[Federal Register Volume 68, Number 112 (Wednesday, June 11, 2003)]
[Proposed Rules]
[Page 34874]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-14785]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-131478-02]
RIN 1545-BB25


Guidance Under Section 1502; Suspension of Losses on Certain 
Stock Dispositions

AGENCY: Internal Revenue Service (IRS), Treasury.

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

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SUMMARY: This document cancels a public hearing on proposed regulations 
under section 1502 of the Internal Revenue Code that redetermine the 
basis of stock of a subsidiary member of a consolidated group 
immediately prior to certain transfers of such stock.

DATES: The public hearing originally scheduled for June 20, 2003, at 10 
a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Sonya M. Cruse of the Regulations 
Unit, Associate Chief Counsel (Procedure and Administration), at (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 Friday, 
March 14, 2003, (68 FR 12324), announced that a public hearing was 
scheduled for June 20, 2003, at 10 a.m., in the auditorium, Internal 
Revenue Service Building, 1111 Constitution Avenue, NW., Washington, 
DC.
    The subject of the public hearing is proposed regulations under 
section 1502 of the Internal Revenue Code. The public comment period 
for these regulations expires on June 12, 2003. The outlines of oral 
testimony were due on May 30, 2003. 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 Friday, June 6, 2003, no one has 
requested to speak. Therefore, the public hearing scheduled for June 
20, 2003, is cancelled.

Cynthia E. Grigsby,
Chief, Regulations Unit, Associate Chief Counsel (Procedure and 
Administration).
[FR Doc. 03-14785 Filed 6-10-03; 8:45 am]
BILLING CODE 4830-01-P