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Depreciation of MACRS Property That Is Acquired in a Like-Kind Exchange or as a Result of an Involuntary Conversion; Correction

---
identifier: "/us/fr/04-6961"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Depreciation of MACRS Property That Is Acquired in a Like-Kind Exchange or as a Result of an Involuntary Conversion; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "04-6961"
section_name: "Depreciation of MACRS Property That Is Acquired in a Like-Kind Exchange or as a Result of an Involuntary Conversion; Correction"
positive_law: false
currency: "2004-03-30"
last_updated: "2004-03-30"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "04-6961"
document_type: "proposed_rule"
publication_date: "2004-03-30"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-AX95"
fr_citation: "69 FR 16509"
fr_volume: 69
docket_ids:
  - "REG-106590-00, REG-138499-02"
fr_action: "Correction to notice of proposed rulemaking; notice of proposed rulemaking by cross-reference to temporary regulations; notice of public hearing; and partial withdrawal of proposed regulations."
---

#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to notice of proposed rulemaking; notice of proposed rulemaking by cross-reference to temporary regulations; notice of public hearing; and partial withdrawal of proposed regulations.

**SUMMARY:**

This document corrects a notice of proposed rulemaking; notice of proposed rulemaking by cross-reference to temporary regulations; notice of public hearing; and partial withdrawal of proposed regulations (REG-106590-00, REG-138499-02) that were published in the *Federal Register* on Monday, March 1, 2004 (69 FR 9560) relating to the depreciation of property subject to section 168 of the Internal Revenue Code (MACRS property).

**FOR FURTHER INFORMATION CONTACT:**

Charles J. Magee, (202) 622-3110 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The notice of proposed rulemaking; notice of proposed rulemaking by cross-reference to temporary regulations; notice of public hearing; and partial withdrawal of proposed regulations (REG-106590-00, REG-138499-02) that is the subject of this correction are under section 168 of the Internal Revenue Code.

**Need for Correction**

As published, the notice of proposed rulemaking; notice of proposed rulemaking by cross-reference to temporary regulations; notice of public hearing; and partial withdrawal of proposed regulations (REG-106590-00, REG-138499-02) contains errors that may prove to be misleading and is in need of clarification.

**Correction of Publication**

Accordingly, the notice of proposed rulemaking; notice of proposed rulemaking by cross-reference to temporary regulations; notice of public hearing; and partial withdrawal of proposed regulations (REG-106590-00, REG-138499-02), is corrected as follows:

1. On page 9560, column 3, in the preamble, under the caption *SUMMARY* , line 10, the language “(REG-139499-02) published July 21,” is corrected to read “(REG-138499-02) published July 21,”.

§ 1.168(i)-1

2. On page 9562, column 1, § 1.168(i)-1, paragraph (e)(3)(iii)(B)(4), lines 1 through 4, the language “(4) (The text of the proposed amendment to § 1.168(i)-1(e)(3)(iii)(B)(4) is the same as the text of § 1.168(i)-1T(e)(3)(iii)(B)( *4* ) published” is corrected to read “(4) (The text of the proposed amendment to § 1.168(i)-1(e)(3)(iii)(B)( *4* ) is the same as the text of § 1.168(i)-1T(e)(3)(iii)(B)( *4* ) published”.

1.168(k)-1

3. On page 9562, column 2, § 1.168(k)-1, paragraph (g), line 3, the language “1(g)(1) is the same as  § 1.168(g)-” is corrected to read “1(g)(1) is the same as § 1.168(k)-”.

Cynthia E. Grigsby,

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