This PDF is the current document as it appeared on Public Inspection on 06/12/2015 at 08:45 am.
Internal Revenue Service (IRS), Treasury.
This document contains corrections to final regulations (TD 9719) that were published in the Federal Register on May 8, 2015 (80 FR 26437). The final regulations amend the treatment of nonperiodic payments made or received pursuant to certain notional principal contracts.
This correction is effective on June 15, 2015 and applicable May 8, 2015.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Alexa T. Dubert at (202) 317-6895 (not a toll free number).End Further Info End Preamble Start Supplemental Information
The final regulations (TD 9719) that are the subject of this correction is under section 446 of the Internal Revenue Code.
Need for Correction
As published, the final regulations (TD 9719) 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 1
- Income taxes
- Reporting and recordkeeping requirements
Correction of Publication
Accordingly, 26 CFR part 1 is corrected by making the following correcting amendment:Start Part
PART 1—INCOME TAXESEnd Part Start Amendment Part
Paragraph 1. The authority citation for part 1 continues to read in part as follows:End Amendment Part
Par. 2. Section 1.446-3 is amended by removing paragraph (k).End Amendment Part Start Signature
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-14622 Filed 6-12-15; 8:45 am]
BILLING CODE 4830-01-P