Guidance Under Section 958 (Rules for Determining Stock Ownership) and Section 951A (Global Intangible Low-Taxed Income); Correction, 37807 [2019-16430]

Download as PDF jbell on DSK3GLQ082PROD with PROPOSALS Federal Register / Vol. 84, No. 149 / Friday, August 2, 2019 / Proposed Rules Instructions: The Bureau encourages the early submission of comments. All submissions should include the agency name and docket number or Regulatory Information Number (RIN) for this rulemaking. Because paper mail in the Washington, DC area and at the Bureau is subject to delay, commenters are encouraged to submit comments electronically. In general, all comments received will be posted without change to http://www.regulations.gov. In addition, comments will be available for public inspection and copying at 1700 G Street NW, Washington, DC 20552, on official business days between the hours of 10:00 a.m. and 5:00 p.m. Eastern Time. You can make an appointment to inspect the documents by telephoning 202–435–7275. All submissions, including attachments and other supporting materials, will become part of the public record and subject to public disclosure. Proprietary or sensitive personal information, such as account numbers, Social Security numbers, or names of other individuals, should not be included. Submissions will not be edited to remove any identifying or contact information. FOR FURTHER INFORMATION CONTACT: Courtney Jean or Kristin McPartland, Senior Counsels, Office of Regulations, at 202–435–7700 or https://reg inquiries.consumerfinance.gov/. If you require this document in an alternative electronic format, please contact CFPB_ Accessibility@cfpb.gov. SUPPLEMENTARY INFORMATION: On May 7, 2019, the Bureau issued an NPRM proposing to amend Regulation F, 12 CFR part 1006, to prescribe Federal rules governing the activities of debt collectors, as that term is defined in the FDCPA. The NPRM was published in the Federal Register on May 21, 2019.1 The NPRM would, among other things, address communications in connection with debt collection; interpret and apply prohibitions on harassment or abuse, false or misleading representations, and unfair practices in debt collection; and clarify requirements for certain consumer-facing debt collection disclosures. The NPRM requested public comment on each of those topics, among others. The NPRM provided a 90-day public comment period that was set to close on August 19, 2019. The Bureau has received written requests asking that the Bureau extend the comment period. Two written requests from consumer advocates and an industry trade group asked that the Bureau extend the 1 84 FR 23274 (May 21, 2019). VerDate Sep<11>2014 17:36 Aug 01, 2019 Jkt 247001 comment period by either 60 or 90 days. The requests indicate that the interested parties would use the time to conduct additional outreach to relevant constituencies and to properly address the many questions presented in the NPRM. The Bureau has balanced interested parties’ desire to have additional time to consider the issues raised in the NPRM, gather data, and prepare their responses, with the Bureau’s interest in proceeding expeditiously with the debt collection rulemaking. In light of these factors, the Bureau believes that a 30-day extension of the NPRM comment period to September 18, 2019, is appropriate. This extension should allow interested parties more time to prepare responses to the NPRM without delaying the debt collection rulemaking. The NPRM comment period will now close September 18, 2019. Dated: July 26, 2019. Kathleen L. Kraninger, Director, Bureau of Consumer Financial Protection. [FR Doc. 2019–16476 Filed 8–1–19; 8:45 am] BILLING CODE 4810–AM–P 37807 Franklin Station, Washington, DC 20044. Submissions may be handdelivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG–101828–19), Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20024, or sent electronically, via the Federal eRulemaking Portal at www.regulations.gov (indicate IRS and REG–101828–19). FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations under §§ 1.951–1, 1.956–1, and 1.958–1, Joshua P. Roffenbender at (202) 317– 6934; concerning the proposed regulations under §§ 1.951A–0, 1.951A– 2, 1.951A–7, and 1.954–1, Jorge M. Oben at (202) 317–6934; concerning the proposed regulations under § 1.1502–51, Katherine H. Zhang at (202) 317–6848 or Kevin M. Jacobs at (202) 317–5332; concerning submissions of comments or requests for a public hearing, Regina Johnson at (202) 317–6901 (not toll free numbers). SUPPLEMENTARY INFORMATION: Background DEPARTMENT OF THE TREASURY 26 CFR Part 1 The proposed regulations that are the subject of this correction are under section 951A of the Internal Revenue Code. [REG–101828–19] Need for Correction RIN 1545–BN80 As published, the notice of proposed regulations (REG–101828–19) contains errors which may prove to be misleading and need to be clarified. Internal Revenue Service Guidance Under Section 958 (Rules for Determining Stock Ownership) and Section 951A (Global Intangible LowTaxed Income); Correction Internal Revenue Service (IRS), Treasury. ACTION: Correction to a notice of proposed rulemaking. AGENCY: This document contains a correction to a notice of proposed rulemaking (REG–101828–19) that was published in the Federal Register on June 21, 2019. The proposed regulations provide guidance on the treatment of domestic partnerships for purposes of determining amounts included in the gross income of their partners with respect to foreign corporations. DATES: Written or electronic comments and requests for a public hearing are still being accepted and must be received by September 19, 2019. ADDRESSES: Send submissions to: Internal Revenue Service, CC:PA:LPD:PR (REG–101828–19), Room 5203, Post Office Box 7604, Ben SUMMARY: PO 00000 Frm 00014 Fmt 4702 Sfmt 9990 Correction of Publication Accordingly, the notice of proposed rulemaking (REG–101828–19) that was the subject of FR Doc. 2019–12436, published at 84 FR 29114 (June 21, 2019), is corrected to read as follows: § 1.951A–2 [Corrected] On page 29129, second column, the third line of paragraph (c)(6)(i), the language ‘‘951 A(c)(2)(A)(i)(II)’’ is corrected to read ‘‘951A(c)(2)(A)(i)(III)’’. ■ Martin V. Franks, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2019–16430 Filed 8–1–19; 8:45 am] BILLING CODE 4830–01–P E:\FR\FM\02AUP1.SGM 02AUP1

