81 FR 32385 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 99 (May 23, 2016)

Page Range		32385-32385
FR Document		2016-12132

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 TD 8995, Mid-Contract Change in Taxpayer.

Federal Register, Volume 81 Issue 99 (Monday, May 23, 2016)

[Federal Register Volume 81, Number 99 (Monday, May 23, 2016)]
[Notices]
[Page 32385]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-12132]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

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 TD 
8995, Mid-Contract Change in Taxpayer.

DATES: Written comments should be received on or before July 22, 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 this regulation should be directed to Martha R. Brinson, 
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., 
Washington, DC 20224, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Mid-Contract Change in Taxpayer.
    OMB Number: 1545-1732.
    Regulation Project Number: TD 8995.
    Abstract: The information is needed by taxpayers who assume the 
obligation to account for the income from long-term contracts as the 
result of certain nontaxable transactions.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 5,000.
    Estimated Time per Respondent: 2 hrs.
    Estimated Total Annual Reporting Burden Hours: 10,000.
    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: May 12, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016-12132 Filed 5-20-16; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 99 / Monday, May 23, 2016 / Notices 32385

following entities on the SDN List and to account for the income from long- DEPARTMENT OF THE TREASURY
that these entities are no longer subject term contracts as the result of certain
to the blocking provisions of Section nontaxable transactions. Internal Revenue Service
1(b) of E.O. 13464: Current Actions: There is no change Proposed Collection; Comment
Entities in the paperwork burden previously Request for Revenue Procedure 2001–
1. CO-OPERATIVE EXPORT-IMPORT approved by OMB. 21
ENTERPRISE (a.k.a. CEIE), 259/263 Bogyoke Type of Review: Extension of a
Aung San Street, Yangon, Burma [BURMA] AGENCY: Internal Revenue Service (IRS),
currently approved collection.
2. NO. 1 MINING ENTERPRISE, 90 Kanbe Treasury.
Road, Yankin, Rangoon, Burma [BURMA] Affected Public: Business or other for- ACTION: Notice and request for
3. NO. 2 MINING ENTERPRISE, 90 Kanbe profit organizations. comments.
Road, Yankin, Rangoon, Burma [BURMA]
Estimated Number of Respondents:
4. NO. 3 MINING ENTERPRISE, 90 Kanbe SUMMARY: The Department of the
Road, Yankin, Rangoon, Burma [BURMA] 5,000.
Treasury, as part of its continuing effort
Dated: May 17, 2016. Estimated Time per Respondent: 2 to reduce paperwork and respondent
John E. Smith, hrs. burden, invites the general public and
Acting Director, Office of Foreign Assets Estimated Total Annual Reporting other Federal agencies to take this
Control. Burden Hours: 10,000. opportunity to comment on proposed
[FR Doc. 2016–12011 Filed 5–20–16; 8:45 am] The following paragraph applies to all and/or continuing information
BILLING CODE 4810–AL–P of the collections of information covered collections, as required by the
by this notice: Paperwork Reduction Act of 1995,
Public Law 104–13 (44 U.S.C.
DEPARTMENT OF THE TREASURY An agency may not conduct or 3506(c)(2)(A)). Currently, the IRS is
sponsor, and a person is not required to soliciting comments concerning
Internal Revenue Service respond to, a collection of information Revenue Procedure 2001–21, Debt Roll-
unless the collection of information Ups.
Proposed Collection; Comment displays a valid OMB control number.
Request for Regulation Project DATES: Written comments should be
Books or records relating to a collection received on or before July 22, 2016 to be
AGENCY: Internal Revenue Service (IRS), of information must be retained as long assured of consideration.
Treasury. as their contents may become material ADDRESSES: Direct all written comments
ACTION: Notice and request for in the administration of any internal to Tuawana Pinkston, Internal Revenue
comments. revenue law. Generally, tax returns and Service, Room 6526, 1111 Constitution
tax return information are confidential, Avenue NW., Washington, DC 20224.
SUMMARY: The Department of the as required by 26 U.S.C. 6103.
Treasury, as part of its continuing effort FOR FURTHER INFORMATION CONTACT:
to reduce paperwork and respondent Request for Comments: Comments Requests for additional information or
burden, invites the general public and submitted in response to this notice will copies of the regulations should be
other Federal agencies to take this be summarized and/or included in the directed to Allan Hopkins at Internal
opportunity to comment on proposed request for OMB approval. All Revenue Service, Room 6129, 1111
and/or continuing information comments will become a matter of Constitution Avenue NW., Washington,
collections, as required by the public record. Comments are invited on: DC 20224, or through the internet at
Paperwork Reduction Act of 1995, (a) Whether the collection of Allan.M.Hopkins@irs.gov.
Public Law 104–13 (44 U.S.C. information is necessary for the proper SUPPLEMENTARY INFORMATION:
3506(c)(2)(A)). Currently, the IRS is performance of the functions of the Title: Debt Roll-Ups.
soliciting comments concerning TD agency, including whether the OMB Number: 1545–1647.
8995, Mid-Contract Change in Taxpayer. information shall have practical utility; Revenue Procedure Number: Revenue
DATES: Written comments should be (b) the accuracy of the agency’s estimate Procedure 2001–21.
received on or before July 22, 2016 to be of the burden of the collection of Abstract: Revenue Procedure 2001–21
assured of consideration. information; (c) ways to enhance the provides for an election that will
ADDRESSES: Direct all written comments quality, utility, and clarity of the facilitate the consolidation of two or
to Tuawana Pinkston, Internal Revenue information to be collected; (d) ways to more outstanding debt instruments into
Service, Room 6526, 1111 Constitution minimize the burden of the collection of a single debt instrument. Under the
Avenue NW., Washington, DC 20224. information on respondents, including election, taxpayers can treat certain
FOR FURTHER INFORMATION CONTACT: through the use of automated collection exchanges of debt instruments as
Requests for additional information or techniques or other forms of information realization events for federal income tax
copies of this regulation should be technology; and (e) estimates of capital purposes even though the exchanges do
directed to Martha R. Brinson, Internal not result in significant medications
or start-up costs and costs of operation,
Revenue Service, Room 6526, 1111 under section 1.1001–3 of the Income
maintenance, and purchase of services
Constitution Avenue NW., Washington, Tax Regulations.
to provide information.
DC 20224, or through the Internet at Current Actions: There are no changes
Approved: May 12, 2016. to the paperwork burden relating to this
sradovich on DSK3TPTVN1PROD with NOTICES

Martha.R.Brinson@irs.gov.
SUPPLEMENTARY INFORMATION: Tuawana Pinkston, revenue procedure at this time.
Title: Mid-Contract Change in IRS Reports Clearance Officer. Type of Review: Reinstatement of a
Taxpayer. [FR Doc. 2016–12132 Filed 5–20–16; 8:45 am] previously approved collection.
OMB Number: 1545–1732. Affected Public: Business or other for-
BILLING CODE 4830–01–P
Regulation Project Number: TD 8995. profit organizations.
Abstract: The information is needed Estimated Number of Respondents:
by taxpayers who assume the obligation 100.

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Document Created: 2018-02-07 15:07:39
Document Modified: 2018-02-07 15:07:39

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 July 22, 2016 to be assured of consideration.
Contact		Requests for additional information or copies of this regulation should be directed to Martha R. Brinson, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		81 FR 32385

81 FR 32385 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 99 (May 23, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service