IRS Cancels Hearing on Proposed Regs on Accounting Methods
REG-106917-99; 66 F.R. 49576-49577
- Institutional AuthorsInternal Revenue Service
- Cross-Reference
- Code Sections
- Subject Area/Tax Topics
- Index Termsaccounting period, income computationaccounting period, changepartnerships, year of inclusionS corporations, year of inclusionforeign firms, tax year
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2001-25009 (2 original pages)
- Tax Analysts Electronic Citation2001 TNT 195-122
=============== SUMMARY ===============
The IRS has canceled the October 2, 2001, public hearing on the proposed regulations (REG-106917-99) under sections 441, 442, 706, and 1378 that clarify the rules and procedures for adopting, changing, and retaining a taxpayer's annual accounting period. (For a summary of REG-106917-99, see Tax Notes, June 18, 2001, p. 1984; for the full text, see Doc 2001-16760 (19 original pages) [PDF] or 2001 TNT 117-15 .)
This document appeared in TNT as 2001 TNT 189-15 and in the AccServ & Microfiche as Doc 2001-25014 (2 original pages) [PDF].
=============== FULL TEXT ===============
[4830-01-p]
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1, 5c, 5f, 18, and 301
[REG-106917-99]
RIN 1545-AX15
[1] AGENCY: Internal Revenue Service (IRS), Treasury.
[2] ACTION: Cancellation of notice of public hearing on proposed rulemaking.
[3] SUMMARY: This document provides notice of cancellation of a public hearing on proposed regulations under sections 441, 442, 706, 898, and 1378 of the Internal Revenue Code of 1986 that relate to certain adoptions, changes, and retentions of annual accounting periods.
[4] DATES: The public hearing originally scheduled for October 2, 2001, at 10 a.m., is cancelled.
[5] FOR FURTHER INFORMATION CONTACT: Treena Garrett of the Regulations Unit, Associate Chief Counsel (Income Tax and Accounting), (202) 622-7180 (not a toll-free number).
SUPPLEMENTARY INFORMATION
[6] A notice of proposed rulemaking and notice of public hearing that appeared in the Federal Register on June 13, 2001, (66 FR 31850), announced that a public hearing was scheduled for October 2, 2001, 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 sections 441, 442, 706, 898, and 1378 of the Internal Revenue Code. The public comment period for these proposed regulations expired on September 11, 2001.
[7] 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 September 24, 2001, no one has requested to speak. Therefore, the public hearing scheduled for October 2, 2001, is cancelled.
Cynthia E. Grigsby
Chief, Regulations Unit
Associate Chief Counsel
(Income Tax and Accounting)
- Institutional AuthorsInternal Revenue Service
- Cross-Reference
- Code Sections
- Subject Area/Tax Topics
- Index Termsaccounting period, income computationaccounting period, changepartnerships, year of inclusionS corporations, year of inclusionforeign firms, tax year
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2001-25009 (2 original pages)
- Tax Analysts Electronic Citation2001 TNT 195-122