82 FR 8649 - Proposed Collection; Comment Request for Form 8874-B

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 82, Issue 17 (January 27, 2017)

Page Range		8649-8650
FR Document		2017-01869

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 Form 8874-B, Notice of Recapture Event for New Markets Credit.

Federal Register, Volume 82 Issue 17 (Friday, January 27, 2017)

[Federal Register Volume 82, Number 17 (Friday, January 27, 2017)]
[Notices]
[Pages 8649-8650]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-01869]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8874-B

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. Currently, the IRS is soliciting 
comments concerning Form 8874-B, Notice of Recapture Event for New 
Markets Credit.

DATES: Written comments should be received on or before March 28, 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 form and instructions should be directed to Martha R. 
Brinson, Internal Revenue Service, Room 6129, 1111 Constitution Avenue 
NW., Washington, DC 20224, or through the Internet at 
Martha.R.Brinson@irs.gov.

SUPPLEMENTARY INFORMATION: 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)).
    Title: Notice of Recapture Event for New Markets Credit.
    OMB Number: 1545-2066.
    Form Number: 8874-B
    Abstract: CDEs must provide notification to any taxpayer holder of 
a qualified equity investment (including prior holders) that a 
recapture event has occurred. This form is used to make the 
notification as required under Regulations section 1.45D-1(g)(2)(i)(B).
    Current Actions: There are no changes being made to the form at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individual or households, Business or other for-
profit.
    Estimated Number of Respondents: 500.
    Estimated Time per Respondent: 5 hours; 30 minutes.
    Estimated Total Annual Burden Hours: 2,755.
    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

[[Page 8650]]

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: January 17, 2017.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2017-01869 Filed 1-26-17; 8:45 am]
 BILLING CODE 4830-01-P

