Proposed Rules. Cancellation of notice of public hearing on proposed rulemaking

Agency: Internal Revenue Service (IRS), Treasury
Action: Cancellation of notice of public hearing on proposed rulemaking
Citation: FR Doc. 03-353 · RIN 1545-BB25 · REG-131478-02 · 26 CFR 1

Summary

This document cancels a public hearing on proposed regulations under section 1502 of the Internal Revenue Code regarding proposed regulations that redetermine the basis of stock of a subsidiary member of a consolidated group immediately prior to certain dispositions and deconsolidations of such stock.

Dates

The public hearing originally scheduled for January 15, 2003, at 10 a.m., is cancelled.

Supplementary Information

A notice of proposed rulemaking and notice of public hearing that appeared in the Federal Register on Wednesday, October 23, 2002 (67 FR 65060), announced that a public hearing was scheduled for January 15, 2003, at 10 a.m., in room 6718, Internal Revenue Service Building, 1111 Constitution Avenue, NW., Washington, DC. The subject of the public hearing is proposed regulations under section 1502 of the Internal Revenue Code. The public comment period for these regulations expires on January 21, 2003. Outlines of oral testimony were due on December 27, 2002. The notice of proposed rulemaking and notice of public hearing, instructed those interested in testifying at the public hearing to submit outlines of topics to be addressed. As of Friday, January 3, 2003, no one has requested to speak. Therefore, the public hearing scheduled for January 15, 2003, is cancelled. Cynthia E. Grigsby, Chief, Regulations Unit, Associate Chief Counsel (Income Tax and Accounting). [FR Doc. 03-353 Filed 1-7-03; 8:45 am]