Type:Notice
Citation:86 FR 6687
Reading Time:about a minute or two
The Postal Regulatory Commission has released a notice regarding a recent filing by the Postal Service about the calculation of the assumed Federal income tax on competitive product income for the fiscal year 2020. The Commission has invited the public to comment on this filing by March 5, 2021, and set up Docket No. T2021-1 to review the submissions. The public can submit comments electronically through the Commission's website. Additionally, Jennaca D. Upperman has been designated as the Public Representative in this review process.
Simple Explanation
The Postal Service is telling people how they figured out the taxes they need to pay for some of their money-making activities, and they're asking everyone to say what they think about it before March 5, 2021.