Partner's Distributive Share; Hearing, 67592 [E7-23192]

Agencies

• Internal Revenue Service
• DEPARTMENT OF THE TREASURY

[Federal Register Volume 72, Number 229 (Thursday, November 29, 2007)]
[Proposed Rules]
[Page 67592]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-23192]



[[Page 67592]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-143397-05]
RIN 1545-BE99


Partner's Distributive Share; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of notice of public hearing on proposed 
rulemaking.

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SUMMARY: This document cancels a public hearing on proposed regulations 
providing rules concerning the application of sections 704(c)(1)(B) and 
737 to distributions of property after two partnerships engage in an 
assets-over merger. The proposed regulations affect partnerships and 
their partners.

DATES: The public hearing, originally scheduled for December 5, 2007, 
at 10 a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Richard A. Hurst of the Publications 
and Regulations Branch, Legal Processing Division, Associate Chief 
Counsel (Procedure and Administration), at 
Richard.A.Hurst@irscounsel.treas.gov.

SUPPLEMENTARY INFORMATION: A notice of public hearing that appeared in 
the Federal Register on Wednesday, August 22, 2007 (72 FR 46932), 
announced that a public hearing was scheduled for December 5, 2007, at 
10 a.m. in the auditorium, Internal Revenue Building, 1111 Constitution 
Avenue, NW., Washington, DC. The subject of the public hearing is under 
sections 704(c)(1)(B) and 737 of the Internal Revenue Code.
    The public comment period for these regulations expired on November 
20, 2007. Outlines of topics to be discussed at the hearing were due on 
November 21, 2007. 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 
Monday, November 26, 2007, no one has requested to speak. Therefore, 
the public hearing scheduled for December 5, 2007, is cancelled.

Cynthia Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. E7-23192 Filed 11-28-07; 8:45 am]
BILLING CODE 4830-01-P