30-Day FRN

Federal Register / Vol. 90, No. 237 / Friday, December 12, 2025 / Notices

khammond on DSK9W7S144PROD with NOTICES

taxpayer’s method of accounting, the
foreign tax credit is allowed only to the
extent the foreign income taxes are
ultimately both owed and actually
remitted to the foreign country. For
accrual method taxpayers, IRC section
461(f) (flush language), section 1.461–
2(a)(2)(i), and section 1.905–1(d)(3)
provide that a foreign income tax
liability that is contested does not
accrue and is not creditable until the
contest is resolved. For cash method
taxpayers, a foreign income tax liability
that is contested is not a reasonable
approximation of the taxpayer’s final
foreign income tax liability and, thus,
under section 1.901–2(e)(2)(i), is not
considered an amount of tax paid for
purposes of section 901 until the contest
is resolved. However, sections 1.905–
1(c)(3) and 1.905–1(d)(4) allow
taxpayers to make an election to claim
a provisional foreign tax credit for a
contested foreign income tax liability to
the extent that the taxpayer has remitted
the contested tax to the foreign country.
As a condition for making this election,
the taxpayer must enter into a
provisional foreign tax credit agreement,
in which the taxpayer gives the IRS
information regarding the contested
foreign income tax liability and agrees
to comply with the conditions of the
election, including agreeing to not to
assert the statute of limitations on
assessment as a defense to assessment of
taxes and interest by the IRS with
respect to the contested tax for a period
of three years from the year in which
taxpayer notifies the IRS of the
resolution of the contest. See section
1.905–1(d)(4)(ii). Form 7204 must be
used for elections to claim a provisional
credit for contested foreign income taxes
as provided in Regulations sections
1.905–1(c)(3) and 1.905–1(d)(4).
Current Actions: There is no change to
the paperwork burden previously
approved by OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations.

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Estimated Number of Responses:
11.400.
Estimated Time per Response: 2
hours.
Estimated Total Annual Burden
Hours: 22,800 hours.
Dated: December 8, 2025.
Kerry Dennis,
Tax Analyst.
[FR Doc. 2025–22608 Filed 12–11–25; 8:45 am]
BILLING CODE 4830–01–P

DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–NEW]

Agency Information Collection Activity
Under OMB Review: Document
Evidence Submission
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act (PRA) of
1995, this notice announces that the
Veterans Benefits Administration
(VBA), Department of Veterans Affairs,
will submit the collection of
information abstracted below to the
Office of Management and Budget
(OMB) for review and comment. The
PRA submission describes the nature of
the information collection and its
expected cost and burden, and it
includes the actual data collection
instrument.

SUMMARY:

Comments and
recommendations for the proposed
information collection should be sent by
January 12, 2026.
ADDRESSES: To submit comments and
recommendations for the proposed
information collection, please type the
following link into your browser:
www.reginfo.gov/public/do/PRAMain,
select ‘‘Currently under Review—Open
for Public Comments’’, then search the
list for the information collection by
Title or ‘‘OMB Control No. 2900–NEW.’’
DATES:

PO 00000

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VA
PRA information: Dorothy Glasgow,
202–461–1084, VAPRA@va.gov.
SUPPLEMENTARY INFORMATION:
Title: Document Evidence Submission
(VA Form 20–10208).
OMB Control Number: 2900–NEW.
https://www.reginfo.gov/public/do/
PRASearch.
Type of Review: New collection.
Abstract: VA Form 20–10208
(previously under OMB control number
2900–0877) is used by claimants
submitting additional evidence or
information in support of a claim or
used to update information on a
claimant’s VA account. This proposal
requests to assign a new control number
and an additional use by a claimant
when submitting evidence as part of a
pre-discharge claim. Without this
information, VA would not be able to
efficiently and successfully process and
associate evidence or information of
record to a claimant’s file which could
negatively affect adjudication and
decisions made by VA.
An agency may not conduct or
sponsor, and a person is not required to
respond to a collection of information
unless it displays a currently valid OMB
control number. The Federal Register
Notice with a 60-day comment period
soliciting comments on this collection
of information was published at insert
citation date: 90 FR 43511, September 9,
2025.
Affected Public: Individuals or
Households.
Estimated Annual Burden: 6,832
hours.
Estimated Average Burden per
Respondent: 5 minutes.
Frequency of Response: One time.
Estimated Number of Respondents:
81,981 per year.
Authority: 44 U.S.C. 3501 et seq.
FOR FURTHER INFORMATION CONTACT:

Lanea Haynes,
Acting, VA PRA Clearance Officer, Alt Office
of Information Technology, Data Governance
Analytics, Department of Veterans Affairs.
[FR Doc. 2025–22687 Filed 12–11–25; 8:45 am]
BILLING CODE 8320–01–P

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