82_FR_19537 82 FR 19457 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service Information Collection Requests

82 FR 19457 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Internal Revenue Service Information Collection Requests

DEPARTMENT OF THE TREASURY

Federal Register Volume 82, Issue 80 (April 27, 2017)

Page Range19457-19458
FR Document2017-08547

The Department of the Treasury will submit the following information collection request(s) to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on the collection(s) listed below.

Federal Register, Volume 82 Issue 80 (Thursday, April 27, 2017) 
[Federal Register Volume 82, Number 80 (Thursday, April 27, 2017)]
[Notices]
[Pages 19457-19458]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-08547]


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

DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple Internal Revenue Service Information 
Collection Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection request(s) to the Office of Management and 
Budget (OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on the collection(s) 
listed below.

DATES: Comments should be received on or before May 30, 2017 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, 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 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing [email protected], calling (202) 622-0489, or 
viewing the entire information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Internal Revenue Service (IRS)

    Title: REG-209020-86 Foreign Tax Credit: Notification of Foreign 
Tax Redeterminations.
    OMB Control Number: 1545-1056.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Section 905(c) requires that a taxpayer notify the 
Internal Revenue Service of a change in the taxpayer's foreign income 
tax liability that may affect its foreign tax credit. Regulation 
section 1.905-4T provides rules concerning the time, manner, and 
contents of such notification. Should the taxpayer fail to notify the 
IRS, penalties under section 6689 may be imposed. Respondents are U.S. 
taxpayers that claim a foreign tax credit under section 901, 902, or 
960.
    Form: None.
    Affected Public: Individuals or Households.
    Estimated Total Annual Burden Hours: 54,000.

    Title: REG-246256-96 (Final TD 8978) Excise Taxes on Excess Benefit 
Transactions.
    OMB Control Number: 1545-1623.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Section 4958 of the Internal Revenue Code imposes excise 
taxes on transactions between certain tax exempt organizations and 
persons in a position to exercise substantial influence over the 
affairs of the organization, where the transactions are at greater than 
fair market value. These regulations (26 CFR Section 53.4958 6(a)(2), 
53.4958 6(a)(3), 53.4958 6(d)(2), and 53.4958 6(d)(3)) will clarify 
certain definitions rules in section 4958.
    Form: None.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 910,083.

    Title: Rev. Proc. 2007-48 Rotable Spare Parts Safe Harbor Method.
    OMB Control Number: 1545-2070.
    Type of Review: Revision of a currently approved collection.
    Abstract: The information which the agency is requesting to collect 
will support a taxpayer's claim for eligibility to use the safe harbor 
method of accounting for rotable spare parts provided in the proposed 
revenue procedures. The information will be submitted as a supporting 
schedule for the Form 3115, Application for Change in Accounting 
Method.

[[Page 19458]]

    Form: 3115.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 29,169.

    Authority:  44 U.S.C. 3501 et seq.

