83_FR_5320 83 FR 5295 - Proposed Information Collection; Comment Request for Regulation Project

83 FR 5295 - Proposed Information Collection; Comment Request for Regulation Project

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 83, Issue 25 (February 6, 2018)

Page Range5295-5295
FR Document2018-02318

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. The IRS is soliciting comments concerning the Notice of Income from Donated Intellectual Property.

Federal Register, Volume 83 Issue 25 (Tuesday, February 6, 2018)
[Federal Register Volume 83, Number 25 (Tuesday, February 6, 2018)]
[Notices]
[Page 5295]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-02318]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Information Collection; Comment Request for Regulation 
Project

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. The IRS is soliciting comments 
concerning the Notice of Income from Donated Intellectual Property.

DATES: Written comments should be received on or before April 9, 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. You must reference the information collection's title, form 
number, reporting or record-keeping requirement number, and OMB number 
(if any) in your comment.

FOR FURTHER INFORMATION CONTACT: Requests for additional information, 
or copies of the information collection and instructions, or copies of 
any comments received, should be directed to LaNita Van Dyke, at 
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, 
Washington, DC 20224, or (202) 317-6009 or, through the internet, at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Notice of Income Donated Intellectual Property.
    OMB Number: 1545-1962.
    Form Number: Form 8899.
    Abstract: Form 8899 is filed by charitable org. receiving donations 
of intellectual property if the donor provides timely notice. The 
initial deduction is limited to the donor's basis; additional 
deductions are allowed to the extent of income from the property, 
reducing excessive deductions.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. This form is being submitted for renewal 
purposes only.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit, and not-for-profit 
institutions.
    Estimated Number of Respondents: 1,000.
    Estimated Time per Respondent: 5 hrs. 26 min.
    Estimated Total Annual Burden Hours: 5,430.
    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 our request for Office of 
Management and Budget (OMB) approval of the relevant information 
collection. All comments will become a matter of public record. Please 
do not include any confidential or inappropriate material in your 
comments.
    We invite comments on: (a) Whether the collection of information is 
necessary for the proper performance of the agency's functions, 
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 the 
requested information.

    Approved: January 23, 2018.
Laurie Brimmer,
Senior Tax Analyst.
[FR Doc. 2018-02318 Filed 2-5-18; 8:45 am]
 BILLING CODE 4830-01-P



                                                                            Federal Register / Vol. 83, No. 25 / Tuesday, February 6, 2018 / Notices                                             5295

