Proposed Collection; Comment Request for Regulation Project, 53021-53022 [2010-21461]
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53021
Federal Register / Vol. 75, No. 167 / Monday, August 30, 2010 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Form 2848, 2848(SP)
Internal Revenue Service (IRS),
Treasury.
AGENCY:
Notice and request for
comments.
ACTION:
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 Form
SUMMARY:
2848, 2848(SP) Power of Attorney and
Declaration of Representative.
DATES: Written comments should be
received on or before October 29, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald Shields, Internal Revenue
Service, room 6129, 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 Joel Goldberger at
Internal Revenue Service, room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 927–
9368, or through the Internet at
Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Power of Attorney and
Declaration of Representative; Poder
Legally Declaracion y del Representante.
OMB Number: 1545–0150.
Form Number: 2848; 2848(SP).
Abstract: Form 2848 or Form
2848(SP) is issued to authorize someone
to act for the taxpayer in tax matters. It
grants all powers that the taxpayer has
except signing a return and cashing
refund checks. The information on the
form is used to identify representatives
and to ensure that confidential
information is not divulged to
unauthorized persons.
Current Actions: There are no changes
being made to the form at this time,
however, changes to the burden
estimates previously approved will be
submitted to properly reflect the current
estimates.
Type of Review: Extension of a
currently approved collection.
Affected Public: Individuals or
households, business or other for-profit
organizations, not-for-profit institutions,
and farms.
The burden estimate is as follows:
Number of responses
Total 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
VerDate Mar<15>2010
16:28 Aug 27, 2010
Jkt 220001
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 23, 2010.
Gerald Shields,
IRS Supervisory Tax Analyst.
[FR Doc. 2010–21485 Filed 8–27–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[CO–88–90]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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
SUMMARY:
PO 00000
Frm 00098
Fmt 4703
Sfmt 4703
358,333
100,000
80,000
1.66
1.61
2.26
594,833
161,000
180,800
538,333
jlentini on DSKJ8SOYB1PROD with NOTICES
Form 2848 (paper) .......................................................................................................................
Form 2848 (on line) .....................................................................................................................
Form 2848 (SP) ...........................................................................................................................
Time per response
........................
935,633
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–88–90 (TD
8530), Limitation on Net Operating Loss
Carryforwards and Certain Built-In
Losses Following Ownership Change;
Special Rule for Value of a Loss
Corporation Under the Jurisdiction of a
Court in a Title 11 Case (Section 1.382–
9).
DATES: Written comments should be
received on or before October 29, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald J. Shields, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to R. Joseph Durbala at Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–3634, or
through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Limitation on Net Operating
Loss Carryforwards and Certain Built-In
Losses Following Ownership Change;
Special Rule for Value of a Loss
E:\FR\FM\30AUN1.SGM
30AUN1
jlentini on DSKJ8SOYB1PROD with NOTICES
53022
Federal Register / Vol. 75, No. 167 / Monday, August 30, 2010 / Notices
Corporation Under the Jurisdiction of a
Court in a Title 11 Case.
OMB Number: 1545–1324.
Regulation Project Number: CO–88–
90 (TD 8530).
Abstract: This regulation provides
guidance on determining the value of a
loss corporation following an ownership
change to which section 382(1)(6) of the
Internal Revenue Code applies. Under
Code sections 382 and 383, the value of
the loss corporation, together with
certain other factors, determines the rate
at which certain pre-change tax
attributes may be used to offset postchange income and tax liability.
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.
Estimated Number of Respondents:
3,250.
Estimated Time Per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 813.
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.
VerDate Mar<15>2010
16:28 Aug 27, 2010
Jkt 220001
Approved: August 17, 2010.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2010–21461 Filed 8–27–10; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[PS–19–92]
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
AGENCY:
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 proposed regulations, PS–19–92
(Final) Carryover Allocations and Other
Rules Relating to the Low-Income
Housing Credit, TD 9420—Section 42
Utility Allowance Regulations Update.
DATES: Written comments should be
received on or before October 29, 2010
to be assured of consideration.
ADDRESSES: Direct all written comments
to Gerald J. Shields, Internal Revenue
Service, room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
copies of the regulations should be
directed to R. Joseph Durbala at Internal
Revenue Service, room 6129, 1111
Constitution Avenue, NW., Washington,
DC 20224, or at (202) 622–3634, or
through the Internet at
RJoseph.Durbala@irs.gov.
SUMMARY:
SUPPLEMENTARY INFORMATION:
Title: Carryover Allocations and Other
Rules Relating to the Low-Income
Housing Credit.
OMB Number: 1545–1102.
Regulation Project Number: PS–19–92
(Final), TD 9420 (Final).
Abstract: The regulations provide the
Service the information it needs to
ensure that low-income housing tax
credits are being properly allocated
under section 42. This is accomplished
through the use of carryover allocation
documents, election statements, and
binding agreements executed between
PO 00000
Frm 00099
Fmt 4703
Sfmt 9990
taxpayers (e.g. individuals, businesses,
etc.) and housing credit agencies.
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.
Estimated Number of Respondents:
2,230.
Estimated Time per Respondent: 1
hour, 50 minutes.
Estimated Total Annual Burden
Hours: 4,008.
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 23, 2010.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2010–21477 Filed 8–27–10; 8:45 am]
BILLING CODE 4830–01–P
E:\FR\FM\30AUN1.SGM
30AUN1
]]>Agencies
[Federal Register Volume 75, Number 167 (Monday, August 30, 2010)]
[Notices]
[Pages 53021-53022]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-21461]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
[CO-88-90]
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-88-90 (TD 8530), Limitation on Net
Operating Loss Carryforwards and Certain Built-In Losses Following
Ownership Change; Special Rule for Value of a Loss Corporation Under
the Jurisdiction of a Court in a Title 11 Case (Section 1.382-9).
DATES: Written comments should be received on or before October 29,
2010 to be assured of consideration.
ADDRESSES: Direct all written comments to Gerald J. Shields, Internal
Revenue Service, room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to R. Joseph Durbala at
Internal Revenue Service, room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 622-3634, or through the Internet at
RJoseph.Durbala@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Limitation on Net Operating Loss Carryforwards and Certain
Built-In Losses Following Ownership Change; Special Rule for Value of a
Loss
[[Page 53022]]
Corporation Under the Jurisdiction of a Court in a Title 11 Case.
OMB Number: 1545-1324.
Regulation Project Number: CO-88-90 (TD 8530).
Abstract: This regulation provides guidance on determining the
value of a loss corporation following an ownership change to which
section 382(1)(6) of the Internal Revenue Code applies. Under Code
sections 382 and 383, the value of the loss corporation, together with
certain other factors, determines the rate at which certain pre-change
tax attributes may be used to offset post-change income and tax
liability.
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: 3,250.
Estimated Time Per Respondent: 15 minutes.
Estimated Total Annual Burden Hours: 813.
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 17, 2010.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2010-21461 Filed 8-27-10; 8:45 am]
BILLING CODE 4830-01-P
