Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple IRS Information Collection Requests
| Published date | 27 March 2019 |
| Citation | 84 FR 11631 |
| Record Number | 2019-05783 |
| Section | Notices |
| Court | Treasury Department |
Federal Register, Volume 84 Issue 59 (Wednesday, March 27, 2019)
[Federal Register Volume 84, Number 59 (Wednesday, March 27, 2019)]
[Notices]
[Pages 11631-11633]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-05783]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple IRS Information Collection Requests
AGENCY: Departmental Offices, U.S. Department of the Treasury.
ACTION: Notice.
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SUMMARY: The Department of the Treasury will submit the following
information collection requests to the Office of Management and Budget
(OMB) for review and clearance in accordance with the Paperwork
Reduction Act of 1995, on or after the date of publication of this
notice. The public is invited to submit comments on these requests.
DATES: Comments should be received on or before April 26, 2019 to be
assured of consideration.
ADDRESSES: Send comments regarding the burden estimate, or any other
aspect of the information collection, including suggestions for
reducing the burden, to (1) Office of Information and Regulatory
Affairs, Office of Management and Budget, Attention: Desk Officer for
Treasury, New Executive Office Building, Room 10235, Washington, DC
20503, or email at [email protected] and (2) Treasury PRA
Clearance Officer, 1750 Pennsylvania Ave NW, Suite 8142, Washington, DC
20220, or email at [email protected].
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Jennifer Quintana by emailing [email protected], calling
(202) 622-0489, or viewing the entire
[[Page 11632]]
information collection request at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Internal Revenue Service (IRS)
Title: TD 8517: Debt Instruments With Original Discount; Imputed
Interest on Deferred Payment Sales or Exchanges of Property; TD 9599:
Property Traded on an Established Market.
OMB Control Number: 1545-1353.
Type of Review: Extension without change of a currently approved
collection.
Description: This document contains regulations relating to the tax
treatment of debt instruments with original issue discount and the
imputation of interest on deferred payments under certain contracts for
the sale or exchange of property and determining when property is
traded on an established market for purposes of determining the issue
price of a debt instrument. The regulations provide needed guidance to
holders and issuers of debt instruments.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 645,000.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 645,000.
Estimated Time per Response: .3 hours per response.
Estimated Total Annual Burden Hours: 195,500.
Title: Form 8882--Credit for Employer-Provided Childcare Facilities
and Services.
OMB Control Number: 1545-1809.
Type of Review: Extension without change of a currently approved
collection.
Description: Qualified employers use Form 8882 to request a credit
for employer-provided childcare facilities and services. Section 45F
provides credit based on costs incurred by an employer in providing
childcare facilities and resource and referral services. The credit is
25% of the qualified childcare expenditures plus 10% of the qualified
childcare resource and referral expenditures for the tax year, up to a
maximum credit of $150,000 per tax year.
Form: 8882.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 286.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 286.
Estimated Time per Response: 3.68 hours per response.
Estimated Total Annual Burden Hours: 1,053.
Title: Notice 2006-24, (superseded by NOT 2007-52) Qualifying
Advanced Coal Project Program.
OMB Control Number: 1545-2003.
Type of Review: Extension without change of a currently approved
collection.
Description: Notice 2006-24 establishes the qualifying advanced
coal project program under Sec. 48A of the Internal Revenue Code. The
notice provides the time and manner for a taxpayer to apply for an
allocation of qualifying advanced coal project credits and, once the
taxpayer has received this allocation, the time and manner for the
taxpayer to file for a certification of its qualifying advanced coal
project. Notice 2007-52 clarifies, modifies, amplifies and supersedes
Notice 2006-24. Notice 2008-26 updates and amplifies IRS Notice 2007-
52.
Form: None.
Affected Public: Businesses or other for profits.
Estimated Number of Respondents: 45.
Frequency of Response: On occasion.
Estimated Total Number of Annual Responses: 45.
Estimated Time per Response: 110 hours per response.
Estimated Total Annual Burden Hours: 4,950.
Title: NOT-2009-31--Election and Notice Procedures for
Multiemployer Plans Under Sections 204 and 205 of WRERA.
OMB Control Number: 1545-2141.
Type of Review: Extension without change of a currently approved
collection.
Description: The guidance in this notice implements temporary,
elective relief under the Workers, Retirees, and Employers Relief Act
of 2008 (WRERA), which was enacted December 2008 for multi-employer
pension plans from certain funding requirements.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 1,600.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 1,600.
Estimated Time per Response: 1 hour per response.
Estimated Total Annual Burden Hours: 1,600.
Title: Form 13997, Validating Your TIN and Reasonable Cause.
OMB Control Number: 1545-2144.
Type of Review: Extension without change of a currently approved
collection.
Description: Under the provisions of Internal Revenue Code Section
(IRC Sec. ) 6039E, Information Concerning Resident Status, individuals
are required to provide certain information (see IRC Sec. 6039E(b))
with their application for a U.S. passport or with their application
for permanent U.S. residence. This form is an attachment to Letter 4318
to inform the individual about the IRC provisions, the penalty, and to
request them to complete this form and return it to the IRS.
Form: 13997.
Affected Public: Individuals or households.
Estimated Number of Respondents: 2,000.
Frequency of Response: Annually.
Estimated Total Number of Annual Responses: 2,000.
Estimated Time per Response: 1 hour per response.
Estimated Total Annual Burden Hours: 2,000.
Title: Form 13768--Electronic Tax Administration Advisory Committee
Membership Application.
OMB Control Number: 1545-2231.
Type of Review: Extension without change of a currently approved
collection.
Description: The Internal Revenue Service Restructuring and Reform
Act of 1998 (RRA 98) authorized the creation of the Electronic Tax
Administration Advisory Committee (ETAAC). ETAAC has a primary duty of
providing input to the Internal Revenue Service (IRS) on its strategic
plan for electronic tax administration. Accordingly, ETAAC's
responsibilities involve researching, analyzing and making
recommendations on a wide range of electronic tax administration
issues.
Form: 13768.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 500.
Frequency of Response: On Occasion.
Estimated Total Number of Annual Responses: 500.
Estimated Time per Response: 1.5 hours per response.
Estimated Total Annual Burden Hours: 750.
Title: Section 6708, Failure to Maintain List of Advisees with
Respect to Reportable Transactions.
OMB Control Number: 1545-2245.
Type of Review: Extension without change of a currently approved
collection.
Description: Section 6112 requires material advisors to maintain
lists of advisees and other information with respect to reportable
transactions and to
[[Page 11633]]
make that information available to the Secretary upon written request.
Section 6708 imposes a penalty on a person required to maintain a list
under section 6112 (a ``material advisor'') who fails to make the list
available to the IRS upon written request. Under section 6708(a)(1), if
a material advisor fails to comply with a written request for the
section 6112 list within 20 business days after the request is made,
the material advisor is subject to a penalty in the amount of $10,000
for each day of the failure after the 20th business day. The collection
of information in the final regulations is in section 301.6708-
1(c)(3)(ii). This information is required for the IRS to determine
whether good cause exists to grant a person affected by these
regulations an extension of the legislatively established 20-business-
day period to furnish a lawfully requested list to the IRS.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 25.
Frequency of Response: Annually and On Occasion.
Estimated Total Number of Annual Responses: 25.
Estimated Time per Response: 8 hours per response.
Estimated Total Annual Burden Hours: 200.
Authority: 44 U.S.C. 3501 et seq.
Dated: March 21, 2019.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2019-05783 Filed 3-26-19; 8:45 am]
BILLING CODE 4810-01-P
