81_FR_54820 81 FR 54662 - Submission for OMB Review; Comment Request

81 FR 54662 - Submission for OMB Review; Comment Request

DEPARTMENT OF THE TREASURY

Federal Register Volume 81, Issue 158 (August 16, 2016)

Page Range54662-54663
FR Document2016-19508

Federal Register, Volume 81 Issue 158 (Tuesday, August 16, 2016)
[Federal Register Volume 81, Number 158 (Tuesday, August 16, 2016)]
[Notices]
[Pages 54662-54663]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-19508]


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

DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

August 11, 2016.
    The Department of the Treasury will submit the following 
information collection request to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before September 15, 2016 to 
be assured of consideration.

ADDRESSES: Send comments regarding the burden estimates, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8117, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submission may be 
obtained by emailing [email protected], calling (202) 622-1295, or 
viewing the entire information collection request at www.reginfo.gov.

Departmental Offices

    OMB Control Number: 1505-0016.
    Type of Review: Revision of a currently approved collection.
    Title: Treasury International Capital Form BQ-1, ``Report of 
Customers' U.S. Dollar Claims on Foreign Residents''.
    Form: Form BQ-1.
    Abstract: Form BQ-1 is required by law and is designed to collect 
timely information on international portfolio capital movements, in 
particular U.S. dollar claims of customers of U.S. resident financial 
institutions on foreign residents. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 1,492.

    OMB Control Number: 1505-0017.
    Type of Review: Revision of a currently approved collection.
    Title: Treasury International Capital Form BC, ``Report of U.S. 
Dollar Claims

[[Page 54663]]

of Financial Institutions on Foreign Residents''.
    Form: Form BC.
    Abstract: Form BC is required by law and is designated to collect 
timely information on international portfolio capital movements, in 
particular own U.S. dollar claims of U.S. resident financial 
institutions on foreign residents. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 51,660.

    OMB Control Number: 1505-0018.
    Type of Review: Revision of a currently approved collection.
    Title: Treasury International Capital Form BL-2, ``Report of 
Customers' U.S. Dollar Liabilities to Foreign Residents''.
    Form: Form BL-2.
    Abstract: Form BL-2 is required by law and is designed to collect 
timely information on international portfolio capital movements, in 
particular U.S. dollar liabilities of customers of U.S. resident 
financial institutions to foreign residents. The information is 
necessary in the computation of the U.S. balance of payments accounts 
and the U.S. international investment position, and in the formulation 
of U.S. international financial and monetary policies.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 11,081.

    OMB Control Number: 1505-0019.
    Type of Review: Revision of a currently approved collection.
    Title: Treasury International Capital Form BL-1, ``Report of U.S. 
Dollar Liabilities of Financial Institutions to Foreign Residents''.
    Form: Form BL-1.
    Abstract: Form BL-1 is required by law and is designed to collect 
timely information on international portfolio capital movements, in 
particular U.S. dollar liabilities of U.S. resident financial 
institutions to foreign residents. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 34,992.

    OMB Control Number: 1505-0020.
    Type of Review: Revision of a currently approved collection.
    Title: Treasury International Capital Form BQ-2, ``Part 1--Report 
of Foreign Currency Liabilities and Claims of Financial Institutions 
and of Their Domestic Customers' Foreign Currency Claims with Foreign 
Residents; and Part 2--Report of Customers' Foreign Currency 
Liabilities to Foreign Residents''.
    Form: Form BQ-2.
    Abstract: Form BQ-2 is required by law and is designed to collect 
timely information on international portfolio capital movements, in 
particular liabilities and claims of U.S. resident financial 
institutions, and of their domestic customers' liabilities and claims, 
with foreign residents, that are denominated in foreign currencies. 
This information is necessary in the computation of the U.S. balance of 
payments accounts and the U.S. international investment position, and 
in the formulation of U.S. international financial and monetary 
policies.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 6,210.

