81 FR 3069 - Treatment of Certain Transfers of Property of Foreign Corporations; Hearing

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 12 (January 20, 2016)

Page Range		3069-3069
FR Document		2016-00961

This document provides notice of public hearing on the proposed regulations relating to certain transfers of property by United States persons to foreign corporations. The proposed regulations affect United States persons that transfer certain property, including foreign goodwill and going concern value, to foreign corporations in non-recognition transactions described in section 367 of the Internal Revenue Code.

Federal Register, Volume 81 Issue 12 (Wednesday, January 20, 2016)

[Federal Register Volume 81, Number 12 (Wednesday, January 20, 2016)]
[Proposed Rules]
[Page 3069]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-00961]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-139483-13]
RIN 1545-BL87


Treatment of Certain Transfers of Property of Foreign 
Corporations; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on proposed rulemaking.

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SUMMARY: This document provides notice of public hearing on the 
proposed regulations relating to certain transfers of property by 
United States persons to foreign corporations. The proposed regulations 
affect United States persons that transfer certain property, including 
foreign goodwill and going concern value, to foreign corporations in 
non-recognition transactions described in section 367 of the Internal 
Revenue Code.

DATES: The public hearing is being held on Monday, February 8, 2016 at 
10:00 a.m. The IRS must receive outlines of the topics to be discussed 
at the public hearing by Monday, January 25, 2016.

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 photo identification to enter the building.
    Send Submissions to CC:PA:LPD:PR (REG-139483-13), 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-139483-13), 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-2015-0047).

FOR FURTHER INFORMATION CONTACT: Concerning the regulations, Ryan A. 
Bowen at (202) 317-6937; 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).

SUPPLEMENTARY INFORMATION: 
    The subject of the public hearing is the notice of proposed 
rulemaking (REG-139483-13) that was published in the Federal Register 
on Wednesday, September 16, 2015 (80 FR 55568). 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 December 15, 
2015 must submit an outline of the topics to be addressed and the 
amount of time to be devoted to each topic by January 25, 2016.
    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 in the Freedom of Information Reading Room (FOIA RR) (Room 
1621) which is located at the 11th and Pennsylvania Avenue NW. 
entrance, 1111 Constitution Avenue NW., Washington, DC 20224.
    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. 2016-00961 Filed 1-19-16; 8:45 am]
BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 12 / Wednesday, January 20, 2016 / Proposed Rules 3069

accordance with the procedures specified in DEPARTMENT OF THE TREASURY (REG–139483–13) that was published in
paragraph (m)(1) of this AD. the Federal Register on Wednesday,
(m) Other FAA AD Provisions
Internal Revenue Service September 16, 2015 (80 FR 55568). The
rules of 26 CFR 601.601(a)(3) apply to
The following provisions also apply to this 26 CFR Part 1 the hearing. Persons who wish to
AD:
[REG–139483–13] present oral comments at the hearing
(1) Alternative Methods of Compliance
that submitted written comments by
(AMOCs): The Manager, International RIN 1545–BL87 December 15, 2015 must submit an
Branch, FAA, has the authority to approve
outline of the topics to be addressed and
AMOCs for this AD, if requested using the Treatment of Certain Transfers of
procedures found in 14 CFR 39.19. In
the amount of time to be devoted to
Property of Foreign Corporations; each topic by January 25, 2016.
accordance with 14 CFR 39.19, send your Hearing
request to your principal inspector or local A period of 10 minutes is allotted to
Flight Standards District Office, as AGENCY: Internal Revenue Service (IRS), each person for presenting oral
appropriate. If sending information directly Treasury. comments. After the deadline for
to the International Branch, send it to ATTN: receiving outlines has passed, the IRS
ACTION: Notice of public hearing on
Dan Rodina, Aerospace Engineer, will prepare an agenda containing the
proposed rulemaking.
International Branch, ANM–116, Transport schedule of speakers. Copies of the
Airplane Directorate, FAA, 1601 Lind SUMMARY: This document provides agenda will be made available, free of
Avenue SW., Renton, WA 98057–3356; notice of public hearing on the proposed charge, at the hearing or in the Freedom
telephone 425–227–2125; fax 425–227–1149. regulations relating to certain transfers of Information Reading Room (FOIA RR)
Information may be emailed to: 9-ANM-116- of property by United States persons to (Room 1621) which is located at the
AMOC-REQUESTS@faa.gov. Before using foreign corporations. The proposed 11th and Pennsylvania Avenue NW.
any approved AMOC, notify your appropriate regulations affect United States persons entrance, 1111 Constitution Avenue
principal inspector, or lacking a principal that transfer certain property, including NW., Washington, DC 20224.
inspector, the manager of the local flight foreign goodwill and going concern Because of access restrictions, the IRS
standards district office/certificate holding value, to foreign corporations in non- will not admit visitors beyond the
district office. The AMOC approval letter recognition transactions described in immediate entrance area more than 30
must specifically reference this AD. section 367 of the Internal Revenue minutes before the hearing starts. For
(2) Contacting the Manufacturer: As of the Code. information about having your name
effective date of this AD, for any requirement placed on the building access list to
in this AD to obtain corrective actions from DATES: The public hearing is being held attend the hearing, see the FOR FURTHER
a manufacturer, the action must be on Monday, February 8, 2016 at 10:00 INFORMATION CONTACT section of this
accomplished using a method approved by a.m. The IRS must receive outlines of document.
the Manager, International Branch, ANM– the topics to be discussed at the public
116, Transport Airplane Directorate, FAA; or hearing by Monday, January 25, 2016. Martin V. Franks,
the European Aviation Safety Agency ADDRESSES: The public hearing is being Chief, Publications and Regulations Branch,
(EASA); or Airbus’s EASA Design held in the IRS Auditorium, Internal Legal Processing Division, Associate Chief
Organization Approval (DOA). If approved by Revenue Service Building, 1111 Counsel, (Procedure and Administration).
the DOA, the approval must include the Constitution Avenue NW., Washington, [FR Doc. 2016–00961 Filed 1–19–16; 8:45 am]
DOA-authorized signature. DC 20224. Due to building security BILLING CODE 4830–01–P

