83 FR 2686 - Income Tax Review

POSTAL REGULATORY COMMISSION

Federal Register Volume 83, Issue 12 (January 18, 2018)

The Commission is noticing a recent Postal Service filing concerning the calculation of the assumed Federal income tax on competitive products income for Fiscal Year 2017. This notice informs the public of the filing, invites public comment, and takes other administrative steps.

[Federal Register Volume 83, Number 12 (Thursday, January 18, 2018)]
[Notices]
[Page 2686]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00782]


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POSTAL REGULATORY COMMISSION

[Docket No. T2018-1; Order No. 4368]


Income Tax Review

AGENCY: Postal Regulatory Commission.

ACTION: Notice.

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SUMMARY: The Commission is noticing a recent Postal Service filing 
concerning the calculation of the assumed Federal income tax on 
competitive products income for Fiscal Year 2017. This notice informs 
the public of the filing, invites public comment, and takes other 
administrative steps.

DATES: Comments are due: February 2, 2018.

ADDRESSES: Submit comments electronically via the Commission's Filing 
Online system at http://www.prc.gov. 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) 2017.\1\ The 
calculation details the FY 2017 competitive product revenue and 
expenses, the net competitive products income before tax, and the 
assumed Federal income tax on that income.
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    \1\ See Notice of the United States Postal Service of Submission 
of the Calculation of the FY 2017 Assumed Federal Income Tax on 
Competitive Products, January 10, 2018.
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II. Notice of Commission Action

    In accordance with 39 CFR 3060.42, the Commission establishes 
Docket No. T2018-1 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 February 2, 
2018. The Postal Service's filing can be accessed via the Commission's 
website (http://www.prc.gov).
    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. T2018-1 to consider the 
calculation of the assumed Federal income tax on competitive products 
for FY 2017.
    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 February 2, 2018.
    4. The Secretary shall arrange for publication of this order in the 
Federal Register.

    By the Commission.
Stacy L. Ruble,
Secretary.
[FR Doc. 2018-00782 Filed 1-17-18; 8:45 am]
 BILLING CODE 7710-FW-P