81 FR 68378 - Estate, Gift, and Generation-Skipping Transfer Taxes; Restrictions on Liquidation of an Interest; Correction

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 81, Issue 192 (October 4, 2016)

Page Range		68378-68379
FR Document		2016-23957

This document contains a correction to a notice of proposed rulemaking (REG-163113-02) that was published in the Federal Register on Thursday, August 4, 2016 (81 FR 51413). The proposed regulations concern the valuation of interests in corporations and partnerships for estate, gift, and generation-skipping transfer tax purposes.

Federal Register, Volume 81 Issue 192 (Tuesday, October 4, 2016)

[Federal Register Volume 81, Number 192 (Tuesday, October 4, 2016)]
[Proposed Rules]
[Pages 68378-68379]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-23957]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-163113-02]
RIN 1545-BB71


Estate, Gift, and Generation-Skipping Transfer Taxes; 
Restrictions on Liquidation of an Interest; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking.

-----------------------------------------------------------------------

SUMMARY: This document contains a correction to a notice of proposed 
rulemaking (REG-163113-02) that was published in the Federal Register 
on Thursday, August 4, 2016 (81 FR 51413). The proposed regulations 
concern the valuation of interests in corporations and partnerships for 
estate, gift, and generation-skipping transfer tax purposes.

DATES: Written or electronic comments and outlines of topics to be 
discussed at the public hearing scheduled for December 1, 2016, for the 
notice of proposed rulemaking at 81 FR 51413, August 4, 2016, are still 
being accepted and must be received by November 2, 2016.

ADDRESSES: Send submissions to CC:PA:LPD:PR (REG-163113-02), Room 5203, 
Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, 
Washington, DC 20044. Submissions may be hand delivered Monday through 
Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG-
163113-02), Courier's desk, Internal Revenue Service, 1111 Constitution 
Avenue NW., Washington, DC 20224, or sent electronically, via the 
Federal eRulemaking Portal at www.regulations.gov (IRS REG-163113-02).

[[Page 68379]]


FOR FURTHER INFORMATION CONTACT: John D. MacEachen, at (202) 317-6859 
(not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The notice of proposed rulemaking that is the subject of this 
document is under section 2704 of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-163113-02) 
contains an error that is misleading and is in need of clarification.

Correction to Publication

    Accordingly, the notice of proposed rulemaking, that is the subject 
of FR Doc. 2016-18370, is corrected as follows:
    1. On page 51418, in the third column, under the paragraph heading 
``Effective Dates'', in the second line from the top of the paragraph, 
the language ``proposed to be effective on and after the'' is corrected 
to read ``proposed to be effective on the''.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. 2016-23957 Filed 10-3-16; 8:45 am]
 BILLING CODE 4830-01-P

