Guidance on Passive Foreign Investment Companies; Correction, 12821 [2021-04282]

Download as PDF jbell on DSKJLSW7X2PROD with RULES Federal Register / Vol. 86, No. 42 / Friday, March 5, 2021 / Rules and Regulations Effingham, IL, Effingham County Memorial, Takeoff Minimums and Obstacle DP, Amdt 5B Paris, IL, KPRG, VOR/DME–A, Amdt 8A, CANCELLED Plymouth, IN, C65, RNAV (GPS) RWY 10, ORIG-B Dodge City, KS, KDDC, ILS OR LOC RWY 14, Amdt 3B Dodge City, KS, KDDC, VOR RWY 14, Amdt 19B Dodge City, KS, KDDC, VOR RWY 32, Amdt 5B Elkhart, KS, KEHA, NDB RWY 35, Amdt 2A, CANCELLED Welsh, LA, Welsh, Takeoff Minimums and Obstacle DP, Orig Escanaba, MI, KESC, RNAV (GPS) RWY 19, Orig Aitkin, MN, KAIT, NDB RWY 16, Amdt 5C, CANCELLED Cambridge, MN, Cambridge Muni, RNAV (GPS) RWY 16, Orig-C Pine River, MN, KPWC, NDB RWY 34, Amdt 2A, CANCELLED Sauk Centre, MN, D39, RNAV (GPS) RWY 32, Amdt 1B Asheville, NC, KAVL, ILS OR LOC RWY 35, Amdt 1 Asheville, NC, KAVL, RNAV (GPS) RWY 35, Amdt 1 Scribner, NE, KSCB, RNAV (GPS) RWY 17, Amdt 1B Manchester, NH, KMHT, ILS OR LOC RWY 6, Amdt 3A Manchester, NH, KMHT, ILS OR LOC RWY 35, ILS RWY 35 (SA CAT I), ILS RWY 35 (CAT II), ILS RWY 35 (CAT III), Amdt 5 Manchester, NH, KMHT, RNAV (GPS) RWY 24, Amdt 2 Linden, NJ, Linden, Takeoff Minimums and Obstacle DP, Amdt 3 Glens Falls, NY, Floyd Bennett Memorial, Takeoff Minimums and Obstacle DP, Amdt 2 New York, NY, Downtown Manhattan/Wall St, Takeoff Minimums and Obstacle DP, Amdt 1 New York, NY, East 34th St, Takeoff Minimums and Obstacle DP, Amdt 1 New York, NY, West 30th St, Takeoff Minimums and Obstacle DP, Amdt 2 Wooster, OH, KBJJ, VOR RWY 10, Amdt 1D Corvallis, OR, KCVO, ILS OR LOC RWY 17, Amdt 5A Corvallis, OR, KCVO, VOR RWY 17, Amdt 8A Reading, PA, Reading Rgnl/Carl A Spaatz Field, ILS OR LOC RWY 13, Amdt 1D Charleston, SC, KCHS, ILS OR LOC RWY 15, ILS RWY 15 (SA CAT I), ILS RWY 15 (CAT II), Amdt 24B Florence, SC, KFLO, RNAV (GPS) RWY 27, Orig-C Manning, SC, KMNI, NDB OR GPS RWY 2, Amdt 2B Cleveland, TN, KRZR, RNAV (GPS) RWY 3, Amdt 2B Pulaski, TN, Abernathy Field, Takeoff Minimums and Obstacle DP, Amdt 5 Dallas-Fort Worth, TX, KDFW, ILS OR LOC RWY 36L, ILS RWY 36L (CAT II), ILS RWY 36L (CAT III), Amdt 5 Gilmer, TX, KJXI, RNAV (GPS) RWY 18, Orig-C Hondo, TX, KHDO, NDB RWY 35R, Amdt 5A, CANCELLED VerDate Sep<11>2014 15:52 Mar 04, 2021 Jkt 253001 Kenedy, TX, Kenedy Rgnl, RNAV (GPS) RWY 34, Orig-D Wichita Falls, TX, Wichita Valley, Takeoff Minimums and Obstacle DP, Amdt 1A Fillmore, UT, KFOM, RNAV (GPS) RWY 4, Amdt 1C Fillmore, UT, KFOM, RNAV (GPS) RWY 22, Amdt 1A Provo, UT, KPVU, ILS OR LOC RWY 13, Amdt 5 Provo, UT, Provo Muni, RNAV (GPS) RWY 13, Amdt 3 Salt Lake City, UT, KSLC, ILS OR LOC RWY 34L, ILS RWY 34L (SA CAT I), ILS RWY 34L (CAT II), ILS RWY 34L (CAT III), Amdt 3E Salt Lake City, UT, KSLC, RNAV (GPS) RWY 34L, Amdt 1D Salt Lake City, UT, KSLC, RNAV (GPS) RWY 35, Amdt 3A Vernal, UT, KVEL, RNAV (GPS) Z RWY 35, Orig-B Charlottesville, VA, KCHO, RNAV (GPS) RWY 3, Amdt 3A Burlington, VT, Burlington Intl, ILS OR LOC RWY 15, Amdt 24C Wilbur, WA, 2S8, RNAV (GPS)-A, Orig-A Kenosha, WI, KENW, RNAV (GPS) RWY 7L, Amdt 1A Waupaca, WI, KPCZ, RNAV (GPS) RWY 10, Amdt 2B [FR Doc. 2021–04621 Filed 3–4–21; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [TD 9936] RIN 1545–BO59 Guidance on Passive Foreign Investment Companies; Correction Internal Revenue Service (IRS), Treasury. ACTION: Final regulations; correction. AGENCY: This document contains corrections to the final regulations (Treasury Decision 9936), that were published in the Federal Register on Friday, January 15, 2021. The final regulations regarding the determination of whether a foreign corporation is treated as a passive foreign investment company (‘‘PFIC’’) for purposes of the Internal Revenue Code (‘‘Code’’), and the application and scope of certain rules that determine whether a United States person that indirectly holds stock in a PFIC is treated as a shareholder of the PFIC. DATES: These corrections are effective on March 5, 2021 and applicable on or after January 15, 2021. FOR FURTHER INFORMATION CONTACT: Concerning the regulations §§ 1.1291–0 and 1.1291–1, 1.1297–0 through 1.1297– SUMMARY: PO 00000 Frm 00023 Fmt 4700 Sfmt 4700 12821 2, 1.1298–0, 1.1298–2, and 1.1298–4, Christina G. Daniels at (202) 317–6934; concerning the regulations §§ 1.1297–4 and 1.1297–6, Josephine Firehock at (202) 317–4932 (not toll-free numbers). SUPPLEMENTARY INFORMATION: Background The final regulations (TD 9936) that are the subject of this correction are issued under sections 1297 and 1298 of the Internal Revenue Code. Need for Correction As published the final regulations (TD 9936) that contain errors that need to be corrected. Correction of Publication Accordingly, the final regulations (TD 9936) that are the subject of FR Doc. 2020–27009, which published on January 15, 2021 (86 FR 4516), are corrected as follows: 1. On page 4532, the third column, the ninth line from the bottom of the last partial paragraph, the language ‘‘claims’’ is corrected to read ‘‘claims,’’. 2. On page 4534, the third column, the tenth line from the bottom of the first partial paragraph, the language ‘‘1000’’ is corrected to read ‘‘1,000’’. 3. On page 4541, the third column, the last line of the third paragraph by removing the language ‘‘Id.’’. 4. On page 4553, the second column, the last line of the first full paragraph, the language ‘‘[X]’’ is corrected to read ‘‘1545–1002’’. Crystal Pemberton, Senior Federal Register Liaison, Legal Processing Division, Associate Chief Counsel (Procedure and Administration). [FR Doc. 2021–04282 Filed 3–4–21; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 117 [Docket No. USCG–2021–0099] Drawbridge Operation Regulation; Okeechobee Waterway, Indiantown, FL Coast Guard, Department of Homeland Security (DHS). ACTION: Notification of temporary deviation from regulations; request for comments. AGENCY: The Coast Guard has issued a temporary deviation from the operating schedule that governs the Seaboard System Railroad Bridge, across the SUMMARY: E:\FR\FM\05MRR1.SGM 05MRR1

