83 FR 12074 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 53 (March 19, 2018)

Page Range		12074-12075
FR Document		2018-05556

The Internal Revenue Service, 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 continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning application procedures for qualified intermediary status under final qualified intermediary withholding agreement.

Federal Register, Volume 83 Issue 53 (Monday, March 19, 2018)

[Federal Register Volume 83, Number 53 (Monday, March 19, 2018)]
[Notices]
[Pages 12074-12075]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-05556]


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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, 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 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. The IRS is soliciting comments concerning 
application procedures for qualified intermediary status under final 
qualified intermediary withholding agreement.

DATES: Written comments should be received on or before May 18, 2018 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form should be directed to Kerry Dennis, at (202) 317-
5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue 
NW, Washington, DC 20224, or through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Application Procedures for Qualified Intermediary Status 
Under Section 1441; Final Qualified Intermediary Withholding Agreement.
    OMB Number: 1545-1597.
    Revenue Procedure Number: 2000-12 (Revenue Procedure 2000-12 is 
modified by Announcement 2000-50, Revenue Procedure 2003-64, Revenue 
Procedure 2004-21, and Revenue Procedure 2005-77.)
    Abstract: This revenue procedure gives guidance for entering into a 
withholding agreement with the IRS to be treated as a Qualified 
Intermediary (QI) under regulation section 1.1441-1(e)(5). It describes 
the application procedures for becoming a QI and the terms that the IRS 
will ordinarily require in a QI withholding agreement. The objective of 
a QI withholding agreement is to simplify withholding and reporting 
obligations with respect to payments of income made to an account 
holder through one or more foreign intermediaries.
    Current Actions: There are no changes to the paperwork burden 
previously approved by OMB.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 88,504.
    Estimated Number of Responses: 1,097,991.
    Estimated Time per Respondent: 16 minutes.
    **Estimated Time for a QI: 2,093 hours.
    Estimated Total Annual Burden Hours: 301,018.

[[Page 12075]]

    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: March 12, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-05556 Filed 3-16-18; 8:45 am]
 BILLING CODE P

