80 FR 193 pg. 60293 - Controlled Group Regulation Examples; Correction
Type: RULEVolume: 80Number: 193Page: 60293
Page: 60293Docket number: [TD 9737]
FR document: [FR Doc. 2015-25355 Filed 10-5-15; 8:45 am]
Agency: Treasury Department
Sub Agency: Internal Revenue Service
Official PDF Version: PDF Version
[top]
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9737]
RIN 1545-BK96
Controlled Group Regulation Examples; Correction
AGENCY:
Internal Revenue Service (IRS), Treasury.
ACTION:
Final regulations; correction.
SUMMARY:
This document contains corrections to final regulations (TD 9737) that were published in the Federal Register on Tuesday, September 15, 2015 (80 FR 55243). The final rules are with revisions to examples that illustrate the controlled group rules applicable to regulated investment companies (RICs).
DATES:
This correction is effective October 6, 2015 and applicable September 15, 2015.
FOR FURTHER INFORMATION CONTACT:
Julanne Allen at (202) 317-6945 or Susan Baker at (202) 317-7053 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulation (TD 9737) that is the subject of this correction is under section 851(c) of the Internal Revenue Code.
Need for Correction
As published, the final regulation (TD 9737) contains errors that may prove to be misleading and are in need of clarification.
Correction of Publication
Accordingly, the final regulation (TD 9737), that is the subject of FR Rule Doc. 2015-23137, published September 15, 2015 (80 FR 55243), is corrected as follows:
1. On page 55243, in the preamble, third column, under section heading " 1. Fund of Funds, second line from the bottom of the first full paragraph, "a Lower RIC have different quarter end" is corrected to read "a Lower RIC have different quarter-end".
2. On page 55245, in the preamble, first column, fifth line from the bottom of the first full paragraph, "test in section 851(b)(3)(ii); and " is corrected to read "851(b)(3)(B)(ii)".
3. On page 55245, in the preamble, first column, first line from the bottom of the first full paragraph, "in section 851(b)(3)(iii)." is corrected to read "in section 851(b)(3)(B)(iii)."
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2015-25355 Filed 10-5-15; 8:45 am]
BILLING CODE 4830-01-P