Guidance Under Section 1502; Amendment of Matching Rule for Certain Gains on Member Stock; Correction, 17781-17782 [2011-7506]
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17781
Federal Register / Vol. 76, No. 62 / Thursday, March 31, 2011 / Rules and Regulations
4. Section 1310.09 is amended by
adding new paragraph (l) to read as
follows:
PART 1310—RECORDS AND
REPORTS OF LISTED CHEMICALS
AND CERTAIN MACHINES
■
1. The authority citation for part 1310
continues to read as follows:
§ 1310.09 Temporary exemption from
registration.
■
*
Authority: 21 U.S.C. 802, 827(h), 830,
871(b), 890.
2. Section 1310.02 is amended by
adding a new paragraph (a)(30) to read
as follows:
■
§ 1310.02
Substances covered.
*
*
*
*
*
(a) * * *
(30) Ergocristine and its salts 8612
*
*
*
*
*
■ 3. Section 1310.04 is amended by
redesignating paragraphs (g)(1)(ii)
through (g)(1)(ix) as paragraphs
(g)(1)(iii) through (g)(1)(x), and adding a
new paragraph (g)(1)(ii) to read as
follows:
§ 1310.04
Maintenance of records.
*
*
*
*
*
(g) * * *
(1) * * *
(iii) Ergocristine and its salts
*
*
*
*
*
*
*
*
*
(l)(1) Each person required under
sections 302 and 1007 of the Act
(21 U.S.C. 822, 957) to obtain a
registration to manufacture, distribute,
import, or export regulated ergocristine
and its salts, including regulated
chemical mixtures pursuant to
§ 1310.12, is temporarily exempted from
the registration requirement, provided
that DEA receives a properly completed
application for registration or
application for exemption for a
chemical mixture containing
ergocristine and its salts pursuant to
§ 1310.13 on or before May 2, 2011. The
exemption will remain in effect for each
person who has made such application
until the Administration has approved
or denied that application. This
exemption applies only to registration;
all other chemical control requirements
set forth in the Act and parts 1309,
1310, 1313, and 1316 of this chapter
remain in full force and effect.
(2) Any person who manufactures,
distributes, imports, or exports a
chemical mixture containing
ergocristine and its salts whose
application for exemption is
subsequently denied by DEA must
obtain a registration with DEA. A
temporary exemption from the
registration requirement will also be
provided for those persons whose
applications for exemption are denied,
provided that DEA receives a properly
completed application for registration
on or before 30 days following the date
of official DEA notification that the
application for exemption has been
denied. The temporary exemption for
such persons will remain in effect until
DEA takes final action on their
registration application.
5. Section 1310.12 is amended by
adding in alphabetical order an entry
‘‘Ergocristine and its salts’’ in the table
‘‘Table of Concentration Limits’’ to read
as follows:
■
§ 1310.12
*
Exempt chemical mixtures.
*
*
(c) * * *
*
*
TABLE OF CONCENTRATION LIMITS
DEA chemical
code No.
Concentration
Special conditions
*
Not exempt at any concentration.
*
*
*
Chemical mixtures containing any amount of ergocristine
and its salts are not exempt.
List I Chemicals
*
*
Ergocristine and its salts ........
*
*
*
*
8612
*
*
*
*
*
ACTION:
Dated: March 21, 2011.
Michele M. Leonhart,
Administrator.
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9515]
RIN 1545–BH20
jdjones on DSK8KYBLC1PROD with RULES_2
Correcting amendment.
This document describes
correcting amends to final and
temporary regulations concerning the
treatment of certain intercompany gain
with respect to stock owned by
members of a consolidated group. These
regulations provide for the
redetermination of intercompany gain as
excluded from gross income in certain
transactions involving stock transfers
between members of a consolidated
group. These errors were made when
the agency published final and
temporary regulations (TD 9515) in the
Federal Register on Friday, March 4,
2011 (76 FR 11956).
BILLING CODE 4410–09–P
Guidance Under Section 1502;
Amendment of Matching Rule for
Certain Gains on Member Stock;
Correction
This correction is effective on
March 31, 2011, and is applicable on
March 4, 2011.
DATES:
Internal Revenue Service (IRS),
Treasury.
AGENCY:
13:25 Mar 30, 2011
*
SUMMARY:
[FR Doc. 2011–7548 Filed 3–30–11; 8:45 am]
VerDate Mar<15>2010
*
Jkt 223001
John
F. Tarrant, (202) 622–7790 or Lawrence
FOR FURTHER INFORMATION CONTACT:
PO 00000
Frm 00027
Fmt 4700
Sfmt 4700
*
*
M. Axelrod, (202) 622–7713 (not tollfree numbers).
SUPPLEMENTARY INFORMATION:
Background
The final and temporary regulations
(TD 9515) that are the subject of this
document are under section 1502 of the
Internal Revenue Code.