    OMB Control Number: 1505-0024.
    Type of Review: Revision of a currently approved collection.
    Title: Treasury International Capital (TIC) Form CQ-1, ``Report of 
Financial Liabilities to, and Financial Claims on, Unaffiliated Foreign 
Residents,'' and Form CQ-2, ``Report of Commercial Liabilities to, and 
Commercial Claims on, Unaffiliated Foreign-Residents''.
    Form: Form CQ-1, Form CQ-2.
    Abstract: Forms CQ-1 and CQ-2 are required by law to collect timely 
information on international portfolio capital movements, in particular 
data on financial and commercial liabilities to, and claims on, 
unaffiliated foreign residents held by non-financial enterprises in the 
U.S. This information is necessary in the computation of the U.S. 
balance of payments accounts and the U.S. international investment 
position, and in the formulation of U.S. international financial and 
monetary policies.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 3,832.

    OMB Control Number: 1505-0189.
    Type of Review: Revision of a currently approved collection.
    Title: Treasury International Capital Form BQ-3, ``Report of 
Maturities of Selected Liabilities and Claims of Financial Institutions 
with Foreign Residents''.
    Form: Form BQ-3.
    Abstract: Form BQ-3 is required by law and is designed to collect 
timely information on international portfolio capital movements, in 
particular maturities of selected U.S. dollar and foreign currency 
liabilities and claims of U.S. resident financial institutions with 
foreign residents. This information is necessary in the computation of 
the U.S. balance of payments accounts and the U.S. international 
investment position, and in the formulation of U.S. international 
financial and monetary policies.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 6,510.

Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-19508 Filed 8-15-16; 8:45 am]
 BILLING CODE 4810-25-P