68378 Federal Register / Vol. 81, No. 192 / Tuesday, October 4, 2016 / Proposed Rules

(c) Applicability (i) Service Information Exception 544–5000, extension 1; fax: 206–766–5680;
This AD applies to all The Boeing Where Boeing 707 Alert Service Bulletin Internet: https://www.myboeingfleet.com.
Company Model 707–100 Long Body, –200, A3542, dated February 12, 2016, specifies a You may view this referenced service
–100B Long Body, and –100B Short Body compliance time ‘‘after the original issue date information at the FAA, Transport Airplane
series airplanes; and Model 707–300, –300B, of this service bulletin,’’ this AD requires Directorate, 1601 Lind Avenue SW., Renton,
–300C, and –400 series airplanes; certificated compliance within the specified compliance WA. For information on the availability of
in any category, time after the effective date of this AD. this material at the FAA, call 425–227–1221.
(d) Subject (j) Alternative Methods of Compliance Issued in Renton, Washington, on
(AMOCs) September 27, 2016.
Air Transport Association (ATA) of
America Code 52, Doors. Dionne Palermo,
(1) The Manager, Los Angeles Aircraft
Certification Office (ACO), FAA, has the Acting Manager, Transport Airplane
(e) Unsafe Condition Directorate, Aircraft Certification Service.
authority to approve AMOCs for this AD, if
This AD was prompted by analysis of the requested using the procedures found in 14 [FR Doc. 2016–23939 Filed 10–3–16; 8:45 am]
cam support assemblies of the main cargo CFR 39.19. In accordance with 14 CFR 39.19, BILLING CODE 4910–13–P
door that indicated the repetitive high send your request to your principal inspector
frequency eddy current (HFEC) inspections or local Flight Standards District Office, as
required by the existing maintenance appropriate. If sending information directly
program are not adequate to detect cracks to the manager of the ACO, send it to the
before two adjacent cam support assemblies DEPARTMENT OF THE TREASURY
attention of the person identified in
of the main cargo door could fail. We are paragraph (k)(1) of this AD. Information may
issuing this AD to detect and correct cracking Internal Revenue Service
be emailed to: 9-ANM-LAACO-AMOC-
of the cam support assemblies of the main Requests@faa.gov.
cargo door. Such cracking could result in (2) Before using any approved AMOC, 26 CFR Part 1
reduced structural integrity of the main cargo notify your appropriate principal inspector,
door and consequent rapid decompression of or lacking a principal inspector, the manager [REG–163113–02]
the airplane. of the local flight standards district office/
(f) Compliance certificate holding district office. RIN 1545–BB71
(3) An AMOC that provides an acceptable
Comply with this AD within the level of safety may be used for any repair,
compliance times specified, unless already Estate, Gift, and Generation-Skipping
modification, or alteration required by this Transfer Taxes; Restrictions on
done. AD if it is approved by the Boeing Liquidation of an Interest; Correction
(g) Inspection To Determine Part Numbers Commercial Airplanes Organization
Designation Authorization (ODA) that has AGENCY: Internal Revenue Service (IRS),
At the later of the times specified in
been authorized by the Manager, Los Angeles Treasury.
paragraphs (g)(1) and (g)(2) of this AD:
Inspect the cam support assemblies of the ACO, to make those findings. To be
approved, the repair method, modification ACTION: Correction to notice of proposed
main cargo door to determine whether part rulemaking.
number (P/N) 69–23588–1, 69–23588–2, 69– deviation, or alteration deviation must meet
23588–5, 69–23588–6, 69–23588–9, or 69– the certification basis of the airplane, and the
approval must specifically refer to this AD. SUMMARY: This document contains a
23588–10 is installed. A review of airplane correction to a notice of proposed
maintenance records is acceptable in lieu of (4) For service information that contains
this inspection if the part number(s) of the steps that are labeled as Required for rulemaking (REG–163113–02) that was
cam support assemblies of the main cargo Compliance (RC), the provisions of published in the Federal Register on
door can be conclusively determined from paragraphs (j)(4)(i) and (j)(4)(ii) of this AD Thursday, August 4, 2016 (81 FR
that review. apply. 51413). The proposed regulations
(1) Before the accumulation of 18,000 total (i) The steps labeled as RC, including concern the valuation of interests in
flight cycles. substeps under an RC step and any figures
corporations and partnerships for estate,
(2) Within 1,790 flight cycles or 24 months identified in an RC step, must be done to
comply with the AD. If a step or substep is gift, and generation-skipping transfer tax
after the effective date of this AD, whichever purposes.
occurs later. labeled ‘‘RC Exempt,’’ then the RC
requirement is removed from that step or DATES: Written or electronic comments
(h) Repetitive Inspections for the Cam substep. An AMOC is required for any and outlines of topics to be discussed at
Support Assemblies of the Main Cargo Door deviations to RC steps, including substeps the public hearing scheduled for
and Corrective Actions and identified figures. December 1, 2016, for the notice of
If, during any inspection required by (ii) Steps not labeled as RC may be
proposed rulemaking at 81 FR 51413,
paragraph (g) of this AD, any cam support deviated from using accepted methods in
accordance with the operator’s maintenance August 4, 2016, are still being accepted
assembly of the main cargo door having P/
N 69–23588–1, 69–23588–2, 69–23588–5, or inspection program without obtaining and must be received by November 2,
69–23588–6, 69–23588–9, or 69–23588–10 is approval of an AMOC, provided the RC steps, 2016.
determined to be installed: Except as including substeps and identified figures, can ADDRESSES: Send submissions to
required by paragraph (i) of this AD, at the still be done as specified, and the airplane
CC:PA:LPD:PR (REG–163113–02), Room
applicable time specified in paragraph 1.E., can be put back in an airworthy condition.
‘‘Compliance,’’ of Boeing 707 Alert Service
5203, Internal Revenue Service, P.O.
(k) Related Information Box 7604, Ben Franklin Station,
Bulletin A3542, dated February 12, 2016, do
an ultrasonic inspection to detect cracking of (1) For more information about this AD, Washington, DC 20044. Submissions
the affected cam support assemblies of the contact Chandra Ramdoss, Aerospace may be hand delivered Monday through
main cargo door, and do all applicable Engineer, Airframe Branch, ANM–120L, Friday between the hours of 8 a.m. and
mstockstill on DSK3G9T082PROD with PROPOSALS

