[Federal Register Volume 59, Number 55 (Tuesday, March 22, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-6584]


[[Page Unknown]]

[Federal Register: March 22, 1994]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[EE-61-93]
RIN 1545-AS23

 

Disallowance of Deduction for Employee Remuneration in Excess of 
$1,000,000; Hearing

AGENCY: Internal Revenue Service, Treasury.

ACTION: Notice of public hearing on proposed regulations.

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SUMMARY: This document provides notice of a public hearing on proposed 
regulations relating to the disallowance of deductions for employee 
remuneration in excess of $1,000,000.

DATES: The public hearing will be held on Monday, May 9, 1994. Requests 
to speak and outlines of oral comments must be received by Monday, 
April 18, 1994.

ADDRESSES: The public hearing will be held in the Internal Revenue 
Service Auditorium, Seventh Floor, 7400 Corridor, Internal Revenue 
Building, 1111 Constitution Avenue, NW., Washington, DC. Requests to 
speak and outlines of oral comments should be submitted to the Internal 
Revenue Service, P.O. Box 7604, Ben Franklin Station, Attn: 
CC:DOM:CORP:T:R [EE-61-93], room 5228, Washington, DC 20044.

FOR FURTHER INFORMATION CONTACT: Mike Slaughter of the Regulations 
Unit, Assistant Chief Counsel (Corporate), (202) 622-7190, (not a toll-
free number).

SUPPLEMENTARY INFORMATION: The subject of the public hearing is 
proposed regulations under section 162(m) of the Internal Revenue Code 
of 1986. The proposed regulations appeared in the Federal Register on 
Monday, December 20, 1993 (58 FR 66310).
    The rules of Sec. 601.601(a)(3) of the ``Statement of Procedural 
Rules'' (26 CFR part 601) shall apply with respect to the public 
hearing. Persons who have submitted written comments within the time 
prescribed in the notice of proposed rulemaking and who also desire to 
present oral comments at the hearing on the proposed regulations should 
submit not later than Monday, April 18, 1994, an outline of the oral 
comments/testimony to be presented at the hearing and the time they 
wish to devote to each subject.
    Each speaker (or group of speakers representing a single entity) 
will be limited to 10 minutes for an oral presentation exclusive of the 
time consumed by the questions from the panel for the government and 
answers to these questions.
    Because of controlled access restrictions, attendees cannot be 
admitted beyond the lobby of the Internal Revenue Building until 9:45 
a.m.
    An agenda showing the scheduling of the speakers will be made after 
outlines are received from the persons testifying. Copies of the agenda 
will be available free of charge at the hearing.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 94-6584 Filed 3-21-94; 8:45 am]
BILLING CODE 4830-01-P