Internal Revenue Service (IRS), Treasury.Start Printed Page 3160
This document contains a correction to final regulations (TD 9475) that were published in the Federal Register on Friday, December 18, 2009 (74 FR 67053) providing guidance regarding the qualification of certain transactions as reorganizations described in section 368(a)(1)(D) where no stock and/or securities of the acquiring corporation is issued and distributed in the transaction.
This correction is effective on January 20, 2010, and is applicable on December 18, 2009.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Bruce A. Decker, (202) 622-7790 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The final regulations (TD 9475) that are the subject of this document are under sections 358, 368 and 1502 of the Internal Revenue Code.
Need for Correction
As published, the final regulations (TD 9475) contain 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 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 Start Amendment Part
End Amendment Part
(l) * * *
(2) * * *
(iv) Exception. Paragraph (l)(2) of this section does not apply to a transaction otherwise described in § 1.358-6(b)(2).
Guy R. Traynor,
Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2010-866 Filed 1-19-10; 8:45 am]
BILLING CODE 4830-01-P