83 FR 18873 - Proposed Collection; Comment Request for TD 8352 and TD 8531

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 83 (April 30, 2018)

Page Range		18873-18874
FR Document		2018-09025

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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the IRS is soliciting comments concerning TD 8352 (temp & final) Final Regulations Under Sections 382 and 383 of the Internal Revenue Code of 1986; Pre-change Attributes; TD 8531--Final Regulations Under Section 382.

Federal Register, Volume 83 Issue 83 (Monday, April 30, 2018)

[Federal Register Volume 83, Number 83 (Monday, April 30, 2018)]
[Notices]
[Pages 18873-18874]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-09025]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for TD 8352 and TD 8531

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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

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 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995. Currently, the IRS is soliciting 
comments concerning TD 8352 (temp & final) Final Regulations Under 
Sections 382 and 383 of the Internal Revenue Code of 1986; Pre-change 
Attributes; TD 8531--Final Regulations Under Section 382.

DATES: Written comments should be received on or before June 29, 2018 
to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie 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 form and instructions should be directed to LaNita Van 
Dyke at (202) 317-6009, Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW, Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: TD 8352 (temp & final) Final Regulations Under Sections 382 
and 383 of the Internal Revenue Code of 1986; Pre-change Attributes; TD 
8531--Final Regulations Under Section 382.
    OMB Number: 1545-1120.
    Abstract: (TD 8352) These regulations require reporting by a 
corporation after it undergoes an ``ownership change'' under Code 
sections 382 and 383. Corporations required to report under these 
regulations include those with capital loss carryovers and excess 
credits. (TD 8531) These regulations provide rules for the treatment of 
options under Code section 382 for purposes of determining whether a 
corporation undergoes an ownership change. The regulation allows for 
certain elections for corporations whose stock is subject to options.
    Current Actions: There is no change to these existing regulations.

[[Page 18874]]

    Type of Review: Extension of a current OMB approval.
    Affected Public: Business or other for-profit organizatons.
    Estimated Number of Responses: 75,150.
    Estimated Time per Response: 2 hours, 56 minutes.
    Estimated Total Annual Burden Hours: 220,575.
    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: April 20, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-09025 Filed 4-27-18; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 83, No. 83 / Monday, April 30, 2018 / Notices 18873

