51966 Federal Register / Vol. 86, No. 178 / Friday, September 17, 2021 / Notices 

Type of Review: Extension of a current 

OMB approval. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Responses: 

75,150. 

Estimated Time per Response: 2 

hours, 56 minutes. 

Estimated Total Annual Burden 

Hours: 220,575. 

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: August 26, 2021. 

ChaKinna B. Clemons, 

Supervisory Tax Analyst. 

[FR Doc. 2021–20073 Filed 9–16–21; 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, 

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 proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning 

guidance necessary to facilitate business 

electronic filing under section 1561, 

guidance necessary to facilitate business 

electronic filing and reduction, 

guidance necessary to facilitate business 

election filing, finalization of controlled 

group qualification rules and limitations 

on the importation of net built-in losses. 

DATES: Written comments should be 

received on or before November 16, 

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 LaNita Van Dyke, (202) 317– 

6009, Internal Revenue Service, Room 

6526, 1111 Constitution Avenue NW, 

Washington, DC 20224, or through the 

internet at Lanita.VanDyke@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: T.D. 9304—Guidance Necessary 

to Facilitate Business Electronic Filing 

Under Section 1561, T.D. 9329— 

Guidance Necessary to Facilitate 

Business Electronic Filing and Burden 

Reduction, T.D. 9451—Guidance 

Necessary to Facilitate Business 

Election Filing; Finalization of 

Controlled Group Qualification Rules 

and T.D. 9759—Limitations on the 

Importation of Net Built-In Losses. 

OMB Number: 1545–2019. 

Regulation Project Numbers: TD 

9304(REG–161919–05), TD 

9329(REG134317–05), TD 9451(REG– 

161919–05) and TD 9759(REG–161948– 

05). 

Abstract: TD 9304 regulations provide 

guidance to taxpayers regarding how to 

allocate the amounts of tax benefit items 

under section 1561(a) amongst the 

component members of a controlled 

group of corporations which have an 

apportionment plan in effect. TD 9329 

contains final regulations that simplify, 

clarify, or eliminate reporting burdens 

and also eliminate regulatory 

impediments to the electronic filing of 

certain statements that taxpayers are 

required to include on or with their 

Federal income tax returns. TD 9451 

provides guidance to taxpayers for 

determining which corporations are 

included in a controlled group of 

corporations. TD 9759 provides 

guidance for preventing the importation 

of loss when a corporation that is 

subject to U.S. income tax acquires loss 

property tax-free in certain transactions 

and the loss in the acquired property 

accrued outside the U.S. tax system by 

requiring the bases of the assets received 

to be equal to value. 

Current Actions: There are no changes 

to these existing regulations. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

225,000. 

Estimated Time per Respondent: 1 hr., 

40 minutes. 

Estimated Total Annual Burden 

Hours: 375,000. 

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: August 26, 2021. 

Chakinna B. Clemons, 

Supervisory Tax Analyst. 

[FR Doc. 2021–20067 Filed 9–16–21; 8:45 am] 

BILLING CODE 4830–01–P