81 FR 66121 - Proposed Collection; Comment Request for Form 1120-ND

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 186 (September 26, 2016)

Page Range		66121-66122
FR Document		2016-23175

The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the genera 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 1120-ND, Return for Nuclear Decommissioning Funds and Certain Related Persons.

Federal Register, Volume 81 Issue 186 (Monday, September 26, 2016)

[Federal Register Volume 81, Number 186 (Monday, September 26, 2016)]
[Notices]
[Pages 66121-66122]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-23175]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 1120-ND

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 genera 
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 1120-ND, Return for Nuclear Decommissioning Funds and Certain 
Related Persons.

DATES: Written comments should be received on or before November 25, 
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 form and instructions should be directed to LaNita Van 
Dyke at Internal Revenue Service, Room 6526, 1111 Constitution Avenue 
NW., Washington, DC 20224, or through the Internet at 
[email protected].

[[Page 66122]]


SUPPLEMENTARY INFORMATION: 
    Title: Return for Nuclear Decommissioning Funds and Certain Related 
Persons.
    OMB Number: 1545-0954.
    Form Number: 1120-ND.
    Abstract: A nuclear utility files Form 1120-ND to report the income 
and taxes of a fund set up by the public utility to provide cash to 
decommission the nuclear power plant. The IRS uses Form 1120-ND to 
determine if the fund income taxes are correctly computed and if an 
entity related to the fund or the nuclear utility must pay taxes on 
self-dealing, as required by Internal Revenue Code section 4951.
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 100.
    Estimated Time per Respondents: 32 hours, 35 minutes.
    Estimated Total Annual Burden Hours: 3,259.
    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: September 13, 2016.
Tuawana Pinkston,
Supervisory Tax Analyst.
[FR Doc. 2016-23175 Filed 9-23-16; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 186 / Monday, September 26, 2016 / Notices 66121

