[Federal Register Volume 59, Number 48 (Friday, March 11, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-5747]


[[Page Unknown]]

[Federal Register: March 11, 1994]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 301

[DL-21-94]
RIN 1545-AS52

 

Disclosure of Return Information to the U.S. Customs Service

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of proposed rulemaking by cross-reference to temporary 
regulations.

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SUMMARY: In the Rules and Regulations section of this issue of the 
Federal Register, the IRS is issuing temporary regulations to implement 
section 6103(l)(14) of the Internal Revenue Code, which authorizes the 
IRS to disclose certain return information to the U.S. Customs Service. 
The text of those temporary regulations also serves as the comment 
document for this notice of proposed rulemaking.

DATES: Comments and requests for a public hearing must be received by 
May 10, 1994.

ADDRESSES: Send submissions to: CC:DOM:CORP:T:R (DL-21-94), room 5228, 
Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, 
DC 20044.

FOR FURTHER INFORMATION CONTACT: Donald Squires, 202-622-4570 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The temporary regulations published in the Rules and Regulations 
section of this issue of the Federal Register add Sec. 301.6103(l)(14)-
1T to 26 CFR part 301. The final regulations that will result from the 
regulations proposed in this notice would be based on the text of the 
temporary regulations and would provide rules to implement section 
6103(l)(14) of the Internal Revenue Code, which authorizes the 
disclosure of certain return information to the U.S. Customs Service.
    The text of those temporary regulations also serves as the text of 
these proposed regulations. The preamble to the temporary regulations 
contains a full explanation of the reasons underlying the issuance of 
the proposed regulations.

Special Analyses

    It has been determined that this notice of proposed rulemaking is 
not a significant regulatory action as defined in EO 12866. Therefore, 
a regulatory assessment is not required. It has also been determined 
that section 553(b) of the Administrative Procedure Act (5 U.S.C. 
chapter 5) and the Regulatory Flexibility Act (5 U.S.C. chapter 6) do 
not apply to these regulations, and, therefore, a Regulatory 
Flexibility Analysis is not required. Pursuant to section 7805(f) of 
the Internal Revenue Code, this notice of proposed rulemaking will be 
submitted to the Chief Counsel for Advocacy of the Small Business 
Administration for comment on its impact on small business.

Comments and Requests for a Public Hearing

    Before these proposed regulations are adopted as final regulations, 
consideration will be given to any written comments that are submitted 
timely (preferably a signed original and eight copies) to the IRS. All 
comments will be available for public inspection and copying. A public 
hearing may be scheduled if requested in writing by any person that 
timely submits written comments. If a public hearing is scheduled, 
notice of the date, time, and place for the hearing will be published 
in the Federal Register.

Drafting Information

    The principal author of these temporary regulations is Donald 
Squires, Office of the Assistant Chief Counsel (Disclosure Litigation), 
Internal Revenue Service. However, other personnel from the IRS, U.S. 
Customs Service and Treasury Department participated in their 
development.

List of Subjects in Part 301

    Employment taxes, Estate taxes, Excise taxes, Gift taxes, Income 
taxes, Penalties, Reporting and recordkeeping requirements.

Proposed Amendments to the Regulations

    Accordingly, 26 CFR part 301 is proposed to be amended as follows:

PART 301--PROCEDURE AND ADMINISTRATION

    Paragraph 1. The authority citation for part 301 is amended by 
adding an entry in numerical order to read as follows:

    Authority: 26 U.S.C. 7805 * * *

    Section 301.6103(l)(14)-1 also issued under 26 U.S.C. 6103(l)(14). 
* * *

    Par. 2. Section 301.6103(l)(14)-1 is added to read as follows:


Sec. 301.6103(l)(14)-1  Disclosure of return information to United 
States Customs Service.

    [The text of this proposed section is the same as the text of 
Sec. 301.6103(l)(14)-1T published elsewhere in this issue of the 
Federal Register].
Margaret Milner Richardson,
Commissioner of Internal Revenue.
[FR Doc. 94-5747 Filed 3-8-94; 2:07 pm]
BILLING CODE 4830-01-P