Self-Employment Tax Treatment of Partners in a Partnership That Owns a Disregarded Entity; Correction, 43488 [2016-15739]

Download as PDF 43488 Federal Register / Vol. 81, No. 128 / Tuesday, July 5, 2016 / Rules and Regulations (6) You may view this service information at the FAA, Transport Airplane Directorate, 1601 Lind Avenue SW., Renton, WA. For information on the availability of this material at the FAA, call 425–227–1221. (7) You may view this service information that is incorporated by reference at the National Archives and Records Administration (NARA). For information on the availability of this material at NARA, call 202–741–6030, or go to http:// www.archives.gov/federal-register/cfr/ibrlocations.html. Issued in Renton, Washington, on June 21, 2016. Dorr Anderson, Acting Manager, Transport Airplane Directorate, Aircraft Certification Service. List of Subjects in 26 CFR Part 301 Employment taxes, Estate taxes, Excise taxes, Gift taxes, Income taxes, Penalties, Reporting and recordkeeping requirements. Correction of Publication Accordingly, 26 CFR part 301 is corrected by making the following correcting amendment: PART 301—PROCEDURE AND ADMINISTRATION Paragraph 1. The authority citation for part 301 continues to read in part as follows: ■ [FR Doc. 2016–15291 Filed 7–1–16; 8:45 am] Authority: 26 U.S.C. 7805 * * * BILLING CODE 4910–13–P Par. 2. Section 301.7701–2T is amended by revising paragraph (e)(8)(ii) to read as follows: ■ DEPARTMENT OF THE TREASURY § 301.7701–2T Business entities; definitions (temporary). Internal Revenue Service * 26 CFR Part 301 [TD 9766] RIN 1545–BM87 Self-Employment Tax Treatment of Partners in a Partnership That Owns a Disregarded Entity; Correction Internal Revenue Service (IRS), Treasury. ACTION: Final and temporary regulations; correcting amendment. AGENCY: This document contains a correction to final and temporary regulations (TD 9766) that were published in the Federal Register on May 4, 2016 (81 FR 26693). The final and temporary regulations clarify the employment tax treatment of partners in a partnership that owns a disregarded entity. SUMMARY: This correction is effective on July 5, 2016 and applicable on May 4, 2016. FOR FURTHER INFORMATION CONTACT: Andrew Holubeck at (202) 317–4774 (not a toll free number). SUPPLEMENTARY INFORMATION: DATES: sradovich on DSK3GDR082PROD with RULES Background Martin V. Franks, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2016–15739 Filed 7–1–16; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 100 [Docket Number USCG–2016–0169] RIN 1625–AA08 Special Local Regulation; Cumberland River, Mile 190.0 to 191.5; Nashville, TN Coast Guard, DHS. Temporary final rule. AGENCY: ACTION: Need for Correction As published, the final and temporary regulations (TD 9766) contains an error that may prove to be misleading and is in need of clarification. 16:06 Jul 01, 2016 Jkt 238001 PO 00000 Frm 00026 Fmt 4700 Sfmt 4700 I. Table of Abbreviations CFR Code of Federal Regulations DHS Department of Homeland Security FR Federal Register NPRM Notice of proposed rulemaking § Section U.S.C. United States Code II. Background Information and Regulatory History On January 28, 2016, the Nashville Paddle Company notified the Coast Guard that it will be conducting a rowing race from 9 a.m. to noon on July 30, 2016. The event will consist of at least 75 participants on various sized stand up paddle boards and kayaks on the Cumberland River. The Captain of the Port Ohio Valley (COTP) determined that additional safety measures are necessary to protect participants, spectators, and waterway users during this event. In response, on June 10, 2016, the Coast Guard published a notice of proposed rulemaking (NPRM) Special Local Regulation; Cumberland River, Mile 190.0 to 191.5; Nashville, TN (81 FR 37562). There we stated why we issued the NPRM, and invited comments on our proposed regulatory action related to this marine event. During the comment period that ended June 27, 2016 we received no comments. III. Legal Authority and Need for Rule The Coast Guard is establishing a special local regulation for all waters of the Cumberland River beginning at mile marker 190.0 and ending at mile marker 191.5 from 9 a.m. until noon on July 30, 2016. This special regulation is necessary to provide safety for the participants in the ‘‘Music City SUP Race’’ marine event. This rulemaking prohibits persons and vessels from being in the special local SUMMARY: The final and temporary regulations (TD 9766) that are the subject of this correction are under section 7701 of the Internal Revenue Code. VerDate Sep<11>2014 * * * * (e) * * * (8) * * * (ii) Expiration date. The applicability of paragraph (c)(2)(iv)(C)(2) of this section expires on or before May 3, 2019, or such earlier date as may be determined under amendments to the regulations issued after May 3, 2016. regulated area unless authorized by the Captain of the Port Ohio Valley or a designated representative. DATES: This rule is effective from 9 a.m. until noon on July 30, 2016. ADDRESSES: To view documents mentioned in this preamble as being available in the docket, go to http:// www.regulations.gov, type USCG–2016– 0169 in the ‘‘SEARCH’’ box and click ‘‘SEARCH.’’ Click on Open Docket Folder on the line associated with this rule. FOR FURTHER INFORMATION CONTACT: If you have questions on this rule, call or email Petty Officer Ashley Schad, MSD Nashville, Nashville, TN, at 615–736– 5421 or at Ashley.M.Schad@uscg.mil. SUPPLEMENTARY INFORMATION: The Coast Guard is issuing this rule under authority in 33 U.S.C. 1233. The Captain of the Port Ohio Valley (COTP) has determined that potential hazards associated with the marine event in this July 30, 2016, event will be a safety concern for the participants of the event. The purpose of this rule is to ensure safety of vessels and participants and the navigable waters in the special local regulation area before, during, and after the scheduled event. E:\FR\FM\05JYR1.SGM 05JYR1

Agencies

[Federal Register Volume 81, Number 128 (Tuesday, July 5, 2016)]
[Rules and Regulations]
[Page 43488]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-15739]


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

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 301

[TD 9766]
RIN 1545-BM87


Self-Employment Tax Treatment of Partners in a Partnership That 
Owns a Disregarded Entity; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Final and temporary regulations; correcting amendment.

-----------------------------------------------------------------------

SUMMARY: This document contains a correction to final and temporary 
regulations (TD 9766) that were published in the Federal Register on 
May 4, 2016 (81 FR 26693). The final and temporary regulations clarify 
the employment tax treatment of partners in a partnership that owns a 
disregarded entity.

DATES: This correction is effective on July 5, 2016 and applicable on 
May 4, 2016.

FOR FURTHER INFORMATION CONTACT: Andrew Holubeck at (202) 317-4774 (not 
a toll free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final and temporary regulations (TD 9766) that are the subject 
of this correction are under section 7701 of the Internal Revenue Code.

Need for Correction

    As published, the final and temporary regulations (TD 9766) 
contains an error that may prove to be misleading and is in need of 
clarification.

List of Subjects in 26 CFR Part 301

    Employment taxes, Estate taxes, Excise taxes, Gift taxes, Income 
taxes, Penalties, Reporting and recordkeeping requirements.

Correction of Publication

    Accordingly, 26 CFR part 301 is corrected by making the following 
correcting amendment:

PART 301--PROCEDURE AND ADMINISTRATION

0
Paragraph 1. The authority citation for part 301 continues to read in 
part as follows:

    Authority:  26 U.S.C. 7805 * * *


0
Par. 2. Section 301.7701-2T is amended by revising paragraph (e)(8)(ii) 
to read as follows:


Sec.  301.7701-2T  Business entities; definitions (temporary).

* * * * *
    (e) * * *
    (8) * * *
    (ii) Expiration date. The applicability of paragraph 
(c)(2)(iv)(C)(2) of this section expires on or before May 3, 2019, or 
such earlier date as may be determined under amendments to the 
regulations issued after May 3, 2016.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2016-15739 Filed 7-1-16; 8:45 am]
 BILLING CODE 4830-01-P