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###### Department of the Treasury

###### Internal Revenue Service

          - 26 CFR Part 1
          - [TD 9458] 
          - RIN 1545-BI72 

# AGENCY:

Internal Revenue Service (IRS), Treasury. 

# ACTION:

Correcting amendment.

# Summary:

                        This document contains a correction to temporary regulations (TD 9458), which were published in the                         **Federal Register**                         on Friday, September 4, 2009, relating to modification to consolidated return regulation permitting an election to treat a liquidation of a target, followed by a recontribution to a new reorganization.                     

# DATES:

The correction is effective January 13, 2010, and is applicable beginning September 4, 2009. 

# FOR FURTHER INFORMATION CONTACT:

Guy Traynor at (202) 622-3693 (not a toll-free number). 

# SUPPLEMENTARY INFORMATION:

## Background 

The temporary regulation that is the subject to this correction is under section 1502 of the Internal Revenue Code. 

## Need for Correction 

As published September 4, 2009 (74 FR 45757), temporary regulations (TD 9458), contains an error which 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 

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

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

**Par. 2.**                         Paragraph (f)(5)(ii)(G) is added following paragraph (f)(5)(ii)(F)(3), to read as follows:                     

§ 1.1502-13T

* * * * *

(f) * * * 

(5) * * * 

(ii) * * * 

                            (G)                             *Expiration date.*                             Paragraphs (f)(5)(ii)(B), (B)(1), (B)(2) and (F)(1), (2), and (3) of this section will expire on September 3, 2012.                         

* * * * *

Guy R. Traynor, 

Federal Register Liaison, Publications & Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure & Administration). 

[FR Doc. 2010-416 Filed 1-12-10; 8:45 am] 

BILLING CODE 4830-01-P