10000 Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices 

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 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 1041–A 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

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. 

The IRS is soliciting comments 

concerning U.S. information return-trust 

accumulation of charitable amounts. 

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. 

FOR FURTHER INFORMATION CONTACT: 

Requests for information or copies of the 

form and instructions should be 

directed to Sara Covington (737)800– 

6149, at Internal Revenue Service, Room 

6526, 1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet at Sara.L.Covington@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: U.S. Information Return-Trust 

Accumulation of Charitable Amounts. 

OMB Number: 1545–0094. 

Form Number: 1041–A. 

Abstract: Form 1041–A is used to 

report the information required in 

Internal Revenue Code section 6034 

concerning accumulation and 

distribution of charitable amounts. The 

data is used to verify the amounts for 

which a charitable deduction was 

allowed are used for charitable 

purposes. 

Current Actions: There are changes 

(reduction in filers) in the paperwork 

burden previously approved by OMB. 

The Tax Cuts and Jobs Act of 2017 (Pub. 

L. 115–97) amended section 641(c)(2). 

As a result, Electing Small Business 

Trusts (ESBTs)are no longer subject to 

the charitable information reporting 

requirements under section 6034 and do 

not file Form 1041–A. This form is 

being submitted for renewal purposes 

only. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Businesses or other 

for-profit organizations, and 

individuals. 

Estimated Number of Respondents: 

6,700. 

Estimated Time per Respondent: 36 

hrs, 40 minutes. 

Estimated Total Annual Burden 

Hours: 245,622. 

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: January 27, 2021. 

Sara L. Covington, 

IRS Tax Analyst. 

[FR Doc. 2021–03129 Filed 2–16–21; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Regulation Project 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Internal Revenue Service 

(IRS), 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 information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning 

product liability losses and 

accumulations for product liability 

losses. 

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. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulation should be 

directed to Martha R. Brinson, at (202) 

317–5753, or at Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

through the internet at 

Martha.R.Brinson@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Product Liability Losses and 

Accumulations for Product Liability 

Losses. 

OMB Number: 1545–0863. 

Regulation Project Number: TD 8096. 

Abstract: T.D. 8096 provides final 

regulations relating to product liability 

losses and accumulations for the 

payment of reasonable anticipated 

product liability losses. Changes to the 

applicable tax law were made by the 

Revenue Act of 1978. Generally, a 

taxpayer who sustains a product 

liability loss must carry the loss back 10 

years. However, a taxpayer may elect to 

have such loss treated as a regular net 

operating loss under section 172. If 

desired, such election is made by 

attaching a statement to the tax return. 

This statement will enable the IRS to 

monitor compliance with the statutory 

requirements. 

Current Actions: There are no changes 

being made to this regulation. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 


jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices 10001 

Estimated Number of Respondents: 

5,000. 

Estimated Time Per Respondent: 30 

mins. 

Estimated Total Annual Burden 

Hours: 2,500. 

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. Comments 

will be 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 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 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: January 25, 2021. 

Martha R. Brinson, 

Tax Analyst. 

[FR Doc. 2021–03128 Filed 2–16–21; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Forms W–8BEN, W–8BEN– 

E, W–8ECI, W–8EXP, and W–8IMY 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Internal Revenue Service 

(IRS), 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 information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning 

Form W–8BEN, Certificate of Foreign 

Status of Beneficial Owner for United 

States Tax Withholding and Reporting 

(Individual), Form W–8BEN–E, 

Certificate of Status of Beneficial Owner 

for United States Tax Withholding and 

Reporting (Entities), Form W–8ECI, 

Certificate of Foreign Person’s Claim 

That Income Is Effectively Connected 

With the Conduct of a Trade or Business 

in the United States, Form W–8EXP, 

Certificate of Foreign Government or 

Other Foreign Organization for United 

States Tax Withholding and Reporting, 

Form W–8IMY, Certificate of Foreign 

Intermediary, Foreign Flow-Through 

Entity, or Certain U.S. Branches for 

United States Tax Withholding and 

Reporting, and the EW–8 MOU Program. 

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. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the forms and instructions 

should be directed to Martha R. Brinson, 

at (202) 317–5753, or at Internal 

Revenue Service, Room 6526, 1111 

Constitution Avenue NW, Washington, 

DC 20224, or through the internet at 

Martha.R.Brinson@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Form W–8BEN, Certificate of 

Foreign Status of Beneficial Owner for 

United States Tax Withholding and 

Reporting (Individual), Form W–8BEN– 

E, Certificate of Status of Beneficial 

Owner for United States Tax 

Withholding and Reporting Entities), 

Form W–8ECI,Certificate of Foreign 

Person’s Claim That Income Is 

Effectively Connected With the Conduct 

of a Trade or Business in the United 

States, Form W–8EXP, Certificate of 

Foreign Government or Other Foreign 

Organization for United States Tax 

Withholding and Reporting, Form W– 

8IMY, Certificate of Foreign 

Intermediary, Foreign Flow-Through 

Entity, or Certain U.S. Branches for 

United States Tax Withholding and 

Reporting. 

OMB Number: 1545–1621. 

Form Numbers: W–8BEN, W–8BEN– 

E, W–8ECI, W–8EXP, and W–8IMY. 

Abstract: Form W–8BEN is used for 

certain types of income to establish that 

the person is a foreign person, is the 

beneficial owner of the income for 

which Form W–8BEN is being provided 

and, if applicable, to claim a reduced 

rate of, or exemption from, withholding 

as a resident of a foreign country with 

which the United States has an income 

tax treaty. Form W–8ECI is used to 

establish that the person is a foreign 

person and the beneficial owner of the 

income for which Form W–8ECI is being 

provided, and to claim that the income 

is effectively connected with the 

conduct of a trade or business within 

the United States. Form W–8EXP is 

used by a foreign government, 

international organization, foreign 

central bank of issue, foreign tax-exempt 

organization, or foreign private 

foundation. The form is used by such 

persons to establish foreign status, to 

claim that the person is the beneficial 

owner of the income for which Form 

W–8EXP is given and, if applicable, to 

claim a reduced rate of, or exemption 

from, withholding. Form W–8IMY is 

provided to a withholding agent or 

payer by a foreign intermediary, foreign 

partnership, and certain U.S. branches 

to make representations regarding the 

status of beneficial owners or to 

transmit appropriate documentation to 

the withholding agent. Reg. § 1.1441– 

1(e)(4)(iv) provides that a withholding 

agent may establish a system for a 

beneficial owner to electronically 

furnish a Form W–8 or an acceptable 

substitute Form W–8. Withholding 

agents with systems that electronically 

collect Forms W–8 may voluntarily 

choose to participate in the IRS EW–8 

MOU Program. The EW–8 MOU 

Program is a collaborative process 

between the withholding agents and 

IRS. 

Current Actions: There are no changes 

being made to the forms at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals, business 

or other for-profit organizations, and 

not-for-profit institutions. 


jbell on DSKJLSW7X2PROD with NOTICES