Need for Correction
As published, the final and temporary
regulations (TD 9515) 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
Accordingly, 26 CFR part 1 is
corrected by making the following
correcting amendments:
E:\FR\FM\31MRR1.SGM
31MRR1
17782
Federal Register / Vol. 76, No. 62 / Thursday, March 31, 2011 / Rules and Regulations
PART 1—INCOME TAXES
DEPARTMENT OF HOMELAND
SECURITY
Paragraph 1. The authority citation
for part 1 continues to read in part as
follows:
Coast Guard
■
33 CFR Part 53
Authority: 26 U.S.C. 7805. * * *
Par. 2. Section 1.1502–13 is amended
by revising paragraphs (c)(6)(ii)(C)(2)
and (c)(6)(ii)(D)(1) to read as follows:
■
§ 1.1502–13
Intercompany transactions.
*
*
*
*
*
(c) * * *
(6) * * *
(ii) * * *
(C) * * *
(2) Effect on earnings and profits and
investment adjustments. Any amount
excluded from gross income under
paragraph (c)(6)(ii)(C)(1) of this section
shall not be taken into account as
earnings and profits of any member and
shall not be treated as tax-exempt
income under § 1.1502–32(b)(2)(ii).
(D) Other amounts. (1) The
Commissioner may determine that
treating S’s intercompany item as
excluded from gross income is
consistent with the purposes of this
section and other applicable provisions
of the Internal Revenue Code,
regulations, and published guidance, if
the following conditions are met,
depending on whether the
intercompany item is an item of income
or an item of gain:
*
*
*
*
*
Par. 3. Section 1.1502–13T is
amended by revising paragraph
(f)(5)(ii)(F)(2) to read as follows:
■
§ 1.1502–13T
(temporary).
Intercompany transactions
jdjones on DSK8KYBLC1PROD with RULES_2
*
*
*
*
*
(f) * * *
(5) * * *
(ii) * * *
(F) * * *
(2) Prior periods. For transactions in
which old T’s liquidation into B occurs
before October 25, 2007, see § 1.1502–
13(f)(5)(ii)(B)(1) and (f)(5)(ii)(B)(2) in
effect prior to October 25, 2007, as
contained in 26 CFR part 1, revised
April 1, 2009.
*
*
*
*
*
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. 2011–7506 Filed 3–30–11; 8:45 am]
BILLING CODE 4830–01–P
VerDate Mar<15>2010
13:25 Mar 30, 2011
Jkt 223001
[USCG–2009–0239]
RIN 1625–AB33
Protection for Whistleblowers in the
Coast Guard
Coast Guard, DHS.
Direct final rule; confirmation of
effective date.
AGENCY:
ACTION:
On December 21, 2010, the
Coast Guard published a direct final
rule that notified the public of the Coast
Guard’s intent to amend its ‘‘Coast
Guard Whistleblower Protection’’
regulations to conform to statutory
protections for all members of the
Armed Forces. We have not received an
adverse comment, or notice of intent to
submit an adverse comment, on this
rule. Therefore, the rule will go into
effect as scheduled.
DATES: The effective date of the direct
final rule published December 21, 2010,
(75 FR 79956), is confirmed as April 20,
2011.
ADDRESSES: The docket for this
rulemaking, USCG–2009–0239, is
available for inspection or copying at
the Docket Management Facility (M–30),
U.S. Department of Transportation,
West Building Ground Floor, Room
W12–140, 1200 New Jersey Avenue, SE.,
Washington, DC 20590, between 9 a.m.
and 5 p.m., Monday through Friday,
except Federal holidays. You may also
find this docket on the Internet by going
to https://www.regulations.gov, typing
USCG–2009–0239 in the ‘‘Keyword’’
box, and then clicking ‘‘Search.’’
FOR FURTHER INFORMATION CONTACT: If
you have questions on this notice,
e-mail or call Commander Michael
Cavallaro, U.S. Coast Guard Office of
General Law, telephone 202–372–3777,
e-mail Michael.S.Cavallaro@uscg.mil. If
you have questions on viewing or
submitting material to the docket, call
Renee V. Wright, Program Manager,
Docket Operations, telephone 202–366–
9826.
SUPPLEMENTARY INFORMATION: On
December 21, 2010, we published a
direct final rule entitled ‘‘Protection for
Whistleblowers in the Coast Guard’’ in
the Federal Register. (75 FR 79956).
That rule broadens the whistleblower
protection already afforded uniformed
members of the Coast Guard by
conforming Coast Guard regulations to
statutory changes made to broaden
SUMMARY:
PO 00000
Frm 00028
Fmt 4700
Sfmt 4700
whistleblower protections for all
members of the Armed Forces.
