[Federal Register Volume 71, Number 188 (Thursday, September 28, 2006)]
[Rules and Regulations]
[Page 56868]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-15891]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 602

[TD 9281]
RIN 1545-BF70


Determination of Interest Expense Deduction of Foreign 
Corporations; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final and temporary regulations.

-----------------------------------------------------------------------

SUMMARY: This document contains a correction to final and temporary 
regulations (TD 9281), that were published in the Federal Register on 
Thursday, August 17, 2006 (71 FR 47443). This regulation revised the 
Income Tax Regulations relating to the determination of the interest 
expense deduction of foreign corporations and applies to foreign 
corporations engaged in a trade or business within the United States.

DATES: This correction is effective August 17, 2006.

FOR FURTHER INFORMATION CONTACT: Gregory Spring or Paul Epstein, (202) 
622-3870 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final and temporary regulations (TD 9281) that is the subject 
of this correction are under sections 882 and 884 of the Internal 
Revenue Code.

Need for Correction

    As published, TD 9281 contains an error that may prove to be 
misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of the final and temporary regulations 
(TD 9281), that were the subject of FR Doc. E6-13402, is corrected as 
follows:
    On page 47443, column 1, in the preamble under the caption ``DATES: 
Effective Date:'', lines 1 through 5, the language, ``These regulations 
are effective starting the tax year end for which the original tax 
return due date (including extensions) is after August 17, 2006.'' is 
corrected to read ``These regulations are effective August 17, 2006.''.

Cynthia E. Grigsby,
Senior Federal Register Liaison Officer, Publications and Regulations 
Branch, Legal Processing Division, Associate Chief Counsel, (Procedure 
and Administration).
[FR Doc. E6-15891 Filed 9-27-06; 8:45 am]
BILLING CODE 4830-01-P