Federal Register / Vol. 86, No. 170 / Tuesday, September 7, 2021 / Notices 50209 

Request for Comments 

Comments submitted in response to 

this notice will be summarized and 

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 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 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 

required to provide information. 

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

Dated: September 1, 2021. 

Bradley T. Smith, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2021–19255 Filed 9–3–21; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Comment Request 

on Burden Related to the Allocation of 

Expenses by Real Estate Mortgage 

Investment Conduits 

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 proposed and/or 

continuing information collections, as 

required by the Paperwork Reduction 

Act of 1995. Currently, the IRS is 

soliciting comments concerning the 

burden related to real estate mortgage 

conduits; reporting requirements and 

other administrative matters; and 

allocation of allocable investment 

expense; original issue discount 

reporting requirements. 

DATES: Written comments should be 

received on or before November 8, 2021 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Kinna Brewington, Internal Revenue 

Service, Room 6529, 1111 Constitution 

Avenue NW, Washington, DC 20224. 

Requests for additional information or 

copies of the regulations should be 

directed to R. Joseph Durbala, at Internal 

Revenue Service, Room 6129, 1111 

Constitution Avenue NW, Washington 

DC 20224, or through the internet, at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Allocation of expenses by real 

estate mortgage investment conduits. 

OMB Number: 1545–1018. 

Regulation Project Number: TD 8366 

and TD 8431. 

Abstract: In general, a REMIC is a 

fixed pool of mortgages in which 

multiple classes of interests are held by 

investors and which elects to be taxed 

as a REMIC. The regulations under 

section 860D prescribe the way an entity 

elects status as a REMIC. The 

regulations under section 860F govern 

the filing of the REMIC’s income tax 

return and, together with the regulations 

under sections 67 and 6049 require 

notice of income and other information 

to be provided to REMIC investors and 

the Internal Revenue Service. Investors 

use the information provided in sections 

67 and 6049 while completing their 

income tax returns. The Internal 

Revenue Service will use this 

information to determine that taxpayers 

are complying with the applicable tax 

laws. 

Current Actions: There is no change to 

the burden previously approved. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit. 

Estimated Number of Responses: 

9,725 

Estimated Time per Respondent: 6 

minutes. 

Estimated Total Annual Burden 

Hours: 978. 

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: September 1, 2021. 

Ronald J. Durbala, 

IRS Tax Analyst. 

[FR Doc. 2021–19182 Filed 9–3–21; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Extension of Information 

Collection Request Submitted for 

Public Comment; Requirements 

Related to Energy Efficient Homes 

Credit; Manufactured Homes 

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 proposed and/or 

continuing information collections, as 

required by the Paperwork Reduction 

Act of 1995. Currently, the IRS is 

soliciting comments concerning the 

guidance for taxpayers regarding 

information collection requirements 

related to energy efficient homes credit, 

manufactured homes. 


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