Internal Revenue Service (IRS), Treasury.
This document contains a correction to final regulations (TD 9377) that were published in the Federal Register on Wednesday, January 23, 2008 (73 FR 3868), that apply to a section 197 intangible resulting from an assumption reinsurance transaction, and under section 338 that apply to reserve increases after a deemed asset sale.
This correction is effective on March 18, 2008.Start Further Info
FOR FURTHER INFORMATION CONTACT:
William T. Sullivan (202) 622-7052 (not toll-free number).End Further Info End Preamble Start Supplemental Information
The final regulations (TD 9377) that is the subject of this correction is under section 197 of the Internal Revenue Code.
Need for Correction
As published, TD 9377 contains an error that may prove to be misleading and is in need of clarification.Start List of Subjects
List of Subjects 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
End Amendment Part Start Signature
Senior Federal Register Liaison Officer, Publications and Regulations Branch, Legal Processing Division, Office of Associate Chief Counsel, (Procedure and Administration).
[FR Doc. E8-5333 Filed 3-17-08; 8:45 am]
BILLING CODE 4830-01-P