SECTION 6. REQUESTING — Internal Revenue Bulletin 2017-44

APPROVAL FOR REVOCATION OF AN INTEREST RATE ELECTION

.01 A plan sponsor (or the authorized representative of the plan sponsor) of a plan subject to § 430 that is requesting approval for a revocation of an interest rate election must make a written request for that approval that satisfies all the requirements of Rev. Proc. 2017–4 (or its successor). Attention is called to sections 6.02(10) through (14) of Rev. Proc. 2017–4 (or the corresponding portions of its successor) concerning signatures, authorized representatives (such as attorneys and enrolled actuaries), a power of attorney and declaration of representative, and a penalties of perjury statement. However, a statement of proposed deletions pursuant to § 6110(c) is not required to be furnished. All signatures must be accompanied by the typed name and title (if applicable) of the signer. Refer to Appendix A of this revenue procedure for a checklist of the information that must be included with the request for approval. However, items 8 and 11 of the checklist are not applicable to a request for approval of a revocation of an interest rate election. Any information requested that is unduly burdensome to furnish need not be included, but the request for approval must include a statement indicating why this material is not being furnished.

.02 The rules of sections 4.02, 4.03, and 4.06 through 4.08 of this revenue procedure apply to a request to revoke an interest rate election. For purposes of

Bulletin No. 2017–44 479 October 30, 2017

The estimated annual burden per respondent varies from 12 to 24 hours, depending on individual circumstances, with an estimated average burden of 18 hours. The estimated number of respondents and/or recordkeepers is 7.

The estimated annual frequency of responses is 1.

Books or records relating to a collection of information must be retained as

long as 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.