Information Returns by Donees Relating to Qualified Intellectual Property Contributions; Correction

---
identifier: "/us/fr/05-12384"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Information Returns by Donees Relating to Qualified Intellectual Property Contributions; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "05-12384"
section_name: "Information Returns by Donees Relating to Qualified Intellectual Property Contributions; Correction"
positive_law: false
currency: "2005-06-23"
last_updated: "2005-06-23"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "05-12384"
document_type: "rule"
publication_date: "2005-06-23"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BE12"
fr_citation: "70 FR 36345"
fr_volume: 70
docket_ids:
  - "TD 9206"
effective_date: "2005-05-23"
fr_action: "Correcting amendment."
---


#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correcting amendment.

**SUMMARY:**

This document contains a correction to temporary regulations (TD 9206) that was published in the *Federal Register* on Monday, May 23, 2005 (70 FR 29450) providing guidance for the filing of information returns by donees relating to qualified intellectual property contributions.

**DATES:**

This correction is effective May 23, 2005.

**FOR FURTHER INFORMATION CONTACT:**

Donnell M. Rini-Swyers, (202) 622-4910 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulation (TD 9206) that is the subject of this correction is under section 6050 of the Internal Revenue Code.

**Need for Correction**

As published, TD 9206, contains an error that may prove to be misleading and is in need of clarification.

**List of Subjects in 26 CFR Part 1**

Income taxes, Reporting and recordkeeping requirements.

**26 CFR Part 1**

**Correction of Publication**

Accordingly, 26 CFR Part 1 is corrected by making the following correcting amendment:

**PART 1—INCOME TAXES**

*Paragraph 1.* The authority citation for part 1 continues to read in part as follows:

**26 CFR Part 1**

**Authority:**

26 U.S.C. 7805 * * *

§ 1.6050L-2T

Section 1.6050L-2T(c)(3) is amended by removing the language “the 90th day  following May 23, 2005.” and adding the language “August 22, 2005.” in its place.

Cynthia Grigsby,

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