Television Broadcasting Services; Fond du Lac, WI, 68124-68125 [2011-28452]
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srobinson on DSK4SPTVN1PROD with PROPOSALS
68124
Federal Register / Vol. 76, No. 213 / Thursday, November 3, 2011 / Proposed Rules
described in section 707(a) or section
707(c)) will not be deemed to be
engaged in commercial activities solely
because it holds an interest as a limited
partner in a limited partnership.
Nevertheless, pursuant to sections 875,
882, and 892(a)(2)(A)(i), a foreign
government member’s distributive share
of partnership income will not be
exempt from taxation under section 892
to the extent that the partnership
derived such income from the conduct
of a commercial activity. For example,
where a controlled entity described in
§ 1.892–2T(a)(3) that is not otherwise
engaged in commercial activities holds
an interest as a limited partner in a
limited partnership that is a dealer in
stocks, bonds, other securities,
commodities, or financial instruments
in the United States, although the
controlled entity partner will not be
deemed to be engaged in commercial
activities solely because of its interest in
the limited partnership, its distributive
share of partnership income derived
from the partnership’s activity as a
dealer will not be exempt from tax
under section 892 because it was
derived from the conduct of a
commercial activity.
(B) Interest as a limited partner in a
limited partnership. Solely for purposes
of paragraph (d)(5)(iii) of this section, an
interest in an entity classified as a
partnership for federal tax purposes
shall be treated as an interest as a
limited partner in a limited partnership
if the holder of such interest does not
have rights to participate in the
management and conduct of the
partnership’s business at any time
during the partnership’s taxable year
under the law of the jurisdiction in
which the partnership is organized or
under the governing agreement. Rights
to participate in the management and
conduct of a partnership’s business do
not include consent rights in the case of
extraordinary events such as admission
or expulsion of a general or limited
partner, amendment of the partnership
agreement, dissolution of the
partnership, disposition of all or
substantially all of the partnership’s
property outside of the ordinary course
of the partnership’s activities, merger, or
conversion.
(iv) Illustration. The following
example illustrates the application of
this paragraph (d)(5):
Example 1. K, a controlled entity of a
foreign sovereign, has investments in various
stocks and bonds of United States
corporations and in a 20% interest in Opco,
a limited liability company that is classified
as a partnership for federal tax purposes.
Under the governing agreement of Opco, K
has the authority to participate in the
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16:17 Nov 02, 2011
Jkt 226001
management and conduct of Opco’s business.
Opco has investments in various stocks and
bonds of United States corporations and also
owns and manages an office building in New
York. Because K has authority to participate
in the management and conduct of Opco’s
business, its interest in Opco is not a limited
partner interest. Therefore, K will be deemed
to be engaged in commercial activities
because of attribution of Opco’s commercial
activity, even if K does not actually make
management decisions with regard to Opco’s
commercial activity, the operation of the
office building. Accordingly, K is a
controlled commercial entity, and all of its
income, including its distributive share of
partnership income from its interest in Opco
and its income from the stocks and bonds it
owns directly, will not be exempt from tax
under section 892.
Example 2. The facts are the same as in
Example 1, except that Opco has hired a real
estate management firm to lease offices and
manage the office building. Notwithstanding
the fact that an independent contractor is
performing the activities, Opco will still be
deemed to be engaged in commercial
activities. Accordingly, K is a controlled
commercial entity, and all of its income,
including its distributive share of partnership
income from its interest in Opco and its
income from the stocks and bonds it owns
directly, will not be exempt from tax under
section 892.
Example 3. The facts are the same as in
Example 1, except that K is a member that
has no right to participate in the management
and conduct of Opco’s business. Assume
further that K is not otherwise engaged in
commercial activities. Under paragraph
(d)(5)(iii) of this section, Opco’s commercial
activities will not be attributed to K.
Accordingly, K will not be a controlled
commercial entity, and its income derived
from the stocks and bonds it owns directly
and the portion of its distributive share of
partnership income from its interest in Opco
that is derived from stocks and bonds will be
exempt from tax under section 892. The
portion of K’s distributive share of
partnership income from its interest in Opco
that is derived from the operation of the
office building will not be exempt from tax
under section 892 and § 1.892–3T(a)(1).
(e) Effective/applicability date. This
section applies on the date these
regulations are published as final
regulations in the Federal Register. See
§ 1.892–5(a) as issued under TD 9012
(August 1, 2002) for rules that apply on
or after January 14, 2002, and before the
date these regulations are published as
final regulations in the Federal Register.
See § 1.892–5T(a) for rules that apply
before January 14, 2002, and § 1.892–
5T(b) through (d) for rules that apply
before the date these regulations are
published as final regulations in the
Federal Register.