                                                    54662                        Federal Register / Vol. 81, No. 158 / Tuesday, August 16, 2016 / Notices

                                                      Issued in Washington, DC, on August 10,               agencies furnish reports to the IRS                   DEPARTMENT OF THE TREASURY
                                                    2016, under authority delegated in 49 CFR               describing their safeguards.
                                                    part 107.                                                                                                     Submission for OMB Review;
                                                    William S. Schoonover,
                                                                                                               Current Actions: There are no changes
                                                                                                                                                                  Comment Request
                                                                                                            being made to Publication 1075 at this
                                                    Deputy Associate Administrator, Pipeline and
                                                    Hazardous Materials Safety Administration.              time.                                                 August 11, 2016.
                                                    [FR Doc. 2016–19414 Filed 8–15–16; 8:45 am]                Type of Review: Extension of a                        The Department of the Treasury will
                                                    BILLING CODE 4910–60–P                                  currently approved collection.                        submit the following information
                                                                                                                                                                  collection request to the Office of
                                                                                                               Affected Public: Business or other for-
                                                                                                                                                                  Management and Budget (OMB) for
                                                                                                            profit organizations, not-for-profit                  review and clearance in accordance
                                                    DEPARTMENT OF THE TREASURY                              institutions, and Federal, state, local, or           with the Paperwork Reduction Act of
                                                                                                            tribal governments.                                   1995, Public Law 104–13, on or after the
                                                    Internal Revenue Service
                                                                                                               Estimated Number of Respondents:                   date of publication of this notice.
                                                    Proposed Collection; Comment                            5,100.                                                DATES: Comments should be received on
                                                    Request for Publication 1075                               Estimated Time per Respondent: 40                  or before September 15, 2016 to be
                                                                                                            hours.                                                assured of consideration.
                                                    AGENCY: Internal Revenue Service (IRS),
                                                                                                               Estimated Total Annual Burden                      ADDRESSES: Send comments regarding
                                                    Treasury.
                                                                                                            Hours: 204,000.                                       the burden estimates, or any other
                                                    ACTION: Notice and request for                                                                                aspect of the information collection,
                                                    comments.                                                  The following paragraph applies to all             including suggestions for reducing the
                                                                                                            of the collections of information covered             burden, to (1) Office of Information and
                                                    SUMMARY:    The Department of the                       by this notice:
                                                    Treasury, as part of its continuing effort                                                                    Regulatory Affairs, Office of
                                                    to reduce paperwork and respondent                         An agency may not conduct or                       Management and Budget, Attention:
                                                    burden, invites the general public and                  sponsor, and a person is not required to              Desk Officer for Treasury, New
                                                    other Federal agencies to take this                     respond to, a collection of information               Executive Office Building, Room 10235,
                                                    opportunity to comment on proposed                      unless the collection of information                  Washington, DC 20503, or email at
                                                    and/or continuing information                           displays a valid OMB control number.                  OIRA_Submission@OMB.EOP.gov and
                                                    collections, as required by the                         Books or records relating to a collection             (2) Treasury PRA Clearance Officer,
                                                    Paperwork Reduction Act of 1995,                        of information must be retained as long               1750 Pennsylvania Ave. NW., Suite
                                                    Public Law 104–13(44 U.S.C.                             as their contents may become material                 8117, Washington, DC 20220, or email
                                                    3506(c)(2)(A)). Currently, the IRS is                   in the administration of any internal                 at PRA@treasury.gov.
                                                    soliciting comments concerning                          revenue law. Generally, tax returns and               FOR FURTHER INFORMATION CONTACT:
                                                    Publication 1075, Tax Information                       tax return information are confidential,              Copies of the submission may be
                                                    Security Guidelines for Federal, State,                 as required by 26 U.S.C. 6103.                        obtained by emailing PRA@treasury.gov,