                                                 Dated: January 31, 2018.                              property, reducing excessive                          DEPARTMENT OF VETERANS
                                               Karen Solomon,                                          deductions.                                           AFFAIRS
                                               Acting Senior Deputy Comptroller and Chief                Current Actions: There is no change                 [OMB Control No. 2900–0682]
                                               Counsel, Office of the Comptroller of the               in the paperwork burden previously
                                               Currency.
                                                                                                       approved by OMB. This form is being                   Agency Information Collection
                                               [FR Doc. 2018–02305 Filed 2–5–18; 8:45 am]              submitted for renewal purposes only.                  Activity: Advertising, Sales, and
                                               BILLING CODE 4810–33–P                                                                                        Enrollment Materials, and Candidate
                                                                                                         Type of Review: Extension of a
                                                                                                       currently approved collection.                        Handbook
                                               DEPARTMENT OF THE TREASURY                                Affected Public: Business or other for-             AGENCY:  Veterans Benefits
                                                                                                       profit, and not-for-profit institutions.              Administration, Department of Veterans
                                               Internal Revenue Service                                                                                      Affairs.
                                                                                                         Estimated Number of Respondents:
                                                                                                       1,000.                                                ACTION: Notice.
                                               Proposed Information Collection;
                                               Comment Request for Regulation                            Estimated Time per Respondent: 5                    SUMMARY:    Veterans Benefits
                                               Project                                                 hrs. 26 min.                                          Administration, Department of Veterans
                                                                                                         Estimated Total Annual Burden                       Affairs (VA), is announcing an
                                               AGENCY: Internal Revenue Service (IRS),
                                                                                                       Hours: 5,430.                                         opportunity for public comment on the
                                               Treasury.
                                                                                                                                                             proposed collection of certain
                                               ACTION: Notice and request for                            The following paragraph applies to all              information by the agency. Under the
                                               comments.                                               of the collections of information covered             Paperwork Reduction Act (PRA) of
                                                                                                       by this notice:                                       1995, Federal agencies are required to
                                               SUMMARY:    The Internal Revenue Service,                 An agency may not conduct or                        publish notice in the Federal Register
                                               as part of its continuing effort to reduce              sponsor, and a person is not required to              concerning each proposed collection of
                                               paperwork and respondent burden,                        respond to, a collection of information               information, including each proposed
                                               invites the general public and other                    unless the collection of information                  extension of a currently approved
                                               Federal agencies to take this                           displays a valid OMB control number.                  collection, and allow 60 days for public
                                               opportunity to comment on proposed                      Books or records relating to a collection             comment in response to the notice.
                                               and/or continuing information                           of information must be retained as long               DATES: Written comments and
                                               collections, as required by the                         as their contents may become material
                                               Paperwork Reduction Act of 1995. The                                                                          recommendations on the proposed
                                                                                                       in the administration of any internal                 collection of information should be
                                               IRS is soliciting comments concerning                   revenue law. Generally, tax returns and
                                               the Notice of Income from Donated                                                                             received on or before April 9, 2018.
                                                                                                       tax return information are confidential,              ADDRESSES: Submit written comments
                                               Intellectual Property.                                  as required by 26 U.S.C. 6103.                        on the collection of information through
                                               DATES: Written comments should be
                                                                                                         Request for Comments: Comments                      Federal Docket Management System
                                               received on or before April 9, 2018 to
                                                                                                       submitted in response to this notice will             (FDMS) at www.Regulations.gov or to
                                               be assured of consideration.
                                                                                                       be summarized and/or included in our                  Nancy J. Kessinger, Veterans Benefits
                                               ADDRESSES: Direct all written comments                  request for Office of Management and                  Administration (20M33), Department of
                                               to Laurie Brimmer, Internal Revenue                     Budget (OMB) approval of the relevant                 Veterans Affairs, 810 Vermont Avenue
                                               Service, Room 6526, 1111 Constitution                   information collection. All comments                  NW, Washington, DC 20420 or email to
                                               Avenue NW, Washington, DC 20224.                        will become a matter of public record.                nancy.kessinger@va.gov . Please refer to
                                               You must reference the information                      Please do not include any confidential                ‘‘OMB Control No. 2900–0682’’ in any
                                               collection’s title, form number,                        or inappropriate material in your                     correspondence. During the comment
                                               reporting or record-keeping requirement                 comments.                                             period, comments may be viewed online
                                               number, and OMB number (if any) in                                                                            through the FDMS.
                                               your comment.                                             We invite comments on: (a) Whether
                                                                                                       the collection of information is                      FOR FURTHER INFORMATION CONTACT:
                                               FOR FURTHER INFORMATION CONTACT:                        necessary for the proper performance of               Cynthia Harvey-Pryor at (202) 461–
                                               Requests for additional information, or                 the agency’s functions, including                     5870.
                                               copies of the information collection and                whether the information has practical                 SUPPLEMENTARY INFORMATION: Under the
                                               instructions, or copies of any comments                 utility; (b) the accuracy of the agency’s             PRA of 1995, Federal agencies must
                                               received, should be directed to LaNita                  estimate of the burden of the collection              obtain approval from the Office of
                                               Van Dyke, at Internal Revenue Service,                  of information; (c) ways to enhance the               Management and Budget (OMB) for each
                                               Room 6526, 1111 Constitution Avenue                     quality, utility, and clarity of the                  collection of information they conduct
                                               NW, Washington, DC 20224, or (202)                      information to be collected; (d) ways to              or sponsor. This request for comment is
                                               317–6009 or, through the internet, at                   minimize the burden of the collection of              being made pursuant to Section
                                               LanitaVanDyke@irs.gov.                                  information on respondents, including                 3506(c)(2)(A) of the PRA.
                                               SUPPLEMENTARY INFORMATION:                              the use of automated collection                          With respect to the following
                                                 Title: Notice of Income Donated                       techniques or other forms of information              collection of information, VBA invites
                                               Intellectual Property.                                  technology; and (e) estimates of capital              comments on:
                                                 OMB Number: 1545–1962.                                or start-up costs and costs of operation,                (1) Whether the proposed collection
                                                 Form Number: Form 8899.                               maintenance, and purchase of services                 of information is necessary for the
daltland on DSKBBV9HB2PROD with NOTICES




                                                 Abstract: Form 8899 is filed by                       to provide the requested information.                 proper performance of VBA’s functions,
                                               charitable org. receiving donations of                    Approved: January 23, 2018.                         including whether the information will
                                               intellectual property if the donor                                                                            have practical utility; (2) the accuracy of
                                                                                                       Laurie Brimmer,
                                               provides timely notice. The initial                                                                           VBA’s estimate of the burden of the
                                               deduction is limited to the donor’s                     Senior Tax Analyst.                                   proposed collection of information; (3)
                                               basis; additional deductions are allowed                [FR Doc. 2018–02318 Filed 2–5–18; 8:45 am]            ways to enhance the quality, utility, and
                                               to the extent of income from the                        BILLING CODE 4830–01–P                                clarity of the information to be


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Document Created: 2018-02-06 00:30:24
Document Modified: 2018-02-06 00:30:24
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comments.
DatesWritten comments should be received on or before April 9, 2018 to be assured of consideration.
ContactRequests for additional information, or copies of the information collection and instructions, or copies of any comments received, should be directed to LaNita Van Dyke, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or (202) 317-6009 or, through the internet, at [email protected]
FR Citation83 FR 5295 

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