Regulations Regarding the Application of Section 172(h) Including Consolidated Groups; Correction, 64768 [2012-26001]
Download as PDF
<![CDATA[
64768
Federal Register / Vol. 77, No. 205 / Tuesday, October 23, 2012 / Proposed Rules
the FAA from issuing another related
action or commit the FAA to any course
of action in the future.
Regulatory Impact
Since this action only withdraws an
NPRM (77 FR 32069, May 31, 2012), it
is neither a proposed nor a final rule
and therefore is not covered under
Executive Order 12866, the Regulatory
Flexibility Act, or DOT Regulatory
Policies and Procedures (44 FR 11034,
February 26, 1979).
List of Subjects in 14 CFR Part 39
Air transportation, Aircraft, Aviation
safety, Incorporation by reference,
Safety.
The Withdrawal
Accordingly, we withdraw the NPRM,
Docket No. FAA–2012–0495, Directorate
Identifier 2011–NM–236–AD, which
was published in the Federal Register
on May 31, 2012 (77 FR 32069).
Issued in Renton, Washington, on October
14, 2012.
John P. Piccola,
Acting Manager, Transport Airplane
Directorate, Aircraft Certification Service.
[FR Doc. 2012–26080 Filed 10–22–12; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
RIN 1545–BH16
Regulations Regarding the Application
of Section 172(h) Including
Consolidated Groups; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Correction to notice of proposed
rulemaking.
AGENCY:
This document contains
corrections to a notice of proposed
rulemaking (REG–140668–07) that was
published in the Federal Register on
Monday, September 17, 2012 (77 FR
57452). The proposed regulation
provides guidance regarding the
treatment of corporate equity reduction
transactions (CERTs), including the
treatment of multiple step plans for the
acquisition of stock and CERTs
involving members of a consolidated
group.
FOR FURTHER INFORMATION CONTACT:
Amie Colwell Breslow or Marie C.
Milnes-Vasquez at (202) 622–7530 (not
a toll free number).
mstockstill on DSK4VPTVN1PROD with PROPOSALS
SUMMARY:
16:28 Oct 22, 2012
Background
The notice of proposed rulemaking
(REG–140668–07) that is the subject of
these corrections are under sections 172
and 1502 of the Internal Revenue Code.
Need for Correction
As published, the notice of proposed
rulemaking (REG–140668–07) contains
errors that may prove to be misleading
and are in need of clarification.
Correction of Publication
Accordingly, the notice of proposed
rulemaking (REG–140668–07), that was
the subject of FR Doc. 2012–22838, is
corrected as follows:
1. On page 57452, in the preamble,
column 1, under the caption ADDRESSES,
line 10, the language ‘‘Service, 1111
Constitution Avenue NW.,’’ is corrected
to read ‘‘Service, 1111 Constitution
Avenue NW.,’’.
2. On page 57453, in the preamble,
column 2, under the caption
‘‘Background’’, line 16 from the bottom
of the page, the language ‘‘return group;
(4) application of these’’ is corrected to
read ‘‘group; (4) application of these’’.
3. On page 57456, in the preamble,
column 3, under the paragraph heading
C. Loss Limitation Years, line 6 from the
bottom of the first paragraph, the
language ‘‘section 172 and 381 are
applied as if the’’ is corrected to read
‘‘sections 172 and 381 are applied as if
the’’.
§ 1.172(h)–2
[REG–140668–07]
VerDate Mar<15>2010
SUPPLEMENTARY INFORMATION:
Jkt 229001
[Corrected]
5. On Page 57465, column 1, under
the paragraph heading § 1.172(h)–4
Special rules for predecessors and
successors., second full paragraph of the
column, line 13, the language
‘‘occurred. See §§ 1.172(h)–5(a)
(defining’’ is corrected to read
‘‘occurred. See § 1.172(h)–5(a)
(defining’’.
