Federal Register: March 27, 2009 (Volume 74, Number 58)
DOCID: fr27mr09-6 FR Doc E9-6944
DEPARTMENT OF THE TREASURY
Internal Revenue Service
CFR Citation: 26 CFR Part 1
NOTICE: RULES
DOCID: fr27mr09-6
SUBJECT CATEGORY:
Determination of Interest Expense Deduction of Foreign Corporations
DOCUMENT SUMMARY:
CFR Correction
In Title 26 of the Code of Federal Regulations, Part 1 (Sec. Sec.
1.851 to 1.907), revised as of April 1, 2008, on page 436, in Sec.
1.8825, reinstate paragraph (d)(2)(ii)(B) to read as follows: Sec. 1.8825 Determination of interest deduction.
* * * * *
(d) * * *
(2) * * *
(ii) * * *
(B) Identified liabilities not properly reflected. A liability is
not properly reflected on the books of the U.S. trade or business
merely because a foreign corporation identifies the liability pursuant to Sec. 1.8844(b)(1)(ii) and (b)(3).
* * * * *
[FR Doc. E96944 Filed 32609; 8:45 am]
BILLING CODE 150501D
SUMMARY:
Determination of Interest Expense Deduction of Foreign Corporations; CFR Correction
DOCUMENT BODY 2:
CFR Correction
In Title 26 of the Code of Federal Regulations, Part 1 (Sec. Sec.
1.851 to 1.907), revised as of April 1, 2008, on page 436, in Sec.
1.8825, reinstate paragraph (d)(2)(ii)(B) to read as follows: Sec. 1.8825 Determination of interest deduction.
* * * * *
(d) * * *
(2) * * *
(ii) * * *
(B) Identified liabilities not properly reflected. A liability is
not properly reflected on the books of the U.S. trade or business
merely because a foreign corporation identifies the liability pursuant to Sec. 1.8844(b)(1)(ii) and (b)(3).
* * * * *
[FR Doc. E96944 Filed 32609; 8:45 am]
BILLING CODE 150501D