agency, including whether the incurred for their trades or businesses. DEPARTMENT OF THE TREASURY
information shall have practical utility; The information collected is used by the
(b) the accuracy of the agency’s estimate IRS to verify that the credit has been Internal Revenue Service
of the burden of the collection of correctly computed.
information; (c) ways to enhance the Proposed Collection; Comment
Current Actions: There are no changes Request for TD 8352 and TD 8531
quality, utility, and clarity of the
being made to the form at this time.
information to be collected; (d) ways to AGENCY: Internal Revenue Service (IRS),
minimize the burden of the collection of Type of Review: Extension of a current
Treasury.
information on respondents, including OMB approval.
ACTION: Notice and request for
through the use of automated collection Affected Public: Business or other for- comments.
techniques or other forms of information profit.
technology; and (e) estimates of capital SUMMARY: The Internal Revenue Service,
Estimated Number of Responses:
or start-up costs and costs of operation, as part of its continuing effort to reduce
maintenance, and purchase of services 15,345.
paperwork and respondent burden,
to provide information. Estimated Time per Response: 34 invites the general public and other
Approved: April 20, 2018. hours, 7 minutes. Federal agencies to take this
Laurie Brimmer, Estimated Total Annual Burden opportunity to comment on proposed
Senior Tax Analyst. Hours: 523,418. and/or continuing information
[FR Doc. 2018–09026 Filed 4–27–18; 8:45 am] The following paragraph applies to all collections, as required by the
BILLING CODE 4830–01–P of the collections of information covered Paperwork Reduction Act of 1995.
by this notice: Currently, the IRS is soliciting
comments concerning TD 8352 (temp &
An agency may not conduct or final) Final Regulations Under Sections
DEPARTMENT OF THE TREASURY
sponsor, and a person is not required to 382 and 383 of the Internal Revenue
Internal Revenue Service respond to, a collection of information Code of 1986; Pre-change Attributes; TD
unless the collection of information 8531—Final Regulations Under Section
Proposed Collection; Comment displays a valid OMB control number. 382.
Request for Form 3468 Books or records relating to a collection DATES: Written comments should be
of information must be retained as long received on or before June 29, 2018 to
AGENCY: Internal Revenue Service (IRS),
Treasury. as their contents may become material be assured of consideration.
in the administration of any internal ADDRESSES: Direct all written comments
ACTION: Notice and request for
revenue law. Generally, tax returns and to Laurie Brimmer, Internal Revenue
comments.
tax return information are confidential, Service, Room 6526, 1111 Constitution
SUMMARY: The Internal Revenue Service, as required by 26 U.S.C. 6103. Avenue NW, Washington, DC 20224.
as part of its continuing effort to reduce Request for Comments: Comments FOR FURTHER INFORMATION CONTACT:
paperwork and respondent burden, submitted in response to this notice will Requests for additional information or
invites the general public and other be summarized and/or included in the copies of the form and instructions
Federal agencies to take this request for OMB approval. All should be directed to LaNita Van Dyke
opportunity to comment on proposed comments will become a matter of at (202) 317–6009, Internal Revenue
and/or continuing information public record. Comments are invited on: Service, Room 6526, 1111 Constitution
collections, as required by the (a) Whether the collection of Avenue NW, Washington, DC 20224, or
Paperwork Reduction Act of 1995. through the internet at
information is necessary for the proper
Currently, the IRS is soliciting Lanita.VanDyke@irs.gov.
performance of the functions of the
comments concerning Form 3468,
Investment Credit. agency, including whether the SUPPLEMENTARY INFORMATION:
information shall have practical utility; Title: TD 8352 (temp & final) Final
DATES: Written comments should be
(b) the accuracy of the agency’s estimate Regulations Under Sections 382 and 383
received on or before June 29, 2018 to of the Internal Revenue Code of 1986;
of the burden of the collection of
be assured of consideration. Pre-change Attributes; TD 8531—Final
information; (c) ways to enhance the
ADDRESSES: Direct all written comments Regulations Under Section 382.
quality, utility, and clarity of the
to Laurie Brimmer, Internal Revenue OMB Number: 1545–1120.
information to be collected; (d) ways to
Service, Room 6526, 1111 Constitution Abstract: (TD 8352) These regulations
minimize the burden of the collection of
Avenue NW, Washington, DC 20224. require reporting by a corporation after
information on respondents, including
FOR FURTHER INFORMATION CONTACT: it undergoes an ‘‘ownership change’’
through the use of automated collection
Requests for additional information or under Code sections 382 and 383.
techniques or other forms of information
copies of the form and instructions Corporations required to report under
technology; and (e) estimates of capital
should be directed to LaNita Van Dyke these regulations include those with
or start-up costs and costs of operation,
at (202) 317–6009, Internal Revenue capital loss carryovers and excess
Service, Room 6526, 1111 Constitution maintenance, and purchase of services
credits. (TD 8531) These regulations
Avenue NW, Washington, DC 20224, or to provide information.
provide rules for the treatment of
through the internet at Approved: April 20, 2018. options under Code section 382 for
nshattuck on DSK9F9SC42PROD with NOTICES

Lanita.VanDyke@irs.gov. Laurie Brimmer, purposes of determining whether a
SUPPLEMENTARY INFORMATION: Senior Tax Analyst. corporation undergoes an ownership
Title: Investment Credit. [FR Doc. 2018–09024 Filed 4–27–18; 8:45 am] change. The regulation allows for
OMB Number: 1545–0155. certain elections for corporations whose
BILLING CODE 4830–01–P
Abstract: Form 3468 is used to stock is subject to options.
compute Taxpayers’ credit against their Current Actions: There is no change to
income tax for certain expenses these existing regulations.

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18874 Federal Register / Vol. 83, No. 83 / Monday, April 30, 2018 / Notices

