Federal Register / Vol. 88, No. 188 / Friday, September 29, 2023 / Notices 67449 

1 87 FR 59498 (Sept. 30, 2022). 

2See 31 CFR 1010.380(b)(4). ‘‘FinCEN identifier’’ 

means the unique identifying number assigned by 

FinCEN to an individual or reporting company 

upon request, subject to certain conditions. 

3Specifically, the CTA is Title LXIV of the 

William M. (Mac) Thornberry National Defense 

Authorization Act for Fiscal Year 2021, Public Law 

116–283 (Jan. 1, 2021). Division F of the NDAA is 

the Anti-Money Laundering Act of 2020, which 

includes the CTA. Section 6403 of the CTA, among 

other things, amended the Bank Secrecy Act (BSA) 

by adding a new section 5336, Beneficial 

Ownership Information Reporting Requirements, to 

subchapter II of chapter 53 of title 31, United States 

Code. 

4Public Law 104–13, 44 U.S.C. 3506(c)(2)(A). 

Office of Management and Budget 

(OMB) for review and clearance in 

accordance with the Paperwork 

Reduction Act of 1995, on or after the 

date of publication of this notice. The 

public is invited to submit comments on 

these requests. 

DATES: Comments should be received on 

or before October 30, 2023 to be assured 

of consideration. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Melody Braswell by 

emailing PRA@treasury.gov, calling 

(202) 622–1035, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Bureau of the Fiscal Service (BFS) 

1. Title: Annual Financial Statement 

of Surety Companies—Schedule F. 

OMB Number: 1530–0008. 

Form Number: FS Form 6314. 

Abstract: The form provides 

information used to determine the 

amount of unauthorized reinsurance of 

Treasury approved Admitted 

Reinsurers. This computation is 

necessary to ensure the solvency of 

companies recognized by the Treasury 

to write Federal surety bonds, and their 

ability to carry out contractual 

requirements. 

Current Actions: Extension of a 

currently approved collection. 

Type of Review: Regular. 

Affected Public: Business or other forprofit. 

Estimated Number of Respondents: 

317. 

Estimated Average Time per 

Respondent: 20.5. 

Estimated Total Annual Burden 

Hours: 6,499. 

2. Title: Authorization Agreement for 

Preauthorized Payment. 

OMB Number: 1530–0015. 

Form Number: SF 5510. 

Abstract: The form is used to collect 

information from remitters (individuals 

and corporations) to authorize 

electronic fund transfers from accounts 

maintained at financial institutions to 

collect monies for government agencies. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit, individuals or households, 

Federal Government. 

Estimated Number of Respondents: 

100,000. 

Estimated Time per Respondent: 10 

minutes. 

Estimated Total Annual Burden 

Hours: 16,667. 

(Authority: 44 U.S.C. 3501 et seq.) 

Melody Braswell, 

Treasury PRA Clearance Officer. 

[FR Doc. 2023–21312 Filed 9–28–23; 8:45 am] 

BILLING CODE 4810–AS–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Individual 

FinCEN Identifier Application 

AGENCY: Departmental Offices, 

Department of the Treasury. 

ACTION: Notice of information collection; 

request for comments. 

SUMMARY: The Department of the 

Treasury, on behalf of the Financial 

Crimes Enforcement Network (FinCEN), 

will submit the individual FinCEN 

identifier application information 

collection request to the Office of 

Management and Budget (OMB) for 

review and clearance in accordance 

with the Paperwork Reduction Act of 

1995 (PRA), on or after the date of 

publication of this notice. The details 

included in the information collection 

are listed below. The public is invited 

to submit comments on this information 

collection request. 

DATES: Written comments should be 

received on or before October 30, 2023. 

ADDRESSES: Written comments on the 

proposed information collection should 

be sent within 30 days of publication of 

this notice to www.reginfo.gov/public/ 

do/PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Spencer W. Clark by 

emailing PRA@treasury.gov, calling 

(202) 927–5331, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Financial Crimes Enforcement Network 

(FinCEN) 

I. Statutory and Regulatory Provisions 

FinCEN issued the Beneficial 

Ownership Information Reporting 

Requirements final rule on September 

30, 2022 (final BOI reporting rule).1 The 

final BOI reporting rule requires certain 

legal entities to report to FinCEN 

information about themselves as well as 

information about the beneficial owners 

of the entity. Entities created or 

registered to do business on or after 

January 1, 2024, must also identify the 

individual who directly filed the 

document with specified governmental 

authorities that created the entity or 

registered it to do business, as well as 

the individual who was primarily 

responsible for directing or controlling 

such filing if more than one individual 

was involved in the filing of the 

document. Further, the regulations 

describe who must file a report, what 

information must be provided, and 

when a report is due. Entities must 

certify that the report is true, correct, 

and complete. 

