[Federal Register Volume 76, Number 16 (Tuesday, January 25, 2011)]
[Rules and Regulations]
[Page 4244]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-1408]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9391]
RIN 1545-BF85
Source Rules Involving U.S. Possessions and Other Conforming
Changes; Correction
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Correcting amendment.
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SUMMARY: This document contains a correction to final regulations (TD
9391) that were published in the Federal Register on Wednesday, April
9, 2008 (73 FR 19350) providing rules under section 937(b) of the
Internal Revenue Code for determining whether income is derived from
sources within a U.S. possession or territory specified in section
937(a)(1) (generally referred to in this preamble as a ``territory'')
and whether income is effectively connected with the conduct of a trade
or business within a territory as well as providing guidance under
section 932 and other provisions related to the territories.
DATES: This correction is effective on January 25, 2011, and is
applicable on April 9, 2008.
FOR FURTHER INFORMATION CONTACT: J. David Varley, (202) 435-5262 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final regulations and removal of temporary regulations that are
the subjects of this document are under sections 1, 170A, 861, 871,
876, 881, 884, 901, 931, 932, 933, 934, 935, 937, 957, 1402, 6012,
6038, and 6046 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9391) 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 1.932-1 is amended by revising paragraph (e)(1) to read
as follows:
Sec. 1.932-1 Coordination of United States and Virgin Islands income
taxes.
* * * * *
(e) * * * (1) U.S. returns. Except as otherwise provided for
returns filed under paragraph (c)(2)(ii) of this section, a return
required under the rules of paragraphs (b) and (c) of this section to
be filed with the United States must be filed as directed in the
applicable forms and instructions.
* * * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division,
Associate Chief Counsel, Procedure and Administration.
[FR Doc. 2011-1408 Filed 1-24-11; 8:45 am]
BILLING CODE 4830-01-P