81 FR 66132 - Proposed Collection; Comment Request for Form 8873

DEPARTMENT OF THE TREASURY
Internal Revenue Service

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

Page Range		66132-66132
FR Document		2016-23182

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 Form 8873, Extraterritorial Income Exclusion.

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

[Federal Register Volume 81, Number 186 (Monday, September 26, 2016)]
[Notices]
[Page 66132]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-23182]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8873

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 
Form 8873, Extraterritorial Income Exclusion.

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].

SUPPLEMENTARY INFORMATION: 
    Title: Extraterritorial Income Exclusion.
    OMB Number: 1545-1722.
    Form Number: 8873.
    Abstract: The FSC and Extraterritorial Income Exclusion Act of 2000 
added section 114 to the Internal Revenue Code. Section 114 provides 
for an exclusion from gross income for certain transactions occurring 
after September 30, 2000, with respect to foreign trading gross 
receipts. Form 8873 is used to compute the amount of extraterritorial 
income excluded from gross income for the tax year.
    Current Actions: There are no changes being made to the form at 
this time. This submission is for renewal purposes only.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 750,000.
    Estimated Time per Respondent: 24 hours, 27 minutes.
    Estimated Total Annual Burden Hours: 19,087,500.
    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,
IRS Reports Clearance Officer.
[FR Doc. 2016-23182 Filed 9-23-16; 8:45 am]
BILLING CODE 4830-01-P

