[Federal Register Volume 60, Number 74 (Tuesday, April 18, 1995)] [Proposed Rules] [Page 19387] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 95-9542] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [FI-43-94] RIN 1545-AS87 Netting Rule for Certain Conversion Transactions; Hearing Cancellation AGENCY: Internal Revenue Service, Treasury. ACTION: Cancellation of notice of public hearing on proposed regulations. ----------------------------------------------------------------------- SUMMARY: This document provides notice of cancellation of a public hearing on proposed regulations relating to the amount of gain from a conversion transaction position that is subject to recharacterization as ordinary income. DATES: The public hearing originally scheduled for Tuesday, April 25, 1995, beginning at 10 a.m. is cancelled. FOR FURTHER INFORMATION CONTACT: Mike Slaughter of the Regulations Unit, Assistant Chief Counsel (Corporate), (202) 622-7190, (not a toll- free number). SUPPLEMENTARY INFORMATION: The subject of the public hearing is proposed regulations under section 1258(a) of the Internal Revenue Code of 1986. A notice of proposed rulemaking and notice of public hearing appearing in the Federal Register for Tuesday, December 27, 1994 (59 FR 66498), announced that the public hearing on proposed regulations under section 1258(a) of the Internal Revenue Code of 1986 would be held on Tuesday, April 25, 1995, beginning at 10 a.m., in the IRS Auditorium Internal Revenue Building, 1111 Constitution Avenue NW., Washington, D.C. The public hearing scheduled for Tuesday, April 25, 1995, is cancelled. Cynthia E. Grigsby, Chief, Regulations Unit, Assistant Chief Counsel (Corporate). [FR Doc. 95-9542 Filed 4-17-95; 8:45 am] BILLING CODE 4830-01-P