<div><table><tr><td><div class="indented"><div class="indented">Federal Register / Vol. 85, No. 52 / Tuesday, March 17, 2020 / Notices</div></div></td><td>15253</td></tr><tr><td> </td><td> </td></tr><tr><td> </td><td> </td></tr></table>  maintenance, and purchase of services to provide information. Approved: March 10, 2020. R. Joseph Durbala, IRS Tax Analyst. [FR Doc. 2020–05472 Filed 3–16–20; 8:45 am] BILLING CODE 4830–01–P  DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request Concerning Treatment of Gain From Disposition of Certain Natural Resource Recapture Property AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments.  SUMMARY: The Internal Revenue Service, 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 continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning treatment of gain from disposition of certain natural resource recapture property. DATES: Written comments should be received on or before May 18, 2020 to be assured of consideration. ADDRESSES: Direct all written comments to R. Joseph Durbala, Internal Revenue Service, room 6529, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form should be directed to Kerry Dennis, at (202) 317–5751 or Internal Revenue Service, Room 6529, 1111 Constitution Avenue NW, Washington DC 20224, or through the internet, at Kerry.Dennis@irs.gov. SUPPLEMENTARY INFORMATION: Title: Treatment of Gain from Disposition of Certain Natural Resource Recapture Property.OMB Number: 1545–1352.Regulation Project Number: TD 8586.Abstract: This regulation prescribes rules for determining the tax treatment of gain from the disposition of natural resource recapture property in accordance with Internal Revenue Code section 1254. Gain is treated as ordinary income in an amount equal to the intangible drilling and development costs and depletion deductions taken with respect to the property. The information that taxpayers are required to retain will be used by the IRS to  determine whether a taxpayer has properly characterized gain on the disposition of section 1254 property. Current Actions: There are no changes being made to the regulations at this time. Type of Review: Extension of a currently approved collection. Affected Public: Individuals and business, or other for-profit organizations. Estimated Number of Respondents: 400. Estimated Time per Respondent: 5 hours. Estimated Total Annual Burden Hours: 2,000 hours. The following paragraph applies to all 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 if 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: March 11, 2020. R. Joseph Durbala, IRS Tax Analyst.[FR Doc. 2020–05473 Filed 3–16–20; 8:45 am] BILLING CODE 4830–01–P  DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Reinstatement of Information Collection Request Submitted for Public Comment; Comment Request Relating to the Research Applied Analytics &amp; Statistics (RAAS) Comprehensive Taxpayer Attitude Survey AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments.  SUMMARY: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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. Currently, the IRS is soliciting comments concerning the requirements relating to the information collection, 2020 Research Applied Analytics &amp; Statistics (RAAS) Comprehensive Taxpayer Attitude Survey. DATES: Written comments should bereceived on or before May 18, 2020 tobe assured of consideration. ADDRESSES: Direct all written commentsto R. Joseph Durbala, Internal RevenueService, Room 6529, 1111 ConstitutionAvenue NW, Washington, DC 20224.Requests for additional information orcopies of the regulations should bedirected to Rachel Martinen, at InternalRevenue Service, Room 6129, 1111Constitution Avenue NW, WashingtonDC 20224, or through the internet, atRachel.Martinen@irs.gov. SUPPLEMENTARY INFORMATION:Title: Research Applied Analytics &amp;Statistics (RAAS) ComprehensiveTaxpayer Attitude SurveyOMB Number: 1545–2288.Document Number(s): None.Abstract: The Internal Revenue Service (IRS) conducts the Comprehensive Taxpayer Attitude Survey as part of the Service-wide effort to maintain a system of balanced organizational performance measures mandated by the IRS Restructuring and Reform Act (RRA) of 1998. This is also a result of Executive Order 12862 that requires all government agencies to survey their customers. The IRS’ office of Research Applied Analytics &amp; Statistics (RAAS) is sponsoring this annual survey (formerly conducted by the IRS Oversight Board) with the objective of better understanding what influences</div>

Comments Sought on Natural Resource Recapture Property Regs

Internal Revenue Service

The IRS has requested comments on regs (T.D. 8586) regarding the tax treatment of gain from the disposition of natural resource recapture property. Comments are due by May 18.

The IRS has requested comments on regs (T.D. 8586) regarding the tax treatment of gain from the disposition of natural resource recapture property. Comments are due by May 18.

The IRS has requested comments on regs (<a href="/lr/resolve//cz5q">T.D. 8586</a>) regarding the tax treatment of gain from the disposition of natural resource recapture property. Comments are due by May 18.