81 FR 19716 - Proposed Collection; Comment Request for Notice 97-45
DEPARTMENT OF THE TREASURY
Internal Revenue Service Federal Register Volume 81, Issue 65 (April 5, 2016)
Internal Revenue Service
Federal Register Volume 81, Issue 65 (April 5, 2016)
| Page Range | 19716-19716 | |
| FR Document | 2016-07756 |
[Federal Register Volume 81, Number 65 (Tuesday, April 5, 2016)] [Notices] [Page 19716] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-07756] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Notice 97-45 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 Notice 97-45, Highly Compensated Employee Definition. 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 6526, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the notice should be directed to Kerry Dennis, at Internal Revenue Service, room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at [email protected]. SUPPLEMENTARY INFORMATION: Title: Highly Compensated Employee Definition. OMB Number: 1545-1550. Notice Number: Notice 97-45. Abstract: Notice 97-45 provides guidance on the definition of highly compensated employee (HCE) within the meaning of section 414(q) of the Internal Revenue Code, as simplified by section 1431 of the Small Business Job Protection Act of 1996, including an employer's option to make a top-paid group election under section 414(q)(1)(B)(ii). The notice requires qualified retirement plans that contain a definition of HCE to be amended to reflect the statutory changes to section 414(q). Current Actions: There are no changes being made to the notice at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other for-profit organizations, and not-for-profit institutions. Estimated Number of Respondents: 218,683. Estimated Time per Respondent: 18 minutes. Estimated Total Annual Burden Hours: 65,605. 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 16, 2016. Tuawana Pinkston, IRS Reports Clearance Officer. [FR Doc. 2016-07756 Filed 4-4-16; 8:45 am] BILLING CODE 4830-01-P
![19716 Federal Register / Vol. 81, No. 65 / Tuesday, April 5, 2016 / Notices
information on respondents, including Service, Room 6526, 1111 Constitution An agency may not conduct or
through the use of automated collection Avenue NW., Washington, DC 20224. sponsor, and a person is not required to
techniques or other forms of information FOR FURTHER INFORMATION CONTACT: respond to, a collection of information
technology; and (e) estimates of capital Requests for additional information or unless the collection of information
or start-up costs and costs of operation, copies of the notice should be directed displays a valid OMB control number.
maintenance, and purchase of services to Kerry Dennis, at Internal Revenue Books or records relating to a collection
to provide information. Service, room 6526, 1111 Constitution of information must be retained as long
Approved: March 16, 2016. Avenue NW., Washington, DC 20224, or as their contents may become material
Tuawana Pinkston, through the internet at Kerry.Dennis@ in the administration of any internal
IRS Reports Clearance Officer. irs.gov. revenue law. Generally, tax returns and
[FR Doc. 2016–07755 Filed 4–4–16; 8:45 am] SUPPLEMENTARY INFORMATION: tax return information are confidential,
BILLING CODE 4830–01–P Title: Highly Compensated Employee as required by 26 U.S.C. 6103.
Definition. Request for Comments: Comments
OMB Number: 1545–1550.
Notice Number: Notice 97–45. submitted in response to this notice will
DEPARTMENT OF THE TREASURY
Abstract: Notice 97–45 provides be summarized and/or included in the
Internal Revenue Service guidance on the definition of highly request for OMB approval. All
compensated employee (HCE) within comments will become a matter of
Proposed Collection; Comment the meaning of section 414(q) of the public record. Comments are invited on:
Request for Notice 97–45 Internal Revenue Code, as simplified by (a) Whether the collection of
AGENCY: Internal Revenue Service (IRS), section 1431 of the Small Business Job information is necessary for the proper
Treasury. Protection Act of 1996, including an performance of the functions of the
employer’s option to make a top-paid agency, including whether the
ACTION: Notice and request for
group election under section information shall have practical utility;
comments.
414(q)(1)(B)(ii). The notice requires (b) the accuracy of the agency’s estimate
SUMMARY: The Department of the qualified retirement plans that contain a of the burden of the collection of
Treasury, as part of its continuing effort definition of HCE to be amended to information; (c) ways to enhance the
to reduce paperwork and respondent reflect the statutory changes to section quality, utility, and clarity of the
burden, invites the general public and 414(q). information to be collected; (d) ways to
other Federal agencies to take this Current Actions: There are no changes minimize the burden of the collection of
opportunity to comment on proposed being made to the notice at this time. information on respondents, including
and/or continuing information Type of Review: Extension of a
currently approved collection. through the use of automated collection
collections, as required by the techniques or other forms of information
Paperwork Reduction Act of 1995, Affected Public: Business or other for-
profit organizations, and not-for-profit technology; and (e) estimates of capital
Public Law 104–13 (44 U.S.C.
institutions. or start-up costs and costs of operation,
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning Notice Estimated Number of Respondents: maintenance, and purchase of services
97–45, Highly Compensated Employee 218,683. to provide information.
Definition. Estimated Time per Respondent: 18 Approved: March 16, 2016.
minutes.
DATES: Written comments should be Estimated Total Annual Burden Tuawana Pinkston,
received on or before June 6, 2016 to be Hours: 65,605. IRS Reports Clearance Officer.
assured of consideration. The following paragraph applies to all [FR Doc. 2016–07756 Filed 4–4–16; 8:45 am]
ADDRESSES: Direct all written comments of the collections of information covered BILLING CODE 4830–01–P
to Tuawana Pinkston, Internal Revenue by this notice:
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Document Created: 2018-02-07 13:53:49
Document Modified: 2018-02-07 13:53:49
| 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 June 6, 2016 to be assured of consideration. | |
| Contact | Requests for additional information or copies of the notice should be directed to Kerry Dennis, at Internal Revenue Service, room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet at [email protected] | |
| FR Citation | 81 FR 19716 |
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