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###### Department of the Treasury

###### Internal Revenue Service

          - 26 CFR Part 1
          - [TD 9568]
          - RIN 1545-BI47

# AGENCY:

Internal Revenue Service (IRS).

# ACTION:

Final rule; correction.

# SUMMARY:

                        This document contains corrections to final regulations (TD 9568), which were published in the                         **Federal Register**                         on Thursday, December 22, 2011 (76 FR 80082), Relating to section 482 and methods to determine taxable income in connection with a cost sharing arrangement.                    

# DATES:

*Effective*                         January 25, 2012, and applicable beginning December 22, 2011.                    

# FOR FURTHER INFORMATION CONTACT:

Joseph L. Tobin at (202) 435-5265 (not a toll-free number).

# SUPPLEMENTARY INFORMATION:

## Background

The final regulations that are the subject of these corrections are under section 482 of the Internal Revenue Code.

## Need for Correction

As published, final regulations (TD 9568), contains errors which may prove to be misleading and are in need of clarification.

## Correction of Publication

Accordingly, the publication of the final regulations, (TD 9568), which were the subject of FR Doc. 2011-32458, is corrected as follows:

                    1. On page 80082, column one, in the preamble, under the caption                     **DATES**                    , lines 4 and 5, the language “1.482-8(c), 1.482-9(n), and 1.301-7701-1(f)” is corrected to read as “1.482-8(c), 1.482-9(n), and 301.7701-1(f).”                

                    2. On page 80082, column one, in the preamble, under the caption, Paperwork Reduction Act, line one, the language “The collection of information” is corrected to read “The collections of information”.                          ( print page 3606)    

3. On page 80086, column three, in the preamble, paragraph d. introductory text, the language “Contractual CWI Provisions—§ 1.482-1(d)(3)(ii)(C), Examples 3 through 7” is corrected to read “Contractual CWI Provisions—§ 1.482-7(h)(2)(iii)(C), Examples 3 through 7.”.

 Guy R. Traynor,

 Federal Register Liaison, Legal Processing Division, Publication and Regulations Branch, Procedure and Administration.

[FR Doc. 2012-894 Filed 1-24-12; 8:45 am]

BILLING CODE 4830-01-P