California Coast Viticultural Area
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Federal Register / Vol. 65, No. 187 / Tuesday, September 26, 2000 / Proposed Rules 57763 notice of transferee liability to U at any time corporation for a separate return year ACTION: Notice of proposed rulemaking. on or before May 30 of Year 8 and assess the pursuant to § 1.1502±21(b), 1.1502± unpaid liability against U at any time on or 22(b), or 1.1502±79(c). In the case of the SUMMARY: The Bureau of Alcohol, before October 27 of Year 8. The result would portion of a consolidated net operating Tobacco and Firearms (ATF) has be the same even if S±1 ceased to exist before loss or consolidated net capital loss or received a petition proposing the March 1 of Year 5, the date P executed the establishment of a viticultural area waiver. consolidated unused business credit to which the preceding sentence does not located along the coast of California. (g) Cross-reference. For further rules apply and which is to be carried back The proposed California Coast applicable to groups that include to a corporation that was not a member viticultural area would consist of 22,000 insolvent financial institutions, see of a consolidated group in the carryback square miles, or 14 million acres of that § 301.6402±7 of this chapter. year, the corporation to which such loss land which the petitioner states is (h) Effective dateÐ(1) Application. or credit is attributable shall make any subject to maritime influences and This section applies with respect to application under section 6411. In the which is warm enough for commercial taxable years beginning on or after the case of a net capital loss or net operating premium winegrape growth. date final regulations are published in loss or unused business credit arising in DATES: Written comments must be the Federal Register. a separate return year which may be received by December 26, 2000. (2) Prior law. For taxable years carried back to a consolidated return ADDRESSES: Send written comments to: beginning before the date final year, after taking into account the Chief, Regulations Division, Bureau of regulations are published in the Federal application of § 1.1502±21(b)(3)(ii)(B) Alcohol, Tobacco and Firearms, P.O. Register, see § 1.1502±77A. with respect to any net operating loss Box 50221, Washington, DC 20091±0221 Par. 6. Section 1.1502±77T(a) is arising in another consolidated group, (Attn: Notice No. 903). Copies of the redesignated as § 1.1502±77A(e) and the common parent for the carryback petition, the proposed regulations, the § 1.1502±77T is removed. year (or agent designated under appropriate maps, and any written Par. 7. The amendments to § 1.1502± § 1.1502±77(d) for the carryback year) comments received will be available for 78(a), as contained in the notice of shall make any application under public inspection during normal proposed rulemaking (LR±97±79) section 6411. business hours at ATF Reading Room, published in the Federal Register on * * * * * Office of Public Affairs and Disclosure, July 31, 1984 (49 FR 30528), are (e) Cross-reference. For further rules Room 6480, 650 Massachusetts Avenue, withdrawn. applicable to groups that include NW, Washington, DC 20226 Par. 8. Section 1.1502±78 is amended insolvent financial institutions, see FOR FURTHER INFORMATION CONTACT: Tom as follows: § 301.6402±7 of this chapter. Busey, Regulations Division, Bureau of 1. Paragraph (a) is revised. (f) Effective dateÐ(1) In general. This Alcohol, Tobacco and Firearms, 650 2. Paragraph (b)(1) is amended by section applies to taxable years to which Massachusetts Avenue, NW, adding the language ``for the carryback a loss or credit may be carried back and Washington, DC 20226 (202) 927±8095. year (or agent designated under for which the due date (without SUPPLEMENTARY INFORMATION: § 1.1502±77(d) for the carryback year)'' extensions) of the original return is after Background at the end of the first sentence. the date final regulations are published 3. In paragraph (c), the last sentence in the Federal Register. On August 23, 1978, ATF published of Example (1) is amended by adding (2) Prior law. For taxable years to Treasury Decision ATF±53 (43 FR the language ``for the carryback year'' which a loss or credit may be carried 37672, 54624) revising regulations in 27 after ``parent.'' back and for which the due date CFR part 4. These regulations allow the 4. In paragraph (c), the last sentence (without extensions) is on or before the establishment of definitive viticultural of Example (2) is amended by removing date final regulations are published in areas. The regulations allow the name of the language ``S±1'' and adding ``P'' in the Federal Register, see § 1.1502±78 in an approved viticultural area to be used its place. effect prior to the date final regulations as an appellation of origin on wine 5. In paragraph (c), Example (3), the are published in the Federal Register, as labels and in wine advertisements. On seventh sentence is amended by contained in 26 CFR part 1 revised as of October 2, 1979, ATF published removing ``Z must'' and adding ``X April 1, 2000. Treasury Decision ATF±60 (44 FR must'' in its place. 