Elective Payment of Applicable Credits; Correction, 66562-66563 [2024-17945]
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Federal Register / Vol. 89, No. 159 / Friday, August 16, 2024 / Rules and Regulations
corrected to read ‘‘wages paid to any
laborers and’’.
■ vii. On page 53260, in the third
column, the sixth line from the bottom
of paragraph (c)(6)(iv)(E) is corrected to
read ‘‘period of August 1, 2023, to
September’’.
§ 1.45–8
[Corrected]
38. In amendatory instruction 3, in
§ 1.45–8:
■ i. On page 53262, in the third column,
the third line from the bottom of
paragraph (b)(1) is corrected to read
‘‘dividing the total hours worked by
all’’.
■ ii. On page 53265, in the third
column, the third line of paragraph
(f)(2)(i)(A) is corrected to read ‘‘failures
to meet the percentage of the total’’.
■ iii. On page 53266, in the first column,
last line of the partial paragraph
(f)(2)(i)(A) is corrected to read
‘‘Exception.’’.
■ iv. On page 53266, in the third
column, the sixth line from bottom of
paragraph (f)(2)(i)(D)(2) is corrected to
read ‘‘(5) on the construction of the’’.
■ v. On page 53267, in the third column,
the fourth line of paragraph
(f)(2)(ii)(C)(13) is corrected to read
‘‘Apprenticeship Requirements for’’.
■ vi. On page 53268, in the first column,
the sixth line of paragraph (f)(2)(ii)(D)(1)
is corrected to read ‘‘include contract
provisions that require’’.
■
§ 1.45U–3
[Corrected]
39. On page 53271, in the second
column, in amendatory instruction 6, in
§ 1.45U–3, the second line of paragraph
(b)(1) is corrected to read ‘‘agreement
with one or more labor’’.
■
Regina L. Johnson,
Federal Register Liaison, Publications and
Regulations Section, Associate Chief Counsel,
(Procedure and Administration).
[FR Doc. 2024–17143 Filed 8–15–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1 and 301
[TD 9988]
RIN 1545–BQ63
lotter on DSK11XQN23PROD with RULES1
Elective Payment of Applicable
Credits; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Final rule; correction and
correcting amendments.
AGENCY:
This document contains
corrections to Treasury Decision 9988,
SUMMARY:
VerDate Sep<11>2014
16:32 Aug 15, 2024
Jkt 262001
which was published in the Federal
Register for Monday, March 11, 2024.
Treasury Decision 9988 issued final
regulations concerning the election
under the Inflation Reduction Act of
2022 to treat the amount of certain tax
credits as a payment of Federal income
tax.
DATES: These corrections are effective
on August 16, 2024 and for dates of
applicability see §§ 1.6417–1(q), 1.6417–
2(f), 1.6417–3(f), 1.6417–4(f), 1.6417–
5(d), 1.6417–6(e), 301.6241–1(b)(1), and
301.6241–7(k)(3).
FOR FURTHER INFORMATION CONTACT:
Concerning these final regulations,
Jeremy Milton at (202) 317–5665 and
James Holmes at (202) 317–5114 (not
toll-free numbers).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9988) that
are the subject of this correction are
under section 6417 of the Code.
Corrections to Publication
Accordingly, the final regulations (TD
9988) that are the subject of FR Doc.
2024–04604, published on March 11,
2024, are corrected to read:
1. On page 17550, in the first column,
in the fourth line from the top of the
first full paragraph, the language
‘‘designed’’ is corrected to read
‘‘designated’’.
2. On page 17552, in the third
column, in the eighth line from the
bottom of the first full paragraph, the
language ‘‘cert denied’’ is corrected to
read ‘‘cert. denied’’.
3. On page 17559, in the third
column, in the twelfth line from the top
of the first partial paragraph, the
language ‘‘[ ]’’ is corrected to read ‘‘...’’.
4. On page 17560, in the first column,
in the tenth line from the top of the first
partial paragraph, the language ‘‘book’’
is corrected to read ‘‘books’’.
5. On page 17561, in the second
column, in the eighth line from the
bottom of the last partial paragraph, the
language ‘‘tax-exempt’’ is corrected to
read, ‘‘tax exempt’’.
6. On page 17561, in the third
column, in the fifteenth line from the
top of the first partial paragraph, the
language ‘‘tax-exempt’’ is corrected to
read ‘‘tax exempt’’.
7. On page 17562, in the second
column, the third line from the bottom
of the second full paragraph is corrected
to read, ‘‘so as not to incur an addition
to tax due’’.
8. On page 17575, in the first column,
in the tenth line from the top of the first
partial paragraph, the language ‘‘taxexempt’’ is corrected to read ‘‘tax
exempt’’.