Agencies

[Federal Register Volume 86, Number 42 (Friday, March 5, 2021)]
[Rules and Regulations]
[Page 12821]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-04282]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9936]
RIN 1545-BO59


Guidance on Passive Foreign Investment Companies; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Final regulations; correction.

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SUMMARY: This document contains corrections to the final regulations 
(Treasury Decision 9936), that were published in the Federal Register 
on Friday, January 15, 2021. The final regulations regarding the 
determination of whether a foreign corporation is treated as a passive 
foreign investment company (``PFIC'') for purposes of the Internal 
Revenue Code (``Code''), and the application and scope of certain rules 
that determine whether a United States person that indirectly holds 
stock in a PFIC is treated as a shareholder of the PFIC.

DATES: These corrections are effective on March 5, 2021 and applicable 
on or after January 15, 2021.

FOR FURTHER INFORMATION CONTACT: Concerning the regulations Sec. Sec.  
1.1291-0 and 1.1291-1, 1.1297-0 through 1.1297-2, 1.1298-0, 1.1298-2, 
and 1.1298-4, Christina G. Daniels at (202) 317-6934; concerning the 
regulations Sec. Sec.  1.1297-4 and 1.1297-6, Josephine Firehock at 
(202) 317-4932 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9936) that are the subject of this 
correction are issued under sections 1297 and 1298 of the Internal 
Revenue Code.

Need for Correction

    As published the final regulations (TD 9936) that contain errors 
that need to be corrected.

Correction of Publication

    Accordingly, the final regulations (TD 9936) that are the subject 
of FR Doc. 2020-27009, which published on January 15, 2021 (86 FR 
4516), are corrected as follows:
    1. On page 4532, the third column, the ninth line from the bottom 
of the last partial paragraph, the language ``claims'' is corrected to 
read ``claims,''.
    2. On page 4534, the third column, the tenth line from the bottom 
of the first partial paragraph, the language ``1000'' is corrected to 
read ``1,000''.
    3. On page 4541, the third column, the last line of the third 
paragraph by removing the language ``Id.''.
    4. On page 4553, the second column, the last line of the first full 
paragraph, the language ``[X]'' is corrected to read ``1545-1002''.

Crystal Pemberton,
Senior Federal Register Liaison, Legal Processing Division, Associate 
Chief Counsel (Procedure and Administration).
[FR Doc. 2021-04282 Filed 3-4-21; 8:45 am]
BILLING CODE 4830-01-P