Proposed Collection; Comment Request for Revenue Procedure 2005-28, 52155 [E5-4771]

Download as PDF Federal Register / Vol. 70, No. 169 / Thursday, September 1, 2005 / Notices DEPARTMENT OF THE TREASURY DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request Internal Revenue Service August 25, 2005. The Department of Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Public Law 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. Written comments should be received on or before October 3, 2005 to be assured of consideration. DATES: United States Mint OMB Number: 1525–0013. Type of Review: Extension. Title: Application for Commercial Product License and Application for Intellectual Property Use. Form: U.S. Mint form 3044 and form 3045. Description: The application forms allow individuals and business entities to apply for Non-product License or Commercial Product License to use United States Mint intellectual property and trademark and copyright materials for products. Respondents: Business and other forprofit and individuals or households. Estimated Number of Respondents: 120. Estimated Total Reporting Burden: 131 hours. Clearance Officer: Yvonne Pollard, (202) 722–7310, United States Mint, 799 9th Street, NW., 4th Floor, Washington, DC 20220. OMB Reviewer: Alexander T. Hunt, (202) 395–7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503. Michael A. Robinson, Treasury PRA Clearance Officer. [FR Doc. 05–17422 Filed 8–31–05; 8:45 am] BILLING CODE 4810–37–P VerDate Aug<18>2005 16:30 Aug 31, 2005 Jkt 205001 Proposed Collection; Comment Request for Revenue Procedure 2005– 28 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 Revenue Procedure 2005–28, Automatic Consent to Change to the Alternative Tax Book Value Method of Valuing Assets for Expense Apportionment Purposes. DATES: Written comments should be received on or before October 31, 2005 to be assured of consideration. ADDRESSES: Direct all written comments to Glenn P. Kirkland, Internal Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of revenue procedure should be directed to Allan Hopkins, at (202) 622– 6665, or at Internal Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, DC 20224, or through the internet, at Allan.M.Hopkins@irs.gov. SUPPLEMENTARY INFORMATION: Title: Automatic Consent to Change to the Alternative Tax Book Value Method of Valuing Assets for Expense Apportionment Purposes. OMB Number: 1545–1933. Revenue Procedure Number: Revenue Procedure 2005–28. Abstract: Revenue Procedure 2005–28 provides the administrative procedure under which an eligible taxpayer may obtain automatic consent to change from the fair market value method to the alternative tax book value method of valuing assets for purposes of apportioning expenses under section 1.861–9T(g) of the Temporary Income Regulations. Current Actions: There are no changes being made to the revenue procedure at this time. Type of Review: Extension of a currently approved collection. PO 00000 Frm 00090 Fmt 4703 Sfmt 4703 52155 Affected Public: Businesses or other for-profit organizations and individuals or households. Estimated number of respondents: 200. Estimated annual burden per respondent: 30 minutes. Estimated total annual reporting burden: 100 hours. 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: August 24, 2005. Glenn Kirkland, OMB Reports Clearance Officer. [FR Doc. E5–4771 Filed 8–31–05; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Open Meeting of the Area 4 Taxpayer Advocacy Panel (Including the States of Illinois, Indiana, Kentucky, Michigan, Ohio, Tennessee, and Wisconsin) Internal Revenue Service (IRS), Treasury. ACTION: Notice. AGENCY: E:\FR\FM\01SEN1.SGM 01SEN1

Agencies

[Federal Register Volume 70, Number 169 (Thursday, September 1, 2005)]
[Notices]
[Page 52155]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-4771]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure 2005-
28

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 2005-28, Automatic Consent to Change to the 
Alternative Tax Book Value Method of Valuing Assets for Expense 
Apportionment Purposes.

DATES: Written comments should be received on or before October 31, 
2005 to be assured of consideration.

ADDRESSES: Direct all written comments to Glenn P. Kirkland, Internal 
Revenue Service, room 6516, 1111 Constitution Avenue NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of revenue procedure should be directed to Allan Hopkins, at 
(202) 622-6665, or at Internal Revenue Service, room 6516, 1111 
Constitution Avenue NW., Washington, DC 20224, or through the internet, 
at Allan.M.Hopkins@irs.gov.

SUPPLEMENTARY INFORMATION:
    Title: Automatic Consent to Change to the Alternative Tax Book 
Value Method of Valuing Assets for Expense Apportionment Purposes.
    OMB Number: 1545-1933.
    Revenue Procedure Number: Revenue Procedure 2005-28.
    Abstract: Revenue Procedure 2005-28 provides the administrative 
procedure under which an eligible taxpayer may obtain automatic consent 
to change from the fair market value method to the alternative tax book 
value method of valuing assets for purposes of apportioning expenses 
under section 1.861-9T(g) of the Temporary Income Regulations.
    Current Actions: There are no changes being made to the revenue 
procedure at this time.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Businesses or other for-profit organizations and 
individuals or households.
    Estimated number of respondents: 200.
    Estimated annual burden per respondent: 30 minutes.
    Estimated total annual reporting burden: 100 hours.
    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: August 24, 2005.
Glenn Kirkland,
OMB Reports Clearance Officer.
[FR Doc. E5-4771 Filed 8-31-05; 8:45 am]
BILLING CODE 4830-01-P
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