Comment on FR Doc # E7-06764

The proposed amendments to Reg. 1.1367-2 are expressed in a confusing way because the general rule is stated as an exception to what is actually the general rule. Also, this regulation, as presently existing and as proposed, contains much repetition, which tends to make the text more difficult to understand because the fact of certain provisions being repetitive is not immediately apparent from reading the regulations. I suggest that Reg. 1.1367-2 be restated from scratch. Thank you for considering my comments. Lawrence Lokken