Internal Revenue Service (IRS), Treasury.
Correction to final regulations.
This document contains corrections to final regulations (TD 9270) that were published in the Federal Register on Thursday, July 13, 2006 (71 FR 39548) relating to the reporting of payments of gross proceeds to attorneys.
These corrections are effective July 13, 2006.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Nancy Rose, (202) 622-4940 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The correction notice that is the subject of this document is under sections 6041 and 6045 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9270) contain errors that may prove to be misleading and are in need of clarification.
Correction of Publication
Accordingly, the publication of the final regulations (TD 9270), which was the subject of FR Doc. E6-11010, is corrected as follows: Start Printed Page 47080
1. On page 39548, column 3, in the preamble, under the paragraph heading “Paperwork Reduction Act”, second paragraph of the column, line 5, the language “payments aggregating $600 of more from” is corrected to read “payments aggregating $600 or more from”.
2. On page 39548, column 3, in the preamble, under the paragraph heading “Background”, line 3, the language “and 6045 of the (Code). These” is corrected to read “and 6045 of the Code. These”.
3. On page 39550, column 2, in the preamble, under the paragraph heading “Summary of Comments”, second paragraph of the column, line 3 from bottom, the language “section although attorneys fees paid to” is corrected to read “section although attorneys' fees paid to”.Start Signature
Guy R. Traynor,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. E6-13420 Filed 8-15-06; 8:45 am]
BILLING CODE 4830-01-P