Proposed Collection: Comment Request for Regulation Project, 63568 [2013-24984]
Download as PDF
<![CDATA[
63568
Federal Register / Vol. 78, No. 206 / Thursday, October 24, 2013 / Notices
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: October 9, 2013.
Yvette Lawrence,
IRS, Reports Clearance Officer.
[FR Doc. 2013–24945 Filed 10–23–13; 8:45 am]
BILLING CODE 4830–01–P
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.
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 unified
rule for loss on subsidiary stock.
DATES: Written comments should be
received on or before December 23, 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 regulation should be
directed to LaNita Van Dyker at Internal
Revenue Service, Room 6511, 1111
Constitution Avenue NW., Washington,
DC 20224, or through the Internet, at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Unified Rule for Loss on
Subsidiary Stock.
OMB Number: 1545–2096.
Regulation Project Number: REG–
157711–02 (TD 9424—final).
Abstract: This document contains
final regulations under sections 358,
362(e)(2), and 1502 of the Internal
Revenue Code (Code). The regulations
apply to corporations filing
mstockstill on DSK4VPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
17:25 Oct 23, 2013
Jkt 232001
consolidated returns, and corporations
that enter into certain tax-free
reorganizations. The regulations provide
rules for determining the tax
consequences of a member’s transfer
(including by deconsolidation and
worthlessness) of loss shares of
subsidiary stock. In addition, the
regulations provide that section
362(e)(2) generally does not apply to
transactions between members of a
consolidated group. Finally, the
regulations conform or clarify various
provisions of the consolidated return
regulations, including those relating to
adjustments to subsidiary stock basis.
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:
100.
Estimated Time per Respondent: 15
minutes.
Estimated Total Annual Burden
Hours: 25.
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.
PO 00000
Frm 00121
Fmt 4703
Sfmt 4703
Approved: September 24, 2013.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2013–24984 Filed 10–23–13; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment
Request for Rev. Proc. 2007–35
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
Revenue Procedure 2007–35, Statistical
Sampling for purposes of Section 199.
DATES: Written comments should be
received on or before December 23, 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 revenue procedure should
be directed to LaNita Van Dyke, at
Internal Revenue Service, Room 6511,
1111 Constitution Avenue NW.,
Washington, DC 20224, or through the
Internet, at Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Statistical Sampling for
purposes of Section 199.
OMB Number: 1545–2072.
Revenue Procedure Number: RP–
2007–35.
Abstract: This revenue procedure
provides for determining when
statistical sampling may be used in
purposes of section 199, which provides
a deduction for income attributable to
domestic production activities, and
establishes acceptable statistical
sampling methodologies.
Current Actions: Extension of a
previously approved collection.
Affected Public: Business or other forprofit institutions, and individuals or
households or farms.
Estimated Number of Respondents:
300.
SUMMARY:
E:\FR\FM\24OCN1.SGM
24OCN1
]]>Agencies
[Federal Register Volume 78, Number 206 (Thursday, October 24, 2013)]
[Notices]
[Page 63568]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-24984]
-----------------------------------------------------------------------
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.
-----------------------------------------------------------------------
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
unified rule for loss on subsidiary stock.
DATES: Written comments should be received on or before December 23,
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 regulation should be directed to LaNita Van Dyker at
Internal Revenue Service, Room 6511, 1111 Constitution Avenue NW.,
Washington, DC 20224, or through the Internet, at
Lanita.VanDyke@irs.gov.
SUPPLEMENTARY INFORMATION:
Title: Unified Rule for Loss on Subsidiary Stock.
OMB Number: 1545-2096.
Regulation Project Number: REG-157711-02 (TD 9424--final).
Abstract: This document contains final regulations under sections
358, 362(e)(2), and 1502 of the Internal Revenue Code (Code). The
regulations apply to corporations filing consolidated returns, and
corporations that enter into certain tax-free reorganizations. The
regulations provide rules for determining the tax consequences of a
member's transfer (including by deconsolidation and worthlessness) of
loss shares of subsidiary stock. In addition, the regulations provide
that section 362(e)(2) generally does not apply to transactions between
members of a consolidated group. Finally, the regulations conform or
clarify various provisions of the consolidated return regulations,
including those relating to adjustments to subsidiary stock basis.
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: 100.
Estimated Time per Respondent: 15 minutes.
Estimated Total Annual Burden Hours: 25.
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: September 24, 2013.
R. Joseph Durbala,
IRS Tax Analyst.
[FR Doc. 2013-24984 Filed 10-23-13; 8:45 am]
BILLING CODE 4830-01-P
