98-31667. Termination of Puerto Rico and Possession Tax Credit; New Lines of Business Prohibited; Hearing Cancellation  

  • [Federal Register Volume 63, Number 228 (Friday, November 27, 1998)]
    [Proposed Rules]
    [Pages 65566-65567]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-31667]
    
    
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    DEPARTMENT OF THE TREASURY
    
    Internal Revenue Service
    
    26 CFR Part 1
    
    [REG-115446-97]
    RIN 1545-AV68
    
    
    Termination of Puerto Rico and Possession Tax Credit; New Lines 
    of Business Prohibited; Hearing Cancellation
    
    AGENCY: Internal Revenue Service (IRS), 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 that provide guidance regarding the 
    addition of a substantial new line of business by a possessions 
    corporation that is an existing credit claimant.
    
    DATES: The public hearing originally scheduled for Tuesday, December 1, 
    1998, at 10 a.m., is cancelled.
    
    FOR FURTHER INFORMATION CONTACT: Michael L. Slaughter of the 
    Regulations Unit, Assistant Chief Counsel (Corporate), (202) 622-7180 
    (not a toll-free number).
    
    SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice 
    of public hearing that appeared in the Federal Register on Wednesday, 
    August 19, 1998 (63 FR 44416), announced that a public hearing was 
    scheduled for Tuesday, December 1, 1998, at 10 a.m., in room 2615, 
    Internal Revenue Building, 1111 Constitution Avenue, NW., Washington, 
    DC. The subject of
    
    [[Page 65567]]
    
    the public hearing is proposed regulations under section 936 of the 
    Internal Revenue Code. The public comment period for these proposed 
    regulations expired on Tuesday, November 17, 1998.
        The notice of proposed rulemaking and notice of public hearing, 
    instructed those interested in testifying at the public hearing to 
    submit a request to speak and an outline of the topics to be addressed. 
    As of November 18, 1998, no one has requested to speak. Therefore, the 
    public hearing scheduled for Tuesday, December 1, 1998, is cancelled.
    Michael L. Slaughter,
    Acting Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
    [FR Doc. 98-31667 Filed 11-25-98; 8:45 am]
    BILLING CODE 4830-01-P
    
    
    

Document Information

Published:
11/27/1998
Department:
Internal Revenue Service
Entry Type:
Proposed Rule
Action:
Cancellation of notice of public hearing on proposed rulemaking.
Document Number:
98-31667
Dates:
The public hearing originally scheduled for Tuesday, December 1, 1998, at 10 a.m., is cancelled.
Pages:
65566-65567 (2 pages)
Docket Numbers:
REG-115446-97
RINs:
1545-AV68: New Lines of Business Prohibited Under Section 936(j)(9)(B)
RIN Links:
https://www.federalregister.gov/regulations/1545-AV68/new-lines-of-business-prohibited-under-section-936-j-9-b-
PDF File:
98-31667.pdf
CFR: (1)
26 CFR 1