[Federal Register Volume 75, Number 12 (Wednesday, January 20, 2010)]
[Rules and Regulations]
[Page 3160]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-869]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9475]
RIN 1545-BF83


Corporate Reorganizations; Distributions Under Sections 
368(a)(1)(D) and 354(b)(1)(B); Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains corrections to final regulations (TD 
9475) that were published in the Federal Register on Friday, December 
18, 2009 (74 FR 67053) providing guidance regarding the qualification 
of certain transactions as reorganizations described in section 
368(a)(1)(D) where no stock and/or securities of the acquiring 
corporation is issued and distributed in the transaction.

DATES: This correction is effective on January 20, 2010, and is 
applicable on December 18, 2009.

FOR FURTHER INFORMATION CONTACT: Bruce A. Decker, (202) 622-7790 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9475) that are the subject of this 
document are under sections 358, 368 and 1502 of the Internal Revenue 
Code.

Need for Correction

    As published, the final regulations (TD 9475) contain errors that 
may prove to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulations (TD 9475), 
which were the subject of FR Doc. E9-30170, is corrected as follows:
    1. On page 67054, column 1, in the preamble, under the paragraph 
heading ``Background'', line 12 from the bottom of the column, the 
language ``transaction if the same persons or'' is removed and replaced 
with the language ``transaction if the same person or'' in its place.
    2. On page 67055, column 2, in the preamble, under the paragraph 
heading ``Issuance of Nominal Share'', line 9 from the bottom of the 
third paragraph of the column, the language ``the rule that if the same 
persons or'' is removed and replaced with the language ``the rule that 
if the same person or'' in its place.

Guy R. Traynor,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel, Procedure and Administration.
[FR Doc. 2010-869 Filed 1-19-10; 8:45 am]
BILLING CODE 4830-01-P