81_FR_19778 81 FR 19713 - Proposed Collection; Comment Request for Revenue Procedure 2000-37 (Modified by Revenue Procedure 2004-51)

81 FR 19713 - Proposed Collection; Comment Request for Revenue Procedure 2000-37 (Modified by Revenue Procedure 2004-51)

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 65 (April 5, 2016)

Page Range19713-19714
FR Document2016-07757

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 2000-37, Reverse Like-Kind Exchanges (modified by Revenue Procedure 2004-51).

Federal Register, Volume 81 Issue 65 (Tuesday, April 5, 2016) 
[Federal Register Volume 81, Number 65 (Tuesday, April 5, 2016)]
[Notices]
[Pages 19713-19714]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-07757]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2000-
37 (Modified by Revenue Procedure 2004-51)

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 
Revenue Procedure 2000-37, Reverse Like-Kind Exchanges (modified by 
Revenue Procedure 2004-51).

DATES: Written comments should be received on or before June 6, 2016 to 
be assured of consideration.

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

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the 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: Reverse Like-Kind Exchanges.

[[Page 19714]]

    OMB Number: 1545-1701.
    Revenue Procedure Number: Revenue Procedure 2000-37 (modified by RP 
2004-51).
    Abstract: Revenue Procedure 2000-37 provides a safe harbor for 
reverse like-kind exchanges in which a transaction using a ``qualified 
exchange accommodation arrangement'' will qualify for non-recognition 
treatment under section 1031 of the Internal Revenue Code. Revenue 
Procedure 2004-51 modifies sections 1 and 4 of Rev. Proc. 2000-37, 
2000-2 C.B. 308, to provide that Rev. Proc. 2000-37 does not apply if 
the taxpayer owns the property intended to qualify as replacement 
property before initiating a qualified exchange accommodation 
arrangement (QEAA).
    Current Actions: There are no changes being made to the burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or households, business or other for-
profit organizations, and farms.
    Estimated Number of Respondents: 1,600.
    Estimated Time per Respondent: 2 hours.
    Estimated Total Annual Burden Hours: 3,200.
    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 10, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016-07757 Filed 4-4-16; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 65 / Tuesday, April 5, 2016 / Notices 19713 ORGANISATION; a.k.a. AR–RAHMAN DATES: Written comments should be agency, including whether the WELFARE ORGANIZATION; a.k.a. AR– received on or before June 6, 2016 to be information shall have practical utility; RAHNA WELFARE ORGANISATION; a.k.a. assured of consideration. (b) the accuracy of the agency’s estimate SCOTPAK BUILD PVT LTD; a.k.a. ‘‘AL of the burden of the collection of RAHMAN ORGANIZATION’’; a.k.a. ‘‘AL ADDRESSES: Direct all written comments RAHMAN WELFARE FOUNDATION’’; a.k.a. to Tuawana Pinkston, Internal Revenue information; (c) ways to enhance the ‘‘RWO’’), House A, Street 40,, Sector F–10/4, Service, Room 6526, 1111 Constitution quality, utility, and clarity of the Islamabad, Pakistan; RWO Head Office, Avenue NW., Washington, DC 20224. information to be collected; (d) ways to House B, Street 40, Sector F–10/4, Islamabad, FOR FURTHER INFORMATION CONTACT: minimize the burden of the collection of Pakistan; Jamiah Asma Lil Banaat, New Requests for additional information or information on respondents, including Nadra Office, Lakki Marwat, Pakistan; Near through the use of automated collection copies of the form and instructions the Mahdi Imami Bohamri Mosque, Sam techniques or other forms of information Kano Moor, Peshawar, Pakistan; Peshawar, should be directed to Allan Hopkins, at Internal Revenue Service, Room 6129, technology; and (e) estimates of capital Pakistan; Registered Charity No. 2150/5/4129 or start-up costs and costs of operation, (Pakistan); alt. Registered Charity No. 749/5/ 1111 Constitution Avenue NW., 4129 (Pakistan) [SDGT] (Linked To: Washington, DC 20224, or through the maintenance, and purchase of services MCLINTOCK, James Alexander). internet at Allan.M.Hopkins@irs.gov. to provide information. 