Document

Passive Foreign Investment Companies; Definition of Marketable Stock; Correction

This document contains a correction to the notice of proposed rulemaking (REG-113744-98), which was published in the Federal Register Tuesday, February 2, 1999 (64 FR 5012), rel...

[Federal Register Volume 64, Number 55 (Tuesday, March 23, 1999)]
[Proposed Rules]
[Page 13939]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-6949]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-113744-98]
RIN 1545-AW69


Passive Foreign Investment Companies; Definition of Marketable 
Stock; Correction

Agency

Internal Revenue Service (IRS), Treasury.

Action

Correction to notice of proposed rulemaking.

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Summary

This document contains a correction to the notice of proposed rulemaking (REG-113744-98), which was published in the Federal Register Tuesday, February 2, 1999 (64 FR 5012), relating to the new mark to market election for stock of a passive foreign investment company.

For Further Information Contact

Robert Laudeman (202) 622-3840 (not a toll-free number).

Supplementary Information

Background

The notice of proposed rulemaking that is the subject of this correction is under section 1296 of the Internal Revenue Code.

Need for Correction

As published, REG-113744-98 contains an error which may prove to be misleading and is in need of clarification.

Correction of Publication

Accordingly, the publication of the notice of proposed rulemaking (REG-113744-98), which was the subject of FR Doc. 99-1666, is corrected as follows: On page 5012, column 1, in the preamble under the caption ADDRESSES, line 9, the language ``to: CC:DOM:CORP:R (REG-110524-98),'' is corrected to read ``to: CC:DOM:CORP:R (REG-113744-98),''.

Cynthia E. Grigsby,

Chief, Regulations Unit Assistant Chief Counsel (Corporate).

[FR Doc. 99-6949 Filed 3-22-99; 8:45 am]

BILLING CODE 4830-01-U

Legal Citation

Federal Register Citation

Use this for formal legal and research references to the published document.

64 FR 13939

Web Citation

Suggested Web Citation

Use this when citing the archival web version of the document.

“Passive Foreign Investment Companies; Definition of Marketable Stock; Correction,” thefederalregister.org (March 23, 1999), https://thefederalregister.org/documents/99-6949/passive-foreign-investment-companies-definition-of-marketable-stock-correction.