2048 Federal Register / Vol. 60, No. 4 / Friday, January 6, 1995 / Proposed Rules

List of Subjects in 14 CFR Part 71

Airspace, Incorporation by reference,

Navigation (air).

The Proposed Amendment

In consideration of the foregoing, the

Federal Aviation Administration

proposes to amend 14 CFR part 71 as

follows:

PART 71—[AMENDED]

1. The authority citation for part 71

continues to read as follows:

Authority: 49 U.S.C. app. 1348(a), 1354(a),

1510; E.O. 10854, 24 FR 9565, 3 CFR, 1959–

1963 Comp., p. 389; 49 U.S.C. 106(g); 14 CFR

11.69.

§ 71.1 [Amended]

2. The incorporation by reference in

14 CFR 71.1 of the Federal Aviation

Administration Order 7400.9B, Airspace

Designations and Reporting Points,

dated July 18, 1994, and effective

September 16, 1994, is amended as

follows:

Paragraph 6005—Class E airspace areas

extending upward from 700 feet or more

above the surface of the earth

* * * * *

AEA NY TA Dunkirk, NY [Revised]

Chautauqua County/Dunkirk Airport,

Dunkirk, NY

(Lat. 42°29′36′′N., long. 79°16′19′′W.)

Dunkirk VORTAC, NY

(Lat. 42°29′26′′N., long. 79°16′27′′W.)

Angola Airport, NY

(Lat. 42°39′37′′N., long. 78°59′28′′W.)

That airspace extending upward from 700

feet above the surface within a 6.6-mile

radius of the Chautauqua County/Dunkirk

Airport and within an 11.8-mile radius of the

Chautauqua County/Dunkirk Airport

extending clockwise from a 022° to a 232°

bearing from the Chautauqua County/

Dunkirk Airport and within a 6.3-mile radius

of the Angola Airport and that airspace

within 5.3 miles northwest of the 051°(T)

058°(M) radial of the Dunkirk VORTAC and

within 5.3 miles northwest of the 231°(T)

238°(M), extending southwest along said

radials from the 6.3-mile radius to 9.9 miles

southwest of the VORTAC.

* * * * *

Issued in Jamaica, New York, on December

20, 1994.

John S. Walker,

Manager, Air Traffic Division.

[FR Doc. 95–366 Filed 1–5–95; 8:45 am]

BILLING CODE 4910–13–M

14 CFR Part 73

[Airspace Docket No. 94–AWP–15]

Proposed Establishment of Restricted

Area R–2311, Yuma Proving Ground,

Yuma, AZ

AGENCY: Federal Aviation

Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking.

SUMMARY: This proposed rule would

establish Restricted Area R–2311, Yuma

Proving Ground, Yuma, AZ, to replace

the Controlled Firing Area (CFA) now in

use near Yuma, AZ. The proposal is in

support of the U.S. Army weapons and

ammunition acceptance testing mission

being relocated from Jefferson Proving

Ground, IN.

DATES: Comments must be received on

or before February 15, 1995.

ADDRESSES: Send comments on the

proposal in triplicate to: Manager, Air

Traffic Division, AWP–500, Docket No.

94–AWP–15, Federal Aviation

Administration, P.O. Box 92007,

Worldway Postal Center, Los Angeles,

CA 90009.

The official docket may be examined

in the Rules Docket, Office of the Chief

Counsel, Room 916, 800 Independence

Avenue, SW., Washington, DC,

weekdays, except Federal holidays,

between 8:30 a.m. and 5:00 p.m.

An informal docket may also be

examined during normal business hours

at the office of the Regional Air Traffic

Division.

FOR FURTHER INFORMATION CONTACT:

James R. Robinson, Military Operations

Program Office (ATM–420), Office of

Air Traffic System Management, Federal

Aviation Administration, 800

Independence Avenue, SW.,

Washington, D.C. 20591; telephone:

(202) 493–4050.

SUPPLEMENTARY INFORMATION:

Comments Invited

Interested parties are invited to

participate in this proposed rulemaking

by submitting such written data, views,

or arguments as they may desire.