6. On Page 57465, column 3, under
the same paragraph heading, line 21
from the top of the column, the language
‘‘interest paid or accrued during the 3
year’’ is corrected to read ‘‘interest paid
or accrued during the three-year’’.
§ 1.1502–72
[Corrected]
7. On page 57471, column 2, under
the paragraph heading § 1.1502–72
Corporate equity reduction
PO 00000
Frm 00006
Fmt 4702
Sfmt 4702
Guy Traynor,
Federal Register Liaison, Publications and
Regulations Branch, Legal Processing
Division, Associate Chief Counsel, (Procedure
and Administration).
[FR Doc. 2012–26001 Filed 10–22–12; 8:45 am]
BILLING CODE 4830–01–P
POSTAL SERVICE
39 CFR Part 20
[Corrected]
4. On Page 57462, column 1, under
the paragraph heading § 1.172(h)–2
Computation of a CERIL., fourth
paragraph of the column, line 6, the
language ‘‘addition, under the
principles of section’’ is corrected to
read ‘‘addition, under the principles of’’.
§ 1.172(h)–4
transactions., lines 10 and 11 from the
top of the column, the language
‘‘[$10,000,000 + $100,000 + 250,000 +
175,000]. See § 1.172(h)–2(b)(3) for
rules’’ is corrected to read ‘‘[$10,000,000
+ $100,000 + $250,000 + $175,000]. See
§ 1.172(h)–2(b)(3) for rules’’.
8. On page 57473, column 1, under
the same paragraph heading, line 22 of
the second paragraph, the language
‘‘([$1,400 + $1,000 + 1,200]/3). Because
T is’’ is corrected to read ‘‘([$1,400 +
$1,000 + $1,200]/3). Because T is’’.
9. On page 57473, column 1, under
the same paragraph heading, line 2 from
the bottom of the second paragraph, the
language ‘‘([$1,400 + $1,000 + 1,200 +
$600 + $200 +)’’ is corrected to read
‘‘([$1,400 + $1,000 + $1,200 + $600 +
$200 +)’’.
10. On page 57475, column 3, under
the same paragraph heading, line 11 of
the second full paragraph of the column,
the language ‘‘172(h)(3)(C) § 1.172(h)–
1(c)(3) and (f), and’’ is corrected to read
‘‘172(h)(3)(C), § 1.172(h)–1(c)(3) and (f),
and’’.
International Mailing Services:
Proposed Product and Price Changes
Postal Service,TM
Proposed rule.
AGENCY:
ACTION:
In October 2012, the Postal
Service filed a notice of mailing services
price adjustments with the Postal
Regulatory Commission (PRC), effective
on January 27, 2013. The Postal Service
proposes to revise various sections of
Mailing Standards of the United States
Postal Service, International Mail
Manual (IMM®) to reflect new prices
and classification changes.
DATES: We must receive your comments
on or before November 23, 2012.
ADDRESSES: Mail or deliver comments to
the manager, Product Classification,
U.S. Postal Service®, 475 L’Enfant Plaza
SW., RM 4446, Washington, DC 20260–
5015. You may inspect and photocopy
all written comments at USPS®
Headquarters Library, 475 L’Enfant
Plaza SW., 11th Floor N, Washington
DC by appointment only between the
hours of 9 a.m. and 4 p.m., Monday
SUMMARY:
E:\FR\FM\23OCP1.SGM
23OCP1
]]>Agencies
[Federal Register Volume 77, Number 205 (Tuesday, October 23, 2012)]
[Proposed Rules]
[Page 64768]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-26001]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-140668-07]
RIN 1545-BH16
Regulations Regarding the Application of Section 172(h) Including
Consolidated Groups; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correction to notice of proposed rulemaking.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to a notice of proposed
rulemaking (REG-140668-07) that was published in the Federal Register
on Monday, September 17, 2012 (77 FR 57452). The proposed regulation
provides guidance regarding the treatment of corporate equity reduction
transactions (CERTs), including the treatment of multiple step plans
for the acquisition of stock and CERTs involving members of a
consolidated group.
