Notice2024-00944
Income Tax Review
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 19, 2024
Issuing agencies
Postal Regulatory Commission
Abstract
The Commission is recognizing a recent Postal Service filing concerning the calculation of the assumed Federal income tax on competitive products income for Fiscal Year 2023. This notice informs the public of the filing, invites public comment, and takes other administrative steps.
Full Text
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<title>Federal Register, Volume 89 Issue 13 (Friday, January 19, 2024)</title>
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[Federal Register Volume 89, Number 13 (Friday, January 19, 2024)]
[Notices]
[Page 3699]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-00944]
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POSTAL REGULATORY COMMISSION
[Docket No. T2024-1; Order No. 6939]
Income Tax Review
AGENCY: Postal Regulatory Commission.
ACTION: Notice.
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SUMMARY: The Commission is recognizing a recent Postal Service filing
concerning the calculation of the assumed Federal income tax on
competitive products income for Fiscal Year 2023. This notice informs
the public of the filing, invites public comment, and takes other
administrative steps.
DATES: Comments are due: March 5, 2024.
ADDRESSES: Submit comments electronically via the Commission's Filing
Online system at <a href="https://www.prc.gov">https://www.prc.gov</a>. Those who cannot submit comments
electronically should contact the person identified in the FOR FURTHER
INFORMATION CONTACT section by telephone for advice on filing
alternatives.
FOR FURTHER INFORMATION CONTACT: David A. Trissell, General Counsel, at
202-789-6820.
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Notice of Commission Action
III. Ordering Paragraphs
I. Introduction
In accordance with 39 U.S.C. 3634 and 39 CFR 3060.40 et seq., the
Postal Service filed its calculation of the assumed Federal income tax
on Competitive products income for Fiscal Year (FY) 2023.\1\ The
calculation details the FY 2023 Competitive product revenue and
expenses, the Competitive products net income before tax, and the
assumed Federal income tax on that net income.
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\1\ See Notice of the United States Postal Service of Submission
of the Calculation of the FY 2023 Assumed Federal Income Tax on
Competitive Products, January 11, 2024.
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II. Notice of Commission Action
In accordance with 39 CFR 3060.42, the Commission establishes
Docket No. T2024-1 to review the calculation of the assumed Federal
income tax and supporting documentation.
The Commission invites comments on whether the Postal Service's
filing in this docket is consistent with the policies of 39 U.S.C. 3634
and 39 CFR 3060.40 et seq. Comments are due no later than March 5,
2024. The Postal Service's filing can be accessed via the Commission's
website (<a href="https://www.prc.gov">https://www.prc.gov</a>).
The Commission appoints Jennaca D. Upperman to serve as Public
Representative in this docket.
III. Ordering Paragraphs
It is ordered:
1. The Commission establishes Docket No. T2024-1 to consider the
calculation of the assumed Federal income tax on Competitive products
for FY 2023.
2. Pursuant to 39 U.S.C. 505, Jennaca D. Upperman is appointed to
serve as an officer of the Commission to represent the interests of the
general public in this proceeding (Public Representative).
3. Comments are due no later than March 5, 2024.
4. The Secretary shall arrange for publication of this order in the
Federal Register.
By the Commission.
Jennie L. Jbara,
Alternate Certifying Officer.
[FR Doc. 2024-00944 Filed 1-18-24; 8:45 am]
BILLING CODE 7710-FW-P
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</html>Indexed from Federal Register on January 19, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.