Certain Distributions Treated as Sales or Exchanges; Correction, 3926 [2015-01258]
Download as PDF
<![CDATA[
3926
Federal Register / Vol. 80, No. 16 / Monday, January 26, 2015 / Proposed Rules
Issued in Renton, Washington, on January
15, 2015.
John P. Piccola, Jr.,
Acting Manager, Transport Airplane
Directorate, Aircraft Certification Service.
[FR Doc. 2015–01217 Filed 1–23–15; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG–151416–06]
RIN 1545–BG21
Certain Distributions Treated as Sales
or Exchanges; 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–151416–06) that was
published in the Federal Register on
Monday, November 3, 2014 (79 FR
65151), that prescribe how a partner
should measure its interest in a
partnership’s unrealized receivables and
inventory items, and that provide
guidance regarding the tax
consequences of a distribution that
causes a reduction in that interest.
DATES: Written or electronic comments
and request for a public hearing for the
notice of proposed rulemaking at 79 FR
65151, November 3, 2014, are still being
accepted and must be received by
February 2, 2015.
FOR FURTHER INFORMATION CONTACT:
Allison R. Carmody, at (202) 317–5279
or Frank J. Fisher, at (202) 317–6850
(not a toll-free number).
SUPPLEMENTARY INFORMATION:
SUMMARY:
Background
The notice of proposed rulemaking
published Monday, November 3, 2014
(79 FR 65151), is under section 751(b)
of the Internal Revenue Code.
tkelley on DSK3SPTVN1PROD with PROPOSALS
Need for Correction
As published, the notice of proposed
rulemaking (REG–151416–06) contains
errors that are misleading and are in
need of clarification.
Correction to Publication
Accordingly, the notice of proposed
rulemaking, FR Doc. 2014–25487,
beginning on page 65151 in the issue of
November 3, 2014, is corrected as
follows:
VerDate Sep<11>2014
18:26 Jan 23, 2015
Jkt 235001
1. On page 65152, in the preamble,
second column, twenty-fifth line from
the top of the column, the language
‘‘example, Rev. Rul. 84–102 (84–102
CB’’ is corrected to read ‘‘example, Rev.
Rul. 84–102 (1984–2 CB’’.
■ 2. On page 65154, in the preamble,
second column, sixth line from the
bottom of the second full paragraph, the
language ‘‘751(b) in situations in which
751(b)’’ is corrected to read ‘‘751(b) in
situations in which section 751(b)’’.
■ 3. On page 65155, in the preamble,
third column, first and second lines
from the bottom of the first full
paragraph, the language ‘‘must disclose
its position on Form 8275, Disclosure
Statement.’’ is corrected to read ‘‘must
disclose its position on Form 8275–R,
Regulation Disclosure Statement.’’.
■
§ 1.751–1
[Corrected]
4. On page 65160, second column,
sixteenth line of paragraph (b)(2)(ii), the
language ‘‘takes into account any
section 743 basis’’ is corrected to read
‘‘takes into account any section 743(b)
basis’’.
■ 5. On page 65160, third column, ninth
line of paragraph (b)(2)(iii)(A), the
language ‘‘taking into account any
section 743’’ is corrected to read ‘‘taking
into account any section 743(b)’’.
■ 6. On page 65163, second column, the
twenty-fourth through the twenty-sixth
lines of paragraph (f), the language ‘‘this
section consistently for all partnership
sales, exchanges, and distributions,
including for any’’ is corrected to read
‘‘this section, and proposed § 1.704–
1(b)(2)(iv)(f), consistently for all
partnership sales, exchanges, and
distributions occurring on or after
November 3, 2014, including for any’’.
■ 7. On page 65165, second column,
paragraph (g) Example 4. (ii)(B), the
eleventh line, the language
‘‘immediately before the distribution are
$25’’ is corrected to read ‘‘immediately
before the distribution is $25’’.
■
§ 1.755–1
[Corrected]
8. On page 65172, second column,
paragraph (c)(2)(vi), the twentieth line,
the language ‘‘and (v), would have
applied if no’’ is corrected to read ‘‘or
(v), would have applied if no’’.
■ 9. On page 65173, first column,
paragraph (c)(6) Example 2. (vi)(D), the
second line, the language ‘‘$9 remaining
section 743(b) adjustments is’’ is
corrected to ‘‘$9 remaining section
743(b) adjustment is’’.
■ 10. On page 65173, first column,
paragraph (c)(6) Example 2. (vi)(D), the
eighth line from the bottom of the
paragraph, the language ‘‘section 743(b)
adjustments is not taken into’’ is
■
PO 00000
Frm 00009
Fmt 4702
Sfmt 4702
corrected to ‘‘section 743(b) adjustment
is not taken into’’.
Martin V. Franks,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. 2015–01258 Filed 1–23–15; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF DEFENSE
Office of the Secretary
32 CFR Part 199
[DOD–2012–HA–0146]
RIN 0720–AB47
TRICARE; Reimbursement of Long
Term Care Hospitals
Office of the Secretary,
Department of Defense (DoD).
ACTION: Proposed rule.
