[Federal Register Volume 76, Number 122 (Friday, June 24, 2011)]
[Rules and Regulations]
[Pages 36995-36996]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-15943]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9529]
RIN 1545-BK01


Requirements for Taxpayers Filing Form 5472; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains correcting amendments to temporary 
regulations (TD 9529) that were published in the Federal Register on 
Friday, June 10, 2011 (76 FR 33997) removing the duplicate filing 
requirement for Form 5472, ``Information Return of a 25% Foreign-Owned 
U.S. corporation or a Foreign Corporation Engaged in a U.S. Trade or 
Business.''

DATES: This correction is effective on June 24, 2011, and is applicable 
on June 10, 2011.

[[Page 36996]]


FOR FURTHER INFORMATION CONTACT: Gregory A. Spring, (202) 435-5265 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The temporary regulations that are the subject of this correction 
are under section 6038A of the Internal Revenue Code.

Need for Correction

    As published, temporary regulations (TD 9529) contain errors that 
may prove to be misleading and are in need of clarification.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Correction of Publication

    Accordingly, 26 CFR part 1 is corrected by making the following 
correcting amendments:

PART 1--INCOME TAXES

0
Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:

    Authority: 26 U.S.C. 7805 * * *


0
Par. 2. Section 1.6038A-1T is amended by adding paragraph (o) to read 
as follows:


Sec.  1.6038A-1T  General requirements and definitions (temporary).

* * * * *
    (o) Expiration date. The applicability of this section expires on 
June 10, 2014.
* * * * *

0
Par. 3. Section 1.6038A-2T is amended by adding paragraph (i) to read 
as follows:


Sec.  1.6038A-2T  Requirement of return (temporary).

* * * * *
    (i) Expiration date. The applicability of this section expires on 
June 10, 2014.
* * * * *

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-15943 Filed 6-23-11; 8:45 am]
BILLING CODE 4830-01-P