Notice2022-11639
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple Tax & Trade Bureau Information Collection Requests
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 31, 2022
Issuing agencies
Treasury Department
Abstract
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.
Full Text
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<title>Federal Register, Volume 87 Issue 104 (Tuesday, May 31, 2022)</title>
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[Federal Register Volume 87, Number 104 (Tuesday, May 31, 2022)]
[Notices]
[Pages 32508-32509]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-11639]
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DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Multiple Tax & Trade Bureau 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 June 30, 2022 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 <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be
obtained from Spencer W. Clark by emailing <a href="/cdn-cgi/l/email-protection#5c0c0e1d1c282e393d2f292e25723b332a"><span class="__cf_email__" data-cfemail="4717150607333522263432353e69202831">[email protected]</span></a>, calling
(202) 927-5331, or viewing the entire information collection request at
<a href="http://www.reginfo.gov">www.reginfo.gov</a>.
SUPPLEMENTARY INFORMATION:
Alcohol and Tobacco Tax and Trade Bureau (TTB)
1. Title: Authorization to Furnish Financial Information and
Certificate of Compliance.
OMB Control Number: 1513-0004.
Type of Review: Extension without change of a currently approved
collection.
Description: Under its statutory and regulatory authorities, during
an alcohol or tobacco permit investigation, the Alcohol and Tobacco Tax
and Trade Bureau (TTB) may require such applicants to show that they
have the financial standing necessary to conduct their operations in
compliance with Federal law. However, the Right to Financial Privacy
Act of 1978 (the Act; 12 U.S.C. 3401 et seq.) limits the Federal
Government's access to the records of individuals held by financial
institutions. The Act provides that a person may authorize a financial
institution to disclose their individual records to a Federal agency,
but it also requires the agency to certify to the institution that the
agency has complied with the Act. To meet the Act's requirements, a
permit applicant uses TTB F 5030.6, Authorization to Furnish Financial
Information and Certificate of Compliance, to authorize a financial
institution to disclose their individual records to TTB, and TTB uses
the form to certify to the institution that the agency has complied
with the Act.
Form: TTB F 5030.6.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 10.
Frequency of Response: On Occasion.
Estimated Total Number of Annual Responses: 10.
Estimated Time per Response: 20 minutes.
Estimated Total Annual Burden Hours: 3.
2. Title: Records Supporting Drawback Claims on Eligible Articles
Brought into the United States from Puerto Rico or the Virgin Islands
(TTB REC 5530/3).
OMB Control Number: 1513-0089.
Type of Review: Extension without change of a currently approved
collection.
Description: Under the Internal Revenue Code (IRC) at 26 U.S.C.
7652(g), the provisions of 26 U.S.C. 5111-5114 providing for drawback
(refund) of Federal excise taxes paid on distilled spirits used in
certain nonbeverage products--medicines, medicinal preparations, food
products, flavors, flavoring extracts, and perfumes--also apply to such
articles brought into the United States from Puerto Rico or the U.S.
Virgin Islands. In particular, 26 U.S.C. 5112 requires nonbeverage
product drawback claimants to keep the records necessary to document
the information provided in such claims, subject to regulations
prescribed by the Secretary of the Treasury. Based on those IRC
authorities, the TTB regulations at 27 CFR 26.174 and 26.310 require
persons making nonbeverage product drawback
[[Page 32509]]
claims on eligible articles brought into the United States from Puerto
Rico or the U.S. Virgin Islands to keep certain business, formula, and
taxpayment records documenting the data regarding the distilled spirits
and articles in question provided in such claims. Those persons must
maintain the required records at their business premises for at least 3
years, during which time TTB may inspect the records to verify the data
provided in their claims. TTB's verification of such nonbeverage
product drawback claims is necessary to protect the revenue and ensure
compliance with relevant statutory and regulatory requirements.
Form: None.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 10.
Frequency of Response: On Occasion.
Estimated Total Number of Annual Responses: 10.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden Hours: 10.
3. Title: Beer for Exportation.
OMB Control Number: 1513-0114.
Type of Review: Extension without change of a currently approved
collection.
Description: Under the Internal Revenue Code (IRC) at 26 U.S.C.
5051, Federal excise tax is imposed on beer removed from domestic
breweries for consumption or sale. However, under the IRC at 26 U.S.C.
5053, brewers may remove beer without payment of tax for export
purposes, subject to regulations prescribed by the Secretary of the
Treasury. As such, the TTB regulations in 27 CFR part 28 allow brewers
to remove beer without payment of tax for export to a foreign county,
use as supplies on certain vessels or aircraft, transfer to a foreign
trade zone for export, or shipment to U.S. armed forces stationed
overseas. Those regulations also require brewers to give notice of each
such removal on form TTB F 5130.12. Or, brewers may apply to TTB to use
an alternative procedure to report beer removed for export purposes via
a monthly summary report, provided that the brewer completes the
notification section of TTB F 5130.12 for each removal and maintains
the form and the related supporting export verification records at
their premises. This collection request is necessary to protect the
revenue as TTB uses the required information to account for beer
removed without payment of tax for export purposes and ensure that such
beer is not diverted into the taxable domestic market.
Form: TTB F 5130.12.
Affected Public: Businesses or other for-profits.
Estimated Number of Respondents: 4,400.
Frequency of Response: On Occasion.
Estimated Total Number of Annual Responses: 4,400.
Estimated Time per Response: 2 hours, 23 minutes.
Estimated Total Annual Burden Hours: 10,500.
(Authority: 44 U.S.C. 3501 et seq.)
Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2022-11639 Filed 5-27-22; 8:45 am]
BILLING CODE 4810-31-P
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