[Federal Register Volume 61, Number 126 (Friday, June 28, 1996)]
[Rules and Regulations]
[Pages 33656-33657]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-16171]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 8670]
RIN 1545-AU20


Revision of Section 482 Cost Sharing Regulations; Correction

AGENCY: Internal Revenue Service, Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains corrections to final regulations (TD 
8670), which were published in the Federal Register on Monday, May 13, 
1996 (61 FR 21955) relating to qualified cost sharing arrangements.

EFFECTIVE DATE: May 13, 1996.

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

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of these corrections are 
under section 482 of the Internal Revenue Code.

Need for Correction

    As published, the final regulations contain errors which may prove 
to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulations (TD 8670), 
which are the subject of FR Doc. 96-11781, is corrected as follows:


Sec. 1.482-7  [Corrected]

    On page 21956, column 2, instructional ``Par. 3.'', is corrected by 
revising item g. to read as follows:
    g. By redesignating the introductory text of paragraph (j)(2) 
following the heading and paragraphs (j)(2)(i) through (j)(2)(v) as the 
introductory text of paragraph (j)(2)(i) and paragraphs (j)(2)(i)(A) 
through (j)(2)(i)(E),

[[Page 33657]]

respectively; and, by adding a heading to newly designated paragraph 
(j)(2)(i).
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 96-16171 Filed 6-27-96; 8:45 am]
BILLING CODE 4830-01-P