Excise taxes: Return requirement and filing time Correction,

[Federal Register: August 16, 2007 (Volume 72, Number 158)]

[Rules and Regulations]

[Page 45894-45895]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr16au07-8]

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 53 and 54

[TD 9334]

RIN 1545-BG20

Requirement of Return and Time for Filing; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendments.

SUMMARY: This document contains corrections to final and temporary regulations (TD 9334) that were published in the Federal Register on Friday, July 6, 2007 (72 FR 36871) providing guidance relating to the requirement of a return to accompany payment of excise taxes under section 4965 of the Internal Revenue Code and the time for filing that return.

DATES: The corrections are effective August 16, 2007.

FOR FURTHER INFORMATION CONTACT: Galina Kolomietz, (202) 622-6070, Michael Blumenfeld, (202) 622-1124, or Dana Barry, (202) 622-6060 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

The final and temporary regulations that are the subject of this correction are under section 4965 of the Internal Revenue Code.

Need for Correction

As published, final and temporary regulations (TD 9334) contain errors that may prove to be misleading and are in need of clarification.

List of Subjects

26 CFR Part 53

Excise taxes, Foundations, Investments, Lobbying, Reporting and recordkeeping requirements.

26 CFR Part 54

Excise Taxes, Pensions, Reporting and recordkeeping requirements.

Correction of Publication

0 Accordingly, 26 CFR parts 53 and 54 are corrected by making the following correcting amendments:

PART 53--FOUNDATION AND SIMILAR EXCISE TAXES

0 Paragraph 1. The authority citation for part 53 continues to read, in part, as follows:

Authority: 26 U.S.C. 7805 * * *

[[Page 45895]]

0 Par. 2. Section 53.6071-1T is amended by revising paragraph (h)(2) to read as follows:

Sec. 53.6071-1T Time for filing returns (temporary).

* * * * *

(h) * * *

(2) Expiration date. Paragraph (g) of this section will expire on July 6, 2010.

PART 54--PENSION EXCISE TAXES

0 Par. 3. The authority citation for part 54 continues to read, in part, as follows:

Authority: 26 U.S.C. 7805 * * *

0 Par. 4. Section 54.6011-1T is amended by revising paragraph (d)(2) to read as follows:

Sec. 54.6011-1T General requirement of return, statement or list (temporary).

* * * * *

(d) * * *

(2) Expiration date. Paragraph (c) of this section will expire on July 6, 2010.

LaNita Van Dyke, Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).

[FR Doc. E7-16075 Filed 8-15-07; 8:45 am]

BILLING CODE 4830-01-P