(n) Related Information procedures, visitors must enter at the
(1) Refer to Mandatory Continuing Constitution Avenue entrance. In
Airworthiness Information (MCAI) European addition, all visitors must present photo DEPARTMENT OF HOMELAND
Aviation Safety Agency Airworthiness identification to enter the building. SECURITY
Directive 2014–0193, dated October 15, 2014, Send Submissions to CC:PA:LPD:PR
for related information. This MCAI may be (REG–139483–13), Room 5205, Internal Coast Guard
found in the AD docket on the Internet at Revenue Service, P.O. Box 7604, Ben
http://www.regulations.gov by searching for Franklin Station, Washington, DC 33 CFR Part 165
and locating Docket No. FAA–2015–8468. 20044. Submissions may be hand-
[Docket No. USCG–2015–1081]
(2) For service information identified in delivered Monday through Friday to
this AD, contact Airbus SAS, Airworthiness CC:PA:LPD:PR (REG–139483–13), RIN 1625–AA00
Office—EAW, 1 Rond Point Maurice Couriers Desk, Internal Revenue
Bellonte, 31707 Blagnac Cedex, France; Service, 1111 Constitution Avenue NW., Safety Zones; Annual Events
telephone +33 5 61 93 36 96; fax +33 5 61 Washington, DC 20224 or sent Requiring Safety Zones in the Captain
93 44 51; email account.airworth-eas@ electronically via the Federal of the Port Lake Michigan Zone
airbus.com; Internet http://www.airbus.com. eRulemaking Portal at
You may view this service information at the AGENCY: Coast Guard, DHS.
www.regulations.gov (IRS–2015–0047).
FAA, Transport Airplane Directorate, 1601 ACTION: Notice of proposed rulemaking.
FOR FURTHER INFORMATION CONTACT:
Lind Avenue SW., Renton, WA. For
information on the availability of this
Concerning the regulations, Ryan A. SUMMARY: The Coast Guard proposes to
material at the FAA, call 425–227–1221. Bowen at (202) 317–6937; concerning amend its safety zones regulation for
submissions of comments, the hearing
tkelley on DSK3SPTVN1PROD with PROPOSALS

Annual Events in the Captain of the Port
Issued in Renton, Washington, on January and/or to be placed on the building Lake Michigan zone. This proposed
5, 2016. access list to attend the hearing Regina amendment updates 18 permanent
Victor Wicklund, Johnson at (202) 317–6901 (not toll-free safety zones and adds 3 new permanent
Acting Manager, Transport Airplane numbers). safety zones. These amendments and
Directorate, Aircraft Certification Service. SUPPLEMENTARY INFORMATION: additions are necessary to protect
[FR Doc. 2016–00632 Filed 1–19–16; 8:45 am] The subject of the public hearing is spectators, participants, and vessels
BILLING CODE 4910–13–P the notice of proposed rulemaking from the hazards associated with annual

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Document Created: 2016-01-19 23:44:25
Document Modified: 2016-01-19 23:44:25

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Proposed Rules
Action		Notice of public hearing on proposed rulemaking.
Dates		The public hearing is being held on Monday, February 8, 2016 at 10:00 a.m. The IRS must receive outlines of the topics to be discussed at the public hearing by Monday, January 25, 2016.
Contact		Concerning the regulations, Ryan A. Bowen at (202) 317-6937; 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).
FR Citation		81 FR 3069
RIN Number		1545-BL87

81 FR 3069 - Treatment of Certain Transfers of Property of Foreign Corporations; Hearing

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 12 (January 20, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service