[Federal Register Volume 80, Number 162 (Friday, August 21, 2015)]
[Proposed Rules]
[Pages 50814-50815]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-20849]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-108214-15]
RIN 1545-BM69


Exception From Passive Income for Certain Foreign Insurance 
Companies; Hearing; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a notice of a public hearing on a proposed 
rulemaking.

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SUMMARY: This document corrects a notice of public hearing on proposed 
regulations that published in the Federal Register on Wednesday, August 
19, 2015. The proposed regulations provide guidance regarding when a 
foreign insurance company's income is excluded from the definition of 
passive income under section 1297(b)(2)(B).

DATES: Outlines of topics to be discussed at the public hearing being 
held on Friday, September 18, 2015 (see the document published at 80 FR 
50239, August 19, 2015), are still being accepted and must be received 
by August 26, 2015.

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations, 
Josephine Firehock at (202) 317-4932; concerning submissions of 
comments, the hearing and/or to be placed on the building access list 
to attend the hearing Oluwafunmilayo Taylor at (202) 317-6901 (not 
toll-free numbers).

SUPPLEMENTARY INFORMATION:

[[Page 50815]]

Background

    The notice of a public hearing on a proposed rulemaking that is the 
subject of this document is under section 1297(b)(2)(B) of the Internal 
Revenue Code.

Need for Correction

    As published, the notice of a public hearing on a proposed 
rulemaking (REG-108214-15) contains an error that is misleading and is 
in need of clarification.

Correction to Publication

    Accordingly, the notice of a public hearing on a proposed 
rulemaking, that is the subject of FR Doc. 2015-20468, is corrected as 
follows:
    1. On page 50239, in the preamble, column 3, under the caption 
``SUPPLEMENTARY INFORMATION'', the last line of the first full 
paragraph, the language ``topic by Wednesday, August 19, 2015'' is 
corrected to read ``topic by Wednesday, August 26, 2015''.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-20849 Filed 8-19-15; 4:15 pm]
 BILLING CODE 4830-01-P