80 FR 8136 - Proposed Information Collection; Comment Request

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 30 (February 13, 2015)

Page Range		8136-8136
FR Document		2015-03047

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 8957, Foreign Account Tax Compliance Act (FATCA) Registration, Form 8966, FATCA Report, Form 8966-C, Cover Sheet for Form 8966 Paper Submissions, Form 8508-I, Request for Waiver From Filing Information Returns Electronically, and Form 8809-I, Application for Extension of Time To File Information Returns.

Federal Register, Volume 80 Issue 30 (Friday, February 13, 2015)

[Federal Register Volume 80, Number 30 (Friday, February 13, 2015)]
[Notices]
[Page 8136]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-03047]



[[Page 8136]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Information Collection; Comment Request

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 
Form 8957, Foreign Account Tax Compliance Act (FATCA) Registration, 
Form 8966, FATCA Report, Form 8966-C, Cover Sheet for Form 8966 Paper 
Submissions, Form 8508-I, Request for Waiver From Filing Information 
Returns Electronically, and Form 8809-I, Application for Extension of 
Time To File Information Returns.

DATES: Written comments should be received on or before April 14, 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 information collection and instructions should be 
addressed 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: Form 8957, Application for Foreign Account Tax Compliance 
Act (FATCA) Registration, Form 8966, FATCA Report, Form 8966-C, Cover 
Sheet for Form 8966 Paper Submissions, Form 8508-I, Request for Waiver 
From Filing Information Returns Electronically, and Form 8809-I, 
Application for Extension of Time To File Information Returns.
    OMB Number: 1545-2246.
    Form Numbers: 8957, 8966, 8966-C, 8508-I, 8809-I.
    Abstract: The IRS has developed these forms under the authority of 
IRC section 1471(b), which was added by Public Law 111-47, section 
501(a). Section 1471 is part of the new Foreign Account Tax Compliance 
Act (FATCA) legislative framework to obtain reporting from foreign 
financial institutions on the accounts held in their institutions by 
U.S. persons.

    Title: Cover Sheet for Form 8966 Paper Submissions.
    OMB Number: 1545-2246.
    Form Number: 8966-C.
    Abstract: Form 8966-C is used to authenticate the Form 8966, U.S. 
Income Tax Return for Estates and Trusts, and to ensure the ability to 
identify discrepancies between the number of forms received versus 
those claimed to have been sent by the filer.

    Title: Request for Waiver From Filing Returns Electronically.
    OMB Number: 1545-2246.
    Form Number: 8508-I.
    Abstract: Form 8508-I is used for taxpayers to request a waiver 
from filing Form 8966 electronically.

    Title: Application for Extension of Time To file Information 
Returns.
    OMB Number: 1545-2246.
    Form Number: 8909-I.
    Abstract: Form 8809-I is used to request an initial or additional 
extension of time for file 8966 for the current year.

    Current Actions: There are no changes being made to Forms 8957 and 
8966, However, Forms 8966-C, 8508-I, and 8809-I are new forms.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Business and other for profit and not-for-profit 
institutions.

Form 8966-C

    Estimated Number of Respondents: 1,000.
    Estimated Time per Response: 7 minutes.
    Estimated Total Annual Burden Hours: 120.

Form 8508-I

    Estimated Number of Respondents: 50,000.
    Estimated Time per Response: 4 hrs., 17 minutes.
    Estimated Total Annual Burden Hours: 214,500.

Form 8809-I

    Estimated Number of Respondents: 50,000.
    Estimated Time per Response: 3 hrs., 22 minutes.
    Estimated Total Annual Burden Hours: 168,000.

Totals for This Collection (All Three Forms)

    Estimated Number of Respondents: 101,000.
    Estimated Total Annual Burden Hours: 382,620.
    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 agency's functions, including whether the 
information has 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 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.

    Dated: February 9, 2015.
Allan Hopkins,
Tax Analyst.
[FR Doc. 2015-03047 Filed 2-12-15; 8:45 am]
BILLING CODE 4830-01-P

