73 FR 139 pg. 41259 - Source Rules Involving U.S. Possessions and Other Conforming Changes; Correction
Type: RULEVolume: 73Number: 139Page: 41259
Docket number: [TD 9391]
FR document: [FR Doc. E8-16305 Filed 7-17-08; 8:45 am]
Agency: Treasury Department
Sub Agency: Internal Revenue Service
Official PDF Version: PDF Version
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9391]
RIN 1545-BF85
Source Rules Involving U.S. Possessions and Other Conforming Changes; Correction
AGENCY:
Internal Revenue Service (IRS), Treasury.
ACTION:
Correcting amendment.
SUMMARY:
This document contains a correction to final regulations (TD 9391) that were published in the Federal Register on Wednesday, April 9, 2008 (73 FR 19350) providing rules under section 937(b) of the Internal Revenue Code for determining whether income is derived from sources within a U.S. possession or territory specified in section 937(a)(1) (generally referred to in this preamble as a "territory") and whether income is effectively connected with the conduct of a trade or business within a territory.
DATES:
This correction is effective July 18, 2008, and is applicable on April 9, 2008.
FOR FURTHER INFORMATION CONTACT:
J. David Varley, (202) 622-7790 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations and removal of temporary regulations that are the subjects of this document are under sections 1, 170A, 861, 871, 876, 881, 884, 901, 931, 932, 933, 934, 935, 937,957, 1402, 6012, 6038, 6046, 6688, and 7701 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9391) contain an error that may prove to be misleading and is in need of clarification.
List of Subject in 26 CFR Part 1
Income taxes, Reporting and recordkeeping requirements.
Correction of Publication
Accordingly, 26 CFR part 1 is corrected by making the following correcting amendment:
PART 1-INCOME TAXES
Paragraph 1. The authority citation for part 1 continues to read, in part, as follows:
Authority:
26 U.S.C. 7805 * * *
§ 1.881-5T [Removed]
Par. 2. Section 1.881-5T is removed.
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. E8-16305 Filed 7-17-08; 8:45 am]
BILLING CODE 4830-01-P