Switzerland; DOB 16 Jun 1938; POB Individuals POB Albaidah, Yemen; citizen Yemen;
Damascus, Syria; citizen Switzerland; 1. AL-’ANIZI, ’Abdallah Hadi ’Abd al- Passport 04796738 (Yemen) (individual)
alt. citizen Tunisia (individual) [SDGT]. Rahman Fayhan Sharban (a.k.a. AL- [SDGT] (Linked To: AL–QA’IDA IN THE
Dated: June 30, 2016. ’ANIZI, ’Abdallah Hadi ’Abd-al-Rahman ARABIAN PENINSULA).
6. MAHAMED, Mostafa (a.k.a. ABDEL
John E. Smith, Fihan Sharyan; a.k.a. AL-’ANIZI,
HAMID, Mostafa Mohamed; a.k.a.
Acting Director, Office of Foreign Assets ’Abdallah Hadi ’Abd-al-Rahman Fihan
FARAG, Mostafa; a.k.a. FARAG, Mostafa
Control. Shiryan; a.k.a. AL-’ANIZI, ’Abdullah
Mohamed; a.k.a. ‘‘AL AUSTRALI, Abu
[FR Doc. 2016–23070 Filed 9–23–16; 8:45 am] Hadi ’Abd al-Rahman Fayzan Sharifan;
Sulayman’’; a.k.a. ‘‘AL MUHAJIR, Abu
a.k.a. AL-’ANZI, ’Abdallah Hadi ’Abd
BILLING CODE 4810–AL–P Sulayman’’; a.k.a. ‘‘AL USTRALI, Abu
al-Rahman Fayhan Sharban; a.k.a. AL-
Sulayman’’; a.k.a. ‘‘AL-MASRI, Abu
ANZI, ’Abdallah Hadi ’Abd al-Rahman
Sulayman’’); DOB 14 Feb 1984; POB
DEPARTMENT OF THE TREASURY Fayhan Sharyan; a.k.a. AL-ANZI, Port Said, Egypt; nationality Australia;
’Abdallah Hadi ’Abd al-Rahman Fayzan alt. nationality Egypt; Passport
Office of Foreign Assets Control Sharifan al-Anzi; a.k.a. ‘‘AL-KUWAITI, M1898709 (Australia) expires 11 Oct
Zubayr’’; a.k.a. ‘‘AL-ZUBAYR, Abu’’), 2012; Driver’s License No. 13652517
Sanctions Actions Pursuant to Hawali, Hawali Governorate, Kuwait;
Executive Order 13224 (Australia) expires 19 Apr 2014
DOB 02 Aug 1984; POB Kuwait; citizen (individual) [SDGT] (Linked To: AL-
Kuwait; Passport 107609169 (Kuwait); NUSRAH FRONT).
AGENCY: Office of Foreign Assets Driver’s License No. 3284670 expires 21
Control, Treasury. Aug 2017; Identification Number Dated: May 19, 2016.
ACTION: Notice. 284080201511 (individual) [SDGT] John E. Smith,
(Linked To: AL QA’IDA; Linked To: AL- Acting Director, Office of Foreign Assets
SUMMARY: The Treasury Department’s NUSRAH FRONT). Control.
Office of Foreign Assets Control (OFAC) 2. AL-ZAIDI, Ghalib Abdullah (a.k.a. [FR Doc. 2016–23069 Filed 9–23–16; 8:45 am]
is publishing the names of 6 individuals AL-ZAYDI, Ghalib ’Abdallah ’Ali), BILLING CODE 4810–AL–P
whose property and interests in Yemen; DOB 1975; alt. DOB 1970; POB
property are blocked pursuant to Raqqah Region, Marib Governorate,
Executive Order 13224 of September 23, Yemen (individual) [SDGT] (Linked To: DEPARTMENT OF THE TREASURY
2001, ‘‘Blocking Property and AL-QA’IDA IN THE ARABIAN
Internal Revenue Service
Prohibiting Transactions With Persons PENINSULA).
Who Commit, Threaten To Commit, or 3. ‘AMMAR, Salmi Salama Salim Proposed Collection; Comment
Support Terrorism.’’ Sulayman (a.k.a. ‘‘‘ASRA, Abu’’; a.k.a. Request for Form 1120–ND
