[Federal Register Volume 62, Number 53 (Wednesday, March 19, 1997)]
[Proposed Rules]
[Page 12981]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6891]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-249819-96, REG-209762-95]
RIN 1545-AU67, 1545-AT32


Reorganizations; Receipt of Securities and Allocations of 
Depreciation Recapture Among Partners in a Partnership; Hearing 
Cancellation

AGENCY: Internal Revenue Service, Treasury.

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

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SUMMARY: This document provides notice of cancellation of public 
hearings on proposed regulations relating to the receipt, as part of a 
reorganization, of rights to acquire stock of a corporation that is a 
party to the reorganization and the allocation of depreciation 
recapture among partners in a partnership.

DATES: The public hearings originally scheduled for March 25, 1997, and 
March 27, 1997, respectively, beginning at 10 a.m., are cancelled.

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

SUPPLEMENTARY INFORMATION: The subject of the public hearings is 
proposed amendments to the Income Tax Regulations under sections 354, 
355, 356, 704 and 1245 of the Internal Revenue Code. A notice of public 
hearing appearing in the Federal Register on Monday, December 23, 1996 
(61 FR 67508) and Thursday, December 12, 1996 (61 FR 65371), announced 
that a public hearing would be held on Tuesday, March 25, 1997, and 
Thursday, March 27, 1997, beginning at 10 a.m., in room 3313, Internal 
Revenue Building, 1111 Constitution Avenue, NW, Washington, DC 20224.
    The public hearings scheduled for Tuesday, March 25, 1997, and 
Thursday, March 27, 1997, respectively, are cancelled.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 97-6891 Filed 3-18-97; 8:45 am]
BILLING CODE 4830-01-U