2. JAMIA ASARIYA MADRASSA (a.k.a. SUPPLEMENTARY INFORMATION: Approved: March 30, 2016. AL JAMATUL ASARYAH MADRASSA; Title: Authorized Cyber Assistant Allan Hopkins, a.k.a. AL JAMIA AL ASARIA; a.k.a. AL JAMIAH AL ASARIA MADRASSA; a.k.a. Host Application. Tax Analyst. AL–JAMAHATUL ASREYA MADRASSA; OMB Number: 1545–2170. [FR Doc. 2016–07753 Filed 4–4–16; 8:45 am] a.k.a. AL–JAMIA AL–ASARIA MADRASSA; Form Number: (GMC 6–25–09). BILLING CODE 4830–01–P a.k.a. JAMA’AT UL–SARIA MOSQUE; a.k.a. Abstract: The form is used by a JAMAH–YE SARYA MADRASSA; a.k.a. business to apply to become an JAMEAT–UL ASRYA MADRASSA; a.k.a. Authorized Cyber Assistant Host. DEPARTMENT OF THE TREASURY JAMEHA–E–AL AHSERYA MADRASSA; Information on this form will be used to a.k.a. JAMIA AL–ASSARIA MADRASSA; assist in determining whether the Internal Revenue Service a.k.a. JAMIA ASRIYA MADRASSA; a.k.a. applicant meets the qualifications to JAMIA ASSARIA MADRASSA; a.k.a. become a Cyber Assistant Host. Cyber Proposed Collection; Comment JAMIAE HAZAREA MADRASSA; a.k.a. Request for Revenue Procedure 2000– JAMIYYA ASRIYYA; a.k.a. MADRASSA Assistant is a software program that assists in the preparation of Form 1023, 37 (Modified by Revenue Procedure JAMIA AL–ASRIA; f.k.a. MADRASSA Application for Recognition of 2004–51) TALIM QURAN USONA), Inqilab Road, Village Chamkani, Peshawar, Khyber Exemption under Section 501(c)(3). AGENCY: Internal Revenue Service (IRS), Pakhtunkhwa 25001, Pakistan [SDGT] Current Actions: There are no changes Treasury. (Linked To: NURISTANI, Abdul Aziz; Linked being made to the form at this time. To: LASHKAR E–TAYYIBA). ACTION: Notice and request for Type of Review: Extension of a comments. Dated: March 31, 2016. previously approved collection. Andrea Gacki, Affected Public: Business or other for- SUMMARY: The Department of the Acting Director, Office of Foreign Assets profit organizations and other not-for- Treasury, as part of its continuing effort Control. profit institutions. to reduce paperwork and respondent [FR Doc. 2016–07737 Filed 4–4–16; 8:45 am] Estimated Number of Respondents: burden, invites the general public and 100. other Federal agencies to take this BILLING CODE 4810–AL–P Estimated Time per Respondent: 2 opportunity to comment on proposed hrs. and/or continuing information DEPARTMENT OF THE TREASURY Estimated Total Annual Burden collections, as required by the Hours: 200. Paperwork Reduction Act of 1995, Internal Revenue Service The following paragraph applies to all Public Law 104–13 (44 U.S.C. of the collections of information covered 3506(c)(2)(A)). Currently, the IRS is Proposed Collection; Comment by this notice: soliciting comments concerning Request for Form (GMC 6–25–09) An agency may not conduct or Revenue Procedure 2000–37, Reverse sponsor, and a person is not required to Like-Kind Exchanges (modified by AGENCY: Internal Revenue Service (IRS), respond to, a collection of information Treasury. Revenue Procedure 2004–51). unless the collection of information DATES: Written comments should be Notice and request for ACTION: displays a valid OMB control number. received on or before June 6, 2016 to be comments. Books or records relating to a collection assured of consideration. of information must be retained as long SUMMARY: The Department of the as their contents may become material ADDRESSES: Direct all written comments Treasury, as part of its continuing effort in the administration of any internal to Tuawana Pinkston, Internal Revenue to reduce paperwork and respondent revenue law. Generally, tax returns and Service, Room 6129, 1111 Constitution burden, invites the general public and tax return information are confidential, Avenue NW., Washington, DC 20224. other Federal agencies to take this as required by 26 U.S.C. 6103. FOR FURTHER INFORMATION CONTACT: opportunity to comment on proposed Request for Comments: Comments Requests for additional information or asabaliauskas on DSK3SPTVN1PROD with NOTICES and/or continuing information submitted in response to this notice will copies of the revenue procedure should collections, as required by the be summarized and/or included in the be directed to Martha R. Brinson, Paperwork Reduction Act of 1995, request for OMB approval. All Internal Revenue Service, Room 6129, Public Law 104–13(44 U.S.C. comments will become a matter of 1111 Constitution Avenue NW., 3506(c)(2)(A)). Currently, the IRS is public record. Comments are invited on: Washington, DC 20224, or through the soliciting comments concerning Form (a) Whether the collection of Internet at Martha.R.Brinson@irs.gov. (GMC 6–25–09), Authorized Cyber information is necessary for the proper SUPPLEMENTARY INFORMATION: Assistant Host Application. performance of the functions of the Title: Reverse Like-Kind Exchanges. VerDate Sep<11>2014 17:18 Apr 04, 2016 Jkt 238001 PO 00000 Frm 00165 Fmt 4703 Sfmt 4703 E:\FR\FM\05APN1.SGM 05APN1

