82 FR 45948 - Proposed Collection; Comment Request for Compensatory Stock Options Under Section 482 (T.D. 9088)

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 189 (October 2, 2017)

Page Range		45948-45949
FR Document		2017-21153

The Internal Revenue Service (IRS), 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. The IRS is soliciting comments concerning information collection requirements related to compensatory stock options under section 482.

Federal Register, Volume 82 Issue 189 (Monday, October 2, 2017)

[Federal Register Volume 82, Number 189 (Monday, October 2, 2017)]
[Notices]
[Pages 45948-45949]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-21153]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Compensatory Stock 
Options Under Section 482 (T.D. 9088)

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service (IRS), 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. The IRS is soliciting comments 
concerning information collection requirements related to compensatory 
stock options under section 482.

DATES: Written comments should be received on or before December 1, 
2017 to be assured of consideration.

ADDRESSES: Direct all written comments to L. Brimmer, Internal Revenue 
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224.
    Requests for additional information or copies of the regulation 
should be directed to Taquesha Cain, Room 6526, 1111 Constitution 
Avenue NW., Washington, DC 20224, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Compensatory Stock Options Under Section 482.
    OMB Number: 1545-1794.
    Regulation Project Number: T.D. 9088.
    Abstract: Internal Revenue Code section 482 provides guidance 
regarding the application of the rules of section 482 governing 
qualified cost sharing arrangements. These regulations provide guidance 
regarding the treatment of stock-based compensation for purposes of the 
rules governing qualified cost sharing arrangements and for purposes of 
the comparability factors to be considered under the comparable profits 
method.
    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.
    Estimated Number of Respondents: 500.
    Estimated Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 2,000.
    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

[[Page 45949]]

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 26, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-21153 Filed 9-29-17; 8:45 am]
 BILLING CODE 4830-01-P

45948 Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices

Entities Identified as meeting the definition of Requests for additional information or
1. AGRICULTURAL DEVELOPMENT the Government of North Korea as set copies of the regulation should be
BANK, Korea, North [DPRK4]. forth in Section 9(d) of Executive Order directed to Taquesha Cain, Room 6526,
Designated pursuant to Section 1(a)(i) 13722 of March 15, 2016, ‘‘Blocking 1111 Constitution Avenue NW.,
of Executive Order 13810 for operating Property of the Government of North Washington, DC 20224, or through the
in the financial services industry in Korea and the Workers’ Party of Korea, internet at Taquesha.R.Cain@irs.gov.
North Korea. and Prohibiting Certain Transactions SUPPLEMENTARY INFORMATION:
2. CHEIL CREDIT BANK (a.k.a. FIRST With Respect to North Korea’’ Title: Compensatory Stock Options
CREDIT BANK; f.k.a. ‘‘KYONGYONG (Executive Order 13722) because it is an Under Section 482.
CREDIT BANK’’), 3–18 Pyongyang agency, instrumentality, or controlled OMB Number: 1545–1794.
Information Center, Potonggang District, entity of the Government of North Regulation Project Number: T.D. 9088.
Pyongyang, Korea, North; Beijing, Korea. Abstract: Internal Revenue Code
China; Shenyang, China; Shanghai, 10. FOREIGN TRADE BANK OF THE section 482 provides guidance regarding
China; SWIFT/BIC KYCBKPPYXXX DEMOCRATIC PEOPLE’S REPUBLIC the application of the rules of section
[DPRK4]. OF KOREA (a.k.a. KOREA TRADE 482 governing qualified cost sharing
Designated pursuant to Section 1(a)(i) BANK; a.k.a. MOOYOKBANK; a.k.a. arrangements. These regulations provide
