[Federal Register Volume 86, Number 30 (Wednesday, February 17, 2021)]
[Notices]
[Pages 9998-9999]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-03135]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Form 8804-C and TD 9394

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Internal Revenue Service, 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 Form 8804-C, 
Certificate of Partner-Level Items to Reduce Section 1446 Withholding, 
and TD 9394, Special Rules to Reduce Section 1446 Withholding.

DATES: Written comments should be received on or before April 19, 2021 
to be assured of consideration.

ADDRESSES: Direct all written comments to Kinna Brewington, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224.
    Requests for additional information or copies of the form and 
instructions should be directed to Sara Covington, (737) 800-6149, at 
Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, 
Washington, DC 20224, or through the internet at 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Certificate of Partner-Level Items to Reduce Section 1446 
Withholding.
    OMB Number: 1545-1934.
    Form Number: Form 8804-C.
    Abstract: Form 8804-C is used by a foreign partner that voluntary 
submit to the partnership if it chooses to provide a certification that 
could reduce or eliminate the partnership's withholding tax obligation 
under section 1446 (1446 tax) on the partner's allocable share of 
effectively connected income (ECTI) from the partnership.

[[Page 9999]]

    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. This form is being submitted for renewal 
purposes only.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses and other for-profit organizations, 
Individuals or Households, and Not-for-Profit Organizations.
    Estimated Number of Respondents: 1,000.
    Estimated Time per Respondent: 18 hour 42 minutes.
    Estimated Total Annual Burden Hours: 18,700.

    Title: Special Rules to Reduce Section 1446 Withholding.
    OMB Number: 1545-1934.
    Form Number: TD 9394.
    Abstract: This document contains final regulations regarding when a 
partnership may consider certain deductions and losses of a foreign 
partner to reduce or eliminate the partnership's obligation to pay 
withholding tax under section 1446 on effectively connected taxable 
income allocable under section 704 to such partner.
    Current Actions: There is no change in the paperwork burden 
previously approved by OMB. This Form is being submitted for renewal 
purposes only.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses and other for-profit organizations, 
Individuals or Households, and Not-for-Profit Organizations.
    Estimated Number of Respondents: 1.
    Estimated Time per Respondent: 1 Hour.
    Estimated Total Annual Burden Hours: 1.
    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: February 2, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-03135 Filed 2-16-21; 8:45 am]
BILLING CODE 4830-01-P