83 FR 20141 - Proposed Collection; Comment Request for Form 8693

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 88 (May 7, 2018)

Page Range		20141-20142
FR Document		2018-09598

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 Low-Income Housing Credit Disposition Bond.

Federal Register, Volume 83 Issue 88 (Monday, May 7, 2018)

[Federal Register Volume 83, Number 88 (Monday, May 7, 2018)]
[Notices]
[Pages 20141-20142]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-09598]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8693

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 Low-Income Housing 
Credit Disposition Bond.

DATES: Written comments should be received on or before July 6, 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 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: Low-Income Housing Credit Disposition Bond.
    OMB Number: 1545-1029.

[[Page 20142]]

    Form Number: 8693.
    Abstract: Form 8693 is needed per IRC section 42(j)(6) to post bond 
or establish a Treasury Direct Account and waive the recapture 
requirements under section 42(j) for certain disposition of a building 
on which the low-income housing credit was claimed. Internal Revenue 
regulations section 301.7101-1 requires that the posting of a bond must 
be done on the appropriate form as determined by the Internal Revenue 
Service.
    Current Actions: There are no changes being made to Form 8693 at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations and 
individuals.
    Estimated Number of Respondents: 667.
    Estimated Time Per Respondent: 5 hrs., 23 mins.
    Estimated Total Annual Burden Hours: 3,589.
    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. 
Comments will be 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 has 
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 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 26, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-09598 Filed 5-4-18; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 83, No. 88 / Monday, May 7, 2018 / Notices 20141

data collected to establish a DATES: Written comments should be (a) Whether the collection of
comprehensive source of the safety received on or before July 6, 2018 to be information is necessary for the proper
related data for statistical purposes. assured of consideration. performance of the functions of the
With input from subject matter experts, ADDRESSES: Direct all written comments agency, including whether the
BTS will process and analyze to Laurie Brimmer, Internal Revenue information shall have practical utility;
information on Safety Data and Service, Room 6526, 1111 Constitution (b) the accuracy of the agency’s estimate
associated metadata, and publish the Avenue NW, Washington, DC 20224. of the burden of the collection of
results of such analyses in public FOR FURTHER INFORMATION CONTACT: information; (c) ways to enhance the
reports. These reports will provide the Requests for additional information or quality, utility, and clarity of the
industry, all OCS stakeholders and copies of the form and instructions information to be collected; (d) ways to
BSEE with essential information about should be directed to Sandra Lowery at minimize the burden of the collection of
critical safety issues for offshore Internal Revenue Service, Room 6526, information on respondents, including
operations and production. 1111 Constitution Avenue NW, through the use of automated collection
The BTS Director or Deputy Director Washington, DC 20224, or at (202) 317– techniques or other forms of information
will review all analyses and reports, and 5754 or through the internet, at technology; and (e) estimates of capital
issue approval for publication. While Sandra.J.Lowery@irs.gov. or start-up costs and costs of operation,
BTS’s direct involvement will end after maintenance, and purchase of services
SUPPLEMENTARY INFORMATION:
the aggregated trends report is to provide information.
Title: Contributions of Motor
published, the ISD program may form a Vehicles, Boats, and Airplanes. Approved: April 23, 2018.
committee to address the analytical OMB Number: 1545–1959. Laurie Brimmer,
findings. Form Number: Form 1098–C. Senior Tax Analyst.
III. Request for Public Comment Abstract: Section 884 of the American [FR Doc. 2018–09596 Filed 5–4–18; 8:45 am]
Jobs Creation Act of 2004 (Pub. L. 108– BILLING CODE 4830–01–P
BTS requests comments on any 357) added new paragraph 12 to section
aspects of this information collection 170(f) for contributions of used motor
request, including: (1) Ways to enhance vehicles, boats, and airplanes. Section DEPARTMENT OF THE TREASURY
the quality, usefulness, and clarity of 170(f)(12) requires that a donee
the collected information; and (2) ways organization provide an Internal Revenue Service
to minimize the collection burden acknowledgement to the donor of this
without reducing the quality of the type of property and is required to file Proposed Collection; Comment
information collected, including the same information to the Internal Request for Form 8693
additional use of automated collection Revenue Service. 1098–C may be used AGENCY: Internal Revenue Service (IRS),
techniques or other forms of information as the acknowledgement and it, or an Treasury.
technology. acceptable substitute, must be filed with
ACTION: Notice and request for
Patricia Hu, the IRS.
comments.
Current Actions: There are no changes
Director, Bureau of Transportation Statistics,
Office of the Assistant Secretary for Research being made to the form at this time. SUMMARY: The Internal Revenue Service
and Technology, U.S. Department of Type of Review: Extension of a (IRS), as part of its continuing effort to
Transportation. currently approved collection. reduce paperwork and respondent
[FR Doc. 2018–09613 Filed 5–4–18; 8:45 am] Affected Public: Not for-profit burden, invites the general public and
BILLING CODE 4910–9X–P
organizations. other Federal agencies to take this
Estimated Number of Respondents: opportunity to comment on information
151,000. collections, as required by the
Estimated Time per Respondent: 18 Paperwork Reduction Act of 1995. The
DEPARTMENT OF THE TREASURY minutes. IRS is soliciting comments concerning
Estimated Total Annual Burden Low-Income Housing Credit Disposition
Internal Revenue Service Hours: 46,810.00. Bond.
The following paragraph applies to all
DATES: Written comments should be
Proposed Collection; Comment of the collections of information covered
received on or before July 6, 2018 to be
Request for Form 1098–C by this notice:
assured of consideration.
An agency may not conduct or
AGENCY: Internal Revenue Service (IRS), sponsor, and a person is not required to ADDRESSES: Direct all written comments
Treasury. respond to, a collection of information to Laurie Brimmer, Internal Revenue
Notice and request for
ACTION: unless the collection of information Service, Room 6526, 1111 Constitution
comments. displays a valid OMB control number. Avenue NW, Washington, DC 20224.
Books or records relating to a collection FOR FURTHER INFORMATION CONTACT:
SUMMARY: The Internal Revenue Service, of information must be retained as long Requests for additional information or
as part of its continuing effort to reduce as their contents may become material copies of the form and instructions
paperwork and respondent burden, in the administration of any internal should be directed to Martha R. Brinson,
invites the general public and other revenue law. Generally, tax returns and at (202) 317–5753, or at Internal
Federal agencies to take this tax return information are confidential, Revenue Service, Room 6526, 1111
daltland on DSKBBV9HB2PROD with NOTICES

