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DEPARTMENT OF THE TREASURY

Internal Revenue Service

CFR Citation: 26 CFR Part 1

RIN ID: RIN 1545-BC18

REG ID: [REG-126459-03]

NOTICE: PROPOSED RULES

ACTION: Income taxes:

DOCUMENT ACTION: Cancellation of public hearing on proposed rulemaking.

SUBJECT CATEGORY: Changes in Computing Depreciation; Hearing Cancellation

DATES: The public hearing originally scheduled for April 7, 2004, at 10 a.m., is cancelled.

DOCUMENT SUMMARY: This document cancels a public hearing on a notice of proposed rulemaking under sections 446(e) and 1016(a)(2) of the Internal Revenue Code relating to a change in computing depreciation or amortization as well as a change from a nondepreciable or nonamortizable asset to a depreciable or amortizable asset (or vice versa).

SUMMARY: Computing depreciation changes; hearing cancellation,


SUPPLEMENTAL INFORMATION

A notice of proposed rulemaking; Notice of proposed rulemaking by crossreference to temporary regulations and notice of public hearing that appeared in the Federal Register on Friday, January 2, 2004, (69 FR 42), announced that a public hearing was scheduled for April 7, 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 sections 446(e) and 1016(a) of the Internal Revenue Code.

The public comment period for these regulations expired on March 17, 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 Wednesday, March 24, 2004, no one has requested to speak. Therefore, the public hearing scheduled for April 7, 2004, is cancelled.
Cynthia E. Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedures and Administration). [FR Doc. 046960 Filed 32904; 8:45 am]
BILLING CODE 483001M

FOR FURTHER INFORMATION CONTACT Sonya M. Cruse of the Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedures and Administration), at (202) 6224693 (not a tollfree number).


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