Inversions and Related Transactions; Correction, 46832-46833 [2016-16470]
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ehiers on DSK5VPTVN1PROD with RULES
46832
Federal Register / Vol. 81, No. 138 / Tuesday, July 19, 2016 / Rules and Regulations
College Park, MD 20740. These forms
also are available on the Food and Drug
Administration’s Web site at https://
www.fda.gov/Food/Guidance
Regulation/FoodFacilityRegistration/
AcidifiedLACFRegistration/default.htm.
For electronic submission go to FDA’s
Industry Systems Web site at
www.access.fda.gov. Commercial
processors duly registered in accordance
with this section shall notify the Food
and Drug Administration not later than
90 days after such commercial processor
ceases or discontinues the manufacture,
processing, or packing of thermally
processed foods in any establishment:
Provided, that such notification shall
not be required as to the temporary
cessation necessitated by the seasonal
character of the particular
establishment’s production or caused by
temporary conditions including but not
limited to strikes, lockouts, fire, or acts
of God.
(2) Process filing. A commercial
processor engaged in the thermal
processing of low-acid foods packaged
in hermetically sealed containers shall,
not later than 60 days after registration
and prior to the packing of a new
product, provide the Food and Drug
Administration information as to the
scheduled processes including but not
limited to the processing method, type
of retort or other thermal processing
equipment employed, minimum initial
temperatures, times and temperatures of
processing, sterilizing value (Fo), or
other equivalent scientific evidence of
process adequacy, critical control
factors affecting heat penetration, and
source and date of the establishment of
the process, for each such low-acid food
in each container size: Provided, that
the filing of such information does not
constitute approval of the information
by the Food and Drug Administration,
and that information concerning
processes and other data so filed shall
be regarded as trade secrets within the
meaning of 21 U.S.C. 331(j) and 18
U.S.C. 1905. This information shall be
submitted on the following forms as
appropriate: Form FDA 2541d (Food
Process Filing for Low-Acid Retorted
Method), Form FDA 2541f (Food
Process Filing for Water Activity/
Formulation Control Method), or Form
FDA 2541g (Food Process Filing for
Low-Acid Aseptic Systems). These
forms are available from the LACF
Registration Coordinator (HFS–303),
Center for Food Safety and Applied
Nutrition, Food and Drug
Administration, 5001 Campus Dr.,
College Park, MD 20740, or at any Food
and Drug Administration district office.
The completed form(s) shall be
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13:36 Jul 18, 2016
Jkt 238001
submitted to the LACF Registration
Coordinator (HFS–303), Center for Food
Safety and Applied Nutrition, Food and
Drug Administration, 5001 Campus Dr.,
College Park, MD 20740. These forms
also are available on the Food and Drug
Administration’s Web site at https://
www.fda.gov/Food/
GuidanceRegulation/
FoodFacilityRegistration/
AcidifiedLACFRegistration/default.htm.
For electronic submission, go to FDA’s
Industry Systems Web site at
www.access.fda.gov.
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(ii) If a packer intentionally makes a
change in a previously filed scheduled
process by reducing the initial
temperature or retort temperature,
reducing the time of processing, or
changing the product formulation, the
container, or any other condition basic
to the adequacy of scheduled process,
he shall prior to using such changed
process obtain substantiation by
qualified scientific authority as to its
adequacy. Such substantiation may be
obtained by telephone, telegram, or
other media, but must be promptly
recorded, verified in writing by the
authority, and contained in the packer’s
files for review by the Food and Drug
Administration. Within 30 days after
first use, the packer shall submit to the
LACF Registration Coordinator (HFS–
303), Center for Food Safety and
Applied Nutrition, Food and Drug
Administration, 5001 Campus Dr.,
College Park, MD 20740 a complete
description of the modifications made
and utilized, together with a copy of his
file record showing prior substantiation
by a qualified scientific authority as to
the safety of the changed process. Any
intentional change of a previously filed
scheduled process or modification
thereof in which the change consists
solely of a higher initial temperature, a
higher retort temperature, or a longer
processing time, shall not be considered
a change subject to this paragraph, but
if that modification is thereafter to be
regularly scheduled, the modified
process shall be promptly filed as a
scheduled process, accompanied by full
information on the specified forms as
provided in this paragraph.
