[Federal Register Volume 77, Number 239 (Wednesday, December 12, 2012)]
[Proposed Rules]
[Page 73965]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-29932]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-126770-06]
RIN 1545-BG07


Allocation of Costs Under the Simplified Methods; Hearing

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of public hearing on notice proposed rulemaking.

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SUMMARY: This document provides notice of public hearing on proposed 
regulations that provide guidance on allocating costs to certain 
property produced by the taxpayer or acquired by the taxpayer for 
resale.

DATES: The public hearing is being held on Monday, January 7, 2013, at 
10:00 a.m. The IRS must receive outlines of the topics to be discussed 
at the public hearing by Wednesday, December 19, 2012.

ADDRESSES: The public hearing is being held in the IRS Auditorium, 
Internal Revenue Service Building, 1111 Constitution Avenue NW., 
Washington, DC 20224. Due to building security procedures, visitors 
must enter at the Constitution Avenue entrance. In addition, all 
visitors must present photo identification to enter the building.
    Send Submissions to CC:PA:LPD:PR (REG-126770-06), room 5205, 
Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, 
Washington, DC 20044. Submissions may be hand-delivered Monday through 
Friday to CC:PA:LPD:PR (REG-126770-06), Couriers Desk, Internal Revenue 
Service, 1111 Constitution Avenue NW., Washington, DC or sent 
electronically via the Federal eRulemaking Portal at 
www.regulations.gov (REG-126770-06).

FOR FURTHER INFORMATION CONTACT: Concerning the regulations, 
Christopher Call at (202) 622-4940; concerning submissions of comments, 
the hearing and/or to be placed on the building access list to attend 
the hearing Oluwafunmilayo Taylor at (202) 622-7180 (not toll-free 
numbers).

SUPPLEMENTARY INFORMATION: 
    The subject of the public hearing is the notice of proposed 
rulemaking (REG-126770-06) that was published in the Federal Register 
on Wednesday, September 5, 2012 (77 FR 54482).
    The rules of 26 CFR 601.601(a)(3) apply to the hearing. Persons who 
wish to present oral comments at the hearing that submitted written 
comments by December 4, 2012, must submit an outline of the topics to 
be addressed and the amount of time to be denoted to each topic.
    A period of 10 minutes is allotted to each person for presenting 
oral comments. After the deadline for receiving outlines has passed, 
the IRS will prepare an agenda containing the schedule of speakers. 
Copies of the agenda will be made available, free of charge, at the 
hearing or in the Freedom of Information Reading Room (FOIA RR) (Room 
1621) which is located at the 11th and Pennsylvania Avenue NW., 
entrance, 1111 Constitution Avenue NW., Washington, DC.
    Because of access restrictions, the IRS will not admit visitors 
beyond the immediate entrance area more than 30 minutes before the 
hearing starts. For information about having your name placed on the 
building access list to attend the hearing, see the FOR FURTHER 
INFORMATION CONTACT section of this document.

LaNita VanDyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2012-29932 Filed 12-7-12; 11:15 am]
BILLING CODE 4830-01-P