95-3770. Disposition of an Interest in a Nuclear Power Plant; Correction

[Federal Register Volume 60, Number 32 (Thursday, February 16, 1995)]
[Rules and Regulations]
[Page 8932]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-3770]



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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 8580]
RIN 1545-AN06


Disposition of an Interest in a Nuclear Power Plant; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains corrections to the final regulations 
(TD 8580), which was published in the Federal Register for Tuesday, 
December 27, 1994 (59 FR 66471). The final regulation relates to 
certain Federal income tax consequences of a disposition of an interest 
in a nuclear power plant by a taxpayer that has maintained a nuclear 
decommissioning fund with respect to that plant.

EFFECTIVE DATE: December 27, 1994.

FOR FURTHER INFORMATION CONTACT: Peter C. Friedman, [phone] (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of these corrections are 
under section 468A of the Internal Revenue Code.

Need for Correction

    As published, TD 8580 contains errors which may prove to be 
misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of final regulations (TD 8580), which 
were the subject of FR Doc. 94-31428, is corrected as follows:


Sec. 1.468A-3  [Corrected]

    1. On page 66474, column 1, preceding Sec. 1.468A-3, in 
instructional ``Par. 4.'', paragraph 2a is added immediately following 
the text of paragraph 2 to read as follows:
    2a. In newly designated paragraph (h)(1)(vi), the reference 
``paragraph (h)(1)(viii)'' is removed and ``paragraph (h)(1)(vii)'' is 
added in its place.


Sec. 1.468A-5  [Corrected]

    2. On page 66474, column 2, preceding Sec. 1.468A-5, in 
instructional ``Par. 5.'', paragraph 3a is added immediately following 
the text of paragraph 3 to read as follows:
    3a. In newly designated paragraph (b)(2)(vii) introductory text, 
the reference ``paragraph (b)(2)(vi)'' is removed from the last 
sentence and ``paragraph (b)(2)(vii)'' is added in its place.
Dale D. Goode,
Federal Register Liaison Officer, Assistant Chief Counsel (Corporate).
[FR Doc. 95-3770 Filed 2-15-95; 8:45 am]
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