Proposed Collection; Comment Request for Regulation Project, 33814 [2011-14286]
Download as PDF
<![CDATA[
33814
Federal Register / Vol. 76, No. 111 / Thursday, June 9, 2011 / Notices
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Regulation Project
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice and request for
comments.
mstockstill on DSK4VPTVN1PROD with NOTICES
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)). The IRS is soliciting
comments concerning information
collection requirements related to
Additional First Year Depreciation
Deduction.
DATES: Written comments should be
received on or before August 8, 2011 to
be assured of consideration.
ADDRESSES: Direct all written comments
to Yvette B. Lawrence, Internal Revenue
Service, Room 6129, 1111 Constitution
Avenue, NW., Washington, DC 20224.
FOR FURTHER INFORMATION CONTACT:
Requests for copies of regulation should
be directed to Joel Goldberger, at the
Internal Revenue Service, Room 6129,
1111 Constitution Avenue, NW.,
Washington, DC 20224, by phone at
(202) 927–9368, or on the Internet at
Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Additional First Year
Depreciation Deduction.
OMB Number: 1545–2207.
Regulation Project Number: Revenue
Procedure 2011–26.
Abstract: This revenue procedure
provides guidance under § 2022(a) of
the Small Business Jobs Act of 2010,
Public Law 111–240, 124 Stat. 2504
(September 27, 2010) (SBJA), and
§ 401(a) and (b) of the Tax Relief,
Unemployment Insurance
Reauthorization, and Job Creation Act of
2010, Public Law 111–312, 124 Stat.
3296 (December 17, 2010) (TRUIRJCA).
Sections 2022(a) of the SBJA and 401(a)
of the TRUIRJCA amend § 168(k)(2) of
the Internal Revenue Code by extending
the placed-in-service date for property
to qualify for the 50-percent additional
first year depreciation deduction.
Section 401(b) of the TRUIRJCA amends
§ 168(k) by adding § 168(k)(5), which
temporarily allows a 100-percent
additional first year depreciation
deduction for certain new property.
VerDate Mar<15>2010
17:56 Jun 08, 2011
Jkt 223001
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; individuals or households.
Estimated Number of Respondents:
250,000.
Estimated Time per Respondent: 30
minutes.
Estimated Total Annual Burden
Hours: 125,000.
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: May 19, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
BILLING CODE 4830–01–P
U.S.-CHINA ECONOMIC AND
SECURITY REVIEW COMMISSION
Notice of Open Public Hearing
U.S.-China Economic and
Security Review Commission.
ACTION: Notice of open public hearing—
June 15, 2011 Washington, DC.
PO 00000
Frm 00115
Fmt 4703
Sfmt 4703
The hearing will be held in
Room 216 of the Hart Senate Office
Building, located at Constitution
Avenue and 2nd Street, NE. in
Washington, DC 20002.
FOR FURTHER INFORMATION CONTACT: Any
member of the public seeking further
information concerning the hearing
should contact Michael Danis,
Executive Director for the U.S.-China
Economic and Security Review
Commission, 444 North Capitol Street,
NW., Suite 602, Washington, DC 20001;
phone: 202–624–1407, or via e-mail at
contact@uscc.gov.
ADDRESSES:
[FR Doc. 2011–14286 Filed 6–8–11; 8:45 am]
AGENCY:
Notice is hereby given of the
following hearing of the U.S.-China
Economic and Security Review
Commission.
Name: William A. Reinsch, Chairman
of the U.S.-China Economic and
Security Review Commission.
The Commission is mandated by
Congress to investigate, assess, and
report to Congress annually on ‘‘the
national security implications of the
economic relationship between the
United States and the People’s Republic
of China.’’
Pursuant to this mandate, the
Commission will hold a public hearing
in Washington, DC on June 15, 2011, to
address ‘‘China’s Five Year Plan,
Indigenous Innovation and Technology
Transfers, and Outsourcing.’’
Background: This is the eighth public
hearing the Commission will hold
during its 2011 report cycle to collect
input from leading academic, industry,
and government experts on national
security implications of the U.S.
bilateral trade and economic
relationship with China. The hearing
will examine China’s 12th Five-Year
Plan, its ‘‘Indigenous Innovation’’ and
industrial policies, and technology
development and transfers to China.
The hearing will be co-chaired by Vice
Chairman Daniel Slane and
Commissioner Patrick Mulloy.
Any interested party may file a
written statement by June 15, 2011, by
mailing to the contact below. A portion
of each panel will include a question
and answer period between the
Commissioners and the witnesses.
Transcripts of past Commission
public hearings may be obtained from
the USCC Web Site https://
www.uscc.gov.
Date and Time: Wednesday, June 15,
2011, 9 a.m.–3:15 p.m. Eastern Standard
Time. A detailed agenda for the hearing
will be posted to the Commission’s Web
Site at https://www.uscc.gov as soon as
available. Please check the Web site for
possible changes to the hearing
schedule.
SUMMARY:
E:\FR\FM\09JNN1.SGM
09JNN1
]]>Agencies
[Federal Register Volume 76, Number 111 (Thursday, June 9, 2011)]
[Notices]
[Page 33814]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-14286]
[[Page 33814]]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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)). The
IRS is soliciting comments concerning information collection
requirements related to Additional First Year Depreciation Deduction.
DATES: Written comments should be received on or before August 8, 2011
to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for copies of regulation
should be directed to Joel Goldberger, at the Internal Revenue Service,
Room 6129, 1111 Constitution Avenue, NW., Washington, DC 20224, by
phone at (202) 927-9368, or on the Internet at
Joel.P.Goldberger@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Additional First Year Depreciation Deduction.
OMB Number: 1545-2207.
Regulation Project Number: Revenue Procedure 2011-26.
Abstract: This revenue procedure provides guidance under Sec.
2022(a) of the Small Business Jobs Act of 2010, Public Law 111-240, 124
Stat. 2504 (September 27, 2010) (SBJA), and Sec. 401(a) and (b) of the
Tax Relief, Unemployment Insurance Reauthorization, and Job Creation
Act of 2010, Public Law 111-312, 124 Stat. 3296 (December 17, 2010)
(TRUIRJCA). Sections 2022(a) of the SBJA and 401(a) of the TRUIRJCA
amend Sec. 168(k)(2) of the Internal Revenue Code by extending the
placed-in-service date for property to qualify for the 50-percent
additional first year depreciation deduction. Section 401(b) of the
TRUIRJCA amends Sec. 168(k) by adding Sec. 168(k)(5), which
temporarily allows a 100-percent additional first year depreciation
deduction for certain new property.
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; individuals or
households.
Estimated Number of Respondents: 250,000.
Estimated Time per Respondent: 30 minutes.
Estimated Total Annual Burden Hours: 125,000.
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: May 19, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-14286 Filed 6-8-11; 8:45 am]
BILLING CODE 4830-01-P
