Federal Register, Volume 76 Issue 14 (Friday, January 21, 2011)

[Federal Register Volume 76, Number 14 (Friday, January 21, 2011)]
[Rules and Regulations]
[Page 3837]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-1215]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9512]
RIN 1545-BF08


Nuclear Decommissioning Funds; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

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SUMMARY: This document contains a correction to final regulations (TD 
9512) that were published in the Federal Register on Thursday, December 
23, 2010 (75 FR 80697) relating to deductions for contributions to 
trusts maintained for decommissioning nuclear power plants.

DATES: This correction is effective on January 21, 2011, and is 
applicable on December 23, 2010.

FOR FURTHER INFORMATION CONTACT: Patrick S. Kirwan, (202) 622-3110 (not 
a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9512) that are the subject of this 
document are under section 468A of the Internal Revenue Code.

Need for Correction

    As published, the final regulations (TD 9512) contain an error that 
may prove to be misleading and is in need of clarification.

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

0
Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:

    Authority: 26 U.S.C. 7805 * * *

0
Par. 2. Section 1.468A-6 is amended by revising the last sentence of 
paragraph (e)(3) Example 2. to read as follows:


Sec.  1.468A-6  Disposition of an interest in a nuclear power plant.

* * * * *
    (e) * * *
    (3) * * *
    Example 2.  * * * Pursuant to paragraph (e)(1)(iii) of this 
section, Y must file a request for a revised schedule of ruling 
amounts by March 15 of year 7.
* * * * *

LaNita Van Dyke,
Branch Chief, Publications and Regulations, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2011-1215 Filed 1-20-11; 8:45 am]
BILLING CODE 4830-01-P