56692) which added a new part 9 to 6. Paragraphs (e) and (f) are added. Robert E. Wenzel, Title 27, CFR, for the listing of approved The revision and additions read as Deputy Commissioner of Internal Revenue. American viticultural areas, the names follows: [FR Doc. 00±24039 Filed 9±25±00; 8:45 am] of which may be used as appellations of BILLING CODE 4830±01±P origin. § 1.1502±78 Tentative carryback Section 4.25a(e)(1), title 27, CFR, adjustments. defines an American viticultural area as (a) General rule. If a group has a DEPARTMENT OF THE TREASURY a delimited grape-growing region consolidated net operating loss, a distinguishable by geographic features, consolidated net capital loss, or a Bureau of Alcohol, Tobacco and the boundaries of which have been consolidated unused business credit for Firearms delineated in subpart C of part 9. any taxable year, then any application Section 4.25a(e)(2) outlines the under section 6411 for a tentative 27 CFR Part 9 procedure for proposing an American carryback adjustment of the taxes for a [Notice No. 903] viticultural area. Any interested person consolidated return year or years may petition ATF to establish a grape- preceding such year shall be made by RIN 1512±AA07 growing region as a viticultural area. the common parent corporation for the California Coast Viticultural Area The petition should include: carryback year (or agent designated (2000R±166P) (a) Evidence that the name of the under § 1.1502±77(d) for the carryback proposed viticultural area is locally year) to the extent such loss or unused AGENCY: Bureau of Alcohol, Tobacco and/or nationally known as referring to business credit is not apportioned to a and Firearms (ATF), Treasury. the area specified in the petition; VerDate 11<MAY>2000 17:43 Sep 25, 2000 Jkt 190000 PO 00000 Frm 00016 Fmt 4702 Sfmt 4702 E:\FR\FM\26SEP1.SGM pfrm03 PsN: 26SEP1 57764 Federal Register / Vol. 65, No. 187 / Tuesday, September 26, 2000 / Proposed Rules (b) Historical or current evidence that the consumer. ATF is looking for early production of wines in these the boundaries of the viticultural area specific comments on this situation and missions which extended along the are as specified in the petition; how the approval of this viticultural California Coast and fall within the (c) Evidence relating to the area should effect the future use of the boundaries of this AVA (see historical geographical characteristics (climate, term ``Coastal.'' discussions by wine experts in The soil, elevation, physical features, etc.) Wine Regions of America, by John J. which distinguish the viticultural Evidence That the Name of the Area Is Locally or Nationally Known Baxevanis (Vinifera Wine Journal 1992) features of the proposed area from at 257±8; Winemaking in California, by surrounding areas; According to the petitioners, the Teiser and Harroun (McGraw-Hill 1983) (d) A description of the specific name, ``California Coast'' is universally at 1±3; General Viticulture, by A.J. boundaries of the viticultural area, recognized. The petitioners point out Winkler at 2±4; The World Atlas of based on features which can be found that on a map of California, the state Wine, by Hugh Johnson at 226; and on United States Geological Survey has, on the western edge, one long Wine, by Amerine and Singleton (U.C. (U.S.G.S.) maps of the largest applicable rugged coastline next to a relatively Press 1977) at 281±3.) In addition, the scale; and narrow area of flatter land, which is petitioners seek to coordinate the (e) A copy (or copies) of the itself bordered, on the east, by a long, proposed ``California Coast'' viticultural appropriate U.S.G.S. map(s) with the nearly continuous string of mountains area with the existing boundaries of the boundaries prominently marked. known as the Coast Ranges. The other current North, Central, South, and side of the Coast Ranges is accompanied Petition Sonoma Coast viticultural areas in by a long, north-south, interior strip of The Bureau of Alcohol, Tobacco and California along with the previously continental mass distinguished by the unconnected coastal areas which link Firearms (ATF) has received a petition hot Central Valley and, east of that from the ``California Coast Alliance'' the existing ``Coast'' viticultural areas. basin, the high peaks of the Sierra According to the petitioners, the proposing the establishment of a Nevada Range. The petitioners cite viticultural area located along the coast northern, southern, and eastern numerous books referring to ``the boundaries set by these ``Coast'' of California.