Federal Register / Vol. 75, No. 167 / Monday, August 30, 2010 / Notices 53021 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Form 2848, 2848(SP) 

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 

2848, 2848(SP) Power of Attorney and 

Declaration of Representative. 

DATES: Written comments should be 

received on or before October 29, 2010 

to be assured of consideration. 

ADDRESSES: Direct all written comments 

to Gerald 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 form and instructions 

should be directed to Joel Goldberger at 

Internal Revenue Service, room 6129, 

1111 Constitution Avenue, NW., 

Washington, DC 20224, or at (202) 927– 

9368, or through the Internet at 

Joel.P.Goldberger@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Power of Attorney and 

Declaration of Representative; Poder 

Legally Declaracion y del Representante. 

OMB Number: 1545–0150. 

Form Number: 2848; 2848(SP). 

Abstract: Form 2848 or Form 

2848(SP) is issued to authorize someone 

to act for the taxpayer in tax matters. It 

grants all powers that the taxpayer has 

except signing a return and cashing 

refund checks. The information on the 

form is used to identify representatives 

and to ensure that confidential 

information is not divulged to 

unauthorized persons. 

Current Actions: There are no changes 

being made to the form at this time, 

however, changes to the burden 

estimates previously approved will be 

submitted to properly reflect the current 

estimates. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households, business or other for-profit 

organizations, not-for-profit institutions, 

and farms. 

The burden estimate is as follows: 

Number of responses Time per response Total hours 

Form 2848 (paper) ....................................................................................................................... 358,333 1.66 594,833 

Form 2848 (on line) ..................................................................................................................... 100,000 1.61 161,000 

Form 2848 (SP) ........................................................................................................................... 80,000 2.26 180,800 

538,333 ........................ 935,633 

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. 

Gerald Shields, 

IRS Supervisory Tax Analyst. 

[FR Doc. 2010–21485 Filed 8–27–10; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[CO–88–90] 

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 final regulation, CO–88–90 (TD 

8530), Limitation on Net Operating Loss 

Carryforwards and Certain Built-In 

Losses Following Ownership Change; 

Special Rule for Value of a Loss 

Corporation Under the Jurisdiction of a 

Court in a Title 11 Case (Section 1.382– 

9). 

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: Limitation on Net Operating 

Loss Carryforwards and Certain Built-In 

Losses Following Ownership Change; 

Special Rule for Value of a Loss 


jlentini on DSKJ8SOYB1PROD with NOTICES
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 


jlentini on DSKJ8SOYB1PROD with NOTICES