[Federal Register Volume 88, Number 205 (Wednesday, October 25, 2023)]
[Proposed Rules]
[Pages 73300-73301]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-23624]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1, 31, and 301

[REG-122793-19]
RIN 1545-BP71


Gross Proceeds and Basis Reporting by Brokers and Determination 
of Amount Realized and Basis for Digital Asset Transactions

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of proposed rulemaking; extension of comment period.

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SUMMARY: This document extends the comment period for a notice of

[[Page 73301]]

proposed rulemaking (REG-122793-19) that was published in the Federal 
Register on Tuesday, August 29, 2023. The proposed regulations relate 
to information reporting, the determination of amount realized and 
basis, and backup withholding, for certain digital asset sales and 
exchanges.

DATES: The comment period for written or electronic comments for the 
notice of proposed rulemaking published on August 29, 2023 (88 FR 
59576) is extended from October 30, 2023, to November 13, 2023.

ADDRESSES: Commenters are strongly encouraged to submit public comments 
electronically. Submit electronic submissions via the Federal 
eRulemaking Portal at www.regulations.gov (indicate IRS and REG-122793-
19) by following the online instructions for submitting comments. Once 
submitted to the Federal eRulemaking Portal, comments cannot be edited 
or withdrawn. The Department of the Treasury (Treasury Department) and 
the IRS will publish any comments submitted electronically or on paper 
to the public docket. Send paper submissions to: CC:PA:01:PR (REG-
122793-19), Room 5203, Internal Revenue Service, P.O. Box 7604, Ben 
Franklin Station, Washington, DC 20044. Submissions may be hand-
delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. 
to CC:PA:01:PR (REG-122793-19), Courier's Desk, Internal Revenue 
Service, 1111 Constitution Avenue NW, Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations 
under sections 1001 and 1012, Kyle Walker, (202) 317-4718, or Harith 
Razaa, (202) 317-7006, of the Office of the Associate Chief Counsel 
(Income Tax and Accounting); concerning the international sections of 
the proposed regulations under sections 3406 and 6045, John Sweeney or 
Alan Williams of the Office of the Associate Chief Counsel 
(International) at (202) 317-6933, and concerning the remainder of the 
proposed regulations under sections 3406, 6045, 6045A, 6045B, 6050W, 
6721, and 6722, Roseann Cutrone of the Office of the Associate Chief 
Counsel (Procedure and Administration) at (202) 317-5436 (not toll-free 
numbers). Concerning submissions of comments and requests to 
participate in the public hearing, Vivian Hayes at 
<a href="/cdn-cgi/l/email-protection#a6d6d3c4cacfc5cec3c7d4cfc8c1d5e6cfd4d588c1c9d0"><span class="__cf_email__" data-cfemail="aadadfc8c6c3c9c2cfcbd8c3c4cdd9eac3d8d984cdc5dc">[email protected]</span></a> (preferred) or at (202) 317-6901 (not a toll-
free number).

SUPPLEMENTARY INFORMATION: A notice of proposed rulemaking and request 
for comments that appeared in the Federal Register on Tuesday, August 
29, 2023 (88 FR 59576) announced that written or electronic comments 
must be received by October 30, 2023. Due to strong public interest, 
the due date to receive comments has been extended to Monday, November 
13, 2023. The public hearing has not been extended and is still 
scheduled for November 7, 2023, at 10 a.m. ET. If the number of 
requests to speak at the hearing exceeds the number that can be 
accommodated in one day, a second public hearing date for this proposed 
regulation will be held on November 8, 2023. Requests to speak at the 
public hearing must be made by email to <a href="/cdn-cgi/l/email-protection#98e8edfaf4f1fbf0fdf9eaf1f6ffebd8f1eaebb6fff7ee"><span class="__cf_email__" data-cfemail="93e3e6f1fffaf0fbf6f2e1fafdf4e0d3fae1e0bdf4fce5">[email protected]</span></a> and 
still must be received by October 30, 2023. Persons who wish to present 
oral comments at the public hearing must submit written or electronic 
comments and an outline of the topics to be discussed as well as the 
time to be devoted to each topic, not to exceed ten minutes in total, 
by October 30, 2023.

Oluwafunmilayo A. Taylor,
Section Chief, Publications and Regulations, Associate Chief Counsel, 
(Procedure & Administration).
[FR Doc. 2023-23624 Filed 10-24-23; 8:45 am]
BILLING CODE 4830-01-P


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