[Federal Register Volume 71, Number 29 (Monday, February 13, 2006)]
[Proposed Rules]
[Page 7453]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-1926]



[[Page 7453]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-144620-04]
RIN 1545-BD70


Partner's Distributive Share; 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 cancels a public hearing on proposed regulations 
that provides rules for testing the substantiality of an allocation 
under section 704(b) where the partners are look-through entities or 
members of a consolidated group.

DATES: The public hearing originally scheduled for February 15, 2006, 
at 10 a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Robin R. Jones of the Publications and 
Regulations Branch, Legal Processing Division, 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, 
November 18, 2005 (70 FR 69919) announced that a public hearing was 
scheduled for February, 15, 2006, at 10 a.m., in the IRS Auditorium, 
Internal Revenue Service Building, 1111 Constitution Avenue, NW., 
Washington, DC. The subject of the public hearing is under section 
704(b) of the Internal Revenue Code. The public comment period for 
these regulations expired on January 25, 2006.
    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 Tuesday, February 7, 2006, no one has requested to speak. 
Therefore, the public hearing scheduled for February 15, 2006, is 
cancelled.

LaNita VanDyke,
Federal Register Liaison Officer, Legal Processing Division, Associate 
Chief Counsel, (Procedure and Administration).
[FR Doc. E6-1926 Filed 2-10-06; 8:45 am]
BILLING CODE 4830-01-P