Notice of Open Public Hearing, 14422-14423 [2013-05013]

Download as PDF emcdonald on DSK67QTVN1PROD with NOTICES 14422 Federal Register / Vol. 78, No. 43 / Tuesday, March 5, 2013 / Notices Avenue NW., Washington, DC 20224, or through the Internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: Amortization of Reforestation Expenditures. OMB Number: 1545–0735. Regulation Project Number: TD 7927. Abstract: Internal Revenue Code section 194 allows taxpayers to elect to amortize certain reforestation expenditures over a 7-year period if the expenditures meet certain requirements. The regulations implement this election provision and allow the IRS to determine if the election is proper and allowable. Current Actions: There is no change to this existing regulation. Type of Review: Extension of a currently approved collection. Affected Public: Individuals or households, business or other for-profit organizations, and farms. Estimated Number of Respondents: 12,000. Estimated Time Per Respondent: 30 minutes. Estimated Total Annual Burden Hours: 6,001. 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 15:14 Mar 04, 2013 Jkt 229001 Approved: February 13, 2013. Yvette Lawrence, IRS Reports Clearance Officer. [FR Doc. 2013–04971 Filed 3–4–13; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 8879–S 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 Form 8879–S, IRS e-file Signature Authorization for Form 1120S. DATES: Written comments should be received on or before May 6, 2013 to be assured of consideration. ADDRESSES: Direct all written comments to Yvette Lawrence, 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 Martha R. Brinson, (202) 622–3869, at Internal Revenue Service, Room 6129, 1111 Constitution Avenue NW., Washington, DC 20224, or through the Internet at Martha.R.Brinson@irs.gov. Title: IRS e-file Signature Authorization for Form 1120S. OMB Number: 1545–1863. Form Number: 8879–S. Abstract: Form 8879–S authorizes an officer of a corporation and an electronic return originator (ERO) to use a personal identification number (PIN) to electronically sign a corporation’s electronic income tax return and, if applicable, Electronic Funds Withdrawal Consent. 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: Businesses or other for-profit organizations. Frm 00159 Fmt 4703 Sfmt 4703 Approved: February 13, 2013. Yvette Lawrence, IRS Reports Clearance Officer. [FR Doc. 2013–04970 Filed 3–4–13; 8:45 am] SUPPLEMENTARY INFORMATION: PO 00000 Estimated Number of Respondents: 11,360. Estimated Time Per Respondent: 6 hours, 32 minutes. Estimated Total Annual Burden Hours: 74,181. 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. 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— March 7, 2013, Washington, DC. AGENCY: SUMMARY: 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 E:\FR\FM\05MRN1.SGM 05MRN1 Federal Register / Vol. 78, No. 43 / Tuesday, March 5, 2013 / Notices emcdonald on DSK67QTVN1PROD with NOTICES 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 March 7, 2013, ‘‘Corporate Accountability, Access to Credit, and Access to Markets in China’s Financial System—the Rules and Their Ramifications for U.S. Investors.’’ Background: This is the second public hearing the Commission will hold during its 2013 report cycle to collect input from academic, industry, and government experts on national security implications of the U.S. bilateral trade and economic relationship with China. The economic and political drivers, rules and norms that govern China’s financial markets diverge—sometimes sharply—from those that define the system in the United States, presenting unique challenges for U.S. investors and the enforcement agencies charged with protecting their interests. While investors have been eager to buy stock in high yield U.S.-listed Chinese companies accounting and financial VerDate Mar<15>2010 15:14 Mar 04, 2013 Jkt 229001 management problems have created concern about the adequacy of protection of U.S. investors interests. Companies traded in U.S. Capital markets are required to disclose details of business strategies, financial records and operations. With SEC and U.S. exchanges halting trading of dozens of Chinese companies due to accounting practices and concerns about fraud, the Commission will examine U.S. and Chinese corporate governance and accountability rules, regulations and enforcement mechanisms. The Commission will also consider the availability of financial services, access to credit, and market opportunities for both Chinese and American private sector enterprises. With U.S. firms eager to meet growing demand for their financial services, witnesses will testify regarding access, opportunities and challenges in the Chinese marketplace. The hearing will be co-chaired by Commissioners Robin Cleveland and Carte Goodwin. Any interested party may file a written statement by March 7, 2013, by mailing to the contact below. A portion of each panel will include a question and answer period between the Commissioners and the witnesses. PO 00000 Frm 00160 Fmt 4703 Sfmt 9990 14423 Location, Date and Time: 562 Dirksen Senate Office Building. Thursday, March 7, 2013, 9:00 a.m.–3:30 p.m. Eastern Time. A detailed agenda for the hearing is posted to the Commission’s Web site at www.uscc.gov. Also, please check our Web site for possible changes to the hearing schedule. Reservations are not required to attend the hearing. FOR FURTHER INFORMATION CONTACT: Any member of the public seeking further information concerning the hearing should contact Reed Eckhold, 444 North Capitol Street NW., Suite 602, Washington, DC 20001; phone: 202– 624–1496, or via email at reckhold@uscc.gov. Reservations are not required to attend the hearing. Authority: Congress created the U.S.-China Economic and Security Review Commission in 2000 in the National Defense Authorization Act (Pub. L. 106–398), as amended by Division P of the Consolidated Appropriations Resolution, 2003 (Pub. L. 108–7), as amended by Public Law 109–108 (November 22, 2005). Dated: February 28, 2013. Michael Danis, Executive Director, U.S.-China Economic and Security Review Commission. [FR Doc. 2013–05013 Filed 3–4–13; 8:45 am] BILLING CODE 1137–00–P E:\FR\FM\05MRN1.SGM 05MRN1

