Disregarded Entities and Excise Taxes; Correction, 52708 [E9-24655]

Download as PDF 52708 Federal Register / Vol. 74, No. 197 / Wednesday, October 14, 2009 / Proposed Rules Regulatory Flexibility Act, as amended, is not required. Paperwork Reduction Act This rule does not create any new, or affect any existing, collections, and therefore, does not require OMB approval under the Paperwork Reduction Act. (Catalog of Federal Domestic Assistance Program Nos. 96.001, Social Security— Disability Insurance; 96.002, Social Security—Retirement Insurance; 96.004, Social Security—Survivors Insurance; and 96.006, Supplemental Security Income) PART 416—SUPPLEMENTAL SECURITY INCOME FOR THE AGED, BLIND, AND DISABLED Subpart F—[Amended] 3. The authority citation for subpart F of part 416 is revised to read as follows: Authority: Secs. 702(a)(5), 1631(a)(2) and (d)(1) of the Social Security Act (42 U.S.C. 902(a)(5) and 1383(a)(2) and (d)(1)). 4. Amend § 416.660 by revising the first sentence to read as follows: § 416.660 Transfer of accumulated benefit payments. List of Subjects 20 CFR Part 404 Administrative practice and procedure; Blind; Disability benefits; Old-Age, Survivors, and Disability Insurance; Reporting and recordkeeping requirements; Social Security. A representative payee who has conserved or invested benefit payments shall transfer these funds, and the interest earned from the invested funds, to either a successor payee, to the beneficiary, or to us, as we will specify. * * * [FR Doc. E9–24648 Filed 10–13–09; 8:45 am] BILLING CODE 4191–02–P 20 CFR Part 416 Administrative practice and procedure; Aged, Blind, Disability benefits, Public assistance programs; Reporting and recordkeeping requirements; Supplemental Security Income (SSI). DEPARTMENT OF THE TREASURY Dated: October 2, 2009. Michael J. Astrue, Commissioner of Social Security. RIN 1545–BH90 Internal Revenue Service 4. On page 46958, column 2, in § 301.7701–2, paragraph (e)(5), first line, the language ‘‘[The text of this proposed’’ is corrected to read ‘‘* * * [The text of this proposed’’. 5. On page 46958, column 2, in § 301.7701–2, paragraph (e)(6), first line, the language, ‘‘[The text of this proposed’’ is corrected to read ‘‘* * * [The text of this proposed’’. AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Correction to notice of proposed rulemaking by cross-reference to temporary regulations. This document contains corrections to a notice of proposed rulemaking by cross-reference to temporary regulations (REG–116614–08) that was published in the Federal Register on Monday, September 14, 2009, clarifying that a single-owner eligible entity that is disregarded as an entity separate from its owner for any purpose, but regarded as a separate entity for certain excise tax purposes, is treated as a corporation for tax administration purposes related to those excise taxes. FOR FURTHER INFORMATION CONTACT: Michael H. Beker, (202) 622–3070 (not a toll-free number). SUPPLEMENTARY INFORMATION: SUMMARY: 1. The authority citation for subpart U of part 404 is revised to read as follows: Authority: Secs. 205(a), (j), and (k), and 702(a)(5) of the Social Security Act (42 U.S.C. 405(a), (j), and (k), and 902(a)(5)). 2. Amend § 404.2060 by revising the first sentence to read as follows: cprice-sewell on DSK2BSOYB1PROD with PROPOSALS Accordingly, the publication of the notice of proposed rulemaking by crossreference to temporary regulations (REG–116614–08), which was the subject of FR Doc. E9–21986, is corrected as follows: 1. On page 46958, column 2, instructional paragraph 2, item number 4, the language ‘‘4. Revising paragraphs (e)(2), (e)(5) and (e)(6).’’ is corrected to read ‘‘4. Revising paragraph (e)(2).’’. 2. On page 46958, column 2, new item number 5 is added to read ‘‘5. Adding two sentences at the end of paragraph (e)(5).’’. 3. On page 46958, column 2, instructional paragraph 2, new item number 6 is added to read ‘‘6. Adding one sentence at the end of paragraph (e)(6).’’. § 301.7701–2 Disregarded Entities and Excise Taxes; Correction Subpart U—[Amended] § 404.2060 Transfer of accumulated benefit payments. A representative payee who has conserved or invested benefit payments shall transfer these funds and the interest earned from the invested funds to either a successor payee, to the beneficiary, or to us, as we will specify. * * * Jkt 220001 Correction of Publication [REG–116614–08] PART 404—FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950– ) 15:31 Oct 13, 2009 As published on Monday, September 14, 2009 (74 FR 46957), the notice of proposed rulemaking by cross-reference to temporary regulations (REG–116614– 08) contains errors that may prove to be misleading and are in need of clarification. 26 CFR Part 301 For the reasons set out in the preamble, we propose to amend subpart U of part 404 and subpart F of part 416 of chapter III of title 20 Code of Federal Regulations as set forth below: VerDate Nov<24>2008 Need for Correction Background The correction notice that is the subject of this document is under section 7701 of the Internal Revenue Code. PO 00000 Frm 00012 Fmt 4702 Sfmt 4702 [Corrected] Diane O. Williams, Federal Register Liaison, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration). [FR Doc. E9–24655 Filed 10–13–09; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF LABOR Mine Safety and Health Administration 30 CFR Parts 70, 71 and 90 RIN 1219–AB48 Respirable Coal Mine Dust: Continuous Personal Dust Monitor (CPDM) AGENCY: Mine Safety and Health Administration (MSHA), Labor. ACTION: Request for information. SUMMARY: This document requests information related to the use of the E:\FR\FM\14OCP1.SGM 14OCP1