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PART 602—OMB CONTROL NUMBERS
UNDER THE PAPERWORK
REDUCTION ACT
Par. 4. The authority for part 602
continues to read as follows:
Authority: 26 U.S.C. 7805.
Par. 5. In § 602.101, paragraph (b) is
amended by adding an entry to the table
in numerical order to read as follows:
§ 602.101
*
OMB Control numbers.
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*
(b) * * *
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CFR part or section where
identified and described
*
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1.892–5 .................................
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Current OMB
Control No.
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1545–1053
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Steven T. Miller,
Deputy Commissioner for Services and
Enforcement.
[FR Doc. 2011–28531 Filed 11–2–11; 8:45 am]
BILLING CODE 4830–01–P
FEDERAL COMMUNICATIONS
COMMISSION
47 CFR Part 73
[MB Docket No. 09–115, RM–11543; DA 11–
1502]
Television Broadcasting Services;
Fond du Lac, WI
Federal Communications
Commission.
ACTION: Proposed rule.
AGENCY:
In this document, the
Commission denies a petition for
reconsideration of an August 12, 2009
Report and Order changing the allotted
channel for station WWAZ–TV, Fond
du Lac, Wisconsin, from channel 44 to
channel 5. The petitioner stated that the
staff, in granting the original channel
change, cited erroneous loss-of-service
figures. The petitioner further argues
that the primary technical justification
for creation of this loss area was not
raised until the reply comment stage,
and that the record further does not
support the technical justification. The
order finds that the staff requested a reengineered proposal that would result
in the replacement translators covering
the projected analog loss area. The
document finds that the re-engineered
translators sufficiently address any loss
of service, and further finds that the
public interest is served by substituting
channel 5 for channel 44 at Fond du Lac
SUMMARY:
E:\FR\FM\03NOP1.SGM
03NOP1
Federal Register / Vol. 76, No. 213 / Thursday, November 3, 2011 / Proposed Rules
because it permitted WLS–TV, an ABC
network affiliate in Chicago, Illinois, to
move from its post-transition channel 7
to channel 44, resulting in the
restoration of ABC network service to
numerous viewers that had lost service
after the transition of WLS–TV to digital
operations. Finally, the document notes
that the petitioner’s own engineer had
recognized potential technical problems
associated with WWAZ–TV’s digital
operations on channel 44.
ADDRESSES: Federal Communications
Commission, Office of the Secretary,
445 12th Street SW., Washington, DC
20554.
FOR FURTHER INFORMATION CONTACT:
srobinson on DSK4SPTVN1PROD with PROPOSALS
David Brown, david.brown@fcc.gov,
Media Bureau, (202) 418–1600.
SUPPLEMENTARY INFORMATION: This is a
synopsis of the Memorandum Opinion
and Order, MB Docket No. 09–115,
adopted September 6, 2011 by the Video
Division of the Federal Communications
Commission, and released September 8,
2011. For the reasons discussed above,
the Federal Communications
Commission denies the petition for
reconsideration of an order changing the
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16:17 Nov 02, 2011
Jkt 226001
allotted channel for station WWAZ–TV,
Fond du Lac, Wisconsin. The full text
of this document is available for public
inspection and copying during normal
business hours in the FCC’s Reference
Information Center at Portals II, CY–
A257, 445 12th Street SW., Washington,
DC 20554. This document will also be
available via ECFS (https://www.fcc.gov/
cgb/ecfs/). (Documents will be available
electronically in ASCII, Word 97, and/
or Adobe Acrobat.) This document may
be purchased from the Commission’s
duplicating contractor, Best Copy and
Printing, Inc., 445 12th Street SW.,
Room CY–B402, Washington, DC 20554,
telephone 1–(800) 478–3160 or via
email https://www.BCPIWEB.com. To
request this document in accessible
formats (computer diskettes, large print,
audio recording, and Braille), send an
email to fcc504@fcc.gov or call the
Commission’s Consumer and
Governmental Affairs Bureau at (202)
418–0530 (voice), (202) 418–0432
(TTY). This document does not contain
proposed information collection
requirements subject to the Paperwork
Reduction Act of 1995, Public Law 104–
13. In addition, therefore, it does not
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68125
contain any proposed information
collection burden ‘‘for small business
concerns with fewer than 25
employees,’’ pursuant to the Small
Business Paperwork Relief Act of 2002,
Public Law 107–198, see 44 U.S.C.
3506(c)(4).
Provisions of the Regulatory
Flexibility Act of 1980 do not apply to
this proceeding. Members of the public
should note that from the time a Notice
of Proposed Rule Making is issued until
the matter is no longer subject to
Commission consideration or court
review, all ex parte contacts (other than
ex parte presentations exempt under 47
CFR 1.1204(a)) are prohibited in
Commission proceedings, such as this
one, which involve channel allotments.