FOR FURTHER INFORMATION CONTACT: Amie Colwell Breslow or Marie C.
Milnes-Vasquez at (202) 622-7530 (not a toll free number).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking (REG-140668-07) that is the
subject of these corrections are under sections 172 and 1502 of the
Internal Revenue Code.
Need for Correction
As published, the notice of proposed rulemaking (REG-140668-07)
contains errors that may prove to be misleading and are in need of
clarification.
Correction of Publication
Accordingly, the notice of proposed rulemaking (REG-140668-07),
that was the subject of FR Doc. 2012-22838, is corrected as follows:
1. On page 57452, in the preamble, column 1, under the caption
ADDRESSES, line 10, the language ``Service, 1111 Constitution Avenue
NW.,'' is corrected to read ``Service, 1111 Constitution Avenue NW.,''.
2. On page 57453, in the preamble, column 2, under the caption
``Background'', line 16 from the bottom of the page, the language
``return group; (4) application of these'' is corrected to read
``group; (4) application of these''.
3. On page 57456, in the preamble, column 3, under the paragraph
heading C. Loss Limitation Years, line 6 from the bottom of the first
paragraph, the language ``section 172 and 381 are applied as if the''
is corrected to read ``sections 172 and 381 are applied as if the''.
Sec. 1.172(h)-2 [Corrected]
4. On Page 57462, column 1, under the paragraph heading Sec.
1.172(h)-2 Computation of a CERIL., fourth paragraph of the column,
line 6, the language ``addition, under the principles of section'' is
corrected to read ``addition, under the principles of''.
Sec. 1.172(h)-4 [Corrected]
5. On Page 57465, column 1, under the paragraph heading Sec.
1.172(h)-4 Special rules for predecessors and successors., second full
paragraph of the column, line 13, the language ``occurred. See
Sec. Sec. 1.172(h)-5(a) (defining'' is corrected to read ``occurred.
See Sec. 1.172(h)-5(a) (defining''.
6. On Page 57465, column 3, under the same paragraph heading, line
21 from the top of the column, the language ``interest paid or accrued
during the 3 year'' is corrected to read ``interest paid or accrued
during the three-year''.
Sec. 1.1502-72 [Corrected]
7. On page 57471, column 2, under the paragraph heading Sec.
1.1502-72 Corporate equity reduction transactions., lines 10 and 11
from the top of the column, the language ``[$10,000,000 + $100,000 +
250,000 + 175,000]. See Sec. 1.172(h)-2(b)(3) for rules'' is corrected
to read ``[$10,000,000 + $100,000 + $250,000 + $175,000]. See Sec.
1.172(h)-2(b)(3) for rules''.
8. On page 57473, column 1, under the same paragraph heading, line
22 of the second paragraph, the language ``([$1,400 + $1,000 + 1,200]/
3). Because T is'' is corrected to read ``([$1,400 + $1,000 + $1,200]/
3). Because T is''.
9. On page 57473, column 1, under the same paragraph heading, line
2 from the bottom of the second paragraph, the language ``([$1,400 +
$1,000 + 1,200 + $600 + $200 +)'' is corrected to read ``([$1,400 +
$1,000 + $1,200 + $600 + $200 +)''.
10. On page 57475, column 3, under the same paragraph heading, line
11 of the second full paragraph of the column, the language
``172(h)(3)(C) Sec. 1.172(h)-1(c)(3) and (f), and'' is corrected to
read ``172(h)(3)(C), Sec. 1.172(h)-1(c)(3) and (f), and''.
Guy Traynor,
Federal Register Liaison, Publications and Regulations Branch, Legal
Processing Division, Associate Chief Counsel, (Procedure and
Administration).
[FR Doc. 2012-26001 Filed 10-22-12; 8:45 am]
BILLING CODE 4830-01-P
