1660 Federal Register / Vol. 83, No. 9 / Friday, January 12, 2018 / Notices 

Internal Revenue Service (IRS) 

Title: Treaty-Based Return Position 

Disclosure Under Section 6114 or 

7701(b). 

OMB Control Number: 1545–1354. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Revenue Procedure 2010–19 

provides guidance for individuals who 

emigrate from Canada and wish to make 

an election for U.S. federal income tax 

purposes. Form 8833 is used by 

taxpayers to make the treaty-based 

return position disclosure required by 

section 6114. The form must also be 

used by dual-resident taxpayers to make 

the treaty-based return position 

disclosure required by Regulations 

section 301.7701(b)–7. 

Form: 8833. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 25,740. 

Title: T.D. 8743, Sale of Residence 

from Qualified Personal Residence 

Trust. 

OMB Control Number: 1545–1485. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: This document contains 

previously approved final regulations 

permitting the reformation of a personal 

residence trust or a qualified personal 

residence trust in order to comply with 

the applicable requirements for such 

trusts. The final regulations also provide 

that the governing instruments of such 

trusts must prohibit the sale of a 

residence held in the trust to the grantor 

of the trust, the grantor’s spouse, or an 

entity controlled by the grantor or the 

grantor’s spouse. 

Form: None. 

Affected Public: Individuals or 

Households. 

Estimated Total Annual Burden 

Hours: 625. 

Title: TD 8684—Treatment of Gain 

From the Disposition of Interest in 

Certain Natural Resource Recapture 

Property by S Corporations and Their 

Shareholders. 

OMB Control Number: 1545–1493. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: This regulation prescribes 

rules under Code section 1254 relating 

to the treatment by S corporations and 

their shareholders of gain from the 

disposition of natural resource recapture 

property and from the sale or exchange 

of S corporation stock. Section 

1.1254(c)(2) of the regulation provides 

that gain recognized on the sale or 

exchange of S corporation stock is not 

treated as ordinary income if the 

shareholder attaches a statement to his 

or her return containing information 

establishing that the gain is not 

attributable to section 1254 costs. 

Form: None. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 1,000. 

Title: Rev. Proc. 99–21 Disability 

Suspension. 

OMB Control Number: 1545–1649. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: The information is needed 

to establish a claim that a taxpayer was 

financially disabled for purposes of 

section 6511(h) of the Internal Revenue 

Code (which was added by section 3203 

of the Internal Revenue Service 

Restructuring and Reform Act of 1998). 

Under section 6511(h), the statute of 

limitations on claims for credit or 

refund is suspended for any period of an 

individual taxpayer’s life during which 

the taxpayer is unable to manage his or 

her financial affairs because of a 

medically determinable mental or 

physical impairment, if the impairment 

can be expected to result in death, or 

has lasted (or can be expected to last) for 

a continuous period of not less than 12 

months. Section 6511(h)(2)(A) requires 

that proof of the taxpayer’s financial 

disability be furnished to the Internal 

Revenue Service. 

Form: None. 

Affected Public: Individuals or 

Households. 

Estimated Total Annual Burden 

Hours: 24,100. 

Title: Continuation Sheet for Item # 15 

(Additional Information) OF–306, 

Declaration for Federal Employment. 

OMB Control Number: 1545–1921. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: Form 12114 is used by 

recruitment personnel of the Covington 

Host Site. This form is provided to 

applicants when completing OF 306, 

Declaration for Federal Employment. It 

is used as a continuation sheet to clearly 

define additional information that is 

requested in item 15 of the OF 306. Due 

to lack of space on the OF 306 this form 

can be used in lieu of an additional 

sheet of paper. The authority to request 

this information is in 5 U.S.C. 3301 and 

3304. 

Form: 12114. 

Affected Public: Individuals or 

Households. 

Estimated Total Annual Burden 

Hours: 6,203. 

Title: Form 8879–EX, IRS e-file 

Signature Authorization for Forms 720, 

2290, and 8849. 

OMB Control Number: 1545–2081. 

