[Federal Register Volume 85, Number 150 (Tuesday, August 4, 2020)]
[Rules and Regulations]
[Page 47027]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15940]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9896]
RIN 1545-BO53


Rules Regarding Certain Hybrid Arrangements; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Final regulations; correction.

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SUMMARY: This document contains corrections to final regulations 
Treasury Decision 9896 that were published in the Federal Register on 
Wednesday, April 8, 2020. The final regulations providing guidance 
regarding hybrid dividends and certain amounts paid or accrued pursuant 
to hybrid arrangements, which generally involve arrangements whereby 
U.S. and foreign tax law classify a transaction or entity differently 
for tax purposes.

DATES: This correction is effective on August 4, 2020.

FOR FURTHER INFORMATION CONTACT: Tracy Villecco at (202) 317-6933 or 
Tianlin (Laura) Shi at (202) 317-6936 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9896) that are the subject of this 
correction are issued under section 267A of the Code.

Need for Correction

    As published April 8, 2020, the final regulations (TD 9896) 
contained an error that need to be corrected.

Correction of Publication

    Accordingly, the final regulations (TD 9896), that are the subject 
of FR Doc. 2020-05924, are corrected as follows:

0
On page 19817, the first column, the fifth line of the fourth 
paragraph, the language ``the use CFCs'' is corrected to read ``the use 
of CFCs''.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2020-15940 Filed 8-3-20; 8:45 am]
BILLING CODE 4830-01-P