Comments that provide the factual basis

supporting the views and suggestions

presented are particularly helpful in

developing reasoned regulatory

decisions on the proposal. Comments

are specifically invited on the overall

regulatory, aeronautical, environmental,

economic, and energy-related aspects of

the proposal. Communications should

identify the airspace docket number and

be submitted in triplicate to the address

listed above. Commenters wishing the

FAA to acknowledge receipt of their

comments on this notice must submit

with those comments a self-addressed,

stamped postcard on which the

following statement is made:

‘‘Comments to Airspace Docket No. 94–

AWP–15.’’ The postcard will be date/

time stamped and returned to the

commenter. Send comments on

environmental and land use aspects to:

Commander, U.S. Army, Yuma Proving

Ground, Attn: STEYP-ES, (Mr. Lance

Vander Zyl), Yuma, AZ 85365–9107. All

communications received on or before

the specified closing date for comments

will be considered before taking action

on the proposed rule. The proposal

contained in this notice may be changed

in light of comments received. All

comments submitted will be available

for examination in the Rules Docket

both before and after the closing date for

comments. A report summarizing each

substantive public contact with FAA

personnel concerned with this

rulemaking will be filed in the docket.

Availability of NPRM’s

Any person may obtain a copy of this

Notice of Proposed Rulemaking (NPRM)

by submitting a request to the Federal

Aviation Administration, Office of

Public Affairs, Attention: Public Inquiry

Center, APA–220, 800 Independence

Avenue, SW., Washington, DC 20591, or

by calling (202) 267–3485.

Communications must identify the

notice number of this NPRM. Persons

interested in being placed on a mailing

list for future NPRM’s should also

request a copy of Advisory Circular No.

11–2A, which describes the application

procedure.

The Proposal

The FAA is considering an

amendment to part 73 of the Federal

Aviation Regulations (14 CFR part 73) to

establish Restricted Area, R–2311, Yuma

Proving Ground, Yuma, AZ. The

proposed new restricted area would be

within the lateral boundaries of the

existing KOFA South CFA and would

extend from the surface to 3,500 feet

mean sea level (MSL). The times of use

would be identical to the existing KOFA

South CFA, sunrise to sunset, Monday–

Saturday; other times by NOTAM. The

closure of Jefferson Proving Ground, IN,

and the subsequent move of the

munitions testing function to Yuma

Proving Ground has created a need for

uninterrupted use of this airspace to

support the U.S. Army test and

evaluation command mission. These

activities can not be fully

accommodated on existing ranges

located at Yuma Proving Ground. The

restrictions and limitations on CFA

activity are not amenable to the type of

activity required for munitions
Federal Register / Vol. 60, No. 4 / Friday, January 6, 1995 / Proposed Rules 2049

production acceptance testing. The

proposed restricted area would provide

improved capabilities for the

ammunition acceptance testing program

and mine testing facility activities. The

proposed restricted area would be joint

use. When not being utilized by Yuma

Proving Ground, it would be released to

the controlling agency, Yuma Approach

Control. The coordinates for this

airspace docket are based on North

American Datum 83. Section 73.23 of

part 73 of the Federal Aviation

Regulations was republished in FAA

Order 7400.8B dated March 9, 1994.

The FAA has determined that this

proposed regulation only involves an

established body of technical

regulations for which frequent and

routine amendments are necessary to

keep them operationally current. It,

therefore—(1) is not a ‘‘significant

regulatory action’’ under Executive

Order 12866; (2) is not a ‘‘significant

rule’’ under DOT Regulatory Policies

and Procedures (44 FR 11034; February

26, 1979); and (3) does not warrant

preparation of a regulatory evaluation as

the anticipated impact is so minimal.

Since this is a routine matter that will

only affect air traffic procedures and air

navigation, it is certified that this rule,

when promulgated, will not have a

significant economic impact on a

substantial number of small entities

under the criteria of the Regulatory

Flexibility Act.

Environmental Review

An environmental impact statement

(EIS) concerning the proposal has been

prepared by the U.S. Army. The FAA

will review the EIS prior to an FAA

final decision on the proposal. The

results of the review will be addressed

in any subsequent rulemaking action.

List of Subjects in 14 CFR Part 73

Airspace, Navigation (air).

