81 FR 71025 - Certain Transfers of Property to Regulated Investment Companies [RICs] and Real Estate Investment Trusts [REITs]; Hearing

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 199 (October 14, 2016)

Page Range		71025-71025
FR Document		2016-24901

This document provides a notice of a public hearing on proposed IRS regulations that are affecting the repeal of the General Utilities doctrine by the Tax Reform Act of 1986.

Federal Register, Volume 81 Issue 199 (Friday, October 14, 2016)

[Federal Register Volume 81, Number 199 (Friday, October 14, 2016)]
[Proposed Rules]
[Page 71025]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-24901]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-126452-15]
RIN 1545-BN06


Certain Transfers of Property to Regulated Investment Companies 
[RICs] and Real Estate Investment Trusts [REITs]; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of a public hearing on notice of proposed rulemaking.

-----------------------------------------------------------------------

SUMMARY: This document provides a notice of a public hearing on 
proposed IRS regulations that are affecting the repeal of the General 
Utilities doctrine by the Tax Reform Act of 1986.

DATES: The public hearing is being held on Wednesday, November 9, 2016, 
at 10 a.m. The IRS must receive outlines of the topics to be discussed 
at the public hearing by Wednesday, October 26, 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-126452-15), 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-126452-15), 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-126452-15).

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Austin M. Diamond-Jones (202) 317-5363; 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-126452-15) that was published in the 
Federal Register on Wednesday, June 8, 2016 (81 FR 36816).
    The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who 
wish to present oral comments at the hearing that submit written 
comments by October 26, 2016, must submit an outline of the topics to 
be addressed and the amount of time to be devoted to each topic by 
Wednesday, October 26, 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 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. 2016-24901 Filed 10-13-16; 8:45 am]
 BILLING CODE 4830-01-P

Federal Register / Vol. 81, No. 199 / Friday, October 14, 2016 / Proposed Rules 71025

