Controlled Group Regulation Examples; Hearing Cancellation, 68779-68780 [2013-27451]
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Federal Register / Vol. 78, No. 221 / Friday, November 15, 2013 / Proposed Rules
BOBBR, GA
JACET, GA
WP
WP
T–292 RKMRT,
RKMRT, GA
POLLL, GA
CCATT, GA
REELL, GA
TRREE, GA
JACET, GA
GA to JACET, GA [New]
WP
(Lat. 34°03′37″
WP
(Lat. 34°08′57″
WP
(Lat. 34°16′15″
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(Lat. 34°01′33″
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(Lat. 33°47′15″
WP
(Lat. 33°29′41″
T–293 CHUTT,
CHUTT, AL
NFTRY, GA
RTLRY, GA
HONRR, GA
POLLL, GA
DAISI, GA
(Lat. 33°19′57″ N., long. 83°08′19″ W.)
(Lat. 33°29′41″ N., long. 82°06′28″ W.)
AL to DAISI, GA [New]
WP
(Lat. 32°13′23″ N., long. 85°03′06″ W.)
WP
(Lat. 33°02′03″ N., long. 85°09′06″ W.)
WP
(Lat. 33°45′18″ N., long. 85°07′48″ W.)
WP
(Lat. 33°57′35″ N., long. 85°01′28″ W.)
WP
(Lat. 34°08′57″ N., long. 84°46′50″ W.)
WP
(Lat. 34°26′08″ N., long. 84°25′51″ W.)
N.,
N.,
N.,
N.,
N.,
N.,
long.
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long.
long.
long.
long.
85°15′03″
84°46′50″
84°09′05″
83°31′44″
82°55′30″
82°06′28″
W.)
W.)
W.)
W.)
W.)
W.)
T–294 HEFIN,
HEFIN, AL
BBAIT, GA
JMPPR, GA
GRANT, GA
AL to GRANT, GA [New]
Fix
(Lat. 33°35′55″
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(Lat. 33°07′14″
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(Lat. 32°57′42″
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(Lat. 32°49′45″
N.,
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long.
long.
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85°25′11″
84°46′13″
84°33′19″
84°22′36″
W.)
W.)
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T–296 JMPPR,
JMPPR, GA
BBASS, GA
TATRS, GA
TACKL, GA
GA to TACKL, GA [New]
WP
(Lat. 32°57′42″
WP
(Lat. 33°11′33″
WP
(Lat. 33°20′37″
WP
(Lat. 33°44′25″
N.,
N.,
N.,
N.,
long.
long.
long.
long.
84°33′19″
83°59′21″
83°51′37″
83°30′31″
W.)
W.)
W.)
W.)
T–297 PAIRA,
PAIRA, GA
NFTRY, GA
HEFIN, AL
RKMRT, GA
CHTTE, GA
DAISI, GA
AWSON. GA
REELL, GA
GA to REELL, GA [New]
WP
(Lat. 32°31′48″ N., long. 84°31′42″ W.)
WP
(Lat. 33°02′03″ N., long. 85°09′06″ W.)
Fix
(Lat. 33°35′55″ N., long. 85°25′11″ W.)
WP
(Lat. 34°03′37″ N., long. 85°14′03″ W.)
WP
(Lat. 34°23′18″ N., long. 84°52′55″ W.)
WP
(Lat. 34°26′08″ N., long. 84°25′51″ W)
Fix
(Lat. 34°28′49″ N., long. 83°59′03″ W.)
WP
(Lat. 34°01′33″ N., long. 83°31′44″ W.)
T–319 CCLAY,
CCLAY, GA
DUNCS, GA
SHURT, GA
KLOWD, GA
BLEWW, GA
GA to BLEWW, GA [New]
WP
(Lat. 33°18′11″
WP
(Lat. 33°27′34″
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(Lat. 33°32′13″
WP
(Lat. 33°43′59″
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(Lat. 33°58′14″
N.,
N.,
N.,
N.,
N.,
long.
long.
long.
long.
long.
84°24′41″
84°25′23″
84°25′50″
84°26′05″
84°25′43″
W.)
W.)
W.)
W.)
W.)
T–321 BBOAT,
BBOAT, GA
TACKL, GA
REELL, GA
BIGNN, GA
GA to BIGNN, GA [New]
WP
(Lat. 33°16′51″
WP
(Lat. 33°44′25″
WP
(Lat. 34°01′33″
WP
(Lat. 34°20′34″
N.,
N.,
N.,
N.,
long.
long.
long.
long.
83°28′10″
83°30′31″
83°31′44″
83°33′07″
W.)
W.)
W.)
W.)
