[Federal Register Volume 71, Number 179 (Friday, September 15, 2006)]
[Proposed Rules]
[Page 54452]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-15303]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-112994-06]
RIN 1545-BF47


Guidance Under Section 7874 Regarding Expatriated Entities and 
Their Foreign Parents; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of proposed rulemaking by cross-reference to temporary 
regulations and notice of public hearing; correction.

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SUMMARY: This document contains corrections to a correction to notice 
of proposed rulemaking by cross-reference to temporary regulations and 
notice of public hearing that was published in the Federal Register on 
Wednesday, August 16, 2006 (71 FR 47158) relating to the determination 
of whether a foreign entity shall be treated as a surrogate foreign 
corporation under section 7874(a)(2)(B).

FOR FURTHER INFORMATION CONTACT: Milton Cahn at (202) 622-3860 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking by cross-reference to temporary 
regulations and notice of public hearing (REG-112994-06) that is the 
subject of these corrections are under section 7874 of the Internal 
Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking by cross-reference 
to temporary regulations and notice of public hearing (REG-112994-06) 
contains errors that may prove to be misleading are in need of 
correction.

Correction of Publication

    Accordingly, the notice of proposed rulemaking by cross reference 
to temporary regulations and notice of public hearing (REG-112994-06), 
that was the subject of FR Doc. E6-13424, is corrected as follows:
    1. On page 47158, column 3, in the preamble, under the paragraph 
heading ``Correction of Publication'', numerical entry 5, lines 1-2 
from the bottom of the column, the language, ``Cahn at (202) 927-0889 
or (202) 622-3918;'' is corrected to read ``Cahn at (202) 622-3860''.
    2. On page 47159, column 1, in the preamble, under the paragraph 
heading ``Correction of Publication'', numerical entry 6, line 1 from 
the bottom of the paragraph, the language ``927-1443 (not toll-
numbers)'' is corrected to read ``622-0392 (not toll-free numbers)''.

LaNita Van Dyke,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. E6-15303 Filed 9-14-06; 8:45 am]
BILLING CODE 4830-01-P