Guidance Under Section 7874 Regarding Expatriated Entities and Their Foreign Parents; Correction

---
identifier: "/us/fr/E6-15303"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Guidance Under Section 7874 Regarding Expatriated Entities and Their Foreign Parents; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "E6-15303"
section_name: "Guidance Under Section 7874 Regarding Expatriated Entities and Their Foreign Parents; Correction"
positive_law: false
currency: "2006-09-15"
last_updated: "2006-09-15"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "E6-15303"
document_type: "proposed_rule"
publication_date: "2006-09-15"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BF47"
fr_citation: "71 FR 54452"
fr_volume: 71
docket_ids:
  - "REG-112994-06"
fr_action: "Notice of proposed rulemaking by cross-reference to temporary regulations and notice of public hearing; correction."
---


#  Guidance Under Section 7874 Regarding Expatriated Entities and Their Foreign Parents; Correction

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Notice of proposed rulemaking by cross-reference to temporary regulations and notice of public hearing; correction.

**SUMMARY:**

This document contains corrections to a correction to notice of proposed rulemaking by cross-reference to temporary regulations and notice of public hearing that was published in the *Federal Register* on Wednesday, August 16, 2006 (71 FR 47158) relating to the determination of whether a foreign entity shall be treated as a surrogate foreign corporation under section 7874(a)(2)(B).

**FOR FURTHER INFORMATION CONTACT:**

Milton Cahn at (202) 622-3860 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The notice of proposed rulemaking by cross-reference to temporary regulations and notice of public hearing (REG-112994-06) that is the subject of these corrections are under section 7874 of the Internal Revenue Code.

**Need for Correction**

As published, the notice of proposed rulemaking by cross-reference to temporary regulations and notice of public hearing (REG-112994-06) contains errors that may prove to be misleading are in need of correction.

**Correction of Publication**

Accordingly, the notice of proposed rulemaking by cross reference to temporary regulations and notice of public hearing (REG-112994-06), that was the subject of FR Doc. E6-13424, is corrected as follows:

1. On page 47158, column 3, in the preamble, under the paragraph heading “ *Correction of Publication* ”, numerical entry 5, lines 1-2 from the bottom of the column, the language, “Cahn at (202) 927-0889 or (202) 622-3918;” is corrected to read “Cahn at (202) 622-3860”.

2. On page 47159, column 1, in the preamble, under the paragraph heading “ *Correction of Publication* ”, numerical entry 6, line 1 from the bottom of the paragraph, the language “927-1443 (not toll-numbers)” is corrected to read “622-0392 (not toll-free numbers)”.

LaNita Van Dyke,

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