Federal Register - February 17, 2021
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Source: Federal Register
jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices 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: Businesses and other for-profit organizations, Individuals or Households, and Not-for-Profit Organizations.
Estimated Number of Respondents:
1,000.
Estimated Time per Respondent: 18
hour 42 minutes.
Estimated Total Annual Burden Hours: 18,700.
Title: Special Rules to Reduce Section 1446 Withholding.
OMB Number: 15451934.
Form Number: TD 9394.
Abstract: This document contains final regulations regarding when a partnership may consider certain deductions and losses of a foreign partner to reduce or eliminate the partnerships obligation to pay withholding tax under section 1446 on effectively connected taxable income allocable under section 704 to such partner.
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: Businesses and other for-profit organizations, Individuals or Households, and Not-for-Profit Organizations.
Estimated Number of Respondents: 1.
Estimated Time per Respondent: 1
Hour.
Estimated Total Annual Burden Hours: 1.
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. All comments will become a matter of public record. Comments are invited on:
a Whether the collection of
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information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility;
b the accuracy of the agencys 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 through 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: February 2, 2021.
Sara L. Covington, IRS Tax Analyst.
FR Doc. 202103135 Filed 21621; 8:45 am BILLING CODE 483001P
DEPARTMENT OF THE TREASURY
Internal Revenue Service Proposed Information Collection;
Comment Request for Regulation Project Internal Revenue Service IRS, Treasury.
ACTION: Notice and request for comments.
AGENCY:
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 continuing information collections, as required by the Paperwork Reduction Act of 1995.
IRS is soliciting comments concerning Payout Requirements for Type III
Supporting Organizations that are not Functionally Integrated.
DATES: Written comments should be received on or before April 19, 2021 to be assured of consideration.
ADDRESSES: Direct all written comments to Kinna Brewington, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224.
Requests for additional information, or copies of the information collection and instructions, or copies of any comments received, contact Sara Covington, at 737 8006149, at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet, at Sara.L.Covington@irs.gov.
SUPPLEMENTARY INFORMATION: The IRS is seeking comments concerning the following forms, and reporting and record-keeping requirements:
SUMMARY:
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Title: Payout Requirements for Type III Supporting Organizations that are not Functionally Integrated.
OMB Number: 15452157.
Form Number: TD 9605 REG
15592906.
Abstract: This document contains final regulations regarding the requirements to qualify as a Type III
supporting organization that is operated in connection with one or more supported organizations. The regulations reflect changes to the law made by the Pension Protection Act of 2006. The regulations will affect Type III supporting organizations and their supported organizations.
Current Actions: There is no change in the paperwork burden previously approved by OMB. This collection is being submitted for renewal purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Not-for-profit institutions, State, Local or Tribal Governments.
Estimated Number of Respondents:
11,994.
Estimated Time per Respondent: 2
hours.
Estimated Total Annual Burden Hours: 23,988.
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. All comments will become a matter of public record.
Please do not include any confidential or inappropriate material in your comments.
Comments are invited on: a Whether the collection of information is necessary for the proper performance of the agencys functions, including whether the information has practical utility; b the accuracy of the agencys 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
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