Agencies

[Federal Register Volume 74, Number 197 (Wednesday, October 14, 2009)]
[Proposed Rules]
[Page 52708]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-24655]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 301

[REG-116614-08]
RIN 1545-BH90


Disregarded Entities and Excise Taxes; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking by cross-reference 
to temporary regulations.

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SUMMARY: This document contains corrections to a notice of proposed 
rulemaking by cross-reference to temporary regulations (REG-116614-08) 
that was published in the Federal Register on Monday, September 14, 
2009, clarifying that a single-owner eligible entity that is 
disregarded as an entity separate from its owner for any purpose, but 
regarded as a separate entity for certain excise tax purposes, is 
treated as a corporation for tax administration purposes related to 
those excise taxes.

FOR FURTHER INFORMATION CONTACT: Michael H. Beker, (202) 622-3070 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The correction notice that is the subject of this document is under 
section 7701 of the Internal Revenue Code.

Need for Correction

    As published on Monday, September 14, 2009 (74 FR 46957), the 
notice of proposed rulemaking by cross-reference to temporary 
regulations (REG-116614-08) contains 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 temporary regulations (REG-116614-08), which was 
the subject of FR Doc. E9-21986, is corrected as follows:
    1. On page 46958, column 2, instructional paragraph 2, item number 
4, the language ``4. Revising paragraphs (e)(2), (e)(5) and (e)(6).'' 
is corrected to read ``4. Revising paragraph (e)(2).''.
    2. On page 46958, column 2, new item number 5 is added to read ``5. 
Adding two sentences at the end of paragraph (e)(5).''.
    3. On page 46958, column 2, instructional paragraph 2, new item 
number 6 is added to read ``6. Adding one sentence at the end of 
paragraph (e)(6).''.


Sec.  301.7701-2  [Corrected]

    4. On page 46958, column 2, in Sec.  301.7701-2, paragraph (e)(5), 
first line, the language ``[The text of this proposed'' is corrected to 
read ``* * * [The text of this proposed''.
    5. On page 46958, column 2, in Sec.  301.7701-2, paragraph (e)(6), 
first line, the language, ``[The text of this proposed'' is corrected 
to read ``* * * [The text of this proposed''.

Diane O. Williams,
Federal Register Liaison, Publications and Regulations Branch, Legal 
Processing Division, Associate Chief Counsel, (Procedure and 
Administration).
[FR Doc. E9-24655 Filed 10-13-09; 8:45 am]
BILLING CODE 4830-01-P

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