Internal Revenue Bulletin: 2007-51 |
December 17, 2007 |
Withholding Procedure Under Section 1441 for Certain Distributions to Which Section 302 Applies; Correction
Table of Contents
This document contains corrections to proposed regulations (REG-140206-06, 2007-46 I.R.B. 1006) that were published in the Federal Register on Wednesday, October 17, 2007 (72 FR 58781) regarding a withholding agent’s obligation to withhold and report tax under Chapter 3 of the Internal Revenue Code when there is a distribution in redemption of stock of a corporation that is actively traded on an established financial market.
The notice of proposed rulemaking (REG-140206-06) that is the subject of this correction is under section 1441 of the Internal Revenue Code.
As published, this notice of proposed rulemaking (REG-140206-06) contains an error that may prove to be misleading and is in need of clarification.
Accordingly, the notice of proposed rulemaking (REG-140206-06) that was the subject of FR. Doc. E7-20504 is corrected as follows:
On page 58781, column 3, in the preamble, under the caption “FOR FURTHER INFORMATION CONTACT:”, line 2, the language “Kathryn Holman, (202) 622-3440 (not a” is corrected to read “Kathryn Holman, (202) 622-3840 (not a”.
LaNita Van Dyke,
Chief,
Publications and
Regulations Branch,
Legal Processing
Division,
Associate Chief Counsel
(Procedure
and Administration).
Note
(Filed by the Office of the Federal Register on November 7, 2007, 8:45 a.m., and published in the issue of the Federal Register for November 8, 2007, 72 F.R. 63143)
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