Federal Register - January 27, 2021
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Source: Federal Register
7336
Federal Register / Vol. 86, No. 16 / Wednesday, January 27, 2021 / Notices FISCAL YEAR 2021 FORM 990 SERIES TAX COMPLIANCE COST ESTIMATES
Form 990
Projections of the Number of Returns to be Filed with IRS
Estimated Average Time per Response Hours
Estimated Average Out-of-Pocket Costs per Response
Estimated Average Monetized Burden Labor Costs per Response
Estimated Total Time Hours for all Filers
Estimated Total Out-of-Pocket Costs for all Filers
Estimated Total Monetized Burden
Form 990EZ
Form 990PF
Form 990T
Form 990N
321,100
253,200
120,200
165,500
742,000
85
45
47
40
2
$2,600
$500
$2,000
$1,500
$10
$8,000
$1,200
$3,900
$4,400
$30
27,220,000
11,450,000
5,600,000
6,570,000
1,630,000
$849,800,000
$2,559,000,000
$139,000,000
$312,700,000
$240,200,000
$467,800,000
$237,300,000
$719,800,000
$6,800,000
$24,900,000
Detail may not add to total due to rounding.
Authority: 44 U.S.C. 3501 et seq.
FR Doc. 202101732 Filed 12621; 8:45 am BILLING CODE 483001P
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Treasury Foreign Currency Forms Departmental Offices, U.S.
Department of the Treasury.
ACTION: Notice.
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 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 this request.
DATES: Comments must be received on or before February 26, 2021.
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SUMMARY:
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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:
Title: Treasury Foreign Currency Forms FC1, FC2, & FC3.
OMB Control Number: 15050010.
Type of Review: Extension without change of a currently approved collection.
Description: The filing of Foreign Currency Forms FC1, FC2, and FC3
is pursuant to 31 U.S.C. 5315, which directs the Secretary of the Treasury to prescribe regulations 31 CFR 128, Subpart C, requiring reports on foreign currency transactions conducted by a United States person or a foreign person ADDRESSES:
Dated: January 21, 2021.
Molly Stasko, Treasury PRA Clearance Officer.
PO 00000
Frm 00094
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controlled by a United States person.
The forms collect data on the foreign exchange spot, forward, futures, and options markets from all significant market participants.
Form: Treasury Form FC1, FC2, FC3.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 29
for FC1; 29 for FC2; 47 for FC3.
Frequency of Response: Weekly for FC1; Monthly for FC2; and Quarterly for FC3.
Estimated Total Number of Annual Responses: 1508 for FC1; 348 for FC
2; 188 for FC3.
Estimated Time per Response: 48
minutes for FC1; 3 hours 36 minutes for FC2; 8 hours for FC3.
Estimated Total Annual Burden Hours: 1,206 hours for FC1; 1,253
hours for FC2; 1,504 hours for FC3.
Authority: 44 U.S.C. 3501 et seq.
Dated: January 21, 2021.
Molly Stasko, Treasury PRA Clearance Officer.
FR Doc. 202101723 Filed 12621; 8:45 am BILLING CODE 481025P
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