Federal Register / Vol. 85, No. 139 / Monday, July 20, 2020 / Notices 43943

(a) Whether the collection of OMB Number: 1545–0150. through the use of automated collection information is necessary for the proper Form Number: 2848 and 2848 (SP). techniques or other forms of information performance of the functions of the Abstract: Form 2848 or Form technology; and (e) estimates of capital agency, including whether the 2848(SP) is issued to authorize someone or start-up costs and costs of operation, information shall have practical utility; to act for the taxpayer in tax matters. It maintenance, and purchase of services (b) the accuracy of the agency’s estimate grants all powers that the taxpayer has to provide information. of the burden of the collection of except signing a return and cashing Approved: July 14, 2020. information; (c) ways to enhance the refund checks. The information on the Chakinna B. Clemons, quality, utility, and clarity of the form is used to identify representatives information to be collected; (d) ways to and to ensure that confidential Supervisory Tax Analyst. minimize the burden of the collection of information is not divulged to [FR Doc. 2020–15573 Filed 7–17–20; 8:45 am] information on respondents, including unauthorized persons. BILLING CODE 4830–01–P through the use of automated collection Current Actions: There are no changes techniques or other forms of information being made to the forms at this time. technology; and (e) estimates of capital Type of Review: Extension of a DEPARTMENT OF THE TREASURY currently approved collection. or start-up costs and costs of operation, Internal Revenue Service maintenance, and purchase of services Affected Public: Individuals or to provide information. households, business or other for-profit Proposed Collection; Comment Approved: July 7, 2020. organizations, not-for-profit institutions, Request for Forms 706 and Schedule and farms. Chakinna B. Clemons, R–1 (Form 706) Supervisory Tax Analyst. Form 2848 AGENCY: Internal Revenue Service (IRS), [FR Doc. 2020–15572 Filed 7–17–20; 8:45 am] Estimated Number of Respondents: Treasury. BILLING CODE 4830–01–P 458,333. ACTION: Notice and request for Estimated Time per Respondent: 1.99 comments. hours. DEPARTMENT OF THE TREASURY Estimated Total Annual Burden SUMMARY: The Internal Revenue Service, Hours: 912,083 hours. Internal Revenue Service as part of its continuing effort to reduce paperwork and respondent burden, Form 2848 (SP) Proposed Collection; Comment invites the general public and other Request Concerning Representation of Estimated Number of Respondents: Federal agencies to take this Taxpayers Before the Internal Revenue 80,000. opportunity to comment on proposed Service Estimated Time per Respondent: 2.26 and/or continuing information hours. collections, as required by the AGENCY: Internal Revenue Service (IRS), Estimated Total Annual Burden Paperwork Reduction Act of 1995. The Treasury. Hours: 180,800 hours. IRS is soliciting comments concerning ACTION: Notice and request for The following paragraph applies to all Form 706, United States Estate (and comments. the collections of information covered Generation-Skipping Transfer) Tax by this notice. Return and Schedule R–1 (Form 706), SUMMARY: The Internal Revenue Service, An agency may not conduct or Generation-Skipping Transfer Tax. as part of its continuing effort to reduce sponsor, and a person is not required to DATES: Written comments should be paperwork and respondent burden, respond to, a collection of information received on or before September 18, invites the general public and other unless the collection of information 2020 to be assured of consideration. Federal agencies to take this displays a valid OMB control number. opportunity to comment on continuing Books or records relating to a collection ADDRESSES: Direct all written comments information collections, as required by of information must be retained if their to Paul Adams, Internal Revenue the Paperwork Reduction Act of 1995. contents may become material in the Service, room 6526, 1111 Constitution The IRS is soliciting comments administration of any internal revenue Avenue NW, Washington, DC 20224. concerning representation of taxpayers law. Generally, tax returns and tax FOR FURTHER INFORMATION CONTACT: before the Internal Revenue Service. return information are confidential, as Requests for additional information or DATES: Written comments should be required by 26 U.S.C. 6103. copies of the form and instructions received on or before September 18, Request for Comments: Comments should be directed to Sara Covington, 2020 to be assured of consideration. submitted in response to this notice will (202) 317–6038, at Internal Revenue ADDRESSES: Direct all written comments be summarized and/or included in the Service, Room 6526, 1111 Constitution to Chakinna B. Clemons, Internal request for OMB approval. All Avenue NW, Washington, DC 20224, or Revenue Service, Room 6526, 1111 comments will become a matter of the internet at [email protected]. Constitution Avenue NW, Washington, public record. Comments are invited on: SUPPLEMENTARY INFORMATION: DC 20224. (a) Whether the collection of Title: United States Estate (and FOR FURTHER INFORMATION CONTACT: information is necessary for the proper Generation-Skipping Transfer) Tax Requests for additional information or performance of the functions of the Return. copies of the form should be directed to agency, including whether the OMB Number: 1545–0015. Kerry Dennis, at (202) 317–5751 or information shall have practical utility; Forms Number: 706 and Schedule R– Internal Revenue Service, Room 6526, (b) the accuracy of the agency’s estimate 1 (Form 706). 1111 Constitution Avenue NW, of the burden of the collection of Abstract: Form 706 is used by Washington, DC 20224, or through the information; (c) ways to enhance the executors to report and compute the internet, at [email protected]. quality, utility, and clarity of the Federal estate tax imposed by Internal SUPPLEMENTARY INFORMATION: information to be collected; (d) ways to Revenue Code section 2001 and the Title: Representation of taxpayers minimize the burden of the collection of Federal generation-skipping transfer before the Internal Revenue Service. information on respondents, including (GST) tax imposed by Code section