Agencies

[Federal Register Volume 78, Number 43 (Tuesday, March 5, 2013)]
[Notices]
[Pages 14422-14423]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-05013]


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U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION


Notice of Open Public Hearing

AGENCY: U.S.-China Economic and Security Review Commission.

ACTION: Notice of open public hearing--March 7, 2013, Washington, DC.

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SUMMARY: 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

[[Page 14423]]

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 March 7, 
2013, ``Corporate Accountability, Access to Credit, and Access to 
Markets in China's Financial System--the Rules and Their Ramifications 
for U.S. Investors.''
    Background: This is the second public hearing the Commission will 
hold during its 2013 report cycle to collect input from academic, 
industry, and government experts on national security implications of 
the U.S. bilateral trade and economic relationship with China. The 
economic and political drivers, rules and norms that govern China's 
financial markets diverge--sometimes sharply--from those that define 
the system in the United States, presenting unique challenges for U.S. 
investors and the enforcement agencies charged with protecting their 
interests. While investors have been eager to buy stock in high yield 
U.S.-listed Chinese companies accounting and financial management 
problems have created concern about the adequacy of protection of U.S. 
investors interests. Companies traded in U.S. Capital markets are 
required to disclose details of business strategies, financial records 
and operations. With SEC and U.S. exchanges halting trading of dozens 
of Chinese companies due to accounting practices and concerns about 
fraud, the Commission will examine U.S. and Chinese corporate 
governance and accountability rules, regulations and enforcement 
mechanisms. The Commission will also consider the availability of 
financial services, access to credit, and market opportunities for both 
Chinese and American private sector enterprises. With U.S. firms eager 
to meet growing demand for their financial services, witnesses will 
testify regarding access, opportunities and challenges in the Chinese 
marketplace.
    The hearing will be co-chaired by Commissioners Robin Cleveland and 
Carte Goodwin. Any interested party may file a written statement by 
March 7, 2013, by mailing to the contact below. A portion of each panel 
will include a question and answer period between the Commissioners and 
the witnesses.
    Location, Date and Time: 562 Dirksen Senate Office Building. 
Thursday, March 7, 2013, 9:00 a.m.-3:30 p.m. Eastern Time. A detailed 
agenda for the hearing is posted to the Commission's Web site at 
www.uscc.gov. Also, please check our Web site for possible changes to 
the hearing schedule. Reservations are not required to attend the 
hearing.

FOR FURTHER INFORMATION CONTACT: Any member of the public seeking 
further information concerning the hearing should contact Reed Eckhold, 
444 North Capitol Street NW., Suite 602, Washington, DC 20001; phone: 
202-624-1496, or via email at reckhold@uscc.gov. Reservations are not 
required to attend the hearing.

    Authority: Congress created the U.S.-China Economic and Security 
Review Commission in 2000 in the National Defense Authorization Act 
(Pub. L. 106-398), as amended by Division P of the Consolidated 
Appropriations Resolution, 2003 (Pub. L. 108-7), as amended by 
Public Law 109-108 (November 22, 2005).

    Dated: February 28, 2013.
Michael Danis,
Executive Director, U.S.-China Economic and Security Review Commission.
[FR Doc. 2013-05013 Filed 3-4-13; 8:45 am]
BILLING CODE 1137-00-P