[Federal Register Volume 72, Number 151 (Tuesday, August 7, 2007)]
[Notices]
[Pages 44227-44228]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-15269]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Revenue Procedure RP-
144921-06

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 RP-144921-06, Income Attributable to Domestic 
Production Activities.

DATES: Written comments should be received on or before October 9, 2007 
to be assured of consideration.

ADDRESSES: Direct all written comments to Joe Durbala, Internal Revenue 
Service, Room 6516, 1111 Constitution Avenue, NW., Washington, DC 
20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the revenue procedure should be directed to Allan Hopkins, at 
(202) 622-6665, or at Internal Revenue Service, room 6516, 1111 
Constitution Avenue, NW., Washington, DC 20224, or through the 
internet, at [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Income Attributable to Domestic Production Activities.
    OMB Number: 1545-2072.
    Revenue Procedure Number: RP-144921-06.
    Abstract: This revenue procedure provides for determining when 
statistical sampling may be used in purposes of section 199, which 
provides a deduction for income attributable to domestic production 
activities, and establishes acceptable statistical sampling 
methodologies.
    Current Actions: Extension of a previously approved collection.
    Affected Public: Business or other for-profit institutions, and 
individuals or households or farms.
    Estimated Number of Respondents: 300.
    Estimated Time Per Respondent: 8 hours.
    Estimated Total Annual Burden Hours: 2,400.
    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:

[[Page 44228]]

(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: July 23, 2007.
R. Joseph Durbala,
IRS Reports Clearance Officer.
[FR Doc. E7-15269 Filed 8-6-07; 8:45 am]
BILLING CODE 4830-01-P