T–323 CROCS,
CROCS, GA
BOBBR, GA
BIGNN, GA
ZPPLN, NC
HIGGI, NC
GA to HIGGI, NC [New]
WP
(Lat. 32°27′18″ N., long. 82°46′29″
WP
(Lat. 33°19′57″ N., long. 83°08′19″
WP
(Lat. 34°20′34″ N., long. 83°33′07″
WP
(Lat. 34°59′47″ N., long. 83°49′38″
WP
(Lat. 35°26′47″ N., long. 83°46′41″
W.)
W.)
W.)
W.)
W.)
Issued in Washington, DC, on November 4,
2013.
Gary A. Norek,
Manager, Airspace Policy and ATC
Procedures Group.
DEPARTMENT OF THE TREASURY
[FR Doc. 2013–27335 Filed 11–14–13; 8:45 am]
[REG–114122–12]
BILLING CODE 4910–13–P
RIN 1545–BK96
Internal Revenue Service
emcdonald on DSK67QTVN1PROD with PROPOSALS
Internal Revenue Service (IRS),
Treasury.
ACTION: Cancellation of a notice of
public hearing on proposed rulemaking.
AGENCY:
This document cancels a
public hearing on proposed regulations
that propose revisions to examples that
illustrate the controlled group rules
SUMMARY:
16:36 Nov 14, 2013
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related to regulated investment
companies.
The public hearing originally
scheduled for December 9, 2013 at 10
a.m. is cancelled.
FOR FURTHER INFORMATION CONTACT:
Oluwafunmilayo Taylor of the
Publications and Regulations Branch,
Legal Processing Division, Associate
Chief Counsel (Procedure and
Administration) at (202) 317–6901 (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 August 2, 2013 (78
FR 46851) announced that a public
hearing was scheduled for December 9,
2013, at 10 a.m. in the IRS Auditorium,
DATES:
26 CFR Part 1
Controlled Group Regulation
Examples; Hearing Cancellation
VerDate Mar<15>2010
68779
E:\FR\FM\15NOP1.SGM
15NOP1
68780
Federal Register / Vol. 78, No. 221 / Friday, November 15, 2013 / Proposed Rules
Internal Revenue Building, 1111
Constitution Avenue NW., Washington,
DC. The subject of the public hearing is
under section 851(c) of the Internal
Revenue Code.
The public comment period for these
regulations expired on October 31, 2013.
The notice of proposed rulemaking 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 8, 2013, no one
has requested to speak. Therefore, the
public hearing scheduled for December
9, 2013, is cancelled.
Martin V. Franks,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. 2013–27451 Filed 11–14–13; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG–120927–13]
RIN–1545–BL61
Treatment of Income From Indian
Fishing Rights-Related Activity as
Compensation
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of proposed rulemaking.
AGENCY:
This document contains
proposed regulations that would clarify
that amounts paid to an Indian tribe
member as remuneration for services
performed in a fishing rights-related
activity may be treated as compensation
for purposes of applying the limits on
qualified plan benefits and
contributions. These regulations would
affect sponsors of, and participants in,
employee benefit plans of Indian tribal
governments.
DATES: Comments and requests for a
public hearing must be received by
February 13, 2014.
ADDRESSES: Send submissions to
CC:PA:LPD:PR (REG–120927–13), room
5205, 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–120927–13),
Courier’s Desk, Internal Revenue
Service, 1111 Constitution Avenue NW.,
Washington, DC 20224, or sent
electronically via the Federal
eRulemaking Portal at
emcdonald on DSK67QTVN1PROD with PROPOSALS
SUMMARY:
VerDate Mar<15>2010
16:36 Nov 14, 2013
Jkt 232001
www.regulations.gov (IRS REG–120927–
13).
FOR FURTHER INFORMATION CONTACT:
Concerning the proposed regulations,
Sarah Bolen or Pamela Kinard at (202)
622–6060 or (202) 317–6700; concerning
the submission of comments or to
request a public hearing,
Oluwafunmilayo Taylor, (202) 622–7180
or (202) 317–6901 (not toll-free
numbers).
SUPPLEMENTARY INFORMATION:
Background
Indian tribal governments (ITGs) and
individual tribe members conduct
fishing activities to generate revenue,
protect critical habitats, and preserve
tribal customs and traditions. Various
treaties, federal statutes, and
Presidential executive orders reserve to
Indian tribe members the right to fish
for subsistence and commercial
purposes both on and off reservations.
Because many of the treaties, statutes,
and executive orders were adopted
before passage of the Federal income
tax, they often do not expressly address
the question of whether income derived
by Indians and ITGs from protected
fishing activities is exempt from
taxation. See H.R. Rep. 100–1104, at p.
77 (1988).
