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64 FR (09/30/1999) » 99-25233. Regulations Under Section 382 of the Internal Revenue Code of 1986; Application of Section 382 in Short Taxable Years and With Respect to Controlled Groups; Correction
99-25233. Regulations Under Section 382 of the Internal Revenue Code of 1986; Application of Section 382 in Short Taxable Years and With Respect to Controlled Groups; Correction
[Federal Register Volume 64, Number 189 (Thursday, September 30, 1999)]
[Rules and Regulations]
[Page 52650]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-25233]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 8825]
RIN 1545-AU33
Regulations Under Section 382 of the Internal Revenue Code of
1986; Application of Section 382 in Short Taxable Years and With
Respect to Controlled Groups; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correction to final regulations.
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SUMMARY: This document contains corrections to TD 8825, which was
published in the Federal Register on Friday, July 2, 1999 (64 FR
36175). These regulations relate to limitations on net operating loss
carryovers and certain built-in losses following an ownership change of
a corporation.
EFFECTIVE DATE: July 2, 1999.
FOR FURTHER INFORMATION CONTACT: Lee A. Kelley at (202) 622-7550 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations that are the subject of these corrections are
under section 382 of the Internal Revenue Code.
Need for Correction
As published, TD 8825 contains errors which may prove to be
misleading and are in need of clarification.
Correction of Publication
Accordingly, the publication of the final regulations (TD 8825),
which are the subject of FR Doc. 99-16163, is corrected as follows:
1. On page 36177, column 2, instructional paragraph 2, the language
``Par 2. Section 382-1 is amended by'' is corrected to read ``Par. 2.
Section 1.382-1 is amended by:''.
2. On page 36177, column 3, the section heading ``Sec. 1.1382-2
[Amended]'' is corrected to read ``Sec. 1.382-2 [Amended]''.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 99-25233 Filed 9-29-99; 8:45 am]
BILLING CODE 4830-01-P
Document Information
- Effective Date:
- 7/2/1999
- Published:
- 09/30/1999
- Department:
- Internal Revenue Service
- Entry Type:
- Rule
- Action:
- Correction to final regulations.
- Document Number:
- 99-25233
- Dates:
- July 2, 1999.
- Pages:
- 52650-52650 (1 pages)
- Docket Numbers:
- TD 8825
- RINs:
- 1545-AU33: Regulations Under Section 382
- RIN Links:
- https://www.federalregister.gov/regulations/1545-AU33/regulations-under-section-382
- PDF File:
-
99-25233.pdf
- CFR: (1)
- 26 CFR 1