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(i) This section shall not apply to the
commercial processing of any food
processed under the continuous
inspection of the meat and poultry
inspection program of the Food Safety
and Inspection Service of the
Department of Agriculture under the
Federal Meat Inspection Act (34 Stat.
1256, as amended by 81 Stat. 584 (21
U.S.C. 601 et seq.)) and the Poultry
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Products Inspection Act (71 Stat. 441, as
amended by 82 Stat. 791 (21 U.S.C. 451
et seq.)).
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Dated: July 12, 2016.
Leslie Kux,
Associate Commissioner for Policy.
[FR Doc. 2016–16968 Filed 7–18–16; 8:45 am]
BILLING CODE 4164–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9761]
RIN 1545–BM88
Inversions and Related Transactions;
Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Final and temporary
regulations; correcting amendment.
AGENCY:
This document contains
corrections to a correction document for
final and temporary regulations (TD
9761) that was published in the Federal
Register on June 23, 2016 (81 FR 40810).
DATES: This correction is effective on
July 19, 2016 and applicable on June 23,
2016.
FOR FURTHER INFORMATION CONTACT: Rose
E. Jenkins at (202) 317–6934 (not a toll
free number).
SUPPLEMENTARY INFORMATION:
SUMMARY:
Background
The final and temporary regulations
(TD 9761) that are the subject of this
correction are under sections 304, 367,
956, 7701(l), and 7874 of the Internal
Revenue Code.
Correction of Publication
In correcting amendment FR Doc.
2016–14649, published in the issue of
Thursday, June 23, 2016 (81 FR 40810),
make the following correction:
On page 40811, in the first column,
remove amendatory instruction 6.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Accordingly, 26 CFR part 1 is
corrected by making the following
correcting amendments:
PART 1—INCOME TAXES
Paragraph 1. The authority citation
for part 1 continues to read in part as
follows:
■
E:\FR\FM\19JYR1.SGM
19JYR1
Federal Register / Vol. 81, No. 138 / Tuesday, July 19, 2016 / Rules and Regulations
Authority: 26 U.S.C. 7805 * * *
Par. 2. Section 1.956–2T is amended
by revising the first sentence of
paragraph (a)(4)(iv) Example 3.(A), the
second sentence of paragraph (a)(4)(iv)
Example 3.(B), and the third sentence of
paragraph (a)(4)(iv) Example 4.(B) to
read as follows:
■
§ 1.956–2T Definition of United States
property (temporary).
*
*
*
*
*
(a) * * *
(4) * * *
(iv) * * *
Example 3. (A) Facts. Before the
inversion transaction, FA also wholly
owns USP, a domestic corporation,
which, in turn, wholly owns, LFS, a
foreign corporation that is a controlled
foreign corporation. * * *
(B) * * * Because LFS was a
controlled foreign corporation and a
member of the EAG with respect to the
inversion transaction on the completion
date, and DT was not a United States
shareholder with respect to LFS on or
before the completion date, LFS is
excluded from the definition of
expatriated foreign subsidiary pursuant
to § 1.7874–12T(a)(9)(ii). * * *
Example 4. * * *
(B) * * * Because LFSS was not a
member of the EAG with respect to the
inversion transaction on the completion
date, LFSS is not excluded from the
definition of expatriated foreign
subsidiary pursuant to § 1.7874–
12T(a)(9)(ii). * * *
*
*
*
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*
■ Par. 3. Section 1.7874–8T is amended
by revising the ninth sentence of
paragraph (h) Example 3.(ii) to read as
follows:
§ 1.7874–8T Disregard of certain stock
attributable to multiple domestic entity
acquisitions (temporary).
