Quiero saber acerca de...

43312

Federal Register / Vol. 86, No. 149 / Friday, August 6, 2021 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service Open Meeting of the Taxpayer Advocacy Panels Special Projects Committee Internal Revenue Service IRS, Treasury.
ACTION: Notice of meeting.
AGENCY:

An open meeting of the Taxpayer Advocacy Panels Special Projects Committee will be conducted.
The Taxpayer Advocacy Panel is soliciting public comments, ideas, and suggestions on improving customer service at the Internal Revenue Service.
DATES: The meeting will be held Thursday, September 9, 2021.
FOR FURTHER INFORMATION CONTACT:
Antoinette Ross at 18889121227 or 2023174110.
SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to Section 10a2 of the Federal Advisory Committee Act, 5 U.S.C. App. 1988
that an open meeting of the Taxpayer Advocacy Panels Special Projects Committee will be held Thursday, September 9, 2021, at 11:00 a.m. Eastern Time. The public is invited to make oral comments or submit written statements for consideration. Due to limited time and structure of meeting, notification of intent to participate must be made with Antoinette Ross. For more information please contact Antoinette Ross at 18889121227 or 2023174110, or write TAP Office, 1111 Constitution Ave. NW, Room 1509, Washington, DC
20224 or contact us at the website:
http www.improveirs.org. The agenda will include various IRS issues.
SUMMARY:

Dated: August 2, 2021.
Kevin Brown, Acting Director, Taxpayer Advocacy Panel.
FR Doc. 202116779 Filed 8521; 8:45 am BILLING CODE 483001P

DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Financial Crimes Enforcement Network Information Collection Requests Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.

jbell on DSKJLSW7X2PROD with NOTICES

AGENCY:

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
SUMMARY:

VerDate Sep<11>2014

19:29 Aug 05, 2021

Jkt 253001

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 September 7, 2021 to be assured of consideration.
ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/
PRAMain. Find this particular information collection by selecting Currently under 30-day ReviewOpen for Public Comments or by using the search function.
FOR FURTHER INFORMATION CONTACT:
Copies of the submissions may be obtained from Molly Stasko by emailing PRA@treasury.gov, calling 202 622
8922, or viewing the entire information collection request at www.reginfo.gov.
SUPPLEMENTARY INFORMATION:
Financial Crimes Enforcement Network FinCEN
1. Title: Transactions of Exempt Person and FinCEN Report 110DOEP
Report.
OMB Control Number: 15060012.
Type of Review: Extension without change of a currently approved collection.
Description: The legislative framework generally referred to as the Bank Secrecy Act BSA consists of the Currency and Financial Transactions Reporting Act of 1970, as amended by the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 USA PATRIOT
Act Pub. L. 10756 and other legislation. The BSA is codified at 12
U.S.C. 1829b, 12 U.S.C. 19511959, 31
U.S.C. 53115314 and 53165332, and notes thereto, with implementing regulations at 31 CFR Chapter X.
The BSA authorizes the Secretary of the Treasury, inter alia, to require financial institutions to keep records and file reports that are determined to have a high degree of usefulness in criminal, tax, and regulatory matters, or in the conduct of intelligence or counter-intelligence activities, to protect against international terrorism, and to implement anti-money laundering AML programs and compliance procedures. Regulations implementing Title II of the BSA appear at 31 CFR
Chapter X.
The requirement for financial institutions to report certain transactions in currency has been an important component of the BSA from
PO 00000

Frm 00154

Fmt 4703

Sfmt 4703

its inception. Regulations implementing this requirement have long established a one-person, one-day, one-institution aggregate currency transaction threshold of $10,000, above which every financial institution must file a Currency Transaction Report CTR. The Money Laundering Suppression Act of 1994
amended the BSA to create certain mandatory exemptions applicable to banks from the requirement for financial institutions to file CTRs, and to give the Secretary authority to create additional such exemptions. Regulations implementing this exemption authority, including by requiring the collection of information on the DOEP Report, are found at 31 CFR 1020.315.
Under 31 CFR 1020.315a, a bank is not required to file a CTR with respect to any transaction in currency between exempt persons and the bank, or between an exempt person and other banks that are affiliated with the bank.
31 CFR 1020.315b sets out that an exempt person is: 1 A bank, to the extent of such banks domestic operations; 2 a department or agency of the United States, of any State, or of any political subdivision of any State;
3 any entity established under the laws of the United States, any State, or any political subdivision of any State, or under an interstate compact, that exercises governmental authority on behalf of the United States, any such State, or any such political subdivision;
4 any entity, other than a bank, whose common stock or analogous equity interests are listed on the New York Stock Exchange, the American Exchange, or the NASDAQ Stock Market a listed entity, provided that, if the listed entity is a financial institution other than a bank, it is an exempt person only to the extent of its domestic operations; 5 any subsidiary, other than a bank, of a listed entity mentioned in the previous item 4 that is organized under the laws of the United States or of any State, provided that the listed entity owns at least 51 percent of the equity interest of the subsidiary, and subject to the qualification that if the subsidiary is a financial institution other than a bank, it is an exempt person only to the extent of its domestic operations; 6 any other commercial enterprise, with certain exceptions, that maintains a transaction account at the bank for at least two months, frequently engages in transactions with the bank in currency in excess of $10,000, and is incorporated or organized under the laws of, or is registered as and eligible to do business within, the United States or a State a non-listed business, but only to the extent of the non-listed business customers domestic
E:FRFM06AUN1.SGM

06AUN1