opportunity to comment on proposed as required by 26 U.S.C. 6103. Constitution Avenue NW, Washington,
and/or continuing information Request for Comments: Comments DC 20224, or through the internet at
collections, as required by the submitted in response to this notice will Martha.R.Brinson@irs.gov.
Paperwork Reduction Act of 1995. The be summarized and/or included in the SUPPLEMENTARY INFORMATION:
IRS is soliciting comments concerning request for OMB approval. All Title: Low-Income Housing Credit
Form 1098–C, Contributions of Motor comments will become a matter of Disposition Bond.
Vehicles, Boats, and Airplanes. public record. Comments are invited on: OMB Number: 1545–1029.

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20142 Federal Register / Vol. 83, No. 88 / Monday, May 7, 2018 / Notices

Form Number: 8693. DEPARTMENT OF THE TREASURY An agency may not conduct or
Abstract: Form 8693 is needed per sponsor, and a person is not required to
IRC section 42(j)(6) to post bond or Internal Revenue Service respond to, a collection of information
establish a Treasury Direct Account and unless the collection of information
waive the recapture requirements under Proposed Collection; Comment displays a valid OMB control number.
section 42(j) for certain disposition of a Request for Regulation Project Books or records relating to a collection
building on which the low-income AGENCY: Internal Revenue Service (IRS), of information must be retained as long
housing credit was claimed. Internal Treasury. as their contents may become material
Revenue regulations section 301.7101–1 in the administration of any internal
ACTION: Notice and request for
requires that the posting of a bond must revenue law. Generally, tax returns and
comments.
be done on the appropriate form as tax return information are confidential,
determined by the Internal Revenue SUMMARY: The Internal Revenue Service, as required by 26 U.S.C. 6103.
Service. as part of its continuing effort to reduce Request for Comments: Comments
Current Actions: There are no changes paperwork and respondent burden, submitted in response to this notice will
being made to Form 8693 at this time. invites the general public and other be summarized and/or included in the
Type of Review: Extension of a Federal agencies to take this request for OMB approval. All
currently approved collection. opportunity to comment on proposed comments will become a matter of
Affected Public: Business or other for- and/or continuing information public record. Comments are invited on:
profit organizations and individuals. collections, as required by the (a) Whether the collection of
Estimated Number of Respondents: Paperwork Reduction Act of 1995. The information is necessary for the proper
667. IRS is soliciting comments concerning performance of the functions of the
Estimated Time Per Respondent: 5 Special Valuation Rules. agency, including whether the
hrs., 23 mins. information shall have practical utility;
DATES: Written comments should be
Estimated Total Annual Burden (b) the accuracy of the agency’s estimate
Hours: 3,589. received on or before July 6, 2018 to be
assured of consideration. of the burden of the collection of
The following paragraph applies to all information; (c) ways to enhance the
of the collections of information covered ADDRESSES: Direct all written comments
quality, utility, and clarity of the
by this notice: to Laurie Brimmer, Internal Revenue information to be collected; (d) ways to
An agency may not conduct or Service, Room 6526, 1111 Constitution minimize the burden of the collection of
sponsor, and a person is not required to Avenue NW, Washington, DC 20224. information on respondents, including
respond to, a collection of information FOR FURTHER INFORMATION CONTACT: through the use of automated collection
unless the collection of information Requests for additional information or techniques or other forms of information