12074 Federal Register / Vol. 83, No. 53 / Monday, March 19, 2018 / Notices

(Authority: The Paperwork Reduction Act of Affected Public: Business or other for- invites the general public and other
1995; 44 U.S.C. Chapter 35, as amended; and profit organizations. Federal agencies to take this
49 CFR 1.93.) Estimated Number of Respondents: opportunity to comment on continuing
* * * * * 50. information collections, as required by
By Order of the Maritime Administrator. Estimated Time per Respondent: 71 the Paperwork Reduction Act of 1995.
Dated: March 14, 2018. hours, 53 minutes. The IRS is soliciting comments
T. Mitchell Hudson, Jr., Estimated Total Annual Burden concerning application procedures for
Secretary, Maritime Administration. Hours: 3,594. qualified intermediary status under final
The following paragraph applies to all qualified intermediary withholding
[FR Doc. 2018–05498 Filed 3–16–18; 8:45 am]
of the collections of information covered agreement.
BILLING CODE 4910–81–P
by this notice: DATES: Written comments should be
An agency may not conduct or
received on or before May 18, 2018 to
sponsor, and a person is not required to
DEPARTMENT OF THE TREASURY be assured of consideration.
respond to, a collection of information
ADDRESSES: Direct all written comments
unless the collection of information
Internal Revenue Service to Laurie Brimmer, Internal Revenue
displays a valid OMB control number.
Books or records relating to a collection Service, Room 6529, 1111 Constitution
Proposed Collection; Comment Avenue NW, Washington, DC 20224.
Request for Form 1028 of information must be retained as long
as their contents may become material FOR FURTHER INFORMATION CONTACT:
AGENCY: Internal Revenue Service (IRS), in the administration of any internal Requests for additional information or
Treasury. revenue law. Generally, tax returns and copies of the form should be directed to
ACTION: Notice and request for tax return information are confidential, Kerry Dennis, at (202) 317–5751 or
comments. as required by 26 U.S.C. 6103. Internal Revenue Service, Room 6529,
Request for Comments: Comments 1111 Constitution Avenue NW,
SUMMARY: The Internal Revenue Service Washington, DC 20224, or through the
submitted in response to this notice will
(IRS), as part of its continuing effort to internet, at Kerry.Dennis@irs.gov.
be summarized and/or included in the
reduce paperwork and respondent SUPPLEMENTARY INFORMATION:
request for OMB approval. All
burden, invites the general public and Title: Application Procedures for
comments will become a matter of
other Federal agencies to take this Qualified Intermediary Status Under
public record. Comments are invited on:
opportunity to comment on information Section 1441; Final Qualified
(a) Whether the collection of
collections, as required by the Intermediary Withholding Agreement.
information is necessary for the proper
Paperwork Reduction Act of 1995. The OMB Number: 1545–1597.
performance of the functions of the
IRS is soliciting comments concerning Revenue Procedure Number: 2000–12
agency, including whether the
Application for Recognition of (Revenue Procedure 2000–12 is
information shall have practical utility;
Exemption Under Section 521 of the modified by Announcement 2000–50,
(b) the accuracy of the agency’s estimate
Internal Revenue Code. Revenue Procedure 2003–64, Revenue
of the burden of the collection of
DATES: Written comments should be Procedure 2004–21, and Revenue
information; (c) ways to enhance the
received on or before May 18, 2018 to Procedure 2005–77.)
quality, utility, and clarity of the Abstract: This revenue procedure
be assured of consideration. information to be collected; (d) ways to
ADDRESSES: Direct all written comments
gives guidance for entering into a
minimize the burden of the collection of withholding agreement with the IRS to
to Laurie Brimmer, Internal Revenue information on respondents, including
Service, Room 6526, 1111 Constitution be treated as a Qualified Intermediary
through the use of automated collection (QI) under regulation section 1.1441–
Avenue NW, Washington, DC 20224. techniques or other forms of information 1(e)(5). It describes the application
FOR FURTHER INFORMATION: Requests for technology; and (e) estimates of capital procedures for becoming a QI and the
additional information or copies of the or start-up costs and costs of operation, terms that the IRS will ordinarily
form should be directed to Martha R. maintenance, and purchase of services require in a QI withholding agreement.
Brinson, at (202) 317–5753 or at Internal to provide information. The objective of a QI withholding
Revenue Service, Room 6526, 1111 Approved: March 13, 2018. agreement is to simplify withholding
Constitution Avenue NW, Washington, and reporting obligations with respect to
Laurie Brimmer,
DC 20224, or through the internet at payments of income made to an account
Martha.R.Brinson@irs.gov. Senior Tax Analyst.
[FR Doc. 2018–05555 Filed 3–16–18; 8:45 am]
holder through one or more foreign
SUPPLEMENTARY INFORMATION: intermediaries.
Title: Application for Recognition of BILLING CODE 4830–01–P
Current Actions: There are no changes
Exemption Under Section 521 of the to the paperwork burden previously
Internal Revenue Code. approved by OMB.
OMB Number: 1545–0058. DEPARTMENT OF THE TREASURY
Type of Review: Extension of a
Form Number: 1028. currently approved collection.
Abstract: Farmers’ cooperatives must Internal Revenue Service
Affected Public: Business or other for-
file Form 1028 to apply for exemption profit organizations.
Proposed Collection; Comment
from Federal income tax as being Estimated Number of Respondents:
Request for Regulation Project
organizations described in Internal 88,504.
sradovich on DSK3GMQ082PROD with NOTICES

Revenue Code section 521. The AGENCY: Internal Revenue Service (IRS), Estimated Number of Responses:
information on Form 1028 provides the Treasury. 1,097,991.
basis for determining whether the ACTION: Notice and request for Estimated Time per Respondent: 16
applicants are exempt. comments. minutes.
Current Actions: There are no changes **Estimated Time for a QI: 2,093
being made to Form 1028 at this time. SUMMARY: The Internal Revenue Service, hours.
Type of Review: Extension of a as part of its continuing effort to reduce Estimated Total Annual Burden
currently approved collection. paperwork and respondent burden, Hours: 301,018.

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Federal Register / Vol. 83, No. 53 / Monday, March 19, 2018 / Notices 12075

