[Federal Register Volume 82, Number 91 (Friday, May 12, 2017)]
[Notices]
[Pages 22186-22187]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-09606]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Certificate of Foreign
Contracting Party Receiving Federal Procurement Payments
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 Certificate of Foreign Contracting Party Receiving
Federal Procurement Payments.
DATES: Written comments should be received on or before July 11, 2017
to be assured of consideration.
ADDRESSES: Direct all written comments to Laurie E. Brimmer, 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 Martha R. Brinson, Internal Revenue
Service, Room 6526, 1111 Constitution Avenue NW., Washington, DC 20224,
or through the Internet at [email protected].
SUPPLEMENTARY INFORMATION:
Title: Certificate of Foreign Contracting Party Receiving Federal
Procurement Payments.
OMB Number: 1545-2263.
Form Number: Form W-14.
Abstract: Tax on Certain Foreign Procurement, Notice of Purposed
Rulemaking, contains proposed regulations under section 5000C of the
Internal Revenue Code. The proposed regulations affect U.S. government
acquiring agencies and foreign persons providing certain goods or
services to the U.S. government pursuant to a contract. This document
also contains proposed regulations under section 6114, with respect to
foreign persons claiming an exemption from the tax under an income tax
treaty. Section 5000C imposes a 2% tax on foreign persons (as defined
in section 7701(a)(30)), that are parties to specified Federal
procurement contracts with the U.S. government entered into on and
after January 2, 2011. This tax is imposed on the gross amount of
specified Federal procurement payments and is generally collected by
increasing the amount withheld under chapter 3. A Form W-14 must be
provided to the acquiring agency (U.S. government department, agency,
independent establishment, or corporation) to: Establish that they are
a foreign contracting party; and If applicable, claim an exemption from
withholding based on an international agreement (such as a tax treaty);
or Claim an exemption from withholding, in whole or in part, based on
an international procurement agreement or because goods are produced,
or services are performed in the United States. A Form W-14 must be
provided to the acquiring agency if a foreign contracting party has
been paid a specified Federal procurement payment and the foreign
contracting party is seeking to claim an exemption (in whole or in
part) from the tax imposed by section 5000C. Form W-14 must be
submitted when requested by the acquiring agency, whether or not an
exemption (in whole or in part) is claimed from withholding under
section 5000C.
Current Actions: There are no changes being made to the form at
this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Federal government.
Estimated Number of Annual Responses: 2,000.
Estimated Time per Response: 5 hrs., 55 mins.
Estimated Total Annual Burden Hours: 11,840.
[[Page 22187]]
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: May 8, 2017.
Laurie E. Brimmer,
Senior Tax Analyst.
[FR Doc. 2017-09606 Filed 5-11-17; 8:45 am]
BILLING CODE 4830-01-P