6098 Federal Register / Vol. 90, No. 11 / Friday, January 17, 2025 / Notices 

York) (United States) [VENEZUELA– 

EO13850]. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2025–01119 Filed 1–16–25; 8:45 am] 

BILLING CODE 4810–AL–P 

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 Internal Revenue Service 

(IRS), 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 information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning, 

Amortization of Intangible Property. 

DATES: Written comments should be 

received on or before March 18, 2025 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Andres Garcia, Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

by email to pra.comments@irs.gov. 

Include ‘‘OMB Number 1545–1671— 

Amortization of Intangible Property’’ in 

the subject line of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this collection should be 

directed to Martha R. Brinson, at 

(202)317–5753, or at Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

through the internet at 

Martha.R.Brinson@irs.gov. 

SUPPLEMENTARY INFORMATION:

Title: Amortization of Intangible 

Property. 

OMB Number: 1545–1671. 

Regulation Project Number: TD 8865 

(REG–209709–94). 

Abstract: These regulations apply to 

property acquired after January 25, 

2000. Regulations to implement section 

197(e)(4)(D) are applicable August 11, 

1993, for property acquired after August 

10, 1993 (or July 26, 1991, for property 

acquired after July 25, 1991, if a valid 

retroactive election has been made 

under § 1.197–1). 

Current Actions: There are no changes 

being made to the regulation at this 

time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

500. 

Estimated Time per Respondent: 3 

hours. 

Estimated Total Annual Burden 

Hours: 1,500. 

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. Comments 

will be 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 has 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 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: January 10, 2025. 

Martha R. Brinson, 

Tax Analyst. 

[FR Doc. 2025–01068 Filed 1–16–25; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 99–17 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice and request for 

comments. 

SUMMARY: The Internal Revenue Service 

(IRS), 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 information 

collections, as required by the 

Paperwork Reduction Act of 1995. The 

IRS is soliciting comments concerning, 

Mark to Market Election for 

Commodities Dealers and Securities and 

Commodities Traders. 

DATES: Written comments should be 

received on or before March 18, 2025 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Andres Garcia, Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

by email to pra.comments@irs.gov. 

Include ‘‘OMB Number 1545–1641— 

Mark to Market Election for 

Commodities Dealers and Securities and 

Commodities Traders’’ in the subject 

line of the message. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this collection should be 

directed to Martha R. Brinson, at (202) 

317–5753, or at Internal Revenue 

Service, Room 6526, 1111 Constitution 

Avenue NW, Washington, DC 20224, or 

through the internet at 

Martha.R.Brinson@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Mark to Market Election for 

Commodities Dealers and Securities and 

Commodities Traders. 

OMB Number: 1545–1641. 

Revenue Procedure Number: 99–17 

(modified by Revenue Procedure 99– 

49). 

Abstract: The revenue procedure 

prescribes the time and manner for 

dealers in commodities and traders in 

securities or commodities to elect to use 

the mark-to-market method of 

accounting under Sec. 475(e) or (f) of 

the Internal Revenue Code. The 

collections of information of this 

revenue procedure are required by the 

IRS in order to facilitate monitoring 

taxpayers changing accounting methods 

resulting from making the elections 

under Sec. 475(e) or (f). 

Current Actions: There are no changes 

being made to the Rev. Proc. at this 

time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Business or other forprofit organizations. 

Estimated Number of Respondents: 

1,000. 

Estimated Time per Respondent: 30 

mins. 

Estimated Total Annual Burden 

Hours: 500. 

The following paragraph applies to all 

of the collections of information covered 

by this notice: 


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