[Federal Register Volume 71, Number 164 (Thursday, August 24, 2006)]
[Rules and Regulations]
[Page 49992]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-14005]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9263]
RIN 1545-BE33


Income Attributable to Domestic Production Activities; Correction 
Notice

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Final regulations; correction notice.

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SUMMARY: This document contains corrections to final regulations that 
were published in the Federal Register on Thursday, June 1, 2006 (71 FR 
31268) concerning the deduction for income attributable to domestic 
production activities under section 199.

DATES: These corrections are effective June 1, 2006.

FOR FURTHER INFORMATION CONTACT: Concerning Sec.  1.199-1, 1.199-3, 
1.199-6, and 1.199-8, Paul Handleman or Lauren Ross Taylor, (202) 622-
3040; concerning Sec.  1.199-2, Alfred Kelley, (202) 622-6040; 
concerning Sec.  1.199-4(c) and (d), Richard Chewning, (202) 622-3850; 
concerning all other provisions of Sec.  1.199-4, Jeffery Mitchell, 
(202) 622-4970; concerning Sec.  1.199-7, Ken Cohen, (202) 622-7790; 
concerning Sec.  1.199-9, Martin Schaffer, (202) 622-3080 (not toll-
free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9263) that are the subject of these 
corrections are under section 199 of the Internal Revenue Code.

Need for Correction

    As published, final regulations (TD 9263) contains errors that may 
prove to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the final regulations (TD 9263), that was the subject 
of FR Doc. 06-4829, is corrected as follows:
    1. On page 31270, column 3, in the preamble, under the paragraph 
heading ``Wage Limitation'', first paragraph, line 6, the language 
``2006-22 (2006-22 I.R.B.) has been'' is corrected to read ``2006-22 
(2006-23 I.R.B. 1033) has been''.
    2. On page 31274, column 3, in the preamble, under the paragraph 
heading ``Derived From a Lease, Rental, License, Sale, Exchange, or 
Other Disposition'', first paragraph of the column, line 10 from the 
bottom of the paragraph, the language ``(3)(l)(1), the preamble example 
is not'' is corrected to read ``(3)(i)(1), the preamble example is 
not''.
    3. On page 31278, column 1, in the preamble, under the paragraph 
heading ``Construction of Real Property'', first full paragraph of the 
column, line 4, the language ``exception of Sec.  1.199-3(1)(5)(ii)'' 
is corrected to read ``exception of Sec.  1.199-3(l)(5)(ii) of the 
proposed regulations''.
    4. On page 31281, column 1, in the preamble, under the paragraph 
heading ``Pass-Thru Entities'', first paragraph of the column, line 26 
from the top of the paragraph, the language ``members (and vice versa) 
for attribution'' is corrected to read ``members for attribution''.
    5. On page 31282, column 2, in the preamble, under the paragraph 
heading ``Effective Date'', paragraph 2, line 10 from the top of the 
paragraph, the language ``(of this chapter) for a taxable year'' is 
corrected to read ``for a taxable year''.

LaNita Van Dyke,
Acting Branch Chief, Publications and Regulations Branch, Legal 
Processing Division, Associate Chief Counsel (Procedure and 
Administration).
 [FR Doc. E6-14005 Filed 8-23-06; 8:45 am]
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