8136 Federal Register / Vol. 80, No. 30 / Friday, February 13, 2015 / Notices

DEPARTMENT OF THE TREASURY legislative framework to obtain The following paragraph applies to all
reporting from foreign financial of the collections of information covered
Internal Revenue Service institutions on the accounts held in by this notice:
their institutions by U.S. persons. An agency may not conduct or
Proposed Information Collection; Title: Cover Sheet for Form 8966 sponsor, and a person is not required to
Comment Request Paper Submissions. respond to a collection of information,
AGENCY: Internal Revenue Service (IRS), OMB Number: 1545–2246. unless the collection of information
Treasury. Form Number: 8966–C. displays a valid OMB control number.
ACTION: Notice and request for Abstract: Form 8966–C is used to Books or records relating to a collection
comments. authenticate the Form 8966, U.S. of information must be retained as long
Income Tax Return for Estates and as their contents may become material
SUMMARY: The Department of the Trusts, and to ensure the ability to in the administration of any internal
Treasury, as part of its continuing effort identify discrepancies between the revenue law. Generally, tax returns and
to reduce paperwork and respondent number of forms received versus those tax return information are confidential,
burden, invites the general public and claimed to have been sent by the filer. as required by 26 U.S.C. 6103.
other Federal agencies to take this Title: Request for Waiver From Filing Request for Comments: Comments
opportunity to comment on proposed Returns Electronically. submitted in response to this notice will
and/or continuing information OMB Number: 1545–2246. be summarized and/or included in the
collections, as required by the Form Number: 8508–I. request for OMB approval. All
Paperwork Reduction Act of 1995, Abstract: Form 8508–I is used for comments will become a matter of
Public Law 104–13 (44 U.S.C. taxpayers to request a waiver from filing public record. Comments are invited on:
3506(c)(2)(A)). Currently, the IRS is Form 8966 electronically. (a) Whether the collection of
soliciting comments concerning Form Title: Application for Extension of information is necessary for the proper
8957, Foreign Account Tax Compliance Time To file Information Returns. performance of the agency’s functions,
Act (FATCA) Registration, Form 8966, OMB Number: 1545–2246. including whether the information has
FATCA Report, Form 8966–C, Cover Form Number: 8909–I. practical utility; (b) the accuracy of the
Sheet for Form 8966 Paper Submissions, Abstract: Form 8809–I is used to agency’s estimate of the burden of the
Form 8508–I, Request for Waiver From request an initial or additional collection of information; (c) ways to
Filing Information Returns extension of time for file 8966 for the enhance the quality, utility, and clarity
Electronically, and Form 8809–I, current year. of the information to be collected; (d)
Application for Extension of Time To Current Actions: There are no changes ways to minimize the burden of the
File Information Returns. being made to Forms 8957 and 8966, collection of information on
DATES: Written comments should be However, Forms 8966–C, 8508–I, and respondents, including the use of
received on or before April 14, 2015 to 8809–I are new forms. automated collection techniques or
be assured of consideration. Type of Review: Revision of a other forms of information technology;
ADDRESSES: Direct all written comments currently approved collection. and (e) estimates of capital or start-up
to Christie Preston, Internal Revenue Affected Public: Business and other costs and costs of operation,
Service, Room 6129, 1111 Constitution for profit and not-for-profit institutions. maintenance, and purchase of services
Avenue NW., Washington, DC 20224. to provide information.
Form 8966–C
FOR FURTHER INFORMATION CONTACT: Dated: February 9, 2015.
Requests for additional information, or Estimated Number of Respondents:
Allan Hopkins,
copies of the information collection and 1,000.
Estimated Time per Response: 7 Tax Analyst.
instructions should be addressed to [FR Doc. 2015–03047 Filed 2–12–15; 8:45 am]
minutes.
Allan Hopkins, at Internal Revenue
Estimated Total Annual Burden BILLING CODE 4830–01–P
Service, Room 6129, 1111 Constitution
Hours: 120.
Avenue NW., Washington, DC 20224, or
through the Internet, at Form 8508–I
U.S.-CHINA ECONOMIC AND
Allan.M.Hopkins@irs.gov. Estimated Number of Respondents: SECURITY REVIEW COMMISSION
SUPPLEMENTARY INFORMATION: 50,000.
Title: Form 8957, Application for Estimated Time per Response: 4 hrs., Notice of Open Public Hearing
Foreign Account Tax Compliance Act 17 minutes.
(FATCA) Registration, Form 8966, Estimated Total Annual Burden AGENCY: U.S.-China Economic and
FATCA Report, Form 8966–C, Cover Hours: 214,500. Security Review Commission
Sheet for Form 8966 Paper Submissions, ACTION: Notice of open public hearing—
Form 8508–I, Request for Waiver From Form 8809–I February 18, 2015, Washington, DC.
Filing Information Returns Estimated Number of Respondents:
Electronically, and Form 8809–I, 50,000. SUMMARY: Notice is hereby given of the
Application for Extension of Time To Estimated Time per Response: 3 hrs., following hearing of the U.S.-China
File Information Returns. 22 minutes. Economic and Security Review
OMB Number: 1545–2246. Estimated Total Annual Burden Commission.
Form Numbers: 8957, 8966, 8966–C, Hours: 168,000. Name: William A. Reinsch, Chairman
tkelley on DSK3SPTVN1PROD with NOTICES

8508–I, 8809–I. of the U.S.-China Economic and
Abstract: The IRS has developed these Totals for This Collection (All Three Security Review Commission. The
forms under the authority of IRC section Forms) Commission is mandated by Congress to
1471(b), which was added by Public Estimated Number of Respondents: investigate, assess, and report to
Law 111–47, section 501(a). Section 101,000. Congress annually on ‘‘the national
1471 is part of the new Foreign Account Estimated Total Annual Burden security implications of the economic
Tax Compliance Act (FATCA) Hours: 382,620. relationship between the United States

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Document Created: 2015-12-18 13:18:14
Document Modified: 2015-12-18 13:18:14

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 April 14, 2015 to be assured of consideration.
Contact		Requests for additional information, or copies of the information collection and instructions should be
FR Citation		80 FR 8136

80 FR 8136 - Proposed Information Collection; Comment Request

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 80, Issue 30 (February 13, 2015)

DEPARTMENT OF THE TREASURY
Internal Revenue Service