Internal Revenue Service (IRS), Treasury.
Correction to notice of proposed rulemaking.
This document contains corrections to notice of proposed rulemaking that were published in the Federal Register on August 6, 2004 (69 FR 47822), providing guidance for determining a United States shareholder's pro rata share of a controlled foreign corporation's (CFC's) subpart F income, previously excluded subpart F income withdrawn from investment in less developed countries, previously excluded subpart F income withdrawn from foreign base company shipping operations, and amounts determined under section.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Jonathan A. Sambur at (202) 622-3840 (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 951 (a) of the Internal Revenue Code.
Correction of Publication
Accordingly, the publication of the notice of proposed rulemaking (REG-129771-04), which was the subject of FR Doc. 04-17907, is corrected as follows:
1. On page 47823, column 1, in the preamble under the caption ADDRESSES, remove the last sentence.
2. On page 47826, column 2, § 1.951-1, paragraph (e)(5)(iii), line 11, the language “distribution of earnings or profits that” is corrected to read “distribution of earnings and profits that”.
Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedures and Administration).
[FR Doc. 04-22137 Filed 9-30-04; 8:45 am]
BILLING CODE 4830-01-P