*
*
*
*
(h) * * *
Example 3. * * *
(ii) * * * Accordingly, the excluded
amount is $112.50x calculated as 150
(200, the total number of prior
acquisition shares, less 50, the allocable
redeemed shares) multiplied by $0.75x
(the fair market value of a single share
of FA stock on the completion date with
respect to the DT2 acquisition). * * *
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ehiers on DSK5VPTVN1PROD with RULES
*
Martin V. Franks,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel (Procedure and Administration).
[FR Doc. 2016–16470 Filed 7–18–16; 8:45 am]
BILLING CODE 4830–01–P
VerDate Sep<11>2014
17:09 Jul 18, 2016
Jkt 238001
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 117
[Docket No. USCG–2016–0645]
Drawbridge Operation Regulation;
State Boat Channel, Captree Island, NY
Coast Guard, DHS.
ACTION: Notice of deviation from
drawbridge regulation.
AGENCY:
46833
arrange their transits to minimize any
impact caused by the temporary
deviation.
In accordance with 33 CFR 117.35(e),
the drawbridge must return to its regular
operating schedule immediately at the
end of the effective period of this
temporary deviation. This deviation
from the operating regulations is
authorized under 33 CFR 117.35.
Dated: July 14, 2016.
C.J. Bisignano,
Supervisory Bridge Management Specialist,
First Coast Guard District.
The Coast Guard has issued a
temporary deviation from the operating
schedule that governs the Captree State
Parkway Bridge across the State Boat
Channel, mile 30.7 at Captree Island,
New York. This deviation is necessary
to allow the bridge owner to perform
painting and steel repairs.
DATES: This deviation is effective from
September 6, 2016 to December 16,
2016.
[FR Doc. 2016–17006 Filed 7–18–16; 8:45 am]
The docket for this
deviation, [USCG–2016–0645] is
available at https://www.regulations.gov.
Type the docket number in the
‘‘SEARCH’’ box and click ‘‘SEARCH’’.
Click on Open Docket Folder on the line
associated with this deviation.
FOR FURTHER INFORMATION CONTACT: If
you have questions about this temporary
deviation, call or email Judy Leung-Yee,
Project Officer, First Coast Guard
District, telephone (212) 514–4330,
email judy.k.leung-yee@uscg.mil.
SUPPLEMENTARY INFORMATION:
The Captree State Parkway Bridge,
mile 30.7, across the State Boat Channel,
has a vertical clearance in the closed
position of 29 feet at mean high water
and 30 feet at mean low water. The
existing bridge operating regulations are
found at 33 CFR 117.799(i).
The waterway is transited by seasonal
recreational traffic.
New York State DOT, the owner of the
bridge, requested a temporary deviation
from the normal operating schedule to
perform painting and steel repairs.
Under this temporary deviation, the
Captree State Parkway Bridge will not
open for marine traffic from September
6, 2016 to December 16, 2016.
Vessels able to pass under the bridge
in the closed position may do so at
anytime. The bridge will not be able to
open for emergencies and there is no
immediate alternate route for vessels to
pass.
The Coast Guard will inform the users
of the waterways through our Local
Notice and Broadcast to Mariners of the
change in operating schedule for the
bridge so that vessel operations can
RIN 1625–AA00
SUMMARY:
ADDRESSES:
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BILLING CODE 9110–04–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 165
[Docket Number USCG–2016–0555]
Safety Zone; Navy UNDET, Apra Outer
Harbor, GU
Coast Guard, DHS.
Temporary final rule.
AGENCY:
ACTION:
The Coast Guard is
establishing a temporary safety zone for
navigable waters within a 700-yard
radius on the surface and 1400-yard
radius underwater of the Navy
underwater detonation operations in the
waters of Apra Outer Harbor, Guam. The
Coast Guard believes this safety zone
regulation is necessary to protect all
persons and vessel that would otherwise
transit or be within the affected areas
from possible safety hazards associated
with underwater detonation operations.
