Income taxes: Earnings and taxes carryover; correction,

[Federal Register: March 12, 2001 (Volume 66, Number 48)]

[CORRECTIONS]

[Page 14443]

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

[DOCID:fr12mr01-170]

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-116050-99]

RIN 1545-AX65

Stock Transfer Rules: Carryover of Earnings and Taxes

Correction

In proposed rule document 00-28950beginning on page 69138 in the issue of Wednesday, November 15, 2000, make the following corrections:

Sec. 1.367(b)-7 [Corrected]

1. On page 69158, in Sec. 1.367(b)-7(e)(2)(iv), Example 2-(i) Facts., in the first table, in the column titled ``E&P'', ``(200u)'' should read ``200u''.

   Sec. 1.367(b)-8 [Corrected]

2. On page 69178, in Sec. 1.367(b)-8(e)(6), Example 2(ii)(B) Application of Sec. 1.367(b)-5(c)., in the third column, in the 23rd line, remove ``(along with $50 of foreign income taxes) and 166.7u (200u-(100u x (200u 600u))) of available earnings in the section 904(d)(1)(D) shipping separate category''.

   [FR Doc. C0-28950Filed3-9-01; 8:45 am]

   BILLING CODE 1505-01-D