Proposed Collection; Comment Request for Regulation Project, 32943 [E7-11432]
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Federal Register / Vol. 72, No. 114 / Thursday, June 14, 2007 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[CO–99–91]
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 an
existing final regulation, CO–99–91 (TD
8490), Limitations on Corporate Net
Operating Loss (section 1.382–3).
DATES: Written comments should be
received on or before August 13, 2007
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.
jlentini on PROD1PC65 with NOTICES
SUPPLEMENTARY INFORMATION:
Title: Limitations on Corporate Net
Operating Loss.
OMB Number: 1545–1345.
Regulation Project Number: CO–99–
91.
Abstract: This regulation modifies the
application of the segregation rules
under Internal Revenue Code section
382 in the case of certain issuances of
stock by a loss corporation. The
regulation provides exceptions to the
segregation rules for certain small
issuances of stock and for certain other
issuances of stock for cash. The
regulation also provides that taxpayers
may make an irrevocable election to
apply the exceptions retroactively.
Current Actions: There is no change to
this existing regulation.
Type of Review: Extension of a
currently approved collection.
Affected Public: Business or other forprofit organizations.
VerDate Aug<31>2005
17:22 Jun 13, 2007
Jkt 211001
Estimated Number of Respondents: 1.
Estimated Time per Respondent: 1 hr.
Estimated Total Annual Burden
Hours: 1.
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: June 1, 2007.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7–11432 Filed 6–13–07; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 13094
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
PO 00000
Frm 00111
Fmt 4703
Sfmt 4703
32943
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 Form
13094, Recommendation for Juvenile
Employment with the Internal Revenue
Service.
DATES: Written comments should be
received on or before August 13, 2007
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 form and instructions
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: Recommendation for Juvenile
Employment with the Internal Revenue
Service.
OMB Number: 1545–1746.
Form Number: 13049.
Abstract: The data collected on Form
13094 provides the Internal Revenue
Service with a consistent method for
making suitability determinations on
juveniles for employment within the
Service.
Current Actions: There are no changes
being made to the form at this time.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals and notfor-profit institutions.
Estimated Number of Respondent:
2,500.
Estimated Time per Respondents: 5
minutes.
Estimated Total Annual Burden
Hours: 208.
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
E:\FR\FM\14JNN1.SGM
14JNN1
]]>Agencies
[Federal Register Volume 72, Number 114 (Thursday, June 14, 2007)]
[Notices]
[Page 32943]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-11432]
[[Page 32943]]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[CO-99-91]
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 regulation, CO-99-91 (TD 8490), Limitations on Corporate
Net Operating Loss (section 1.382-3).
DATES: Written comments should be received on or before August 13, 2007
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: Limitations on Corporate Net Operating Loss.
OMB Number: 1545-1345.
Regulation Project Number: CO-99-91.
Abstract: This regulation modifies the application of the
segregation rules under Internal Revenue Code section 382 in the case
of certain issuances of stock by a loss corporation. The regulation
provides exceptions to the segregation rules for certain small
issuances of stock and for certain other issuances of stock for cash.
The regulation also provides that taxpayers may make an irrevocable
election to apply the exceptions retroactively.
Current Actions: There is no change 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: 1.
Estimated Time per Respondent: 1 hr.
Estimated Total Annual Burden Hours: 1.
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: June 1, 2007.
Glenn Kirkland,
IRS Reports Clearance Officer.
[FR Doc. E7-11432 Filed 6-13-07; 8:45 am]
BILLING CODE 4830-01-P
