Internal Revenue quality, utility, and clarity of the
as their contents may become material
Service, Room 6129, 1111 Constitution information to be collected; (d) ways to
in the administration of any internal
Avenue NW., Washington, DC 20224. minimize the burden of the collection of
revenue law. Generally, tax returns and
FOR FURTHER INFORMATION CONTACT: information on respondents, including
tax return information are confidential,
Requests for additional information or through the use of automated collection
as required by 26 U.S.C. 6103.
copies of regulation should be directed techniques or other forms of information
Request for Comments: Comments to LaNita Van Dyke, Internal Revenue technology; and (e) estimates of capital
submitted in response to this notice will Service, Room 6517, 1111 Constitution or start-up costs and costs of operation,
be summarized and/or included in the Avenue NW., Washington, DC 20224, or maintenance, and purchase of services
request for OMB approval. All through the Internet at to provide information.
comments will become a matter of Lanita.VanDyke@irs.gov. Approved: November 20, 2015.
public record. Comments are invited on:
SUPPLEMENTARY INFORMATION: Michael Joplin,
(a) Whether the collection of
information is necessary for the proper Title: Registration Requirements With IRS Reports Clearance Officer.
performance of the functions of the Respect to Debt Obligations. [FR Doc. 2015–30368 Filed 11–30–15; 8:45 am]
agency, including whether the OMB Number: 1545–0945. BILLING CODE 4830–01–P
information shall have practical utility; Regulation Project Number: FI–255–
(b) the accuracy of the agency’s estimate 82.
of the burden of the collection of Abstract: These regulations require an DEPARTMENT OF THE TREASURY
information; (c) ways to enhance the issuer of a registration-required
quality, utility, and clarity of the obligation and any person holding the Internal Revenue Service
information to be collected; (d) ways to obligation as a nominee or custodian on
behalf of another to maintain ownership Proposed Collection; Comment
minimize the burden of the collection of Request for Form 8613
information on respondents, including records in a manner which will permit
through the use of automated collection examination by the Internal Revenue AGENCY: Internal Revenue Service (IRS),
techniques or other forms of information Service in connection with enforcement Treasury.
technology; and (e) estimates of capital of the Internal Revenue laws. ACTION: Notice and request for
or start-up costs and costs of operation, Current Actions: There is no change to comments.
maintenance, and purchase of services this existing regulation.
tkelley on DSK3SPTVN1PROD with NOTICES

to provide information. Type of Review: Extension of OMB SUMMARY: The Department of the
approval. Treasury, as part of its continuing effort
Approved: November 20, 2015. Affected Public: Business or other for- to reduce paperwork and respondent
Michael A. Joplin, profit organizations and, state, local or burden, invites the general public and
IRS Supervisory Tax Analyst. tribal governments. other Federal agencies to take this
[FR Doc. 2015–30376 Filed 11–30–15; 8:45 am] Estimated Number of Recordkeepers: opportunity to comment on proposed
BILLING CODE 4830–01–P 50,000. and/or continuing information

VerDate Sep<11>2014 23:35 Nov 30, 2015 Jkt 238001 PO 00000 Frm 00129 Fmt 4703 Sfmt 4703 E:\FR\FM\01DEN1.SGM 01DEN1

