[Federal Register Volume 72, Number 155 (Monday, August 13, 2007)]
[Proposed Rules]
[Pages 45199-45200]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-15273]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-138707-06]
RIN 1545-BF90


Exclusions From Gross Income of Foreign Corporations; 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 contains corrections to notice of proposed 
rulemaking by cross-reference to temporary regulations (REG-138707-06) 
that were published in the Federal Register on Monday, June 25, 2007 
(72 FR 34650) modifying final regulations issued under section 883(a) 
and (c) of the Internal Revenue Code, relating to income derived by 
foreign corporations from the international operation of ships or 
aircraft.

FOR FURTHER INFORMATION CONTACT: Patricia A. Bray, (202) 622-3880 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The notice of proposed rulemaking by cross-reference to temporary 
regulations that are the subject of this correction are

[[Page 45200]]

under section 883(a) and (c) of the Internal Revenue Code.

Need for Correction

    As published, notice of proposed rulemaking by cross-reference to 
temporary regulations (REG-138707-06) contains errors that may prove to 
be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the proposed regulations (REG-
138707-06), which was the subject of FR Doc. E7-12037, is corrected as 
follows:
    1. On page 34650, column 2, in the preamble, under the paragraph 
heading ``Paperwork Reduction Act'', line 1 of the fourth paragraph, 
the language ``Whether the proposed collection of'' is corrected to 
read ``Whether the proposed collections of''.
    2. On page 34650, column 2, in the preamble, under the paragraph 
heading ``Paperwork Reduction Act'', line 2 of the fifth paragraph, the 
language ``associated with the proposed collection'' is corrected to 
read ``associated with the proposed collections''.
    3. On page 34651, column 1, in the preamble, under the paragraph 
heading ``Comments and Public Hearing'', line 7, the language ``and 
Treasury Department specifically'' is corrected to read ``and the 
Treasury Department specifically''.
    4. On page 34651, column 2, in the preamble, under the paragraph 
heading ``Drafting Information'', line 5, the language ``personnel from 
the IRS and Treasury'' is corrected to read ``personnel from the IRS 
and the Treasury''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
 [FR Doc. E7-15273 Filed 8-10-07; 8:45 am]
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