Internal Revenue Service (IRS), Treasury.
This document contains a correction to temporary regulations (TD 9206) that was published in the Federal Register on Monday, May 23, 2005 (70 FR 29450) providing guidance for the filing of information returns by donees relating to qualified intellectual property contributions.
This correction is effective May 23, 2005.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Donnell M. Rini-Swyers, (202) 622-4910 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The final regulation (TD 9206) that is the subject of this correction is under section 6050 of the Internal Revenue Code.
Need for Correction
As published, TD 9206, contains an error that may prove to be misleading and is in need of clarification.Start List of Subjects
List of Subjects in 26 CFR Part 1
- Income taxes
- Reporting and recordkeeping requirements
Correction of PublicationStart Amendment Part
Accordingly, 26 CFR Part 1 is corrected by making the following correcting amendment:End Amendment Part Start Part
PART 1—INCOME TAXESEnd Part Start Amendment Part
Paragraph 1. The authority citation for part 1 continues to read in part as follows:End Amendment Part
Section 1.6050L-2T(c)(3) is amended by removing the language “the 90th day Start Printed Page 36346following May 23, 2005.” and adding the language “August 22, 2005.” in its place.End Amendment Part Start Signature
Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 05-12384 Filed 6-22-05; 8:45 am]
BILLING CODE 4830-01-P