82 FR 12279 - Proposed Collection; Comment Request for Regulation Project
DEPARTMENT OF THE TREASURY
Internal Revenue Service Federal Register Volume 82, Issue 39 (March 1, 2017)
Internal Revenue Service
Federal Register Volume 82, Issue 39 (March 1, 2017)
| Page Range | 12279-12279 | |
| FR Document | 2017-03919 |
[Federal Register Volume 82, Number 39 (Wednesday, March 1, 2017)] [Notices] [Page 12279] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-03919] ----------------------------------------------------------------------- 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. ----------------------------------------------------------------------- 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. Currently, the IRS is soliciting comments concerning TD 9289, Treatment of Disregarded Entities Under Section 752. DATES: Written comments should be received on or before May 1, 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 copies of the regulation should be directed to Martha R. Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]. SUPPLEMENTARY INFORMATION: Title: Treatment of Disregarded Entities Under Section 752. OMB Number: 1545-1905. Regulation Project Number: TD 9289. Abstract: Generally, the regulation recognizes that only the assets of a disregarded entity that limits its member's liability are available to satisfy creditors' claims under local law. The regulation provides rules under section 752 for taking into account the net value of a disregarded entity owned by a partner or related person for purposes of allocating partnership liabilities. Specifically, it provides that in determining the extent to which a partner bears the economic risk of loss for a partnership liability, payment obligations of a disregarded entity are taken into account only to the extent of the net value of the disregarded entity. 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, individuals or households and not-for-profit institutions. Estimated Number of Respondents: 1,500. Estimated Time per Respondent: 2 hours. Estimated Total Annual Burden Hours: 3,000. 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: February 21, 2017. Tuawana Pinkston, IRS Reports Clearance Officer. [FR Doc. 2017-03919 Filed 2-28-17; 8:45 am] BILLING CODE 4830-01-P
![Federal Register / Vol. 82, No. 39 / Wednesday, March 1, 2017 / Notices 12279
Request for Comments: Comments Washington, DC 20224, or through the quality, utility, and clarity of the
submitted in response to this notice will Internet at Martha.R.Brinson@irs.gov. information to be collected; (d) ways to
be summarized and/or included in the SUPPLEMENTARY INFORMATION: minimize the burden of the collection of
request for OMB approval. All Title: Treatment of Disregarded information on respondents, including
comments will become a matter of Entities Under Section 752. through the use of automated collection
public record. Comments are invited on: OMB Number: 1545–1905. techniques or other forms of information
(a) Whether the collection of Regulation Project Number: TD 9289. technology; and (e) estimates of capital
information is necessary for the proper Abstract: Generally, the regulation or start-up costs and costs of operation,
performance of the functions of the recognizes that only the assets of a maintenance, and purchase of services
agency, including whether the disregarded entity that limits its to provide information.
information shall have practical utility; member’s liability are available to Approved: February 21, 2017.
(b) the accuracy of the agency’s estimate satisfy creditors’ claims under local law. Tuawana Pinkston,
of the burden of the collection of The regulation provides rules under IRS Reports Clearance Officer.
information; (c) ways to enhance the section 752 for taking into account the [FR Doc. 2017–03919 Filed 2–28–17; 8:45 am]
quality, utility, and clarity of the net value of a disregarded entity owned
information to be collected; (d) ways to BILLING CODE 4830–01–P
by a partner or related person for
minimize the burden of the collection of purposes of allocating partnership
information on respondents, including liabilities. Specifically, it provides that DEPARTMENT OF THE TREASURY
through the use of automated collection in determining the extent to which a
techniques or other forms of information partner bears the economic risk of loss Internal Revenue Service
technology; and (e) estimates of capital for a partnership liability, payment
or start-up costs and costs of operation, obligations of a disregarded entity are Proposed Collection: Comment
maintenance, and purchase of services taken into account only to the extent of Request for Form 2032
to provide information. the net value of the disregarded entity.
AGENCY: Internal Revenue Service (IRS),
Approved: February 21, 2017. Current Actions: There is no change
Treasury.
