Proposed Collection; Comment Request for Regulation Project, 22759 [E5-2063]
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Federal Register / Vol. 70, No. 83 / Monday, May 2, 2005 / Notices
the President’s Advisory Panel on
Federal Tax Reform.
DATES: The meeting will be held on
Tuesday, May 17, 2005, in the
Washington DC area and will begin at
9:30 a.m.
ADDRESSES: The venue has not been
identified to date. Venue information
will be posted on the Panel’s Web site
at https://www.taxreformpanel.gov as
soon as it is available.
FOR FURTHER INFORMATION CONTACT: The
Panel staff at (202) 927–2TAX (927–
2829) (not a toll-free call) or email
info@taxreformpanel.gov (please do not
send comments to this box). Additional
information is available at https://
www.taxreformpanel.gov.
SUPPLEMENTARY INFORMATION: Purpose:
The May 17 meeting is the ninth
meeting of the Advisory Panel. At this
meeting, the Panel will continue to
evaluate specific proposals for reform of
the tax code.
Comments: Interested parties are
invited to attend the meeting; however,
no public comments will be heard at the
meeting. Any written comments with
respect to this meeting may be mailed
to The President’s Advisory Panel on
Federal Tax Reform,1440 New York
Avenue, NW., Suite 2100, Washington,
DC 20220. All written comments will be
made available to the public.
Records: Records are being kept of
Advisory Panel proceedings and will be
available at the Internal Revenue
Service’s FOIA Reading Room at 1111
Constitution Avenue, NW., Room 1621,
Washington, DC 20024. The Reading
Room is open to the public from 9 a.m.
to 4 p.m., Monday through Friday
except holidays. The public entrance to
the reading room is on Pennsylvania
Avenue between 10th and 12th streets.
The phone number is (202) 622–5164
(not a toll-free number). Advisory Panel
documents, including meeting
announcements, agendas, and minutes,
will also be available on https://
www.taxreformpanel.gov.
Dated: April 28, 2005.
Mark S. Kaizen,
Designated Federal Officer.
[FR Doc. 05–8771 Filed 4–29–05; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG–251701–96]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
AGENCY:
VerDate jul<14>2003
19:05 Apr 29, 2005
Jkt 205001
Notice and request for
comments.
ACTION:
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, Pub.
L. 104–13 (44 U.S.C. 3506(c)(2)(A)).
Currently, the IRS is soliciting
comments concerning an existing final
regulation, REG–251701–96 (TD 8894),
Electing Small Business Trusts.
DATES: Written comments should be
received on or before July 1, 2005 to be
assured of consideration.
ADDRESSES: Direct all written comments
to Glenn Kirkland, Internal Revenue
Service, room 6510, 1111 Constitution
Avenue NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulation 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: Electing Small Business Trusts.
OMB Number: 1545–1591.
Regulation Project Number: REG–
251701–96.
Abstract: This regulation provide the
rules for an electing small business trust
(ESBT), which is a permitted
shareholder of and S corporation. With
respect to the collections of information,
the regulations provide the rules for
making an ESBT election, and the rules
for converting from a qualified
subchapter S trust (QSST) to an ESBT
and the conversion of an ESBT to a
QSST. The regulations allow certain S
corporations to reinstate their previous
taxable year that was terminated under
§ 1.444–2T by filing Form 8716.
Current Actions: There are no changes
being made to this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
Estimated Number of Respondents:
7,500.
Estimated Time per Respondent: 1
hour.
Estimated Total Annual Burden
Hours: 7,500.
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
PO 00000
Frm 00133
Fmt 4703
Sfmt 4703
22759
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: April 22, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5–2063 Filed 4–29–05; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF TREASURY
Internal Revenue Service
Information Reporting Program
Advisory Committee (IRPAC);
Nominations
Internal Revenue Service,
Department of Treasury
ACTION: Request for nominations.
AGENCY:
SUMMARY: The Internal Revenue Service
(IRS) requests nominations of
individuals to be considered for
selection as Information Reporting
Program Advisory Committee (IRPAC)
members. Interested parties may
nominate themselves and/or at least one
other qualified person for membership.
Nominations will be accepted for
current vacancies and should describe
and document the applicants
qualifications for membership. IRPAC
can be comprised of no more than
twenty-three (23) members and
currently consists of seventeen (17)
members. It is important that the IRPAC
E:\FR\FM\02MYN1.SGM
02MYN1
Agencies
[Federal Register Volume 70, Number 83 (Monday, May 2, 2005)]
[Notices]
[Page 22759]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-2063]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[REG-251701-96]
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, Pub. L. 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning an
existing final regulation, REG-251701-96 (TD 8894), Electing Small
Business Trusts.
DATES: Written comments should be received on or before July 1, 2005 to
be assured of consideration.
ADDRESSES: Direct all written comments to Glenn Kirkland, Internal
Revenue Service, room 6510, 1111 Constitution Avenue NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulation 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: Electing Small Business Trusts.
OMB Number: 1545-1591.
Regulation Project Number: REG-251701-96.
Abstract: This regulation provide the rules for an electing small
business trust (ESBT), which is a permitted shareholder of and S
corporation. With respect to the collections of information, the
regulations provide the rules for making an ESBT election, and the
rules for converting from a qualified subchapter S trust (QSST) to an
ESBT and the conversion of an ESBT to a QSST. The regulations allow
certain S corporations to reinstate their previous taxable year that
was terminated under Sec. 1.444-2T by filing Form 8716.
Current Actions: There are no changes being made to this existing
regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 7,500.
Estimated Time per Respondent: 1 hour.
Estimated Total Annual Burden Hours: 7,500.
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: April 22, 2005.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E5-2063 Filed 4-29-05; 8:45 am]
BILLING CODE 4830-01-P