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Use of Differential Income Stream as an Application of the Income Method and as a Consideration in Assessing the Best Method; Correcting Amendment

---
identifier: "/us/fr/2020-04485"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Use of Differential Income Stream as an Application of the Income Method and as a Consideration in Assessing the Best Method; Correcting Amendment"
title_number: 0
title_name: "Federal Register"
section_number: "2020-04485"
section_name: "Use of Differential Income Stream as an Application of the Income Method and as a Consideration in Assessing the Best Method; Correcting Amendment"
positive_law: false
currency: "2020-03-09"
last_updated: "2020-03-09"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "2020-04485"
document_type: "rule"
publication_date: "2020-03-09"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BK17"
fr_citation: "85 FR 13483"
fr_volume: 85
docket_ids:
  - "TD 9630"
effective_date: "2020-03-09"
fr_action: "Correcting amendment."
---

#  Use of Differential Income Stream as an Application of the Income Method and as a Consideration in Assessing the Best Method; Correcting Amendment

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correcting amendment.

**SUMMARY:**

This document contains corrections to Treasury Decision TD 9630, which was published in the *Federal Register* on Tuesday, August 27, 2013. Treasury Decision 9630 contains final regulations that implement the use of the differential income stream as a consideration in assessing the best sharing arrangement and as a specified application of the income method.

**DATES:**

This correction is effective on March 9, 2020 and is applicable on or after August 27, 2013.

**FOR FURTHER INFORMATION CONTACT:**

Christopher J. Bello, Office of Associate Chief Counsel (International), (202) 317-3800 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations (TD 9630) that are the subject of this correction are issued under section 1.482-7 of the Internal Revenue Code.

**Need for Correction**

As published August 27, 2013 (78 FR 52854), the final regulations (TD 9630) contain an error that needs to be corrected.

**List of Subjects in 26 CFR Part 1**

Income taxes, Reporting and recordkeeping requirements.

**Correction of Publication**

Accordingly, 26 CFR part 1 is corrected by making the following correcting amendment:

**PART 1—INCOME TAXES**

**26 CFR Part 1**

1. The authority citation for part 1 is amended by removing the sectional authority for § 1.482-7T to read in part as follows:

**Authority:**

26 U.S.C. 7805.

Martin V. Franks,

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