[Federal Register Volume 78, Number 78 (Tuesday, April 23, 2013)]
[Notices]
[Pages 23978-23979]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-09470]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
[CO-11-91; (TD 8597); CO-24-95; (TD8660)]
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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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 existing final
regulations, CO-11-91 (TD 8597), Consolidated Groups and Controlled
Groups-Intercompany Transactions and Related Rules (Sec. 1.1502-13),
and CO-24-95 (TD 8660), Consolidated Groups-Intercompany Transactions
and Related Rules.
DATES: Written comments should be received on or before June 24, 2013
to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette Lawrence, 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 Sara Covington, (202)
622-3945, or at Internal Revenue Service,
[[Page 23979]]
Room 6129, 1111 Constitution Avenue NW., Washington DC 20224, or
through the Internet, at [email protected].
SUPPLEMENTARY INFORMATION:
Title: CO-11-91, Consolidated Groups and Controlled Groups-
Intercompany Transactions and Related Rules, and CO-24-95, Consolidated
Groups-Intercompany Transactions and Related Rules.
OMB Number: 1545-1433.
Regulation Project Number: CO-11-91 (TD 8597), CO-24-95 (TD 8660).
Abstract: The regulations require common parents that make
elections under regulation section 1.1502-13 to provide certain
information. The information will be used to identify and assure that
the amount, location, timing and attributes of intercompany
transactions and corresponding items are properly maintained.
Current Actions: There is no change to this existing regulation.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Estimated Number of Respondents: 2,200.
Estimated Time per Respondent: 30 minutes.
Estimated Total Annual Burden Hours: 1,050.
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: April 11, 2013.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2013-09470 Filed 4-22-13; 8:45 am]
BILLING CODE 4830-01-P