VerDate Sep<11>2014 18:30 Jul 17, 2020 Jkt 250001 PO 00000 Frm 00138 Fmt 4703 Sfmt 4703 E:\FR\FM\20JYN1.SGM 20JYN1 43944 Federal Register / Vol. 85, No. 139 / Monday, July 20, 2020 / Notices

2601. The IRS uses the information on Approved: July 14, 2020. public, pursuant to 5 U.S.C. App. 2, the form to enforce the estate and GST Sara L. Covington, § 10(d) and Public Law 103–202, tax provisions of the Code and to verify IRS Tax Analyst. 202(c)(1)(B) (31 U.S.C. 3121 note). that the taxes have been properly [FR Doc. 2020–15584 Filed 7–17–20; 8:45 am] This notice shall constitute my computed. Schedule R–1 (Form 706) BILLING CODE 4830–01–P determination, pursuant to the authority serves as a payment voucher for the placed in heads of agencies by 5 U.S.C. Generation-Skipping Transfer (GST)tax App. 2, 10(d) and vested in me by imposed on a direct skip from a trust, DEPARTMENT OF THE TREASURY Treasury Department Order No. 101–05, which the trustee of the trust, must pay. that the meeting will consist of Current Actions: Prior to this revision, Office of The Secretary Schedule R–1 and its instructions were discussions and debates of the issues embedded in Form 706. However, List of Countries Requiring presented to the Committee by the Schedule R–1 and its instructions were Cooperation With an International Secretary of the Treasury and the removed, to create a separate hybrid Boycott making of recommendations of the form for Schedule R–1 and its Committee to the Secretary, pursuant to In accordance with section 999(a)(3) instructions. There are changes in the Public Law 103–202, 202(c)(1)(B). of the Internal Revenue Code of 1986, paperwork burden previously approved Thus, this information is exempt from the Department of the Treasury is by OMB, due to the reduction in filers disclosure under that provision and 5 publishing a current list of countries based on the most recent filing data. U.S.C. 552b(c)(3)(B). In addition, the which require or may require Type of Review: Revision of a meeting is concerned with information participation in, or cooperation with, an currently approved collection. international boycott (within the that is exempt from disclosure under 5 Affected Public: Individuals or U.S.C. 552b(c)(9)(A). The public interest households and business or other for- meaning of section 999(b)(3) of the Internal Revenue Code of 1986). requires that such meetings be closed to profit organizations. the public because the Treasury Estimated Number of Responses: On the basis of the best information currently available to the Department of Department requires frank and full 30,729. advice from representatives of the Estimated Time per Respondents: the Treasury, the following countries require or may require participation in, financial community prior to making its 36.50. final decisions on major financing Estimated Total Annual Burden or cooperation with, an international operations. Historically, this advice has Hours: 1,121,903. boycott (within the meaning of section The following paragraph applies to all 999(b)(3) of the Internal Revenue Code been offered by debt management of the collections of information covered of 1986). advisory committees established by the several major segments of the financial by this notice: Iraq An agency may not conduct or Kuwait community. When so utilized, such a sponsor, and a person is not required to Lebanon committee is recognized to be an respond to, a collection of information Libya advisory committee under 5 U.S.C. App. unless the collection of information Qatar 2, § 3. displays a valid OMB control number. Saudi Arabia Although the Treasury’s final Books or records relating to a collection Syria announcement of financing plans may of information must be retained as long United Arab Emirates not reflect the recommendations as their contents may become material Yemen provided in reports of the Committee, in the administration of any internal Douglas Poms, premature disclosure of the Committee’s revenue law. Generally, tax returns and deliberations and reports would be International Tax Counsel, Tax Policy. tax return information are confidential, likely to lead to significant financial as required by 26 U.S.C. 6103. [FR Doc. 2020–15621 Filed 7–17–20; 8:45 am] speculation in the securities market. Request for Comments: Comments BILLING CODE 4810–25–P Thus, this meeting falls within the submitted in response to this notice will exemption covered by 5 U.S.C. be summarized and/or included in the 552b(c)(9)(A). request for OMB approval. All DEPARTMENT OF THE TREASURY The Office of Debt Management is comments will become a matter of Debt Management Advisory Committee responsible for maintaining records of public record. Comments are invited on: Meeting (a) Whether the collection of debt management advisory committee meetings and for providing annual information is necessary for the proper Notice is hereby given, pursuant to 5 performance of the functions of the U.S.C. App. 2, § 10(a)(2), that a meeting reports setting forth a summary of agency, including whether the will take place via conference call on Committee activities and such other information shall have practical utility; Tuesday, August 4, 2020 at 12:00 p.m. matters as may be informative to the (b) the accuracy of the agency’s estimate of the following debt management public consistent with the policy of 5 of the burden of the collection of advisory committee: Treasury U.S.C. 552(b). The Designated Federal information; (c) ways to enhance the Borrowing Advisory Committee of the Officer or other responsible agency quality, utility, and clarity of the Securities Industry and Financial official who may be contacted for information to be collected; (d) ways to Markets Association. additional information is Fred minimize the burden of the collection of At this meeting, the Treasury is Pietrangeli, Director for Office of Debt information on respondents, including seeking advice from the Committee on Management (202) 622–1876. through the use of automated collection topics related to the economy, financial Dated: July 14, 2020. techniques or other forms of information markets, Treasury financing, and debt Frederick E. Pietrangeli, technology; and (e) estimates of capital management. Following the working Director (for Office of Debt Management). or start-up costs and costs of operation, session, the Committee will present a maintenance, and purchase of services written report of its recommendations. [FR Doc. 2020–15578 Filed 7–17–20; 8:45 am] to provide information. The meeting will be closed to the BILLING CODE 4810–25–P

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