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29036 Federal Register / Vol. 72, No.

99 / Wednesday, May 23, 2007 / Notices

unloading operations and carry the The transaction is scheduled to be DEPARTMENT OF THE TREASURY
operating procedures on each vehicle; consummated on or after June 1, 2007,
(2) inspection, maintenance, marking, the effective date of the exemption (30 Internal Revenue Service
and testing requirements for the cargo days after the exemption was filed). The [PS–163–84]
tank discharge system, including temporary trackage rights will expire on
delivery hose assemblies; and (3) November 22, 2007.3 Proposed Collection; Comment
requirements for emergency discharge Request for Regulation Project
The purpose of the temporary
control equipment on certain cargo tank
motor vehicles transporting liquefied trackage rights is solely for the overhead AGENCY: Internal Revenue Service (IRS),
compressed gases that must be installed movement of User’s business cars (and Treasury.
and certified by a Registered Inspector. engines and end-of-train devices ACTION: Notice and request for
(See sections 173.315(n); 177.840(l); required to operate those business cars). comments.
180.405; 180.407(h); and 180.416(b), (d) As a condition to this exemption, any
SUMMARY: The Department of the
and (f)) employee affected by the acquisition of
Affected Public: Carriers in liquefied Treasury, as part of its continuing effort
the temporary trackage rights will be
compressed gas service, manufacturers to reduce paperwork and respondent
protected by the conditions imposed in burden, invites the general public and
and repairers. Norfolk and Western Ry. Co.—Trackage
Recordkeeping: other Federal agencies to take this
Rights—BN, 354 I.C.C. 605 (1978), as opportunity to comment on proposed
Estimated Number of Respondents:
modified in Mendocino Coast Ry., Inc.— and/or continuing information
6,958.
Estimated Number of Responses: Lease and Operate, 360 I.C.C. 653 collections, as required by the
920,530. (1980), and any employee affected by Paperwork Reduction Act of 1995,
Estimated Annual Burden Hours: the discontinuance of those trackage Public Law 104–13(44 U.S.C.
200,615. rights will be protected by the 3506(c)(2)(A)). Currently, the IRS is
Frequency of collection: On occasion. conditions set out in Oregon Short Line soliciting comments concerning an
Issued in Washington, DC on May 16, R. Co.—Abandonment—Goshen, 360 existing final regulation, PS–163–84 (TD
2007. I.C.C. 91 (1979). 8439), Treatment of Transactions
Theodore L. Willke, This notice is filed under 49 CFR Between Partners and Partnerships
Acting Associate Administrator for 1180.2(d)(8). If it contains false or §§ 1.707–3(c)(2), 1.707–5(a)(7)(ii),
Hazardous Materials Safety. misleading information, the exemption 1.707–6(c) and 1.707–8.
[FR Doc. E7–9872 Filed 5–22–07; 8:45 am] is void ab initio. Petitions to revoke the DATES: Written comments should be
BILLING CODE 4910–60–P exemption under 49 U.S.C. 10502(d) received on or before July 23, 2007 to be
may be filed at any time. The filing of assured of consideration.
a petition to revoke will not ADDRESSES: Direct all written comments
DEPARTMENT OF TRANSPORTATION automatically stay the transaction. Any to Glenn P. Kirkland, Internal Revenue
stay petition must be filed on or before Service, room 6516, 1111 Constitution
