[Federal Register Volume 77, Number 162 (Tuesday, August 21, 2012)]
[Rules and Regulations]
[Page 50373]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-20436]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9597]
RIN-1545-BF34


Deductions for Entertainment Use of Business Aircraft; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document corrects the final regulation (TD 9597) that was 
published in the Federal Register on Wednesday, August 1, 2012, (77 FR 
45480), relating to the use of business aircraft for entertainment.

DATES: Effective Date: This correction is effective on August 21, 2012 
and is applicable on August 1, 2012.

FOR FURTHER INFORMATION CONTACT: Michael Nixon (section 274), (202) 
622-4930; or Lynne A. Camillo (section 61), (202) 622-6040 (not toll-
free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The final regulation (TD 9597) that is the subject of this 
correction is under section 274 of the Internal Revenue Code.

Need for Correction

    As published, TD 9597 contains an error that may prove to be 
misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulation (TD 9597) that 
was the subject of FR Doc. 2012-18693, is corrected as follows:
    On page 45480, column 1, under the caption DATES: line five, the 
language ``1.274-9(e), and 1.274-10(h)'' is corrected to read ``1.274-
9(e), and 1.274-10(g)''.

LaNita Van Dyke,
Chief, Legal Processing Division, Associate Chief Counsel, Procedure 
and Administration.
[FR Doc. 2012-20436 Filed 8-20-12; 8:45 am]
BILLING CODE 4830-01-P