19714 Federal Register / Vol. 81, No. 65 / Tuesday, April 5, 2016 / Notices OMB Number: 1545–1701. technology; and (e) estimates of capital Type of Review: Extension of a Revenue Procedure Number: Revenue or start-up costs and costs of operation, currently approved collection. Procedure 2000–37 (modified by RP maintenance, and purchase of services Affected Public: Business or other for- 2004–51). to provide information. profit organizations. Abstract: Revenue Procedure 2000–37 Approved: March 10, 2016. Estimated Number of Respondents: provides a safe harbor for reverse like- 300. Tuawana Pinkston, kind exchanges in which a transaction Estimated Average Time per IRS Reports Clearance Officer. using a ‘‘qualified exchange Respondent: 1 hour. accommodation arrangement’’ will [FR Doc. 2016–07757 Filed 4–4–16; 8:45 am] BILLING CODE 4830–01–P Estimated Total Annual Reporting qualify for non-recognition treatment Hours: 300. under section 1031 of the Internal Revenue Code. Revenue Procedure The following paragraph applies to all 2004–51 modifies sections 1 and 4 of DEPARTMENT OF THE TREASURY of the collections of information covered Rev. Proc. 2000–37, 2000–2 C.B. 308, to by this notice: Internal Revenue Service An agency may not conduct or provide that Rev. Proc. 2000–37 does not apply if the taxpayer owns the sponsor, and a person is not required to Proposed Collection; Comment property intended to qualify as respond to, a collection of information Request for Regulation Project replacement property before initiating a unless the collection of information qualified exchange accommodation AGENCY: Internal Revenue Service (IRS), displays a valid OMB control number. arrangement (QEAA). Treasury. Books or records relating to a collection Current Actions: There are no changes ACTION: Notice and request for of information must be retained as long being made to the burden previously comments. as their contents may become material approved by OMB. in the administration of any internal SUMMARY: The Department of the revenue law. Generally, tax returns and Type of Review: Extension of a Treasury, as part of its effort to reduce tax return information are confidential, currently approved collection. Affected Public: Individuals or paperwork and respondent burden, as required by 26 U.S.C. 6103. households, business or other for-profit invites the general public and other Request for Comments: Comments Federal agencies to take this submitted in response to this notice will organizations, and farms. Estimated Number of Respondents: opportunity to comment on proposed be summarized and/or included in the 1,600. and/or continuing information request for OMB approval. All Estimated Time per Respondent: 2 collections, as required by the comments will become a matter of hours. Paperwork Reduction Act of 1995, public record. Comments are invited on: Estimated Total Annual Burden Public Law 104–13 (44 U.S.C. (a) Whether the collection of Hours: 3,200. 