Internal Revenue Bulletin: 2005-39
September 26, 2005
Section 1446 Regulations; Withholding on Effectively-Connected Taxable Income Allocable to Foreign Partners; Correction
Table of Contents
This document corrects a notice of proposed rulemaking (REG-108524-00, 2005-23 I.R.B. 1209) that was published in the Federal Register on Wednesday, May 18, 2005 (70 FR 28743). The document contains regulations providing guidance under section 1446 of the Internal Revenue Code relating to the circumstances under which a partnership may take partner-level deductions and losses into account in computing its withholding tax obligation with respect to a foreign partner’s allocable share of effectively connected taxable income.
The notice of proposed rulemaking and notice of public hearing (REG-108524-00) that is the subject of these corrections are under section 1446 of the Internal Revenue Code.
As published, REG-108524-00 contains errors that may prove to be misleading and are in need of clarification.
Accordingly, the notice of proposed rulemaking and notice of public hearing (REG-108524-00), that was the subject of FR Doc. 05-9423, is corrected as follows:
1. On page 28743, column 1, in the preamble, under the caption “DATES:”, last line, the language “must be received by August 16, 2005.” is corrected to read “must be received by September 12, 2005.”.
2. On page 28743, column 2, in the preamble, under the caption “FOR FURTHER INFORMATION CONTACT:”, line 3, the language “the hearing, Jacqueline Turner at (202)” is corrected to read “the hearing, Richard A. Hurst at (202)”.
3. On page 28744, column 1, in the preamble, under the paragraph heading, “Comments and Public Hearing”, third paragraph, line 8, the language “and eight (8) copies) by August 16,” is corrected to read “and eight (8) copies) by September 12,”.
Acting Chief, Publications and
Legal Processing Division,
Associate Chief Counsel
(Procedure and Administration).
(Filed by the Office of the Federal Register on September 2, 2005, 8:45 a.m., and published in the issue of the Federal Register for September 6, 2005, 70 F.R. 52952)
|More Internal Revenue Bulletins|