25 Jun 2025
💼IRS Comments on Commercial Revitalization Deduction Collection Notice
Agency Information Collection Activities; Comment Request on Commercial Revitalization Deduction (Revenue Procedure 2003-38).
Summary
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The notice involves the IRS's invitation for comments on the information collection related to the Commercial Revitalization Deduction, which affects state and local governments and businesses. This feedback can influence compliance requirements and potential business incentives for revitalization projects, indicating relevance to business owners.