Corporate Reorganizations; Distributions Under Sections 368(a)(1)(D) and 354(b)(1)(B); Correction, 3160 [2010-869]
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ACTION:
Federal Register / Vol. 75, No. 12 / Wednesday, January 20, 2010 / Rules and Regulations
Correcting amendment.
DEPARTMENT OF THE TREASURY
SUMMARY: This document contains a
correction to final regulations (TD 9475)
that were published in the Federal
Register on Friday, December 18, 2009
(74 FR 67053) providing guidance
regarding the qualification of certain
transactions as reorganizations
described in section 368(a)(1)(D) where
no stock and/or securities of the
acquiring corporation is issued and
distributed in the transaction.
DATES: This correction is effective on
January 20, 2010, and is applicable on
December 18, 2009.
FOR FURTHER INFORMATION CONTACT:
Bruce A. Decker, (202) 622–7790 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9475) that
are the subject of this document are
under sections 358, 368 and 1502 of the
Internal Revenue Code.
Need for Correction
As published, the final regulations
(TD 9475) contain an error that may
prove to be misleading and is in need
of clarification.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Correction of Publication
Authority: 26 U.S.C. 7805 * * *
Par. 2. Section 1.368–2 is amended by
revising paragraph (l)(2)(iv) to read as
follows:.
■
Definition of terms.
*
*
*
*
(l) * * *
(2) * * *
(iv) Exception. Paragraph (l)(2) of this
section does not apply to a transaction
otherwise described in § 1.358–6(b)(2).
*
*
*
*
*
pwalker on DSK8KYBLC1PROD with RULES
*
Guy R. Traynor,
Acting Chief, Publications and Regulations
Branch, Legal Processing Division, Associate
Chief Counsel, (Procedure and
Administration).
VerDate Nov<24>2008
15:59 Jan 19, 2010
Jkt 220001
[TD 9475]
[FR Doc. 2010–869 Filed 1–19–10; 8:45 am]
RIN 1545–BF83
BILLING CODE 4830–01–P
Corporate Reorganizations;
Distributions Under Sections
368(a)(1)(D) and 354(b)(1)(B);
Correction
DEPARTMENT OF JUSTICE
Internal Revenue Service (IRS),
Treasury.
ACTION: Correction to final regulations.
AGENCY:
This document contains
corrections to final regulations (TD
9475) that were published in the
Federal Register on Friday, December
18, 2009 (74 FR 67053) providing
guidance regarding the qualification of
certain transactions as reorganizations
described in section 368(a)(1)(D) where
no stock and/or securities of the
acquiring corporation is issued and
distributed in the transaction.
DATES: This correction is effective on
January 20, 2010, and is applicable on
December 18, 2009.
FOR FURTHER INFORMATION CONTACT:
Bruce A. Decker, (202) 622–7790 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
SUMMARY:
Need for Correction
Paragraph 1. The authority citation
for part 1 continues to read in part as
follows:
■
BILLING CODE 4830–01–P
26 CFR Part 1
The final regulations (TD 9475) that
are the subject of this document are
under sections 358, 368 and 1502 of the
Internal Revenue Code.
PART 1—INCOME TAXES
[FR Doc. 2010–866 Filed 1–19–10; 8:45 am]
Guy R. Traynor,
Acting Chief, Publications and Regulations
Branch, Legal Processing Division, Associate
Chief Counsel, Procedure and
Administration.
Background
Accordingly, 26 CFR part 1 is
corrected by making the following
correcting amendment:
■
§ 1.368–2
Internal Revenue Service
and replaced with the language ‘‘the rule
that if the same person or’’ in its place.
As published, the final regulations
(TD 9475) contain errors that may prove
to be misleading and are in need of
clarification.
Correction of Publication
Accordingly, the publication of the
final regulations (TD 9475), which were
the subject of FR Doc. E9–30170, is
corrected as follows:
1. On page 67054, column 1, in the
preamble, under the paragraph heading
‘‘Background’’, line 12 from the bottom
of the column, the language ‘‘transaction
if the same persons or’’ is removed and
replaced with the language ‘‘transaction
if the same person or’’ in its place.