of Executive Order 13810 for operating NORTH KOREA’S FOREIGN TRADE guidance regarding the treatment of
in the financial services industry in BANK), FTB Building, Jungsong-dong, stock-based compensation for purposes
North Korea. Central District, Pyongyang, Korea, of the rules governing qualified cost
3. HANA BANKING CORPORATION North; SWIFT/BIC FTBD KP PY sharing arrangements and for purposes
LTD, Haebangsan Hotel, Jungsong-Dong, [NPWMD] [DPRK3]. of the comparability factors to be
Sungri Street, Central District, Identified as meeting the definition of considered under the comparable profits
Pyongyang, Korea, North; Dandong, the Government of North Korea as set method.
China; SWIFT/BIC BRBKKPPIXXX forth in Section 9(d) of Executive Order Current Actions: There is no change
[DPRK4]. 13722 because it is an agency, in the paperwork burden previously
Designated pursuant to Section 1(a)(i) instrumentality, or controlled entity of approved by OMB.
of Executive Order 13810 for operating the Government of North Korea. Type of Review: Extension of a
in the financial services industry in Dated: September 26, 2017. currently approved collection.
North Korea. Affected Public: Business or other for-
Michael Mosier,
4. INTERNATIONAL INDUSTRIAL profit.
DEVELOPMENT BANK, Jongpyong- Acting Director, Office of Foreign Assets
Control. Estimated Number of Respondents:
Dong, Pyong Chon District, Pyongyang, 500.
Korea, North [DPRK4]. [FR Doc. 2017–21049 Filed 9–29–17; 8:45 am]
Estimated Time per Respondent: 1
Designated pursuant to Section 1(a)(i) BILLING CODE 4810–AL–P
hour.
of Executive Order 13810 for operating Estimated Total Annual Burden
in the financial services industry in Hours: 2,000.
North Korea. DEPARTMENT OF THE TREASURY
The following paragraph applies to all
5. JINMYONG JOINT BANK, Korea, of the collections of information covered
North; Dalian, China [DPRK4]. Internal Revenue Service
by this notice:
Designated pursuant to Section 1(a)(i) Proposed Collection; Comment An agency may not conduct or
of Executive Order 13810 for operating Request for Compensatory Stock sponsor, and a person is not required to
in the financial services industry in Options Under Section 482 (T.D. 9088) respond to, a collection of information
North Korea.
6. JINSONG JOINT BANK, Korea, unless the collection of information
AGENCY: Internal Revenue Service (IRS), displays a valid OMB control number.
North [DPRK4]. Treasury.
Designated pursuant to Section 1(a)(i) Books or records relating to a collection
ACTION: Notice and request for of information must be retained as long
of Executive Order 13810 for operating comments.
in the financial services industry in as their contents may become material
North Korea. in the administration of any internal
SUMMARY: The Internal Revenue Service
7. KORYO COMMERCIAL BANK revenue law. Generally, tax returns and
(IRS), as part of its continuing effort to
LTD., Pyongyang, Korea, North; Beijing, tax return information are confidential,
reduce paperwork and respondent
China; Shenyang, China; SWIFT/BIC as required by 26 U.S.C. 6103.
burden, invites the general public and
KCBKKPP1 [DPRK4]. Request for Comments: Comments
other Federal agencies to take this
Designated pursuant to Section 1(a)(i) submitted in response to this notice will
opportunity to comment on proposed
of Executive Order 13810 for operating be summarized and/or included in the
and/or continuing information
in the financial services industry in request for OMB approval. All
collections, as required by the
North Korea. comments will become a matter of
Paperwork Reduction Act of 1995. The
8. RYUGYONG COMMERCIAL public record.
IRS is soliciting comments concerning
BANK, Korea, North; Beijing, China; Comments are invited on: (a) Whether
information collection requirements
Dandong, China [DPRK4]. the collection of information is
related to compensatory stock options
Designated pursuant to Section 1(a)(i) necessary for the proper performance of
under section 482.
the functions of the agency, including
sradovich on DSK3GMQ082PROD with NOTICES

