[Federal Register Volume 71, Number 125 (Thursday, June 29, 2006)]
[Proposed Rules]
[Page 37019]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-10250]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-111578-06]
RIN 1545-BF56


Computer Software Under Section 199(c)(5)(B); 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 corrects a notice of proposed rulemaking by 
cross-reference to temporary regulations (REG-111578-06) that was 
published in the Federal Register on Thursday, June 1, 2006 (71 FR 
31128). The document contains temporary regulations concerning the 
application of section 199 of the Internal Revenue Code, which provides 
a deduction for income attributable to domestic production activities, 
to certain transactions involving computer software.

FOR FURTHER INFORMATION CONTACT: Paul Handleman or Lauren Ross Taylor, 
(202) 622-3040 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking by cross-reference to temporary 
regulations (REG-111578-06) that is the subject of this correction is 
under section 199 of the Internal Revenue Code.

Need for Correction

    As published, REG-111578-06 contains an error that may prove to be 
misleading and is in need of clarification.

Correction of Publication

    Accordingly, the notice of proposed rulemaking by cross-reference 
to temporary regulations (REG-111578-06), that was the subject of FR 
Doc. 06-4827, is corrected as follows:
    On page 31129, column 1, in the signature block, the language 
``Mark E. Mathews,'' is corrected to read ``Mark E. Matthews, ''.

Guy R. Traynor,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
 [FR Doc. E6-10250 Filed 6-28-06; 8:45 am]
BILLING CODE 4830-01-P