73 FR 225 pg. 70289 - Section 108 Reduction of Tax Attributes for S Corporations; Hearing Cancellation
Type: PRORULEVolume: 73Number: 225Page: 70289
Docket number: [REG-102822-08]
FR document: [FR Doc. E8-27555 Filed 11-19-08; 8:45 am]
Agency: Treasury Department
Sub Agency: Internal Revenue Service
Official PDF Version: PDF Version
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-102822-08]
RIN 1545-BH54
Section 108 Reduction of Tax Attributes for S Corporations; Hearing Cancellation
AGENCY:
Internal Revenue Service (IRS), Treasury.
ACTION:
Cancellation of notice of public hearing on proposed rulemaking.
SUMMARY:
This document cancels a public hearing on proposed rulemaking that provides guidance on the manner in which an S corporation reduces its tax attributes under section 108(b) for taxable years in which the S corporation has discharge of indebtedness income that is excluded from gross income under section 108(a).
DATES:
The public hearing, originally scheduled for December 8, 2008, at 10 a.m. is cancelled.
FOR FURTHER INFORMATION CONTACT:
Funmi Taylor of the Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration), at (202) 622-7180 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
A notice of proposed rulemaking and a notice of public hearing that appeared in the Federal Register on Wednesday, August 6, 2008 (73 FR 45656), announced that a public hearing was scheduled for December 8, 2008, at 10 a.m. in the IRS Auditorium, Internal Revenue Building, 1111 Constitution Avenue, NW., Washington, DC. The subject of the public hearing is under section 108 of the Internal Revenue Code.
The public comment period for the proposed rulemaking expired on November 4, 2008. The notice of proposed rulemaking and notice of public hearing instructed those interested in testifying at the public hearing to submit an outline of the topics to be addressed. As of Thursday, November 13, 2008, no one has requested to speak. Therefore, the public hearing scheduled for December 8, 2008, is cancelled.
LaNita VanDyke,
Chief, Publications and Regulations Branch,Legal Processing Division,Associate Chief Counsel(Procedure and Administration).
[FR Doc. E8-27555 Filed 11-19-08; 8:45 am]
BILLING CODE 4830-01-P