AGENCY:
This proposed rule requests
public comment on proposed
implementation for Long Term Care
Hospitals (LTCHs) the statutory
provision at title 10, United States Code
(U.S.C.), section 1079(j)(2) that
TRICARE payment methods for
institutional care be determined, to the
extent practicable, in accordance with
the same reimbursement rules as those
that apply to payments to providers of
services of the same type under
Medicare. This proposed rule sets forth
the proposed regulation modifications
necessary to implement a TRICARE
reimbursement methodology similar to
that applicable to Medicare beneficiaries
for inpatient services provided by
LTCHs.
SUMMARY:
Written comments received at
the address indicated below by March
27, 2015 will be accepted.
ADDRESSES: You may submit comments,
identified by docket number or
Regulatory Information Number (RIN)
and title, by either of the following
methods:
The Web site: https://
www.regulations.gov. Follow the
instructions for submitting comments.
Mail: Federal Docket Management
System Office, Room 3C843, 1160
Defense Pentagon, Washington, DC
20301–1160.
Instructions: All submissions received
must include the agency name and
docket number or RIN for this Federal
Register document. The general policy
for comments and other submissions
from members of the public is to make
these submissions available for public
viewing on the Internet at https://
DATES:
E:\FR\FM\26JAP1.SGM
26JAP1
]]>Agencies
[Federal Register Volume 80, Number 16 (Monday, January 26, 2015)]
[Proposed Rules]
[Page 3926]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-01258]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-151416-06]
RIN 1545-BG21
Certain Distributions Treated as Sales or Exchanges; 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-151416-06) that was published in the Federal Register
on Monday, November 3, 2014 (79 FR 65151), that prescribe how a partner
should measure its interest in a partnership's unrealized receivables
and inventory items, and that provide guidance regarding the tax
consequences of a distribution that causes a reduction in that
interest.
DATES: Written or electronic comments and request for a public hearing
for the notice of proposed rulemaking at 79 FR 65151, November 3, 2014,
are still being accepted and must be received by February 2, 2015.
FOR FURTHER INFORMATION CONTACT: Allison R. Carmody, at (202) 317-5279
or Frank J. Fisher, at (202) 317-6850 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking published Monday, November 3,
2014 (79 FR 65151), is under section 751(b) of the Internal Revenue
Code.
Need for Correction
As published, the notice of proposed rulemaking (REG-151416-06)
contains errors that are misleading and are in need of clarification.
Correction to Publication
Accordingly, the notice of proposed rulemaking, FR Doc. 2014-25487,
beginning on page 65151 in the issue of November 3, 2014, is corrected
as follows:
0
1. On page 65152, in the preamble, second column, twenty-fifth line
from the top of the column, the language ``example, Rev. Rul. 84-102
(84-102 CB'' is corrected to read ``example, Rev. Rul. 84-102 (1984-2
CB''.
0
2. On page 65154, in the preamble, second column, sixth line from the
bottom of the second full paragraph, the language ``751(b) in
situations in which 751(b)'' is corrected to read ``751(b) in
situations in which section 751(b)''.
0
3. On page 65155, in the preamble, third column, first and second lines
from the bottom of the first full paragraph, the language ``must
disclose its position on Form 8275, Disclosure Statement.'' is
corrected to read ``must disclose its position on Form 8275-R,
Regulation Disclosure Statement.''.
Sec. 1.751-1 [Corrected]
0
4. On page 65160, second column, sixteenth line of paragraph
(b)(2)(ii), the language ``takes into account any section 743 basis''
is corrected to read ``takes into account any section 743(b) basis''.
0
5. On page 65160, third column, ninth line of paragraph (b)(2)(iii)(A),
the language ``taking into account any section 743'' is corrected to
read ``taking into account any section 743(b)''.
0
6. On page 65163, second column, the twenty-fourth through the twenty-
sixth lines of paragraph (f), the language ``this section consistently
for all partnership sales, exchanges, and distributions, including for
any'' is corrected to read ``this section, and proposed Sec. 1.704-
1(b)(2)(iv)(f), consistently for all partnership sales, exchanges, and
distributions occurring on or after November 3, 2014, including for
any''.
0
7. On page 65165, second column, paragraph (g) Example 4. (ii)(B), the
eleventh line, the language ``immediately before the distribution are
$25'' is corrected to read ``immediately before the distribution is
$25''.
Sec. 1.755-1 [Corrected]
0
8. On page 65172, second column, paragraph (c)(2)(vi), the twentieth
line, the language ``and (v), would have applied if no'' is corrected
to read ``or (v), would have applied if no''.
0
9. On page 65173, first column, paragraph (c)(6) Example 2. (vi)(D),
the second line, the language ``$9 remaining section 743(b) adjustments
is'' is corrected to ``$9 remaining section 743(b) adjustment is''.
0
10. On page 65173, first column, paragraph (c)(6) Example 2. (vi)(D),
the eighth line from the bottom of the paragraph, the language
``section 743(b) adjustments is not taken into'' is corrected to
``section 743(b) adjustment is not taken into''.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-01258 Filed 1-23-15; 8:45 am]
BILLING CODE 4830-01-P
