Skip to Content

Proposed Rule

Guidance on Cost Recovery Under the Income Forecast Method; Correction

Document Details

Information about this document as published in the Federal Register.

Document Statistics
Document page views are updated periodically throughout the day and are cumulative counts for this document including its time on Public Inspection. Counts are subject to sampling, reprocessing and revision (up or down) throughout the day.
Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble Start Printed Page 50840


Internal Revenue Service (IRS), Treasury.


Correction to notice of proposed rulemaking and notice of public hearing.


This document contains a correction to a notice of proposed rulemaking that was published in the Federal Register on Friday, May 31, 2002 (67 FR 38025), relating to deductions available to taxpayers using the income forecast method of depreciation.

Start Further Info


Bernard P. Harvey (202) 622-3110 (not a toll-free number).

End Further Info End Preamble Start Supplemental Information



The notice of proposed rulemaking (REG-103823-99) that is the subject of this correction is under section 167 of the Internal Revenue Code.

Need for Correction

As published the notice of proposed rulemaking (REG-103823-99), contains an error that my prove to be misleading and is in need of clarification.

Correction of Publication

Accordingly, the publication of the notice of proposed rulemaking and notice of public hearing (REG-103823-99), which was the subject of FR Doc. 02-13578, is corrected as follows:


On page 38035, column 1, § 1.167(n)-6(c)(2)(ii), line 5, the language “income) in any taxable year prior” is corrected to read “income) in any prior taxable year”.

Start Signature

LaNita VanDyke,

Acting Chief, Regulations Unit, Associate Chief Counsel, (Income Tax & Accounting).

End Signature End Supplemental Information

[FR Doc. 02-19834 Filed 8-5-02; 8:45 am]