Internal Revenue Service (IRS), Treasury.
Correction to notice of proposed rulemaking.
This document corrects a notice of proposed rulemaking published in the Federal Register March 14, 2003 (68 FR 12324). The proposed regulations redetermine the basis of stock of a subsidiary member of a consolidated group immediately prior to certain transfers of such stock and certain deconsolidations of a subsidiary member and suspend certain losses recognized on the disposition of stock of a subsidiary member.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Aimee K. Meacham, (202) 622-7530 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The proposed regulations that are the subject of these corrections are under section 1502 of the Internal Revenue Code.
Need for Correction
As published, the proposed regulation contains an error that may prove to be misleading and is in need of clarification.
Correction of Publication
Accordingly, the publication of the proposed regulations (REG-131478-02) that were the subject of FR Doc. 03-6118, is corrected to read as follows:
On page 12325, column 1, in the preamble under the caption “SUMMARY”, third line from the bottom of the caption, the language “regulations. This document also” is corrected to read “regulations. Elsewhere in this issue of the Federal Register are technical corrections to § 1.1502-35T. The technical corrections supply text omitted from § 1.1502-35T(b)(3)(i)(C), (b)(3)(ii)(C), and clarify § 1.1502-35T(f)(1). This document”.Start Signature
Cynthia E. Grigsby,
Chief, Regulations Unit, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 03-8313 Filed 4-3-03; 8:45 am]
BILLING CODE 4830-01-P