Proposed Collection; Comment Request for Regulation Project
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Abstract
The Internal Revenue Service (IRS), 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 information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning third-party disclosure requirements in IRS regulations.
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<title>Federal Register, Volume 86 Issue 210 (Wednesday, November 3, 2021)</title>
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[Federal Register Volume 86, Number 210 (Wednesday, November 3, 2021)]
[Notices]
[Page 60740]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-23912]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Internal Revenue Service (IRS), 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 information collections, as required by the Paperwork Reduction Act
of 1995. The IRS is soliciting comments concerning third-party
disclosure requirements in IRS regulations.
DATES: Written comments should be received on or before January 3,
2022, to be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to Martha R. Brinson, at
(202) 317-5753, or at internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet
at <a href="/cdn-cgi/l/email-protection#cf82aebdbba7aee19de18dbda6a1bca0a18fa6bdbce1a8a0b9"><span class="__cf_email__" data-cfemail="97daf6e5e3fff6b9c5b9d5e5fef9e4f8f9d7fee5e4b9f0f8e1">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Third-Party Disclosure Requirements in IRS Regulations.
OMB Number: 1545-1466.
Abstract: These existing regulations contain third-party disclosure
requirements that are subject to the Paperwork Reduction Act of 1995.
Current Actions: There are no changes being made to these
regulations at this time. However, IRS is reducing burden associated
with duplicative regulations accounted for in other OMB control number
collections.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals or households, business or other for-
profit organizations, and not-for-profit institutions.
Estimated Number of Respondents: 130,727,849.
Estimated Time per Respondent: Varies. Average response time 15
minutes.
Estimated Total Annual Burden Hours: 33,931,750.
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.
Comments will be of public record. Comments are invited on: (a) Whether
the collection of information is necessary for the proper performance
of the functions of the agency, 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 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: October 28, 2021.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2021-23912 Filed 11-2-21; 8:45 am]
BILLING CODE 4830-01-P
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