Skip to Content

Proposed Rule

Basis of Indebtedness of S Corporations to Their Shareholders; Correction

Document Details

Information about this document as published in the Federal Register.

Enhanced Content

Relevant information about this document from Regulations.gov provides additional context. This information is not part of the official Federal Register document.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

AGENCY:

Internal Revenue Service (IRS), Treasury.

ACTION:

Correction to a notice of proposed rulemaking and notice of public hearing.

SUMMARY:

This document corrects a notice of proposed rulemaking and notice of public hearing (REG-134042-07) that was published in the Federal Register on Tuesday, June 12, 2012 (77 FR 34884) relating to basis of indebtedness of S corporations to their shareholders.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

Concerning the proposed regulations, Caroline E. Hay at (202) 622-3070; concerning the submissions of comments, the hearing and/or to be placed on the building access list to attend the hearing, Mrs Oluwafunmilayo (Funmi) Taylor, at (202) 622-7180 (not toll-free numbers).

End Further Info End Preamble Start Supplemental Information

SUPPLEMENTARY INFORMATION:

Background

The notice of proposed rulemaking and notice of public hearing (REG-134042-07) that is the subject of this correction is under section 1366 of the Internal Revenue Code.

Need for Correction

As published, REG-134042-07, contains errors that may prove to be misleading and are in need of clarification.

Correction of Publication

Accordingly, the publication of the correction to a notice of proposed rulemaking and notice of public hearing (REG-134042-07), which was the subject of FR. Doc. 2012-14188, is corrected as follows:

1. On page 34884, column 2, in the preamble, under the caption DATES, line 5 of the paragraph, the language “hearing scheduled for October 8, 2012,” is corrected to read “hearing scheduled for October 9, 2012”.

2. On page 34886, column 1, in the preamble, under the paragraph heading “Comments and Requests for a Public Hearing”, second paragraph, line two, the language “for October 8, 2012, beginning at 10 a.m.” is corrected to read “for October 9, 2012, beginning at 10 a.m.”.

Start Signature

LaNita Van Dyke,

Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).

End Signature End Supplemental Information

[FR Doc. 2012-16378 Filed 7-3-12; 8:45 am]

BILLING CODE 4830-01-P