Qualifying Income From Activities of Publicly Traded Partnerships With Respect to Minerals or Natural Resources; Correction

---
identifier: "/us/fr/2015-14467"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Qualifying Income From Activities of Publicly Traded Partnerships With Respect to Minerals or Natural Resources; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "2015-14467"
section_name: "Qualifying Income From Activities of Publicly Traded Partnerships With Respect to Minerals or Natural Resources; Correction"
positive_law: false
currency: "2015-06-18"
last_updated: "2015-06-18"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "2015-14467"
document_type: "proposed_rule"
publication_date: "2015-06-18"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BM43"
fr_citation: "80 FR 34856"
fr_volume: 80
docket_ids:
  - "REG-132634-14"
fr_action: "Proposed rule; Correction."
---


#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Proposed rule; Correction.

**SUMMARY:**

This document contains corrections to a notice of proposed rulemaking (REG-132634-14) that was published in the *Federal Register* on Wednesday, May 6, 2015 (80 FR 25970). The proposed rules provide guidance on qualifying income from exploration, development, mining or production, processing, refining, transportation, and marketing of minerals or natural resources.

**DATES:**

Written or electronic comments and requests for a public hearing for the notice of proposed rulemaking published at 80 FR 25970, May 6, 2015 are still being accepted and must be received by August 4, 2015.

**ADDRESSES:**

Send submissions to: CC:PA:LPD:PR (REG-132634-14), Room  5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand-delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG-132634-14), Courier's Desk, Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC, or sent electronically, via the Federal eRulemaking Portal at *www.regulations.gov* (IRS REG-132634-14). *FOR FURTHER INFORMATION CONTACT* : Caroline E. Hay at (202) 317-5279 (not a toll free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The notice of proposed rulemaking (REG-132634-14) that is the subject of these corrections is under section 7704(d)(1)(E) of the Internal Revenue Code.

**Need for Correction**

As published in the *Federal Register* on Wednesday, May 6, 2015 (80 FR 25970), the notice of proposed rulemaking (REG-132634-14) contains errors that may prove to be misleading and are in need of clarification.

**Correction of Publication**

Accordingly, the notice of proposed rulemaking (REG-132634-14), that was the subject of FR Doc. 2015-10592, is corrected as follows:

1. On page 25972, in the preamble, first column, under paragraph heading “D. Processing or Refining”, sixteenth line from the bottom of the first paragraph, the language “with Rev. Rul. 87-56 (1987-2 CB 27)” is corrected to read “with Rev. Proc. 87-56 (1987-2 CB 674)”.

§ 1.7704-4

2. On Page 25975, first column, the fifteenth and sixteenth lines of paragraph (c)(5)(i), the language “activity in accordance with Rev. Rul. 87-56, 1987-2 CB 27 (see” is corrected to read “activity in accordance with Rev. Proc. 87-56, 1987-2 CB 674 (see”.

Martin V. Franks,

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