[Federal Register Volume 76, Number 109 (Tuesday, June 7, 2011)]
[Notices]
[Pages 33023-33024]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-13858]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Information Collection Activity; Proposed Collection
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, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)).
DATES: Written comments should be received on or before August 8, 2011
to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette Lawrence, Internal
Revenue Service, 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 R. Joseph Durbala, at
(202) 622-3634, or at Internal Revenue Service, Room 6129, 1111
Constitution Avenue, NW., Washington, DC 20224, or through the
Internet, at [email protected].
SUPPLEMENTARY INFORMATION: Title: General Revision of Regulations
Relating to Withholding of Tax on Certain U.S. Source Income Paid to
Foreign Persons and Related Collection, Refunds and Credits; Revision
of Information Reporting and Backup Withholding Regulations; and
Removal of Regulations Under part 35a and of Certain Regulations Under
Income Tax Treaties.
[[Page 33024]]
OMB Number: 1545-1484.
Regulation Project Number: REG-242282-97 (TD 8881-final).
Abstract: This regulation prescribes collections of information for
foreign persons that received payments subject to withholding under
sections 1441, 1442, 1443, or 6114 of the Internal Revenue Code. This
information is used to claim foreign person status and, in appropriate
cases, to claim residence in a country with which the United States has
an income tax treaty in effect, so that withholding at a reduced rate
of tax may be obtained at source. The regulation also prescribes
collections of information for withholding agents. This information is
used by withholding agents to report to the IRS income paid to a
foreign person that is subject to withholding under Code sections 1441,
1442, and 1443. The regulation also requires that a foreign taxpayer
claiming a reduced amount of withholding tax under the provisions of an
income tax treaty must disclose its reliance upon a treaty provision by
filing Form 8833 with its U.S. income tax return.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations,
individuals or households, not-for-profit institutions, farms, and
Federal, state, local or tribal governments.
The burden for the reporting requirements is reflected in the
burden of Forms W-8BEN, W08ECI, W-8EXP, W-8IMY, 1042, 1042S, 8233,
8833, and the income tax return of a foreign person filed for purposes
of claiming a refund of tax.
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: May 25, 2011.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-13858 Filed 6-6-11; 8:45 am]
BILLING CODE 4830-01-P