Proposed Collection; Comment Request for Revenue Procedure 2001-21, 8876 [05-3460]
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Federal Register / Vol. 70, No. 35 / Wednesday, February 23, 2005 / Notices
ACTION: Withdrawal of notice.
SUMMARY: This document withdraws a
notice and request for comments that
was published in the Federal Register
on February 2, 2005 (70 FR 5510) that
solicited comments on proposed
regulations (REG–154000–04) relating to
Diesel Fuel and Kerosene Excise Tax
and Dye Injection (OMB No. 1545–
1418).
SUPPLEMENTARY INFORMATION:
Background
The IRS is withdrawing the request
for comments because the new
regulations have not yet been fully
developed and are unavailable at this
time. The IRS will announce its plan to
submit the Information Collection
Request in subsequent issues of the
Federal Register that will include the
regulations. An opportunity to provide
comments will be included when the
new regulations are completed and
published in the Federal Register.
Withdrawal of Notice and Request for
Comments
Accordingly, the notice and request
for comments (REG–154000–04) that
was published in the Federal Register
on February 2, 2005 (70 FR 5510) which
was the subject of FR Doc. 05–1950, is
withdrawn.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05–3459 Filed 2–22–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Revenue Procedure 2001–
21
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
SUMMARY: The Department of the
Treasury, 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,
Public Law 104–13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is
soliciting comments concerning
Revenue Procedure 2001–21, Debt RollUps.
VerDate jul<14>2003
16:28 Feb 22, 2005
Jkt 205001
DATES: Written comments should be
received on or before April 25, 2005, to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to Larnice Mack at Internal
Revenue Service, Room 6512, 1111
Constitution Avenue NW., Washington,
DC 20224, or at (202)622–3179, or
through the Internet at
(Larnice.Mack@irs.gov).
SUPPLEMENTARY INFORMATION:
Title: Debt Roll-Ups.
OMB Number: 1545–1647.
Revenue Procedure Number: Revenue
Procedure 2001–21.
Abstract: Revenue Procedure 2001–21
provides for an election that will
facilitate the consolidation of two or
more outstanding debt instruments into
a single debt instrument. Under the
election, taxpayers can treat certain
exchanges of debt instruments as
realization events for federal income tax
purposes even though the exchanges do
not result in significant medications
under section 1.1001–3 of the Income
Tax Regulations.
Current Actions: There is no changes
being made to the revenue procedure at
this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
100.
Estimated Time Per Respondent: 45
minutes.
Estimated Total Annual Burden
Hours: 75.
The burden for the collection of
information is reflected in the burden of
Form 4868, Application for Automatic
Extension of Time to File U.S.
Individual Tax Return.
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 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
PO 00000
Frm 00115
Fmt 4703
Sfmt 4703
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: February 11, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05–3460 Filed 2–22–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Earned Income
Tax Credit Committee of the Taxpayer
Advocacy Panel
AGENCY: Internal Revenue Service (IRS)
Treasury.
ACTION: Notice.
SUMMARY: An open meeting of the
Earned Income Tax Credit Committee of
the Taxpayer Advocacy Panel will be
conducted (via teleconference). The
Committee will be discussing issues
pertaining to the IRS administration of
the Earned Income Tax Credit.
DATES: The meeting will be held
Thursday, March 17, 2005.
FOR FURTHER INFORMATION CONTACT:
Audrey Y. Jenkins at 1–888–912–1227
(toll-free), or 718–488–2085 (non tollfree).
SUPPLEMENTARY INFORMATION: Notice is
hereby given pursuant to section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Earned
Income Tax Credit Committee of the
Taxpayer Advocacy Panel will be held
Thursday, March 17, 2005, from 2 p.m.
to 3:30 p.m. e.t. via a telephone
conference call. The public is invited to
make oral comments. Individual
comments will be limited to 5 minutes.
Due to limited conference lines,
notification of intent to participate in
E:\FR\FM\23FEN1.SGM
23FEN1
]]>Agencies
[Federal Register Volume 70, Number 35 (Wednesday, February 23, 2005)]
[Notices]
[Page 8876]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3460]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Revenue Procedure 2001-
21
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury, 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, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning
Revenue Procedure 2001-21, Debt Roll-Ups.
DATES: Written comments should be received on or before April 25, 2005,
to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn Kirkland, Internal
Revenue Service, Room 6516, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to Larnice Mack at
Internal Revenue Service, Room 6512, 1111 Constitution Avenue NW.,
Washington, DC 20224, or at (202)622-3179, or through the Internet at
(Larnice.Mack@irs.gov).
SUPPLEMENTARY INFORMATION:
Title: Debt Roll-Ups.
OMB Number: 1545-1647.
Revenue Procedure Number: Revenue Procedure 2001-21.
Abstract: Revenue Procedure 2001-21 provides for an election that
will facilitate the consolidation of two or more outstanding debt
instruments into a single debt instrument. Under the election,
taxpayers can treat certain exchanges of debt instruments as
realization events for federal income tax purposes even though the
exchanges do not result in significant medications under section
1.1001-3 of the Income Tax Regulations.
Current Actions: There is no changes being made to the revenue
procedure at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 100.
Estimated Time Per Respondent: 45 minutes.
Estimated Total Annual Burden Hours: 75.
The burden for the collection of information is reflected in the
burden of Form 4868, Application for Automatic Extension of Time to
File U.S. Individual Tax Return.
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 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: February 11, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05-3460 Filed 2-22-05; 8:45 am]
BILLING CODE 4830-01-P
