[Federal Register Volume 62, Number 74 (Thursday, April 17, 1997)]
[Proposed Rules]
[Page 18730]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-9978]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-208288-90]
RIN 1545-AP36


Filing Requirements for Returns Claiming the Foreign Tax Credit; 
Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on proposed rulemaking.

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SUMMARY: This document announces a hearing on proposed regulations 
published on January 13, 1997, which relates to the substantiation 
requirements for taxpayers claiming foreign tax credits.

DATES: The public hearing will be held on Wednesday, June 18, 1997, 
beginning at 10 a.m. Requests to speak and outlines of oral comments 
must be received by Monday, May 19, 1997.

ADDRESSES: The public hearing will be held in Room 3313, Internal 
Revenue Building, 1111 Constitution Avenue, NW, Washington, DC 20044. 
Requests to speak and outlines of oral comments should be mailed to the 
Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Attn: 
CC:DOM:CORP:R [REG-208288-90], Room 5226, Washington, DC, 20044.

FOR FURTHER INFORMATION CONTACT: Evangelista Lee 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 amendments to the Income Tax Regulations under section 905 of 
the Internal Revenue Code. The proposed regulations appeared in the 
Federal Register for Monday, January 13, 1997 (62 FR 1700).
    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, May 19, 1997, 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 
answer thereto.
    Because of controlled access restrictions, attenders 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. 97-9978 Filed 4-16-97; 8:45 am]
BILLING CODE 4830-01-U