39734 Federal Register / Vol. 72, No. 139 / Friday, July 20, 2007 / Rules and Regulations 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2007–27594; Airspace 

Docket No. 07–ASO–3] 

Establishment of Class D and E 

Airspace; Aguadilla, PR; Correction 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Correcting amendment. 

SUMMARY: This document contains a 

correction to the final rule (FAA–2007–

27594; 07–ASO–3), which was 

published in the Federal Register of 

May 8, 2007, (72 FR 25962), establishing 

Class D and E airspace at Aguadilla, PR. 

This action corrects errors in the 

summary and legal description for the 

Class E4 airspace at Aguadilla, PR. 

DATES: Effective Date: Effective 0901 

UTC, July 5, 2007. The Director of the 

Federal Register approves this 

incorporation by reference action under 

title 1, Code of Federal Regulations, part 

51, subject to the annual revision of 

FAA Order 7400.9 and publication of 

conforming amendments. 

FOR FURTHER INFORMATION CONTACT: 

Mark D. Ward, Manager, System 

Support Group, Eastern Service Center, 

Federal Aviation Administration, P.O. 

Box 20636, Atlanta, Georgia 30320; 

telephone (404) 305–5627. 

SUPPLEMENTARY INFORMATION: 

Background 

Federal Register Document 07–2250, 

Docket No. FAA–2007–27594; 07–ASO–

3, published May 8, 2007, (72 FR 

25962), establishes Class D and E4 

airspace at Aguadilla, PR. Errors were 

discovered in the summary and legal 

description describing the Class E4 

airspace area. In line 13 of the summary, 

Class E should read Class D. In the legal 

description for the Class E4 airspace, the 

navigation aid, Borinquen VORTAC, 

and geographical coordinates, Lat. 

18°29′53′′ N, long. 67°06′30′′ W, were 

omitted. This action corrects those 

errors. Class E airspace designations for 

airspace areas designated as an 

extension to a Class D surface area are 

published in Paragraph 6004 of FAA 

Order 7400.9P, Airspace Designations 

and Reporting Points, dated September 

1, 2006, and effective September 15, 

2006, which is incorporated by 

reference in 14 CFR 71.1. The Class E 

airspace designation listed in this 

document will be published 

subsequently in the Order. 

Need for Correction 

As published, the final rule contains 

errors in the summary and legal 

description of the Class E4 airspace 

area. Accordingly, pursuant to the 

authority delegated to me, the summary 

and legal description for the Class E4 

airspace area at Aguadilla, PR, 

incorporated by reference at § 71.1, 14 

CFR 71.1, and published in the Federal 

Register on May 8, 2007, (72 FR 25962), 

is corrected by making the following 

correcting amendment. 

List of Subjects in 14 CFR Part 71 

Airspace, Incorporation by reference, 

Navigation (air). 

■ In consideration of the foregoing, the 

Federal Aviation Administration 

corrects the adopted amendment, 14 

CFR part 71, by making the following 

correcting amendment: 

PART 71—DESIGNATION OF CLASS A, 

CLASS B, CLASS C, CLASS D, AND 

CLASS E AIRSPACE AREAS; 

AIRWAYS; ROUTES; AND REPORTING 

POINTS 

■ 1. The authority citation for part 71 

continues to read as follows: 

Authority: 49 U.S.C. 106(g); 40103, 40113, 

40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959–

1963 Comp., p. 389. 

§ 71.1 [Corrected] 

■ 2. The incorporation by reference in 

14 CFR 71.1 of Federal Aviation 

Administration Order 7400.9P, Airspace 

Designations and Reporting Points, 

dated September 1, 2006, and effective 

September 15, 2006, is amended as 

follows: 

Paragraph 6004 Class E Airspace Areas 

Designated as an Extension to a Class D 

Surface Area. 

* * * * * 

ASO PR E4 Aguadilla, PR [Corrected] 

Rafael Hernandez Airport, PR 

(Lat. 18°29′42′′ N., long. 67°07′46′′ W.) 

Borinquen VORTAC 

(Lat. 18°29′53′′ N., long. 67°06′30′′ W.) 

That airspace extending upward from the 

surface within 2.4 miles each side of the 

Borinquen VORTAC 257° radial extending 

from the 4.5 mile radius to 7 miles west of 

the VORTAC. This Class E airspace area is 

effective during the specific days and times 

established in advance by a Notice to 

Airmen. The effective days and times will 

thereafter be continuously published in the 

Airport/Facility Directory. 

* * * * * 

On page 25962, column 2, line 13 of the 

Summary, correct the Class E and Class E4, 

changing ‘‘Class E and Class E4’’ to ‘‘Class D 

and E4’’. 

* * * * * 

Issued in College Park, Georgia, on April 

26, 2007. 

Mark D. Ward, 

Group Manager, System Support Group, 

Eastern Service Center. 

[FR Doc. 07–3503 Filed 7–19–07; 8:45 am] 

BILLING CODE 4910–13–M 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9342] 

RIN 1545–BE85 

Guidance Under Section 1502; 

Amendment of Tacking Rule 

Requirements of Life-Nonlife 

Consolidated Regulations 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Final regulations and removal of 

temporary regulations. 

SUMMARY: This document contains final 

regulations under section 1502 

concerning the requirements for 

including insurance companies in a lifenonlife consolidated return. These 

regulations conform the consolidated 

return rules to certain changes in law. 

These regulations affect corporations 

filing life-nonlife consolidated returns. 

DATES: Effective Date: These regulations 

are effective July 20, 2007. 

Applicability Date: For dates of 

applicability, see §§ 1.1502–47(b) and 

1.1502–76(d). 

FOR FURTHER INFORMATION CONTACT: Ross 

Poulsen (202) 622–7790 or Marcie 

Barese (202) 622–7790 (not toll-free 

numbers). 

SUPPLEMENTARY INFORMATION: 

Background 

Section 1504(c) of the Internal 

Revenue Code permits life companies to 

join in the filing of a consolidated return 

with nonlife corporations with certain 

restrictions, the principal one of which 

is that a life company must be a member 

of the affiliated group (without regard to 

section 1504(b)(2)) for five taxable years 

before it may join in the filing of the 

consolidated group’s return. Section 

1.1502–47 contains an exception to this 

requirement (the tacking rule) for 

transactions that meet certain 

conditions. The original tacking rule 

contained five conditions, including 

‘‘the separation condition.’’

Before 1981, section 843 required all 

insurance companies taxed under 

Subchapter L to adopt a calendar year 


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