Agencies

[Federal Register Volume 84, Number 149 (Friday, August 2, 2019)]
[Proposed Rules]
[Page 37807]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-16430]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-101828-19]
RIN 1545-BN80


Guidance Under Section 958 (Rules for Determining Stock 
Ownership) and Section 951A (Global Intangible Low-Taxed Income); 
Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to a notice of proposed rulemaking.

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SUMMARY: This document contains a correction to a notice of proposed 
rulemaking (REG-101828-19) that was published in the Federal Register 
on June 21, 2019. The proposed regulations provide guidance on the 
treatment of domestic partnerships for purposes of determining amounts 
included in the gross income of their partners with respect to foreign 
corporations.

DATES: Written or electronic comments and requests for a public hearing 
are still being accepted and must be received by September 19, 2019.

ADDRESSES: Send submissions to: Internal Revenue Service, CC:PA:LPD:PR 
(REG-101828-19), Room 5203, Post Office Box 7604, Ben Franklin Station, 
Washington, DC 20044. Submissions may be hand-delivered Monday through 
Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG-
101828-19), Courier's Desk, Internal Revenue Service, 1111 Constitution 
Avenue NW, Washington, DC 20024, or sent electronically, via the 
Federal eRulemaking Portal at www.regulations.gov (indicate IRS and 
REG-101828-19).

FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations 
under Sec. Sec.  1.951-1, 1.956-1, and 1.958-1, Joshua P. Roffenbender 
at (202) 317-6934; concerning the proposed regulations under Sec. Sec.  
1.951A-0, 1.951A-2, 1.951A-7, and 1.954-1, Jorge M. Oben at (202) 317-
6934; concerning the proposed regulations under Sec.  1.1502-51, 
Katherine H. Zhang at (202) 317-6848 or Kevin M. Jacobs at (202) 317-
5332; concerning submissions of comments or requests for a public 
hearing, Regina Johnson at (202) 317-6901 (not toll free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The proposed regulations that are the subject of this correction 
are under section 951A of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed regulations (REG-101828-19) 
contains errors which may prove to be misleading and need to be 
clarified.

Correction of Publication

    Accordingly, the notice of proposed rulemaking (REG-101828-19) that 
was the subject of FR Doc. 2019-12436, published at 84 FR 29114 (June 
21, 2019), is corrected to read as follows:


Sec.  1.951A-2  [Corrected]

0
On page 29129, second column, the third line of paragraph (c)(6)(i), 
the language ``951 A(c)(2)(A)(i)(II)'' is corrected to read 
``951A(c)(2)(A)(i)(III)''.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2019-16430 Filed 8-1-19; 8:45 am]
BILLING CODE 4830-01-P