[Federal Register Volume 78, Number 49 (Wednesday, March 13, 2013)]
[Notices]
[Page 16047]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-05695]



[[Page 16047]]

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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 Department of the Treasury, 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 proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning, 
AJCA modifications to the section 6011 regulations.

DATES: Written comments should be received on or before May 13, 2013 to 
be assured of consideration.

ADDRESSES: Direct all written comments to Yvette Lawrence, Internal 
Revenue Service, room 6129, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the form and instructions should be directed to Katherine 
Dean, (202) 622-3186, at Internal Revenue Service, room 6242, 1111 
Constitution Avenue NW., Washington, DC 20224, or through the Internet 
at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: AJCA modifications to the section 6011 regulations.
    OMB Number: 1545-2184.
    Regulation Project Number: TD 9350
    Abstract: This document contains final regulations under section 
6011 of the Internal Revenue Code that modify the rules relating to the 
disclosure of reportable transactions under section 6011. These 
regulations affect taxpayers participating in reportable transactions 
under section 6011, material advisors responsible for disclosing 
reportable transactions under section 6111, and material advisors 
responsible for keeping lists under section 6112.
    Current Actions: There are no changes to the burden being made at 
this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations.

Section 301.6111-1(d)(2)

    Estimated Number of Responses: 2000.
    Estimated Average Time Per Response: 5 minutes.
    Estimated Total Annual Burden Hours: 166.66 hours.

Section 301.6111-1(f)

    Estimated Number of Responses: 100.
    Estimated Average Time Per Response: 30 minutes.
    Estimated Total Annual Burden Hours: 50 hours.
    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 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 
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 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 28, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013-05695 Filed 3-12-13; 8:45 am]
BILLING CODE 4830-01-P