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Foreign Tax Credit: Notification of Foreign Tax Redeterminations; Correction

---
identifier: "/us/fr/E7-24673"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Foreign Tax Credit: Notification of Foreign Tax Redeterminations; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "E7-24673"
section_name: "Foreign Tax Credit: Notification of Foreign Tax Redeterminations; Correction"
positive_law: false
currency: "2007-12-19"
last_updated: "2007-12-19"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "E7-24673"
document_type: "proposed_rule"
publication_date: "2007-12-19"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-AC09"
fr_citation: "72 FR 71842"
fr_volume: 72
docket_ids:
  - "REG-209020-86"
fr_action: "Correction to notice of proposed rulemaking by cross-reference to temporary regulations."
---

#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correction to notice of proposed rulemaking by cross-reference to temporary regulations.

**SUMMARY:**

This document contains corrections to a notice of proposed rulemaking by cross-reference to temporary regulations (REG-209020-86) that was published in the *Federal Register* on Wednesday, November 7, 2007 (72 FR 62805) relating to a taxpayer's obligation under section 905(c) of the Internal Revenue Code to notify IRS of a foreign tax redetermination and also relating to the civil penalty under section 6689 for failure to notify the IRS of a foreign tax redetermination as required under section 905(c).

**FOR FURTHER INFORMATION CONTACT:**

Teresa Burridge Hughes at (202) 622-3850 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The correction notice that is the subject of this document is under section 905(c) of the Internal Revenue Code.

**Need for Correction**

As published, the notice of proposed rulemaking by cross-reference to temporary regulations (REG-209020-86) contain errors that may prove to be misleading and are in need of clarification.

**Correction of Publication**

Accordingly, the publication of the notice of proposed rulemaking by cross-reference to the temporary regulations (REG-209020-86), which was the subject of FR Doc. E7-21727, is corrected as follows:

1. On page 62806, column 1, in the preamble, under the caption “ *ADDRESSES:* ”, line 8, the language “CC:PA:LPD:PR (REG-209020-90),” is corrected to read “CC:PA:LPD:PR (REG-209020-86),”.

§ 1.905-5

2. On page 62807, column 2, § 1.905-5, the word (temporary) is removed from the end of the section title.

LaNita Van Dyke,

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