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Proposed Rule

Exclusions From Gross Income of Foreign Corporations; Correction

Action

Correction To Notice Of Proposed Rulemaking By Cross Reference To Temporary Regulations.

Summary

This document contains corrections to notice of proposed rulemaking by cross-reference to temporary regulations (REG-138707-06) that were published in the Federal Register on Monday, June 25, 2007 (72 FR 34650) modifying final regulations issued under section 883(a) and (c) of the Internal Revenue Code, relating to income derived by foreign corporations from the international operation of ships or aircraft.

Unified Agenda

Exclusion of Income From the International Operation of Ships or Aircraft

4 actions from June 25th, 2007 to September 17th, 2010

  • June 25th, 2007
  • September 24th, 2007
    • NPRM Comment Period End
  • October 24th, 2007
    • Hearing
  • September 17th, 2010
 

Table of Contents Back to Top

FOR FURTHER INFORMATION CONTACT: Back to Top

Patricia A. Bray, (202) 622-3880 (not a toll-free number).

SUPPLEMENTARY INFORMATION: Back to Top

Background Back to Top

The notice of proposed rulemaking by cross-reference to temporary regulations that are the subject of this correction are under section 883(a) and (c) of the Internal Revenue Code.

Need for Correction Back to Top

As published, notice of proposed rulemaking by cross-reference to temporary regulations (REG-138707-06) contains errors that may prove to be misleading and are in need of clarification.

Correction of Publication Back to Top

Accordingly, the publication of the proposed regulations (REG-138707-06), which was the subject of FR Doc. E7-12037, is corrected as follows:

1. On page 34650, column 2, in the preamble, under the paragraph heading “Paperwork Reduction Act”, line 1 of the fourth paragraph, the language “Whether the proposed collection of” is corrected to read “Whether the proposed collections of”.

2. On page 34650, column 2, in the preamble, under the paragraph heading“Paperwork Reduction Act”, line 2 of the fifth paragraph, the language “associated with the proposed collection” is corrected to read “associated with the proposed collections”.

3. On page 34651, column 1, in the preamble, under the paragraph heading“Comments and Public Hearing”, line 7, the language “and Treasury Department specifically” is corrected to read “and the Treasury Department specifically”.

4. On page 34651, column 2, in the preamble, under the paragraph heading“Drafting Information”, line 5, the language “personnel from the IRS and Treasury” is corrected to read “personnel from the IRS and the Treasury”.

LaNita Van Dyke,

Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).

[FR Doc. E7-15273 Filed 8-10-07; 8:45 am]

BILLING CODE 4830-01-P

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