The rule also sets out various 

requirements for individuals and 

entities that seek to obtain a FinCEN 

identifier, which can be used in certain 

circumstances as a substitute for other 

information required to be reported.2

These regulations implement Section 

6403 of the Corporate Transparency Act 

(CTA), enacted into law as part of the 

National Defense Authorization Act for 

Fiscal Year 2021 (NDAA).3 That 

statutory provision, its implementing 

regulations, and their requirements are 

intended to help prevent and combat 

money laundering, terrorist financing, 

corruption, tax fraud, and other illicit 

activity, while minimizing the burden 

on reporting entities. 

II. Paperwork Reduction Act of 1995 4

Title: Individual FinCEN Identifiers. 

OMB Control Number: 1506–0076. 

Type of Review: New collection. 

Description: The final BOI reporting 

rule requires individuals seeking to 

obtain a FinCEN identifier to submit 

certain information to FinCEN. This is 

a voluntary collection. Individuals are 

not required to obtain FinCEN 

identifiers. In order to be issued a 

FinCEN identifier, however, the final 


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67450 Federal Register / Vol. 88, No. 188 / Friday, September 29, 2023 / Notices 

5FinCEN is not separately calculating a cost 

estimate for entities requesting a FinCEN identifier, 

because FinCEN assumes this would already be 

accounted for in the process and cost of submitting 

the BOI reports. 

6 32,556,929 × 0.01 = 325,569 and 4,998,468 × 

0.01 = 49,985, respectively. 

7Refer to the final BOI reporting rule RIA cost 

analysis for the underlying sources and analysis 

related to these estimates. See 87 FR 59562–59579 

(Sept. 30, 2022). 

8 325,569 × (20/60) = 108,535. 

9 49,985 × (20/60) = 16,662. 

10 12,180 × (10/60) = 2,030. 

11 26,575 × (10/60) = 4,429. 

12 ($56.76 × (20/60)) × 325,569 = $6,159,488.81 

and ($56.76 × (20/60)) × 49,985 = $945,666.84. 

13 ($56.76 × (10/60)) × 12,180 = $115,218.68 and 

($56.76 × (10/60)) × 26,575 = $251,386.22. 

BOI reporting rule requires individuals 

to file applications electronically with 

FinCEN that contain certain information 

about themselves. Individuals are also 

required to submit updates of their 

identifying information as needed. 

FinCEN will store such information in 

its beneficial ownership information 

(BOI) database for access by authorized 

users. Entities will not use the FinCEN 

identifier application to request a 

FinCEN identifier; instead, entities will 

request a FinCEN identifier when they 

submit a BOI report.5

Form: Individual FinCEN Identifier 

Application. 

Affected Public: Any individuals who 

meet the criteria set forth in the final 

BOI reporting rule may apply for a 

FinCEN identifier. The primary reasons 

for individual beneficial owners to 

apply for a FinCEN identifier likely 

include data security (where an 

individual may see less risk in 

submitting personal identifiable 

information to FinCEN directly, 

compared with doing so indirectly 

through one or more reporting 

companies) and administrative 

efficiency (where an individual is likely 

to be identified as a beneficial owner of 

numerous reporting companies). 

Company applicants who are 

responsible for registering many 

reporting companies may have a similar 

incentive to request a FinCEN identifier 

in order to limit the number of 

companies with access to their personal 

information. 

Estimated Number of Respondents: 

FinCEN estimates that the number of 

individuals who will apply for a 

FinCEN identifier will likely be 

relatively low. Specifically, FinCEN 

estimates that number to be 

approximately 1 percent of the 

estimated number of reporting 

companies expected to report BOI. 

FinCEN assumes that, similar to 

reporting companies’ initial filings, 

there would be an initial influx of 

applications for a FinCEN identifier that 

would then decrease to a smaller annual 

rate of requests after Year 1 (2024). 

Therefore, FinCEN estimates that 

325,569 individuals will apply for a 

FinCEN identifier during Year 1 (2024), 

and 49,985 individuals will apply for a 

FinCEN identifier annually thereafter.6

The total five-year average of expected 

FinCEN identifier applications is 

105,102. To estimate the number of 

updated reports for individuals’ FinCEN 

identifier information per year, FinCEN 

used the methodology explained in the 

final BOI reporting rule to calculate, and 

then total, monthly updates based on 

the number of FinCEN identifier 

applications received in Year 1 (2024). 

FinCEN applied the monthly probability 

of 0.0068021 (8.16 percent, the annual 

likelihood of a change in address, 

divided by 12 to find a monthly rate). 

This analysis estimated 12,180 updates 

in Year 1 (2024) and 26,575 annually 

thereafter.7 The total five-year average of 

estimated FinCEN identifier updates is 

23,696. 

Frequency of Response: As required. 

Estimated Time per Respondent: 

FinCEN anticipates that initial FinCEN 

identifier applications would require 

approximately 20 minutes (10 minutes 

to read the form and understand the 

information required, and 10 minutes to 

fill out and file the request, including 

attaching an image of an acceptable 

identification document), given that the 

information to be submitted to FinCEN 

would be readily available to the person 

requesting the FinCEN identifier. 

FinCEN estimates that updates would 

require 10 minutes (10 minutes to fill 

out and file the update). 

Estimated Total Reporting Burden 

Hours: FinCEN estimates the total 

burden hours of individuals initially 

applying for a FinCEN identifier during 

Year 1 (2024) to be 108,535,8 with an 

annual burden of 16,662 hours 

thereafter.9 The five-year average of 

initial application burdens is 35,034 

hours. FinCEN estimates the burden 

hours of individuals updating 

information related to FinCEN 

identifiers to be 2,030 in Year 1 

(2024),10 with an annual burden of 

4,429 hours thereafter.11 The five-year 

average of updated application burdens 

is 3,949 hours. The total five-year 

average of time burdens is 38,983. 

Estimated Total Reporting Cost: The 

total cost of FinCEN identifier 

applications for individuals in Year 1 

(2024) is estimated to be $6.2 million, 

with an annual cost of $945,667 

thereafter.12 The five-year average cost 

of initial applications is $1,988,431. The 

total cost of FinCEN identifier updates 

for individuals in Year 1 (2024) is 

estimated to be $115,219, with an 

annual cost of $251,386 thereafter.13

The five-year average cost of updated 

applications is $224,153. The total fiveyear average cost is $2,212,584. 

Request for Comments: An agency 

may not conduct or sponsor, and a 

person is not required to respond to, a 

collection of information unless it 

displays a valid OMB control number. 

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 technology; and (e) estimates of 

capital or start-up costs and costs of 

operation, maintenance, and purchase 

of services required to provide 

information. 

Authority: 44 U.S.C. 3501 et seq. 

Spencer W. Clark, 

Treasury PRA Clearance Officer. 

Appendix—FinCEN Identifier 

Application Summary of Data Fields 

Note: Form is only available to persons 

who have already obtained login.gov 

accounts and have signed in through 

login.gov. Lines that must be filled in for a 

report to be accepted are identified with the 

* symbol next to the line number. Italicized 

text provides a description and/or 

explanation of lines and response options for 

purposes of this PRA notice. 

Filing Information 

1. FinCEN ID (assigned by FinCEN and 

cannot be edited; populates automatically if 

individual has already applied for and 

received a FinCEN Identifier, based on the 

linkage; empty if filer has not already 

received a FinCEN Identifier) 

2. Date Last Amended (assigned by FinCEN 

and cannot be edited; populates 

automatically with the date the information 

associated with the FinCEN Identifier was 

last updated if individual has already 

applied for and received a FinCEN Identifier, 

based on the linkage between login.gov 

account and FinCEN Identifier assigned to 

the account; line 2 is empty if filer has not 

already received a FinCEN Identifier) 

Part I. Individual Information 

Full Legal Name and Date of Birth: 

3. * First name 

4. Middle name (required if individual has 

a middle name) 

5. * Last name 


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6. Suffix (required if the individual’s name 

has a suffix) 

7. * Date of birth 

Current address: (report both business 

address and residential address if the FinCEN 

ID will be used for both a Company 

Applicant and a Beneficial Owner) 

8. * Address type (check the box that 

applies to the type of address to be provided 

in lines 9–13) 

a. Residential address 

b. Business address 

9. * Address (number, street, and apt. or 

suite no.) 

10. * City 

11. * Country/Jurisdiction (select from list 

of countries/jurisdictions) 

12. * State (select from list when United 

States, Canada, or Mexico was selected in 

line 11; if a U.S. Territory was selected in line 

11, line 12 populates automatically with the 

selected U.S. Territory; if a foreign country 

was selected in line 11, line 12 remains 

empty) 

13. * ZIP/Foreign postal code 

Form of Identification and Issuing 

Jurisdiction: 

14. * Identifying document type (select one 

from list of lines 14a–14d) 

a. State-issued driver’s license 

b. State/local/Tribe-issued ID 

c. U.S. passport 

d. Foreign passport (can only be provided 

if individual does not possess document type 

listed in 14a, 14b, or 14c) 

15. * Identifying document number 

16. * Identifying document issuing 

jurisdiction (select country/jurisdiction in 

line 16a and complete lines 16b–16d if 

applicable) 

a. Country/Jurisdiction(select from list of 

countries/jurisdictions) 

b. State (select from list when the United 

States was selected in line 16a and the 

identifying document is issued by a State; if 

a U.S. Territory was selected in line 16a, line 

16b populates automatically with the 

selected U.S. Territory; if a foreign country 

was selected in line 16a, line 16b remains 

empty) 

c. Local/Tribal (select from list when the 

United States was selected in line 16a and 

the identifying document is issued by a local 

jurisdiction or Tribe; if local jurisdiction or 

Tribe is not included in the list, select 

‘‘Other’’ and go to line 16d; if a U.S. Territory 

or foreign country was selected in line 16a, 

line 16c remains empty) 

d. Other local/Tribal name (enter name of 

local jurisdiction or Tribe that was not 

included in the list for line 16c) 

17. * Identifying document image (attach 

image of identifying document referred to in 

lines 14–16) (upload instructions will be 

provided here) 

Certification 

18. * I certify that the information 

furnished is true, correct, and complete. I 

understand that the willful provision to 

FinCEN of false or fraudulent information in 

this application may result in civil or 

criminal penalties. 

a. I agree (check the box to certify) 

[FR Doc. 2023–21325 Filed 9–28–23; 8:45 am] 

BILLING CODE 4810–02–P 

DEPARTMENT OF THE TREASURY 

Agency Information Collection 

Activities; Submission for OMB 

Review; Comment Request; Multiple 

Tax and Trade Bureau Information 

Collection Requests 

AGENCY: Departmental Offices, 

Department of the Treasury. 

ACTION: Notice of information collection; 

request for comment. 

SUMMARY: The Department of the 

Treasury will submit the following 

information collection requests to the 

Office of Management and Budget 

(OMB) for review and clearance in 

accordance with the Paperwork 

Reduction Act of 1995, on or after the 

date of publication of this notice. The 

public is invited to submit comments on 

these requests. 

DATES: Comments should be received on 

or before October 30, 2023 to be assured 

of consideration. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

FOR FURTHER INFORMATION CONTACT: 

Copies of the submissions may be 

obtained from Spencer W. Clark by 

emailing PRA@treasury.gov, calling 

(202) 927–5331, or viewing the entire 

information collection request at 

www.reginfo.gov. 

SUPPLEMENTARY INFORMATION: 

Alcohol and Tobacco Tax and Trade 

Bureau (TTB) 

(1) Title: Tax Information 

Authorization. 

OMB Control Number: 1513–0001. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: In general, the Internal 

Revenue Code (IRC) at 26 U.S.C. 6103 

protects the privacy of taxpayer 

information by, among other things, 

prohibiting the disclosure of tax returns 

and taxpayer information to 

unauthorized persons. However, under 

26 U.S.C. 6103(c), a taxpayer may 

authorize a representative to receive 

otherwise confidential tax information. 

Under that IRC authority and the related 

Department of Treasury regulations, the 

Alcohol and Tobacco Tax and Trade 

Bureau (TTB) requires a taxpayer to file 

form TTB F 5000.19 to authorize a 

representative, who does not have a 

power of attorney, to receive otherwise 

confidential information regarding the 

taxpayer. TTB uses the information 

provided on this form to properly 

identify the taxpayer’s designated 

representative and the scope of that 

representative’s authority to obtain 

otherwise confidential information 

about the taxpayer. 

Form: TTB F 5000.19. 

Affected Public: Businesses or other 

for-profits, Individuals or households. 

Estimated Number of Respondents: 

10. 

Frequency of Response: On occasion. 

Estimated Total Number of Annual 

Responses: 10. 

Estimated Time per Response: 1 hour. 

Estimated Total Annual Burden 

Hours: 10. 

(2) Title: Referral of Information. 

OMB Control Number: 1513–0013. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Description: Alcohol and Tobacco Tax 

and Trade Bureau (TTB), during the 

course of their duties, sometimes 

discover apparent violations of statutes 

and regulations under the jurisdiction of 

State and local government agencies. 

Using form TTB F 5000.21, Referral of 

Information, TTB personnel submit 

information regarding such violations to 

such external agencies, if disclosure is 

authorized under 26 U.S.C. 6103 or 

other Federal laws. The referral form 

includes a section for the external 

agency to respond to TTB regarding its 

action on the referral. This form 

provides TTB with a consistent means 

of conveying relevant information to 

external agencies, and it facilitates 

information-sharing between TTB and 

external agencies to support 

enforcement efforts. The response that 

TTB requests from these State and local 

government agencies also provides 

information as to the utility of the 

referrals and potential enforcement 

actions that these external agencies take 

against the same entities that TTB 

regulates. 

Form: TTB F 5000.21. 

Affected Public: Businesses or other 

for-profits. 

Estimated Number of Respondents: 

100. 

Frequency of Response: On occasion. 

Estimated Total Number of Annual 

Responses: 100. 

Estimated Time per Response: 1 hour. 

Estimated Total Annual Burden 

Hours: 100. 


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