96-21599. Allocation of Loss on Disposition of Stock; Correction

[Federal Register Volume 61, Number 167 (Tuesday, August 27, 1996)]
[Proposed Rules]
[Page 44024]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-21599]


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DEPARTMENT OF THE TREASURY
26 CFR Part 1

[INTL-4-95]
RIN 1545-AT41


Allocation of Loss on Disposition of Stock; Correction

AGENCY: Internal Revenue Service, Treasury.

ACTION: Correction to the notice of proposed rulemaking.

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SUMMARY: This document contains corrections to the notice of proposed 
rulemaking (INTL-4-95) which was published in the Federal Register on 
Monday, July 8, 1996 (61 FR 35696). The notice of proposed rulemaking 
relates to the allocation of loss realized on the disposition of stock.

FOR FURTHER INFORMATION CONTACT: Seth B. Goldstein [phone] (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking that is subject to these 
corrections is under section 865 of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (INTL-4-95) 
contains an error that may prove to be misleading and is in need of 
clarification.

Correction of Publication

    Accordingly, the publication of proposed rulemaking (INTL-4-95) 
which is the subject of FR Doc. 96-17004 is corrected as follows:


Sec. 1.904-4  [Corrected]

    On page 35701, column 2, Sec. 1.904-4, paragraph (c)(2)(i), line 
11, the language ``January 1, 1988. Paragraph (2)(ii)(B) of'' is 
corrected to read ``January 1, 1988. Paragraph (c)(2)(ii)(B) of''.
Michael L. Slaughter,
Acting Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 96-21599 Filed 8-26-96; 8:45 am]
BILLING CODE 4830-01-P