Proposed Collection; Comment Request for Regulation Project, 9446 [05-3696]
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Federal Register / Vol. 70, No. 37 / Friday, February 25, 2005 / Notices
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 16, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05–3694 Filed 2–24–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–208156–91]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 existing
final regulations, REG–208156–91 (TD
8929), Accounting for Long-Term
Contracts (§ 1.460–1).
VerDate jul<14>2003
19:31 Feb 24, 2005
Jkt 205001
Written comments should be
received on or before April 26, 2005 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
Service, room 6512, 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.
DATES:
SUPPLEMENTARY INFORMATION:
Title: Accounting for Long-Term
Contracts.
OMB Number: 1545–1650. Regulation
Project Number: REG–208156–91.
Abstract: The regulation requires the
Commissioner to be notified of a
taxpayer’s decision to sever or aggregate
one or more long-term contracts under
the regulations. The statement is needed
so the Commissioner can determine
whether the taxpayer properly severed
or aggregated its contract(s). The
regulations affect any taxpayer that
manufactures or constructs property
under long-term contracts.
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:
50,000.
Estimated Time Per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 12,500.
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
PO 00000
Frm 00180
Fmt 4703
Sfmt 4703
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 16, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05–3696 Filed 2–24–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Art Advisory Panel—Notice of
Availability of Report of 2004 Closed
Meetings
Internal Revenue Service,
Treasury.
ACTION: Notice.
AGENCY:
SUMMARY: Pursuant to 5 U.S.C. app. I
section 10(d), of the Federal Advisory
Committee Act, and 5 U.S.C. section
552b, the Government in the Sunshine
Act, a report summarizing the closed
meeting activities of the Art Advisory
Panel during 2004 has been prepared. A
copy of this report has been filed with
the Assistant Secretary of the Treasury
for Management.
DATES: Effective Date: This notice is
effective February 25, 2005.
ADDRESSES: The report is available for
public inspection and requests for
copies should be addressed to: Internal
Revenue Service, Freedom of
Information Reading Room, Room 1621,
1111 Constitution Avenue, NW.,
Washington, DC 20224, telephone
number (202) 622–5164 (not a toll free
number)
FOR FURTHER INFORMATION CONTACT:
Karen Carolan, AP:ART, Internal
Revenue Service/Appeals, 1099 14th
Street, NW., Washington, DC 20005,
telephone (202) 435–5609 (not a toll free
telephone number).
SUPPLEMENTARY INFORMATION: The
Commissioner of Internal Revenue has
determined that this document is not a
major rule as defined in Executive Order
12291 and that a regulatory impact
analysis, therefore, is not required.
Neither does this document constitute a
E:\FR\FM\25FEN1.SGM
25FEN1
]]>Agencies
[Federal Register Volume 70, Number 37 (Friday, February 25, 2005)]
[Notices]
[Page 9446]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3696]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-208156-91]
Proposed Collection; Comment Request for Regulation Project
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
existing final regulations, REG-208156-91 (TD 8929), Accounting for
Long-Term Contracts (Sec. 1.460-1).
DATES: Written comments should be received on or before April 26, 2005
to be assured of consideration.
ADDRESSES: Direct all written comments to Glenn Kirkland, Internal
Revenue Service, room 6512, 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: Accounting for Long-Term Contracts.
OMB Number: 1545-1650. Regulation Project Number: REG-208156-91.
Abstract: The regulation requires the Commissioner to be notified
of a taxpayer's decision to sever or aggregate one or more long-term
contracts under the regulations. The statement is needed so the
Commissioner can determine whether the taxpayer properly severed or
aggregated its contract(s). The regulations affect any taxpayer that
manufactures or constructs property under long-term contracts.
Current Actions: There are no changes to these existing
regulations.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 50,000.
Estimated Time Per Respondent: 15 minutes.
Estimated Total Annual Burden Hours: 12,500.
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: February 16, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05-3696 Filed 2-24-05; 8:45 am]
BILLING CODE 4830-01-P
