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Transfers To Provide for Satisfaction of Contested Liabilities; Correction

---
identifier: "/us/fr/03-31163"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Transfers To Provide for Satisfaction of Contested Liabilities; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "03-31163"
section_name: "Transfers To Provide for Satisfaction of Contested Liabilities; Correction"
positive_law: false
currency: "2003-12-18"
last_updated: "2003-12-18"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "03-31163"
document_type: "proposed_rule"
publication_date: "2003-12-18"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BA90"
fr_citation: "68 FR 70482"
fr_volume: 68
docket_ids:
  - "REG-136890-02"
fr_action: "Correction to notice of proposed rulemaking by cross-reference to temporary regulations."
---

#  Transfers To Provide for Satisfaction of Contested Liabilities; Correction

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to notice of proposed rulemaking by cross-reference to temporary regulations.

**SUMMARY:**

This document contains a correction to a notice of proposed rulemaking by cross-reference to temporary regulations relating to the transfer of indebtedness or stock of a taxpayer or related persons or of a promise to provide services or property in the future to provide for the satisfaction of an asserted liability that the taxpayer is contesting.

**FOR FURTHER INFORMATION CONTACT:**

Norma Rotunno (202) 622-7900 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The proposed rulemaking by cross-reference to temporary regulations that are the subject of this correction are under section 461(f) of the Internal Revenue Code.

**Need for Correction**

As published, the proposed rulemaking by cross-reference to temporary regulations (REG-136890-02), contains an error that may prove to be misleading and is in need of clarification.

**Correction of Publication**

Accordingly, the publication of the proposed rulemaking by cross-reference to temporary regulations (REG-136890-02), which is the subject of FR. Doc. 03-29043, is corrected as follows:

1. On page 65646, column 1, in the preamble, under the subject heading “Comments and Public Hearing”, paragraph 3, line 8, the language “March 2, 2003. A period of 10 minutes” is corrected to read “March 2, 2004. A period of 10 minutes”.

Cynthia E. Grigsby,

Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedures and Administration).