Congress added section 7873 to the
Internal Revenue Code as part of the
Technical and Miscellaneous Revenue
Act of 1988 (Pub. L. 100–647). Section
7873(a)(1) provides that no income tax
shall be imposed on income derived
from a fishing rights-related activity of
an Indian tribe by (A) a member of the
tribe directly or through a qualified
Indian entity, or (B) a qualified Indian
entity. Section 7873(a)(2) provides that
no employment tax shall be imposed on
remuneration paid for services
performed in a fishing rights-related
activity of an Indian tribe by a member
of such tribe for another member of such
tribe or for a qualified Indian entity.
Thus, section 7873(a) exempts income
derived from a fishing rights-related
activity (‘‘fishing rights-related
income’’) from both income and
employment taxes.
Section 7873(b)(1) defines fishing
rights-related activity with respect to an
Indian tribe as any activity directly
related to harvesting, processing, or
transporting fish harvested in the
exercise of a recognized fishing right of
the tribe or to selling such fish but only
if substantially all of such harvesting
was performed by members of such
tribe.
Section 415(a)(1) provides that a trust
that is part of a pension, profit-sharing,
or stock bonus plan shall not constitute
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Fmt 4702
Sfmt 4702
a qualified trust under section 401(a) if
(A) in the case of a defined benefit plan,
the plan provides for the payment of
benefits with respect to a participant
which exceed the limitation of section
415(b), or (B) in the case of a defined
contribution plan, contributions and
other additions under the plan with
respect to any participant for any
taxable year exceed the limitation of
section 415(c).
Section 415(b)(1) provides that
benefits with respect to a participant
exceed the annual limitation for defined
benefit plans if, when expressed as an
annual benefit (within the meaning of
section 415(b)(2)), the participant’s
annual benefit is greater than the lesser
of $160,000 (as adjusted in accordance
with section 415(d)(1)) or 100 percent of
the participant’s average compensation
for the participant’s high 3 years.
Section 415(b)(3) provides that, for
purposes of section 415(b)(1), a
participant’s high 3 years will be the
period of consecutive calendar years
(not more than 3) during which the
participant had the greatest aggregate
compensation from the employer. In the
case of an employee within the meaning
of section 401(c)(1) (that is, a selfemployed individual treated as an
employee), the preceding sentence is
applied by substituting for
‘‘compensation from the employer’’ the
following: ‘‘the participant’s earned
income (within the meaning of section
401(c)(2) but determined without regard
to any exclusion under section 911).’’
Section 415(c)(1) provides that
contributions and other additions with
respect to a participant exceed the
annual limitation for defined
contribution plans if, when expressed as
an annual addition (within the meaning
of section 415(c)(2)) to the participant’s
account, the participant’s annual
addition is greater than the lesser of
$40,000 (as adjusted in accordance with
section 415(d)(1)) or 100 percent of the
participant’s compensation. Section
415(c)(3) provides that the term
‘‘participant’s compensation’’ means the
compensation of the participant from
the employer for the year. Section
1.415(c)–2(a) of the Income Tax
Regulations generally provides that
compensation from the employer within
the meaning of section 415(c)(3)
includes all items of remuneration
described in § 1.415(c)–2(b), but
excludes the items of remuneration
described in § 1.415(c)–2(c).
Section 1.415(c)–2(b) generally
provides that, for purposes of applying
the limitations of section 415, the term
compensation means remuneration for
services. Specifically, under § 1.415(c)–
2(b)(1), compensation includes
E:\FR\FM\15NOP1.SGM
15NOP1
]]>Agencies
[Federal Register Volume 78, Number 221 (Friday, November 15, 2013)]
[Proposed Rules]
[Pages 68779-68780]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-27451]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-114122-12]
RIN 1545-BK96
Controlled Group Regulation Examples; Hearing Cancellation
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Cancellation of a notice of public hearing on proposed
rulemaking.
-----------------------------------------------------------------------
SUMMARY: This document cancels a public hearing on proposed regulations
that propose revisions to examples that illustrate the controlled group
rules related to regulated investment companies.
DATES: The public hearing originally scheduled for December 9, 2013 at
10 a.m. is cancelled.
FOR FURTHER INFORMATION CONTACT: Oluwafunmilayo Taylor of the
Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration) at (202) 317-
6901 (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 August 2,
2013 (78 FR 46851) announced that a public hearing was scheduled for
December 9, 2013, at 10 a.m. in the IRS Auditorium,
[[Page 68780]]
Internal Revenue Building, 1111 Constitution Avenue NW., Washington,
DC. The subject of the public hearing is under section 851(c) of the
Internal Revenue Code.
The public comment period for these regulations expired on October
31, 2013. The notice of proposed rulemaking 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 8, 2013, no one has requested to
speak. Therefore, the public hearing scheduled for December 9, 2013, is
cancelled.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2013-27451 Filed 11-14-13; 8:45 am]
BILLING CODE 4830-01-P
