Correction to TD 8852

Federal Register / Vol. 6 5 ,

Na. 47 /'rhursday, March

9, 2000 /Rules and Regukations

12471

-

imincdintolv after "T.D. 95-20" in thr
column hoadcd "T.D. No.".

ACTION:

Correction of final and
tornporary rogulatioris.

prove to bc mnidaadjng and is in need

Raymond W. Kelly,

This dmmeu t contains
correctioiw to final regulations which
were published in the Ferlerd Register
on Friday, April 30,1999 (64 FR 231871,
d a t i n g to tho usc olnctuariaI tablos in
valuing annuiiie.5. interosls fnr iifi?or
terms of years. nr~tlremailldor or
reversionary iuterests.
DATES: This correction is effechve May

CorrectIan of Publication

of clarificatioi~.

SUMMARY:

A p p r o v d drlarch 1. Igg9.
Iohn P. Simpson,
Dupr~i~v
Assisrorlr Secrciury of the Tmsury.
[EXI)m. Oa"l~r1 F i l d 34i-(lO; 4:00 pmJ
BILLING CODE 4 8 1 0 4 2 4

DEPARTMENT OF THE TREASURY

1, 1999.

lntemat Revenue Service

f OR FURTHER INFORMARON CONTACT:

26 CFR Part 7

William L.Blodgett at (202) 622-3090
(not o toll-hnc numbor].

Accordingly, tlie publication o l the
find rcgi~lniions ~(MIY], which wem
thc subjcci of FR Doc. 99-10533.is
corroctad a s follaws:
1.On page 23229, in thc table in
amendatory izlstrudion Par. 32, the
entry for l.fiFie'L(c) i s cwrccied to rend
HS

follows:

P O 8819J

RLN 1545-AX14

Use of Actuarial Tables In Valulng
Annuities, intorests for Life or Term of
Years, and Remainder or Reversionary

Tbo final regulalious lhat are subjecl
of these corrections are ur~drnsection
7520 of the Internal Rewnue Code.
Need for Correction

Interests; Correction

InturnaJ Revcnua Servicc (M), As publishcd, the final mgulatioru
(TD 8819) coritniu an orror thnl tnay
Trcaswy .
AGENCY:

-

Remove

Section

1.664-2(c), sinh sentence

....... ..............,

......... .... .

Dale D. E o d e ,
Fudurul Register Liuisun. Assistun t Chief
Coulrsd ( G J F ~ u I . ~ ~ ~ ] .
P T Doc. 0 k 5 2 4 5 Filcd 3-040; 8 4 5 an)]
BlLWC C O M 4 U b M - U

April 30,1889

Internal Revenue Service
26 CFR Part I
ITD Bas21

REG

RIN 1545AT52

Passthrough of Items of an S
CorporaBon to its Shareholders;

April

30,1999

thc treatment of dis~ibutionsby a11 S

01.136W [Corrected]

corpralion.

1.On page 71648,column 3,
6 1.1366-4{c). lhird line from the botlnm
of the paragraph. (he language, ''that
anlouni of h e tax as the amo im t of' is

This correclion i s effective
k a m l , c r 22. 1099.
DATES:

Martin Schaffnr, Dcnne Btukc, or David
Shulrnan nr (2021 622-3070. or Brcnda
Stewart al (2021622-3120 (not toll-free
numbers].
/

SUPPLEMENTARY INFORMATION:

Background

The final regulations lhat are subject
to these corrections are rirrdtr sections
1366,1367,nnd 1368 of the ititurnal

Rr:vc~~uc
C:odo.
Need
for
AGEUCY: ~ntcrnaj~ovenut!
S~rvico~IRSI.
Trpas iiry.
As published, lhr! Rnnl mgulaliofls
ACTION: C:orrociiun to final rcgulalions.
IT^ 8852) coniaillermrs that may prove
tx: Inisleading and am ill need+of
SUMMARY: This document contains
clarification.
comctiolu to final mpulations which
wcrc published in thG~ederdRegister Correction of Publication
on Wcdncsday. Dccemhr 22,1039 (64
Accordingly, the puhlicatio~iof the
FR 716411, d a t i n g to the I)n.~stlrough
of
final rugulatiuns RD 88521, which wcro
itcms of an S cnrpornlion to ils
the subject of FR Doc. 09-32697. is
shmoholders, tho ad jlrstmcnts to the
cnrn:cted as follows:
basis of stock of the sharchnlclers. and
Correction

......

.... ...........

FOR FURTHER INFORMATION CONTACT:

OEPARTMENT OF THE TREASURY

Add

cormctcd to read "the n m o m t of t11c t
n
q the net aninunl or'.

5 1.1367-1

, ~

{Corrected]

2. On page 71649, column 2 ,
(j 1.1367-1(h]Examp~c5.(i), lines 7
through I I, tho language, "sf!r:tinu
1377(a)(2)(B)aud § 1.1377-l(bX21,D
and C aro affected sharcholdcrs kcnusu
B has transfcrrcd s h m s tu Corporation
S Pursuaut to seclit)~~
1377{n)(2 )(A) all11
5 I.I:177-l(h)(l), I1 nrltl (:. the aIfec,tf:rl"

corr~:ladto read "section
1377(a)(2)tB)nnd 3 1.1377-1 11))(2), B,C,
and D arc affc~tedsharr:l~oldcrshca~~sr!
is

13 has tmnsforrd sharos lo l:nrporalions
S nnd D.Pllrsuallt to section
1377(a)(Z)(A) and 9 1.1377fi)(1), B, I:,
and D, ~ h nffcctcd".
o
FI?II/CNJ/
R~-,$.F~cI.
L~LI~SWII,
Assist(111I Ctii~$
Cnunsrl ILbrp~mte].
IPK DL%.1111-5244 Filcd 3 4 4 0 : H:45 a1111
BILLING CODE U 3 M 1 - U