[Federal Register Volume 70, Number 91 (Thursday, May 12, 2005)]
[Proposed Rules]
[Pages 24999-25000]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-9422]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 301

[REG-159243-03]
RIN 1545-BC86


Residence and Source Rules Involving U.S. Possessions and Other 
Conforming Changes; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

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

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SUMMARY: This document corrects temporary regulations (REG-159243-03) 
that were published in the Federal Register on Monday, April 11, 2005 
(70 FR 18949). The document contains temporary regulations providing 
rules under section 937(a) of the Internal Revenue Code (Code) for 
determining whether an individual is a bona fide resident of the 
following U.S. possessions: American Samoa, Guam, the Northern Mariana 
Islands, Puerto Rico, and the United States Virgin Islands.

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking and notice of proposed rulemaking 
by cross-reference to temporary regulations (REG-159243-03) that is the 
subject of these corrections are under section 937 of the Internal 
Revenue Code.

Need for Correction

    As published, REG-159243-03 contain errors that may prove to be 
misleading and are in need of clarification.

List of Subjects

    Income taxes.

Correction of Publication

    Accordingly, the notice of proposed rulemaking and notice of 
proposed rulemaking by cross-reference to temporary regulations (REG-
159243-03), that was the subject of FR Doc. 05-7088, is corrected as 
follows:
    1. On page 18949, column 1, in the preamble under the caption 
SUMMARY, second paragraph, third line, the language ``sections 1, 876, 
881, 884, 931, 932, 933,'' is corrected to read, ``sections 876, 881, 
884, 931, 932, 933,''.

[[Page 25000]]

PART 1--INCOME TAXES

    Authority: 26 U.S.C. 7805 * * * Section 1. 935-1 also issued 
under 26 U.S.C. 7654(e). * * *


Sec.  1.934-1  [Corrected]

    2. On page 18951, column 2, Sec.  1.934-1, Par. 15, line 2, the 
language ``is amended as follows:'' is corrected to read ``as 
follows:''.


Sec.  1.935-1  [Corrected]

    3. On page 18951, column 3, Sec.  1.935-1, line 3, the language 
``through (3) is the same as the text of'' is corrected to read 
``through (a)(3) is the same as the text of''.
    4. On page 18952, column 3, in the signature block, the language 
``Deputy Commissioner for Services and'' is corrected to read ``Acting 
Deputy Commissioner for Services and''.

Cynthia Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel, (Procedures and Administration).
[FR Doc. 05-9422 Filed 5-11-05; 8:45 am]
BILLING CODE 4830-01-P