[Federal Register Volume 78, Number 231 (Monday, December 2, 2013)]
[Notices]
[Pages 72152-72153]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-28810]


-----------------------------------------------------------------------

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.

-----------------------------------------------------------------------

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 TD 
9540, general actuarial valuation.

DATES: Written comments should be received on or before January 31, 
2014 to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette Lawrence, Room 6129, 
1111 Constitution Avenue NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulation should be directed to Katherine Dean, at 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Valuation Tables.
    OMB Number: 1545-1343.
    Regulation Project Number: TD 9540.
    Abstract: This document contains final regulations relating to the 
use of actuarial tables in valuing annuities, interests for life or 
terms of years, and remainder or reversionary interests. These 
regulations will affect the valuation of inter vivos and testamentary 
transfers of interests dependent on one or more measuring lives. These 
regulations are necessary because section 7520(c)(3) directs the 
Secretary to update the actuarial tables to reflect the most recent 
mortality experience available.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of OMB approval.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 6,000.
    Estimated Time per Respondent: 45 minutes.
    Estimated Total Annual Hours: 4,500.
    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

[[Page 72153]]

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: October 30, 2013.
Yvette Lawrence,
OMB Reports Clearance Officer.
[FR Doc. 2013-28810 Filed 11-29-13; 8:45 am]
BILLING CODE 4830-01-P