Bulletin No. 2001–4 January 22, 2001

regarding section 904(j). A public hearing is scheduled for April 26, 2001.

REG–106702–00, page 424. Proposed regulations under section 705 of the Code provide guidance for making basis adjustments necessary to coordinate sections 705 and 1032 of the Code in situations in which a corporation acquires an interest in a partnership that holds stock in that corporation. A public hearing is scheduled for May 3, 2001.

REG–251701–96, page 396. Proposed regulations under sections 641 and 1361 of the Code relate to the taxation of electing small business trusts (ESBTs). A public hearing is scheduled for April 25, 2001.