PO 00000
Frm 00020
Fmt 4700
Sfmt 4700
9. On page 17577, in the second
column, in the tenth line from the top
of the first full paragraph, the language
‘‘Section’’ is corrected to read ‘‘part’’.
10. On page 17581, in the third
column, the second line from the
bottom of the last partial paragraph the
language ‘‘Section’’ is corrected to read
‘‘section’’.
11. On page 17582, in the third
column, the last sentence of the first full
paragraph is corrected to read,
‘‘Although there is uncertainty as to the
exact number of small businesses within
this group, the current estimated
number of respondents to these final
rules is 20,000 taxpayers.’’.
12. On page 17583, in the first
column, in the fourth line the from the
bottom of the second full paragraph, the
column is corrected to read, ‘‘verified or
have received registration’’.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Corrections to the Regulations
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 is amended by adding the
entries for Sections 1.6417–0 through
1.6417–6 in numerical order and
removing the entry for section 1.6417–
5T to read in part as follows:
■
Authority: 26 U.S.C. 7805 * * *
*
*
*
*
*
Section 1.6417–0 also issued under 26
U.S.C. 6417(h).
Section 1.6417–1 also issued under 26
U.S.C. 6417(h).
Section 1.6417–2 also issued under 26
U.S.C. 6417(h).
Section 1.6417–3 also issued under 26
U.S.C. 6417(h).
Section 1.6417–4 also issued under 26
U.S.C. 6417(h).
Section 1.6417–5 also issued under 26
U.S.C. 6417(h).
Section 1.6417–6 also issued under 26
U.S.C. 6417(h).
*
*
*
*
*
Par. 2. Section 1.6417–0 is amended
by revising the entry for § 1.6417–1(b) to
read as follows:
■
§ 1.6417–0
Table of contents.
*
*
*
*
*
§ 1.6417–1 Elective payment election of
applicable credits.
*
*
*
*
*
(b) Annual tax return.
*
*
*
*
*
E:\FR\FM\16AUR1.SGM
16AUR1
Federal Register / Vol. 89, No. 159 / Friday, August 16, 2024 / Rules and Regulations
§ 1.6417–2
[Corrected]
Administration) at (202) 317–5436 (not
toll-free numbers).
SUPPLEMENTARY INFORMATION:
Par. 3. Section 1.6417–2 is amended
by removing the language ‘‘book and
records’’ in the second sentence of
paragraph (b)(3)(i) and adding the
language ‘‘books and records’’ in its
place.
■
§ 1.6417–4
[Corrected]
Par. 4. Section 1.6417–4 is amended
by removing the language ‘‘corporation.
(such as, for investment’’ in paragraph
(c)(1)(vi) and adding the language
‘‘corporation (such as, for investment’’
in its place.
■
Oluwafunmilayo A. Taylor,
Section Chief, Publications & Regulations
Section, Associate Chief Counsel, (Procedure
and Administration).
[FR Doc. 2024–17945 Filed 8–15–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1, 31, and 301
[TD 10000]
RIN 1545–BP71
Gross Proceeds and Basis Reporting
by Brokers and Determination of
Amount Realized and Basis for Digital
Asset Transactions; Correction
Internal Revenue Service (IRS),
Treasury.
ACTION: Final rule; correction.
AGENCY:
This document includes
corrections to the final regulations
(Treasury Decision 10000) published in
the Federal Register on Tuesday, July 9,
2024, regarding information reporting
and the determination of amount
realized and basis for certain digital
asset sales and exchanges.
DATES: These corrections are effective
on September 9, 2024.
FOR FURTHER INFORMATION CONTACT:
Concerning the final regulations under
sections 1001 and 1012, Alexa Dubert or
Kyle Walker of the Office of the
Associate Chief Counsel (Income Tax
and Accounting) at (202) 317–4718;
concerning the international sections of
the final regulations under sections
3406 and 6045, John Sweeney or Alan
Williams of the Office of the Associate
Chief Counsel (International) at (202)
317–6933; and concerning the
remainder of the final regulations under
sections 3406, 6045, 6045A, 6045B,
6050W, 6721, and 6722, Roseann
Cutrone of the Office of the Associate
Chief Counsel (Procedure and
lotter on DSK11XQN23PROD with RULES1
SUMMARY:
VerDate Sep<11>2014
16:32 Aug 15, 2024
Jkt 262001
Background
The final regulations (TD 10000)
subject to these corrections are issued
under sections 1001, 1012, 3406, 6045,
6045A, 6045B, 6050W, 6721, and 6722
of the Internal Revenue Code.
