Income Tax Review, 826 [2019-00397]

Download as PDF 826 Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2019–00395 Filed 1–30–19; 8:45 am] BILLING CODE 7710–FW–P POSTAL REGULATORY COMMISSION [Docket No. T2019–1; Order No. 4986] Income Tax Review Postal Regulatory Commission. ACTION: Notice. AGENCY: The Commission is noticing a recent Postal Service filing concerning the calculation of the assumed Federal income tax on competitive products income for Fiscal Year 2018. This notice informs the public of the filing, invites public comment, and takes other administrative steps. DATES: Comments are due: March 1, 2019. SUMMARY: Submit comments electronically via the Commission’s Filing Online system at http:// www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. ADDRESSES: FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: The Commission invites comments on whether the Postal Service’s filing in this docket is consistent with the policies of 39 U.S.C. 3634 and 39 CFR 3060.40 et seq. Comments are due no later than March 1, 2019. The Postal Service’s filing can be accessed via the Commission’s website (http:// www.prc.gov). The Commission appoints Jennaca D. Upperman to serve as Public Representative in this docket. III. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. T2019–1 to consider the calculation of the assumed Federal income tax on competitive products for FY 2018. 2. Pursuant to 39 U.S.C. 505, Jennaca D. Upperman is appointed to serve as an officer of the Commission to represent the interests of the general public in this proceeding (Public Representative). 3. Comments are due no later than March 1, 2019. 4. The Secretary shall arrange for publication of this order in the Federal Register. Due to its funding lapse, the Federal Register is not being supported and this order’s publication will be delayed. The delay in publication in the Federal Register will not affect comment deadlines. By the Commission. Stacy L. Ruble, Secretary. [FR Doc. 2019–00397 Filed 1–30–19; 8:45 am] BILLING CODE 7710–FW–P Table of Contents I. Introduction II. Notice of Commission Action III. Ordering Paragraphs POSTAL REGULATORY COMMISSION I. Introduction FY 2018 Annual Compliance Report In accordance with 39 U.S.C. 3634 and 39 CFR 3060.40 et seq., the Postal Service filed its calculation of the assumed Federal income tax on competitive products income for fiscal year (FY) 2018.1 The calculation details the FY 2018 competitive product revenue and expenses, the competitive products net income before tax, and the assumed Federal income tax on that net income. AGENCY: [Docket No. ACR2018; Order No. 4960] amozie on DSK3GDR082PROD with NOTICES1 II. Notice of Commission Action In accordance with 39 CFR 3060.42, the Commission establishes Docket No. T2019–1 to review the calculation of the assumed Federal income tax and supporting documentation. 1 See Notice of the United States Postal Service of Submission of the Calculation of the FY 2018 Assumed Federal Income Tax on Competitive Products, January 10, 2019. VerDate Sep<11>2014 20:21 Jan 30, 2019 Jkt 247001 ACTION: Postal Regulatory Commission. Notice. The Postal Service has filed an Annual Compliance Report on the costs, revenues, rates, and quality of service associated with its products in fiscal year 2018. Within 90 days, the Commission must evaluate that information and issue its determination as to whether rates were in compliance with title 39, chapter 36, and whether service standards in effect were met. To assist in this, the Commission seeks public comments on the Postal Service’s Annual Compliance Report. DATES: Comments are due: January 31, 2019. Reply Comments are due: February 11, 2019. ADDRESSES: Submit comments electronically via the Commission’s Filing Online system at http:// SUMMARY: PO 00000 Frm 00181 Fmt 4703 Sfmt 4703 www.prc.gov. Those who cannot submit comments electronically should contact the person identified in the FOR FURTHER INFORMATION CONTACT section by telephone for advice on filing alternatives. FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 202–789–6820. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. Overview of the Postal Service’s FY 2018 ACR III. Procedural Steps IV. Ordering Paragraphs I. Introduction On December 28, 2018, the United States Postal Service (Postal Service) filed with the Commission its Annual Compliance Report (ACR) for fiscal year (FY) 2018, pursuant to 39 U.S.C. 3652.1 Section 3652 requires submission of data and information on the costs, revenues, rates, and quality of service associated with postal products within 90 days of the closing of each fiscal year. In conformance with other statutory provisions and Commission rules, the ACR includes the Postal Service’s FY 2018 Comprehensive Statement, its FY 2018 annual report to the Secretary of the Treasury on the Competitive Products Fund, and certain related Competitive Products Fund material. See respectively, 39 U.S.C. 3652(g), 39 U.S.C. 2011(i), and 39 CFR 3060.20–23. In line with past practice, some of the material in the FY 2018 ACR appears in non-public annexes. The filing begins a review process that results in an Annual Compliance Determination (ACD) issued by the Commission to determine whether Postal Service products offered during FY 2018 were in compliance with applicable title 39 requirements. II. Overview of the Postal Service’s FY 2018 ACR Contents of the filing. The Postal Service’s FY 2018 ACR consists of a 77page narrative; extensive additional material appended as separate folders and identified in Attachment One; and an application for non-public treatment of certain materials, along with supporting rationale, filed as Attachment Two. The filing also includes the Comprehensive 1 United States Postal Service FY 2018 Annual Compliance Report, December 28, 2018 (FY 2018 ACR). Public portions of the Postal Service’s filing are available on the Commission’s website at http:// www.prc.gov. E:\FR\FM\31JAN1.SGM 31JAN1

