Z7-12902. Excise Taxes on Prohibited Tax Shelter Transactions and Related Disclosure Requirements; Disclosure Requirements With Respect to Prohibited Tax Shelter Transactions; Requirement of Return and Time for Filing  

  • [Federal Register Volume 72, Number 171 (Wednesday, September 5, 2007)]
    [Corrections]
    [Page 51009]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: Z7-12902]
    
    
    -----------------------------------------------------------------------
    
    DEPARTMENT OF THE TREASURY
    
    Internal Revenue Service
    
    26 CFR Parts 1, 53, 54 and 301
    
    [REG-142039-06; REG-139268-06]
    RIN 1545-BG18; 1545-BG20
    
    
    Excise Taxes on Prohibited Tax Shelter Transactions and Related 
    Disclosure Requirements; Disclosure Requirements With Respect to 
    Prohibited Tax Shelter Transactions; Requirement of Return and Time for 
    Filing
    
    Correction
    
        In proposed rule document E7-12902 beginning on page 36927 in the 
    issue of Friday, July 6, 2007, make the following corrections:
        1. On page 36927, in the second column, in the first paragraph, 
    ``Sec. Sec. '' is corrected to read ``sections'' wherever it appears.
        2. On the same page, in the same paragraph, ``Sec. '' is corrected 
    to read ``section'' wherever it appears.
        3. On the same page, in the third column, in the second paragraph, 
    in the 14th line, ``1,250'' should read ``1250''.
        4. On the same page, in the same column, the small table following 
    the second paragraph to read as follows:
    
    Recordkeeping.............................  6 hr., 13 min.
    Learning about the law or the form........  4 hr. 28 min.
    Preparing, copying, assembling, and         4 hr. 46 min.
     sending the form to the IRS..............
     
    
        4. On the same page, in the same column, in the sixth line from the 
    bottom of the page, ``Sec. '' is corrected to read ``section''.
        5. On the same page, in the same column, in the fifth line from the 
    bottom of the page, ``Sec. Sec. '' is corrected to read ``sections''.
        6. On page 36928, in the first column, in the 17th line, ``Sec. '' 
    should read ``section''.
        7. On the same page, in the same column, in the 20th line, 
    ``Sec. '' should read ``section''.
        8. On the same page, in the same column, under the heading 
    ``Covered Tax-Exempt Entities'', ``Sec. '' is corrected to read 
    ``section'' wherever it appears.
        9. On the same page, in the same paragraph, in the third line 
    ``Sec. Sec. '' is corrected to read ``sections''.
        10. On the same page, in the same column, in the last line of the 
    column, ``Sec. '' should read ``section''.
        11. On the same page, in the second and third columns, ``Sec. '' 
    should read ``section'' wherever it appears.
        12. On the same page, in the same column, in the 18th line, 
    ``Sec. Sec. '' should read ``sections''.
        13. On page 36929, in the first and second columns, ``Sec. '' 
    should read ``section'' wherever it appears.
    
    
    Sec.  53.4965-3  [Corrected]
    
        14. On page 36932, in the second column, in Sec.  53.4965-3(a), in 
    the third line, ``means'' should read ``means''.
    
    
    Sec.  53.4965-8  [Corrected]
    
        15. On page 36937, in the first column, in Sec.  53.4965-8(f), in 
    Example 1, in paragraph (i), in the last line, ``Sec.  
    601.601(d)(2)(ii)(b)'' should read ``Sec.  601.601(d)(2)(ii)(b)''.
    
    [FR Doc. Z7-12902 Filed 9-4-07; 8:45 am]
    BILLING CODE 1505-01-D
    
    
    

Document Information

Comments Received:
0 Comments
Published:
09/05/2007
Department:
Internal Revenue Service
Entry Type:
Correction
Document Number:
Z7-12902
Pages:
51009-51009 (1 pages)
Docket Numbers:
REG-142039-06, REG-139268-06
PDF File:
z7-12902.pdf