Type of Review: Extension of a current SUMMARY: The Internal Revenue Service, retained as long as their contents may
OMB approval. as part of its continuing effort to reduce become material in the administration
Affected Public: Business or other for- paperwork and respondent burden, of any internal revenue law. Generally,
profit organizatons. invites the general public and other tax returns and tax return information
Estimated Number of Responses: Federal agencies to take this are confidential, as required by 26
75,150. opportunity to comment on proposed U.S.C. 6103.
Estimated Time per Response: 2 and/or continuing information Request for Comments: Comments
hours, 56 minutes. collections, as required by the submitted in response to this notice will
Estimated Total Annual Burden Paperwork Reduction Act of 1995. be summarized and/or included in the
Hours: 220,575. Currently, the IRS is soliciting request for OMB approval. All
The following paragraph applies to all comments concerning the assumptions comments will become a matter of
of the collections of information covered of partner liabilities. public record. Comments are invited on:
by this notice: DATES: Written comments should be (a) Whether the collection of
An agency may not conduct or received on or before June 29, 2018 to information is necessary for the proper
sponsor, and a person is not required to be assured of consideration. performance of the functions of the
respond to, a collection of information ADDRESSES: Direct all written comments agency, including whether the
unless the collection of information to Laurie Brimmer, Internal Revenue information shall have practical utility;
displays a valid OMB control number. Service, Room 6526, 1111 Constitution (b) the accuracy of the agency’s estimate
Books or records relating to a collection Avenue NW, Washington, DC 20224. of the burden of the collection of
of information must be retained as long FOR FURTHER INFORMATION CONTACT:
information; (c) ways to enhance the
as their contents may become material Requests for additional information or quality, utility, and clarity of the
in the administration of any internal copies of the regulation should be information to be collected; (d) ways to
revenue law. Generally, tax returns and directed to LaNita Van Dyke at (202) minimize the burden of the collection of
tax return information are confidential, 317–6009, or at Internal Revenue information on respondents, including
as required by 26 U.S.C. 6103. Service, Room 6526, 1111 Constitution through the use of automated collection
Avenue NW, Washington, DC 20224, or techniques or other forms of information
Request for Comments: Comments
through the internet at technology; and (e) estimates of capital
submitted in response to this notice will
Lanita.VanDyke@irs.gov. or start-up costs and costs of operation,
be summarized and/or included in the
maintenance, and purchase of services
request for OMB approval. All SUPPLEMENTARY INFORMATION:
to provide information.
comments will become a matter of Title: Assumptions of Partner
public record. Comments are invited on: Liabilities. Approved: April 20, 2018.
(a) Whether the collection of OMB Number: 1545–1843. Laurie Brimmer,
information is necessary for the proper Regulation Project Number: TD 9207 Senior Tax Anayst.
performance of the functions of the (Final & Temp), REG–106736–00 [FR Doc. 2018–09028 Filed 4–27–18; 8:45 am]
agency, including whether the (NPRM). BILLING CODE 4830–01–P
information shall have practical utility; Abstract: In order to be entitled to a
(b) the accuracy of the agency’s estimate deduction with respect to the economic
of the burden of the collection of performance of a contingent liability
information; (c) ways to enhance the that was contributed by a partner and DEPARTMENT OF VETERANS
quality, utility, and clarity of the assumed by a partnership, the partner, AFFAIRS
information to be collected; (d) ways to or former partner of the partnership,
minimize the burden of the collection of must receive notification of economic Meeting of the Advisory Committee on
information on respondents, including performance of the contingent liability Cemeteries and Memorials
through the use of automated collection from the partnership or other partner
techniques or other forms of information assuming the liability. The Department of Veterans Affairs
technology; and (e) estimates of capital Current Actions: There is no change to (VA) gives notice under the Federal
or start-up costs and costs of operation, this existing regulation. Advisory Committee Act that a meeting
maintenance, and purchase of services Type of Review: Extension of a of the Advisory Committee on
to provide information. currently approved collection. Cemeteries and Memorials will be held
Affected Public: Business or other for- on May 15–May 16, 2018. The meeting
Approved: April 20, 2018. sessions will take place at the Veterans
profit organizations, individuals or
Laurie Brimmer, of Foreign Wars Memorial Building, 200
households.
Senior Tax Analyst. Estimated Number of Respondents: Maryland Avenue NE, Washington, DC
[FR Doc. 2018–09025 Filed 4–27–18; 8:45 am] 250. 20002. Sessions are open to the public,
BILLING CODE 4830–01–P Estimated Time per Respondent: 30 except when the Committee is
minutes. conducting tours of VA facilities,
Estimated Total Annual Burden participating in off-site events,
DEPARTMENT OF THE TREASURY Hours: 125. participating in workgroup sessions,
The following paragraph applies to all and conducting official Administrative
Internal Revenue Service of the collections of information covered business.
by this notice: The purpose of the Committee is to
nshattuck on DSK9F9SC42PROD with NOTICES

Proposed Collection; Comment
An agency may not conduct or advise the Secretary of Veterans Affairs
Request for Regulation Project
sponsor, and a person is not required to on the administration of national
AGENCY: Internal Revenue Service (IRS), respond to, a collection of information cemeteries, soldiers’ lots and plots, the
Treasury. unless the collection of information selection of new national cemetery sites,
displays a valid OMB control number. the erection of appropriate memorials,
ACTION: Notice and request for
Books or records relating to a and the adequacy of Federal burial
comments.
collection of information must be benefits. The Committee will make

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Document Created: 2018-04-28 01:04:12
Document Modified: 2018-04-28 01:04:12

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 June 29, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions should be directed to LaNita Van Dyke at (202) 317-6009, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at [email protected]
FR Citation		83 FR 18873

83 FR 18873 - Proposed Collection; Comment Request for TD 8352 and TD 8531

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 83 (April 30, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service