Internal Revenue Bulletin: 2010-22
June 1, 2010
Table of Contents
This document contains a correction to final regulations (T.D. 9350, 2007-2 C.B. 614) which were published in the Federal Register on Friday, August 3, 2007 (72 FR 43146) that modify the rules relating to the disclosure of reportable transactions under section 6011.
Charles D. Wien or Michael H. Beker, (202) 622-3070 (not a toll-free number).
The final regulations (T.D. 9350) that are the subject of this document are under section 6011 of the Internal Revenue Code.
As published, the final regulations (T.D. 9350) contain an error that may prove to be misleading and is in need of clarification.
* * * * *
Accordingly, 26 CFR part 1 is corrected by making the following correcting amendment:
Paragraph 1. The authority citation for part 1 continues to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
Par. 2. Section 1.6011-4 is amended by revising the fifth sentence of paragraph (e)(1) to read as follows:
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(e) * * *
(1) * * * In the case of a taxpayer that is a partnership, an S corporation, or a trust, the disclosure statement for a reportable transaction must be attached to the partnership, S corporation, or trust’s tax return for each taxable year in which the partnership, S corporation, or trust participates in the transaction under the rules of paragraph (c)(3)(i) of this section. * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division,
Associate Chief Counsel,
(Procedure and Administration).
(Filed by the Office of the Federal Register on May 10, 2010, 8:45 a.m., and published in the issue of the Federal Register for May 11, 2010, 75 F.R. 26061)
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