98-5641. Abatement of Interest; Correction

[Federal Register Volume 63, Number 43 (Thursday, March 5, 1998)]
[Proposed Rules]
[Pages 10798-10799]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-5641]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 301

[REG-209276-87]
RIN 1545-AV32


Abatement of Interest; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking.

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SUMMARY: This document contains a correction to REG-209276-87, which 
was published in the Federal Register on Thursday, January 8, 1998 (63 
FR 1086), relating to the abatement of interest attributable to 
unreasonable errors or delays by an officer or employee of the IRS.

FOR FURTHER INFORMATION CONTACT: David Auclair, [phone] (not a 
toll-free number).


[[Page 10799]]


SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking that is the subject of this 
correction is under section 6404 of the Internal Revenue Code.

Need for Correction

    As published, REG-209276-87 contains an error which may prove to be 
misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
(REG-209276-87), which is the subject of FR Doc. 98-19, is corrected as 
follows:
    On page 1087, column 3, in the preamble under the paragraph reading 
``Explanation of Provisions'', the first full paragraph in the column 
is corrected to read:
    The provisions of the regulations are proposed to apply to interest 
accruing with respect to deficiencies or payments of any tax described 
in section 6212(a) for taxable years beginning after July 30, 1996.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 98-5641 Filed 3-4-98; 8:45 am]
BILLING CODE 4830-01-P