Foreign Tax Credit: Notification of Foreign Tax Redeterminations; Correction, 71842 [E7-24673]
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Federal Register / Vol. 72, No. 243 / Wednesday, December 19, 2007 / Proposed Rules
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG–113891–07]
RIN 1545–BG72
Benefit Restrictions for Underfunded
Pension Plans; Hearing
Internal Revenue Service (IRS),
Treasury.
ACTION: Notice of public hearing on
proposed rulemaking.
AGENCY:
This document provides a
notice of public hearing on proposed
rulemaking providing guidance
regarding the use of certain funding
balances maintained for defined benefit
pension plans and regarding benefit
restrictions for certain underfunded
defined benefit pension plans.
DATES: The public hearing is being held
on Monday, January 28, 2008, at 10 a.m.
The IRS must receive outlines of the
topics to be discussed at the hearing by
January 7, 2008.
ADDRESSES: The public hearing is being
held in the IRS Auditorium, Internal
Revenue Service Building, 1111
Constitution Avenue, NW., Washington,
DC 20224.
Mail outlines to CC:PA:LPD:PR (REG–
113891–07), room 5203, Internal
Revenue Service, POB 7604, Ben
Franklin Station, Washington, DC
20044. Submissions may be handdelivered Monday through Friday
between the hours of 8 a.m. and 4 p.m.
to CC:PA:LPD:PR (REG–113891–07),
Couriers Desk, Internal Revenue
Service, 1111 Constitution Avenue,
NW., Washington, DC or sent
electronically via the Federal
eRulemaking Portal at https://
www.regulations.gov (IRS–REG–
113891–07).
FOR FURTHER INFORMATION CONTACT:
Concerning submissions of comments,
the hearing and/or to be placed on the
building access list to attend the
hearing, Kelly Banks at (202) 622–7180
(not a toll-free number).
SUPPLEMENTARY INFORMATION: The
subject of the public hearing is the
notice of proposed rulemaking (REG–
113891–07) that was published in the
Federal Register on Friday, August 31,
2007 (72 FR 50544).
The rules of 26 CFR 601.601(a)(3)
apply to the hearing.
Persons who have submitted written
comments and wish to present oral
comments at the hearing must submit an
outline of the topics to be discussed and
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SUMMARY:
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19:24 Dec 18, 2007
Jkt 214001
the amount of time to be devoted to
each topic by January 7, 2008.
A period of 10 minutes is allotted to
each person for presenting oral
comments. After the deadline for
receiving outlines has passed, the IRS
will prepare an agenda containing the
schedule of speakers. Copies of the
agenda will be made available free of
charge at the hearing. Because of access
restrictions, the IRS will not admit
visitors beyond the immediate entrance
area more than 30 minutes before the
hearing. For information about having
your name placed on the building
access list to attend the hearing, see the
FOR FURTHER INFORMATION CONTACT
section of this document.
LaNita Van Dyke,
Branch Chief, Publications and Regulations
Branch, Legal Processing Division, Associate
Chief Counsel (Procedure and
Administration).
[FR Doc. E7–24670 Filed 12–18–07; 8:45 am]
section 905(c) of the Internal Revenue
Code.
Need for Correction
As published, the notice of proposed
rulemaking by cross-reference to
temporary regulations (REG–209020–86)
contain errors that may prove to be
misleading and are in need of
clarification.
Correction of Publication
Accordingly, the publication of the
notice of proposed rulemaking by crossreference to the temporary regulations
(REG–209020–86), which was the
subject of FR Doc. E7–21727, is
corrected as follows:
1. On page 62806, column 1, in the
preamble, under the caption
‘‘ADDRESSES:’’, line 8, the language
‘‘CC:PA:LPD:PR (REG–209020–90),’’ is
corrected to read ‘‘CC:PA:LPD:PR (REG–
209020–86),’’.
BILLING CODE 4830–01–P
§ 1.905–5
DEPARTMENT OF THE TREASURY
2. On page 62807, column 2, § 1.905–
5, the word (temporary) is removed from
the end of the section title.