Type of Review: Reinstatement 

without change of a previously 

approved collection. 

Abstract: The Form 8879–EX, IRS efile Signature Authorization for Forms 

720, 2290, and 8849, will be used in the 

Modernized e-File program. Form 8879– 

EX authorizes an a taxpayer and an 

electronic return originator (ERO) to use 

a personal identification number (PIN) 

to electronically sign an electronic 

excise tax return and, if applicable, 

authorize an electronic funds 

withdrawal. 

Form: 8879–EX. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 46,800. 

Title: Election to Expense Certain 

Refineries. 

OMB Control Number: 1545–2103. 

Type of Review: Extension without 

change of a currently approved 

collection. 

Abstract: The regulations provide 

guidance with respect to section 179C of 

the Internal Revenue Code, which 

provides a taxpayer can elect to treat 

50% of the cost of ‘‘qualified refinery 

property’’ as a deductible expense not 

chargeable to capital account. The 

taxpayer makes an election under 

section 179C by entering the amount of 

the deduction at the appropriate place 

on the taxpayer’s timely filed original 

federal income tax return for the taxable 

year in which the qualified refinery 

property is placed in service and by 

attaching a report specifying (a) the 

name and address of the refinery and (b) 

the production capacity requirement 

under which the refinery qualifies. 

Form: None. 

Affected Public: Businesses or other 

for-profits. 

Estimated Total Annual Burden 

Hours: 120. 

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

Dated: January 8, 2018. 

Spencer Clark, 

Treasury PRA Clearance Officer. 

[FR Doc. 2018–00416 Filed 1–11–18; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Debt Management Advisory Committee 

Meeting 

Notice is hereby given, pursuant to 5 

U.S.C. App. 2, 10(a)(2), that a meeting 

will be held at the Hay-Adams Hotel, 


sradovich on DSK3GMQ082PROD with NOTICES
Federal Register / Vol. 83, No. 9 / Friday, January 12, 2018 / Notices 1661 

16th Street and Pennsylvania Avenue 

NW, Washington, DC, on January 30, 

2018 at 9:30 a.m. of the following debt 

management advisory committee: 

Treasury Borrowing Advisory 

Committee of The Securities Industry 

and Financial Markets Association. 

The agenda for the meeting provides 

for a charge by the Secretary of the 

Treasury or his designate that the 

Committee discuss particular issues and 

conduct a working session. Following 

the working session, the Committee will 

present a written report of its 

recommendations. The meeting will be 

closed to the public, pursuant to 5 

U.S.C. App. 2, 10(d) and Public Law 

103–202, 202(c)(1)(B)(31 U.S.C. 3121 

note). 

This notice shall constitute my 

determination, pursuant to the authority 

placed in heads of agencies by 5 U.S.C. 

App. 2, 10(d) and vested in me by 

Treasury Department Order No. 101–05, 

that the meeting will consist of 

discussions and debates of the issues 

presented to the Committee by the 

Secretary of the Treasury and the 

making of recommendations of the 

Committee to the Secretary, pursuant to 

Public Law 103–202, 202(c)(1)(B). Thus, 

this information is exempt from 

disclosure under that provision and 5 

U.S.C. 552b(c)(3)(B). In addition, the 

meeting is concerned with information 

that is exempt from disclosure under 5 

U.S.C. 552b(c)(9)(A). The public interest 

requires that such meetings be closed to 

the public because the Treasury 

Department requires frank and full 

advice from representatives of the 

financial community prior to making its 

final decisions on major financing 

operations. Historically, this advice has 

been offered by debt management 

advisory committees established by the 

several major segments of the financial 

community. When so utilized, such a 

committee is recognized to be an 

advisory committee under 5 U.S.C. App. 

2, 3. 

Although the Treasury’s final 

announcement of financing plans may 

not reflect the recommendations 

provided in reports of the Committee, 

premature disclosure of the Committee’s 

deliberations and reports would be 

likely to lead to significant financial 

speculation in the securities market. 

Thus, this meeting falls within the 

exemption covered by 5 U.S.C. 

