[Federal Register Volume 87, Number 48 (Friday, March 11, 2022)]
[Rules and Regulations]
[Pages 13935-13936]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-05177]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9960]
RIN 1545-BP79


Guidance Under Section 958 on Determining Stock Ownership; 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a correction of a Treasury Decision.

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SUMMARY: This document corrects a correction to a final regulations 
(Treasury Decision 9960) published in the Federal Register on Tuesday, 
February 22, 2022. The final regulations concern the treatment of 
domestic partnerships for purposes of determining amounts included in 
the gross income of their partners with respect to foreign 
corporations.

DATES: These corrections are effective on March 11, 2022, and 
applicable on or after February 22, 2022.

FOR FURTHER INFORMATION CONTACT: Edward J. Tracy at (202) 317-6934 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9960) subject to this correction are 
issued under section 958 of the Internal Revenue Code.

Need for Correction

    As published on February 22, 2022 (87 FR 9445), the final 
regulations (TD 9960) contain errors that need to be corrected.

Correction of Publication

    Accordingly, the publication of the correction to a final 
regulation (TD 9960), which was the subject of FR Doc. 2022-03611, 
published on February 22, 2022 (87 FR 9445), is corrected to read as 
follows:
    1. On page 9445, first column, under the caption RIN, the language 
``1545-BO59'' is corrected to read ``1545-BP79''.
    2. On page 9445, first column, the subject heading, the language

[[Page 13936]]

``Guidance on Passive Foreign Investment Companies'' is corrected to 
read ``Guidance Under Section 958 on Determining Stock Ownership''.

Oluwafunmilayo A. Taylor,
Chief, Legal Processing Division, Associate Chief Counsel, (Procedure 
and Administration).
[FR Doc. 2022-05177 Filed 3-10-22; 8:45 am]
BILLING CODE 4830-01-P