[Federal Register Volume 61, Number 197 (Wednesday, October 9, 1996)]
[Proposed Rules]
[Page 52902]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-25943]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[CO-24-96, CO-25-96, CO-26-96]
RIN 1545-AU31, 1545-AU32, 1545-AU33
Consolidated Returns--Limitations on the Use of Certain Losses
and Deductions; Regulations Under Section 1502 of the Internal Revenue
Code of 1986; Limitations on Net Operating Loss Carryforwards and
Certain Built-in Losses and Credits Following an Ownership Change of a
Consolidated Group; Regulations Under Section 382 of the Internal
Revenue Code of 1986; Application of Section 382 in Short Taxable Years
and With Respect to Controlled Groups; Hearing Cancellation
AGENCY: Internal Revenue Service, Treasury.
ACTION: Cancellation of notice of public hearing on proposed
rulemaking.
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SUMMARY: This document provides notice of cancellation of a public
hearing on proposed regulations relating to deductions and losses of
members; limitations on net operating loss carryforwards and certain
built-in losses and credits following an ownership change with respect
to consolidated groups; and the application of section 382 in short
taxable years and with respect to controlled groups. The public hearing
originally scheduled for October 17, 1996, beginning at 10:00 a.m. is
cancelled.
FOR FURTHER INFORMATION CONTACT: Evangelista C. Lee of the Regulations
Unit, Assistant Chief Counsel (Corporate), (202) 622-7190, (not a toll
free number).
SUPPLEMENTARY INFORMATION: The subject of the public hearing is
proposed amendments to the Income Tax Regulations under sections 25,
382 and 1502 of the Internal Revenue Code. A notice of public hearing
appearing in the Federal Register on Thursday, June 27, 1996 (61 FR
33393), (61 FR 33395), and (61 FR 33391), announced that the public
hearing on proposed regulations under sections 25, 382, 1502 of the
Internal Revenue Code would be held on Thursday, October 17, 1996,
beginning at 10:00 a.m., in the NYU Classroom, Room 2615, Internal
Revenue Building, 1111 Constitution Avenue, NW, Washington, D.C. 20224.
The public hearing scheduled for Thursday, October 17, 1996, is
cancelled.
Michael L. Slaughter,
Acting Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 96-25943 Filed 10-8-96; 8:45 am]
BILLING CODE 4830-01-U
