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Home » 2009 Issues » 74 FR (06/08/2009) » E9-13241. Use of Actuarial Tables in Valuing Annuities, Interests for Life or Terms of Years, and Remainder or Reversionary Interests; Correction

  E9-13241. Use of Actuarial Tables in Valuing Annuities, Interests for Life or Terms of Years, and Remainder or Reversionary Interests; Correction  

  • Start Preamble

    AGENCY:

    Internal Revenue Service (IRS), Treasury.

    ACTION:

    Correcting amendment.

    SUMMARY:

    This document contains a correction to final regulations (TD 9448), that were published in the Federal Register on Thursday, May 7, 2009 (74 FR 21438). This regulation relates to the use of actuarial tables in valuing annuities, interests for life or terms of years, and remainder or reversionary interests.

    DATES:

    This correction is effective on June 8, 2009 and is applicable beginning May 1, 2009.

    Start Further Info

    FOR FURTHER INFORMATION CONTACT:

    Mayer R. Samuels, (202) 622-3090 (not a toll-free number).

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    SUPPLEMENTARY INFORMATION:

    Background

    The final regulation (TD 9448) that is the subject of this correction is under sections 170 and 2032 of the Internal Revenue Code.

    Need for Correction

    As published, TD 9448 contains errors that may prove to be misleading and is in need of clarification.

    Start List of Subjects

    List of Subjects

    26 CFR Part 1

    • Income taxes
    • Reporting and recordkeeping requirements

    26 CFR Part 20

    • Estate taxes
    • Reporting and recordkeeping requirements
    End List of Subjects

    Correction of Publication

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    Accordingly, 26 CFR parts 1 and 20 is corrected by making the following correcting amendments:

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    PART 1—INCOME TAXES

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    Paragraph 1. The authority citation for part 1 continues to read in part as follows:

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    Authority: 26 U.S.C. 7805 * * *

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    Par. 2. For each section listed in the table below, remove the language in the Start Printed Page 27080“Remove” column and add in its place the language in the “Add” column as set forth below:

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    SectionRemoveAdd
    § 1.170A-12(e)(2) following the formulaTable 90CM in § 20.2031-7Table 2000CM in § 20.2031-7T.
    Start Part

    PART 20—ESTATE TAX; ESTATES OF DECEDENTS DYING AFTER AUGUST 16, 1954

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    Par. 3. The authority citation for part 20 continues to read in part as follows:

    End Amendment Part Start Authority

    Authority: 26 U.S.C. 7805 * * *

    End Authority Start Amendment Part

    Par. 4. Section 20.2032-1 is amended by revising paragraph (f)(1) to read as follows:

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    Alternate valuation.
    * * * * *

    (f) * * *

    (1) [Reserved]. Further guidance, see § 20.2032-1T(f)(1).

    * * * * *
    Start Signature

    Treena V. Garrett,

    Federal Register Liaison, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).

    End Signature End Supplemental Information

    [FR Doc. E9-13241 Filed 6-5-09; 8:45 am]

    BILLING CODE 4830-01-P

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Document Information

Comments Received:
0 Comments
Effective Date:
6/8/2009
Published:
06/08/2009
Department:
Internal Revenue Service
Entry Type:
Rule
Action:
Correcting amendment.
Document Number:
E9-13241
Dates:
This correction is effective on June 8, 2009 and is applicable beginning May 1, 2009.
Pages:
27079-27080 (2 pages)
Docket Numbers:
TD 9448
RINs:
1545-BH96: Use of Actuarial Tables in Valuing Annuities, Interests for Life, or Terms of Years, and Remainder or Reversionary Interests, 1545-BI56: Use of Actuarial Tables in Valuing Annuities, Interests for Life, or Terms of Years, and Remainder or Reversionary Interests
RIN Links:
https://www.federalregister.gov/regulations/1545-BH96/use-of-actuarial-tables-in-valuing-annuities-interests-for-life-or-terms-of-years-and-remainder-or-r, https://www.federalregister.gov/regulations/1545-BI56/use-of-actuarial-tables-in-valuing-annuities-interests-for-life-or-terms-of-years-and-remainder-or-r
Topics:
Estate taxes, Income taxes, Reporting and recordkeeping requirements
PDF File:
e9-13241.pdf
CFR: (1)
26 CFR 20.2032-1