Internal Revenue Service (IRS), Treasury.

Correction to final and temporary regulations.

This document contains a correction to final and temporary regulations (T.D. 9281, 2006-39 I.R.B. 517), that were published in the Federal Register on Thursday, August 17, 2006 (71 FR 47443). This regulation revised the Income Tax Regulations relating to the determination of the interest expense deduction of foreign corporations and applies to foreign corporations engaged in a trade or business within the United States.

This correction is effective August 17, 2006.

Gregory Spring or Paul Epstein, (202) 622-3870 (not a toll-free number).

The final and temporary regulations (T.D. 9281) that is the subject of this correction are under sections 882 and 884 of the Internal Revenue Code.

As published, T.D. 9281 contains an error that may prove to be misleading and is in need of clarification.

Accordingly, the publication of the final and temporary regulations (T.D. 9281), that were the subject of FR Doc. E6-13402, is corrected as follows:

On page 47443, column 1, in the preamble under the caption “DATES: Effective Date:”, lines 1 through 5, the language, “These regulations are effective starting the tax year end for which the original tax return due date (including extensions) is after August 17, 2006.” is corrected to read “These regulations are effective August 17, 2006.”.