[Federal Register Volume 78, Number 167 (Wednesday, August 28, 2013)]
[Rules and Regulations]
[Page 53026]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-20495]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9619]
RIN 1545-BD84


Regulations Enabling Elections for Certain Transaction Under 
Section 336(e); Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document describes corrections to final regulations [TD 
9619] that provide guidance under section 336(e) of the Internal 
Revenue Code (CODE), which authorizes the issuance of regulations under 
which an election may be made to treat sale, exchange or distribution 
of at least 80 percent of the voting power and value of the stock of a 
corporation (target) as a sale of all its underlying assets. These 
regulations were published in the Federal Register on Wednesday, May 
15, 2013.

DATES: This correction is effective on August 28, 2013, and is 
applicable beginning May 15, 2013.

FOR FURTHER INFORMATION CONTACT: Mark J. Weiss, (202) 622-7930 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9619) that are the subject of this 
correction are under section 336(e) of the Code.

Need for Correction

    As published May 15, 2013 [78 FR 28467] TD 9619 contains errors 
that may prove to be misleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulations [TD 9619], 
which were the subject of FR Doc. 2013-11522, is corrected as follows:
    1. On page 28467, column 2, in the preamble under the caption 
``Paperwork Reduction Act'', the fourth line from the top, the 
language, ``in Sec. Sec.  1.336-2(h) and 1.336-4(c)(4). This'' is 
corrected to read ``in Sec. Sec.  1.336-2(h) and 1.336-4(c). This''.
    2. On page 28467, column 2, in the preamble under the caption 
``Background'', second paragraph, fifth line, the language, ``947 [73 
FR 49965-02]) (the proposed'' is corrected to read ``947 [73 FR 49965]) 
(the proposed''.

Martin V. Franks,
 Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2013-20495 Filed 8-27-13; 8:45 am]
BILLING CODE 4830-01-P