66132 Federal Register / Vol. 81, No. 186 / Monday, September 26, 2016 / Notices

Affected Public: Not-for-profit burden, invites the general public and tax return information are confidential,
institutions. other Federal agencies to take this as required by 26 U.S.C. 6103.
Estimated Number of Respondents: opportunity to comment on proposed Request for Comments: Comments
2,900. and/or continuing information submitted in response to this notice will
Estimated Time per Respondent: 33 collections, as required by the be summarized and/or included in the
hours, 35 minutes. Paperwork Reduction Act of 1995, request for OMB approval. All
Estimated Total Annual Reporting Public Law 104–13 (44 U.S.C. comments will become a matter of
Burden hours: 97,411. 3506(c)(2)(A)). Currently, the IRS is public record. Comments are invited on:
The following paragraph applies to all soliciting comments concerning Form (a) Whether the collection of
of the collections of information covered 8873, Extraterritorial Income Exclusion. information is necessary for the proper
by this notice: DATES: Written comments should be performance of the functions of the
An agency may not conduct or received on or before November 25, agency, including whether the
sponsor, and a person is not required to 2016 to be assured of consideration. information shall have practical utility;
respond to, a collection of information (b) the accuracy of the agency’s estimate
ADDRESSES: Direct all written comments
unless the collection of information of the burden of the collection of
displays a valid OMB control number. to Tuawana Pinkston, Internal Revenue
Service, Room 6526, 1111 Constitution information; (c) ways to enhance the
Books or records relating to a collection quality, utility, and clarity of the
of information must be retained as long Avenue NW., Washington, DC 20224.
information to be collected; (d) ways to
as their contents may become material FOR FURTHER INFORMATION CONTACT:
minimize the burden of the collection of
in the administration of any internal Requests for additional information or
information on respondents, including
revenue law. Generally, tax returns and copies of the form and instructions
through the use of automated collection
tax return information are confidential, should be directed to LaNita Van Dyke,
techniques or other forms of information
as required by 26 U.S.C. 6103. at Internal Revenue Service, Room 6526
technology; and (e) estimates of capital
Request for Comments: Comments 1111 Constitution Avenue NW.,
or start-up costs and costs of operation,
submitted in response to this notice will Washington, DC 20224, or through the
maintenance, and purchase of services
be summarized and/or included in the internet at Lanita.VanDyke@irs.gov.
to provide information.
request for OMB approval. All SUPPLEMENTARY INFORMATION:
comments will become a matter of Title: Extraterritorial Income Approved: September 13, 2016.
public record. Comments are invited on: Exclusion. Tuawana Pinkston,
(a) Whether the collection of OMB Number: 1545–1722. IRS Reports Clearance Officer.
information is necessary for the proper Form Number: 8873. [FR Doc. 2016–23182 Filed 9–23–16; 8:45 am]
performance of the functions of the Abstract: The FSC and Extraterritorial BILLING CODE 4830–01–P
agency, including whether the Income Exclusion Act of 2000 added
information shall have practical utility; section 114 to the Internal Revenue
(b) the accuracy of the agency’s estimate Code. Section 114 provides for an DEPARTMENT OF THE TREASURY
of the burden of the collection of exclusion from gross income for certain
information; (c) ways to enhance the transactions occurring after September Internal Revenue Service
quality, utility, and clarity of the 30, 2000, with respect to foreign trading
gross receipts. Form 8873 is used to Proposed Collection; Comment
information to be collected; (d) ways to Request for Revenue Procedure
minimize the burden of the collection of compute the amount of extraterritorial
information on respondents, including income excluded from gross income for AGENCY: Internal Revenue Service (IRS),
through the use of automated collection the tax year. Treasury.
techniques or other forms of information Current Actions: There are no changes
ACTION: Notice and request for
technology; and (e) estimates of capital being made to the form at this time. This
comments.
or start-up costs and costs of operation, submission is for renewal purposes
maintenance, and purchase of services only. SUMMARY: The Department of the
to provide information. Type of Review: Extension of a Treasury, as part of its continuing effort
currently approved collection. to reduce paperwork and respondent
Approved: September 14, 2016. Affected Public: Business or other for- burden, invites the general public and
Tuawana Pinkston, profit organizations. other Federal agencies to take this
IRS Supervisory Tax Analyst. Estimated Number of Respondents: opportunity to comment on proposed
[FR Doc. 2016–23192 Filed 9–23–16; 8:45 am] 750,000. and/or continuing information
BILLING CODE 4830–01–P Estimated Time per Respondent: 24 collections, as required by the
hours, 27 minutes. Paperwork Reduction Act of 1995,
Estimated Total Annual Burden Public Law 104–13 (44 U.S.C.
DEPARTMENT OF THE TREASURY Hours: 19,087,500. 3506(c)(2)(A)). Currently, the IRS is
The following paragraph applies to all soliciting comments concerning Change
Internal Revenue Service of the collections of information covered in Minimum Funding Method.
by this notice:
Proposed Collection; Comment DATES: Written comments should be
An agency may not conduct or
Request for Form 8873 sponsor, and a person is not required to received on or before November 25,
respond to, a collection of information 2016 to be assured of consideration.
mstockstill on DSK3G9T082PROD with NOTICES

AGENCY: Internal Revenue Service (IRS),
Treasury. unless the collection of information ADDRESSES: Direct all written comments
displays a valid OMB control number. to Tuawana Pinkston, Internal Revenue
ACTION: Notice and request for
Books or records relating to a collection Service, Room 6526, 1111 Constitution
comments.
of information must be retained as long Avenue NW., Washington, DC 20224.
SUMMARY: The Department of the as their contents may become material FOR FURTHER INFORMATION CONTACT:
Treasury, as part of its continuing effort in the administration of any internal Requests for additional information or
to reduce paperwork and respondent revenue law. Generally, tax returns and copies of the revenue procedure should

VerDate Sep<11>2014 19:40 Sep 23, 2016 Jkt 238001 PO 00000 Frm 00138 Fmt 4703 Sfmt 4703 E:\FR\FM\26SEN1.SGM 26SEN1

Document Created: 2018-02-09 13:22:38
Document Modified: 2018-02-09 13:22:38

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 66132

81 FR 66132 - Proposed Collection; Comment Request for Form 8873

DEPARTMENT OF THE TREASURYInternal Revenue Service

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

DEPARTMENT OF THE TREASURY
Internal Revenue Service