# [Corrected]
**AGENCY:**
Internal Revenue Service (IRS), Treasury.
**ACTION:**
Correction to a partial withdrawal of notice of proposed rulemaking and notice of proposed rulemaking.
**SUMMARY:**
This document contains a correction to a partial withdrawal of notice proposed rulemaking and notice of proposed rulemaking (REG-113943-17) that was published in the *Federal Register* on March 26, 2019. If adopted, the withdrawn portion of the notice proposed rulemaking would have provided guidance for transactions in which property of a C corporation becomes the property of a REIT following certain corporate distributions of controlled corporation stock. The notice of proposed rulemaking provided revised guidance on the same subject.
**DATES:**
Written or electronic comments and requests for a public hearing are still being accepted and must be received by May 10, 2019.
**FOR FURTHER INFORMATION CONTACT:**
Concerning the proposed regulations, Austin Diamond-Jones, (202) 317-5363; concerning submission of comments or to request a public hearing, Regina Johnson, (202) 317-6901 (not toll-free numbers).
**SUPPLEMENTARY INFORMATION:**
**Background**
The proposed regulations that are the subject of this correction are under section 337(d) of the Internal Revenue Code.
**Need for Correction**
As published, the partial withdrawal of notice of proposed rulemaking and notice of proposed rulemaking (REG-113943-17) contains errors which may prove to be misleading and need to be clarified.
**Correction of Publication**
Accordingly, the partial withdrawal of notice of proposed rulemaking and notice of proposed rulemaking (REG-113943-17) that was the subject of FR Doc. 2019-05682, published at 84 FR 11259 (March 26, 2019), is corrected to read as follows:
§ 1.337(d)-7
On page 11263, second column, the second line of paragraph (f)(3)(iii), the language “distribution is described in a ruling” is corrected to read “distribution occurred before December 7, 2015 or is described in a ruling”.
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration).