This PDF is the current document as it appeared on Public Inspection on 09/22/2016 at 08:45 am.
Internal Revenue Service (IRS), Treasury.
Final regulations; correction.
This document contains a correction to final regulations (TD 9774) that were published in the Federal Register on July 8, 2016 (81 FR 44508). The final regulations provide a simplified method of accounting for gains and losses on shares in money market funds (MMFs). The final regulations also provide guidance regarding information reporting requirements for shares in MMFs.
This correction is effective on September 23, 2016 and applicable on July 8, 2016.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Grace Cho at (202) 317-6895 (not a toll free number).End Further Info End Preamble Start Supplemental Information
The final regulations (TD 9774) that are the subject of this correction are under sections 446, and 6045 of the Internal Revenue Code.
Need for Correction
As published, the final regulations (TD 9774) contains an error that may prove to be misleading and is in need of clarification.Start Printed Page 65542
Correction of Publication
Accordingly, the final regulations (TD 9774), that are the subject of FR Doc. 2016-16149, is corrected as follows:
1. On page 44512, in the preamble, the first column, under the heading “7. Accounting Method Changes”, the ninth line of the second full paragraph, the language “Proc. 2016-39 (2016-30 IRB), which” is corrected to read “Proc. 2016-39 (2016-30 IRB 164), which”.Start Signature
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2016-22950 Filed 9-22-16; 8:45 am]
BILLING CODE 4830-01-P