81 FR 79097 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 218 (November 10, 2016)

Page Range		79097-79097
FR Document		2016-27111

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 nonbank trustees.

Federal Register, Volume 81 Issue 218 (Thursday, November 10, 2016)

[Federal Register Volume 81, Number 218 (Thursday, November 10, 2016)]
[Notices]
[Page 79097]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-27111]


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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 
nonbank trustees.

DATES: Written comments should be received on or before January 9, 2017 
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 information collection 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: Nonbank Trustees.
    OMB Number: 1545-0806.
    Regulation Project Number: EE-12-78.
    Abstract: Internal Revenue Code section 408(a)(2) permits an 
institution other than a bank to be the trustee of an individual 
retirement account. This regulation imposes certain reporting and 
recordkeeping requirements to enable the IRS to determine whether an 
institution qualifies to be a nonbank trustee and to insure that 
accounts are administered according to sound fiduciary principles.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 23.
    Estimated Time per Respondent: 34 minutes.
    Estimated Total Annual Burden Hours: 13.
    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: November 1, 2016.
Tuawana Pinkston,
Supervisory Tax Analyst.
[FR Doc. 2016-27111 Filed 11-9-16; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 218 / Thursday, November 10, 2016 / Notices 79097

in the administration of any internal copies of the information collection techniques or other forms of information
revenue law. Generally, tax returns and should be directed to LaNita Van Dyke technology; and (e) estimates of capital
tax return information are confidential, at Internal Revenue Service, Room 6526, or start-up costs and costs of operation,
as required by 26 U.S.C. 6103. 1111 Constitution Avenue NW., maintenance, and purchase of services
Request for Comments: Comments Washington, DC 20224, or through the to provide information.
submitted in response to this notice will Internet, at Lanita.VanDyke@irs.gov. Approved: November 1, 2016.
be summarized and/or included in the SUPPLEMENTARY INFORMATION: Tuawana Pinkston,
request for OMB approval. All Title: Nonbank Trustees.
comments will become a matter of Supervisory Tax Analyst.
OMB Number: 1545–0806. [FR Doc. 2016–27111 Filed 11–9–16; 8:45 am]
public record. Comments are invited on: Regulation Project Number: EE–12–
(a) Whether the collection of 78.
BILLING CODE 4830–01–P
information is necessary for the proper Abstract: Internal Revenue Code
performance of the functions of the section 408(a)(2) permits an institution
agency, including whether the DEPARTMENT OF THE TREASURY
other than a bank to be the trustee of an
information shall have practical utility; individual retirement account. This
(b) the accuracy of the agency’s estimate Internal Revenue Service
regulation imposes certain reporting and
of the burden of the collection of recordkeeping requirements to enable Proposed Collection; Comment
information; (c) ways to enhance the the IRS to determine whether an Request for Form 13614–C
quality, utility, and clarity of the institution qualifies to be a nonbank
information to be collected; (d) ways to AGENCY: Internal Revenue Service (IRS),
trustee and to insure that accounts are
minimize the burden of the collection of Treasury.
administered according to sound
information on respondents, including ACTION: Notice and request for
fiduciary principles.
through the use of automated collection comments.
Current Actions: There is no change to
techniques or other forms of information
this existing regulation. SUMMARY: The Department of the
technology; and (e) estimates of capital
Type of Review: Extension of a Treasury, as part of its continuing effort
or start-up costs and costs of operation,
currently approved collection. to reduce paperwork and respondent
maintenance, and purchase of services
Affected Public: Business or other for- burden, invites the general public and
to provide information.
profit organizations. other Federal agencies to take this
Approved: October 27, 2016. Estimated Number of Respondents: opportunity to comment on proposed
Tuawana Pinkston, 23. and/or continuing information
IRS Reports Clearance Officer. Estimated Time per Respondent: 34 collections, as required by the
[FR Doc. 2016–27100 Filed 11–9–16; 8:45 am] minutes. Paperwork Reduction Act of 1995,
BILLING CODE 4830–01–P Estimated Total Annual Burden Public Law 104–13 (44 U.S.C.
Hours: 13. 3506(c)(2)(A)). Currently, the IRS is
The following paragraph applies to all soliciting comments concerning Form
DEPARTMENT OF THE TREASURY of the collections of information covered 13614–C, Interview and Intake Sheet.
by this notice:
Internal Revenue Service DATES: Written comments should be
An agency may not conduct or
received on or before January 9, 2017 to
sponsor, and a person is not required to
Proposed Collection; Comment be assured of consideration.
Request for Regulation Project respond to, a collection of information
unless the collection of information ADDRESSES: Direct all written comments
AGENCY: Internal Revenue Service (IRS), displays a valid OMB control number. to Tuawana Pinkston, Internal Revenue
Treasury. Books or records relating to a collection Service, Room 6526, 1111 Constitution
ACTION: Notice and request for of information must be retained as long Avenue NW., Washington, DC 20224.
comments. as their contents may become material FOR FURTHER INFORMATION CONTACT:
in the administration of any internal Requests for additional information or
SUMMARY: The Department of the revenue law. Generally, tax returns and copies of the form and instructions
Treasury, as part of its continuing effort tax return information are confidential, should be directed to LaNita Van Dyke,
to reduce paperwork and respondent as required by 26 U.S.C. 6103. at Internal Revenue Service, Room 6526,
burden, invites the general public and Request for Comments: Comments 1111 Constitution Avenue NW.,
other Federal agencies to take this submitted in response to this notice will Washington, DC 20224, or through the
opportunity to comment on proposed be summarized and/or included in the internet, at Lanita.VanDyke@irs.gov.
and/or continuing information request for OMB approval. All SUPPLEMENTARY INFORMATION:
collections, as required by the comments will become a matter of Title: Interview and Intake Sheet.
Paperwork Reduction Act of 1995, public record. Comments are invited on: OMB Number: 1545–1964
Public Law 104–13 (44 U.S.C. (a) Whether the collection of Form Numbers: 13614–C, 13614–C
3506(c)(2)(A)). Currently, the IRS is information is necessary for the proper (SP), 13614(AR), 13614(CN–S),
soliciting comments concerning performance of the functions of the 13614(CN–T), 13614(HT), 13614(KR),
nonbank trustees. agency, including whether the 13614(PL), 13614(PT), 13614(TL), and,
DATES: Written comments should be information shall have practical utility; 13614(VN).
asabaliauskas on DSK3SPTVN1PROD with NOTICES

received on or before January 9, 2017 to (b) the accuracy of the agency’s estimate Abstract: Forms 13614–C, 13614–C
be assured of consideration. of the burden of the collection of (SP), 13614(AR), 13614(CN–S),
ADDRESSES: Direct all written comments information; (c) ways to enhance the 13614(CN–T), 13614(HT), 13614(KR),
to Tuawana Pinkston, Internal Revenue quality, utility, and clarity of the 13614(PL), 13614(PT), 13614(TL), and,
Service, Room 6526, 1111 Constitution information to be collected; (d) ways to 13614(VN) contain a standardized list of
Avenue NW., Washington, DC 20224. minimize the burden of the collection of required intake questions to guide
FOR FURTHER INFORMATION CONTACT: information on respondents, including volunteers in asking taxpayers basic
Requests for additional information or through the use of automated collection questions about themselves. The intake

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Document Created: 2016-11-10 01:43:37
Document Modified: 2016-11-10 01:43:37

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 January 9, 2017 to be assured of consideration.
Contact		Requests for additional information or copies of the information collection 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 79097

81 FR 79097 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 218 (November 10, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service