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Credit for Increasing Research Activities; Correction

---
identifier: "/us/fr/E6-20732"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Credit for Increasing Research Activities; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "E6-20732"
section_name: "Credit for Increasing Research Activities; Correction"
positive_law: false
currency: "2006-12-07"
last_updated: "2006-12-07"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "E6-20732"
document_type: "rule"
publication_date: "2006-12-07"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BD60"
fr_citation: "71 FR 70875"
fr_volume: 71
docket_ids:
  - "TD 9296"
effective_date: "2006-11-09"
fr_action: "Correcting amendments."
---

#  Special rules for taxable years ending on or after November 9, 2006.

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correcting amendments.

**SUMMARY:**

This document contains corrections to final regulations (TD 9296) that were published in the *Federal Register* on Thursday, November 9, 2006 (71 FR 65722) relating to the computation and allocation of the credit for increasing research activities for members of a controlled group of corporations or a group of trades or businesses under common control.

**DATES:**

This correction is effective November 9, 2006.

**FOR FURTHER INFORMATION CONTACT:**

Nicole R. Cimino (202) 622-3120 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations that are the subject of this correction are under section 41 of the Internal Revenue Code.

**Need for Correction**

As published, final regulations (TD 9296) contain errors that may prove to be misleading and are 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 amendments:

**PART 1—INCOME TAXES**

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

**Authority:**

26 U.S.C. 7805 * * *

**26 CFR Part 1**

*Par. 2.* Section 1.41-6 is amended by revising paragraph (j)(2), last sentence to read as follows:

§ 1.41-6

(j) * * *

(2) * * * For taxable years ending on or after May 24, 2005, and before November 9, 2006, see § 1.41-6T(d) as contained in 26 CFR part 1, revised April 1, 2006.

**26 CFR Part 1**

*Par. 3.* Section 1.41-8 is amended by revising paragraph (b)(5), last sentence to read as follows:

§ 1.41-8

(b) * * *

(5) * * * For taxable years ending on or after May 24, 2005, and before November 9, 2006, see § 1.41-8T(b)(5) as contained in 26 CFR part 1, revised April 1, 2006.

LaNita Van Dyke,

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