Federal Register / Vol. 65, No. 191 / Monday, October 2, 2000 / Notices 58843

has been revoked, effective upon the

date of the final notice.

If a suspension is imposed, the

suspended test program participant may

seek a second level of administrative

review and appeal the final notice of

suspension by submitting

documentation to the Assistant

Commissioner, Office of Field

Operations, within 10 calendar days

from the date of the final notice.

The Assistant Commissioner, Office of

Field Operations, or his designee, will

issue to the suspended test program

participant a written decision within 30

calendar days from the date the

documentation was received, unless this

time period is extended upon due

notice. The decision will affirm, modify,

or revoke the final notice of suspension

and will set forth the basis for the

determination, as well as all other

applicable terms and conditions.

VI. Test Evaluation Criteria

Once participants are selected,

Customs and the participants will meet

publicly or in an electronic forum to

review the comments received

concerning the methodology of the test

program or procedures, complete

procedures in light of those comments,

form problem-solving teams, and

establish baseline measures and

evaluation methods and criteria.

Evaluations of the test program will be

conducted and the final results will be

published in the Federal Register and

Customs Bulletin, as required by section

101.9(b), Customs Regulations.

The following evaluation methods

and criteria have been suggested:

1. Establish baseline measurements

through questionnaires to the trade and

Customs personnel; and

2. Analyze statistical data obtained

through the AAMS.

Preliminary evaluation criteria for

Customs and other government agencies

include workload impact (workload

shifts, cycle time, etc.), policy and

procedural accommodation, and trade

compliance impact. Possible criteria for

the trade participants include cost

benefits and operational efficiency.

Dated: September 27, 2000.

Bonni G. Tischler,

Assistant Commissioner, Office of Field

Operations.

[FR Doc. 00–25182 Filed 9–29–00; 8:45 am]

BILLING CODE 4820–02–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Form 8869

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 Form

8869, Qualified Subchapter S

Subsidiary Election.

DATES: Written comments should be

received on or before December 1, 2000

to be assured of consideration.

ADDRESSES: Direct all written comments

to Garrick R. Shear, Internal Revenue

Service, room 5244, 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 Faye Bruce, (202)

622–6665, Internal Revenue Service,

room 5244, 1111 Constitution Avenue

NW., Washington, DC 20224.

SUPPLEMENTARY INFORMATION:

Title: Qualified Subchapter S

Subsidiary Election.

OMB Number: 1545–1700.

Form Number: 8869.

Abstract: Effective for tax years

beginning after December 31, 1996,

Internal Revenue Code section

1361(b)(3) allows an S corporation to

own a corporate subsidiary, but only if

it is wholly owned. To do so, the parent

S corporation must elect to treat the

wholly owned subsidiary as a qualified

subchapter S subsidiary (QSub). Form

8869 is used to make this election.

Current Actions: There are no changes

being made to the form at this time.

Affected Public: Businesses or other

for-profit organizations.

Estimated Number of Respondents:

5,000.

Estimated Time Per Respondent: 8

hrs., 9 mins.

Estimated Total Annual Burden

Hours: 40,750.

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 20, 2000.

Garrick R. Shear,

IRS Reports Clearance Officer.

[FR Doc. 00–25097 Filed 9–29–00; 8:45 am]

BILLING CODE 4830–01–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

Proposed Collection; Comment

Request for Revenue Procedure 2000–

37

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