S Corporation Guidance Under AJCA of 2004 and GOZA of 2005; Hearing Cancellation, 1131 [E8-24]

Download as PDF Federal Register / Vol. 73, No. 4 / Monday, January 7, 2008 / Proposed Rules flows, i.e., on or before 9:00 a.m. central clock time for flows occurring on the gas day that ended 24 hours before. (b) Exemptions to daily posting requirement. The following categories of major non-interstate pipelines are exempt from the reporting requirement of paragraph (a) of this section: (1) Those that fall entirely upstream of a processing plant; and (2) Those that deliver more than ninety-five percent (95%) of the natural gas volumes they flow directly to endusers. (3) To determine eligibility for the exemption in paragraph (b)(2) of this section, a major non-interstate pipeline must measure volumes by average deliveries over the preceding three calendar years. public hearing is under section 361 of the Internal Revenue Code. The public comments and outlines of oral testimony were due on December 27, 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 Wednesday, January 2, 2008, no one has requested to speak. Therefore, the public hearing scheduled for January 16, 2008, is cancelled. Cynthia E. Grigsby, Senior Federal Register Liaison Officer, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. E8–24 Filed 1–4–08; 8:45 am] BILLING CODE 4830–01–P [FR Doc. E7–25435 Filed 1–4–08; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service DEPARTMENT OF THE TREASURY 26 CFR Part 301 Internal Revenue Service [REG–136596–07] 26 CFR Part 1 RIN 1545–BH12 [REG–143326–05] RIN 1545–BE95 S Corporation Guidance Under AJCA of 2004 and GOZA of 2005; Hearing Cancellation Internal Revenue Service (IRS), Treasury. ACTION: Cancellation of notice of public hearing on proposed rulemaking. jlentini on PROD1PC65 with PROPOSALS AGENCY: SUMMARY: This document cancels a public hearing on proposed regulations that provide guidance regarding certain changes made to the rules governing S corporations under the American Jobs Creation Act of 2004 and the Gulf Opportunity Zone Act of 2005. DATES: The public hearing, originally scheduled for January 16, 2008, at 10 a.m. is cancelled. FOR FURTHER INFORMATION CONTACT: Kelly Banks of the Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration) at (202) 622–0392 (not a toll-free number). SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice of public hearing that appeared in the Federal Register on Friday, September 28, 2007 (72 FR 55132), announced that a public hearing was scheduled for January 16, 2008, at 10 a.m. in the IRS Auditorium, Internal Revenue Building, 1111 Constitution Avenue, NW., Washington, DC. The subject of the VerDate Aug<31>2005 18:51 Jan 04, 2008 Jkt 214001 Guidance Regarding Marketing of Refund Anticipation Loans (RALs) and Certain Other Products in Connection With the Preparation of a Tax Return Internal Revenue Service (IRS), Treasury. ACTION: Advance notice of proposed rulemaking (ANPRM). AGENCY: SUMMARY: This document describes rules that the Treasury Department and the IRS are considering proposing, in a notice of proposed rulemaking, regarding the disclosure and use of tax return information by tax return preparers. The rules would apply to the marketing of refund anticipation loans (RALs) and certain other products in connection with the preparation of a tax return and, as an exception to the general principle that taxpayers should have control over their tax return information that is reflected in final regulations published in T.D. 9375, which is published elsewhere in this issue of the Federal Register, provide that a tax return preparer may not obtain a taxpayer’s consent to disclose or use tax return information for the purpose of soliciting taxpayers to purchase such products. This document invites comments from the public regarding these contemplated rules. All materials submitted will be available for public inspection and copying. DATES: Written or electronic comments must be received by April 7, 2008. PO 00000 Frm 00016 Fmt 4702 Sfmt 4702 1131 Send submissions to: CC:PA:LPD:PR (REG–136596–07), Room 5203, Internal Revenue Service, PO Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be handdelivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG–136596–07), Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC, or sent electronically via the Federal eRulemaking Portal at https:// www.regulations.gov (IRS REG–136596– 07). FOR FURTHER INFORMATION CONTACT: Concerning submissions of comments, Kelly Banks at (202) 622–7180; concerning the proposals, Lawrence Mack at (202) 622–4940 (not toll-free numbers). ADDRESSES: SUPPLEMENTARY INFORMATION: Background This document describes rules that the Treasury Department and the IRS are considering proposing in a notice of proposed rulemaking regarding the marketing of refund anticipation loans (RALs) and certain other products identified below in connection with the preparation of a tax return. The proposed rules would amend the Regulations on Procedure and Administration (26 CFR part 301) under section 7216 of the Internal Revenue Code. Section 7216 was enacted by section 316 of the Revenue Act of 1971, Public Law 92–178 (85 Stat. 529, 1971), and has been amended several times since 1971. Section 7216 imposes criminal penalties on tax return preparers who knowingly or recklessly make unauthorized disclosures or uses of information furnished to them in connection with the preparation of an income tax return. In addition, tax return preparers are subject to civil penalties under section 6713 for disclosure or use of this information unless an exception under the rules of section 7216(b) applies to the disclosure or use. A notice of proposed rulemaking (REG–137243–02) was published in the Federal Register (70 FR 72954) on December 8, 2005. Concurrent with publication of the proposed regulations, the IRS published Notice 2005–93, 2005–52 I.R.B. 1204 (December 7, 2005), setting forth a proposed revenue procedure that would provide guidance to tax return preparers regarding the format and content of consents to use and consents to disclose tax return information under § 301.7216–3. Among other recommendations received in response to the notice of E:\FR\FM\07JAP1.SGM 07JAP1

Agencies

[Federal Register Volume 73, Number 4 (Monday, January 7, 2008)]
[Proposed Rules]
[Page 1131]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-24]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-143326-05]
RIN 1545-BE95


S Corporation Guidance Under AJCA of 2004 and GOZA of 2005; 
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 regulations 
that provide guidance regarding certain changes made to the rules 
governing S corporations under the American Jobs Creation Act of 2004 
and the Gulf Opportunity Zone Act of 2005.

DATES: The public hearing, originally scheduled for January 16, 2008, 
at 10 a.m. is cancelled.

FOR FURTHER INFORMATION CONTACT: Kelly Banks of the Publications and 
Regulations Branch, Legal Processing Division, Associate Chief Counsel 
(Procedure and Administration) at (202) 622-0392 (not a toll-free 
number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice 
of public hearing that appeared in the Federal Register on Friday, 
September 28, 2007 (72 FR 55132), announced that a public hearing was 
scheduled for January 16, 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 361 of the 
Internal Revenue Code.
    The public comments and outlines of oral testimony were due on 
December 27, 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 
Wednesday, January 2, 2008, no one has requested to speak. Therefore, 
the public hearing scheduled for January 16, 2008, is cancelled.

Cynthia E. Grigsby,
Senior Federal Register Liaison Officer, Publications and Regulations 
Branch, Legal Processing Division, Associate Chief Counsel (Procedure 
and Administration).
[FR Doc. E8-24 Filed 1-4-08; 8:45 am]
BILLING CODE 4830-01-P

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