82 FR 55713 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 224 (November 22, 2017)

Page Range		55713-55713
FR Document		2017-25303

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 information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Return Requirement for United States Persons Acquiring or Disposing of an Interest in a Foreign Partnership, or Whose Proportional Interest in a Foreign Partnership Changes.

Federal Register, Volume 82 Issue 224 (Wednesday, November 22, 2017)

[Federal Register Volume 82, Number 224 (Wednesday, November 22, 2017)]
[Notices]
[Page 55713]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-25303]


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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 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 information collections, as required by the Paperwork Reduction Act 
of 1995. The IRS is soliciting comments concerning Return Requirement 
for United States Persons Acquiring or Disposing of an Interest in a 
Foreign Partnership, or Whose Proportional Interest in a Foreign 
Partnership Changes.

DATES: Written comments should be received on or before January 22, 
2018 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.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulations should be directed to Martha R. Brinson, at 
(202) 317-5753 or at Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW., Washington, DC 20224, or through the Internet 
at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Return Requirement for United States Persons Acquiring or 
Disposing of an Interest in a Foreign Partnership, or Whose 
Proportional Interest in a Foreign Partnership Changes.
    OMB Number: 1545-1646.
    Regulation Project Number: T.D. 8851.
    Abstract: This document contains final regulations under section 
6046A of the Internal Revenue Code relating to the requirement that 
United States persons, in certain circumstances, file a return if they 
acquire or dispose of an interest in a foreign partnership, or if their 
proportional interest in a foreign partnership changes. The burden of 
complying with the collection of information required to be reported on 
Form 8865 is reflected in the burden for Form 8865, ``Return of U.S. 
Persons With Respect to Certain Foreign Partnerships.''
    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, 
Individuals or households and not-for-profit institutions.
    The burden is reflected in the burden of Form 8865.
    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 13, 2017.
L. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-25303 Filed 11-21-17; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 82, No. 224 / Wednesday, November 22, 2017 / Notices 55713