replacements, in accordance with the FAA, Los Angeles ACO, 3960 Paramount 4 p.m. to CC:PA:LPD:PR (REG–163113–
Accomplishment Instructions of Boeing 707 Boulevard, Lakewood, CA 90712–4137; 02), Courier’s desk, Internal Revenue
Alert Service Bulletin A3542, dated February phone: 562–627–5239; fax: 562–627–5210;
Service, 1111 Constitution Avenue NW.,
12, 2016. Do all applicable replacements email: chandraduth.ramdoss@faa.gov.
before further flight. Repeat the inspections (2) For service information identified in Washington, DC 20224, or sent
thereafter at the applicable time specified in this AD, contact Boeing Commercial electronically, via the Federal
paragraph 1.E., ‘‘Compliance,’’ of Boeing 707 Airplanes, Attention: Data & Services eRulemaking Portal at
Alert Service Bulletin A3542, dated February Management, P.O. Box 3707, MC 2H–65, www.regulations.gov (IRS REG–163113–
12, 2016. Seattle, WA 98124–2207; telephone: 206– 02).

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Federal Register / Vol. 81, No. 192 / Tuesday, October 4, 2016 / Proposed Rules 68379

FOR FURTHER INFORMATION CONTACT: John DATES: Any comments on this proposal Dated: August 24, 2016.
D. MacEachen, at (202) 317–6859 (not a must arrive by November 3, 2016. Alexis Strauss,
toll-free number). Acting Regional Administrator, Region IX.
ADDRESSES: Submit your comments,
SUPPLEMENTARY INFORMATION: [FR Doc. 2016–23838 Filed 10–3–16; 8:45 am]
identified by Docket ID No. EPA–R09–
OAR–2016–0291 at http:// BILLING CODE 6560–50–P
Background
The notice of proposed rulemaking www.regulations.gov, or via email to
that is the subject of this document is Steckel.Andrew@epa.gov. For comments
submitted at Regulations.gov, follow the DEPARTMENT OF THE INTERIOR
under section 2704 of the Internal
Revenue Code. online instructions for submitting
Fish and Wildlife Service
comments. Once submitted, comments
Need for Correction cannot be edited or removed from
50 CFR Part 17
As published, the notice of proposed Regulations.gov. For either manner of
rulemaking (REG–163113–02) contains submission, the EPA may publish any [Docket No. FWS–R6–ES–2016–0086;
an error that is misleading and is in comment received to its public docket. 4500030113]
need of clarification. Do not submit electronically any RIN 1018–BB52
information you consider to be
Correction to Publication
Confidential Business Information (CBI) Endangered and Threatened Wildlife
Accordingly, the notice of proposed or other information whose disclosure is and Plants; 12-Month Finding on a
rulemaking, that is the subject of FR restricted by statute. Multimedia Petition To List the Western Glacier
Doc. 2016–18370, is corrected as submissions (audio, video, etc.) must be Stonefly as an Endangered or
follows: accompanied by a written comment. Threatened Species; Proposed
1. On page 51418, in the third The written comment is considered the Threatened Species Status for
column, under the paragraph heading official comment and should include Meltwater Lednian Stonefly and
‘‘Effective Dates’’, in the second line discussion of all points you wish to Western Glacier Stonefly
from the top of the paragraph, the make. The EPA will generally not
language ‘‘proposed to be effective on AGENCY: Fish and Wildlife Service,
consider comments or comment Interior.
and after the’’ is corrected to read contents located outside of the primary
‘‘proposed to be effective on the’’. ACTION: Proposed rule; 12-month
submission (i.e. on the Web, cloud, or
petition finding and status review.
Martin V. Franks, other file sharing system). For
Chief, Publications and Regulations Branch, additional submission methods, please SUMMARY: We, the U.S. Fish and
Legal Processing Division, Associate Chief contact the person identified in the FOR Wildlife Service (Service), announce a
Counsel, (Procedure and Administration). FURTHER INFORMATION CONTACT section. 12-month finding for the western glacier
[FR Doc. 2016–23957 Filed 10–3–16; 8:45 am] For the full EPA public comment policy, stonefly (Zapada glacier). After a review
BILLING CODE 4830–01–P information about CBI or multimedia of the best available scientific and
