26542 Federal Register / Vol. 72, No. 90 / Thursday, May 10, 2007 / Rules and Regulations 

§ 135.364 Maximum flying time outside the 

United States. 

After February 15, 2008, no certificate 

holder may operate an airplane, other 

than an all-cargo airplane with more 

than two engines, on a planned route 

that exceeds 180 minutes flying time (at 

the one-engine-inoperative cruise speed 

under standard conditions in still air) 

from an Adequate Airport outside the 

continental United States unless the 

operation is approved by the FAA in 

accordance with Appendix G of this 

part, Extended Operations (ETOPS). 

■ 5. In appendix G of part 135, in 

section G135.2.8, revise paragraph (c) 

and the introductory text to paragraph 

(h) to read as follows: 

Appendix G to Part 135—Extended 

Operations (ETOPS) 

* * * * * 

G135.2.8 Maintenance Program 

Requirements 

* * * * * 

(c) Limitations on dual maintenance. (1) 

Except as specified in paragraph 

G135.2.8(c)(2) of this appendix, the 

certificate holder may not perform scheduled 

or unscheduled dual maintenance during the 

same maintenance visit on the same or a 

substantially similar ETOPS Significant 

System listed in the ETOPS maintenance 

document, if the improper maintenance 

could result in the failure of an ETOPS 

Significant System. 

(2) In the event dual maintenance as 

defined in paragraph G135.2.8(c)(1) of this 

appendix cannot be avoided, the certificate 

holder may perform maintenance provided: 

(i) The maintenance action on each 

affected ETOPS Significant System is 

performed by a different technician, or 

(ii) The maintenance action on each 

affected ETOPS Significant System is 

performed by the same technician under the 

direct supervision of a second qualified 

individual; and 

(iii) For either paragraph G135.2.8(c)(2)(i) 

or (ii) of this appendix, a qualified individual 

conducts a ground verification test and any 

in-flight verification test required under the 

program developed pursuant to paragraph 

G135.2.8(d) of this appendix. 

* * * * * 

(h) Enhanced Continuing Analysis and 

Surveillance System (E–CASS) program. A 

certificate holder’s existing CASS must be 

enhanced to include all elements of the 

ETOPS maintenance program. In addition to 

the reporting requirements of § 135.415 and 

§ 135.417, the program includes reporting 

procedures, in the form specified in 

§ 135.415(e), for the following significant 

events detrimental to ETOPS within 96 hours 

of the occurrence to the certificate holding 

district office (CHDO): 

* * * * * 

Issued in Washington, DC, on May 2, 2007. 

Rebecca MacPherson, 

Assistant Chief Counsel, Regulations 

Division. 

[FR Doc. E7–8810 Filed 5–9–07; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9323] 

RIN 1545–BF64 

Revisions to Regulations Relating to 

Repeal of Tax on Interest of 

Nonresident Alien Individuals and 

Foreign Corporations Received From 

Certain Portfolio Debt Investments; 

Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Correction to final regulations. 

SUMMARY: This document contains 

corrections to final regulations (TD 

9323) that were published in the 

Federal Register on Thursday, April 12, 

2007 (72 FR 18386) relating to the 

exclusion from gross income of portfolio 

interest paid to a nonresident alien 

individual or foreign corporation. 

DATES: The correction is effective May 

10, 2007. 

FOR FURTHER INFORMATION CONTACT: 

Kathryn Holman of the Office of the 

Associate Chief Counsel (International), 

(202) 622–3840 (not a toll-free call). 

SUPPLEMENTARY INFORMATION: 

Background 

The final regulations that are the 

subject of this correction are under 

sections 871 and 881 of the Internal 

Revenue Code. 

Need for Correction 

As published, final regulations (TD 

9323) contain errors that may prove to 

be misleading and are in need of 

clarification. 

Correction of Publication 

Accordingly, the publication of the 

final regulations (TD 9323), which were 

the subject of FR Doc. E7–6766, is 

corrected as follows: 

1. On page 18386, column 3, in the 

preamble, under the paragraph heading 

‘‘1. Time for Applying the 10-Percent 

Shareholder Test’’, ninth line of the last 

paragraph of the column, the language 

‘‘under section 6031(c) is mailed, or 

the’’ is corrected to read ‘‘under section 

6031(b) is mailed, or the’’. 