Agencies

[Federal Register Volume 84, Number 21 (Thursday, January 31, 2019)]
[Notices]
[Page 826]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-00397]


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POSTAL REGULATORY COMMISSION

[Docket No. T2019-1; Order No. 4986]


Income Tax Review

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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SUMMARY: The Commission is noticing a recent Postal Service filing 
concerning the calculation of the assumed Federal income tax on 
competitive products income for Fiscal Year 2018. This notice informs 
the public of the filing, invites public comment, and takes other 
administrative steps.

DATES: Comments are due: March 1, 2019.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://www.prc.gov. Those who cannot submit comments 
electronically should contact the person identified in the FOR FURTHER 
INFORMATION CONTACT section by telephone for advice on filing 
alternatives.

FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at 
202-789-6820.

SUPPLEMENTARY INFORMATION:

Table of Contents

I. Introduction
II. Notice of Commission Action
III. Ordering Paragraphs

I. Introduction

    In accordance with 39 U.S.C. 3634 and 39 CFR 3060.40 et seq., the 
Postal Service filed its calculation of the assumed Federal income tax 
on competitive products income for fiscal year (FY) 2018.\1\ The 
calculation details the FY 2018 competitive product revenue and 
expenses, the competitive products net income before tax, and the 
assumed Federal income tax on that net income.
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    \1\ See Notice of the United States Postal Service of Submission 
of the Calculation of the FY 2018 Assumed Federal Income Tax on 
Competitive Products, January 10, 2019.
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II. Notice of Commission Action

    In accordance with 39 CFR 3060.42, the Commission establishes 
Docket No. T2019-1 to review the calculation of the assumed Federal 
income tax and supporting documentation.
    The Commission invites comments on whether the Postal Service's 
filing in this docket is consistent with the policies of 39 U.S.C. 3634 
and 39 CFR 3060.40 et seq. Comments are due no later than March 1, 
2019. The Postal Service's filing can be accessed via the Commission's 
website (http://www.prc.gov).
    The Commission appoints Jennaca D. Upperman to serve as Public 
Representative in this docket.

III. Ordering Paragraphs

    It is ordered:
    1. The Commission establishes Docket No. T2019-1 to consider the 
calculation of the assumed Federal income tax on competitive products 
for FY 2018.
    2. Pursuant to 39 U.S.C. 505, Jennaca D. Upperman is appointed to 
serve as an officer of the Commission to represent the interests of the 
general public in this proceeding (Public Representative).
    3. Comments are due no later than March 1, 2019.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register. Due to its funding lapse, the Federal Register is not 
being supported and this order's publication will be delayed. The delay 
in publication in the Federal Register will not affect comment 
deadlines.

    By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2019-00397 Filed 1-30-19; 8:45 am]
BILLING CODE 7710-FW-P