[Federal Register Volume 89, Number 42 (Friday, March 1, 2024)]
[Notices]
[Pages 15262-15263]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-04314]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Notice of Renewal of the Art Advisory Panel of the Commissioner 
of Internal Revenue

AGENCY: Internal Revenue Service, Treasury.

ACTION: Notice of Renewal of the Art Advisory Panel of the Commissioner 
of Internal Revenue.

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SUMMARY: The charter for the Art Advisory Panel has been renewed for a 
two-year period beginning January 24, 2024.

FOR FURTHER INFORMATION CONTACT: Robin B. Lawhorn, 400 West Bay Street, 
Suite 252, Jacksonville, FL 32202. Telephone (904) 661-3198 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION: Notice is hereby given pursuant to section 
10(a)(2) of the Federal Advisory Committee Act, 5 U.S.C. 1009, that the 
Art Advisory Panel of the Commissioner of Internal Revenue, a necessary 
committee that is in the public interest, has been renewed for an 
additional two years beginning on January 24, 2024.
    The Panel helps the Internal Revenue Service review and evaluate 
the acceptability of property appraisals

[[Page 15263]]

submitted by taxpayers in support of the fair market value claimed on 
works of art involved in Federal Income, Estate or Gift taxes in 
accordance with sections 170, 2031, and 2512 of the Internal Revenue 
Code of 1986, as amended.
    For the Panel to perform this function, Panel records and 
discussions must include tax return information. Therefore, the Panel 
meetings will be closed to the public since all portions of the 
meetings will concern matters that are exempted from disclosure under 
the provisions of section 552b(c)(3), (4), (6) and (7) of Title 5 of 
the U.S. Code. This determination, which is in accordance with section 
10(d) of the Federal Advisory Committee Act, is necessary to protect 
the confidentiality of tax returns and return information as required 
by section 6103 of the Internal Revenue Code.

Daniel I. Werfel,
Commissioner of Internal Revenue.
[FR Doc. 2024-04314 Filed 2-29-24; 8:45 am]
BILLING CODE 4830-01-P