Determining the Amount of Taxes Paid for Purposes of Section 901; Hearing Cancellation

Federal Register: December 2, 2008 (Volume 73, Number 232)

Proposed Rules

Page 73197

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr02de08-17

DEPARTMENT OF THE TREASURY

Internal Revenue Service 26 CFR Part 1

REG-156779-06

RIN 1545-BG27

Determining the Amount of Taxes Paid for Purposes of Section 901;

Hearing Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of notice of public hearing on proposed rulemaking by cross-reference to temporary regulations.

SUMMARY: This document cancels a public hearing on proposed rulemaking by cross-reference to temporary regulations that provide guidance relating to the determination of the purposes of the foreign tax credits. The text of those temporary regulations also serves as the text of these proposed regulations.

DATES: The public hearing, originally scheduled for December 11, 2008 at 10 a.m. is cancelled.

FOR FURTHER INFORMATION CONTACT: Regina Johnson 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 by cross- reference to temporary regulations and a notice of public hearing that appeared in the Federal Register on Wednesday, July 16, 2008 (73 FR 40792) announced that a public hearing was scheduled for December 11, 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 901 of the Internal Revenue Code.

The public comment period for these regulations expired on October 14, 2008. Outlines of topics to be discussed at the hearing were due on

November 20, 2008. The notice of proposed rulemaking by cross-reference to temporary regulations 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 Friday,

November 25, 2008, no one has requested to speak. Therefore, the public hearing scheduled for December 11, 2008, is cancelled.

Guy Traynor,

Federal Register Liaison, Publications and Regulations Branch, Legal

Processing Division, Associate Chief Counsel (Procedure and

Administration).

FR Doc. E8-28522 Filed 12-1-08; 8:45 am

BILLING CODE 4830-01-P