    Dated: April 24, 2017.
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2017-08547 Filed 4-26-17; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 82, No. 80 / Thursday, April 27, 2017 / Notices 19457 provided publicly through statistical free sales. In addition, registrants may Internal Revenue Service (IRS) reports. make certain amendments to the Title: REG–209020–86 Foreign Tax Form: TTB F 5110.28. information provided on the form by Credit: Notification of Foreign Tax Affected Public: Businesses or other letterhead notice. Redeterminations. for-profits. Form: TTB F 5300.28. Estimated Total Annual Burden OMB Control Number: 1545–1056. Hours: 54,624. Affected Public: Businesses or other Type of Review: Extension without Title: Principal Place of Business for-profits. change of a currently approved Address and Place of Production Coding Estimated Total Annual Burden collection. on Beer and Malt Beverage Labels, TTB Hours: 300. Abstract: Section 905(c) requires that REC 5130/5. a taxpayer notify the Internal Revenue Authority: 44 U.S.C. 3501 et seq. Service of a change in the taxpayer’s OMB Control Number: 1513–0085. Dated: April 24, 2017. Type of Review: Revision of a foreign income tax liability that may Spencer W. Clark, affect its foreign tax credit. Regulation currently approved collection. Abstract: Under the authority of the Treasury PRA Clearance Officer. section 1.905–4T provides rules Internal Revenue Code at 26 U.S.C. 5412 [FR Doc. 2017–08545 Filed 4–26–17; 8:45 am] concerning the time, manner, and and the Federal Alcohol Administration BILLING CODE 4810–31–P contents of such notification. Should Act at 27 U.S.C. 205(e), the TTB the taxpayer fail to notify the IRS, regulations require the name and penalties under section 6689 may be address of the brewer to appear on DEPARTMENT OF THE TREASURY imposed. Respondents are U.S. labels of kegs, bottles, and cans of taxpayers that claim a foreign tax credit Agency Information Collection under section 901, 902, or 960. domestic beer. In the case of a brewer Activities; Submission for OMB that operates multiple breweries, the Form: None. Review; Comment Request; Multiple Affected Public: Individuals or TTB regulations allow the brewer to Internal Revenue Service Information label their beer containers with their Households. Collection Requests Estimated Total Annual Burden ‘‘principal place of business,’’ provided that the brewer codes each beer Hours: 54,000. AGENCY:Departmental Offices, U.S. container to indicate the actual place of Department of the Treasury. Title: REG–246256–96 (Final TD production. This option allows multi- 8978) Excise Taxes on Excess Benefit plant brewers to use an identical, ACTION: Notice. Transactions. universal label at all of their breweries. OMB Control Number: 1545–1623. Form: None. SUMMARY: The Department of the Type of Review: Extension without Affected Public: Businesses or other Treasury will submit the following change of a currently approved for-profits. information collection request(s) to the collection. Estimated Total Annual Burden Office of Management and Budget Abstract: Section 4958 of the Internal Hours: 1. (OMB) for review and clearance in Revenue Code imposes excise taxes on accordance with the Paperwork transactions between certain tax exempt Title: Application for Registration for Reduction Act of 1995, on or after the organizations and persons in a position Tax-Free Firearms and Ammunition date of publication of this notice. The to exercise substantial influence over Transactions Under 26 U.S.C. 4221. public is invited to submit comments on the affairs of the organization, where the OMB Control Number: 1513–0095. the collection(s) listed below. Type of Review: Revision of a transactions are at greater than fair currently approved collection. DATES: Comments should be received on market value. These regulations (26 CFR Abstract: The Internal Revenue Code or before May 30, 2017 to be assured of Section 53.4958 6(a)(2), 53.4958 6(a)(3), at 26 U.S.C. 4181 imposes a Federal consideration. 53.4958 6(d)(2), and 53.4958 6(d)(3)) excise tax on the sale of pistols and ADDRESSES: Send comments regarding will clarify certain definitions rules in revolvers, other firearms, shells and the burden estimate, or any other aspect section 4958. cartridges (ammunition) sold by of the information collection, including Form: None. manufacturers, producers, and suggestions for reducing the burden, to Affected Public: Businesses or other importers. Under 26 U.S.C. 4221, no tax (1) Office of Information and Regulatory for-profits. is imposed on certain sales of firearms Affairs, Office of Management and Estimated Total Annual Burden and ammunition, provided that the Budget, Attention: Desk Officer for Hours: 910,083. seller and purchaser of the articles (with Treasury, New Executive Office Title: Rev. Proc. 2007–48 Rotable certain exceptions) are registered as Building, Room 10235, Washington, DC Spare Parts Safe Harbor Method. required by 26 U.S.C. 4222. Section 20503, or email at OIRA_Submission@ OMB Control Number: 1545–2070. 4222 further provides that the Secretary OMB.EOP.gov and (2) Treasury PRA Type of Review: Revision of a of the Treasury may prescribe Clearance Officer, 1750 Pennsylvania currently approved collection. regulations regarding the manner, forms, Ave. NW., Suite 8142, Washington, DC Abstract: The information which the terms, and conditions of registration. 20220, or email at PRA@treasury.gov. agency is requesting to collect will The TTB regulation at 27 CFR 53.140 support a taxpayer’s claim for eligibility FOR FURTHER INFORMATION CONTACT: prescribes the use of TTB F 5300.28 (or to use the safe harbor method of its electronic equivalent) as the Copies of the submissions may be accounting for rotable spare parts mstockstill on DSK30JT082PROD with NOTICES application to obtain an approved obtained by emailing PRA@treasury.gov, provided in the proposed revenue Certificate of Registry to sell or purchase calling (202) 622–0489, or viewing the procedures. The information will be firearms and ammunition tax free. TTB entire information collection request at submitted as a supporting schedule for uses the form to determine if the www.reginfo.gov. the Form 3115, Application for Change respondent is qualified to engage in tax- SUPPLEMENTARY INFORMATION: in Accounting Method. VerDate Sep<11>2014 17:07 Apr 26, 2017 Jkt 241001 PO 00000 Frm 00108 Fmt 4703 Sfmt 4703 E:\FR\FM\27APN1.SGM 27APN1

19458 Federal Register / Vol. 82, No. 80 / Thursday, April 27, 2017 / Notices Form: 3115. Estimated Total Annual Burden Dated: April 24, 2017. Affected Public: Businesses or other Hours: 29,169. Spencer W. Clark, for-profits. Authority: 44 U.S.C. 3501 et seq. Treasury PRA Clearance Officer. [FR Doc. 2017–08547 Filed 4–26–17; 8:45 am] BILLING CODE 4830–01–P mstockstill on DSK30JT082PROD with NOTICES VerDate Sep<11>2014 17:07 Apr 26, 2017 Jkt 241001 PO 00000 Frm 00109 Fmt 4703 Sfmt 9990 E:\FR\FM\27APN1.SGM 27APN1


Document Created: 2017-04-27 01:39:53
Document Modified: 2017-04-27 01:39:53
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
ActionNotice.
DatesComments should be received on or before May 30, 2017 to be assured of consideration.
ContactCopies of the submissions may be obtained by emailing [email protected], calling (202) 622-0489, or viewing the entire information collection request at www.reginfo.gov.
FR Citation82 FR 19457 
2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR