Internal Revenue Service (IRS), Treasury.
Correction to final regulations.
This document contains corrections to final regulations (TD 8973) which were published in the Federal Register on Friday, December 28, 2001 (66 FR 67081). The final regulations relate to the allocation of loss recognized on the disposition of stock and other personal property under sections 861 and 865.
This correction is effective January 8, 2002.Start Further Info Start Printed Page 3812
FOR FURTHER INFORMATION CONTACT:
David A. Juster (202) 622-3850 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The final regulations that are subject to these corrections are under sections 861 and 865 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD8973) contains errors that may prove to be misleading and are in need of clarification.
Correction of PublicationStart Amendment Part
Accordingly, the publication of final regulations (TD 8973), which was the subject of FR Doc. 01-31819, is corrected as follows:End Amendment Part
1. On page 67083, column 3, § 1.861-8T, line 3 of the paragraph heading, the language “for other sources and activities (temporary).” is corrected to read “from other sources and activities (temporary).”End Amendment Part
2. On page 67086, column 2, § 1.865-2(a)(4)(iv), Example 3. (i), line 10, the language “country X for $1,000. On January 2, 2002, R” is corrected to read “Country X for $1,000. On January 2, 2002, R”.End Amendment Part Start Signature
Acting Chief, Regulations Unit, Associate Chief Counsel, (Income Tax & Accounting).
[FR Doc. 02-2046 Filed 1-25-02; 8:45 am]
BILLING CODE 4830-01-P