[Federal Register Volume 63, Number 235 (Tuesday, December 8, 1998)]
[Proposed Rules]
[Pages 67634-67635]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-32467]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-209446-82]
RIN 1545-AT52
Pass Through of Items of an S Corporation to its Shareholders;
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 relating to the pass through of items
of an S
[[Page 67635]]
corporation to its shareholders, the adjustments to the basis of stock
of the shareholders, and the treatment of distributions by an S
corporation.
DATES: The public hearing originally scheduled for Tuesday, December
15, 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 Tuesday,
August 18, 1998 (63 FR 44181), announced that a public hearing was
scheduled for Tuesday, December 15, 1998, at 10 a.m., in room 2615,
Internal Revenue Building, 1111 Constitution Avenue, NW., Washington,
DC. The subject of the public hearing is proposed regulations under
section 1366, 1367 and 1368 of the Internal Revenue Code. The public
comment period for these proposed regulations expired on Monday,
November 16, 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 December 2, 1998, no one has requested to speak. Therefore, the
public hearing scheduled for Tuesday, December 15, 1998, is cancelled.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 98-32467 Filed 12-7-98; 8:45 am]
BILLING CODE 4830-01-U
