Build-In Gains and Losses Under Section 382(h); Correction, 44138 [2010-18270]
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44138
Federal Register / Vol. 75, No. 144 / Wednesday, July 28, 2010 / Rules and Regulations
PART 408—SPECIAL BENEFITS FOR
CERTAIN WORLD WAR II VETERANS
Subpart J—[Amended]
1. The authority citation for subpart J
of part 408 continues to read as follows:
■
Authority: Secs. 702(a)(5) and 809 of the
Social Security Act (42 U.S.C. 902(a)(5) and
1009).
§ 408.1070
[Corrected]
2. In § 408.1070, amend paragraph
(b)(1) introductory text by removing the
words ‘‘wholly or partially unfavorable’’
and adding in its place the words ‘‘fully
or partially unfavorable’’.
■
Martin Sussman,
Senior Advisor for Regulations.
[FR Doc. 2010–18426 Filed 7–27–10; 8:45 am]
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Correction of Publication
Accordingly, 26 CFR part 1 is
corrected by making the following
correcting amendments:
■
PART 1—INCOME TAXES
Paragraph 1.The authority citation for
part 1 continues to read in part as
follows:
■
Authority: 26 U.S.C. 7805 * * *.
Par. 2. Section 1.382–2T is amended
by revising the headings of paragraph
(h)(4)(vii)(A) and paragraph (h)(4)(x)(J)
to read as follows:
■
BILLING CODE 4191–02–P
§ 1.382–2T Definition of ownership change
under section 382, as amended by the tax
Reform Act of 1986 (temporary).
DEPARTMENT OF THE TREASURY
*
*
*
*
*
(h) * * *
(4) * * *
(vii) * * *
(A) Right or obligation to issue stock.
* * *
*
*
*
*
*
(x) * * *
(J) Title 11 or similar case. * * *
*
*
*
*
*
Internal Revenue Service
26 CFR Part 1
[TD 9487]
RIN 1545–BG03
Build-In Gains and Losses Under
Section 382(h); Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Correcting amendment.
AGENCY:
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. 2010–18270 Filed 7–27–10; 8:45 am]
Authority: 39 U.S.C. 503; 3622; 3631;
3642; 3682.
AGENCY:
sroberts on DSKD5P82C1PROD with RULES
The final regulations (TD 9487) that
are the subject of this document are
under section 382 of the Internal
Revenue Code.
Need for Correction
As published, the final regulations
(TD 9487) contain errors that may prove
to be misleading and are in need of
clarification.
VerDate Mar<15>2010
16:31 Jul 27, 2010
Jkt 220001
By the Commission.
Shoshana M. Grove,
Secretary.
[Docket Nos. MC2010–21; CP2010–36 and
MC2010–20]
This correction is effective on
July 28, 2010, and is applicable on June
16, 2010.
FOR FURTHER INFORMATION CONTACT:
Keith E. Stanley, (202) 622–7750 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
Administrative practice and
procedure; Postal Service.
30 CFR Part 3020
BILLING CODE 4830–01–P
DATES:
List of Subjects in 39 CFR Part 3020
For the reasons discussed in the
preamble, the Postal Regulatory
Commissin amends chapter III of title 39
of the Code of Federal Regulations as
follows:
■ 1. The authority citation for part 3020
continues to read as follows:
This document contains
correcting amends to IRS’ regulations
providing guidance regarding the
treatment of prepaid income under the
built-in gain provisions of section
382(h). These errors were made when
the agency published final regulations
(TD 9487) in the Federal Register on
Wednesday, June 16, 2010 (75 FR
33990).
SUMMARY:
at stephen.sharfman@prc.gov or 202–
789–6820.
SUPPLEMENTARY INFORMATION: This
document identifies recent updates to
the product lists, which appear as 39
CFR Appendix A to Subpart A of Part
3020–Mail Classification Schedule.
Publication of updated product lists in
the Federal Register is required by the
Postal Accountability and Enhancement
Act (PAEA) of 2006.
