[Federal Register Volume 62, Number 244 (Friday, December 19, 1997)]
[Notices]
[Page 66717]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33130]


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DEPARTMENT OF THE TREASURY


Submission to OMB for Review; Comment Request

December 10, 1997.
    The Department of the Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
2110, 1425 New York Avenue, NW., Washington, DC 20220.

Internal Revenue Service (IRS)

    OMB Number: 1545-1559.
    Revenue Procedure Number: Revenue Procedure 97-44.
    Type of Review: Extension.
    Title: LIFO Conformity Requirement.
    Description: Revenue Procedure 97-44 permits automobile dealers 
that comply with the terms of the revenue procedure to continue using 
the LIFO inventory method despite previous violations of the LIFO 
conformity requirements of section 472(c) or (e)(2).
    Respondents: Business or other for-profit.
    Estimated Number of Respondents/Recordkeepers: 5,000.
    Estimated Burden Hours Per Respondent/Recordkeeper: 20 hours.
    Frequency of Response: Annually.
    Estimated Total Reporting/Recordkeeping Burden: 100,000 hours.
    Clearance Officer: Garrick Shear (202) 622-3869, Internal Revenue 
Service, Room 5571, 1111 Constitution Avenue, NW, Washington, DC 20224.
    OMB Reviewer: Alexander T. Hunt (202) 395-7860, Office of 
Management and Budget, Room 10226, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports Management Officer.
[FR Doc. 97-33130 Filed 12-18-97; 8:45 am]
BILLING CODE 4830-01-P