Proposed Rules. Notice of public hearing for proposed rulemaking

Agency: Internal Revenue Service (IRS), Treasury
Action: Notice of public hearing for proposed rulemaking
Citation: FR Doc. 04-26416 · RIN 1545-BD48 · REG-128767-04 · 26 CFR 1

Summary

This document provides notice of a public hearing for proposed regulations provide rules under section 752 for taking into account certain obligations of a business entity that is disregarded as separate from its owner under section 856( i ), 1361(b)(3), or §§ 301.7701-1 through 301.7701-3 (disregarded entity) for purposes of charactering and allocating partnership liabilities.

Dates

The public hearing is scheduled for Friday, January 14, 2005, at 10 a.m. The IRS must receive outlines of the topics to be discussed at the public hearing by Friday, December 24, 2004.

Supplementary Information

The subject of the public hearing is the notice of proposed regulations (REG-128767-04) that was published in the Federal Register on August, 12, 2004 (69 FR 49832). The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who have submitted written or electronic comments and wish to present oral comments at the hearing must submit an outline of the topics to be discussed and the amount of time to be devoted to each topic (signed original and eight (8) copies) by December 24, 2004. 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. 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. Cynthia E. Grigsby, Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedures and Administration). [FR Doc. 04-26416 Filed 11-29-04; 8:45 am]