[Federal Register Volume 68, Number 161 (Wednesday, August 20, 2003)]
[Proposed Rules]
[Page 50087]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-21356]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-108676-03]
RIN 1545-BC00


Distributions of Interest in a Loss Corporation From Qualified 
Trust; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a notice of proposed rulemaking; by cross-
reference to temporary regulations and notice of public hearing.

-----------------------------------------------------------------------

SUMMARY: This document contains regulations under section 382 of the 
Internal Revenue Code of 1986. The proposed regulations affect loss 
corporations and provide guidance on whether a loss corporation has an 
ownership change where a qualified trust described in section 401(a) 
distributes an ownership interest in an entity.

FOR FURTHER INFORMATION CONTACT: Martin Huck at (202) 622-7750 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The proposed regulations that are the subject of these corrections 
are under section 382 of the Internal Revenue Code.

Need for Correction

    As published, this notice of proposed rulemaking by cross-reference 
to temporary regulations and notice of public hearing contains errors 
that may prove to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
by cross-reference to temporary regulations and notice of public 
hearing (REG-108676-03), which is the subject of FR. Doc. 03-16230, is 
corrected as follows:
    1. On page 38247, column 3, in the preamble, under the subject 
heading ADDRESSES, line 3, the language ``5226, Internal Revenue 
Service, POB'' is corrected to read ``5207, Internal Revenue Service, 
POB''.
    2. On page 38248, column 1, in the preamble, under the subject 
heading FOR FURTHER INFORMATION CONTACT, line 5, the language ``Treena 
Garrett, (202) 622-7180 (not toll-'' is corrected to read ``Treena 
Garrett, (202) 622-3401 (not toll-''.

LaNita Van Dyke,
Acting Chief, Regulations Unit, Associate Chief Counsel (Procedure and 
Administration).
[FR Doc. 03-21356 Filed 8-19-03; 8:45 am]
BILLING CODE 4830-01-P