[Federal Register: May 13, 1999 (Volume 64, Number 92)]
[Notices]               
[Page 25955]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13my99-129]

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DEPARTMENT OF THE TREASURY

 
Submission for OMB Review; Comment Request

May 5, 1999.
    The Department of 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.

DATES: Written comments should be received on or before June 14, 1999, 
to be assured of consideration.

Internal Revenue Service (IRS)

    OMB Number: 1545-1381.
    Regulation Project Number: CO-49-88 Final.
    Type of Review: Extension.
    Title: Limitations on Corporate Net Operating Loss.
    Description: This regulation provides rules for the allocation of a 
loss corporation's taxable income or net operating loss between the 
periods before and after an ownership change under section 382 of the 
Code, including an election to make the allocation based on a closing 
of the books as of the change date.
    Respondents: Business or other for-profit.
    Estimated Number of Respondents: 2,000.
    Estimated Burden Hours Per Respondent: 6 minutes.
    Frequency of Response: On occasion, Other (when needed).
    Estimated Total Reporting Burden: 200 hours.
    Clearance Officer: Garrick Shear, 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 10202, New Executive Office Building, 
Washington, DC 20503.
Lois K. Holland,
Departmental Reports, Management Officer.
[FR Doc. 99-12111 Filed 5-12-99; 8:45 am]
BILLING CODE 4830-01-U