[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] ======================================================================= ----------------------------------------------------------------------- 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
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