                                                    and Local Agencies.                                                                                           calling (202) 622–1295, or viewing the
                                                                                                               Request for Comments: Comments                     entire information collection request at
                                                    DATES: Written comments should be                       submitted in response to this notice will
                                                    received on or before October 17, 2016                                                                        www.reginfo.gov.
                                                                                                            be summarized and/or included in the
                                                    to be assured of consideration.                         request for OMB approval. All                         Departmental Offices
                                                    ADDRESSES: Direct all written comments                  comments will become a matter of                         OMB Control Number: 1505–0016.
                                                    to Tuawana Pinkston, Internal Revenue                   public record. Comments are invited on:                  Type of Review: Revision of a
                                                    Service, Room 6527, 1111 Constitution                   (a) Whether the collection of                         currently approved collection.
                                                    Avenue NW., Washington, DC 20224.                       information is necessary for the proper                  Title: Treasury International Capital
                                                    FOR FURTHER INFORMATION CONTACT:                        performance of the functions of the                   Form BQ–1, ‘‘Report of Customers’ U.S.
                                                    Requests for additional information or                  agency, including whether the                         Dollar Claims on Foreign Residents’’.
                                                    copies of the publication should be                     information shall have practical utility;                Form: Form BQ–1.
                                                    directed to R. Joseph Durbala, at Internal              (b) the accuracy of the agency’s estimate                Abstract: Form BQ–1 is required by
                                                    Revenue Service, Room 6129, 1111                        of the burden of the collection of                    law and is designed to collect timely
                                                    Constitution Avenue NW., Washington,                    information; (c) ways to enhance the                  information on international portfolio
                                                    DC 20224, or at (202) 317–5746, or                      quality, utility, and clarity of the                  capital movements, in particular U.S.
                                                    through the Internet at                                 information to be collected; (d) ways to              dollar claims of customers of U.S.
                                                    RJoseph.Durbala@irs.gov.                                                                                      resident financial institutions on foreign
                                                                                                            minimize the burden of the collection of
                                                    SUPPLEMENTARY INFORMATION:                                                                                    residents. The information is necessary
                                                                                                            information on respondents, including
                                                       Title: Tax Information Security                                                                            in the computation of the U.S. balance
                                                                                                            through the use of automated collection
                                                    Guidelines for Federal, State, and Local                                                                      of payments accounts and the U.S.
                                                                                                            techniques or other forms of information              international investment position, and
                                                    Agencies.                                               technology; and (e) estimates of capital
                                                       OMB Number: 1545–0962.                                                                                     in the formulation of U.S. international
                                                                                                            or start-up costs and costs of operation,             financial and monetary policies.
                                                       Form Number: Publication 1075.
                                                                                                            maintenance, and purchase of services                    Affected Public: Businesses or other
                                                       Abstract: Section 6103(p) of the
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                                                            to provide information.                               for-profits.
                                                    Internal Revenue Code requires the
                                                    Internal Revenue Service to provide                       Approved: August 9, 2016.                              Estimated Total Annual Burden
                                                    periodic reports to Congress describing                 R. Joseph Durbala,                                    Hours: 1,492.
                                                    safeguard procedures utilized by                        IRS, Tax Analyst.                                        OMB Control Number: 1505–0017.
                                                    agencies which receive information                      [FR Doc. 2016–19453 Filed 8–15–16; 8:45 am]
                                                                                                                                                                     Type of Review: Revision of a
                                                    from the IRS to protect the                                                                                   currently approved collection.
                                                                                                            BILLING CODE 4830–01–P
                                                    confidentially of the information. This                                                                          Title: Treasury International Capital
                                                    Code section also requires that these                                                                         Form BC, ‘‘Report of U.S. Dollar Claims


