Authority To Charge Fees for Furnishing Copies of Exempt Organizations' Material Open to Public Inspection, 704-705 [05-199]
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704
Federal Register / Vol. 70, No. 3 / Wednesday, January 5, 2005 / Rules and Regulations
DEPARTMENT OF THE TREASURY
Special Analyses
Internal Revenue Service
It has been determined that this
Treasury decision is not a significant
regulatory action as defined in
Executive Order 12866. Therefore, a
regulatory assessment is not required. It
also has been determined that section
553(b) of the Administrative Procedure
Act (5 U.S.C. chapter 5) does not apply
to these regulations. In addition,
because these regulations do not impose
a collection of information on small
entities, the Regulatory Flexibility Act
(5 U.S.C. chapter 6) does not apply.
Pursuant to section 7805(f) of the Code,
this document has been submitted to the
Small Business Administration for
comment on its impact on small
business.
26 CFR Parts 1 and 602
[TD 9174]
RIN 1545–BD75
Substantial Understatement of Income
Tax Liability
Internal Revenue Service (IRS),
Treasury.
ACTION: Final regulations.
AGENCY:
SUMMARY: This document removes
regulations relating to the addition to
tax in the case of a substantial
understatement of income tax liability
and corrects an obsolete cross reference.
The Internal Revenue Code (Code)
provision imposing the addition to tax
and cited in the cross reference was
repealed in 1989. The changes made by
this document will not affect taxpayers
because the addition to tax does not
apply to returns with a due date after
December 31, 1989 (determined without
regard to extensions).
DATES: The changes made by this
document are effective January 5, 2005.
FOR FURTHER INFORMATION CONTACT:
Audra M. Dineen, (202) 622–4940 (not
a toll-free number).
SUPPLEMENTARY INFORMATION:
Background and Explanation of
Provisions
Section 6661 of the Code, as in effect
before its repeal in 1989, imposed an
addition to tax equal to 25 percent of the
amount of the underpayment of tax
attributable to any substantial
understatement of income tax liability
for a taxable year. Sections 1.6661–1
through 1.6661–6 of the Income Tax
Regulations (26 CFR part 1) provided
rules for determining whether an
addition to tax should be imposed and
for computing the amount of any such
addition.
The Omnibus Budget Reconciliation
Act of 1989, Public Law 101–239 (103
Stat. 2106), repealed section 6661
effective for tax returns due after
December 31, 1989 (determined without
regard to extensions) and substituted, in
section 6662, an accuracy-related
penalty applicable to those returns. The
repeal of section 6661 has rendered
§§ 1.6661–1 through 1.6661–6 obsolete.
This Treasury decision removes those
provisions and corrects an obsolete
cross reference to section 6661 in the
regulations under section 448 (relating
to the limitation on the use of the cash
method of accounting).
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16:19 Jan 04, 2005
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Drafting Information
PART 602—OMB CONTROL NUMBERS
UNDER THE PAPERWORK
REDUCTION ACT
I Par. 4. The authority citation for part
602 continues to read as follows:
Authority: 26 U.S.C. 7805.
Par. 5. In § 602.101, paragraph (b) is
amended by removing the entries for
‘‘1.6661–3’’ and ‘‘1.6661–4’’ from the
table.
I
Approved: December 9, 2004.
Mark Matthews,
Deputy Commissioner for Services and
Enforcement.
Gregory Jenner,
Acting Assistant Secretary of the Treasury
(Tax Policy).
[FR Doc. 05–200 Filed 1–4–05; 8:45 am]
BILLING CODE 4830–01–P
The principal author of this document
is Audra M. Dineen of the Office of
Associate Chief Counsel, Procedure and
Administration (Administrative
Provisions and Judicial Practice
Division).
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 301
List of Subjects
[TD 9173]
26 CFR Part 1
RIN 1545–BB22
Income taxes, Reporting and
recordkeeping requirements.
