[Federal Register: February 18, 2009 (Volume 74, Number 31)]
[Proposed Rules]
[Page 7575]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18fe09-18]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-148326-05]
RIN 1545-BF50


Further Guidance on the Application of Section 409A to
Nonqualified Deferred Compensation Plans; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking.

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SUMMARY: This document contains a correction to a notice of proposed
rulemaking (REG-148326-05) that was published in the Federal Register
on Monday, December 8, 2008 (73 FR 74380) providing guidance on the
calculation of amounts includible in income under section 409A(a) and
the additional taxes imposed by such section with respect to service
providers participating in certain nonqualified deferred compensation
plans. The regulations would affect such service providers and the
service recipients for whom the service providers provide services.

FOR FURTHER INFORMATION CONTACT: Stephen Tackney, (202) 927-9639 (not a
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The correction notice that is the subject of this document is under
section 409A of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking (REG-148326-05)
contains an error that may prove to be misleading and is in need of
clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking
(REG-148326-05), which was the subject of FR Doc. E8-28894, is
corrected as follows:
    On page 74380, column 3, in the preamble, under the caption FOR
FURTHER INFORMATION CONTACT:, lines 1 and 2 from the bottom of the
paragraph, the language ``hearing, Funmi Taylor at (202) 622-7190 (not
toll-free numbers).'' is corrected to read ``hearing, Funmi Taylor at
(202) 622-3628 (not toll-free numbers)''.

LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel, (Procedure and Administration).
[FR Doc. E9-3323 Filed 2-17-09; 8:45 am]

BILLING CODE 4830-01-P