2. On page 18387, column 1, in the 

preamble, under the paragraph heading 

‘‘1. Time for Applying the 10-Percent 

Shareholder Test’’, tenth line of the first 

paragraph of the column, the language 

‘‘section 6031(c) is mailed or otherwise’’

is corrected to read ‘‘section 6031(b) is 

mailed or otherwise’’. 

LaNita Van Dyke, 

Chief, Publications and Regulations Branch, 

Legal Processing Division, Associate Chief 

Counsel (Procedure and Administration). 

[FR Doc. E7–8923 Filed 5–9–07; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9323] 

RIN 1545–BF64 

Revisions to Regulations Relating to 

Repeal of Tax on Interest of 

Nonresident Alien Individuals and 

Foreign Corporations Received From 

Certain Portfolio Debt Investments; 

Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Correcting amendment. 

SUMMARY: This document contains a 

correction to final regulations (TD 9323) 

that were published in the Federal 

Register on Thursday, April 12, 2007 

(72 FR 18386) relating to the exclusion 

from gross income of portfolio interest 

paid to a nonresident alien individual or 

foreign corporation. 

DATES: The correction is effective May 

10, 2007. 

FOR FURTHER INFORMATION CONTACT: 

Kathryn Holman of the Office of the 

Associate Chief Counsel (International), 

(202) 622–3840 (not a toll-free call). 

SUPPLEMENTARY INFORMATION: 

Background 

The final regulations that are the 

subject of this correction are under 

sections 871 and 881 of the Internal 

Revenue Code. 

Need for Correction 

As published, final regulations (TD 

9323) contain an error that 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. 


cprice-sewell on PRODPC61 with RULES
Federal Register / Vol. 72, No. 90 / Thursday, May 10, 2007 / Rules and Regulations 26543 

Correction of Publication 

■ Accordingly, 26 CFR part 1 is 

corrected by making the following 

correcting amendment: 

PART 1—INCOME TAXES 

■ Paragraph 1. The authority citation 

for part 1 continues to read in part as 

follows: 

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

■ Par. 2. Section 1.871–14 is amended 

by revising the second sentence of 

paragraph (g)(3)(ii) to read as follows: 

§ 1.871–14 Rules relating to repeal of tax 

on interest of nonresident alien individuals 

and foreign corporations received from 

certain portfolio debt investments. 

* * * * * 

(g) * * * 

(3) * * * 

(ii) * * * For example, in the case of 

U.S. source interest paid by a domestic 

corporation to a domestic partnership or 

withholding foreign partnership (as 

defined in § 1.1441–5(c)(2)), the 10- 

percent shareholder test is applied 

when any distributions that include the 

interest are made to a foreign partner 

and, to the extent that a foreign partner’s 

distributive share of the interest has not 

actually been distributed, on the earlier 

of the date that the statement required 

under section 6031(b) is mailed or 

otherwise provided to such partner, or 

the due date for furnishing such 

statement. * * * 

* * * * * 

LaNita Van Dyke, 

Chief, Publications and Regulations Branch, 

Legal Processing Division, Associate Chief 

Counsel (Procedure and Administration). 

[FR Doc. E7–8922 Filed 5–9–07; 8:45 am] 

BILLING CODE 4830–01–P 

POSTAL SERVICE 

39 CFR Part 111 

New Standards for First-Class Mail and 

Priority Mail Services 

AGENCY: Postal Service. 

ACTION: Final rule. 

SUMMARY: The Postal Service will adopt 

new mailing standards and prices on 

May 14, 2007, to support most of the 

pricing change recommended by the 

Postal Regulatory Commission and 

approved by the Governors of the 

United States Postal Service. After a 

reconsideration by the Postal Regulatory 

Commission, we are lowering the price 

for the Priority Mail flat-rate box to 

$8.95 from the previously recommended 

$9.15, and extending the $0.17 

nonmachinable surcharge to all 

nonmachinable single-piece and 

presorted First-Class Mail letters, 

regardless of weight. 

EFFECTIVE DATE: 12:01 a.m. on May 14, 

2007. 

FOR FURTHER INFORMATION CONTACT: Joel 

Walker, 202–268–7261. 