3506(c)(2)(A)). Currently, the IRS is information is necessary for the proper The following paragraph applies to all soliciting comments concerning performance of the functions of the of the collections of information covered Definition of Contribution in Aid of agency, including whether the by this notice: Construction Under Section information shall have practical utility; An agency may not conduct or 118(c)(§ 1.118–2). (b) the accuracy of the agency’s estimate sponsor, and a person is not required to DATES: Written comments should be of the burden of the collection of respond to, a collection of information received on or before June 6, 2016 to be information; (c) ways to enhance the unless the collection of information assured of consideration. quality, utility, and clarity of the displays a valid OMB control number. ADDRESSES: Direct all written comments information to be collected; (d) ways to Books or records relating to a collection to Tuawana Pinkston, Internal Revenue minimize the burden of the collection of of information must be retained as long Service, Room 6526, 1111 Constitution information on respondents, including as their contents may become material Avenue NW., Washington, DC 20224. through the use of automated collection in the administration of any internal FOR FURTHER INFORMATION CONTACT: techniques or other forms of information revenue law. Generally, tax returns and Requests for copies of the regulation technology; and (e) estimates of capital tax return information are confidential, should be directed to Allan Hopkins, at or start-up costs and costs of operation, as required by 26 U.S.C. 6103. Internal Revenue Service, Room 6129, maintenance, and purchase of services Request for Comments: Comments 1111 Constitution Avenue NW., to provide information. submitted in response to this notice will Washington, DC 20224, or through the be summarized and/or included in the Approved: March 30, 2016. internet at Allan.M.Hopkins@irs.gov. request for OMB approval. All Allan Hopkins, SUPPLEMENTARY INFORMATION: comments will become a matter of Tax Analyst. Title: Definition of Contribution in public record. Comments are invited on: Aid of Construction Under Section [FR Doc. 2016–07812 Filed 4–4–16; 8:45 am] (a) Whether the collection of 118(c). BILLING CODE 4830–01–P information is necessary for the proper OMB Number: 1545–1639. performance of the functions of the Regulation Project Number: REG– agency, including whether the 106012–98 (TD 8936) DEPARTMENT OF THE TREASURY information shall have practical utility; Abstract: This regulation provides (b) the accuracy of the agency’s estimate guidance with respect to section 118(c), Internal Revenue Service asabaliauskas on DSK3SPTVN1PROD with NOTICES of the burden of the collection of which provides that a contribution in Proposed Collection; Comment information; (c) ways to enhance the aid of construction received by a Request for Form 706–GS(T) quality, utility, and clarity of the regulated public water or sewage utility information to be collected; (d) ways to is treated as a contribution to the capital AGENCY: Internal Revenue Service (IRS), minimize the burden of the collection of of the utility and excluded from gross Treasury. information on respondents, including income. ACTION: Notice and request for through the use of automated collection Current Actions: There is no change to comments. techniques or other forms of information these existing regulations. VerDate Sep<11>2014 17:18 Apr 04, 2016 Jkt 238001 PO 00000 Frm 00166 Fmt 4703 Sfmt 4703 E:\FR\FM\05APN1.SGM 05APN1


Document Created: 2018-02-07 13:53:30
Document Modified: 2018-02-07 13:53:30
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comments.
DatesWritten comments should be received on or before June 6, 2016 to be assured of consideration.
ContactRequests for additional information or copies of the 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 Citation81 FR 19713 
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