Authority To Charge Fees for
Furnishing Copies of Exempt
Organizations’ Material Open to Public
Inspection
26 CFR Part 602
Reporting and recordkeeping
requirements.
Adoption of Amendments to the
Regulations
Accordingly, 26 CFR parts 1 and 602
are amended as follows:
I
PART 1—INCOME TAXES
Paragraph 1. The authority citation for
part 1 continues to read, in part, as
follows:
I
Authority: 26 U.S.C. 7805 * * *
I Par. 2. In § 1.448–1T, paragraph
(b)(1)(iii) is revised to read as follows:
§ 1.448–1T Limitation on the use of the
cash receipts and disbursements method of
accounting (temporary).
*
*
*
*
*
(b) * * *
(1) * * *
(iii) Tax shelter within the meaning of
section 6662(d)(2)(C).
*
*
*
*
*
§§ 1.6661–1 through 1.6661–6
[Removed]
I Par. 3. Sections 1.6661–1 through
1.6661–6 are removed.
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Internal Revenue Service (IRS),
Treasury.
ACTION: Final regulations.
AGENCY:
SUMMARY: These final regulations adopt
as final without change the temporary
regulations published in the Federal
Register on July 9, 2003, which
amended the then-existing regulations
regarding fees for copies of exempt
organizations’ material the IRS must
make available to the public under
section 6104 of the Internal Revenue
Code (Code). These final regulations
also adopt as final without change the
conforming amendment included in the
temporary regulations concerning the
fees that an exempt organization may
charge for furnishing copies of such
material when required to do so.
DATES: These final regulations are
effective January 5, 2005.
FOR FURTHER INFORMATION CONTACT:
Sarah Tate, 202–622–4560 (not a tollfree number).
SUPPLEMENTARY INFORMATION:
Background
The temporary regulations published
at 68 FR 40768, July 9, 2003, amended
the then-existing regulations to make
clear that any fee assessed by the IRS for
E:\FR\FM\05JAR1.SGM
05JAR1
Federal Register / Vol. 70, No. 3 / Wednesday, January 5, 2005 / Rules and Regulations
furnishing copies of documents required
to be made publicly available under
section 6104 of the Code shall be no
more than the fee under the IRS’
Freedom of Information Act (FOIA) fee
schedule. Those temporary regulations
also amended the then-existing
regulations to make clear that that an
exempt organization may charge the
applicable per-page copying fee under
the IRS’ FOIA fee schedule for any
number of pages, without regard to the
fee exclusion applicable to the IRS for
the first 100 pages.
The IRS simultaneously published a
notice of proposed rulemaking at 68 FR
40849, July 9, 2003, with a crossreference to the text of the temporary
regulations. The notice of proposed
rulemaking invited public comment on
the temporary regulations. The IRS has
not received any public comments or
any request for a public hearing. The
IRS has not identified any reason that
the text of the temporary regulations
should be altered. The text of the
temporary rule, now adopted as final, is
identical to the text of that proposed
rule.
Special Analyses
It has been determined that these final
regulations are not a significant
regulatory action as defined in
Executive Order 12866. Therefore, a
regulatory assessment is not required. It
has also been determined that section
553(b) of the Administrative Procedure
Act (5 U.S.C. chapter 5) does not apply
to these final regulations, and because
these final regulations do not impose a
collection of information on small
entities, the Regulatory Flexibility Act
(5 U.S.C. chapter 6) does not apply.
Pursuant to section 7805(f) of the Code,
the notice of proposed rulemaking
preceding these final regulations was
submitted to the Chief Counsel for
Advocacy of the Small Business
Administration (SBA) for comment on
their impact on small businesses.
Drafting Information
The principal author of these final
regulations is Sarah Tate, Office of the
Associate Chief Counsel (Procedure and
Administration), Disclosure and Privacy
Law Division. However, other personnel
from the IRS and Treasury Department
participated in their development.
