[Federal Register Volume 66, Number 55 (Wednesday, March 21, 2001)]
[Proposed Rules]
[Page 15820]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-6479]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-104683-00]
RIN 1545-AX88


Application of Section 904 to Income Subject to Separate 
Limitations and Computation of Deemed-Paid Credit Under Section 902; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Corrections to notice of proposed rulemaking and notice of 
public hearing.

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SUMMARY: This document contains corrections to a notice of proposed 
rulemaking and notice of public hearing that was published in the 
Federal Register on Wednesday, January 3, 2001 (66 FR 319), relating to 
the application of section 904 to income subject to separate 
limitations and computation of deemed-paid credit under section 902.

FOR FURTHER INFORMATION CONTACT: Bethany A. Ingwalson (202) 622-3850 
(not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking and notice of public hearing that 
is the subject of these corrections is under sections 902 and 904 of 
the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking and notice of ublic 
hearing (REG-104683-00), contains errors that may be misleading and are 
in need of clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
and notice of public hearing (REG-104683-00), which is the subject of 
FR Doc. 00-32478 is corrected as follows:
    1. On page 319, column 2, in the preamble under the caption 
ADDRESSES, line 9, the language ``(REG-106409-00), Courier's Desk,'' is 
corrected to read ``(REG-104683-00), Courier's Desk,''.


Sec. 1.904(b)-1   [Corrected].

    2. On page 331, column 3, Sec. 1.904(b)-1(f), paragraph (i) of 
Example 1., line 4 from the bottom of the paragraph, the language 
``would have been subject to tax a rate of 20'' is corrected to read 
``would have been subject to tax at a rate of 20''.

Cynthia E. Grigsby,
Chief, Regulations Unit, Office of Special Counsel (Modernization & 
Strategic Planning).
[FR Doc. 01-6479 Filed 3-20-01; 8:45 am]
BILLING CODE 4830-01-P