Treatment of Special Enforcement Matters; Correction
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Issuing agencies
Abstract
This document contains corrections to final regulations (TD 9969) that was published in the Federal Register on December 9, 2022. This correction contains final regulations that except certain partnership-related items from the centralized partnership audit regime created by the Bipartisan Budget Act of 2015, and sets forth alternative rules that will apply to the examination of excepted items by the IRS.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 3 (Thursday, January 5, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 3 (Thursday, January 5, 2023)]
[Rules and Regulations]
[Page 755]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-28594]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 301
[TD 9969]
RIN 1545-BP01
Treatment of Special Enforcement Matters; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final regulations; correction.
-----------------------------------------------------------------------
SUMMARY: This document contains corrections to final regulations (TD
9969) that was published in the Federal Register on December 9, 2022.
This correction contains final regulations that except certain
partnership-related items from the centralized partnership audit regime
created by the Bipartisan Budget Act of 2015, and sets forth
alternative rules that will apply to the examination of excepted items
by the IRS.
DATES: These corrections are effective on January 5, 2023, and are
applicable on December 9, 2022.
FOR FURTHER INFORMATION CONTACT: Concerning the final regulations,
Jennifer M. Black, at (202)317-6834 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 9969) subject to this correction are
under section 6241(11) and 6241(7) of the Internal Revenue Code.
Correction of Publication
Accordingly, the final regulations (TD 9969) that are the subject
of FR Doc. 2022-26783, published on December 9, 2022, at 87 FR 75473,
are corrected to read as follows:
1. On page 75474, in the second column, the fifteenth line from the
top of the first full paragraph, the language ``of partner'' is
removed.
2. On page 75474, in the second column, the nineteenth line from
the top of the first full paragraph is corrected to read ``additional
example of an ineligible partner''.
3. On page 75476, in the first column, the last sentence of the
first partial paragraph, the language ``adjustment-year'' is corrected
to read ``adjustment year'' wherever it appears.
4. On page 75482, in the third column, the twelfth line from the
bottom of the first full paragraph, the language ``partner level'' is
corrected to read ``partner-level''.
5. On page 75486, in the first column, in the seventh line from the
bottom of the second full paragraph, the language ``easily'' is
removed.
6. On page 75486, in the second column, in the third line from the
bottom of the second full paragraph, the language ``not'' is removed.
Oluwafunmilayo A. Taylor,
Branch Chief, Legal Processing Division, Associate Chief Counsel,
(Procedure and Administration).
[FR Doc. 2022-28594 Filed 1-4-23; 8:45 am]
BILLING CODE 4830-01-P
</pre></body>
</html>This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.