53022 Federal Register / Vol. 75, No. 167 / Monday, August 30, 2010 / Notices 

Corporation Under the Jurisdiction of a 

Court in a Title 11 Case. 

OMB Number: 1545–1324. 

Regulation Project Number: CO–88– 

90 (TD 8530). 

Abstract: This regulation provides 

guidance on determining the value of a 

loss corporation following an ownership 

change to which section 382(1)(6) of the 

Internal Revenue Code applies. Under 

Code sections 382 and 383, the value of 

the loss corporation, together with 

certain other factors, determines the rate 

at which certain pre-change tax 

attributes may be used to offset postchange income and tax liability. 

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: 

3,250. 

Estimated Time Per Respondent: 15 

minutes. 

Estimated Total Annual Burden 

Hours: 813. 

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: August 17, 2010. 

R. Joseph Durbala, 

IRS Tax Analyst. 

[FR Doc. 2010–21461 Filed 8–27–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[PS–19–92] 

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 an 

existing proposed regulations, PS–19–92 

(Final) Carryover Allocations and Other 

Rules Relating to the Low-Income 

Housing Credit, TD 9420—Section 42 

Utility Allowance Regulations Update. 

DATES: Written comments should be 

received on or before October 29, 2010 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Gerald J. Shields, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulations should be 

directed to R. Joseph Durbala at Internal 

Revenue Service, room 6129, 1111 

Constitution Avenue, NW., Washington, 

DC 20224, or at (202) 622–3634, or 

through the Internet at 

RJoseph.Durbala@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Carryover Allocations and Other 

Rules Relating to the Low-Income 

Housing Credit. 

OMB Number: 1545–1102. 

Regulation Project Number: PS–19–92 

(Final), TD 9420 (Final). 

Abstract: The regulations provide the 

Service the information it needs to 

ensure that low-income housing tax 

credits are being properly allocated 

under section 42. This is accomplished 

through the use of carryover allocation 

documents, election statements, and 

binding agreements executed between 

taxpayers (e.g. individuals, businesses, 

etc.) and housing credit agencies. 

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: 

2,230. 

Estimated Time per Respondent: 1 

hour, 50 minutes. 

Estimated Total Annual Burden 

Hours: 4,008. 

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: August 23, 2010. 

R. Joseph Durbala, 

IRS Tax Analyst. 

[FR Doc. 2010–21477 Filed 8–27–10; 8:45 am] 

BILLING CODE 4830–01–P 


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