Corrections of Publication
Accordingly, FR Doc. 2024–14004 (TD
10000), appearing on page 56480 in the
Federal Register of Tuesday, July 9,
2024, is corrected as follows:
1. On page 56488, in the second
column, the eighth line from the bottom
of the column, is corrected to read ‘‘B)
and not as a digital asset sale
described’’;
2. On page 56489, in the first column,
the eighth line from the bottom of the
first full paragraph is corrected to read
‘‘(and not by any customers or
investors)’’;
3. On page 56490, in the third
column, the fourteenth line from the top
is corrected to read ‘‘these final
regulations, provides that’’;
4. On page 56499, in the first column,
in the eleventh line from the bottom, the
word ‘‘consequence’’ is corrected to
read ‘‘consequences’’;
5. On page 56502, in the third
column, the nineteenth line from the
bottom, is corrected to read ‘‘returns
under section 6045 is March 31 of the’’;
6. On page 56502, in the third
column, the tenth line from the bottom,
is corrected to read ‘‘before the statute
of limitations’’;
7. On page 56504, in the third
column, in the twenty-fourth line of the
first full paragraph, the word
‘‘stablecoins’’ is corrected to read,
‘‘stablecoin’’;
8. On page 56508, in the first column,
the fourth line of the continuing
paragraph is corrected to read,
‘‘According to comments, the average’’;
9. On page 56508, in the first column,
in the tenth line of the continuing
paragraph the word ‘‘comment’’ is
corrected to read ‘‘comments’’;
10. On page 56508, in the first
column, the first line of footnote 3 is
corrected to read ‘‘One comment cited
an article that referenced a report from’’;
11. On page 56508, in the first
column, the fourth and fifth sentences
of footnote 3 are corrected to read
‘‘Another said: ‘‘The data sets
underlying these estimates consist of
public blockchain data regarding NFT
volume, centralized exchange volume,
and decentralized exchange volume. See
Dune Analytics, https://dune.com/
browse/dashboards (last visited October
PO 00000
Frm 00021
Fmt 4700
Sfmt 4700
66563
30, 2023); Dune Analytics, https://
github.com/duneanalytics/spellbook/
tree/main (last visited October 30,
2023); The Block, https://
www.theblock.co/data/cryptomarkets/
spot/cryptocurrency-exchangevolumemonthly (last visited Oct. 30,
2023).’’ ‘‘;
12. On page 56508, in the first
column, the first line of footnote 4 is
corrected to read ‘‘One comment
referenced data’’;
13. On page 56516, in the third
column, the third line of the continuing
paragraph, ‘‘non-U.S. digital asset
broker, a’’, is removed;
14. On page 56517, in the first
column, the twelfth line from the
bottom of the continuing paragraph is
corrected to read ‘‘activities as an MSB
was permitted’’;
15. On page 56521, in the third
column, in the fifth line of the first full
paragraph the language ‘‘Am.’’ is
corrected to read ‘‘Amend’’;
16. On page 56536, in the third
column, in the eighth line from the
bottom of the first full paragraph, the
word ‘‘stablecoins’’ is corrected to read
‘‘stablecoin’’; and
17. On page 56542, in the first
column, the sixth sentence of the
second full paragraph is corrected to
read, ‘‘Based on tax return data, only
200 of the 9,700 firms identified as
impacted issuers in the upper bound
estimate exceed the $41.5 million
threshold.’’.
Oluwafunmilayo A. Taylor,
Section Chief, Publications and Regulations
Section, Associate Chief Counsel, (Procedure
and Administration).
[FR Doc. 2024–17946 Filed 8–15–24; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE INTERIOR
Office of Surface Mining Reclamation
and Enforcement
30 CFR Part 938
[SATS No. PA–165–FOR; Docket ID: OSM–
2016–0013; S1D1S SS08011000 SX064A000
245S180110; S2D2S SS08011000
SX064A000 24XS501520]
Pennsylvania Abandoned Mine Land
Reclamation Program
Office of Surface Mining
Reclamation and Enforcement, Interior.
ACTION: Final rule.
AGENCY:
We, the Office of Surface
Mining Reclamation and Enforcement
(OSMRE), are approving an amendment
to the Pennsylvania Abandoned Mine
SUMMARY:
E:\FR\FM\16AUR1.SGM
16AUR1
]]>Agencies
[Federal Register Volume 89, Number 159 (Friday, August 16, 2024)]
[Rules and Regulations]
[Pages 66562-66563]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-17945]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1 and 301
[TD 9988]
RIN 1545-BQ63
Elective Payment of Applicable Credits; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final rule; correction and correcting amendments.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to Treasury Decision 9988,
which was published in the Federal Register for Monday, March 11, 2024.