2. On page 67055, column 2, in the
preamble, under the paragraph heading
‘‘Issuance of Nominal Share’’, line 9
from the bottom of the third paragraph
of the column, the language ‘‘the rule
that if the same persons or’’ is removed
PO 00000
Frm 00036
Fmt 4700
Sfmt 4700
Bureau of Alcohol, Tobacco, Firearms,
and Explosives
27 CFR Part 555
[Docket No. ATF 15F; AG Order No. 3133–
2010]
RIN 1140–AA30
Commerce in Explosives—Storage
of Shock Tube With Detonators
(2005R–3P)
AGENCY: Bureau of Alcohol, Tobacco,
Firearms, and Explosives (ATF),
Department of Justice.
ACTION: Final rule.
SUMMARY: The Department of Justice is
amending the regulations of the Bureau
of Alcohol, Tobacco, Firearms, and
Explosives (ATF) by allowing shock
tube to be stored with detonators
because these materials when stored
together do not pose a mass detonation
hazard. Shock tube is a small diameter
plastic laminate tube coated with a very
thin layer of explosive material. When
initiated, it transmits a low energy wave
from one point to another. The outer
surface of the tube remains intact during
and after functioning.
DATES: This rule is effective March 22,
2010.
FOR FURTHER INFORMATION CONTACT:
James P. Ficaretta, Enforcement
Programs and Services, Bureau of
Alcohol, Tobacco, Firearms, and
Explosives, U.S. Department of Justice,
99 New York Avenue, NE., Washington,
DC 20226; telephone: (202) 648–7094.
SUPPLEMENTARY INFORMATION:
I. Background
ATF is responsible for implementing
Title XI, Regulation of Explosives (18
United States Code (U.S.C.) chapter 40),
of the Organized Crime Control Act of
1970. One of the stated purposes of the
Act is to reduce the hazards to persons
and property arising from misuse and
unsafe or insecure storage of explosive
materials. Under section 847 of title 18,
U.S.C., the Attorney General ‘‘may
prescribe such rules and regulations as
E:\FR\FM\20JAR1.SGM
20JAR1
]]>Agencies
[Federal Register Volume 75, Number 12 (Wednesday, January 20, 2010)]
[Rules and Regulations]
[Page 3160]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-869]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9475]
RIN 1545-BF83
Corporate Reorganizations; Distributions Under Sections
368(a)(1)(D) and 354(b)(1)(B); Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correction to final regulations.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to final regulations (TD
9475) that were published in the Federal Register on Friday, December
18, 2009 (74 FR 67053) providing guidance regarding the qualification
of certain transactions as reorganizations described in section
368(a)(1)(D) where no stock and/or securities of the acquiring
corporation is issued and distributed in the transaction.
DATES: This correction is effective on January 20, 2010, and is
applicable on December 18, 2009.
FOR FURTHER INFORMATION CONTACT: Bruce A. Decker, (202) 622-7790 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9475) that are the subject of this
document are under sections 358, 368 and 1502 of the Internal Revenue
Code.
Need for Correction
As published, the final regulations (TD 9475) contain errors that
may prove to be misleading and are in need of clarification.
Correction of Publication
Accordingly, the publication of the final regulations (TD 9475),
which were the subject of FR Doc. E9-30170, is corrected as follows:
1. On page 67054, column 1, in the preamble, under the paragraph
heading ``Background'', line 12 from the bottom of the column, the
language ``transaction if the same persons or'' is removed and replaced
with the language ``transaction if the same person or'' in its place.
2. On page 67055, column 2, in the preamble, under the paragraph
heading ``Issuance of Nominal Share'', line 9 from the bottom of the
third paragraph of the column, the language ``the rule that if the same
persons or'' is removed and replaced with the language ``the rule that
if the same person or'' in its place.
Guy R. Traynor,
Acting Chief, Publications and Regulations Branch, Legal Processing
Division, Associate Chief Counsel, Procedure and Administration.
[FR Doc. 2010-869 Filed 1-19-10; 8:45 am]
BILLING CODE 4830-01-P