Surface Transportation Board Avenue, NW., Washington, DC 20224.
May 25, 2007 (at least 7 days before the
[STB Finance Docket No. 35023] exemption becomes effective). FOR FURTHER INFORMATION CONTACT:
Requests for additional information or
Dakota, Minnesota & Eastern Railroad An original and 10 copies of all
copies of the regulations should be
Corporation and Iowa, Chicago & pleadings, referring to STB Finance directed to R. Joseph Durbala at Internal
Eastern Railroad Corporation— Docket No. 35023, must be filed with Revenue Service, room 6516, 1111
Temporary Trackage Rights the Surface Transportation Board, 395 E Constitution Avenue, NW., Washington,
Exemption—BNSF Railway Company Street, SW., Washington, DC 20423– DC 20224, or at (202)622–3634, or
0001. In addition, one copy of each through the internet at
BNSF Railway Company (BNSF) has pleading must be served on Michael J.
agreed to grant non-exclusive temporary RJoseph.Durbala@irs.gov.
Barron, Jr., Fletcher & Sippel LLC, 29
overhead trackage rights to the Dakota, SUPPLEMENTARY INFORMATION:
North Wacker Drive, Suite 920, Chicago,
Minnesota & Eastern Railroad Title: Treatment of Transactions
IL 60606. Between Partners and Partnerships.
Corporation (DME), and the Iowa,
Chicago & Eastern Railroad Corporation Board decisions and notices are OMB Number: 1545–1243. Regulation
(ICE) 1 (DME and ICE are referred to available on our Web site at Project Number: PS–163–84.
collectively as ‘‘User’’) over BNSF’s ‘‘WWW.STB.DOT.GOV.’’ Abstract: Internal Revenue Code
lines between milepost 146.0 on BNSF’s Decided: May 11, 2007.
section 707(a)(2) provides that if there
Corson Subdivision at Sioux Falls, SD, are transfers of money or property
By the Board, David M. Konschnik,
and milepost 705.5 on BNSF’s Aberdeen between a partner and a partnership, the
Director, Office of Proceedings.
Subdivision at Wolsey, SD, a distance of transfer will be treated, in certain
approximately 149.8 miles.2 Vernon A. Williams, situations, as a disguised sale between
Secretary. the partner and the partnership. The
1 ICE is a wholly owned subsidiary of Cedar [FR Doc. E7–9911 Filed 5–22–07; 8:45 am] regulations require that the partner or
American Rail Holdings, Inc. which in turn is the partnership should disclose the
BILLING CODE 4915–01–P
wholly owned by DME.
2 User indicates that this is a ‘‘reinstatement’’ of
transfer and certain attendant facts in
a previous trackage rights agreement between the some situations.
and filed herein. A request for a protective order
Current Actions: There is no change to
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same parties and also involving the above- was filed concurrently with this exemption and will
referenced track, in STB Finance Docket No. 34790,
be addressed in a separate decision. this existing regulation.
which expired on November 22, 2006. They also Type of Review: Extension of a
3 User states that the parties have agreed on the
state that the temporary trackage rights agreement
in that proceeding will be incorporated by reference possible extension of the temporary trackage rights. currently approved collection.
in this proceeding as modified by agreement Any temporary trackage rights extension agreement Affected Public: Business or other for-
between User and BNSF signed on April 25, 2007, must be filed with the Board. profit organizations.

