Unified Rule for Loss on Subsidiary Stock, 53793 [E8-21005]

Download as PDF Federal Register / Vol. 73, No. 181 / Wednesday, September 17, 2008 / Proposed Rules production. The representative sample shall consist of primary containers of product or unit packages of product. If any coliform organisms are detected, followup testing must be conducted to determine whether any of the coliform organisms are E. coli. * * * * * PART 165—BEVERAGES 4. The authority citation for 21 CFR part 165 continues to read as follows: Authority: 21 U.S.C. 321, 341, 343, 343–1, 348, 349, 371, 379e. 5. Section 165.110 is amended by revising paragraphs (b)(2), (c)(1), and (d) to read as follows: § 165.110 Bottled water. pwalker on PROD1PC71 with PROPOSALS * * * * * (b) * * * (2) Microbiological quality. (i) Bottled water shall, when a sample consisting of analytical units of equal volume is examined by the methods described in paragraph (b)(2)(ii) of this section, meet the following standards of microbiological quality: (A) Total coliform. (1) Multiple-tube fermentation (MTF) method. Not more than one of the analytical units in the sample shall have a most probable number (MPN) of 2.2 or more coliform organisms per 100 milliliters and no analytical unit shall have an MPN of 9.2 or more coliform organisms per 100 milliliters; or (2) Membrane filter (MF) method. Not more than one of the analytical units in the sample shall have 4.0 or more coliform organisms per 100 milliliters and the arithmetic mean of the coliform density of the sample shall not exceed one coliform organism per 100 milliliters. (B) E. coli. No E. coli shall be detected. If E. coli is present, then the bottled water will be deemed adulterated under paragraph (d) of this section. (ii) Analyses conducted to determine compliance with paragraphs (b)(2)(i)(A) and (b)(2)(i)(B) of this section and § 129.35(a)(3)(i) of this chapter shall be made in accordance with the multipletube fermentation (MTF) or the membrane filter (MF) method described in the applicable sections of ‘‘Standard Methods for the Examination of Water and Wastewater,’’ 20th Ed. (1998), American Public Health Association. The Director of the Federal Register approves this incorporation by reference in accordance with 5 U.S.C. 552(a) and 1 CFR part 51. You may obtain a copy from the American Public Health Association, 800 I St. NW., Washington, DC 20001. You may inspect a copy at VerDate Aug<31>2005 17:08 Sep 16, 2008 Jkt 214001 the Center for Food Safety and Applied Nutrition’s Library, 5100 Paint Branch Pkwy., College Park, MD 20740, or at the National Archives and Records Administration (NARA). For information on the availability of this material at NARA, call 202–741–6030, or go to: https://www.archives.gov/ federal_register/ code_of_federal_regulations/ ibr_locations.html. * * * * * (c) * * * (1) ‘‘Contains Excessive Bacteria’’ if the bottled water fails to meet the requirements of paragraph (b)(2)(i)(A) of this section. * * * * * (d) Adulteration. Bottled water containing a substance at a level considered injurious to health under section 402(a)(1) of the act, or that consists in whole or in part of any filthy, putrid, or decomposed substance, or that is otherwise unfit for food under section 402(a)(3) of the act is deemed to be adulterated, regardless of whether or not the water bears a label statement of substandard quality prescribed by paragraph (c) of this section. If E. coli is present in bottled water, then the bottled water will be deemed adulterated under section 402(a)(3) of the act. Dated: September 10, 2008. Jeffrey Shuren, Associate Commissioner for Policy and Planning. [FR Doc. E8–21619 Filed 9–16–08; 8:45 am] BILLING CODE 4160–01–S DEPARTMENT OF THE TREASURY Internal Revenue Service 53793 SUPPLEMENTARY INFORMATION: Background and Explanation of Provisions On January 23, 2007, the IRS and Treasury Department published a notice of proposed rulemaking in the Federal Register (72 FR 2964) under § 1.1502–36 (Unified Loss Rule). The proposed regulations provided rules under § 1.1502–13(e)(4) that would suspend the application of section 362(e)(2) in the case of intercompany transactions. The proposed regulations also provided rules under § 1.1502–32(c)(1)(ii) relating to the treatment of items attributable to property transferred in an intercompany section 362(e)(2) transaction. After consideration of the comments received responding to the notice of proposed rulemaking, the IRS and Treasury Department have concluded that the proposed rules would not be promulgated and, instead, that final regulations would make section 362(e)(2) generally inapplicable to intercompany transactions. Accordingly, §§ 1.1502–13(e)(4) and 1.1502–32(c)(1)(ii) of the proposed regulations are hereby withdrawn. List of Subjects in 26 CFR Part 1 Income taxes, Reporting and recordkeeping requirements. Partial Withdrawal of Proposed Regulations Accordingly, under the authority of 26 U.S.C. 7805, proposed §§ 1.1502– 13(e)(4) and 1.1502–32(c)(1)(ii) published in the Federal Register on January 23, 2007 are withdrawn. Linda E. Stiff, Deputy Commissioner for Services and Enforcement. [FR Doc. E8–21005 Filed 9–9–08; 4:15 pm] BILLING CODE 4830–01–P 26 CFR Part 1 RIN 1545–BB67 [REG–157711–02] DEPARTMENT OF THE INTERIOR Unified Rule for Loss on Subsidiary Stock Minerals Management Service Internal Revenue Service (IRS), Treasury. ACTION: Partial withdrawal of notice of proposed rulemaking. AGENCY: This document withdraws proposed regulations relating to the application of section 362(e)(2) to intercompany transactions and to certain modifications to the investment adjustment rules. FOR FURTHER INFORMATION CONTACT: Marcie P. Barese, (202) 622–7790 (not a toll-free number). SUMMARY: PO 00000 Frm 00030 Fmt 4702 Sfmt 4702 30 CFR Part 250 [Docket ID: MMS–2008–OMM–0023] RIN 1010–AD50 Technical Changes to Production Measurement and Training Requirements Minerals Management Service (MMS), Interior. ACTION: Proposed rule. AGENCY: SUMMARY: This proposed rule would revise the production measurement regulations to establish meter proving, E:\FR\FM\17SEP1.SGM 17SEP1