[Corrected]
[REG–209020–86]
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. E7–24673 Filed 12–18–07; 8:45 am]
RIN 1545–AC09
BILLING CODE 4830–01–P
Foreign Tax Credit: Notification of
Foreign Tax Redeterminations;
Correction
DEPARTMENT OF LABOR
Internal Revenue Service
26 CFR Part 1
Internal Revenue Service (IRS),
Treasury.
ACTION: Correction to notice of proposed
rulemaking by cross-reference to
temporary regulations.
AGENCY:
SUMMARY: This document contains
corrections to a notice of proposed
rulemaking by cross-reference to
temporary regulations (REG–209020–86)
that was published in the Federal
Register on Wednesday, November 7,
2007 (72 FR 62805) relating to a
taxpayer’s obligation under section
905(c) of the Internal Revenue Code to
notify IRS of a foreign tax
redetermination and also relating to the
civil penalty under section 6689 for
failure to notify the IRS of a foreign tax
redetermination as required under
section 905(c).
FOR FURTHER INFORMATION CONTACT:
Teresa Burridge Hughes at (202) 622–
3850 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The correction notice that is the
subject of this document is under
PO 00000
Frm 00015
Fmt 4702
Sfmt 4702
Employee Benefits Security
Administration
29 CFR Part 2560
RIN 1210–AB24
Civil Penalties Under ERISA Section
502(c)(4)
Employee Benefits Security
Administration, Labor.
ACTION: Proposed regulation.
AGENCY:
SUMMARY: This document contains a
proposed regulation that, upon
adoption, would establish procedures
relating to the assessment of civil
penalties by the Department of Labor
under section 502(c)(4) of the Employee
Retirement Income Security Act of 1974
(ERISA or the Act). The regulation is
necessary to reflect recent amendments
to section 502(c)(4) by the Pension
Protection Act of 2006, under which the
Secretary of Labor is granted authority
to assess civil penalties not to exceed
$1,000 per day for each violation of
section 101(j), (k), or (l), or section
514(e)(3) of ERISA. The regulation
would affect employee benefit plans,
E:\FR\FM\19DEP1.SGM
19DEP1
]]>Agencies
[Federal Register Volume 72, Number 243 (Wednesday, December 19, 2007)]
[Proposed Rules]
[Page 71842]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-24673]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-209020-86]
RIN 1545-AC09
Foreign Tax Credit: Notification of Foreign Tax Redeterminations;
Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correction to notice of proposed rulemaking by cross-reference
to temporary regulations.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to a notice of proposed
rulemaking by cross-reference to temporary regulations (REG-209020-86)
that was published in the Federal Register on Wednesday, November 7,
2007 (72 FR 62805) relating to a taxpayer's obligation under section
905(c) of the Internal Revenue Code to notify IRS of a foreign tax
redetermination and also relating to the civil penalty under section
6689 for failure to notify the IRS of a foreign tax redetermination as
required under section 905(c).
FOR FURTHER INFORMATION CONTACT: Teresa Burridge Hughes at (202) 622-
3850 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The correction notice that is the subject of this document is under
section 905(c) of the Internal Revenue Code.
Need for Correction
As published, the notice of proposed rulemaking by cross-reference
to temporary regulations (REG-209020-86) contain errors that may prove
to be misleading and are in need of clarification.
Correction of Publication
Accordingly, the publication of the notice of proposed rulemaking
by cross-reference to the temporary regulations (REG-209020-86), which
was the subject of FR Doc. E7-21727, is corrected as follows:
1. On page 62806, column 1, in the preamble, under the caption
``ADDRESSES:'', line 8, the language ``CC:PA:LPD:PR (REG-209020-90),''
is corrected to read ``CC:PA:LPD:PR (REG-209020-86),''.
Sec. 1.905-5 [Corrected]
2. On page 62807, column 2, Sec. 1.905-5, the word (temporary) is
removed from the end of the section title.
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. E7-24673 Filed 12-18-07; 8:45 am]
BILLING CODE 4830-01-P
