[Federal Register Volume 76, Number 242 (Friday, December 16, 2011)]
[Proposed Rules]
[Page 78182]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-32313]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-149625-10]
RIN 1545-BK03


Application of the Segregation Rules to Small Shareholders; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a notice of proposed rulemaking.

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

SUMMARY: This document contains a correction to notice of proposed 
rulemaking (REG-149625-10) that was published in the Federal Register 
on Wednesday, November 23, 2011 (76 FR 72362) providing guidance 
regarding the application of the segregation rules to public groups 
under section 382 of the Internal Revenue Code (Code).

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Stephen R. Cleary, (202) 622-7750 (not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The correction notice that is the subject of this document is under 
section 382 of the Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-149625-10) 
contains errors that may prove to be misleading and are in need of 
clarification.

Correction of Publication

    Accordingly, the publication of notice of proposed rulemaking (REG-
149625-10), which was the subject of FR Doc. 2011-30290, is corrected 
as follows:
    1. On page 72364, column 3, in the preamble, under the paragraph 
heading ``D. Clarification of Sec.  1.382-2T(j)(3)'', eleventh line, 
the language ``regard to Sec.  1.382-2T(h)(i)(A)) or a first'' is 
corrected to read ``regard to Sec.  1.382-2T(h)(2)(i)(A)) or a first''.
    2. On page 72364, column 3, in the preamble, under the paragraph 
heading ``D. Clarification of Sec.  1.382-2T(j)(3)'', last line of the 
paragraph, the language ``2T(h)(i)(A).'' is corrected to read 
``2T(h)(2)(i)(A).''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-32313 Filed 12-15-11; 8:45 am]
BILLING CODE 4830-01-P