Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices 26479 

existing final regulation, CO–62–89 (TD 

8407), Final Regulations Under Section 

382 of the Internal Revenue Code of 

1986; Limitations on Corporate Net 

Operating Loss Carryforwards (Section 

1.382–3). 

DATES: Written comments should be 

received on or before August 3, 2009 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the regulation should be 

directed to Carolyn N. Brown, at (202) 

622–6688, or at Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224, or 

through the Internet, at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Final Regulations under Section 

382 of the Internal Revenue Code of 

1986; Limitations on Corporate Net 

Operating Loss Carryforwards. 

OMB Number: 1545–1260. 

Regulation Project Number: CO–62– 

89 (Final). 

Abstract: Internal Revenue Code 

section 382(l)(5) provides relief from the 

application of the section 382 limitation 

for bankruptcy reorganizations in which 

the pre-change shareholders and 

qualified creditors maintain a 

substantial continuing interest in the 

loss corporation. These regulations 

concern the election a taxpayer may 

make to treat as the change date the 

effective date of a plan of reorganization 

in a title 11 or similar case rather than 

the confirmation date of a plan. 

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: 10 

hours. 

Estimated Time per Respondent: 5 

minutes. 

Estimated Total Annual Burden 

Hours: 1 hour. 

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: May 18, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–12690 Filed 6–1–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

[INTL–21–91] 

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 temporary and final regulation, 

INTL–21–91 (TD 8656), Section 6662— 

Imposition of the Accuracy-Related 

Penalty (§ 1.6662–6). 

DATES: Written comments should be 

received on or before August 3, 2009 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of this regulation should be 

directed to Carolyn N. Brown, at (202) 

622–6688, or at Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue, NW., Washington, DC 20224, 

or through the Internet, at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Section 6662—Imposition of the 

Accuracy-Related Penalty. 

OMB Number: 1545–1426. 

Regulation Project Number: INTL–21– 

91. 

Abstract: These regulations provide 

guidance on the accuracy-related 

penalty imposed on underpayments of 

tax caused by substantial and gross 

valuation misstatements as defined in 

Internal Revenue Code sections 6662(e) 

and 6662(h). Under section 1.6662–6(d) 

of the regulations, an amount is 

excluded from the penalty if certain 

requirements are met and a taxpayer 

maintains documentation of how a 

transfer price was determined for a 

transaction subject to Code section 482. 

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: 

2,500. 

Estimated Time per Respondent: 8 

hours, 3 minutes. 

Estimated Total Annual Burden 

Hours: 20,125. 

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 

26480 Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices 

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: May 18, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–12688 Filed 6–1–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Proposed Collection; Comment 

Request for Revenue Procedure 2003– 

4, Revenue Procedure 2003–5, 

Revenue Procedure 2003–6, and 

Revenue Procedure 2003–8 

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 

Revenue Procedure 2003–4 (Letter 

Rulings), Revenue Procedure 2003–5 

(Technical Advice), Revenue Procedure 

2003–6 (Determination Letters), and 

Revenue Procedure 2003–8 (User Fees). 

DATES: Written comments should be 

received on or before August 3, 2009 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to R. Joseph Durbala, Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information or 

copies of the revenue procedures should 

be directed to Carolyn N. Brown, at 

(202) 622–6688, or at Internal Revenue 

Service, room 6129, 1111 Constitution 

Avenue NW., Washington, DC 20224, or 

through the Internet, at 

Carolyn.N.Brown@irs.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Revenue Procedure 2003–4 

(Letter Rulings), Revenue Procedure 

2003–5 (Technical Advice), Revenue 

Procedure 2003–6 (Determination 

Letters), and Revenue Procedure 2003– 

8 (User Fees). 

OMB Number: 1545–1520. 

Revenue Procedure Number: Revenue 

Procedure 2003–4, Revenue Procedure 

2003–5, Revenue Procedure 2003–6, and 

Revenue Procedure 2003–8. 

Abstract: The information requested 

in these revenue procedures is required 

to enable the Office of the Division 

Commissioner (Tax Exempt and 

Government Entities) of the Internal 

Revenue Service to give advice on filing 

letter ruling, determination letter, and 

technical advice requests, to process 

such requests, and to determine the 

amount of any user fees. 

Current Actions: There are no changes 

being made to these revenue procedures 

at this time. 

Type of Review: Extension of a 

currently approved collection. 

Affected Public: Individuals or 

households, business or other for-profit 

organizations, not-for-profit institutions, 

farms, and State, local or Tribal 

governments. 

Estimated Number of Respondents: 

83,068. 

Estimated Time per Respondent: 2 

hours, 8 minutes. 

Estimated Total Annual Burden 

Hours: 177,986. 

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: May 18, 2009. 

R. Joseph Durbala, 

IRS Reports Clearance Officer. 

[FR Doc. E9–12686 Filed 6–1–09; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

Open Meeting of the Taxpayer 

Advocacy Panel Small Business/SelfEmployed Issue Committee 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Notice of meeting. 

SUMMARY: An open meeting of the 

Taxpayer Advocacy Panel Small 

Business/Self Employed Issue 

Committee will be conducted. The 

Taxpayer Advocacy Panel is soliciting 

public comments, ideas, and 

suggestions on improving customer 

service at the Internal Revenue Service. 

DATES: The meeting will be held 

Thursday, July 23, 2009. 

FOR FURTHER INFORMATION CONTACT: 

Janice Spinks at 1–888–912–1227 or 

206–220–6098. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given pursuant to Section 

10(a)(2) of the Federal Advisory 

Committee Act, 5 U.S.C. App. (1988) 

that an open meeting of the Taxpayer 

Advocacy Panel Small Business/Self 

Employed Issue Committee will be held 

Thursday, July 23, 2009, at 8:30 a.m. 

Pacific Time via telephone conference. 

The public is invited to make oral 

comments or submit written statements 

for consideration. Due to limited 

conference lines, notification of intent 

to participate must be made with Janice 

Spinks. For more information please 

contact Ms. Spinks at 1–888–912–1227 

or 206–220–6098, or write TAP Office, 

915 2nd Avenue, MS W–406, Seattle, 

WA 98174 or post comments to the Web 

site: http://www.improveirs.org. 

The agenda will include various IRS 

issues. 

Dated: May 27, 2009. 

Shawn F. Collins, 

Acting Director, Taxpayer Advocacy Panel. 

[FR Doc. E9–12769 Filed 6–1–09; 8:45 am] 

BILLING CODE 4830–01–P