[Federal Register Volume 59, Number 175 (Monday, September 12, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-22425]


[[Page Unknown]]

[Federal Register: September 12, 1994]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[INTL-6-90]
RIN 1545-AN87

 

Limitation on Use of Deconsolidation To Avoid Foreign Tax Credit; 
Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on proposed regulations.

-----------------------------------------------------------------------

SUMMARY: This document contains notice of a public hearing on proposed 
regulations relating to certain limitations on the amount of the 
foreign tax credit.

DATES: The public hearing will be held on Monday, October 17, 1994, 
beginning at 10:00 a.m. Requests to speak and outlines of oral comments 
must be received by Monday, October 3, 1994.

ADDRESSES: The public hearing will be held in room 3718, Internal 
Revenue Service Building, 1111 Constitution Avenue, NW, Washington, DC. 
Requests to speak and outlines of oral comments should be submitted to: 
Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Attn: 
CC:DOM:CORP:T:R, [INTL-6-90], room 5228, Washington, DC 20044 or hand-
delivered between the hours of 8:00 a.m. and 5:00 p.m. to: 
CC:DOM:CORP:T:R [INTL-6-90], Courier's Desk, Internal Revenue Service, 
1111 Constitution Avenue, NW, Washington, DC.

FOR FURTHER INFORMATION CONTACT: Carol Savage of the Regulations Unit, 
Assistant Chief Counsel (Corporate), (202) 622-8452 or (202) 622-7190 
(not toll-free numbers).

SUPPLEMENTARY INFORMATION: The subject of the public hearing is 
proposed regulations under section 904 of the Internal Revenue Code. 
The proposed regulations appeared in the Federal Register for Tuesday, 
May 17, 1994, at page 25584 (59 FR 25584).
    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, October 3, 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 questions from the panel for the government and 
answers to these questions.
    Because of controlled access restrictions, attenders cannot be 
permitted beyond the lobby of the Internal Revenue Service 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. 94-22425 Filed 9-9-94; 8:45 am]
BILLING CODE 4830-01-P