[Federal Register Volume 85, Number 46 (Monday, March 9, 2020)]
[Rules and Regulations]
[Page 13483]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-04485]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9630]
RIN 1545-BK17


Use of Differential Income Stream as an Application of the Income 
Method and as a Consideration in Assessing the Best Method; Correcting 
Amendment

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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

SUMMARY: This document contains corrections to Treasury Decision TD 
9630, which was published in the Federal Register on Tuesday, August 
27, 2013. Treasury Decision 9630 contains final regulations that 
implement the use of the differential income stream as a consideration 
in assessing the best sharing arrangement and as a specified 
application of the income method.

DATES: This correction is effective on March 9, 2020 and is applicable 
on or after August 27, 2013.

FOR FURTHER INFORMATION CONTACT: Christopher J. Bello, Office of 
Associate Chief Counsel (International), (202) 317-3800 (not a toll-
free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9630) that are the subject of this 
correction are issued under section 1.482-7 of the Internal Revenue 
Code.

Need for Correction

    As published August 27, 2013 (78 FR 52854), the final regulations 
(TD 9630) contain an error that needs to be corrected.

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 amendment:

PART 1--INCOME TAXES

0
1. The authority citation for part 1 is amended by removing the 
sectional authority for Sec.  1.482-7T to read in part as follows:

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

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2020-04485 Filed 3-6-20; 8:45 am]
BILLING CODE 4830-01-P