80 FR 60293 - Controlled Group Regulation Examples; Correction

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 193 (October 6, 2015)

This document contains corrections to final regulations (TD 9737) that were published in the Federal Register on Tuesday, September 15, 2015 (80 FR 55243). The final rules are with revisions to examples that illustrate the controlled group rules applicable to regulated investment companies (RICs).

[Federal Register Volume 80, Number 193 (Tuesday, October 6, 2015)]
[Rules and Regulations]
[Page 60293]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-25355]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9737]
RIN 1545-BK96


Controlled Group Regulation Examples; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Final regulations; correction.

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SUMMARY: This document contains corrections to final regulations (TD 
9737) that were published in the Federal Register on Tuesday, September 
15, 2015 (80 FR 55243). The final rules are with revisions to examples 
that illustrate the controlled group rules applicable to regulated 
investment companies (RICs).

DATES: This correction is effective October 6, 2015 and applicable 
September 15, 2015.

FOR FURTHER INFORMATION CONTACT: Julanne Allen at (202) 317-6945 or 
Susan Baker at (202) 317-7053 (not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The final regulation (TD 9737) that is the subject of this 
correction is under section 851(c) of the Internal Revenue Code.

Need for Correction

    As published, the final regulation (TD 9737) contains errors that 
may prove to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the final regulation (TD 9737), that is the subject of 
FR Rule Doc. 2015-23137, published September 15, 2015 (80 FR 55243), is 
corrected as follows:
    1. On page 55243, in the preamble, third column, under section 
heading ``1. Fund of Funds, second line from the bottom of the first 
full paragraph, ``a Lower RIC have different quarter end'' is corrected 
to read ``a Lower RIC have different quarter-end''.
    2. On page 55245, in the preamble, first column, fifth line from 
the bottom of the first full paragraph, ``test in section 
851(b)(3)(ii); and '' is corrected to read ``851(b)(3)(B)(ii)''.
    3. On page 55245, in the preamble, first column, first line from 
the bottom of the first full paragraph, ``in section 851(b)(3)(iii).'' 
is corrected to read ``in section 851(b)(3)(B)(iii).''

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2015-25355 Filed 10-5-15; 8:45 am]
 BILLING CODE 4830-01-P