[Federal Register Volume 85, Number 28 (Tuesday, February 11, 2020)]
[Notices]
[Page 7847]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-02630]
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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 30, 2020.
FOR FURTHER INFORMATION CONTACT: Maricarmen R. Cuello, C:AP:SEPR:AAS,
51 SW 1st Avenue, Miami, FL 33130, Telephone No. (305) 982-5364 (not a
toll free number).
SUPPLEMENTARY INFORMATION: Notice is hereby given under section
10(a)(2) of the Federal Advisory Committee Act (5 U.S.C. App. 2), 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 30, 2020.
The Panel helps the Internal Revenue Service review and evaluate
the acceptability of property appraisals 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.
Charles P. Rettig,
Commissioner of Internal Revenue.
[FR Doc. 2020-02630 Filed 2-10-20; 8:45 am]
BILLING CODE 4830-01-P