Internal Revenue Bulletin: 2007-23
June 4, 2007
Table of Contents
This document contains a correction to notice of proposed rulemaking (REG-156779-06, 2007-17 I.R.B. 1015) that was published in the Federal Register on Friday, March 30, 2007 (71 FR 15081) providing guidance relating to the determination of the amount of taxes paid for purposes of section 901.
The notice of proposed rulemaking (REG-156779-06) that is the subject of this correction is under section 901 of the Internal Revenue Code.
As published, this notice of proposed rulemaking (REG-156779-06) contains an error that may prove to be misleading and is in need of clarification.
Accordingly, the notice of proposed rulemaking (REG-156779-06), that was the subject of FR Doc. E7-5862, is corrected as follows:
On page 15085, column 3, in the preamble, first full paragraph of the column, under the paragraph heading “3. Comments and Proposed Regulations”, lines 1 and 2, the language “The fifth condition is that the counterparty is a person (other than the” is corrected to read “The fifth condition is that the arrangement involves a counterparty. A counterparty is a person (other than the”.
LaNita Van Dyke,
Publications and Regulations Branch,
Legal Processing Division,
Office of Associate Chief Counsel
(Procedure and Administration).
(Filed by the Office of the Federal Register on May 9, 2007, 8:45 a.m., and published in the issue of the Federal Register for May 10, 2007, 72 F.R. 26576)
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