Document
Income Tax Review
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 2016. This ...
SUPPLEMENTARY INFORMATION:
Table of Contents
I. Introduction
II. Notice of Commission Action
II. 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) 2016.[]
The calculation details the FY 2016 competitive product revenue and expenses, the net competitive products income before tax, and the assumed Federal income tax on that income.
II. Notice of Commission Action
In accordance with 39 CFR 3060.42, the Commission establishes Docket No. T2017-1 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 3, 2017. The Postal Service's filing can be accessed via the Commission's Web site (
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. T2017-1 to consider the calculation of the assumed Federal income tax on competitive products for FY 2016.
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 3, 2017.
4. The Secretary shall arrange for publication of this order in the
Federal Register
.
By the Commission.
Stacy L. Ruble,
Secretary.