Authorization. The Commission
process for periodic publication of
updates was established in Order No.
445, April 22, 2010.
Changes. Since publication of the
product lists in the Federal Register on
March 16, 2010 (75 FR 12445), the
following additions to the competitive
product list have been made:
• Reseller Expedited Package Services
1 (MC2010–21 and CP2010–36), added
April 22, 2010 (Order No. 445); and
• Post Office Box Service (MC2010–
20), added June 17, 2010 (Order No.
473).
Updated product lists. The referenced
changes to the product lists are included
in the product lists following the
Secretary’s signature.
POSTAL REGULATORY COMMISSION
Postal Regulatory Commission.
Final rule.
The Commission is updating
postal product lists. This action reflects
the disposition of recent dockets, as set
out in two Commission orders, and
adoption of a publication policy. The
publication policy assumes periodic
updates. The updates are identified in
the body of this document. The product
lists, which are re-published in their
entirety, include these updates.
DATES: Effective Date: July 28, 2010.
Applicability Date: April 22, 2010
(GREPS 1) and June 17, 2010 (Post
Office Box Service).
FOR FURTHER INFORMATION CONTACT:
Stephen L. Sharfman, General Counsel,
SUMMARY:
PO 00000
Frm 00074
Fmt 4700
Sfmt 4700
2. Revise Appendix A to Subpart A of
Part 3020–Mail Classification Schedule
to read as follows:
■
New Postal Products
ACTION:
■
Appendix A to Subpart A of Part
3020—Mail Classification Schedule
Part A—Market Dominant Products
1000 Market Dominant Product List
First-Class Mail
Single-Piece Letters/Postcards
Bulk Letters/Postcards
Flats
Parcels
Outbound Single-Piece First-Class Mail
International
Inbound Single-Piece First-Class Mail
International
Standard Mail (Regular and Nonprofit)
High Density and Saturation Letters
High Density and Saturation Flats/Parcels
Carrier Route
E:\FR\FM\28JYR1.SGM
28JYR1
]]>Agencies
[Federal Register Volume 75, Number 144 (Wednesday, July 28, 2010)]
[Rules and Regulations]
[Page 44138]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-18270]
=======================================================================
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9487]
RIN 1545-BG03
Build-In Gains and Losses Under Section 382(h); Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correcting amendment.
-----------------------------------------------------------------------
SUMMARY: This document contains correcting amends to IRS' regulations
providing guidance regarding the treatment of prepaid income under the
built-in gain provisions of section 382(h). These errors were made when
the agency published final regulations (TD 9487) in the Federal
Register on Wednesday, June 16, 2010 (75 FR 33990).
DATES: This correction is effective on July 28, 2010, and is applicable
on June 16, 2010.
FOR FURTHER INFORMATION CONTACT: Keith E. Stanley, (202) 622-7750 (not
a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9487) that are the subject of this
document are under section 382 of the Internal Revenue Code.
Need for Correction
As published, the final regulations (TD 9487) contain errors that
may prove to be misleading and are in need of clarification.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and recordkeeping requirements.
Correction of Publication
0
Accordingly, 26 CFR part 1 is corrected by making the following
correcting amendments:
PART 1--INCOME TAXES
0
Paragraph 1.The authority citation for part 1 continues to read in part
as follows:
Authority: 26 U.S.C. 7805 * * *.
0
Par. 2. Section 1.382-2T is amended by revising the headings of
paragraph (h)(4)(vii)(A) and paragraph (h)(4)(x)(J) to read as follows:
Sec. 1.382-2T Definition of ownership change under section 382, as
amended by the tax Reform Act of 1986 (temporary).
* * * * *
(h) * * *
(4) * * *
(vii) * * *
(A) Right or obligation to issue stock. * * *
* * * * *
(x) * * *
(J) Title 11 or similar case. * * *
* * * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2010-18270 Filed 7-27-10; 8:45 am]
BILLING CODE 4830-01-P