The following paragraph applies to all DATES: Written comments should be performance of the functions of the
of the collections of information covered received on or before May 18, 2018 to agency, including whether the
by this notice. be assured of consideration. information shall have practical utility;
An agency may not conduct or ADDRESSES: Direct all written comments (b) the accuracy of the agency’s estimate
sponsor, and a person is not required to to Laurie Brimmer, Internal Revenue of the burden of the collection of
respond to, a collection of information Service, Room 6526, 1111 Constitution information; (c) ways to enhance the
unless the collection of information Avenue NW, Washington, DC 20224. quality, utility, and clarity of the
displays a valid OMB control number. FOR FURTHER INFORMATION CONTACT:
information to be collected; (d) ways to
Books or records relating to a collection Requests for additional information or minimize the burden of the collection of
of information must be retained as long copies of the form should be directed to information on respondents, including
as their contents may become material Martha R. Brinson, at (202) 317–5753 or through the use of automated collection
in the administration of any internal techniques or other forms of information
at Internal Revenue Service, Room 6526,
revenue law. Generally, tax returns and technology; and (e) estimates of capital
1111 Constitution Avenue NW,
tax return information are confidential, or start-up costs and costs of operation,
Washington, DC 20224, or through the
as required by 26 U.S.C. 6103. maintenance, and purchase of services
internet at Martha.R.Brinson@irs.gov.
Request for Comments: Comments to provide information.
SUPPLEMENTARY INFORMATION:
submitted in response to this notice will Title: Information Referral. Approved: March 13, 2018.
be summarized and/or included in the OMB Number: 1545–1960. Laurie Brimmer,
request for OMB approval. All Form Number: 3949–A. Senior Tax Analyst.
comments will become a matter of Abstract: Form 3949–A is used by [FR Doc. 2018–05512 Filed 3–16–18; 8:45 am]
public record. Comments are invited on: certain taxpayer/investors to wishing to BILLING CODE 4830–01–P
(a) Whether the collection of report alleged tax violations. The form
information is necessary for the proper will be designed to capture the essential
performance of the functions of the information needed by IRS for an initial DEPARTMENT OF THE TREASURY
agency, including whether the evaluation of the report. Upon return,
information shall have practical utility; the Service will conduct the same back- Internal Revenue Service
(b) the accuracy of the agency’s estimate end processing required under present
of the burden of the collection of Proposed Collection; Comment
IRM guidelines. Submission of the Request for Form 1099–G
information; (c) ways to enhance the information to be included on the form
quality, utility, and clarity of the is entirely voluntary on the part of the AGENCY: Internal Revenue Service (IRS),
information to be collected; (d) ways to caller and is not a requirement of the Treasury.
minimize the burden of the collection of Tax Code. ACTION: Notice and request for
information on respondents, including Current Actions: There are no changes comments.
through the use of automated collection being made to Form 3949–A at this
techniques or other forms of information time. SUMMARY: The Internal Revenue Service,
technology; and (e) estimates of capital Type of Review: Extension of a as part of its continuing effort to reduce
or start-up costs and costs of operation, currently approved collection. paperwork and respondent burden,
maintenance, and purchase of services Affected Public: Individuals and invites the general public and other
to provide information. Households. Federal agencies to take this
Estimated Number of Respondents: opportunity to comment on proposed
Approved: March 12, 2018.
215,000. and/or continuing information
Laurie Brimmer,
Estimated Time per Respondent: 15 collections, as required by the
Senior Tax Analyst. Paperwork Reduction Act of 1995.
minutes.
[FR Doc. 2018–05556 Filed 3–16–18; 8:45 am] Currently, the IRS is soliciting
Estimated Total Annual Burden
BILLING CODE P
Hours: 53,750. comments concerning Form 1099–G,
The following paragraph applies to all Certain Government Payments.
of the collections of information covered DATES: Written comments should be
DEPARTMENT OF THE TREASURY received on or before May 18, 2018 to
by this notice:
Internal Revenue Service An agency may not conduct or be assured of consideration.
sponsor, and a person is not required to ADDRESSES: Direct all written comments
Proposed Collection; Comment respond to, a collection of information to Laurie Brimmer, Internal Revenue
Request for Form 3949–A unless the collection of information Service, Room 6526, 1111 Constitution
displays a valid OMB control number. Avenue NW, Washington, DC 20224.
AGENCY: Internal Revenue Service (IRS), Books or records relating to a collection FOR FURTHER INFORMATION CONTACT:
Treasury. of information must be retained as long Requests for additional information or
ACTION: Notice and request for as their contents may become material copies of the form and instructions
comments. in the administration of any internal should be directed to LaNita Van Dyke,
revenue law. Generally, tax returns and at (202) 317–6009, Internal Revenue
SUMMARY: The Internal Revenue Service tax return information are confidential, Service, Room 6526, 1111 Constitution
(IRS), as part of its continuing effort to as required by 26 U.S.C. 6103. Avenue NW, Washington, DC 20224, or
reduce paperwork and respondent Request for Comments: Comments
sradovich on DSK3GMQ082PROD with NOTICES

through the internet at
burden, invites the general public and submitted in response to this notice will Lanita.VanDyke@irs.gov.
other Federal agencies to take this be summarized and/or included in the SUPPLEMENTARY INFORMATION:
opportunity to comment on information request for OMB approval. All Title: Certain Government Payments.
collections, as required by the comments will become a matter of OMB Number: 1545–0120.
Paperwork Reduction Act of 1995. The public record. Comments are invited on: Form Number: 1099–G.
IRS is soliciting comments concerning (a) Whether the collection of Abstract: Form 1099–G is used to
Information Referral. information is necessary for the proper report government payments such as

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Document Created: 2018-03-17 04:25:01
Document Modified: 2018-03-17 04:25:01

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 May 18, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the form should be directed to Kerry Dennis, at (202) 317- 5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at [email protected]
FR Citation		83 FR 12074

83 FR 12074 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 53 (March 19, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service