[Federal Register Volume 65, Number 89 (Monday, May 8, 2000)]
[Proposed Rules]
[Page 26542]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-11343]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-116567-99]
RIN 1545-AX67


Definition of Hyperinflationary Currency for Purposes of Section 
988; Hearing Cancellation

AGENCY: Internal Revenue Service (IRS), 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 hyperinflationary currency 
for purposes of section 988.

DATES: The public hearing originally scheduled for Wednesday, May 17, 
2000, at 10 a.m., is canceled.

FOR FURTHER INFORMATION CONTACT: Guy Traynor of the Regulations Unit, 
Assistant Chief Counsel (Corporate), (202) 622-7180 (not a toll-free 
number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice 
of public hearing that appeared in the Federal Register on January 13, 
2000, (65 FR 2084), announced that a public hearing was scheduled for 
May 17, 2000 at 10 a.m., in room 2615, Internal Revenue Building, 1111 
Constitution Avenue NW., Washington, DC. The subject of the public 
hearing is proposed regulations under section 988, of the Internal 
Revenue Code. The deadline for requests to speak and outlines of oral 
comments expired on April 20, 2000.
    The notice of proposed rulemaking and notice of public hearing, 
instructed those interested in testifying at the public hearing to 
submit a request to speak and an outline of the topics to be addressed. 
As of April 24, 2000, no one has requested to speak. Therefore, the 
public hearing scheduled for May 17, 2000, is canceled.

Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 00-11343 Filed 5-5-00; 8:45 am]
BILLING CODE 4830-01-P