Proposed Rule2024-16214
Interest Capitalization Requirements for Improvements to Designated Property; 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.
Published
July 24, 2024
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
This document corrects a notice of proposed rulemaking (REG- 133850-13) published in the Federal Register on May 15, 2024, containing proposed regulations that would remove the associated property rule and similar rules from the existing regulations on the interest capitalization requirements for improvements to designated property.
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 142 (Wednesday, July 24, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 142 (Wednesday, July 24, 2024)]
[Proposed Rules]
[Page 59864]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-16214]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[REG-133850-13]
RIN 1545-BN93
Interest Capitalization Requirements for Improvements to
Designated Property; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of proposed rulemaking; correction.
-----------------------------------------------------------------------
SUMMARY: This document corrects a notice of proposed rulemaking (REG-
133850-13) published in the Federal Register on May 15, 2024,
containing proposed regulations that would remove the associated
property rule and similar rules from the existing regulations on the
interest capitalization requirements for improvements to designated
property.
DATES: Written or electronic comments were to be received by July 15,
2024.
ADDRESSES: Commenters were strongly encouraged to submit public
comments electronically.
FOR FURTHER INFORMATION CONTACT: Concerning the proposed regulations,
contact Livia Piccolo of the Office of Associate Chief Counsel (Income
Tax and Accounting), at (202) 317-7007 (not a toll-free number);
concerning submissions of comments or the public hearing, Vivian Hayes,
(202) 317-6901 (not toll-free number) or by email to
<a href="/cdn-cgi/l/email-protection#dcaca9beb0b5bfb4b9bdaeb5b2bbaf9cb5aeaff2bbb3aa"><span class="__cf_email__" data-cfemail="64141106080d070c0105160d0a0317240d16174a030b12">[email protected]</span></a> (preferred).
SUPPLEMENTARY INFORMATION:
Background
The notice of proposed rulemaking (REG-133850-13) that is the
subject of this correction is under section 263A of the Code.
Correction of Publication
Accordingly, the notice of proposed rulemaking (REG-133850-13) that
is the subject of FR Doc. 2024-10579, published on May 15, 2024, is
corrected on page 42405, in the third column, by correcting the third
line from the bottom of the column to read, ``amendments to Sec.
1.263A-11(e) to''.
Oluwafunmilayo A. Taylor,
Section Chief, Publications and Regulations Section, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. 2024-16214 Filed 7-23-24; 8:45 am]
BILLING CODE 4830-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on July 24, 2024.
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.