[Federal Register Volume 61, Number 63 (Monday, April 1, 1996)]
[Rules and Regulations]
[Page 14248]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-7654]



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DEPARTMENT OF THE TREASURY
26 CFR Part 602

[TD 8618]
RIN 1545-AM15


Definition of a Controlled Foreign Corporation, Foreign Base 
Company Income and Foreign Personal Holding Company Income of a 
Controlled Foreign Corporation; Correction

AGENCY: Internal Revenue Service, Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains a correction to final regulations [TD 
8618] which were published in the Federal Register for Thursday, 
September 7, 1995 (60 FR 46500). The final regulations govern the 
definition of a controlled foreign corporation and the definitions of 
foreign base company income and foreign personal holding company income 
of a controlled foreign corporation.

EFFECTIVE DATE: September 7, 1995.

FOR FURTHER INFORMATION CONTACT: Valerie Mark, (202) 622-3840 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations which are the subject of this correction are 
under sections 954 and 957 of the Internal Revenue Code.

Need for Correction

    As published, TD 8618 contains an error that is in need of 
clarification.

Correction of Publication

    Accordingly, the publication of the final regulations which are the 
subject of FR Doc. 95-21838 is corrected as follows:


Sec. 602.101  [Corrected]

    On page 46530, column 3, under amendatory instruction 1. of ``Par. 
11.'', Sec. 602.101(c) is corrected in the table by removing the entry 
for ``Sec. 1.954A-2''.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 96-7654 Filed 3-29-96; 8:45 am]
BILLING CODE 4830-01-U