84 FR 8051 - Base Erosion and Anti-Abuse Tax; Hearing

This document provides a notice of public hearing on proposed regulations to provide guidance regarding the tax on base erosion payments of taxpayers with substantial gross receipts and reporting requirements thereunder.

[Federal Register Volume 84, Number 44 (Wednesday, March 6, 2019)]
[Proposed Rules]
[Page 8051]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2019-04043]



[[Page 8051]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-104259-18]
RIN 1545-BO56


Base Erosion and Anti-Abuse Tax; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Proposed rule; notice of hearing.

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SUMMARY: This document provides a notice of public hearing on proposed 
regulations to provide guidance regarding the tax on base erosion 
payments of taxpayers with substantial gross receipts and reporting 
requirements thereunder.

DATES: The public hearing is being held on Monday, March 25, 2019, at 
1:00 p.m. The IRS must receive speakers' outlines of the topics to be 
discussed at the public hearing by Friday, March 15, 2019.

ADDRESSES: The public hearing is being held in the IRS Auditorium, 
Internal Revenue Service Building, 1111 Constitution Avenue NW, 
Washington, DC 20224. Due to building security procedures, visitors 
must enter at the Constitution Avenue entrance. In addition, all 
visitors must present a valid photo identification to enter the 
building.
    Send Submissions to CC:PA:LPD:PR (REG-104259-18), Room 5205, 
Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, 
Washington, DC 20044. Submissions may be hand-delivered Monday through 
Friday to CC:PA:LPD:PR (REG-104390-18), Couriers Desk, Internal Revenue 
Service, 1111 Constitution Avenue NW, Washington, DC 20224 or sent 
electronically via the Federal eRulemaking Portal at 
www.regulations.gov (IRS REG-104259-18).

FOR FURTHER INFORMATION CONTACT: Concerning Sec. Sec.  1.59A-1 through 
1.59A-10 of the proposed regulations, Sheila Ramaswamy or Karen Walny 
at (202) 317-6938; concerning the services cost method exception, L. 
Ulysses Chatman at (202) 317-6939; concerning Sec. Sec.  1.383-1, 
1.1502-2, 1.1502-4, 1.1502-43, 1.1502-47, 1.1502-59A, 1.1502-100, and 
1.6655-5 of the proposed regulations, Julie Wang at (202) 317-6975 or 
John P. Stemwedel at (202) 317-5024; concerning Sec. Sec.  1.6038A-1, 
1.6038A-2, and 1.6038A-4 of the proposed regulations, Brad McCormack or 
Anand Desai at (202) 317-6939. Concerning submissions of comments, the 
hearing and/or to be placed on the building access list to attend the 
hearing, Regina Johnson at (202) 317-6901 (not toll-free numbers), or 
email her at [email protected].

SUPPLEMENTARY INFORMATION: The subject of the public hearing is the 
notice of proposed rulemaking (REG-104259-18) that was published in the 
Federal Register on Friday, December 31, 2018 (83 FR 65956).
    The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who 
wish to present oral comments at the hearing that submitted written 
comments by February 19, 2019, must submit an outline of the topics to 
be addressed and the amount of time to be devoted to each topic by 
Friday, March 15, 2019.
    A period of 10 minutes is allotted to each person for presenting 
oral comments. After the deadline for receiving outlines has passed, 
the IRS will prepare an agenda containing the schedule of speakers. 
Copies of the agenda will be made available, free of charge, at the 
hearing or by contacting the Publications and Regulations Branch at 
(202) 317-6901(not a toll-free number).
    Because of access restrictions, the IRS will not admit visitors 
beyond the immediate entrance area more than 30 minutes before the 
hearing starts. For information about having your name placed on the 
building access list to attend the hearing, see the FOR FURTHER 
INFORMATION CONTACT section of this document.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2019-04043 Filed 3-5-19; 8:45 am]
 BILLING CODE 4830-01-P