We published the rule as a direct final
rule under 33 CFR 1.05–55 because we
considered this rule to be
noncontroversial and did not expect an
adverse comment regarding this
rulemaking. In the direct final rule we
notified the public of our intent to make
the rule effective on April 20, 2011,
unless adverse comment or notice of
intent to submit an adverse comment
was received on or before February 22,
2011. We have not received any
comments, or notice of intent to submit
an adverse comment, on this
rulemaking. Therefore the rule will go
into effect as scheduled, on April 20,
2011.
Dated: March 25, 2011.
F.J. Kenney,
Rear Admiral, U.S. Coast Guard, Judge
Advocate General.
[FR Doc. 2011–7642 Filed 3–30–11; 8:45 am]
BILLING CODE 9110–04–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 165
[Docket No. USCG–2010–0864]
RIN 1625–AA87
Security Zone: Passenger Vessels,
Sector Southeastern New England
Captain of the Port Zone
Coast Guard, DHS.
Temporary final rule; change of
effective period.
AGENCY:
ACTION:
The Coast Guard is extending
the effective period for temporary fixed
and moving security zones around
certain passenger vessels in the Sector
Southeastern New England Captain of
the Port Zone through October 1, 2011.
Temporary section 33 CFR 165.T01–
0864, which established these
temporary security zones, was set to
expire on April 1, 2011. Extending the
effective period for these security zones
provides continued and uninterrupted
protection of passengers, vessels, and
the public from destruction, loss, or
injury from sabotage, subversive acts, or
other malicious acts of a similar nature.
DATES: Section 165.T01–0864
temporarily added at 75 FR 63717,
October 18, 2010, effective from October
18, 2010, until April 1, 2011, will
continue in effect through October 1,
2011.
ADDRESSES: Documents indicated in this
preamble as being available in the
SUMMARY:
E:\FR\FM\31MRR1.SGM
31MRR1
]]>Agencies
[Federal Register Volume 76, Number 62 (Thursday, March 31, 2011)]
[Rules and Regulations]
[Pages 17781-17782]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-7506]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9515]
RIN 1545-BH20
Guidance Under Section 1502; Amendment of Matching Rule for
Certain Gains on Member Stock; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correcting amendment.
-----------------------------------------------------------------------
SUMMARY: This document describes correcting amends to final and
temporary regulations concerning the treatment of certain intercompany
gain with respect to stock owned by members of a consolidated group.
These regulations provide for the redetermination of intercompany gain
as excluded from gross income in certain transactions involving stock
transfers between members of a consolidated group. These errors were
made when the agency published final and temporary regulations (TD
9515) in the Federal Register on Friday, March 4, 2011 (76 FR 11956).
DATES: This correction is effective on March 31, 2011, and is
applicable on March 4, 2011.
FOR FURTHER INFORMATION CONTACT: John F. Tarrant, (202) 622-7790 or
Lawrence M. Axelrod, (202) 622-7713 (not toll-free numbers).
SUPPLEMENTARY INFORMATION:
Background
The final and temporary regulations (TD 9515) that are the subject
of this document are under section 1502 of the Internal Revenue Code.
Need for Correction
As published, the final and temporary regulations (TD 9515) 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
Accordingly, 26 CFR part 1 is corrected by making the following
correcting amendments:
[[Page 17782]]
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 1.1502-13 is amended by revising paragraphs
(c)(6)(ii)(C)(2) and (c)(6)(ii)(D)(1) to read as follows:
Sec. 1.1502-13 Intercompany transactions.
* * * * *
(c) * * *
(6) * * *
(ii) * * *
(C) * * *
(2) Effect on earnings and profits and investment adjustments. Any
amount excluded from gross income under paragraph (c)(6)(ii)(C)(1) of
this section shall not be taken into account as earnings and profits of
any member and shall not be treated as tax-exempt income under Sec.
1.1502-32(b)(2)(ii).
(D) Other amounts. (1) The Commissioner may determine that treating
S's intercompany item as excluded from gross income is consistent with
the purposes of this section and other applicable provisions of the
Internal Revenue Code, regulations, and published guidance, if the
following conditions are met, depending on whether the intercompany
item is an item of income or an item of gain:
* * * * *
0
Par. 3. Section 1.1502-13T is amended by revising paragraph
(f)(5)(ii)(F)(2) to read as follows:
Sec. 1.1502-13T Intercompany transactions (temporary).
* * * * *
(f) * * *
(5) * * *
(ii) * * *
(F) * * *
(2) Prior periods. For transactions in which old T's liquidation
into B occurs before October 25, 2007, see Sec. 1.1502-
13(f)(5)(ii)(B)(1) and (f)(5)(ii)(B)(2) in effect prior to October 25,
2007, as contained in 26 CFR part 1, revised April 1, 2009.
* * * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-7506 Filed 3-30-11; 8:45 am]
BILLING CODE 4830-01-P
