Election To Exclude Certain Unincorporated Organizations Owned by Applicable Entities From Application of the Rules on Partners and Partnerships; Correction
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Abstract
This document contains a correction to TD 10012, which was published in the Federal Register on Wednesday, November 20, 2024. TD 10012 contains final regulations that modify existing regulations to allow certain unincorporated organizations that are owned in whole or in part by applicable entities to be excluded from the application of partnership tax rules.
Full Text
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<title>Federal Register, Volume 89 Issue 242 (Tuesday, December 17, 2024)</title>
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[Federal Register Volume 89, Number 242 (Tuesday, December 17, 2024)]
[Rules and Regulations]
[Page 101881]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-29654]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 10012]
RIN 1545-BR09
Election To Exclude Certain Unincorporated Organizations Owned by
Applicable Entities From Application of the Rules on Partners and
Partnerships; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final regulations; correction.
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SUMMARY: This document contains a correction to TD 10012, which was
published in the Federal Register on Wednesday, November 20, 2024. TD
10012 contains final regulations that modify existing regulations to
allow certain unincorporated organizations that are owned in whole or
in part by applicable entities to be excluded from the application of
partnership tax rules.
DATES: This correction is effective on January 19, 2025. For the date
of applicability, see Sec. 1.761-2(f).
FOR FURTHER INFORMATION CONTACT: Concerning the final regulations,
contact Cameron Williamson at (202) 317-6684 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations (TD 10012) that are the subject of this
correction are under sections 761(a), 6031(a), 6417(d) and (h), and
7805(a) of the Internal Revenue Code.
Correction of Publication
Accordingly, FR Doc. 2024-26944 (TD 10012), appearing on page 91552
in the Federal Register on Wednesday, November 20, 2024, is corrected
as follows:
Sec. 1.761-2 [Corrected]
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1. On page 91562, in the first column, in paragraph (a)(5)(ii), in the
third line down from the top of the paragraph, the language ``Sec.
1.6417-1(c)'' is corrected to read ``Sec. 1.6417-1(k)''.
Kalle L. Wardlow,
Federal Register Liaison, Publications & Regulations Section, Associate
Chief Counsel, (Procedure and Administration).
[FR Doc. 2024-29654 Filed 12-16-24; 8:45 am]
BILLING CODE 4830-01-P
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