Tuawana Pinkston, in the paperwork burden previously
approved by OMB. ACTION: Notice and request for
IRS Reports Clearance Officer. comments.
[FR Doc. 2017–03916 Filed 2–28–17; 8:45 am]
Type of Review: Extension of a
currently approved collection. SUMMARY: The Department of the
BILLING CODE 4830–01–P
Affected Public: Business or other for- Treasury, as part of its continuing effort
profit organizations, individuals or to reduce paperwork and respondent
DEPARTMENT OF THE TREASURY households and not-for-profit burden, invites the general public and
institutions. other Federal agencies to take this
Internal Revenue Service Estimated Number of Respondents: opportunity to comment on proposed
1,500. and/or continuing information
Proposed Collection; Comment Estimated Time per Respondent: 2 collections, as required by the
Request for Regulation Project hours. Paperwork Reduction Act of 1995.
Estimated Total Annual Burden Currently, the IRS is soliciting
AGENCY: Internal Revenue Service (IRS),
Hours: 3,000. comments concerning Form 2032,
Treasury.
The following paragraph applies to all Contract Coverage Under Title II of the
ACTION: Notice and request for of the collections of information covered
comments. Social Security Act.
by this notice:
DATES: Written comments should be
SUMMARY: The Department of the An agency may not conduct or
received on or before May 1, 2017 to be
Treasury, as part of its continuing effort sponsor, and a person is not required to
assured of consideration.
to reduce paperwork and respondent respond to, a collection of information
unless the collection of information ADDRESSES: Direct all written comments
burden, invites the general public and to Tuawana Pinkston, Internal Revenue
other Federal agencies to take this displays a valid OMB control number.
Books or records relating to a collection Service, Room 6526, 1111 Constitution
opportunity to comment on proposed Avenue NW., Washington, DC 20224.
and/or continuing information of information must be retained as long
as their contents may become material FOR FURTHER INFORMATION CONTACT:
collections, as required by the
in the administration of any internal Requests for additional information or
Paperwork Reduction Act of 1995.
revenue law. Generally, tax returns and copies of the form and instructions
Currently, the IRS is soliciting
tax return information are confidential, should be directed to Martha R. Brinson,
comments concerning TD 9289,
as required by 26 U.S.C. 6103. Internal Revenue Service, Room 6129,
Treatment of Disregarded Entities Under
Request for Comments: Comments 1111 Constitution Avenue NW.,
Section 752.
submitted in response to this notice will Washington, DC 20224, or through the
DATES: Written comments should be Internet at Martha.R.Brinson@irs.gov.
be summarized and/or included in the
received on or before May 1, 2017 to be request for OMB approval. All SUPPLEMENTARY INFORMATION:
assured of consideration. comments will become a matter of Title: Contract Coverage Under Title II
ADDRESSES: Direct all written comments public record. Comments are invited on: of the Social Security Act.
asabaliauskas on DSK3SPTVN1PROD with NOTICES
to Tuawana Pinkston, Internal Revenue (a) Whether the collection of OMB Number: 1545–0137.
Service, Room 6526, 1111 Constitution information is necessary for the proper Form Number: 2032.
Avenue NW., Washington, DC 20224. performance of the functions of the Abstract: U.S. citizens and resident
FOR FURTHER INFORMATION CONTACT: agency, including whether the aliens employed abroad by foreign
Requests for copies of the regulation information shall have practical utility; affiliates of American employers are
should be directed to Martha R. Brinson, (b) the accuracy of the agency’s estimate exempt from social security taxes.
Internal Revenue Service, Room 6129, of the burden of the collection of Under Internal Revenue Code section
1111 Constitution Avenue NW., information; (c) ways to enhance the 3121(l), American employers may file
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Document Created: 2017-03-01 03:39:15
Document Modified: 2017-03-01 03:39:15
| 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 May 1, 2017 to be assured of consideration. | |
| Contact | Requests for copies of the regulation should be directed to Martha R. Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected] | |
| FR Citation | 82 FR 12279 |
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