[Federal Register Volume 74, Number 197 (Wednesday, October 14, 2009)]
[Rules and Regulations]
[Page 52677]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-24656]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 301

[TD 9462]
RIN 1545-BH91


Disregarded Entities and Excise Taxes; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final and temporary regulations.

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SUMMARY: This document contains a correction to final and temporary 
regulations (TD 9462) that were published in the Federal Register on 
Monday, September 14, 2009, clarifying that a single-owner eligible 
entity that is disregarded as an entity separate from its owner for any 
purpose, but regarded as a separate entity for certain excise tax 
purposes, is treated as a corporation for tax administration purposes 
related to those excise taxes.

DATES: This correction is effective on October 14, 2009, and is 
applicable on September 14, 2009.

FOR FURTHER INFORMATION CONTACT: Michael H. Beker, (202) 622-3070 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final and temporary regulations that are the subject of this 
document is under section 7701 of the Internal Revenue Code.

Need for Correction

    As published on Monday, September 14, 2009 (74 FR 46903), the final 
and temporary regulations (TD 9462) contain 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 9462), which was the subject of FR Doc. E9-21987, is corrected as 
follows:
    On page 46904, column three, the signature line, the word 
``Mundace'' is corrected to read ``Mundaca''.

Diane O. Williams,
Federal Register Liaison, Publications and Regulations Branch, Legal 
Processing Division, Associate Chief Counsel, (Procedure and 
Administration).
[FR Doc. E9-24656 Filed 10-13-09; 8:45 am]
BILLING CODE 4830-01-P