Proposed Collection; Comment Request for Regulation Project, 9701 [05-3695]

Download as PDF Federal Register / Vol. 70, No. 38 / Monday, February 28, 2005 / Notices Estimated Number of Respondents: 120. Estimated Total Annual Burden Hours: One (1). Title: Drawback of Tax on Tobacco Products and Cigarette Papers and Tubes-Export Shipment. OMB Number: 1513–0102. TTB Recordkeeping Requirement Number: 5210/2. Abstract: Tobacco products have historically been a major source of excise tax revenue for the Federal government. In order to safeguard these taxes, tobacco products manufacturers are required to maintain a system of records designed to establish accountability over the tobacco products and cigarette papers and tubes. Exporters of tobacco products and cigarette papers and tubes on which they have paid tax may claim drawback of tax by complying with the requirements of laws and regulations. The records retention period is 3 years. Current Actions: There are not changes to this information collection and it is being submitted for extension purposes only. Type of Review: Extension. Affected Public: Business or other forprofit. Estimated Number of Respondents: One (1). Estimated Total Annual Burden Hours: 5. Dated: February 16, 2005. Marjorie D. Ruhf, Acting Chief, Regulations and Procedures Division. [FR Doc. 05–3713 Filed 2–25–05; 8:45 am] BILLING CODE 4810–31–P DEPARTMENT OF THE TREASURY Internal Revenue Service [IA–62–91] 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 VerDate jul<14>2003 16:34 Feb 25, 2005 Jkt 205001 soliciting comments concerning an existing final and temporary regulations, IA–62–91 (TD 8482), Capitalization and Inclusion in Inventory of Certain Costs (§§ 1.263A–2 and 1.263A–3). DATES: Written comments should be received on or before April 29, 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: Capitalization and Inclusion in Inventory of Certain Costs. OMB Number: 1545–0987. Regulation Project Number: IA–62– 91. Abstract: The requirements are necessary to determine whether taxpayers comply with the cost allocation rules of Internal Revenue Code section 263A and with the requirements for changing their methods of accounting. The information will be used to verify taxpayers’ changes in method of accounting. Current Actions: There is no change to this existing regulation. Type of Review: Extension of OMB approval. Affected Public: Business or other forprofit organizations and farms. Estimated Number of Respondents: 20,000. Estimated Average Time Per Respondent: The estimated annual reporting and recordkeeping burden per respondent varies from 1 hour to 9 hours. Estimated Total Annual Burden Hours: 100,000. 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 00094 Fmt 4703 Sfmt 4703 9701 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. 05–3695 Filed 2–25–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Request for Nominations to the Electronic Tax Administration Advisory Committee Internal Revenue Service (IRS), Treasury. ACTION: Notice. AGENCY: SUMMARY: The Electronic Tax Administration Advisory Committee (ETAAC), was established to provide continued input into the development and implementation of the Internal Revenue Service (IRS) strategy for electronic tax administration. The ETAAC provides an organized public forum for discussion of electronic tax administration issues in support of the overriding goal that paperless filing should be the preferred and most convenient method of filing tax and information returns. ETAAC members convey the public’s perception of IRS electronic tax administration activities, offer constructive observations about current or proposed policies, programs, and procedures, and suggest improvements. This document seeks nominations of individuals to be considered for selection as Committee members. The Director, Electronic Tax Administration (ETA) will assure that the size and organizational representation of the ETAAC obtains balanced membership and includes E:\FR\FM\28FEN1.SGM 28FEN1

Agencies

[Federal Register Volume 70, Number 38 (Monday, February 28, 2005)]
[Notices]
[Page 9701]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3695]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

[IA-62-91]


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 an 
existing final and temporary regulations, IA-62-91 (TD 8482), 
Capitalization and Inclusion in Inventory of Certain Costs (Sec. Sec.  
1.263A-2 and 1.263A-3).

DATES: Written comments should be received on or before April 29, 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: Capitalization and Inclusion in Inventory of Certain Costs.
    OMB Number: 1545-0987.
    Regulation Project Number: IA-62-91.
    Abstract: The requirements are necessary to determine whether 
taxpayers comply with the cost allocation rules of Internal Revenue 
Code section 263A and with the requirements for changing their methods 
of accounting. The information will be used to verify taxpayers' 
changes in method of accounting.
    Current Actions: There is no change to this existing regulation.
    Type of Review: Extension of OMB approval.
    Affected Public: Business or other for-profit organizations and 
farms.
    Estimated Number of Respondents: 20,000.
    Estimated Average Time Per Respondent: The estimated annual 
reporting and recordkeeping burden per respondent varies from 1 hour to 
9 hours.
    Estimated Total Annual Burden Hours: 100,000.
    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 16, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. 05-3695 Filed 2-25-05; 8:45 am]
BILLING CODE 4830-01-P
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