‘‘YUSRI’’); DOB 01 Jan 1979 to 31 Dec
DATES: OFAC’s actions described in this 1979 (individual) [SDGT] (Linked To: AGENCY: Internal Revenue Service (IRS),
notice were effective on May 19, 2016. ISIL SINAI PROVINCE). Treasury.
FOR FURTHER INFORMATION CONTACT: 4. AL-MUTAYRI, Abd al-Muhsin ACTION: Notice and request for
Associate Director for Global Targeting, Zabin Mutib Naif (a.k.a. AL-MUTAIRI, comments.
tel.: 202/622–2420, Assistant Director ’Abd al-Muhsin; a.k.a. AL-MUTAIRI,
Abdulmohsen Zeben Mutaab; a.k.a. AL- SUMMARY: The Department of the
for Sanctions Compliance & Evaluation,
MUTAYRI, ’Abd al-Muhsin Zaban; Treasury, as part of its continuing effort
tel.: 202/622–2490, Assistant Director
a.k.a. AL-MUTAYRI, ’Abd al-Muhsin to reduce paperwork and respondent
for Licensing, tel.: 202/622–2480, Office
Zabin Mut’ab; a.k.a. AL-MUTAYRI, burden, invites the genera public and
of Foreign Assets Control, or Chief
’Abd al-Muhsin Zabin Naif; a.k.a. AL- other Federal agencies to take this
Counsel (Foreign Assets Control), tel.:
MUTAYRI, ’Abd al-Muhsin Zibin opportunity to comment on proposed
202/622–2410, Office of the General
Mut’ib Nayif; a.k.a. AL-MUTAYRI, ’Abd and/or continuing information
Counsel, Department of the Treasury
al-Muhsin Zibn Muta’ab; a.k.a. AL- collections, as required by the
(not toll free numbers).
MUTAYRI, ’Abd al-Muhsin Zubin; a.k.a. Paperwork Reduction Act of 1995,
SUPPLEMENTARY INFORMATION:
AL-MUTAYRI, ’Abd al-Mushin Zabin Public Law 104–13 (44 U.S.C.
Mutib Naif; a.k.a. AL-MUTAYRI, ’Abd 3506(c)(2)(A)). Currently, the IRS is
Electronic and Facsimile Availability
al-Mushin Zabn; a.k.a. AL-MUTAYRI, soliciting comments concerning Form
The SDN List and additional Dr. ’Abd al-Muhsin Zabn Mut’ib; a.k.a. 1120–ND, Return for Nuclear
information concerning OFAC sanctions AL-MUTAYYIRI, ’Abd al-Muhsin Zabin Decommissioning Funds and Certain
programs are available from OFAC’s Mutab Nayif; a.k.a. AL-MUTAYYIRI, Related Persons.
Web site (www.treas.gov/ofac). Certain ’Abd al-Muhsin Zabn; a.k.a. AL- DATES: Written comments should be
general information pertaining to MUTAYYIRI, ’Abd al-Muhsin Zubyn; received on or before November 25,
OFAC’s sanctions programs is also a.k.a. AL-MUTAYYRI, ’Abd al-Muhsin; 2016 to be assured of consideration.
available via facsimile through a 24- a.k.a. ‘‘AL-ZIBIN, Muhsin’’; a.k.a. ADDRESSES: Direct all written comments
hour fax-on-demand service, tel.: ‘‘NAYIF, ’Abd al-Muhsin Zayn to Tuawana Pinkston, Internal Revenue
202/622–0077. Mun’ib’’), Kuwait; DOB 01 Jul 1973; Service, Room 6526, 1111 Constitution
Notice of OFAC Actions POB Kuwait; nationality Kuwait Avenue NW., Washington, DC 20224.
(individual) [SDGT] (Linked To: AL- FOR FURTHER INFORMATION CONTACT:
mstockstill on DSK3G9T082PROD with NOTICES