552b(c)(9)(A). 

Treasury staff will provide a technical 

briefing to the press on the day before 

the Committee meeting, following the 

release of a statement of economic 

conditions and financing estimates. This 

briefing will give the press an 

opportunity to ask questions about 

financing projections. The day after the 

Committee meeting, Treasury will 

release the minutes of the meeting, any 

charts that were discussed at the 

meeting, and the Committee’s report to 

the Secretary. 

The Office of Debt Management is 

responsible for maintaining records of 

debt management advisory committee 

meetings and for providing annual 

reports setting forth a summary of 

Committee activities and such other 

matters as may be informative to the 

public consistent with the policy of 5 

U.S.C. 552(b). The Designated Federal 

Officer or other responsible agency 

official who may be contacted for 

additional information is Fred 

Pietrangeli, Director for Office of Debt 

Management (202) 622–1876. 

Dated: January 8, 2018. 

Fred Pietrangeli, 

Director for Office of Debt Management. 

[FR Doc. 2018–00384 Filed 1–11–18; 8:45 am] 

BILLING CODE 4810–25–M 

U.S.-CHINA ECONOMIC AND 

SECURITY REVIEW COMMISSION 

Notice of Open Public Hearing 

AGENCY: U.S.-China Economic and 

Security Review Commission. 

ACTION: Notice of open public hearing. 

SUMMARY: Notice is hereby given of the 

following hearing of the U.S.-China 

Economic and Security Review 

Commission. 

The Commission is mandated by 

Congress to investigate, assess, and 

report to Congress annually on ‘‘the 

national security implications of the 

economic relationship between the 

United States and the People’s Republic 

of China.’’ Pursuant to this mandate, the 

Commission will hold a public hearing 

in Washington, DC, on January 25, 2018 

on ‘‘China’s Belt and Road Initiative: 

Five Years Later.’’ 

DATES: The hearing is scheduled for 

Thursday, January 25, 2018 from 9:30 

a.m. to 3:15 p.m. 

ADDRESSES: TBD, Washington, DC. A 

detailed agenda for the hearing will be 

posted on the Commission’s website at 

www.uscc.gov. Also, please check the 

Commission’s website for possible 

changes to the hearing schedule. 

Reservations are not required to attend 

the hearing. 

FOR FURTHER INFORMATION CONTACT: Any 

member of the public seeking further 

information concerning the hearing 

should contact Leslie Tisdale, 444 North 

Capitol Street NW, Suite 602, 

Washington, DC 20001; telephone: 202– 

624–1496, or via email at ltisdale@

uscc.gov. Reservations are not required 

to attend the hearing. 

SUPPLEMENTARY INFORMATION: 

Background: This is the first public 

hearing the Commission will hold 

during its 2018 report cycle. This 

hearing will assess the status of China’s 

Belt and Road initiative five years on, 

focusing on its economic, military, and 

geostrategic drivers and implications, as 

well as regional reactions and 

competing visions. The hearing will also 

explore how China’s Belt and Road 

initiative impacts U.S. economic and 

national security interests. The hearing 

will be co-chaired by Commissioners 

Dennis Shea and Katherine Tobin. Any 

interested party may file a written 

statement by January 25, 2018, by 

mailing to the contact above. A portion 

of each panel will include a question 

and answer period between the 

Commissioners and the witnesses. 

Authority: Congress created the U.S.- 

China Economic and Security Review 

Commission in 2000 in the National 

Defense Authorization Act (Public Law 

106–398), as amended by Division P of 

the Consolidated Appropriations 

Resolution, 2003 (Public Law 108–7), as 

amended by Public Law 109–108 

(November 22, 2005), as amended by 

Public Law 113–291 (December 19, 

2014). 

Date: January 9, 2018. 

Kathleen Wilson, 

Finance and Operations Director, U.S.-China 

Economic and Security Review Commission. 

[FR Doc. 2018–00464 Filed 1–11–18; 8:45 am] 

BILLING CODE 1137–00–P 


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