Federal Register, Volume 74, Number 12, January 21, 2009, Pages 3395-3962 Page: 3,420
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Federal Register/Vol. 74, No. 12/Wednesday, January 21, 2009 /Rules and Regulations
4 percent as is required to meet U.S. No.
1 Institutional grade. Grapes meeting
these quality requirements shall not be
marked "Institutional Pack," but may be
marked "DGAC No. 1 Institutional."
(i) * * *
(ii) Grapes of the Flame Seedless
variety shall meet the minimum berry
size requirement of ten-sixteenths of an
inch (1.5875 centimeters) and shall be
considered mature if the juice meets or
exceeds 16.5 percent soluble solids, or
the juice contains not less than 15
percent soluble solids and the soluble
solids are equal to or in excess of 20
parts to every part acid contained in the
juice, in accordance with applicable
sampling and testing procedures
specified in sections 1436.3, 1436.5,
1436.6, 1436.7, 1436.12, and 1436.17 of
Article 25 of Title 3: California Code of
Regulations (CCR).
(3) All regulated varieties of grapes
offered for importation shall be subject
to the grape import requirements
contained in this section effective April
10 through July 10.
* * * * *
Dated: January 14, 2009.
James E. Link,
Administrator, Agricultural Marketing
Service.
[FR Doc. E9-1139 Filed 1-16-09; 8:45 am]
BILLING CODE 3410-02-P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9435]
RIN 1545-BH61
Guidance Regarding the Treatment of
Stock of a Controlled Corporation
Under Section 355(a)(3)(B); Correction
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Correcting amendment.
SUMMARY: This document contains
corrections to final and temporary
regulations (TD 9435) that were
published in the Federal Register on
Monday, December 15, 2008 (73 FR
75946) providing guidance regarding the
distribution of stock of a controlled
corporation acquired in a transaction
described in section 355(a)(3)(B) of the
Internal Revenue Code. This action is
necessary in light of amendments to
section 355(b). These temporary
regulations will affect corporations andtheir shareholders. The text of these
temporary regulations also serves as the
text of the proposed regulations set forth
in the notice of proposed rulemaking on
this subject in the Proposed Rules
section in this issue of the Federal
Register.
DATES: Effective Date: This correction is
effective January 21, 2009, and is
applicable on December 15, 2008.
FOR FURTHER INFORMATION CONTACT:
Russell P. Subin, (202) 622-7790 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final and temporary regulations
that are the subject of this document are
under section 355 of the Internal
Revenue Code.
Need for Correction
As published, final and temporary
regulations (TD 9435) contains errors
that may prove to be misleading and are
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 amendments:
PART 1-INCOME TAXES
Paragraph 1. The authority citation
for part 1 is amended by revising the
entries to read as follows:
Authority: 26 U.S.C. 7805 * * *
Section 1.355-2T(g) and (i) are also issued
under 26 U.S.C. 355(b)(3)(D). * * *
Par. 2. Section 1.355-1 is amended by
revising the last two sentences of
paragraph (a) to read as follows:
1.355-1 Distribution of stock and
securities of a controlled corporation.
(a) * * * This section and 1.355-
2 through 1.355-4, other than 1.355-
2(g) and (i) and 1.355-2T, do not
reflect the amendments to section 355
made by the Revenue Act of 1987, the
Technical and Miscellaneous Revenue
Act of 1988, and the Tax Technical
Corrections Act of 2007. For the
applicability date of 1.355-2T(g),
1.355-5, 1.355-6, and 1.355-7, see
1.355-2T(i), 1.355-5(e), 1.355-6(g),
and 1.355-7(k), respectively.
* * * * *
* Par. 3. Section 1.355-2T is amended
by revising the last sentence of
paragraph (i)(1) to read as follows:
1.355-2T Limitations (temporary).* * * * *
(i) * * *
(1) * * * However, except as
provided in paragraph (i)(2) of this
section, paragraphs (g)(1) through (g)(5)
of this section do not apply to any
distribution occurring after December
15, 2008, that is pursuant to a
transaction which is-
* * * * *
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. E9-1120 Filed 1-16-09; 8:45 am]
BILLING CODE 4830-01-P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1
[TD 9435]
RIN 1545-BH61
Guidance Regarding the Treatment of
Stock of a Controlled Corporation
Under Section 355(a)(3)(B); Correction
AGENCY: Internal Revenue Service (IRS),
Treasury.
ACTION: Correction to final and
temporary regulations.
SUMMARY: This document contains
corrections to final and temporary
regulations (TD 9435) that were
published in the Federal Register on
Monday, December 15, 2008 (73 FR
75946) providing guidance regarding the
distribution of stock of a controlled
corporation acquired in a transaction
described in section 355(a)(3)(B) of the
Internal Revenue Code. This action is
necessary in light of amendments to
section 355(b). These temporary
regulations will affect corporations and
their shareholders.
DATES: Effective Date: This correction is
effective January 21, 2009, and is
applicable on December 15, 2008.
FOR FURTHER INFORMATION CONTACT:
Russell P. Subin, (202) 622-7790 (not a
toll-free number).
SUPPLEMENTARY INFORMATION:
Background
The final and temporary regulations
that are the subject of this document are
under section 355 of the Internal
Revenue Code.
Need for Correction
As published, final and temporary
regulations (TD 9435) contains errors
that may prove to be misleading and arein need of clarification.
3420
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United States. Office of the Federal Register. Federal Register, Volume 74, Number 12, January 21, 2009, Pages 3395-3962, periodical, January 21, 2009; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc132874/m1/35/: accessed April 26, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.