[Federal Register Volume 61, Number 153 (Wednesday, August 7, 1996)] [Rules and Regulations] [Page 40993] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-20125] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 1, 31 and 602 [TD 8664] RIN 1545-AL99 Information Reporting and Backup Withholding; Correction AGENCY: Internal Revenue Service, Treasury. ACTION: Correction to final regulations. ----------------------------------------------------------------------- SUMMARY: This document contains corrections to final regulations [TD 8664] which were published in the Federal Register on Monday, April 22, 1996 (61 FR 17572). The final regulations provide rules regarding the reporting on Form 1042-S of certain bank deposit interest paid with respect to a United States bank account to an individual who is a nonresident alien of the United States and a resident of Canada. EFFECTIVE DATE: January 1, 1997. FOR FURTHER INFORMATION CONTACT: Teresa Burridge Hughes, (202) 622-3880 (not a toll-free number). SUPPLEMENTARY INFORMATION: Background The final regulations which are the subject of these corrections are under sections 3406 and 6049 of the Internal Revenue Code. Need for Correction As published, the final regulations (TD 8664) contain errors which may prove to be misleading and are in need of clarification. Correction of Publication Accordingly, the publication of final regulations (TD 8664), which are the subject of FR Doc. 96-9456 is corrected as follows: 1. On page 17572, column 3, in the preamble following the paragraph heading ``Paperwork Reduction Act'', the first line of the column, the language ``Washington DC 20224, and the Office of'' is corrected to read ``Washington, DC 20224, and the Office of''. 2. On page 17573, column 1, in the preamble following the paragraph heading ``B. Comments on Canadian Reporting Provisions'', the third paragraph, line 5, the language ``the Form 1042-S to be the transmittal'' is corrected to read ``the Form 1042 to be the transmittal''. PART 1--[CORRECTED] 3. On page 17573, column 2, in the authority citation, line 2, the language ``Sections 1.6049-4 also issued under 26'' is corrected to read ``Section 1.6049-4 also issued under 26''. Sec. 1.6049-6 [Corrected] 4. On page 17574, column 1, Sec. 1.6049-6(e)(4), the fourth line from the bottom of the paragraph, the language ``information on the Form is being'' is corrected to read ``information on the form is being''. Cynthia E. Grigsby, Chief, Regulations Unit, Assistant Chief Counsel (Corporate). [FR Doc. 96-20125 Filed 8-6-96; 8:45 am] BILLING CODE 4830-01-U