On May 19, 2016, OFAC blocked the NUSRAH FRONT). Requests for additional information or
property and interests in property of the 5. AL-QAYSI, Nayif Salih Salim copies of the form and instructions
following 6 individuals pursuant to E.O. (a.k.a. AL QAISI, Naif Saleh Salem; should be directed to LaNita Van Dyke
13224, ‘‘Blocking Property and a.k.a. AL QAYSI, Nayif Salih Salim; at Internal Revenue Service, Room 6526,
Prohibiting Transactions With Persons a.k.a. AL-GHAYSI, Nayif), Al-Bayda 1111 Constitution Avenue NW.,
Who Commit, Threaten To Commit, or Governorate, Yemen; Sana, Sana Washington, DC 20224, or through the
Support Terrorism’’: Governorate, Yemen; DOB 01 Jan 1983; Internet at LaNita.VanDyke@irs.gov.

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66122 Federal Register / Vol. 81, No. 186 / Monday, September 26, 2016 / Notices

SUPPLEMENTARY INFORMATION: Approved: September 13, 2016. under § 401(a)(35) that incorporate the
Title: Return for Nuclear Tuawana Pinkston, transitional relief in this notice and
Decommissioning Funds and Certain Supervisory Tax Analyst. requests comments on the transitional
Related Persons. [FR Doc. 2016–23175 Filed 9–23–16; 8:45 am] guidance in this notice and on the
OMB Number: 1545–0954. BILLING CODE 4830–01–P topics that need to be addressed in the
Form Number: 1120–ND. regulations.
Abstract: A nuclear utility files Form Current Actions: There are no changes
1120–ND to report the income and taxes DEPARTMENT OF THE TREASURY being made to the Notice at this time.
of a fund set up by the public utility to
provide cash to decommission the Internal Revenue Service Type of Review: Extension of a
nuclear power plant. The IRS uses Form currently approved collection.
1120–ND to determine if the fund Proposed Collection; Comment Affected Public: Business and other
income taxes are correctly computed Request for Notice 2006–107 for-profit.
and if an entity related to the fund or AGENCY: Internal Revenue Service (IRS), Estimated Number of Respondents:
the nuclear utility must pay taxes on Treasury. 10,300.
self-dealing, as required by Internal ACTION: Notice and request for
Revenue Code section 4951. Estimated Time per Respondent: 45
comments.
Current Actions: There are no changes minutes.
being made to the form at this time. SUMMARY: The Department of the Estimated Total Annual Burden
Type of Review: Extension of a Treasury, as part of its continuing effort Hours: 7,725.
currently approved collection. to reduce paperwork and respondent
The following paragraph applies to all
Affected Public: Business or other for- burden, invites the general public and
of the collections of information covered
profit organizations. other Federal agencies to take this
by this notice:
Estimated Number of Respondents: opportunity to comment on proposed
100. and/or continuing information An agency may not conduct or
Estimated Time per Respondents: 32 collections, as required by the sponsor, and a person is not required to
hours, 35 minutes. Paperwork Reduction Act of 1995, respond to, a collection of information
Estimated Total Annual Burden Public Law 104–13 (44 U.S.C. unless the collection of information
Hours: 3,259. 3506(c)(2)(A)). Currently, the IRS is displays a valid OMB control number.
The following paragraph applies to all soliciting comments concerning Notice Books or records relating to a
of the collections of information covered 2006–107, Diversification Requirements collection of information must be
by this notice: for Qualified Defined Contribution retained as long as their contents may
An agency may not conduct or Plans Holding Publicly Traded become material in the administration
sponsor, and a person is not required to Employer Securities. of any internal revenue law. Generally,
respond to, a collection of information DATES: Written comments should be tax returns and tax return information
unless the collection of information received on or before November 25, are confidential, as required by 26
displays a valid OMB control number. 2016 to be assured of consideration. U.S.C. 6103.
Books or records relating to a collection ADDRESSES: Direct all written comments
Request for Comments: Comments
of information must be retained as long to Tuawana Pinkston, Internal Revenue
submitted in response to this notice will
as their contents may become material Service, Room 6526, 1111 Constitution
in the administration of any Internal be summarized and/or included in the
Avenue NW., Washington, DC 20224.
Revenue law. Generally, tax returns and request for OMB approval. All
FOR FURTHER INFORMATION CONTACT:
tax return information are confidential, comments will become a matter of
Requests for additional information or public record. Comments are invited on:
as required by 26 U.S.C. 6103. copies of the revenue procedure should
Request for Comments: Comments (a) Whether the collection of
be directed to Allan Hopkins at Internal
submitted in response to this notice will information is necessary for the proper
Revenue Service, Room 6129, 1111
be summarized and/or included in the performance of the functions of the
Constitution Avenue NW., Washington,
request for OMB approval. All agency, including whether the
DC 20224, or through the internet at
comments will become a matter of information shall have practical utility;
Allan.M.Hopkins@irs.gov.
public record. Comments are invited on: (b) the accuracy of the agency’s estimate
SUPPLEMENTARY INFORMATION:
(a) Whether the collection of of the burden of the collection of
Title: Diversification Requirements for
information is necessary for the proper information; (c) ways to enhance the
Qualified Defined Contribution Plans
performance of the functions of the Holding Publicly Traded Employer quality, utility, and clarity of the
agency, including whether the Securities. information to be collected; (d) ways to
information shall have practical utility; OMB Number: 1545–2049. minimize the burden of the collection of
(b) the accuracy of the agency’s estimate Revenue Procedure Number: Notice information on respondents, including
of the burden of the collection of 2006–107. through the use of automated collection
information; (c) ways to enhance the Abstract: This notice provides techniques or other forms of information
quality, utility, and clarity of the transitional guidance on § 401(a)(35) of technology; and (e) estimates of capital
information to be collected; (d) ways to the Internal Revenue Code, added by or start-up costs and costs of operation,
minimize the burden of the collection of section 901 of the Pension Protection maintenance, and purchase of services
mstockstill on DSK3G9T082PROD with NOTICES

information on respondents, including Act of 2006, Public Law 109–280, 120 to provide information.
through the use of automated collection Stat. 780 (PPA ’06), which provides Approved: September 18, 2016.
techniques or other forms of information diversification rights with respect to
Allan Hopkins,
technology; and (e) estimates of capital publicly traded employer securities held
or start-up costs and costs of operation, by a defined contribution plan. This Tax Analyst.
maintenance, and purchase of services notice also states that Treasury and the [FR Doc. 2016–23126 Filed 9–23–16; 8:45 am]
to provide information. Service expect to issue regulations BILLING CODE 4830–01–P

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Document Created: 2018-02-09 13:22:50
Document Modified: 2018-02-09 13:22:50

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 November 25, 2016 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to LaNita Van Dyke at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		81 FR 66121

81 FR 66121 - Proposed Collection; Comment Request for Form 1120-ND

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 186 (September 26, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service