[Federal Register Volume 88, Number 227 (Tuesday, November 28, 2023)]
[Notices]
[Pages 83203-83204]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-26155]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Requesting Comments on Qualification and 
Transfer of Credit Under Sections 30D and 25E From the Taxpayer to an 
Eligible Entity

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 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995. The IRS is soliciting comments 
concerning Revenue Procedure 2023-33 and subsequent procedures for 
making a transfer election under Internal Revenue Code (IRC) sections 
30D and 25E, and qualifying vehicles under IRC section 30D.

DATES: Written comments should be received on or before January 29, 
2024 to be assured of consideration.

ADDRESSES: Direct all written comments to Andres Garcia, Internal 
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 
20224, or by email to [email protected]. Include OMB Control No. 
1545-2311 in the subject line of the message.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or

[[Page 83204]]

copies of this collection should be directed to Jon Callahan, (737) 
800-7639, 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 currently seeking comments 
concerning the following information collection tools, reporting, and 
record-keeping requirements:
    Title: Qualification and Transfer of Credit under Sections 30D and 
25E from Taxpayer to Eligible Entity.
    OMB Number: 1545-2311.
    Abstract: Under the procedures prescribed in these revenue 
procedures, a dealer of a new clean vehicle or previously owned clean 
vehicle that wishes to partake in the advanced payment program under 
IRC sections 30D(g) and 25E(f) must register with the IRS through the 
IRS Identity Registration System and through the IRS Clean Vehicle 
Sales Portal. At the time of registration through the IRS Clean Vehicle 
Sales Portal, the dealer must provide certain information to the IRS 
and make certain certifications. After those are complete, the IRS will 
perform a tax compliance check to ensure the dealer is compliant with 
its tax obligations. After a taxpayer makes a transfer election under 
IRC sections 30D(g) or 25E(f) to the dealer, a dealer must upload 
certain information through the IRS Clean Vehicle Sales Portal, and the 
IRS, upon review, and if all conditions are met, will issue a payment 
to the dealer.
    Qualified manufacturers who wish to have certain new clean vehicles 
qualify for the IRC section 30D credit in the subsequent year must 
submit certain information related to applicable critical minerals and 
battery components.
    The IRS created a Clean Vehicles Sale Portal for qualified 
manufacturers, dealers, and sellers to register and provide the 
requisite information. The likely respondents are businesses and other 
for-profit entities.
    Current Actions: There are changes to the existing collection. The 
IRS is revising this collection to add reporting obligations for 
qualified manufacturers to submit to the Department of Energy (DOE). 
This creates a modified collection obligation for qualified 
manufacturers related to applicable critical minerals and battery 
components. This modification provides that qualified manufacturers who 
wish to have certain new clean vehicles qualify for the IRC section 30D 
credit in the subsequent year must submit a report to the DOE that 
includes supporting documentation in relation to battery components and 
applicable critical minerals, as well as associated constituent 
materials, contained in the battery from which the electric motor of 
the vehicle draws electricity; and submit attestations under penalty of 
perjury.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Responses: 440,050.
    Estimated Time per Respondent: 7 hours, 23 minutes.
    Estimated Total Annual Burden Hours: 3,247,250.
    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: November 22, 2023.
Jon R. Callahan,
Senior Tax Analyst.
[FR Doc. 2023-26155 Filed 11-27-23; 8:45 am]
BILLING CODE 4830-01-P