[Federal Register Volume 82, Number 68 (Tuesday, April 11, 2017)]
[Notices]
[Page 17522]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-07196]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Notice 2017-09

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. Currently, the IRS is soliciting 
comments concerning Notice 2017-09, De Minimis Error Safe Harbor to the 
I.R.C. Sec. Sec.  6721 and 6722 Penalties.

DATES: Written comments should be received on or before June 12, 2017 
to be assured of consideration.

ADDRESSES: Direct all written comments to Laurie Brimmer, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW., Washington, 
DC 20224.
    Requests for copies of the form and instructions should be directed 
to Martha Brinson, at Internal Revenue Service, Room 6526, 1111 
Constitution Avenue NW., Washington, DC 20224, or through the internet 
at [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: De Minimis Error Safe Harbor to the I.R.C. Sec. Sec.  6721 
and 6722 Penalties.
    OMB Number: 1545-2270.
    Notice Number: 2017-09.
    Abstract: Under 6722(c)(3)(B) payees may elect that an exception to 
penalties not apply so that penalties may apply if payors don't provide 
corrected returns and statements. The collection of information will be 
this election, a retraction of the election, or specified retention of 
records of elections or retractions. The collection is necessary for 
the effective operation of the exception and election framework. 
Respondents are payees or payors.
    Current Actions: There are no changes being made to the collection 
at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals or Households.
    Estimated Number of Annual Responses: 8,984,600.
    Estimated Time per Response: 5 minutes.
    Estimated Total Annual Burden Hours: 760,569.
    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. 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: March 29, 2017.
Laurie Brimmer,
IRS Senior Tax Analyst.
[FR Doc. 2017-07196 Filed 4-10-17; 8:45 am]
 BILLING CODE 4830-01-P