SUPPLEMENTARY INFORMATION: technology; and (e) estimates of capital their proportional interest in a foreign
Title: Manufacturers Excise Taxes on or start-up costs and costs of operation, partnership changes. The burden of
Sporting Goods and Firearms and Other maintenance, and purchase of services complying with the collection of
Administrative Provisions of Special to provide information. information required to be reported on
Application to Manufacturers and Approved: November 15, 2017. Form 8865 is reflected in the burden for
Retailers Excise Taxes; Reporting and Form 8865, ‘‘Return of U.S. Persons
L. Brimmer,
Recordkeeping Requirements. With Respect to Certain Foreign
OMB Number: 1545–0723. Senior Tax Analyst.
[FR Doc. 2017–25302 Filed 11–21–17; 8:45 am] Partnerships.’’
Regulation Project Number: T.D. 8043.
Abstract: Chapters 31 and 32 of the BILLING CODE 4830–01–P Current Actions: There is no change to
Internal Revenue Code impose excise this existing regulation.
taxes on the sale or use of certain Type of Review: Extension of a
articles. Code section 6416 allows a DEPARTMENT OF THE TREASURY
currently approved collection.
credit or refund of the tax to
manufacturers in certain cases. Code Internal Revenue Service Affected Public: Business or other for-
sections 6420, 6421, and 6427 allow profit organizations, Individuals or
Proposed Collection; Comment households and not-for-profit
credits or refunds of the tax to certain Request for Regulation Project
users of the articles. This regulation institutions.
contains reporting and recordkeeping AGENCY: Internal Revenue Service (IRS), The burden is reflected in the burden
requirements that enable the IRS and Treasury. of Form 8865.
taxpayers to verify that the proper ACTION: Notice and request for The following paragraph applies to all
amount of tax is reported or excluded. comments. of the collections of information covered
Current Actions: There is no change to
SUMMARY: The Internal Revenue Service by this notice:
this existing regulation.
Type of Review: Extension of a (IRS), as part of its continuing effort to An agency may not conduct or
currently approved collection. reduce paperwork and respondent sponsor, and a person is not required to
Affected Public: Business or other for- burden, invites the general public and respond to, a collection of information
profit or not-for-profit institutions. other Federal agencies to take this unless the collection of information
Estimated Number of Respondents: opportunity to comment on information displays a valid OMB control number.
1,500,000. collections, as required by the Books or records relating to a collection
Estimated Time per Response: 19 Paperwork Reduction Act of 1995. The of information must be retained as long
minutes. IRS is soliciting comments concerning as their contents may become material
Estimated Total Burden Hours: Return Requirement for United States in the administration of any internal
475,000. Persons Acquiring or Disposing of an
The following paragraph applies to all revenue law. Generally, tax returns and
Interest in a Foreign Partnership, or tax return information are confidential,
of the collections of information covered Whose Proportional Interest in a Foreign as required by 26 U.S.C. 6103.
by this notice: Partnership Changes.
An agency may not conduct or Request for Comments: Comments
DATES: Written comments should be
sponsor, and a person is not required to submitted in response to this notice will
received on or before January 22, 2018
respond to, a collection of information be summarized and/or included in the
to be assured of consideration.
unless the collection of information request for OMB approval. All
displays a valid OMB control number. ADDRESSES: Direct all written comments
comments will become a matter of
Books or records relating to a collection to L. Brimmer, Internal Revenue
Service, Room 6526, 1111 Constitution public record. Comments are invited on:
of information must be retained as long (a) Whether the collection of
as their contents may become material Avenue NW., Washington, DC 20224.
information is necessary for the proper
in the administration of any internal FOR FURTHER INFORMATION CONTACT:
performance of the functions of the
revenue law. Generally, tax returns and Requests for additional information or
copies of the regulations should be agency, including whether the
tax return information are confidential, information shall have practical utility;
as required by 26 U.S.C. 6103. directed to Martha R. Brinson, at (202)
317–5753 or at Internal Revenue (b) the accuracy of the agency’s estimate
Request for Comments: Comments
submitted in response to this notice will Service, Room 6526, 1111 Constitution of the burden of the collection of
be summarized and/or included in the Avenue NW., Washington, DC 20224, or information; (c) ways to enhance the
request for OMB approval. All through the Internet at quality, utility, and clarity of the
comments will become a matter of Martha.R.Brinson@irs.gov. information to be collected; (d) ways to
public record. Comments are invited on: SUPPLEMENTARY INFORMATION: minimize the burden of the collection of
(a) Whether the collection of Title: Return Requirement for United information on respondents, including
information is necessary for the proper States Persons Acquiring or Disposing of through the use of automated collection
performance of the functions of the an Interest in a Foreign Partnership, or techniques or other forms of information
agency, including whether the Whose Proportional Interest in a Foreign technology; and (e) estimates of capital
information shall have practical utility; Partnership Changes. or start-up costs and costs of operation,
asabaliauskas on DSKBBXCHB2PROD with NOTICES

(b) the accuracy of the agency’s estimate OMB Number: 1545–1646. maintenance, and purchase of services
of the burden of the collection of Regulation Project Number: T.D. 8851. to provide information.
information; (c) ways to enhance the Abstract: This document contains Approved: November 13, 2017.
quality, utility, and clarity of the final regulations under section 6046A of
L. Brimmer,
information to be collected; (d) ways to the Internal Revenue Code relating to
minimize the burden of the collection of the requirement that United States Senior Tax Analyst.
information on respondents, including persons, in certain circumstances, file a [FR Doc. 2017–25303 Filed 11–21–17; 8:45 am]
through the use of automated collection return if they acquire or dispose of an BILLING CODE 4830–01–P
techniques or other forms of information interest in a foreign partnership, or if

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Document Created: 2017-11-22 00:49:05
Document Modified: 2017-11-22 00:49:05

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 22, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the regulations should be directed to Martha R. Brinson, at (202) 317-5753 or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at [email protected]
FR Citation		82 FR 55713

82 FR 55713 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 82, Issue 224 (November 22, 2017)

DEPARTMENT OF THE TREASURY
Internal Revenue Service