Internal Revenue Service (IRS), Treasury.
This document contains a correction to final regulations (TD 9350) which were published in the Federal Register on Friday, August 3, 2007 (72 FR 43146) that modify the rules relating to the disclosure of reportable transactions under section 6011.
This correction is effective on May 11, 2010, and is applicable on August 3, 2007.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Charles D. Wien or Michael H. Beker, (202) 622-3070 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The final regulations (TD 9350) that are the subject of this document are under section 6011 of the Internal Revenue Code.
Need for Correction
As published, the final regulations (TD 9350) 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
(e) * * *
(1) * * * In the case of a taxpayer that is a partnership, an S corporation, or a trust, the disclosure statement for a reportable transaction must be attached to the partnership, S corporation, or trust's tax return for each taxable year in which the partnership, S corporation, or trust participates in the transaction under the rules of paragraph (c)(3)(i) of this section. * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2010-11078 Filed 5-10-10; 8:45 am]
BILLING CODE 4830-01-P