of Executive Order 13810 for operating
in the financial services industry in DATES: Written comments should be whether the information shall have
North Korea. received on or before December 1, 2017 practical utility; (b) the accuracy of the
9. CENTRAL BANK OF THE to be assured of consideration. agency’s estimate of the burden of the
DEMOCRATIC PEOPLE’S REPUBLIC ADDRESSES: Direct all written comments collection of information; (c) ways to
OF KOREA, 58–1 Mansu-dong, Sungri to L. Brimmer, Internal Revenue enhance the quality, utility, and clarity
Street, Central District, Pyongyang, Service, Room 6526, 1111 Constitution of the information to be collected; (d)
Korea, North [DPRK3]. Avenue NW., Washington, DC 20224. ways to minimize the burden of the

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Federal Register / Vol. 82, No. 189 / Monday, October 2, 2017 / Notices 45949

collection of information on section 6031 for such partnerships. Rev. DEPARTMENT OF THE TREASURY
respondents, including through the use Proc. 2002–68 modified and
of automated collection techniques or superseded. Internal Revenue Service
other forms of information technology; Current Actions: There are no changes
and (e) estimates of capital or start-up Proposed Collection; Comment
being made to the revenue procedure at Request for Regulation Project
costs and costs of operation,
this time.
maintenance, and purchase of services AGENCY: Internal Revenue Service (IRS),
to provide information. Type of Review: Extension of a
Treasury.
currently approved collection.
Approved: September 26, 2017. ACTION: Notice and request for
L. Brimmer, Affected Public: Business or other for- comments.
Senior Tax Analyst. profit organizations.
[FR Doc. 2017–21153 Filed 9–29–17; 8:45 am] Estimated Number of Respondents: SUMMARY: The Internal Revenue Service,
BILLING CODE 4830–01–P 1,000. as part of its continuing effort to reduce
paperwork and respondent burden,
Estimated Time per Respondent: 30 invites the general public and other
minutes. Federal agencies to take this
DEPARTMENT OF THE TREASURY
Estimated Total Annual Burden opportunity to comment on proposed
Internal Revenue Service Hours: 500. and/or continuing information
The following paragraph applies to all collections, as required by the
Proposed Collection; Comment Paperwork Reduction Act of 1995. The
the collections of information covered
Request for Revenue Procedure 2003– IRS is soliciting comments concerning
84 by this notice:
carryover of passive activity losses and
An agency may not conduct or credits and at-risk losses to bankruptcy
AGENCY: Internal Revenue Service (IRS), sponsor, and a person is not required to
Treasury. estates of individuals.
respond to, a collection of information
ACTION: Notice of information collection; DATES: Written comments should be
unless the collection of information received on or before December 1, 2017
request for comments. displays a valid OMB control number. to be assured of consideration.
SUMMARY: The Internal Revenue Service Books or records relating to a ADDRESSES: Direct all written comments
(IRS), as part of its continuing effort to collection of information must be to L. Brimmer, Internal Revenue
reduce paperwork and respondent retained as long as their contents may Service, Room 6526, 1111 Constitution
burden, invites the general public and become material in the administration Avenue NW., Washington, DC 20224.
other Federal agencies to take this of any internal revenue law. Generally, Requests for additional information or
opportunity to comment on proposed tax returns and tax return information copies of this regulation should be
and/or continuing information are confidential, as required by 26 directed to Sara Covington, at Internal
collections, as required by the U.S.C. 6103. Revenue Service, Room 6526, 1111
Paperwork Reduction Act of 1995. The Constitution Ave., NW., Washington,
Request for Comments: Comments
IRS is soliciting comments concerning DC 20224, or through the internet at
Revenue Procedure 2003–84, Optional submitted in response to this notice will
be summarized and/or included in the Sara.L.Covington@irs.gov.
election to make monthly 706(a) SUPPLEMENTARY INFORMATION:
computations. request for OMB approval. All
comments will become a matter of Title: Carryover of Passive Activity
DATES: Written comments should be public record. Losses and Credits and At Risk Losses
received on or before December 1, 2017 to Bankruptcy Estates for Individuals.
to be assured of consideration. Comments are invited on: (a) Whether OMB Number: 1545–1375.
the collection of information is Regulation Project Number: T.D. 8537.
ADDRESSES: Direct all written comments
to L. Brimmer, Internal Revenue necessary for the proper performance of Abstract: These regulations relate to
Service, Room 6526, 1111 Constitution the functions of the agency, including the application of carryover of passive
Avenue NW., Washington, DC 20224. whether the information shall have activity losses and credits and at risk
Requests for additional information or practical utility; (b) the accuracy of the losses to the bankruptcy estates of
copies of the regulation should be agency’s estimate of the burden of the individuals. The final regulations affect
directed to Taquesha Cain, Room 6526, collection of information; (c) ways to individual taxpayers who file
1111 Constitution Avenue NW., enhance the quality, utility, and clarity bankruptcy petitions under chapter 7 or
Washington, DC 20224, or through the of the information to be collected; (d) chapter 11 of title 11 of the United
internet at Taquesha.R.Cain@irs.gov. ways to minimize the burden of the States Code and have passive activity
SUPPLEMENTARY INFORMATION: collection of information on losses and credits under section 469 or
Title: Optional election to make respondents, including through the use losses under section 465.
monthly 706(a) computations. of automated collection techniques or Current Actions: There are no changes
OMB Number: 1545–1768. other forms of information technology; being made to this existing regulation.
Revenue Procedure Number: Revenue and (e) estimates of capital or start-up Type of Review: Extension of a
Procedure 2003–84. costs and costs of operation, currently approved collection.
Abstract: This procedure allows maintenance, and purchase of services Affected Public: Individuals or
sradovich on DSK3GMQ082PROD with NOTICES

certain partnerships that invest in tax- to provide information. households.
exempt obligations to make an election Approved: September 26, 2017.
Estimated Number of Respondents:
that enables the partners to take into 500.
L. Brimmer,
account monthly the inclusions Estimated Time per Respondent: 12
required under sections 702 and 707(c) Senior Tax Analyst. Minutes.
of the Code and provides rules for [FR Doc. 2017–21152 Filed 9–29–17; 8:45 am] Estimated Total Annual Burden
partnership income tax reporting under BILLING CODE 4830–01–P Hours: 100.

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Document Created: 2017-09-30 04:41:01
Document Modified: 2017-09-30 04:41:01

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 December 1, 2017 to be assured of consideration.
FR Citation		82 FR 45948

82 FR 45948 - Proposed Collection; Comment Request for Compensatory Stock Options Under Section 482 (T.D. 9088)

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 82, Issue 189 (October 2, 2017)

DEPARTMENT OF THE TREASURY
Internal Revenue Service