                                               VerDate Sep<11>2014   18:36 Aug 15, 2016   Jkt 238001   PO 00000   Frm 00113   Fmt 4703   Sfmt 4703   E:\FR\FM\16AUN1.SGM   16AUN1


                                                                                 Federal Register / Vol. 81, No. 158 / Tuesday, August 16, 2016 / Notices                                                 54663

                                                    of Financial Institutions on Foreign                    capital movements, in particular U.S.                 Liabilities to, and Commercial Claims
                                                    Residents’’.                                            dollar liabilities of U.S. resident                   on, Unaffiliated Foreign-Residents’’.
                                                       Form: Form BC.                                       financial institutions to foreign                        Form: Form CQ–1, Form CQ–2.
                                                       Abstract: Form BC is required by law                 residents. The information is necessary                  Abstract: Forms CQ–1 and CQ–2 are
                                                    and is designated to collect timely                     in the computation of the U.S. balance                required by law to collect timely
                                                    information on international portfolio                  of payments accounts and the U.S.                     information on international portfolio
                                                    capital movements, in particular own                    international investment position, and                capital movements, in particular data on
                                                    U.S. dollar claims of U.S. resident                     in the formulation of U.S. international              financial and commercial liabilities to,
                                                    financial institutions on foreign                       financial and monetary policies.                      and claims on, unaffiliated foreign
                                                    residents. The information is necessary                    Affected Public: Businesses or other               residents held by non-financial
                                                    in the computation of the U.S. balance                  for-profits.                                          enterprises in the U.S. This information
                                                    of payments accounts and the U.S.                          Estimated Total Annual Burden                      is necessary in the computation of the
                                                    international investment position, and                  Hours: 34,992.                                        U.S. balance of payments accounts and
                                                    in the formulation of U.S. international                   OMB Control Number: 1505–0020.                     the U.S. international investment
                                                    financial and monetary policies.                           Type of Review: Revision of a                      position, and in the formulation of U.S.
                                                       Affected Public: Businesses or other                 currently approved collection.                        international financial and monetary
                                                    for-profits.                                               Title: Treasury International Capital              policies.
                                                       Estimated Total Annual Burden                        Form BQ–2, ‘‘Part 1—Report of Foreign                    Affected Public: Businesses or other
                                                    Hours: 51,660.                                          Currency Liabilities and Claims of                    for-profits.
                                                       OMB Control Number: 1505–0018.                       Financial Institutions and of Their                      Estimated Total Annual Burden
                                                       Type of Review: Revision of a                        Domestic Customers’ Foreign Currency                  Hours: 3,832.
                                                    currently approved collection.                          Claims with Foreign Residents; and Part                  OMB Control Number: 1505–0189.
                                                       Title: Treasury International Capital                2—Report of Customers’ Foreign                           Type of Review: Revision of a
                                                    Form BL–2, ‘‘Report of Customers’ U.S.                  Currency Liabilities to Foreign                       currently approved collection.
                                                    Dollar Liabilities to Foreign Residents’’.              Residents’’.                                             Title: Treasury International Capital
                                                       Form: Form BL–2.                                        Form: Form BQ–2.                                   Form BQ–3, ‘‘Report of Maturities of
                                                       Abstract: Form BL–2 is required by                      Abstract: Form BQ–2 is required by                 Selected Liabilities and Claims of
                                                    law and is designed to collect timely                   law and is designed to collect timely                 Financial Institutions with Foreign
                                                    information on international portfolio                  information on international portfolio                Residents’’.
                                                    capital movements, in particular U.S.                   capital movements, in particular                         Form: Form BQ–3.
                                                    dollar liabilities of customers of U.S.                 liabilities and claims of U.S. resident                  Abstract: Form BQ–3 is required by
                                                    resident financial institutions to foreign              financial institutions, and of their                  law and is designed to collect timely
                                                    residents. The information is necessary                 domestic customers’ liabilities and                   information on international portfolio
                                                    in the computation of the U.S. balance                  claims, with foreign residents, that are              capital movements, in particular
                                                    of payments accounts and the U.S.                       denominated in foreign currencies. This               maturities of selected U.S. dollar and
                                                    international investment position, and                  information is necessary in the                       foreign currency liabilities and claims of
                                                    in the formulation of U.S. international                computation of the U.S. balance of                    U.S. resident financial institutions with
                                                    financial and monetary policies.                        payments accounts and the U.S.                        foreign residents. This information is
                                                       Affected Public: Businesses or other                 international investment position, and                necessary in the computation of the U.S.
                                                    for-profits.                                            in the formulation of U.S. international              balance of payments accounts and the
                                                       Estimated Total Annual Burden                        financial and monetary policies.                      U.S. international investment position,
                                                    Hours: 11,081.                                             Affected Public: Businesses or other               and in the formulation of U.S.
                                                       OMB Control Number: 1505–0019.                       for-profits.                                          international financial and monetary
                                                       Type of Review: Revision of a                           Estimated Total Annual Burden                      policies.
                                                    currently approved collection.                          Hours: 6,210.                                            Affected Public: Businesses or other
                                                       Title: Treasury International Capital                   OMB Control Number: 1505–0024.                     for-profits.
                                                    Form BL–1, ‘‘Report of U.S. Dollar                         Type of Review: Revision of a                         Estimated Total Annual Burden
                                                    Liabilities of Financial Institutions to                currently approved collection.                        Hours: 6,510.
                                                    Foreign Residents’’.                                       Title: Treasury International Capital
                                                       Form: Form BL–1.                                     (TIC) Form CQ–1, ‘‘Report of Financial                Brenda Simms,
                                                       Abstract: Form BL–1 is required by                   Liabilities to, and Financial Claims on,              Treasury PRA Clearance Officer.
                                                    law and is designed to collect timely                   Unaffiliated Foreign Residents,’’ and                 [FR Doc. 2016–19508 Filed 8–15–16; 8:45 am]
                                                    information on international portfolio                  Form CQ–2, ‘‘Report of Commercial                     BILLING CODE 4810–25–P
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                               VerDate Sep<11>2014   18:36 Aug 15, 2016   Jkt 238001   PO 00000   Frm 00114   Fmt 4703   Sfmt 9990   E:\FR\FM\16AUN1.SGM   16AUN1



Document Created: 2016-08-16 03:20:15
Document Modified: 2016-08-16 03:20:15
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
DatesComments should be received on or before September 15, 2016 to be assured of consideration.
ContactCopies of the submission may be obtained by emailing [email protected], calling (202) 622-1295, or viewing the entire information collection request at www.reginfo.gov.
FR Citation81 FR 54662 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR