Federal Register / Vol. 88, No. 221 / Friday, November 17, 2023 / Notices 80389 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Comment Request 

Relating to Requests for Miscellaneous 

Determination 

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 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 

requests for Miscellaneous 

Determination by Organizations Exempt 

Under section 501(c)(3). Form 8940, 

Request for Miscellaneous 

Determination, can be filed 

electronically. 

DATES: Written comments should be 

received on or before January 16, 2024 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Andres Garcia, Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224 or 

by email to pra.comments@irs.gov. 

Please reference ‘‘OMB Control Number 

1545–2211’’ in the subject line of the 

message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this collection should be 

directed to Sara Covington, (202) 317– 

5744 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: Request for Miscellaneous 

Determination. 

OMB Number: 1545–2211. 

Form Number(s): 8940. 

Abstract: Organizations exempt under 

section 501(c)(3) may file Form 8940 for 

miscellaneous determinations under 

sections 507, 509(a), 4940, 4942, 4945, 

and 6033. Nonexempt charitable trusts 

may also file a Form 8940 for an initial 

determination under section 509(a)(3). 

Current Actions: There is no change to 

the burden previously approved by 

OMB. This request is being submitted 

for renewal purposes. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Not-for-profit 

institutions. 

Estimated Number of Respondents: 

2,100. 

Estimated Time per Respondent: 13 

hours, 47 min. 

Estimated Total Annual Burden 

Hours: 28,959. 

The following paragraph applies to all 

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 if 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. 

Desired Focus of Comments: The 

Internal Revenue Service (IRS) is 

particularly interested in comments 

that: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including using 

appropriate automated, electronic, 

mechanical, or other technological 

collection techniques or other forms of 

information technology, e.g., by 

permitting electronic submissions of 

responses. 

Comments submitted in response to 

this notice will be summarized and/or 

included in the ICR for OMB approval 

of the extension of the information 

collection; they will also become a 

matter of public record. 

Approved: October 31, 2023. 

Sara L. Covington, 

IRS Tax Analyst. 

[FR Doc. 2023–25409 Filed 11–16–23; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Survey of U.S. Ownership of Foreign 

Securities as of December 31, 2023 

AGENCY: Departmental Offices, 

Department of the Treasury. 

ACTION: Notice of reporting 

requirements. 

SUMMARY: By this Notice, the 

Department of the Treasury is informing 

the public that it is conducting a 

mandatory survey of ownership of 

foreign securities by U.S. residents as of 

December 31, 2023. This Notice 

constitutes legal notification to all 

United States persons (defined below) 

who meet the reporting requirements set 

forth in this Notice that they must 

respond to, and comply with, this 

survey. The reporting form SHCA (2023) 

and instructions may be printed from 

the internet at: https://

home.treasury.gov/data/treasuryinternational-capital-tic-system-homepage/tic-forms-instructions/forms-shc. 

SUPPLEMENTARY INFORMATION: 

Definition: Pursuant to 22 U.S.C. 

3102(3) and (4): a person means any 

individual, branch, partnership, 

associated group, association, estate, 

trust, corporation, or other organization 

(whether or not organized under the 

laws of any State), and any government 

(including a foreign government, the 

United States Government, a State or 

local government, and any agency, 

corporation, financial institution, or 

other entity or instrumentality thereof, 

including a government-sponsored 

agency); and a United States person 

means any person resident in the United 

States or subject to the jurisdiction of 

the United States. 

Who Must Report: The reporting panel 

is based upon the data submitted for the 

2022 annual survey and the June 2023 

TIC report ‘‘Aggregate Holdings, 

Purchases and Sales, and Fair Value 

Changes of Long-Term Securities by 

U.S. and Foreign Residents’’ (TIC SLT). 

Entities required to report will be 

contacted individually by the Federal 

Reserve Bank of New York. Entities not 

contacted by the Federal Reserve Bank 

of New York have no reporting 

responsibilities. 

What To Report: This report will 

collect information on holdings by U.S. 

residents of foreign securities, including 

equities, long-term debt securities, and 

short-term debt securities (including 

selected money market instruments). 

How To Report: Copies of the survey 

forms and instructions, which contain 

complete information on reporting 

procedures and definitions, may be 

obtained at the website address given 

above in the Summary. Completed 

reports can be submitted electronically 

or via email at SHC.help@ny.frb.org. 

Inquiries can be made to the survey staff 

of the Federal Reserve Bank of New 

York at (212) 720–6300 or email: 

SHC.help@ny.frb.org. Inquiries can also 


khammond on DSKJM1Z7X2PROD with NOTICES