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Compensatory Stock Options Under Section 482; Correction

---
identifier: "/us/fr/04-6467"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Compensatory Stock Options Under Section 482; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "04-6467"
section_name: "Compensatory Stock Options Under Section 482; Correction"
positive_law: false
currency: "2004-03-23"
last_updated: "2004-03-23"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "04-6467"
document_type: "rule"
publication_date: "2004-03-23"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BA57"
fr_citation: "69 FR 13473"
fr_volume: 69
docket_ids:
  - "TD 9088"
effective_date: "2003-08-26"
fr_action: "Correction to final regulations."
---

#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to final regulations.

**SUMMARY:**

This document contains a correction to TD 9088, which was published in the *Federal Register* on August 26, 2003 (68 FR 51171) that provide guidance regarding the application of the rules of section 482 governing qualified cost sharing arrangements.

**EFFECTIVE DATE:**

This correction is effective August 26, 2003.

**FOR FURTHER INFORMATION CONTACT:**

Douglas Giblen (202) 435-5265 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations that are the subject of this correction are under section 482 of the Internal Revenue Code.

**Need for Correction**

As published, the final regulations (TD 9088) contain an error which may prove to be misleading and is in need of clarification.

**26? CFR Part 1**

**Correction of Publication**

Accordingly, the publication of final regulations (TD 9088), which are the subject of FR Doc. 03-21355, is corrected as follows:

§ 1.482-7

On page 51179, column 1, § 1.482-7 (d)(2)(iii)(C), line 9 from the bottom of the paragraph, the language “paragraph (d)(2)(iii)(B)( *2* ) of this section,” is corrected to read “paragraph (d)(2)(iii)(B)( *4* ) of this section,”.

Cynthia E. Grigsby,

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