Search Results for citation:"86 FR 6416"

Found 2 results

Search Results: citation:"86 FR 6416"

💰 Only
Oldest Newest
  • 2021-01168 — Proposed Collection; Comment Request for Regulation Project
    Type:Notice
    Citation:86 FR 6416
    Reading Time:about 2 minutes

    The Internal Revenue Service (IRS) is requesting comments from the public and other federal agencies on the paperwork related to the Diesel Fuel and Kerosene Excise Tax, as required by the Paperwork Reduction Act of 1995. The IRS aims to reduce the paperwork burden while ensuring that diesel fuel and kerosene used for non-taxable purposes are properly dyed according to regulations. The public is invited to share feedback on aspects such as the necessity and utility of the information collection, methods to improve it, and ways to reduce the burden on respondents. Comments are due by March 22, 2021, and will be included in the IRS's request for approval from the Office of Management and Budget (OMB).

    Simple Explanation

    The IRS wants to hear from people about how they can make it easier for companies to report on how they handle special dyes in diesel and kerosene fuel. They're asking for ideas to make this paperwork less of a hassle, and they want people to share their thoughts by a certain date.

  • 2020-29153 — Notice of OFAC Sanctions Actions
    Type:Notice
    Citation:86 FR 6416
    Reading Time:about a minute or two

    The Department of the Treasury's Office of Foreign Assets Control (OFAC) has added individuals to its Specially Designated Nationals and Blocked Persons List. This action blocks all property and property interests within U.S. jurisdiction of these individuals, prohibiting U.S. persons from transacting with them. Two individuals from Venezuela, Lorena Carolina Cornelies Ruiz and Ramon Antonio Torres Espinoza, have been specifically identified based on legal criteria. The list and additional information are available on OFAC's website.

    Simple Explanation

    The Treasury Department has put some people's names on a list that says U.S. people can't do business with them because they broke some rules. These people, Lorena and Ramon from Venezuela, had all their things in the U.S. stopped because of these rules.