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Federal Register / Vol. 72, No. 99 / Wednesday, May 23, 2007 / Notices 29037

Estimated Time Per Respondents: to reduce paperwork and respondent Request for Comments: Comments
7,500. burden, invites the general public and submitted in response to this notice will
Estimated Time Per Respondent: 20 other Federal agencies to take this be summarized and/or included in the
minutes. opportunity to comment on proposed request for OMB approval. All
Estimated Total Annual Burden and/or continuing information comments will become a matter of
Hours: 2,500. collections, as required by the public record. Comments are invited on:
The following paragraph applies to all Paperwork Reduction Act of 1995, (a) Whether the collection of
of the collections of information covered Public Law 104–13 (44 U.S.C. information is necessary for the proper
by this notice: 3506(c)(2)(A)). Currently, the IRS is performance of the functions of the
An agency may not conduct or soliciting comments concerning an agency, including whether the
sponsor, and a person is not required to existing final regulation. TD 9168, information shall have practical utility;
respond to, a collection of information Optional 10-Year Write-off of Certain (b) the accuracy of the agency’s estimate
unless the collection of information Tax Preferences. of the burden of the collection of
displays a valid OMB control number. DATES: Written comments should be information; (c) ways to enhance the
Books or records relating to a received on or before July 23, 2007 to be quality, utility, and clarity of the
collection of information must be assured of consideration. information to be collected; (d) ways to
retained as long as their contents may ADDRESSES: Direct all written comments minimize the burden of the collection of
become material in the administration to Glenn P. Kirkland, Internal Revenue information on respondents, including
of any internal revenue law. Generally, Service, room 6516, 1111 Constitution through the use of automated collection
tax returns and tax return information Avenue, NW., Washington, DC 20224. techniques or other forms of information
are confidential, as required by 26 FOR FURTHER INFORMATION CONTACT: technology; and (e) estimates of capital
U.S.C. 6103. Requests for additional information or or start-up costs and costs of operation,
Request for Comments: Comments copies of the for and instructions should maintenance, and purchase of services
submitted in response to this notice will be directed to R. Joseph Durbala, at to provide information.
be summarized and/or included in the (202) 622–3634, or at Internal Revenue Approved: May 16, 2007.
request for OMB approval. All Service, room 6516, 1111 Constitution Glenn P. Kirkland,
comments will become a matter of Avenue, NW., Washington, DC 20224, IRS Reports Clearance Officer.
public record. Comments are invited on: or through the internet, at
(a) Whether the collection of [FR Doc. E7–9861 Filed 5–22–07; 8:45 am]
RJoseph.Durbala@irs.gov.
information is necessary for the proper BILLING CODE 4830–01–P
SUPPLEMENTARY INFORMATION:
performance of the functions of the Title: Optional 10-Year Write-off of
agency, including whether the Certain Tax Preferences. DEPARTMENT OF THE TREASURY
information shall have practical utility; OMB Number: 1545–1903.
(b) the accuracy of the agency’s estimate Regulation Project Number: REG– Internal Revenue Service
of the burden of the collection of 124405–03 [TD 9168 (final)].
information; (c) ways to enhance the Abstract: This collection of Proposed Collection; Comment
quality, utility, and clarity of the information is required by the IRS to Request for Form 1040–C
information to be collected; (d) ways to verify compliance with section 59(e).
minimize the burden of the collection of This information will be used to AGENCY: Internal Revenue Service (IRS),
information on respondents, including determine whether the amount of tax Treasury.
through the use of automated collection has been calculated correctly. ACTION: Notice and request for
techniques or other forms of information Current Actions: There is no change to comments.
technology; and (e) estimates of capital this existing regulation.
or start-up costs and costs of operation, Type of Review: Extension of a SUMMARY: The Department of the
maintenance, and purchase of services currently approved collection. Treasury, as part of its continuing effort
to provide information. Affected Public: Individuals or to reduce paperwork and respondent
households, Businesses and other for- burden, invites the general public and
Approved: May 16, 2007. other Federal agencies to take this
profit organizations.
Glenn P. Kirkland, Estimated Number of Respondents: opportunity to comment on proposed
IRS Reports Clearance Officer. 10,000. and/or continuing information
[FR Doc. E7–9857 Filed 5–22–07; 8:45 am] Estimated Time Per Respondent: 1 collections, as required by the
BILLING CODE 4830–01–P hour. Paperwork Reduction Act of 1995,
Estimated Total Annual Hours: Public Law 104–13 (44 U.S.C.
10,000. 3506(c)(2)(A)). Currently, the IRS is
DEPARTMENT OF THE TREASURY The following paragraph applies to all soliciting comments concerning Form
of the collections of information covered 1040–C, U.S. Departing Alien Income
Internal Revenue Service by this notice. Tax Return.
An agency may not conduct or
[REG–124405–03, TD 9168 (final)] DATES: Written comments should be
sponsor, and a person is not required to
received on or before July 23, 2007 to be
Proposed Collection: Comment respond to, a collection of information
assured of consideration.
Request for Regulation Project unless the collection of information
displays a valid OMB control number. ADDRESSES: Direct all written comments
AGENCY: Internal Revenue Service (IRS), Books or records relating to a collection to Glenn P. Kirkland, Internal Revenue
Treasury. of information must be retained as long Service, room 6516, 1111 Constitution
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as their contents may become material Avenue, NW., Washington, DC 20224.


ACTION: Notice and request for
comments. in the administration of any internal FOR FURTHER INFORMATION CONTACT:
revenue law. Generally, tax returns and Requests for additional information or
SUMMARY: The department of the tax return information are confidential, copies of the form and instructions
Treasury, as part of its continuing effort as required by 26 U.S.C. 6103. should be directed to R. Joseph Durbala

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