[Federal Register Volume 70, Number 124 (Wednesday, June 29, 2005)]
[Rules and Regulations]
[Page 37258]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-12757]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9207]
RIN 1545-AX93


Assumption of Partner Liabilities; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document corrects final regulation (TD 9207) that were 
published in the Federal Register on Thursday, May 26, 2005 (70 FR 
30334). The final regulation relates to the definition of liabilities 
under section 752 of the Internal Revenue Code.

DATES: This correction is effective on May 26, 2005.

FOR FURTHER INFORMATION CONTACT: Laura Fields (202) 622-3050 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final regulations (TD 9207) that is the subject of this 
correction are under sections 358, 704, 705, 737 and 752 of the 
Internal Revenue Code.

Need for Correction

    As published, TD 9207 contains an error that may prove to be 
misleading and is in need of clarification.

Correction of Publication

0
Accordingly, the publication of the final regulations (TD 9207), that 
was the subject of FR Doc. 05-10266, is corrected as follows:
0
On page 30337, column 3, that paragraph heading ``4. Section 752-7 
Liability'', the language ``4. Section 752-7 Liability'' is corrected 
to read ``4. Section 1.752-7 Liability''.

Cynthia Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 05-12757 Filed 6-28-05; 8:45 am]
BILLING CODE 4830-01-M