will be posted on www.cbp.gov. The of excess duties, fees, charges, or Austin M. Diamond-Jones (202) 317–
port director will also endeavor to exactions. 5363; concerning submissions of
transmit a courtesy notice of suspension comments, the hearing and/or to be
R. Gil Kerlikowske,
to the entry filer and surety through a placed on the building access list to
Commissioner, U.S. Customs and Border attend the hearing Regina Johnson at
CBP-authorized electronic data Protection.
interchange system. (202) 317–6901 (not toll-free numbers).
Approved: October 11, 2016.
SUPPLEMENTARY INFORMATION: The
(d) * * * Timothy E. Skud,
subject of the public hearing is the
(1) * * * Deputy Assistant Secretary of the Treasury. notice of proposed rulemaking (REG–
(2) At importer’s request. If the [FR Doc. 2016–24858 Filed 10–13–16; 8:45 am] 126452–15) that was published in the
statutory period has been extended for BILLING CODE 9111–14–P Federal Register on Wednesday, June 8,
one year at the importer’s request, and 2016 (81 FR 36816).
the importer thereafter determines that The rules of 26 CFR 601.601(a)(3)
additional time is necessary, it may DEPARTMENT OF THE TREASURY apply to the hearing. Persons who wish
request another extension in writing to present oral comments at the hearing
before the original extension expires, Internal Revenue Service that submit written comments by
giving reasons for its request. If the port October 26, 2016, must submit an
26 CFR Part 1 outline of the topics to be addressed and
director finds that good cause (as
the amount of time to be devoted to
defined in paragraph (a)(1)(ii) of this [REG–126452–15]
each topic by Wednesday, October 26,
section) exists, the official notice of
RIN 1545–BN06 2016.
extension extending the time for A period of 10 minutes is allotted to
liquidation for an additional period not Certain Transfers of Property to each person for presenting oral
to exceed one year will be posted on Regulated Investment Companies comments. After the deadline for
www.cbp.gov, and CBP will endeavor to [RICs] and Real Estate Investment receiving outlines has passed, the IRS
transmit a courtesy notice of the Trusts [REITs]; Hearing will prepare an agenda containing the
extension through a CBP-authorized schedule of speakers. Copies of the
electronic data interchange system. AGENCY: Internal Revenue Service (IRS),
agenda will be made available, free of
Treasury.
* * * * * charge, at the hearing or by contacting
ACTION: Notice of a public hearing on the Publications and Regulations Branch
(f) Time limitation. An entry not notice of proposed rulemaking. at (202) 317–6901 (not a toll-free
liquidated within four years from either
SUMMARY: This document provides a number).
the date of entry, or the date of final Because of access restrictions, the IRS
withdrawal of all the merchandise notice of a public hearing on proposed
will not admit visitors beyond the
covered by a warehouse entry, will be IRS regulations that are affecting the
immediate entrance area more than 30
deemed liquidated by operation of law repeal of the General Utilities doctrine
minutes before the hearing starts. For
at the rate of duty, value, quantity, and by the Tax Reform Act of 1986.
information about having your name
amount of duty asserted by the importer DATES: The public hearing is being held placed on the building access list to
of record, unless liquidation continues on Wednesday, November 9, 2016, at 10 attend the hearing, see the FOR FURTHER
to be suspended by statute or court a.m. The IRS must receive outlines of INFORMATION CONTACT section of this
order. CBP will endeavor to provide a the topics to be discussed at the public document.
courtesy notice of liquidation, in hearing by Wednesday, October 26,
2016. Martin V. Franks,
accordance with § 159.9(d), in addition
Chief, Publications and Regulations Branch,
to the notice specified in ADDRESSES: The public hearing is being Legal Processing Division, Associate Chief
§ 159.9(c)(2)(ii). held in the IRS Auditorium, Internal Counsel, (Procedure and Administration).
Revenue Service Building, 1111 [FR Doc. 2016–24901 Filed 10–13–16; 8:45 am]
PART 173—ADMINISTRATIVE REVIEW Constitution Avenue NW., Washington,
BILLING CODE 4830–01–P
IN GENERAL DC 20224. Due to building security
procedures, visitors must enter at the
■ 6. The general authority citations for Constitution Avenue entrance. In DEPARTMENT OF THE TREASURY
part 173 continues to read as follows: addition, all visitors must present photo
Authority: 19 U.S.C. 66, 1501, 1520, 1624. identification to enter the building. Internal Revenue Service
Send Submissions to CC:PA:LPD:PR
■ 7. Revise § 173.4a to read as follows: (REG–126452–15), Room 5205, Internal 26 CFR Part 1
§ 173.4a Refund of excess duties, fees, Revenue Service, P.O. Box 7604, Ben
Franklin Station, Washington, DC [REG–150992–13]
charges, or exaction paid prior to
liquidation. 20044. Submissions may be hand- RIN 1545–BM03
delivered Monday through Friday to
Pursuant to section 520(a)(4), Tariff CC:PA:LPD:PR (REG–126452–15), Election To Take Disaster Loss
Act of 1930, as amended (19 U.S.C. Couriers Desk, Internal Revenue Deduction for Preceding Year
1520(a)(4)), whenever an importer of Service, 1111 Constitution Avenue NW.,
ehiers on DSK5VPTVN1PROD with PROPOSALS

record declares or it is ascertained that AGENCY: Internal Revenue Service (IRS),
Washington, DC 20224 or sent Treasury.
excess duties, fees, charges, or exactions electronically via the Federal
have been deposited or paid, the port ACTION: Notice of Proposed Rulemaking
eRulemaking Portal at
director may, prior to liquidation of an by cross-reference to temporary
www.regulations.gov (IRS REG–126452–
entry or reconciliation, take appropriate regulations.
15).
action to refund the deposit or payment FOR FURTHER INFORMATION CONTACT: SUMMARY: In the Rules and Regulations
Concerning the proposed regulations, section of this issue of the Federal

VerDate Sep<11>2014 13:01 Oct 13, 2016 Jkt 241001 PO 00000 Frm 00009 Fmt 4702 Sfmt 4702 E:\FR\FM\14OCP1.SGM 14OCP1

Document Created: 2016-10-14 00:01:23
Document Modified: 2016-10-14 00:01:23

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 a public hearing on notice of proposed rulemaking.
Dates		The public hearing is being held on Wednesday, November 9, 2016, at 10 a.m. The IRS must receive outlines of the topics to be discussed at the public hearing by Wednesday, October 26, 2016.
Contact		Concerning the proposed regulations, Austin M. Diamond-Jones (202) 317-5363; 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 71025
RIN Number		1545-BN06

81 FR 71025 - Certain Transfers of Property to Regulated Investment Companies [RICs] and Real Estate Investment Trusts [REITs]; Hearing

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 199 (October 14, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service