[Federal Register Volume 78, Number 11 (Wednesday, January 16, 2013)]
[Rules and Regulations]
[Page 3325]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-00748]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9607]
RIN 1545-BJ37


Partners Distributive Share; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document corrects final regulations (TD 9607) that was 
published in the Federal Register on Friday, December 28, 2012 (77 FR 
76380) regarding the application of the substantiality de minimis rule. 
In the interest of sound tax administration, this rule is being made 
inapplicable. These final regulations affect partnerships and their 
partners.

DATES: This correction is effective on January 16, 2013 and is 
applicable on December 28, 2012.

FOR FURTHER INFORMATION CONTACT: Rebecca Kahane (202) 622-3050 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of final regulations (TD 9607) that is the subject of 
this correction is under section 704 of the Internal Revenue Code.

Need for Correction

    As published, TD 9607 contains an error that may prove to be 
misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of the correction to final regulations 
(TD 9607), which was the subject of FR. Doc. 2012-31155, is corrected 
as follows:
    1. On page 76380, column 1, in the preamble, under the caption FOR 
FURTHER INFORMATION CONTACT, first line, the language ``Rebecca 
Kahanel, at (202) 622-3050 (not'', is corrected to read ``Rebecca 
Kahane, at (202) 622-3050 (not''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, Procedure and Administration.
[FR Doc. 2013-00748 Filed 1-15-13; 8:45 am]
BILLING CODE 4830-01-P