Guidance Regarding Deferred Discharge of Indebtedness Income of Corporations and Deferred Original Issue Discount Deductions, 57163 [C1-2010-20060]

Download as PDF Federal Register / Vol. 75, No. 181 / Monday, September 20, 2010 / Rules and Regulations A small business guide on complying with fruit, vegetable, and specialty crop marketing agreements and orders may be viewed at: https://www.ams.usda.gov/ AMSv1.0/ams.fetchTemplate Data.do?template=TemplateN&page= MarketingOrdersSmallBusinessGuide. Any questions about the compliance guide should be sent to Antoinette Carter at the previously mentioned address in the FOR FURTHER INFORMATION CONTACT section. After consideration of all relevant material presented, including the information and recommendation submitted by the Board and other available information, it is hereby found that this rule, as hereinafter set forth, will tend to effectuate the declared policy of the Act. Pursuant to 5 U.S.C. 553, it is also found and determined that good cause exists for not postponing the effective date of this rule until 30 days after publication in the Federal Register because the 2010–2011 fiscal period begins October 1, 2010, and the marketing order requires that the rate of assessment for each fiscal period apply to all assessable tart cherries handled during such fiscal period and the Board incurs expenses on a continuing basis. Further, handlers are aware of this action which was unanimously recommended by the Board at a public meeting. Also, a 60-day comment period was provided for the proposed rule. List of Subjects in 7 CFR Part 930 Marketing agreements, Reporting and recordkeeping requirements, Tart cherries. For the reasons set forth in the preamble, 7 CFR part 930 is amended as follows: PART 930—TART CHERRIES GROWN IN THE STATES OF MICHIGAN, NEW YORK, PENNSYLVANIA, OREGON, UTAH, WASHINGTON, AND WISCONSIN 1. The authority citation for 7 CFR part 930 continues to read as follows: ■ Authority: 7 U.S.C. 601–674. 2. Section 930.200 is revised to read as follows: ■ jdjones on DSK8KYBLC1PROD with RULES § 930.200 On and after October 1, 2010, the assessment rate imposed on handlers shall be $0.0075 per pound of tart cherries grown in the production area and utilized in the production of tart cherry products. Included in this rate is $0.005 per pound of cherries to cover the cost of the research and promotion program and $0.0025 per pound of 13:28 Sep 17, 2010 OFFICE OF THE DIRECTOR OF NATIONAL INTELLIGENCE Dated: September 13, 2010. David R. Shipman, Acting Administrator, Agricultural Marketing Service. 32 CFR Part 1701 [FR Doc. 2010–23336 Filed 9–17–10; 8:45 am] BILLING CODE 3410–02–P Jkt 220001 Privacy Act Systems of Records Office of the Director of National Intelligence. ACTION: Final rule. AGENCY: The Office of the Director of National Intelligence (ODNI) is issuing a final rule exempting fourteen (14) new systems of records from subsections (c)(3); (d)(1), (2), (3), (4); (e)(1) and (e)(4)(G), (H), (I); and (f) of the Privacy Act, pursuant to 5 U.S.C. 552a(k). The ODNI published a notice and a proposed rule implementing these exemptions on April 2, 2010. The enumerated exemptions will be invoked on a case-by-case basis, as necessary to preclude interference with investigatory, intelligence and counterterrorism functions and responsibilities of the ODNI. This document addresses comments received regarding the proposed rule as applied to the fourteen new systems of records. DATES: This final rule is effective September 20, 2010. FOR FURTHER INFORMATION CONTACT: Mr. John F. Hackett, Director, Information Management, 703–275–2215. SUPPLEMENTARY INFORMATION: SUMMARY: DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 1 and 602 [Docket No. TD–9497] RIN 1545–BI97 Guidance Regarding Deferred Discharge of Indebtedness Income of Corporations and Deferred Original Issue Discount Deductions Correction In rule document 2010–20060 beginning on page 49394 in the issue of Friday, August 13, 2010 make the following corrections: 1. On page 49397, in the third column, the heading should read ‘‘2. Exception for Distributions and Charitable Contributions Consistent with Historical Practice —In General’’. 2. On page 49400, in the third column, in the second full paragraph, in line six ‘‘occurring prior to August 11, 2010 by taking a return position consistent with these provisions’’ should read ‘‘occurring prior to August 11, 2010, by taking a return position consistent with these provisions’’. §1.108(i)–0T [Corrected] 3. On page 49402, in the second column, (b)(2)(i), on the fifth line, ‘‘2010 However, an electing corporation ’’ should read ‘‘2010. However, an electing corporation’’. §1.108(i)–1T Assessment rate. VerDate Mar<15>2010 cherries to cover administrative expenses. 57163 [Corrected] 4. On page 49403, in the first column, (b)(2)(B)(iv), in line six ‘‘deemed dividend all the earnings and’’ should read ‘‘deemed dividend the all earnings and’’. [FR Doc. C1–2010–20060 Filed 9–17–10; 8:45 am] BILLING CODE 1505–01–D PO 00000 Frm 00003 Fmt 4700 Sfmt 4700 Background On April 2, 2010, the Office of the Director of National Intelligence (ODNI) published notice of fourteen new Privacy Act systems of records: Manuscript, Presentation and Resume Review Records (ODNI–01), Executive Secretary Action Management System Records (ODNI–02), Public Affairs Office Records (ODNI–03), Office of Legislative Affairs Records (ODNI–04), ODNI Guest Speaker Records (ODNI– 05), Office of General Counsel Records (ODNI–06), Analytic Resources Catalog (ODNI–07), Intelligence Community Customer Registry Records, (ODNI–09), EEO and Diversity Office Records (ODNI–10), Office of Protocol Records (ODNI–11), IC Security Clearance and Access Approval Repository (ODNI–12), Security Clearance Reform Research Records (ODNI–13), Civil Liberties and Privacy Office Complaint Records (ODNI–14), National Intelligence Council Consultation Records (ODNI– 15). These systems of records contain records that range from Unclassified to Top Secret. Accordingly, in conjunction with publication of these systems notices, the ODNI initiated a rulemaking to exempt the systems, in relevant part, from various provisions of the Privacy E:\FR\FM\20SER1.SGM 20SER1

Agencies

[Federal Register Volume 75, Number 181 (Monday, September 20, 2010)]
[Rules and Regulations]
[Page 57163]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: C1-2010-20060]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 602

[Docket No. TD-9497]
RIN 1545-BI97


Guidance Regarding Deferred Discharge of Indebtedness Income of 
Corporations and Deferred Original Issue Discount Deductions

Correction

    In rule document 2010-20060 beginning on page 49394 in the issue of 
Friday, August 13, 2010 make the following corrections:
    1. On page 49397, in the third column, the heading should read ``2. 
Exception for Distributions and Charitable Contributions Consistent 
with Historical Practice --In General''.
    2. On page 49400, in the third column, in the second full 
paragraph, in line six ``occurring prior to August 11, 2010 by taking a 
return position consistent with these provisions'' should read 
``occurring prior to August 11, 2010, by taking a return position 
consistent with these provisions''.



Sec. 1.108(i)-0T  [Corrected]

    3. On page 49402, in the second column, (b)(2)(i), on the fifth 
line, ``2010 However, an electing corporation '' should read ``2010. 
However, an electing corporation''.



Sec. 1.108(i)-1T  [Corrected]

    4. On page 49403, in the first column, (b)(2)(B)(iv), in line six 
``deemed dividend all the earnings and'' should read ``deemed dividend 
the all earnings and''.

[FR Doc. C1-2010-20060 Filed 9-17-10; 8:45 am]
BILLING CODE 1505-01-D

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