[Federal Register Volume 60, Number 26 (Wednesday, February 8, 1995)]
[Proposed Rules]
[Pages 7487-7488]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-3106]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[IA-17-94; EE-36-94]
RIN 1545-AS74
Payment by Employer of Expenses for Club Dues, Meals and
Entertainment, and Spousal Travel; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correction to notice of proposed rulemaking.
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SUMMARY: This document contains corrections to the notice of proposed
rulemaking, which was published in the Federal Register for Friday,
December 16, 1994 (59 FR 64909). The proposed regulations relate to
reimbursements and other expense allowance arrangements, working
condition fringe benefits, expenses for club dues, spousal travel, and
business meals and entertainment that are disallowed as a deduction to
the employer.
FOR FURTHER INFORMATION CONTACT: Concerning regulations under sections
62 and 132, David N. Pardys, (202) 622-6040; concerning regulations
under section 274, John T. Sapienza, Jr., (202) 622-4920; and
concerning the hearing, Christina Vasquez, (202) 622-7190, (not toll-
free numbers).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking that is the subject of these
corrections is under section 62(c), 132(d), and 274 of the Internal
Revenue Code.
Need for Correction
As published, the notice of proposed rulemaking contains
typographical errors that are in need of correction.
Correction of Publication
Accordingly, the publication of the notice of proposed rulemaking
which is the subject of FR Doc. 94-30877, is corrected as follows:
[[Page 7488]]
1. On page 64909, in the preamble following the ACTION caption, the
language is corrected as follows:
``ACTION: Notice of proposed rulemaking and notice of public
hearing.''.
2. On page 64909, in the preamble following the DATES caption, the
paragraph is corrected as follows:
``DATES: Written comments must be received by March 24, 1995.
Requests to appear and outlines of oral comments to be presented at the
public hearing scheduled for April 14, 1995, at 10:00 a.m. must be
received by March 24, 1995.''.
3. On page 64909, in the preamble following the ADDRESSES caption,
the paragraph is corrected as follows:
ADDRESSES: Send submissions to: CC:DOM:CORP:T:R (IA-17-94; EE-36-
94), Room 5228, Internal Revenue Service, POB 7604, Ben Franklin
Station, Washington, D.C. 20044. In the alternative, submissions may be
hand delivered between the hours of 8:00 a.m. and 5:00 p.m. to:
CC:DOM:CORP:T:R (IA-17-94; EE-36-94), Courier's Desk, Internal Revenue
Service, 1111 Constitution Avenue, N.W., Washington, D.C. The public
hearing scheduled for April 14, 1995, will be held in the IRS
Auditorium, 7th floor, 1111 Constitution Avenue, N.W., Washington,
D.C.''.
4. On page 64909, in the preamble following the paragraph heading
``Explanation of Provisions'', column 3, first full paragraph, line 3,
the language ``employee to an employee may be'' is corrected to read
``employer to an employee may be''.
5. On page 64910, in the preamble following the paragraph heading
``Explanation of Provisions'', column 1 , first full paragraph, line
10, the word ``provide'' is corrected to read ``preclude''.
6. On page 64910, in the preamble following the paragraph heading
``Explanation of Provisions'', column 1, first full paragraph, third
line from the bottom of the paragraph, the section ``274(M)(3)'' is
corrected to read ``274(m)(3)''.
7. On page 64911, column 1, Sec. 1.132-5, paragraph (s)(2), Example
2., second line from the bottom of the paragraph, the language ``entire
of the club membership) in gross'' is corrected to read ``entire value
of the club membership) in gross''.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 95-3106 Filed 2-7-95; 8:45 am]
BILLING CODE 4830-01-P
