[Federal Register Volume 63, Number 70 (Monday, April 13, 1998)]
[Proposed Rules]
[Pages 17973-17974]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-9569]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-115795-97]
RIN 1545-AV39


General Rules for Making and Maintaining Qualified Electing Fund 
Elections; 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 that provide guidance to a passive 
foreign investment company (PFIC) shareholder that makes the election 
under section 1295 to treat the PFIC as a qualified electing fund 
(QEF).

DATES: The public hearing originally scheduled for April 16, 1998, 
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

[[Page 17974]]

amendments to the Income Tax Regulations under sections 1291, 1293, 
1295 and 1297 of the Internal Revenue Code. A notice of proposed 
rulemaking by cross-reference to temporary regulations and notice of 
public hearing appearing in the Federal Register on Friday, anuary 2, 
1998, (63 FR 39), announced that a public hearing would be held on 
Thursday, April 16, 1998, beginning at 10 a.m., in room 3313, Internal 
Revenue Building, 1111 Constitution Avenue, NW, Washington, DC 20224.

    The public hearing scheduled for Thursday, April 16, 1998, is 
cancelled.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 98-9569 Filed 4-10-98; 8:45 am]
BILLING CODE 4830-01-P