PART 301—PROCEDURE AND
ADMINISTRATION
Accordingly, the IRS and the
Department of the Treasury adopt as
final without change the temporary
regulations, amending 26 CFR part 301,
which were published July 9, 2003.
I
VerDate jul<14>2003
16:19 Jan 04, 2005
Jkt 205001
Approved: December 28, 2004.
Mark E. Matthews,
Deputy Commissioner for Services and
Enforcement.
Eric Solomon,
Acting Deputy Assistant Secretary of the
Treasury.
[FR Doc. 05–199 Filed 1–4–05; 8:45 am]
BILLING CODE 4830–01–P
705
has determined to remove the barcode
label as an explicit requirement and
leave it to the manufacturers’ discretion
depending on independent use of the
barcode label.
List of Subjects in 39 CFR Part 501
Administrative practice and
procedure, Postal Service.
The Amendment
For the reasons set out in this
document, the Postal Service is
amending 39 CFR part 501 as follows:
I
POSTAL SERVICE
39 CFR Part 501
Authorization to Manufacturer and
Distribute Postage Meters
Postal Service.
Final rule.
AGENCY:
ACTION:
1. The authority citation for Part 501
continues to read as follows:
I
SUMMARY: This rule clarifies and
enhances cautionary label markings
required by Postal Service regulation to
be placed on all postage meters to
provide meter users with basic
reminders on leasing, meter movement,
and misuse. It also removes the obsolete
requirement for the placement of a
barcode label containing representation
of meter serial numbers.
The meter manufacturer must
promptly develop and implement a plan
to change out the labels on existing
meters leased or rented, including
rebuilding, manufacturing, servicing,
and inspection programs to expedite
application of the new label. These
plans must be approved by the Postage
Technology Management office.
DATES: This rule is effective January 5,
2005.
FOR FURTHER INFORMATION CONTACT:
Wayne Wilkerson, manager of Postage
Technology Management, at 1735 N.
Lynn Street, Rosslyn, VA 22209 or by
telephone at 703–292–3691 or fax at
703–292–4073.
SUPPLEMENTARY INFORMATION: Title 39,
Code of Federal Regulations (CFR) Part
501.23, Distribution Controls, section (r)
requires postage meter manufacturers to
affix a cautionary label to all postage
meters to provide meter users with basic
reminders on leasing, meter movement,
and misuse. Further, section (r)(1)
illustrates specific markings to be
placed on cautionary labels. Experience
with inadvertent use of the U.S. Postal
Inspection Service telephone number to
obtain general information has led to the
need to clarify the label in order to
emphasize manufacturer information
and enhance direction to the customer.
Section (2) currently requires a barcode
label that is no longer relevant as a
Postal Service requirement because of
technology advances. The Postal Service
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PART 501—AUTHORIZATION TO
MANUFACTURE AND DISTRIBUTE
POSTAGE METERS
Authority: 5 U.S.C. 552(a); 39 U.S.C. 101,
401, 403, 404, 410, 2601, 2605; Inspector
General Act of 1978, as amended (Pub. L.
95’452, as amended); 5 U.S.C. App. 3.
I
2. Revise § 501.23(r) to read as follows:
§ 501.23
Distribution controls.
*
*
*
*
*
(r) Affix to all meters a cautionary
label providing the meter user with
basic reminders on leasing and meter
movement.
(1) The cautionary label must be
placed on all meters in a conspicuous
and highly visible location.
‘‘PROPERTY OF [NAME OF
MANUFACTURER]’’ as well as the
manufacturer’s toll-free number must be
emphasized by capitalized bold type
and preferably printed in red. The
minimum width of the label should be
3.25 inches, and the minimum height
should be 1.75 inches. The label should
read as follows:
RENTED POSTAGE METER—NOT FOR
SALE
PROPERTY OF [NAME OF
MANUFACTURER]
(800) ###-####
Use of this meter is permissible only under
U.S. Postal Service authorization. Call [Name
of Manufacturer] at (800) ###- #### to
relocate/return this meter.
WARNING! METER TAMPERING IS A
FEDERAL OFFENSE.