Treasury Decision 9988 issued final regulations concerning the election
under the Inflation Reduction Act of 2022 to treat the amount of
certain tax credits as a payment of Federal income tax.
DATES: These corrections are effective on August 16, 2024 and for dates
of applicability see Sec. Sec. 1.6417-1(q), 1.6417-2(f), 1.6417-3(f),
1.6417-4(f), 1.6417-5(d), 1.6417-6(e), 301.6241-1(b)(1), and 301.6241-
7(k)(3).
FOR FURTHER INFORMATION CONTACT: Concerning these final regulations,
Jeremy Milton at (202) 317-5665 and James Holmes at (202) 317-5114 (not
toll-free numbers).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9988) that are the subject of this
correction are under section 6417 of the Code.
Corrections to Publication
Accordingly, the final regulations (TD 9988) that are the subject
of FR Doc. 2024-04604, published on March 11, 2024, are corrected to
read:
1. On page 17550, in the first column, in the fourth line from the
top of the first full paragraph, the language ``designed'' is corrected
to read ``designated''.
2. On page 17552, in the third column, in the eighth line from the
bottom of the first full paragraph, the language ``cert denied'' is
corrected to read ``cert. denied''.
3. On page 17559, in the third column, in the twelfth line from the
top of the first partial paragraph, the language ``[ ]'' is corrected
to read ``...''.
4. On page 17560, in the first column, in the tenth line from the
top of the first partial paragraph, the language ``book'' is corrected
to read ``books''.
5. On page 17561, in the second column, in the eighth line from the
bottom of the last partial paragraph, the language ``tax-exempt'' is
corrected to read, ``tax exempt''.
6. On page 17561, in the third column, in the fifteenth line from
the top of the first partial paragraph, the language ``tax-exempt'' is
corrected to read ``tax exempt''.
7. On page 17562, in the second column, the third line from the
bottom of the second full paragraph is corrected to read, ``so as not
to incur an addition to tax due''.
8. On page 17575, in the first column, in the tenth line from the
top of the first partial paragraph, the language ``tax-exempt'' is
corrected to read ``tax exempt''.
9. On page 17577, in the second column, in the tenth line from the
top of the first full paragraph, the language ``Section'' is corrected
to read ``part''.
10. On page 17581, in the third column, the second line from the
bottom of the last partial paragraph the language ``Section'' is
corrected to read ``section''.
11. On page 17582, in the third column, the last sentence of the
first full paragraph is corrected to read, ``Although there is
uncertainty as to the exact number of small businesses within this
group, the current estimated number of respondents to these final rules
is 20,000 taxpayers.''.
12. On page 17583, in the first column, in the fourth line the from
the bottom of the second full paragraph, the column is corrected to
read, ``verified or have received registration''.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and recordkeeping requirements.
Corrections to the Regulations
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 is amended by adding the
entries for Sections 1.6417-0 through 1.6417-6 in numerical order and
removing the entry for section 1.6417-5T to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
* * * * *
Section 1.6417-0 also issued under 26 U.S.C. 6417(h).
Section 1.6417-1 also issued under 26 U.S.C. 6417(h).
Section 1.6417-2 also issued under 26 U.S.C. 6417(h).
Section 1.6417-3 also issued under 26 U.S.C. 6417(h).
Section 1.6417-4 also issued under 26 U.S.C. 6417(h).
Section 1.6417-5 also issued under 26 U.S.C. 6417(h).
Section 1.6417-6 also issued under 26 U.S.C. 6417(h).
* * * * *
0
Par. 2. Section 1.6417-0 is amended by revising the entry for Sec.
1.6417-1(b) to read as follows:
Sec. 1.6417-0 Table of contents.
* * * * *
Sec. 1.6417-1 Elective payment election of applicable credits.
* * * * *
(b) Annual tax return.
* * * * *
[[Page 66563]]
Sec. 1.6417-2 [Corrected]
0
Par. 3. Section 1.6417-2 is amended by removing the language ``book and
records'' in the second sentence of paragraph (b)(3)(i) and adding the
language ``books and records'' in its place.
Sec. 1.6417-4 [Corrected]
0
Par. 4. Section 1.6417-4 is amended by removing the language
``corporation. (such as, for investment'' in paragraph (c)(1)(vi) and
adding the language ``corporation (such as, for investment'' in its
place.
Oluwafunmilayo A. Taylor,
Section Chief, Publications & Regulations Section, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. 2024-17945 Filed 8-15-24; 8:45 am]
BILLING CODE 4830-01-P