75172 Federal Register / Vol. 80, No. 230 / Tuesday, December 1, 2015 / Notices

collections, as required by the public record. Comments are invited on: SUPPLEMENTARY INFORMATION:
Paperwork Reduction Act of 1995, (a) Whether the collection of Title: Information Reporting on
Public Law 104–13 (44 U.S.C. information is necessary for the proper Transactions With Foreign Trusts and
3506(c)(2)(A)). Currently, the IRS is performance of the functions of the on Large Foreign Gifts.
soliciting comments concerning Form agency, including whether the
8613, Return of Excise Tax on information shall have practical utility; OMB Number: 1545–1538.
Undistributed Income of Regulated (b) the accuracy of the agency’s estimate Notice Number: Notice 97–34.
Investment Companies. of the burden of the collection of Abstract: Notice 97–34 provides
DATES: Written comments should be information; (c) ways to enhance the guidance on the foreign trust and
received on or before February 1, 2016 quality, utility, and clarity of the foreign gift information reporting
to be assured of consideration. information to be collected; (d) ways to provisions contained in the Small
ADDRESSES: Direct all written comments minimize the burden of the collection of Business Job Protection Act of 1996.
to Michael Joplin Internal Revenue information on respondents, including
through the use of automated collection Current Actions: There are no changes
Service, Room 6129, 1111 Constitution being made to the notice at this time.
Avenue NW., Washington, DC 20224. techniques or other forms of information
technology; and (e) estimates of capital Type of Review: Extension of a
FOR FURTHER INFORMATION CONTACT:
or start-up costs and costs of operation, currently approved collection.
Requests for additional information or
maintenance, and purchase of services Affected Public: Individuals or
copies of the form and instructions
to provide information. households, business or other for-profit
should be directed to Sara Covington at
Internal Revenue Service, Room 6129, Approved: November 20, 2015. organizations, and not-for-profit
1111 Constitution Avenue NW., Michael A. Joplin, institutions.
Washington, DC 20224, or through the IRS Supervisory Tax Analyst. Estimated Number of Respondents:
Internet at Sara.L.Covington@irs.gov. [FR Doc. 2015–30378 Filed 11–30–15; 8:45 am] 5,000.
SUPPLEMENTARY INFORMATION: BILLING CODE 4830–01–P Estimated Time per Respondent: 45
Title: Return of Excise Tax on minutes.
Undistributed Income of Regulated
DEPARTMENT OF THE TREASURY Estimated Total Annual Burden
Investment Companies.
Hours: 3,750.
OMB Number: 1545–1016.
Form Number: 8613. Internal Revenue Service The following paragraph applies to all
Abstract: Form 8613 is used by of the collections of information covered
regulated investment companies to Proposed Collection; Comment
by this notice:
compute and pay the excise tax on Request for Notice 97–34
An agency may not conduct or
undistributed income imposed under AGENCY: Internal Revenue Service (IRS), sponsor, and a person is not required to
Internal Revenue Code section 4982. IRS Treasury. respond to, a collection of information
uses the information to verify that the ACTION: Notice and request for unless the collection of information
correct amount of tax has been reported. comments. displays a valid OMB control number.
Current Actions: There are no changes
Books or records relating to a collection
being made to the form at this time. SUMMARY: The Department of the of information must be retained as long
Type of Review: Extension of a Treasury, as part of its continuing effort as their contents may become material
currently approved collection. to reduce paperwork and respondent in the administration of any internal
Affected Public: Business or other for- burden, invites the general public and revenue law. Generally, tax returns and
profit organizations. other Federal agencies to take this
Estimated Number of Respondents: tax return information are confidential,
opportunity to comment on proposed as required by 26 U.S.C. 6103.
1,500. and/or continuing information
Estimated Time per Respondent: 11 collections, as required by the Request for Comments: Comments
hours, 53 minutes. Paperwork Reduction Act of 1995, submitted in response to this notice will
Estimated Total Annual Burden Public Law 104–13 (44 U.S.C. be summarized and/or included in the
Hours: 17,820. 3506(c)(2)(A)). Currently, the IRS is request for OMB approval. All
The following paragraph applies to all soliciting comments concerning Notice comments will become a matter of
of the collections of information covered 97–34, Information Reporting on public record. Comments are invited on:
by this notice: Transactions With Foreign Trusts and (a) Whether the collection of
An agency may not conduct or on Large Foreign Gifts. information is necessary for the proper
sponsor, and a person is not required to performance of the functions of the
DATES: Written comments should be
respond to, a collection of information agency, including whether the
unless the collection of information received on or before February 1, 2016 information shall have practical utility;
displays a valid OMB control number. to be assured of consideration. (b) the accuracy of the agency’s estimate
Books or records relating to a collection ADDRESSES: Direct all written comments of the burden of the collection of
of information must be retained as long to Michael Joplin, Internal Revenue information; (c) ways to enhance the
as their contents may become material Service, Room 6129, 1111 Constitution quality, utility, and clarity of the
in the administration of any internal Avenue NW., Washington, DC 20224. information to be collected; (d) ways to
revenue law. Generally, tax returns and FOR FURTHER INFORMATION CONTACT: minimize the burden of the collection of
tkelley on DSK3SPTVN1PROD with NOTICES

tax return information are confidential, Requests for additional information or information on respondents, including
as required by 26 U.S.C. 6103. copies of notice should be directed to through the use of automated collection
Request for Comments: Comments Sara Covington, at Internal Revenue techniques or other forms of information
submitted in response to this notice will Service, room 6129, 1111 Constitution technology; and (e) estimates of capital
be summarized and/or included in the Avenue NW., Washington, DC 20224, or or start-up costs and costs of operation,
request for OMB approval. All through the Internet at maintenance, and purchase of services
comments will become a matter of Sara.L.Covington@irs.gov. to provide information.

VerDate Sep<11>2014 23:35 Nov 30, 2015 Jkt 238001 PO 00000 Frm 00130 Fmt 4703 Sfmt 4703 E:\FR\FM\01DEN1.SGM 01DEN1

Document Created: 2018-03-02 09:10:44
Document Modified: 2018-03-02 09:10:44

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 February 1, 2016 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to Sara Covington at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		80 FR 75171

80 FR 75171 - Proposed Collection; Comment Request for Form 8613

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 80, Issue 230 (December 1, 2015)

DEPARTMENT OF THE TREASURY
Internal Revenue Service