Recognition of Gain on Certain Transfers to Certain Foreign Trusts and Estates; Correction

---
identifier: "/us/fr/00-25290"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Recognition of Gain on Certain Transfers to Certain Foreign Trusts and Estates; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "00-25290"
section_name: "Recognition of Gain on Certain Transfers to Certain Foreign Trusts and Estates; Correction"
positive_law: false
currency: "2000-10-03"
last_updated: "2000-10-03"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "00-25290"
document_type: "proposed_rule"
publication_date: "2000-10-03"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-AY25"
fr_citation: "65 FR 58973"
fr_volume: 65
docket_ids:
  - "REG-108522-00"
fr_action: "Correction to notice of proposed rulemaking."
---


#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to notice of proposed rulemaking.

**SUMMARY:**

This document contains a correction to a notice of proposed rulemaking that was published in the *Federal Register* on Monday, August 7, 2000 (65 FR 48198) relating to the recognition of gain on certain transfers to certain foreign trusts and estates.

**FOR FURTHER INFORMATION CONTACT:**

Karen A. Rennie Quarrie at (202) 622-3880 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The notice of proposed rulemaking that is the subject of this correction is under section 684 of the Internal Revenue Code.

**Need for Correction**

As published, the notice of proposed rulemaking contains errors that may prove to be misleading and are in need of clarification.

**Correction of Publication**

Accordingly, the publication of the notice of proposed rulemaking (REG-108522-00), that was the subject of FR Doc. 00-19896, is corrected as follows:

§ 1.684-3

On page 48202, column 1, § 1.684-3(f), the first line of *Example 1, * the language “Example 1. Transfer to owner trust. In” is corrected to read “Example 1. Transfer to grantor trust. In”.

Cynthia E. Grigsby,

Chief, Regulations Unit, Office of Special Counsel (Modernization and Strategic Planning).