[Federal Register Volume 69, Number 94 (Friday, May 14, 2004)]
[Proposed Rules]
[Pages 26782-26783]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-11016]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-166012-02]
RIN 1545-BB82


National Principal Contracts; Contingent Nonperiodic Payments; 
Hearing Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

[[Page 26783]]


ACTION: Cancellation of public hearing on proposed rulemaking.

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SUMMARY: This document cancels a public hearing on a notice of proposed 
rulemaking under section 446(b) of the Internal Revenue Code relating 
to the inclusion into income or deduction of a contingent nonperiodic 
payment provided for under a notional principal contract (NPC).

DATES: The public hearing originally scheduled for May 25, 2004, at 10 
a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Sonya M. Cruse of the Publications and 
Regulations Branch, Legal Processing Division, Associate Chief Counsel 
(Procedures and Administration), at (202) 622-4693 (not a toll-free 
number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and notice 
of public hearing that appeared in the Federal Register on Thursday, 
February 26, 2004 (69 FR 8886), announced that a public hearing was 
scheduled for May 25, 2004, at 10 a.m., in the auditorium, Internal 
Revenue Service Building, 1111 Constitution Avenue, NW., Washington, 
DC. The subject of the public hearing is under section 446(e) of the 
Internal Revenue Code.
    The public comment period for these regulations expired on May 4, 
2004. The notice of proposed rulemaking 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, May 7, 2004, no 
one has requested to speak. Therefore, the public hearing scheduled for 
May 25, 2004, is cancelled.

Cynthia E. Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedures and Administration).
[FR Doc. 04-11016 Filed 5-13-04; 8:45 am]
BILLING CODE 4830-01-P