Stock Transfer Rules: Carryover of Earnings and Taxes; Correction, 57888 [E6-16126]
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57888
Federal Register / Vol. 71, No. 190 / Monday, October 2, 2006 / Rules and Regulations
§ 39.13
by that AD to correct an unsafe
condition.
Title 49 of the United States Code
specifies the FAA’s authority to issue
rules on aviation safety. Subtitle I,
section 106, describes the authority of
the FAA Administrator. Subtitle VII,
Aviation Programs, describes in more
detail the scope of the Agency’s
authority.
We are issuing this rulemaking under
the authority described in subtitle VII,
part A, subpart III, section 44701,
‘‘General requirements.’’ Under that
section, Congress charges the FAA with
promoting safe flight of civil aircraft in
air commerce by prescribing regulations
for practices, methods, and procedures
the Administrator finds necessary for
safety in air commerce. This regulation
is within the scope of that authority
because it addresses an unsafe condition
that is likely to exist or develop on
products identified in this rulemaking
action.
Effective Date
(a) This rescission of AD 97–09–13
becomes effective October 2, 2006.
Affected ADs
(b) This AD rescinds AD 97–06–13,
Amendment 39–9970.
Applicability
(c) This action applies to Rolls-Royce plc
models RB211 Trent 892, 884, 877, 875, and
892B series turbofan engines.
Need for Correction
As published, final regulations (TD
9273) contain an error that may prove to
be misleading and is in need of
clarification.
Correction of Publication
Accordingly, the publication of the
final regulations (TD 9273), which was
the subject of FR Doc. 06–6740, is
corrected as follows:
On page 44889, column 3, in the
preamble, under the paragraph heading
‘‘B. Paradigm Based on Pooling Rather
Than Look-Through’’, first paragraph of
the column, line 11, the language
‘‘through-corporation included a’’ is
corrected to read ‘‘through corporation
included a’’.
List of Subjects in 14 CFR Part 39
Air transportation, Aircraft, Aviation
safety, Safety.
Adoption of the Amendment
Accordingly, under the authority
delegated to me by the Administrator,
the Federal Aviation Administration
amends 14 CFR part 39 as follows:
I
PART 39—AIRWORTHINESS
DIRECTIVES
1. The authority citation for part 39
continues to read as follows:
I
Authority: 49 U.S.C. 106(g), 40113, 44701.
Jkt 208001
Issued in Burlington, Massachusetts, on
September 25, 2006.
Peter A. White,
Acting Manager, Engine and Propeller
Directorate, Aircraft Certification Service.
[FR Doc. E6–16045 Filed 9–29–06; 8:45 am]
Guy R. Traynor,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. E6–16126 Filed 9–29–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Internal Revenue Service
26 CFR Part 1
26 CFR Part 1
[TD 9273]
[TD 9273]
RIN 1545–AX65
RIN 1545–AX65
Stock Transfer Rules: Carryover of
Earnings and Taxes; Correction
Stock Transfer Rules: Carryover of
Earnings and Taxes; Correction
AGENCY:
Internal Revenue Service (IRS),
Treasury.
ACTION: Correction to final regulations.
AGENCY:
SUMMARY: This document contains a
correction to final regulations (TD 9273)
that were published in the Federal
Register on Tuesday, August 8, 2006 (71
FR 44887) addressing the carryover of
certain tax attributes, such as earnings
and profits and foreign income tax
accounts, when two corporations
combine in a corporate reorganization or
liquidation that is described in both
section 367(b) and section 381 of the
Internal Revenue Code (Code).
DATES: This correction is effective
August 8, 2006.
FOR FURTHER INFORMATION CONTACT:
Jeffrey L. Parry, (202) 622–3850 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
SUMMARY: This document contains
correction to final regulations (TD 9273)
that were published in the Federal
Register on Tuesday, August 8, 2006 (71
FR 44887) addressing the carryover of
certain tax attributes, such as earnings
and profits and foreign income tax
accounts, when two corporations
combine in a corporate reorganization or
liquidation that is described in both
section 367(b) and section 381 of the
Internal Revenue Code (Code).
DATES: The correction is effective
August 8, 2006.
FOR FURTHER INFORMATION CONTACT:
Jeffrey L. Parry, (202) 622–3850 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
We have determined that this AD
rescission will not have federalism
implications under Executive Order
13132. This AD will not have a
substantial direct effect on the States, on
the relationship between the national
government and the States, or on the
distribution of power and
responsibilities among the various
levels of government.
For the reasons discussed above, I
certify that this AD rescission:
(1) Is not a ‘‘significant regulatory
action’’ under Executive Order 12866;
(2) Is not a ‘‘significant rule’’ under
DOT Regulatory Policies and Procedures
(44 FR 11034, February 26, 1979); and
(3) Will not have a significant
economic impact, positive or negative,
on a substantial number of small entities
under the criteria of the Regulatory
Flexibility Act.
rwilkins on PROD1PC63 with RULES
97–06–13R1 Rolls-Royce plc: Amendment
39–14780. Docket No. FAA–2006–25713;
Directorate Identifier 97–ANE–09.
sections 367(b) and 381 of the Internal
Revenue Code.
BILLING CODE 4910–13–P
Regulatory Findings
23:26 Sep 29, 2006
2. The FAA amends § 39.13 by
removing Amendment 39–9970 (62 FR
23339, April 30, 1997) and by adding
the following new airworthiness
directive:
I
Authority for This Rulemaking
VerDate Aug<31>2005
[Amended]
Background
The correction notice that is the
subject of this document is under
The correction notice that is the
subject of this document is under
PO 00000
Frm 00018
Fmt 4700
Sfmt 4700
Internal Revenue Service (IRS),
Treasury.
ACTION: Correcting amendment.
E:\FR\FM\02OCR1.SGM
02OCR1
]]>Agencies
[Federal Register Volume 71, Number 190 (Monday, October 2, 2006)]
[Rules and Regulations]
[Page 57888]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-16126]
=======================================================================
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9273]
RIN 1545-AX65
Stock Transfer Rules: Carryover of Earnings and Taxes; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correction to final regulations.
-----------------------------------------------------------------------
SUMMARY: This document contains a correction to final regulations (TD
9273) that were published in the Federal Register on Tuesday, August 8,
2006(71 FR 44887) addressing the carryover of certain tax attributes,
such as earnings and profits and foreign income tax accounts, when two
corporations combine in a corporate reorganization or liquidation that
is described in both section 367(b) and section 381 of the Internal
Revenue Code (Code).
DATES: This correction is effective August 8, 2006.
FOR FURTHER INFORMATION CONTACT: Jeffrey L. Parry, (202) 622-3850 (not
a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The correction notice that is the subject of this document is under
sections 367(b) and 381 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9273) contain an error that may
prove to be misleading and is in need of clarification.
Correction of Publication
Accordingly, the publication of the final regulations (TD 9273),
which was the subject of FR Doc. 06-6740, is corrected as follows:
On page 44889, column 3, in the preamble, under the paragraph
heading ``B. Paradigm Based on Pooling Rather Than Look-Through'',
first paragraph of the column, line 11, the language ``through-
corporation included a'' is corrected to read ``through corporation
included a''.
Guy R. Traynor,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. E6-16126 Filed 9-29-06; 8:45 am]
BILLING CODE 4830-01-P