8650 Federal Register / Vol. 82, No. 17 / Friday, January 27, 2017 / Notices

tax return information are confidential, FOR FURTHER INFORMATION CONTACT: minimize the burden of the collection of
as required by 26 U.S.C. 6103. Requests for additional information or information on respondents, including
Request for Comments: Comments copies of the regulations should be through the use of automated collection
submitted in response to this notice will directed to Martha R. Brinson, Internal techniques or other forms of information
be summarized and/or included in the Revenue Service, Room 6129, 1111 technology; and (e) estimates of capital
request for OMB approval. All Constitution Avenue NW., Washington, or start-up costs and costs of operation,
comments will become a matter of DC 20224, or through the Internet at maintenance, and purchase of services
public record. Comments are invited on: Martha.R.Brinson@irs.gov. to provide information.
(a) Whether the collection of SUPPLEMENTARY INFORMATION: Approved: January 22, 2017.
information is necessary for the proper Title: Foreign Tax Credit; Notification Tuawana Pinkston,
performance of the functions of the of Foreign Tax Redeterminations. IRS Reports Clearance Officer.
agency, including whether the OMB Number: 1545–1056. [FR Doc. 2017–01873 Filed 1–26–17; 8:45 am]
information shall have practical utility; Regulation Project Number: REG–
BILLING CODE 4830–01–P
(b) the accuracy of the agency’s estimate 209020–86.
of the burden of the collection of Abstract: This regulation relates to a
information; (c) ways to enhance the taxpayer’s obligation under section DEPARTMENT OF THE TREASURY
quality, utility, and clarity of the 905© of the Internal Revenue Code to
information to be collected; (d) ways to file notification of a foreign tax Internal Revenue Service
minimize the burden of the collection of redetermination, to make adjustments to
information on respondents, including a taxpayer’s pools of foreign taxes and Proposed Collection; Comment
through the use of automated collection earnings and profits, and the imposition Request for Regulation Project
techniques or other forms of information of the civil penalty for failure to file
AGENCY: Internal Revenue Service (IRS),
technology; and (e) estimates of capital such notice or report such adjustments.
Treasury.
or start-up costs and costs of operation, Current Actions: There is no change
maintenance, and purchase of services in the paperwork burden previously ACTION: Notice and request for
to provide information. approved by OMB. comments.
Approved: January 17, 2017. Type of Review: Extension of SUMMARY: The Department of the
Tuawana Pinkston, currently approved collection. Treasury, as part of its continuing effort
Affected Public: Individuals and to reduce paperwork and respondent
IRS Reports Clearance Officer.
business or other for-profit burden, invites the general public and
[FR Doc. 2017–01869 Filed 1–26–17; 8:45 am]
organizations. other Federal agencies to take this
BILLING CODE 4830–01–P
Estimated Number of Respondents: opportunity to comment on proposed
13,000. and/or continuing information
Estimated Time per Respondent: 4 collections, as required by the
DEPARTMENT OF THE TREASURY
hrs., 9 mins. Paperwork Reduction Act of 1995.
Internal Revenue Service Estimated Total Annual Burden Currently, the IRS is soliciting
Hours: 54,000. comments concerning final regulations
Proposed Collection; Comment The following paragraph applies to all concerning updating of employer
Request for Regulation Project of the collections of information covered identification numbers.
by this notice:
AGENCY: Internal Revenue Service (IRS), DATES: Written comments should be
An agency may not conduct or
Treasury. received on or before March 28, 2017 to
sponsor, and a person is not required to
be assured of consideration.
Notice and request for
ACTION: respond to, a collection of information
unless the collection of information ADDRESSES: Direct all written comments
comments.
displays a valid OMB control number. to Tuawana Pinkston, Internal Revenue
SUMMARY: The Department of the Books or records relating to a collection Service, Room 6526, 1111 Constitution
Treasury, as part of its continuing effort of information must be retained as long Avenue NW., Washington, DC 20224.
to reduce paperwork and respondent as their contents may become material FOR FURTHER INFORMATION CONTACT:
burden, invites the general public and in the administration of any internal Requests for additional information or
other Federal agencies to take this revenue law. Generally, tax returns and copies of the regulations should be
opportunity to comment on proposed tax return information are confidential, directed to Kerry Dennis at Internal
and/or continuing information as required by 26 U.S.C. 6103. Revenue Service, Room 6526, 1111
collections, as required by the Request for Comments: Comments Constitution Avenue NW., Washington,
Paperwork Reduction Act of 1995, submitted in response to this notice will DC 20224, or through the internet at
Public Law 104–13(44 U.S.C. be summarized and/or included in the Kerry.Dennis@irs.gov.
3506(c)(2)(A)). Currently, the IRS is request for OMB approval. All SUPPLEMENTARY INFORMATION:
soliciting comments concerning REG– comments will become a matter of Title: Updating of Employer
209020–86, Foreign Tax Credit; public record. Comments are invited on: Identification Numbers.
Notification of Foreign Tax (a) Whether the collection of OMB Number: 1545–2242.
Redeterminations. information is necessary for the proper Regulation Project Number: TD 9617.
performance of the functions of the Abstract: The collection of
jstallworth on DSK7TPTVN1PROD with NOTICES

DATES: Written comments should be agency, including whether the information in the final regulations is in
received on or before March 28, 2017 to information shall have practical utility; § 301.6109–1(d)(2)(ii)(A). The collection
be assured of consideration. (b) the accuracy of the agency’s estimate of this information is necessary to allow
ADDRESSES: Direct all written comments of the burden of the collection of the IRS to gather correct application
to Tuawana Pinkston, Internal Revenue information; (c) ways to enhance the information with respect to persons that
Service, Room 6526, 1111 Constitution quality, utility, and clarity of the have EINs. The respondents are persons
Avenue NW., Washington, DC 20224. information to be collected; (d) ways to that have EINs.

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Document Created: 2017-01-27 00:11:18
Document Modified: 2017-01-27 00:11:18

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 March 28, 2017 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions 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 8649

82 FR 8649 - Proposed Collection; Comment Request for Form 8874-B

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 82, Issue 17 (January 27, 2017)

DEPARTMENT OF THE TREASURY
Internal Revenue Service