The Proposed Amendment

In consideration of the foregoing, the

Federal Aviation Administration

proposes to amend 14 CFR part 73 as

follows:

PART 73—[AMENDED]

1. The authority citation for part 73

continues to read as follows:

Authority: 49 U.S.C. app. 1348(a), 1354(a),

1510, 1522; E.O. 10854, 24 FR 9565, 3 CFR,

1959–1963 Comp., p. 389; 49 U.S.C. 106(g);

14 CFR 11.69.

2. Section 73.23 is amended as

follows:

§ 73.23 [Amended]

R–2311 Yuma Proving Ground, Yuma, AZ

[New]

Boundaries. Beginning at lat. 32°46′48′′ N.,

long. 114°19′16′′ W.; to lat. 32°51′20′′ N.,

long. 114°19′04′′ W.; to lat. 32°51′53′′ N.,

long. 114°03′40′′ W.; to lat. 32°46′48′′ N.,

long. 114°03′51′′ W.;

to the point of beginning.

Altitudes. Surface to 3,500 feet MSL.

Time of designation. Sunrise to sunset,

Monday–Saturday; other times by NOTAM.

Controlling Agency. Yuma Approach

Control.

Using Agency. U.S. Army, Commanding

Officer, Yuma Proving Ground, Yuma, AZ.

Issued in Washington, DC, on December

21, 1994.

Harold W. Becker,

Manager, Airspace-Rules and Aeronautical

Information Division.

[FR Doc. 95–367 Filed 1–5–95, 8:45am]

BILLING CODE 4910–13–P

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[INTL–933–86]

RIN 1545–AL98

Computation of Foreign Taxes Deemed

Paid Under Section 902 Pursuant to a

Pooling Mechanism for Undistributed

Earnings and Foreign Taxes

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Notice of proposed rulemaking.

SUMMARY: This document contains

proposed income tax regulations

relating to the computation of foreign

taxes deemed paid under section 902.

Changes to the applicable law were

made by the Tax Reform Act of 1986

and by the Technical and Miscellaneous

Revenue Act of 1988 (TAMRA). These

regulations would provide guidance

needed to comply with these changes

and affect foreign corporations and their

United States corporate shareholders.

DATES: Comments and requests for a

public hearing must be received by

April 6, 1995.

ADDRESSES: Send submissions to:

CC:DOM:CORP:T:R (INTL–933–86),

room 5228, Internal Revenue Service,

POB 7604, Ben Franklin Station,

Washington, D.C. 20044. In the

alternative, submissions may be hand

delivered to: CC:DOM:CORP:T:R (INTL–

933–86), Courier’s Desk, Internal

Revenue Service, 1111 Constitution

Avenue NW, Washington, DC.

FOR FURTHER INFORMATION CONTACT:

Concerning the regulations, Caren S.

Shein (202) 622–3850, or Kristine K.

Schlaman (202) 622–3840.

SUPPLEMENTARY INFORMATION:

Paperwork Reduction Act

The collection of information

contained in this notice of proposed

rulemaking has been submitted to the

Office of Management and Budget for

review in accordance with the

Paperwork Reduction Act (44 U.S.C.

3504(h)). Comments on the collection of

information should be sent to the Office

of Management and Budget, Attention:

Desk Officer for the Department of the

Treasury, Office of Information and

Regulatory Affairs, Washington, DC

20503, with copies to the Internal

Revenue Service, Attention: IRS Reports

Clearance Officer PC:FP, Washington,

DC 20224.

The collection of information

requirement in this regulation is in

§ 1.902–1(e). This information is

required by the IRS to implement

section 902 as amended by the Tax

Reform Act of 1986. This information

will be used by law enforcement

authorities with respect to the

enforcement of Federal laws. The likely

respondents are businesses or other forprofit institutions.

Estimated total annual reporting burden:

225,520 hours.

Estimated total annual burden per

respondent: 112.76 hours.

Estimated number of respondents: 2000.

Estimated annual frequency of response:

one.

Background

This document contains proposed

amendments to the Income Tax

Regulations (26 CFR part 1) under

section 902 of the Internal Revenue

Code of 1986. These amendments are

proposed to conform the regulations to

section 1202(a) of the Tax Reform Act of

1986 (Pub. L. 99–514, 100 Stat. 1085),

and to section 1012(b) of the Technical

and Miscellaneous Revenue Act of 1988

(TAMRA) (Pub. L. 100–647, 102 Stat.

3242).

Proposed Effective Dates

These regulations are proposed to be

effective for taxable years beginning

after December 31, 1986.

Explanation of Provisions

Section 1.902–1

Section 902 provides a mechanism by

which foreign income taxes paid by a

foreign corporation are deemed paid by

a domestic corporate shareholder

owning at least 10 percent of the voting

stock of the foreign corporation.

Paragraphs (a) (1) through (12) of