2024-00944. Income Tax Review  

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    AGENCY:

    Postal Regulatory Commission.

    ACTION:

    Notice.

    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 https://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.

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    FOR FURTHER INFORMATION CONTACT:

    David A. Trissell, General Counsel, at 202–789–6820.

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    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.

    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 ( https://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. 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 .

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    By the Commission.

    Jennie L. Jbara,

    Alternate Certifying Officer.

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    Footnotes

    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.

    Back to Citation

    [FR Doc. 2024–00944 Filed 1–18–24; 8:45 am]

    BILLING CODE 7710–FW–P

Document Information

Published:
01/19/2024
Department:
Postal Regulatory Commission
Entry Type:
Notice
Action:
Notice.
Document Number:
2024-00944
Dates:
Comments are due: March 5, 2024.
Pages:
3699-3699 (1 pages)
Docket Numbers:
Docket No. T2024-1, Order No. 6939
PDF File:
2024-00944.pdf