Internal Revenue Service (IRS), Treasury.
This document contains correction to final regulations (TD 9273) that were published in the Federal Register on Tuesday, August 8, 2006(71 FR 44887) addressing the carryover of certain tax attributes, such as earnings and profits and foreign income tax accounts, when two corporations combine in a corporate reorganization or liquidation that is described in both section 367(b) and section 381 of the Internal Revenue Code (Code).
The correction is effective August 8, 2006.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Jeffrey L. Parry, (202) 622-3850 (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 Start Printed Page 57889sections 367(b) and 381 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9273) contain an error that may prove to be misleading and are in need of clarification.
Correction of PublicationStart List of Subjects
List of Subjects in 26 CFR Part 1End List of Subjects
Correction of PublicationStart Amendment Part
Accordingly,End Amendment Part Start Part
PART 1—INCOME TAXESEnd Part Start Amendment Part
End Amendment Part
Section 1.367(b)-7(e)(2)End Amendment Part
Guy R. Traynor,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. E6-16116 Filed 9-29-06; 8:45 am]
BILLING CODE 4830-01-P