SUPPLEMENTARY INFORMATION: The Postal 

Service’s request in Docket No. R2006–

1 included mail classification changes, 

new pricing structures, and price 

changes for most domestic mailing 

services. This final rule provides new 

revisions to Mailing Standards of the 

United States Postal Service, Domestic 

Mail Manual (DMM) that we will adopt 

to implement two items that were 

reconsidered in the R2006–1 pricing 

change. 

You can find more information about 

the pricing change at http:// 

www.usps.com/ratecase, including our 

proposed and final rules for all of the 

rate and classification changes. Our Web 

site provides frequently asked 

questions, press releases, and Mailers 

Companion and MailPro articles for 

business mailers. We also posted a new 

version of the DMM with all of the 

prices and standards effective May 14, 

including the reconsidered prices in this 

final rule. We encourage you to use 

these materials as you prepare for the 

pricing change. 

Background 

The Postal Service Board of Governors 

set May 14, 2007, as the implementation 

date for new prices and related changes 

for all classes of mail and extra services, 

with the exception of Periodicals mail, 

which we will implement on July 15, 

2007. While the Governors acted to 

implement all of the Postal Regulatory 

Commission’s recommended rates, they 

also asked the Commission to 

reconsider three issues: the prices for 

Standard Mail flats, the application of 

the nonmachinable surcharge for FirstClass Mail letters, and the price for the 

Priority Mail flat-rate box. 

On April 27, 2007, the Commission 

issued its Opinion and Recommended 

Decision on Reconsideration regarding 

the nonmachinable surcharge for FirstClass Mail letters and the price for the 

Priority Mail flat-rate box. The 

Commission recommended that we 

remove the ‘‘1-ounce or less’’ limitation 

on the nonmachinable surcharge for 

First-Class Mail letters, and charge $8.95 

for the Priority Mail flat-rate box. The 

Postal Service Board of Governors 

approved the recommended changes 

and set May 14, 2007, as the effective 

date. 

Summary of First-Class Mail Changes 

Letter-rate First-Class Mail pieces 

with any of the nonmachinable 

characteristics in DMM 201.2.1 are 

subject to a $0.17 nonmachinable 

surcharge. Originally the Commission 

recommended the surcharge only for 

pieces weighing 1 ounce or less. 

Summary of Priority Mail Changes 

The USPS-produced flat-rate box is 

charged $8.95, not $9.15 as the 

Commission originally recommended. 

We adopt the following amendments 

to Mailing Standards of the United 

States Postal Service, Domestic Mail 

Manual (DMM), incorporated by 

reference in the Code of Federal 

Regulations. See 39 CFR 111.1. 

List of Subjects in 39 CFR Part 111 

Administrative practice and 

procedure, Postal Service. 

■ Accordingly, 39 CFR part 111 is 

amended as follows: 

PART 111—[AMENDED] 

■ 1. The authority citation for 39 CFR 

part 111 continues to read as follows: 

Authority: 5 U.S.C. 552(a); 39 U.S.C. 101, 

401, 403, 404, 414, 3001–3011, 3201–3219, 

3403–3406, 3621, 3626, 5001. 

■ 2. Revise the following sections of 

Mailing Standards of the United States 

Postal Service, Domestic Mail Manual 

(DMM), as follows: 

Mailing Standards of the United States 

Postal Service, Domestic Mail Manual 

(DMM) 

[Revise the rate tables and the text 

throughout the DMM to apply a $0.17 

nonmachinable surcharge to all FirstClass Mail letters that meet one or more 

of the nonmachinable characteristics in 

101.1.2.] 

100 Retail Mail: Letters, Cards, Flats, 

and Parcels 

* * * * * 

120 Retail Mail: Priority Mail 

123 Rates and Eligibility 

1.0 Priority Mail Rates and Fees 

[Revise the rate tables to change the 

Priority Mail flat-rate box price to 

$8.95.] 

* * * * * 

1.5 Flat-Rate Boxes and Envelopes 

* * * * * 

1.5.1 Flat-Rate Boxes—Rate and 

Eligibility 

[Update the flat-rate box price to $8.95 

as follows:] 


cprice-sewell on PRODPC61 with RULES