Notice2024-05335
Proposed Collection; Comment Request for Form 8924
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
March 13, 2024
Issuing agencies
Treasury DepartmentInternal Revenue Service
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, Excise Tax on Certain Transfers of Qualifying Geothermal or Mineral Interests.
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 50 (Wednesday, March 13, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 50 (Wednesday, March 13, 2024)]
[Notices]
[Pages 18485-18486]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-05335]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Form 8924
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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
[[Page 18486]]
opportunity to comment on information collections, as required by the
Paperwork Reduction Act of 1995. The IRS is soliciting comments
concerning, Excise Tax on Certain Transfers of Qualifying Geothermal or
Mineral Interests.
DATES: Written comments should be received on or before May 13, 2024 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, or by email to <a href="/cdn-cgi/l/email-protection#2f5f5d4e014c4042424a415b5c6f465d5c01484059"><span class="__cf_email__" data-cfemail="cabab8abe4a9a5a7a7afa4beb98aa3b8b9e4ada5bc">[email protected]</span></a>. Include ``OMB Number 1545-
2099--Excise Tax on Certain Transfers of Qualifying Geothermal or
Mineral Interests'' in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection 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#65280417110d044b374b27170c0b160a0b250c17164b020a13"><span class="__cf_email__" data-cfemail="4805293a3c2029661a660a3a21263b272608213a3b662f273e">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Excise Tax on Certain Transfers of Qualifying Geothermal or
Mineral Interests.
OMB Number: 1545-2099.
Form Number: 8924.
Abstract: This form is required by Section 403 of the Tax Relief
and Health Care Act of 2006 which imposes an excise tax on certain
transfers of qualifying mineral or geothermal interests.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit organizations.
Estimated Number of Respondents: 20.
Estimated Time per Respondent: 5 hours, 33 minutes.
Estimated Total Annual Burden Hours: 111.
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: March 5, 2024.
Martha R. Brinson,
Tax Analyst.
[FR Doc. 2024-05335 Filed 3-12-24; 8:45 am]
BILLING CODE 4830-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on March 13, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.