displays a valid OMB control number. copies of the form and instructions technology; and (e) estimates of capital
Books or records relating to a collection should be directed to Sandra Lowery at or start-up costs and costs of operation,
of information must be retained as long Internal Revenue Service, Room 6526, maintenance, and purchase of services
as their contents may become material 1111 Constitution Avenue NW, to provide information.
in the administration of any internal Washington, DC 20224, or at (202) 317–
Approved: April 23, 2018.
revenue law. Generally, tax returns and 5754 or through the internet, at
tax return information are confidential, Sandra.J.Lowery@irs.gov. Laurie Brimmer,
as required by 26 U.S.C. 6103. Senior Tax Analyst.
SUPPLEMENTARY INFORMATION:
Request for Comments: Comments Title: Special Valuation Rules. [FR Doc. 2018–09595 Filed 5–4–18; 8:45 am]
submitted in response to this notice will OMB Number: 1545–1241. BILLING CODE 4830–01–P
be summarized and/or included in the Regulation Project Number: PS–92–90
request for OMB approval. Comments [TD 8395].
will be of public record. Comments are Abstract: Section 2701 of the Internal DEPARTMENT OF THE TREASURY
invited on: (a) Whether the collection of Revenue Code allows various elections
Internal Revenue Service
information is necessary for the proper by family members who make gifts of
performance of the functions of the common stock or partnership interests Proposed Collection; Comment
agency, including whether the and retain senior interests in the same Request for Regulation Project
information has practical utility; (b) the entity. This regulation provides
accuracy of the agency’s estimate of the guidance on how taxpayers make these AGENCY: Internal Revenue Service (IRS),
burden of the collection of information; elections, what information is required, Treasury.
(c) ways to enhance the quality, utility, and how the transfer is to be disclosed ACTION: Notice and request for
and clarity of the information to be on the gift tax return (Form 709). comments.
collected; (d) ways to minimize the Current Actions: There are no changes
burden of the collection of information being made to the form at this time. SUMMARY: The Internal Revenue Service
on respondents, including the use of Type of Review: Extension of a (IRS), as part of its continuing effort to
automated collection techniques or currently approved collection. reduce paperwork and respondent
other forms of information technology; Affected Public: Individuals or burden, invites the general public and
and (e) estimates of capital or start-up households. other Federal agencies to take this
costs and costs of operation, Estimated Number of Respondents: opportunity to comment on information
maintenance, and purchase of services 1,200. collections, as required by the
daltland on DSKBBV9HB2PROD with NOTICES

to provide information. Estimated Time Per Respondent: 25 Paperwork Reduction Act of 1995. The
minutes. IRS is soliciting comments concerning
Approved: April 26, 2018. Guidance on Passive Foreign Investment
Estimated Total Annual Burden
Laurie Brimmer, Hours: 496. Company (PFIC) Purging Elections.
Senior Tax Analyst. The following paragraph applies to all DATES: Written comments should be
[FR Doc. 2018–09598 Filed 5–4–18; 8:45 am] of the collections of information covered received on or before July 6, 2018 to be
BILLING CODE 4830–01–P by this notice: assured of consideration.

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Document Created: 2018-05-05 02:48:32
Document Modified: 2018-05-05 02:48:32

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 July 6, 2018 to be assured of consideration.
Contact		Requests for additional information or copies of the form and instructions 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		83 FR 20141

83 FR 20141 - Proposed Collection; Comment Request for Form 8693

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 83, Issue 88 (May 7, 2018)

DEPARTMENT OF THE TREASURY
Internal Revenue Service