[Federal Register Volume 59, Number 61 (Wednesday, March 30, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7403]


[[Page Unknown]]

[Federal Register: March 30, 1994]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[IA-78-93]
RIN 1545-AS58

 

Accuracy-Related Penalty; 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 proposed regulations 
relating to the accuracy-related penalty regulations under chapter 1 of 
the Internal Revenue Code. The notice of proposed rulemaking was 
published in the Federal Register on Thursday, March 17, 1994 (59 FR 
12563).

DATES: Written comments, requests to speak and outlines of oral 
comments to be presented at the public hearing scheduled for July 12, 
1994, beginning at 10 a.m., must be received by June 21, 1994.

FOR FURTHER INFORMATION CONTACT: David L. Meyer, (202) 622-6232 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The proposed regulations provide rules under section 6662 of the 
Internal Revenue Code.

Need for Correction

    As published, the proposed regulations contain errors which may 
prove to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the proposed regulations (IA-78-
93), which is the subject of FR Doc. 94-6237 is corrected as follows:
    1. The heading ``RIN 1545-AS58'' is corrected to read ``RIN 1545-
AS62''.
    2. The caption ACTION is corrected to read ACTION: Notice of 
proposed rulemaking and notice of public hearing.''
    3. The caption DATES is corrected to read DATES: Written comments, 
requests to speak and outlines of oral comments to be presented at the 
public hearing scheduled for July 12, 1994, beginning at 10 a.m., must 
be received by June 21, 1994.
    4. The caption FOR FURTHER INFORMATION CONTACT is corrected to read 
FOR FURTHER INFORMATION CONTACT: Concerning the regulations, David L. 
Meyer, 202-622-6232; concerning submissions and the hearing, Michael 
Slaughter, 202-622-7180 (not toll-free numbers).
    5. Under the caption SUPPLEMENTARY INFORMATION, the first sentence 
of the second paragraph under the descriptive heading ``Comments and 
Public Hearing'', is corrected to read ``A public hearing is scheduled 
to be held on July 12, 1994, at 10 a.m., in the IRS Auditorium, 
Internal Revenue Building, 1111 Constitution Avenue, NW., Washington, 
DC.''


Sec. 1.6662-2  [Corrected]

    6. On page 12565, column 3, Sec. 1.6662-2(d)(2), line 5, the 
language ``1.6662-4 reflecting the changes made to'' is corrected to 
read ``1.6662-4 as revised to reflect the changes made to''.
    7. On page 12565, column 3, Sec. 1.6662-2(d)(2), line 8, the 
language ``1993 apply to returns the due date for'' is corrected to 
read ``1993 and of Sec. 1.6662-5 apply to returns the due date for''.
    8. On page 12565, column 3, Sec. 1.6662-2(d)(2), last line, the 
language ``before March 14, 1994.'' is corrected to read ``before March 
14, 1994, but the provisions of Secs. 1.6662-1 through 1.6662-3 as 
codified in 26 CFR part 1 revised April 1, 1993, relating to those 
penalties will apply to such returns.''.


Sec. 1.6662-7  [Corrected]

    9. On page 12566, column 2, Sec. 1.6662-7(a)(2), line 5, the 
language ``provisions of these regulations relating'' is corrected to 
read ``provisions of this section relating''.
Dale D. Goode,
Federal Register Liaison Officer, Assistant Chief Counsel (Corporate).
[FR Doc. 94-7403 Filed 3-29-94; 8:45 am]
BILLING CODE 4830-01-U