Agencies

[Federal Register Volume 73, Number 181 (Wednesday, September 17, 2008)]
[Proposed Rules]
[Page 53793]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-21005]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

RIN 1545-BB67
[REG-157711-02]


Unified Rule for Loss on Subsidiary Stock

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Partial withdrawal of notice of proposed rulemaking.

-----------------------------------------------------------------------

SUMMARY: This document withdraws proposed regulations relating to the 
application of section 362(e)(2) to intercompany transactions and to 
certain modifications to the investment adjustment rules.

FOR FURTHER INFORMATION CONTACT: Marcie P. Barese, (202) 622-7790 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background and Explanation of Provisions

    On January 23, 2007, the IRS and Treasury Department published a 
notice of proposed rulemaking in the Federal Register (72 FR 2964) 
under Sec.  1.1502-36 (Unified Loss Rule). The proposed regulations 
provided rules under Sec.  1.1502-13(e)(4) that would suspend the 
application of section 362(e)(2) in the case of intercompany 
transactions. The proposed regulations also provided rules under Sec.  
1.1502-32(c)(1)(ii) relating to the treatment of items attributable to 
property transferred in an intercompany section 362(e)(2) transaction.
    After consideration of the comments received responding to the 
notice of proposed rulemaking, the IRS and Treasury Department have 
concluded that the proposed rules would not be promulgated and, 
instead, that final regulations would make section 362(e)(2) generally 
inapplicable to intercompany transactions. Accordingly, Sec. Sec.  
1.1502-13(e)(4) and 1.1502-32(c)(1)(ii) of the proposed regulations are 
hereby withdrawn.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Partial Withdrawal of Proposed Regulations

    Accordingly, under the authority of 26 U.S.C. 7805, proposed 
Sec. Sec.  1.1502-13(e)(4) and 1.1502-32(c)(1)(ii) published in the 
Federal Register on January 23, 2007 are withdrawn.

Linda E. Stiff,
Deputy Commissioner for Services and Enforcement.
 [FR Doc. E8-21005 Filed 9-9-08; 4:15 pm]
BILLING CODE 4830-01-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.