submissions, and general guidance on commercial information, we find that
making effective comments, please visit listing the western glacier stonefly is
ENVIRONMENTAL PROTECTION http://www2.epa.gov/dockets/ warranted. We are also announcing the
AGENCY commenting-epa-dockets. proposed listing rule for the candidate
FOR FURTHER INFORMATION CONTACT:
species meltwater lednian stonefly
40 CFR Part 52 (Lednia tumana). Therefore, we are
Arnold Lazarus, EPA Region IX, (415)
[EPA–R09–OAR–2016–0291; FRL–9952–12– 972–3024, lazarus.arnold@epa.gov. proposing to list both the meltwater
Region 9] lednian stonefly and the western glacier
SUPPLEMENTARY INFORMATION: stonefly, two insect species from Glacier
Approval of California Air Plan Throughout this document, ‘‘we,’’ ‘‘us’’ National Park and northwestern
Revisions, Sacramento Metropolitan and ‘‘our’’ refer to the EPA. This Montana, as threatened species under
Air Quality Management District and proposal addresses the following local the Endangered Species Act (Act). If we
San Diego County Air Pollution Control rules: SMAQMD Rule 442, SDCAPCD finalize this rule as proposed, it would
District Rule 67.0 (rescinded) and SDCAPCD extend the Act’s protections to these
Rule 67.0.1 (the replacement rule). In species. The effect of this regulation will
AGENCY: Environmental Protection the Rules and Regulations section of this be to add these species to the Federal
Agency (EPA). Federal Register, we are approving List of Endangered and Threatened
ACTION: Proposed rule. these local rules and rule rescission in Wildlife. The Service seeks data and
SUMMARY: The Environmental Protection a direct final action without prior comments from the public on this
Agency (EPA) is proposing to approve proposal because we believe these SIP proposed listing rule.
revisions to the Sacramento revisions are not controversial. If we DATES: We will accept comments
Metropolitan Air Quality Management receive adverse comments, however, we received or postmarked on or before
District (SMAQMD) and the San Diego will publish a timely withdrawal of the December 5, 2016. Comments submitted
County Air Pollution Control District direct final rule and address the electronically using the Federal
(SDCAPCD) portions of the California comments in subsequent action based eRulemaking Portal (see ADDRESSES
mstockstill on DSK3G9T082PROD with PROPOSALS

State Implementation Plan (SIP). These on this proposed rule. below) must be received by 11:59 p.m.
revisions concern volatile organic We do not plan to open a second Eastern Time on the closing date. We
compound (VOC) emissions from comment period, so anyone interested must receive requests for public
architectural coatings. We are proposing in commenting should do so at this hearings, in writing, at the address
to approve local rules and a rule time. If we do not receive adverse shown in FOR FURTHER INFORMATION
rescission to regulate these emission comments, no further activity is CONTACT by November 18, 2016.
sources under the Clean Air Act (CAA planned. For further information, please ADDRESSES: You may submit comments
or the Act). see the direct final action. by one of the following methods:

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Document Created: 2016-10-04 03:03:49
Document Modified: 2016-10-04 03:03:49

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Proposed Rules
Action		Correction to notice of proposed rulemaking.
Dates		Written or electronic comments and outlines of topics to be discussed at the public hearing scheduled for December 1, 2016, for the notice of proposed rulemaking at 81 FR 51413, August 4, 2016, are still being accepted and must be received by November 2, 2016.
Contact		John D. MacEachen, at (202) 317-6859 (not a toll-free number).
FR Citation		81 FR 68378
RIN Number		1545-BB71

81 FR 68378 - Estate, Gift, and Generation-Skipping Transfer Taxes; Restrictions on Liquidation of an Interest; Correction

DEPARTMENT OF THE TREASURYInternal Revenue Service

Federal Register Volume 81, Issue 192 (October 4, 2016)

DEPARTMENT OF THE TREASURY
Internal Revenue Service