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###### Department of the Treasury

###### Internal Revenue Service 

          - 26 CFR Part 1 
          - [REG-150066-08] 
          - RIN 1545-BI45 

# AGENCY:

Internal Revenue Service (IRS), Treasury. 

# ACTION:

Notice of proposed rulemaking by cross-reference to temporary regulations and notice of public hearing; correction. 

# SUMMARY:

                        This document contains corrections to a notice of proposed rulemaking and notice of public hearing that was published in the                         **Federal Register**                         on Monday, December 29, 2008 (73 FR 79421), relating to foreign base company sales income.                     

# FOR FURTHER INFORMATION CONTACT:

Jeffery Mitchell, (202) 622-7034 (not a toll-free number). 

# SUPPLEMENTARY INFORMATION:

## Background 

The notice of proposed rulemaking and notice of public hearing that is subject to these corrections are under section 954 of the Internal Revenue Code. 

## Need for Correction 

As published the notice of proposed rulemaking and notice of public hearing contains errors that may prove to be misleading and are in need of correction. 

## Correction of Publication 

Accordingly, the publication of the notice of proposed rulemaking and notice of public hearing (REG-150066-08), which was the subject of FR Doc. E8-30729, is corrected as follows: 

1. On page 79422, column 1, in the preamble under the heading Background and Explanation of Provision, the last sentence, the language “The preamble to the temporary regulations explains these proposed regulations.” is corrected to read “The preamble to the temporary regulations explains the amendments.” 

2. On page 79422, column 2, in the preamble under the heading Comments and Public Hearing, the first paragraph, line 3,  the language “consideration will be give to any written” is corrected to read “consideration will be given to any written”. 

                    3. On page 79422, column 3, in the preamble under the heading Part 1—Income Taxes, instructional paragraph 2, lines 5 and 6, the language “(b)(2)(ii)(e), (b)(4)                     *Example (3)*, (c), and (d), and adding                     *Examples 8*                     and                     *9*                     to” is corrected to read “(b)(2)(ii)(e) and (b)(4)                     *Example (3)*, and adding                     *Examples 8*                     and                     *9*                     to”.                 

                    4. On page 79423, column 1, § 1.954-3, the third sentence of                     *Example 8*, the language “8 is the same as the text of § 1.954-3T” is corrected to read “8 is the same as the text of § 1.954-3T(b)(4)”.                 

                    5. On page 79423, column 1, § 1.954-3, the third sentence of                     *Example 9*, the language “9 is the same as the text of § 1.954-3T” is corrected to read “9 is the same as the text of § 1.954-3T(b)(4)”.                 

Guy R. Traynor, 

Federal Register Liaison, Procedure & Administration, Associate Chief Counsel, Publications & Regulations.

 [FR Doc. E9-5892 Filed 3-19-09; 8:45 am] 

BILLING CODE 4830-01-P