[Federal Register Volume 62, Number 83 (Wednesday, April 30, 1997)]
[Proposed Rules]
[Page 23408]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-11141]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-209817-96]
RIN 1545-AU19


Treatment of Obligation-Shifting Transactions; Hearing 
Cancellation

AGENCY: Internal Revenue Service, Treasury.

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

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SUMMARY: This document provides notice of cancellation of a public 
hearing on proposed regulations relating to the treatment of certain 
multiple-party financing transactions in which one party realizes 
income from leases or similar agreements and another party claims 
deductions related to that income.

DATES: The public hearing that was rescheduled for May 14, 1997, 
beginning at 10 a.m. is 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 hearing is 
proposed amendments to the Income Tax Regulations under section 7701 of 
the Internal Revenue Code. A notice, changing the date and location of 
the public hearing on the proposed rule, appearing in the Federal 
Register on Wednesday, February 5, 1997 (62 FR 5355), announced that 
the public hearing was rescheduled for Wednesday, May 14, 1997, 
beginning at 10 a.m., in room 2615, Internal Revenue Building, 1111 
Constitution Avenue, NW, Washington, DC 20224.
    The public hearing rescheduled for Wednesday, May 14, 1997, is 
cancelled.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 97-11141 Filed 4-29-97; 8:45 am]
BILLING CODE 4830-01-U