[Federal Register Volume 71, Number 161 (Monday, August 21, 2006)]
[Rules and Regulations]
[Pages 48474-48475]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-13425]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9260]
RIN 1545-BF46


Application of Separate Limitations to Dividends From 
Noncontrolled Section 902 Corporations; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to temporary regulations.

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SUMMARY: This document contains corrections to temporary regulations 
that were published in the Federal Register on Tuesday, April 25, 2006 
(71 FR 24516) regarding the application of separate foreign tax credit 
limitations to dividends received from noncontrolled section 902 
corporations under section 904(d)(4).

DATES: These corrections are effective April 25, 2006.

FOR FURTHER INFORMATION CONTACT: Ginny Chung, (202) 622-3850 (not a 
toll-free call).

SUPPLEMENTARY INFORMATION:

Background

    The temporary regulations (TD 9260) that are the subject of this 
correction are under section 904 of the Internal Revenue Code.

[[Page 48475]]

Need for Correction

    As published, (TD 9260) contains errors that may prove to be 
misleading and are in need of clarification.

Correction of Publication

0
Accordingly, the publication of the temporary regulations (TD 9260) 
which was the subject of FR Doc. 06-3882, is corrected as follows:


Sec.  1.904-4  [Corrected]

0
1. On page 24530, column 2, Sec.  1.904-4, Instructional Par. 11., 
number 3, the language ``3. In paragraph (e)(5)(iii), remove the 
language ``and paragraph (9) of this section'' and add the language 
``paid in taxable years beginning before January 1, 2003'' in its 
place.'' is corrected to read ``3. In paragraph (e)(5)(iii), remove the 
language ``and paragraph (g) of this section'' and add the language 
``paid in taxable years beginning before January 1, 2003'' in its 
place.''

Guy R. Traynor,
Branch Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. E6-13425 Filed 8-18-06; 8:45 am]
BILLING CODE 4830-01-P