[Federal Register: August 24, 2006 (Volume 71, Number 164)]
[Rules and Regulations]
[Page 49992]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr24au06-7]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9263]
RIN 1545-BE33
Income Attributable to Domestic Production Activities; Correction
Notice
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final regulations; correction notice.
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SUMMARY: This document contains corrections to final regulations that
were published in the Federal Register on Thursday, June 1, 2006 (71 FR
31268) concerning the deduction for income attributable to domestic
production activities under section 199.
DATES: These corrections are effective June 1, 2006.
FOR FURTHER INFORMATION CONTACT: Concerning Sec. 1.199-1, 1.199-3,
1.199-6, and 1.199-8, Paul Handleman or Lauren Ross Taylor, (202) 622-
3040; concerning Sec. 1.199-2, Alfred Kelley, (202) 622-6040;
concerning Sec. 1.199-4(c) and (d), Richard Chewning, (202) 622-3850;
concerning all other provisions of Sec. 1.199-4, Jeffery Mitchell,
(202) 622-4970; concerning Sec. 1.199-7, Ken Cohen, (202) 622-7790;
concerning Sec. 1.199-9, Martin Schaffer, (202) 622-3080 (not toll-
free numbers).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9263) that are the subject of these
corrections are under section 199 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9263) contains errors that may
prove to be misleading and are in need of clarification.
Correction of Publication
Accordingly, the final regulations (TD 9263), that was the subject
of FR Doc. 06-4829, is corrected as follows:
1. On page 31270, column 3, in the preamble, under the paragraph
heading ``Wage Limitation'', first paragraph, line 6, the language
``2006-22 (2006-22 I.R.B.) has been'' is corrected to read ``2006-22
(2006-23 I.R.B. 1033) has been''.
2. On page 31274, column 3, in the preamble, under the paragraph
heading ``Derived From a Lease, Rental, License, Sale, Exchange, or
Other Disposition'', first paragraph of the column, line 10 from the
bottom of the paragraph, the language ``(3)(l)(1), the preamble example
is not'' is corrected to read ``(3)(i)(1), the preamble example is
not''.
3. On page 31278, column 1, in the preamble, under the paragraph
heading ``Construction of Real Property'', first full paragraph of the
column, line 4, the language ``exception of Sec. 1.199-3(1)(5)(ii)''
is corrected to read ``exception of Sec. 1.199-3(l)(5)(ii) of the
proposed regulations''.
4. On page 31281, column 1, in the preamble, under the paragraph
heading ``Pass-Thru Entities'', first paragraph of the column, line 26
from the top of the paragraph, the language ``members (and vice versa)
for attribution'' is corrected to read ``members for attribution''.
5. On page 31282, column 2, in the preamble, under the paragraph
heading ``Effective Date'', paragraph 2, line 10 from the top of the
paragraph, the language ``(of this chapter) for a taxable year'' is
corrected to read ``for a taxable year''.
LaNita Van Dyke,
Acting Branch Chief, Publications and Regulations Branch, Legal
Processing Division, Associate Chief Counsel (Procedure and
Administration).
[FR Doc. E6-14005 Filed 8-23-06; 8:45 am]
BILLING CODE 4830-01-P