[Federal Register Volume 68, Number 243 (Thursday, December 18, 2003)]
[Proposed Rules]
[Page 70482]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-31163]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-136890-02]
RIN 1545-BA90


Transfers To Provide for Satisfaction of Contested Liabilities; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking by cross-reference 
to temporary regulations.

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SUMMARY: This document contains a correction to a notice of proposed 
rulemaking by cross-reference to temporary regulations relating to the 
transfer of indebtedness or stock of a taxpayer or related persons or 
of a promise to provide services or property in the future to provide 
for the satisfaction of an asserted liability that the taxpayer is 
contesting.

FOR FURTHER INFORMATION CONTACT: Norma Rotunno (202) 622-7900 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The proposed rulemaking by cross-reference to temporary regulations 
that are the subject of this correction are under section 461(f) of the 
Internal Revenue Code.

Need for Correction

    As published, the proposed rulemaking by cross-reference to 
temporary regulations (REG-136890-02), contains an error that may prove 
to be misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of the proposed rulemaking by cross-
reference to temporary regulations (REG-136890-02), which is the 
subject of FR. Doc. 03-29043, is corrected as follows:
    1. On page 65646, column 1, in the preamble, under the subject 
heading ``Comments and Public Hearing'', paragraph 3, line 8, the 
language ``March 2, 2003. A period of 10 minutes'' is corrected to read 
``March 2, 2004. A period of 10 minutes''.

Cynthia E. Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedures and Administration).
[FR Doc. 03-31163 Filed 12-17-03; 8:45 am]
BILLING CODE 4830-01-U