Entry of vessels or persons into these
zones is prohibited unless specifically
authorized by the Captain of the Port
Guam.
SUMMARY:
This rule is effective from 8 a.m.
through 4 p.m. on July 28, 2016.
ADDRESSES: To view documents
mentioned in this preamble as being
available in the docket, go to https://
www.regulations.gov, type USCG–2016–
0555 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 Chief Kristina Gauthier, Sector
Guam, U.S. Coast Guard; telephone
(671) 355–4866, email
Kristina.M.Gauthier@uscg.mil.
SUPPLEMENTARY INFORMATION:
DATES:
E:\FR\FM\19JYR1.SGM
19JYR1
]]>Agencies
[Federal Register Volume 81, Number 138 (Tuesday, July 19, 2016)]
[Rules and Regulations]
[Pages 46832-46833]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-16470]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9761]
RIN 1545-BM88
Inversions and Related Transactions; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final and temporary regulations; correcting amendment.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to a correction document
for final and temporary regulations (TD 9761) that was published in the
Federal Register on June 23, 2016 (81 FR 40810).
DATES: This correction is effective on July 19, 2016 and applicable on
June 23, 2016.
FOR FURTHER INFORMATION CONTACT: Rose E. Jenkins at (202) 317-6934 (not
a toll free number).
SUPPLEMENTARY INFORMATION:
Background
The final and temporary regulations (TD 9761) that are the subject
of this correction are under sections 304, 367, 956, 7701(l), and 7874
of the Internal Revenue Code.
Correction of Publication
In correcting amendment FR Doc. 2016-14649, published in the issue
of Thursday, June 23, 2016 (81 FR 40810), make the following
correction:
On page 40811, in the first column, remove amendatory instruction
6.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and recordkeeping requirements.
Accordingly, 26 CFR part 1 is corrected by making the following
correcting amendments:
PART 1--INCOME TAXES
0
Paragraph 1. The authority citation for part 1 continues to read in
part as follows:
[[Page 46833]]
Authority: 26 U.S.C. 7805 * * *
0
Par. 2. Section 1.956-2T is amended by revising the first sentence of
paragraph (a)(4)(iv) Example 3.(A), the second sentence of paragraph
(a)(4)(iv) Example 3.(B), and the third sentence of paragraph
(a)(4)(iv) Example 4.(B) to read as follows:
Sec. 1.956-2T Definition of United States property (temporary).
* * * * *
(a) * * *
(4) * * *
(iv) * * *
Example 3. (A) Facts. Before the inversion transaction, FA also
wholly owns USP, a domestic corporation, which, in turn, wholly owns,
LFS, a foreign corporation that is a controlled foreign corporation. *
* *
(B) * * * Because LFS was a controlled foreign corporation and a
member of the EAG with respect to the inversion transaction on the
completion date, and DT was not a United States shareholder with
respect to LFS on or before the completion date, LFS is excluded from
the definition of expatriated foreign subsidiary pursuant to Sec.
1.7874-12T(a)(9)(ii). * * *
Example 4. * * *
(B) * * * Because LFSS was not a member of the EAG with respect to
the inversion transaction on the completion date, LFSS is not excluded
from the definition of expatriated foreign subsidiary pursuant to Sec.
1.7874-12T(a)(9)(ii). * * *
* * * * *
0
Par. 3. Section 1.7874-8T is amended by revising the ninth sentence of
paragraph (h) Example 3.(ii) to read as follows:
Sec. 1.7874-8T Disregard of certain stock attributable to multiple
domestic entity acquisitions (temporary).
* * * * *
(h) * * *
Example 3. * * *
(ii) * * * Accordingly, the excluded amount is $112.50x calculated
as 150 (200, the total number of prior acquisition shares, less 50, the
allocable redeemed shares) multiplied by $0.75x (the fair market value
of a single share of FA stock on the completion date with respect to
the DT2 acquisition). * * *
* * * * *
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2016-16470 Filed 7-18-16; 8:45 am]
BILLING CODE 4830-01-P
