Allocation of Loss With Respect to Stock and Other Personal Property; Hearing Cancellation

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-106905-98]

RIN 1545-AW09

Allocation of Loss With Respect to Stock and Other Personal

Property; Hearing Cancellation

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Cancellation of notice of public hearing on proposed

rulemaking.

-----------------------------------------------------------------------

SUMMARY: This document provides notice of cancellation of a public

hearing on proposed regulations relating to the allocation of loss

recognized on the disposition of stock and other personal property.

DATES: The public hearing originally scheduled for Wednesday, May 26,

1999, at 10 a.m., is cancelled.

FOR FURTHER INFORMATION CONTACT: Michael L. Slaughter of the

Regulations Unit, Assistant Chief Counsel (Corporate), (202) 622-7180

(not a toll-free number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking; notice of

proposed rulemaking by cross-reference to temporary regulations; and

notice of public hearing that appeared in the Federal Register on

Monday, January 11, 1999 (64 FR 1571), announced that a public hearing

was scheduled for

[[Page 26349]]

Wednesday, May 26, 1999, 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 sections 861 and 865

of the Internal Revenue Code. The public comment period for these

proposed regulations expired on Wednesday, May 5, 1999. The outlines of

topics to be addressed at the hearing were due on Wednesday, May 5,

1999.

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 May 10, 1999, no one has requested to speak. Therefore, the

public hearing scheduled for Wednesday, May 26, 1999, is cancelled.

Michael L. Slaughter,

Acting Chief, Regulations Unit, Assistant Chief Counsel (Corporate).

[FR Doc. 99-12167 Filed 5-13-99; 8:45 am]

BILLING CODE 4830-01-P