IF YOU SUSPECT METER TAMPERING,
CALL POSTAL INSPECTORS AT 1–800–
372–8347
REWARD UP TO $50,000 for information
leading to the conviction of any person who
misuses postage meters resulting in the
Postal Service not receiving correct postage
payments.
(2) Exceptions to the formatting of
required labeling are determined on a
case-by-case basis. Any deviation from
standardized meter labeling
E:\FR\FM\05JAR1.SGM
05JAR1
Agencies
[Federal Register Volume 70, Number 3 (Wednesday, January 5, 2005)]
[Rules and Regulations]
[Pages 704-705]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-199]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 301
[TD 9173]
RIN 1545-BB22
Authority To Charge Fees for Furnishing Copies of Exempt
Organizations' Material Open to Public Inspection
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final regulations.
-----------------------------------------------------------------------
SUMMARY: These final regulations adopt as final without change the
temporary regulations published in the Federal Register on July 9,
2003, which amended the then-existing regulations regarding fees for
copies of exempt organizations' material the IRS must make available to
the public under section 6104 of the Internal Revenue Code (Code).
These final regulations also adopt as final without change the
conforming amendment included in the temporary regulations concerning
the fees that an exempt organization may charge for furnishing copies
of such material when required to do so.
DATES: These final regulations are effective January 5, 2005.
FOR FURTHER INFORMATION CONTACT: Sarah Tate, 202-622-4560 (not a toll-
free number).
SUPPLEMENTARY INFORMATION:
Background
The temporary regulations published at 68 FR 40768, July 9, 2003,
amended the then-existing regulations to make clear that any fee
assessed by the IRS for
[[Page 705]]
furnishing copies of documents required to be made publicly available
under section 6104 of the Code shall be no more than the fee under the
IRS' Freedom of Information Act (FOIA) fee schedule. Those temporary
regulations also amended the then-existing regulations to make clear
that that an exempt organization may charge the applicable per-page
copying fee under the IRS' FOIA fee schedule for any number of pages,
without regard to the fee exclusion applicable to the IRS for the first
100 pages.
The IRS simultaneously published a notice of proposed rulemaking at
68 FR 40849, July 9, 2003, with a cross-reference to the text of the
temporary regulations. The notice of proposed rulemaking invited public
comment on the temporary regulations. The IRS has not received any
public comments or any request for a public hearing. The IRS has not
identified any reason that the text of the temporary regulations should
be altered. The text of the temporary rule, now adopted as final, is
identical to the text of that proposed rule.
Special Analyses
It has been determined that these final regulations are not a
significant regulatory action as defined in Executive Order 12866.
Therefore, a regulatory assessment is not required. It has also been
determined that section 553(b) of the Administrative Procedure Act (5
U.S.C. chapter 5) does not apply to these final regulations, and
because these final regulations do not impose a collection of
information on small entities, the Regulatory Flexibility Act (5 U.S.C.
chapter 6) does not apply. Pursuant to section 7805(f) of the Code, the
notice of proposed rulemaking preceding these final regulations was
submitted to the Chief Counsel for Advocacy of the Small Business
Administration (SBA) for comment on their impact on small businesses.
Drafting Information
The principal author of these final regulations is Sarah Tate,
Office of the Associate Chief Counsel (Procedure and Administration),
Disclosure and Privacy Law Division. However, other personnel from the
IRS and Treasury Department participated in their development.
PART 301--PROCEDURE AND ADMINISTRATION
0
Accordingly, the IRS and the Department of the Treasury adopt as final
without change the temporary regulations, amending 26 CFR part 301,
which were published July 9, 2003.
Approved: December 28, 2004.
Mark E. Matthews,
Deputy Commissioner for Services and Enforcement.
Eric Solomon,
Acting Deputy Assistant Secretary of the Treasury.
[FR Doc. 05-199 Filed 1-4-05; 8:45 am]
BILLING CODE 4830-01-P