83 FR 18874 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

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

Page Range		18874-18874
FR Document		2018-09028

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 the assumptions of partner liabilities.

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

[Federal Register Volume 83, Number 83 (Monday, April 30, 2018)]
[Notices]
[Page 18874]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-09028]


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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 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995. Currently, the IRS is soliciting 
comments concerning the assumptions of partner liabilities.

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 regulation should be directed to LaNita Van Dyke at (202) 
317-6009, or at Internal Revenue Service, Room 6526, 1111 Constitution 
Avenue NW, Washington, DC 20224, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Assumptions of Partner Liabilities.
    OMB Number: 1545-1843.
    Regulation Project Number: TD 9207 (Final & Temp), REG-106736-00 
(NPRM).
    Abstract: In order to be entitled to a deduction with respect to 
the economic performance of a contingent liability that was contributed 
by a partner and assumed by a partnership, the partner, or former 
partner of the partnership, must receive notification of economic 
performance of the contingent liability from the partnership or other 
partner assuming the liability.
    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.
    Estimated Number of Respondents: 250.
    Estimated Time per Respondent: 30 minutes.
    Estimated Total Annual Burden Hours: 125.
    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 Anayst.
[FR Doc. 2018-09028 Filed 4-27-18; 8:45 am]
 BILLING CODE 4830-01-P

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 01:04:36
Document Modified: 2018-04-28 01:04:36

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 regulation should be directed to LaNita Van Dyke at (202) 317-6009, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at [email protected]
FR Citation		83 FR 18874

83 FR 18874 - Proposed Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURYInternal Revenue Service

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

DEPARTMENT OF THE TREASURY
Internal Revenue Service