See 47 CFR 1.1208 for rules governing
restricted proceedings.
For information regarding proper
filing procedures for comments, see 47
CFR 1.415 and 1.420.
Federal Communications Commission.
Barbara A. Kreisman,
Chief, Video Division, Media Bureau.
[FR Doc. 2011–28452 Filed 11–2–11; 8:45 am]
BILLING CODE 6712–01–P
E:\FR\FM\03NOP1.SGM
03NOP1
Agencies
[Federal Register Volume 76, Number 213 (Thursday, November 3, 2011)]
[Proposed Rules]
[Pages 68124-68125]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-28452]
=======================================================================
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FEDERAL COMMUNICATIONS COMMISSION
47 CFR Part 73
[MB Docket No. 09-115, RM-11543; DA 11-1502]
Television Broadcasting Services; Fond du Lac, WI
AGENCY: Federal Communications Commission.
ACTION: Proposed rule.
-----------------------------------------------------------------------
SUMMARY: In this document, the Commission denies a petition for
reconsideration of an August 12, 2009 Report and Order changing the
allotted channel for station WWAZ-TV, Fond du Lac, Wisconsin, from
channel 44 to channel 5. The petitioner stated that the staff, in
granting the original channel change, cited erroneous loss-of-service
figures. The petitioner further argues that the primary technical
justification for creation of this loss area was not raised until the
reply comment stage, and that the record further does not support the
technical justification. The order finds that the staff requested a re-
engineered proposal that would result in the replacement translators
covering the projected analog loss area. The document finds that the
re-engineered translators sufficiently address any loss of service, and
further finds that the public interest is served by substituting
channel 5 for channel 44 at Fond du Lac
[[Page 68125]]
because it permitted WLS-TV, an ABC network affiliate in Chicago,
Illinois, to move from its post-transition channel 7 to channel 44,
resulting in the restoration of ABC network service to numerous viewers
that had lost service after the transition of WLS-TV to digital
operations. Finally, the document notes that the petitioner's own
engineer had recognized potential technical problems associated with
WWAZ-TV's digital operations on channel 44.
ADDRESSES: Federal Communications Commission, Office of the Secretary,
445 12th Street SW., Washington, DC 20554.
FOR FURTHER INFORMATION CONTACT: David Brown, david.brown@fcc.gov,
Media Bureau, (202) 418-1600.
SUPPLEMENTARY INFORMATION: This is a synopsis of the Memorandum Opinion
and Order, MB Docket No. 09-115, adopted September 6, 2011 by the Video
Division of the Federal Communications Commission, and released
September 8, 2011. For the reasons discussed above, the Federal
Communications Commission denies the petition for reconsideration of an
order changing the allotted channel for station WWAZ-TV, Fond du Lac,
Wisconsin. The full text of this document is available for public
inspection and copying during normal business hours in the FCC's
Reference Information Center at Portals II, CY-A257, 445 12th Street
SW., Washington, DC 20554. This document will also be available via
ECFS (https://www.fcc.gov/cgb/ecfs/). (Documents will be available
electronically in ASCII, Word 97, and/or Adobe Acrobat.) This document
may be purchased from the Commission's duplicating contractor, Best
Copy and Printing, Inc., 445 12th Street SW., Room CY-B402, Washington,
DC 20554, telephone 1-(800) 478-3160 or via email https://www.BCPIWEB.com. To request this document in accessible formats
(computer diskettes, large print, audio recording, and Braille), send
an email to fcc504@fcc.gov or call the Commission's Consumer and
Governmental Affairs Bureau at (202) 418-0530 (voice), (202) 418-0432
(TTY). This document does not contain proposed information collection
requirements subject to the Paperwork Reduction Act of 1995, Public Law
104-13. In addition, therefore, it does not contain any proposed
information collection burden ``for small business concerns with fewer
than 25 employees,'' pursuant to the Small Business Paperwork Relief
Act of 2002, Public Law 107-198, see 44 U.S.C. 3506(c)(4).
Provisions of the Regulatory Flexibility Act of 1980 do not apply
to this proceeding. Members of the public should note that from the
time a Notice of Proposed Rule Making is issued until the matter is no
longer subject to Commission consideration or court review, all ex
parte contacts (other than ex parte presentations exempt under 47 CFR
1.1204(a)) are prohibited in Commission proceedings, such as this one,
which involve channel allotments. See 47 CFR 1.1208 for rules governing
restricted proceedings.
For information regarding proper filing procedures for comments,
see 47 CFR 1.415 and 1.420.
Federal Communications Commission.
Barbara A. Kreisman,
Chief, Video Division, Media Bureau.
[FR Doc. 2011-28452 Filed 11-2-11; 8:45 am]
BILLING CODE 6712-01-P