C1-2021-27887. Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income

Correction

In Rule document 2021-27887, appearing on pages 276-376, in the issue of Tuesday, January 4, 2022, make the following corrections:

§ 1.861-20

[Corrected]

1. On page 327, in the first column, in amendatory instruction Par. 22, the table is corrected to read as set forth below:

Old paragraph	New paragraph
(b)(17)	(b)(18)
(b)(18)	(b)(19)
(b)(19)	(b)(20)
(b)(20)	(b)(21)
(b)(21)	(b)(23)
(b)(22)	(b)(24)
(b)(23)	(b)(25)
(b)(24)	(b)(26)

§ 1.905-3

[Corrected]

2. On page 373, in the first column, amendatory instruction Par. 29, is corrected to read as set forth below:

Par. 29. Section 1.905-3 is amended:

1. In paragraph (a), by revising the first two sentences.

2. In paragraph (b)(1)(ii)(B)( 1 ), by removing the language “USC Effective” and adding the language “USC. Effective” in its place.

3. By adding paragraph (b)(4).

4. By revising paragraph (d).