[Federal Register Volume 86, Number 30 (Wednesday, February 17, 2021)]
[Notices]
[Pages 9999-10000]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-03138]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Information Collection; Comment Request for Regulation
Project
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
continuing information collections, as required by the Paperwork
Reduction Act of 1995. IRS is soliciting comments concerning Payout
Requirements for Type III Supporting Organizations that are not
Functionally Integrated.
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 information
collection and instructions, or copies of any comments received,
contact Sara Covington, at (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: The IRS is seeking comments concerning the
following forms, and reporting and record-keeping requirements:
Title: Payout Requirements for Type III Supporting Organizations
that are not Functionally Integrated.
OMB Number: 1545-2157.
Form Number: TD 9605 (REG-155929-06).
Abstract: This document contains final regulations regarding the
requirements to qualify as a Type III supporting organization that is
operated in connection with one or more supported organizations. The
regulations reflect changes to the law made by the Pension Protection
Act of 2006. The regulations will affect Type III supporting
organizations and their supported organizations.
Current Actions: There is no change in the paperwork burden
previously approved by OMB. This collection is being submitted for
renewal purposes only.
Type of Review: Extension of a currently approved collection.
Affected Public: Not-for-profit institutions, State, Local or
Tribal Governments.
Estimated Number of Respondents: 11,994.
Estimated Time per Respondent: 2 hours.
Estimated Total Annual Burden Hours: 23,988.
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 our request for Office of
Management and Budget (OMB) approval. All comments will become a matter
of public record. Please do not include any confidential or
inappropriate material in your comments.
Comments are invited on: (a) Whether the collection of information
is necessary for the proper performance of the agency's functions,
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 respondents, including
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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 3, 2021.
Sara L. Covington,
IRS Tax Analyst.
[FR Doc. 2021-03138 Filed 2-16-21; 8:45 am]
BILLING CODE 4830-01-P