This section of the FEDERAL REGISTER

contains regulatory documents having general

applicability and legal effect, most of which

are keyed to and codified in the Code of

Federal Regulations, which is published under

50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by

the Superintendent of Documents.

Rules and Regulations Federal Register

32185 

Vol. 86, No. 115 

Thursday, June 17, 2021 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 111 

[Docket No.: FAA–2020–0246; Amdt. Nos. 

11–65, 91–363, and 111–1A] 

RIN 2120–AK31 

Pilot Records Database; Correction 

AGENCY: Federal Aviation 

Administration (FAA), U.S. Department 

of Transportation (DOT). 

ACTION: Final rule; correction. 

SUMMARY: On June 10, 2021, the FAA 

published a final rule regarding the use 

of an electronic Pilot Records Database 

(PRD) and implementing statutory 

requirements to facilitate the sharing of 

pilot records among air carriers and 

other operators in an electronic data 

system managed by the FAA. An error 

in one of the amendatory instructions 

resulted in an incorrect effective date. 

This document corrects that effective 

date. 

DATES: This correction is effective 

August 9, 2021. 

FOR FURTHER INFORMATION CONTACT: 

Christopher Morris, 3500 S MacArthur 

Blvd, ARB301, Oklahoma City, 

Oklahoma 73179; telephone (405) 954– 

4646; email christopher.morris@faa.gov. 

SUPPLEMENTARY INFORMATION: The final 

rule, published June 10, 2021, at 86 FR 

31006, amends Title 14 of the Code of 

Federal Regulations (14 CFR) by adding 

new part 111, Pilot Records Database 

(PRD). The amendment adding part 111 

was intended to be effective on August 

9, 2021, but was erroneously printed 

with an effective date of September 8, 

2021. 

Therefore, in FR Doc. 2021–11424 

appearing on page 31006 in the Federal 

Register of Thursday, June 10, 2021, the 

following corrections are made: 

PART 111 [CORRECTED] 

■ 1. On page 31060, in the second 

column, in amendment 5, the 

instruction ‘‘Effective September 8, 

2021, add part 111 to subchapter G to 

read as follows:’’ is corrected to read 

‘‘Effective August 9, 2021, add part 111 

to subchapter G to read as follows:’’ 

Issued in Washington, DC, under the 

authority of 49 U.S.C. 106(f), U.S.C. 

106(f), 106(g) 44701(a), 44703, 44711, 

46105, and 46301 on or about June 11, 

2021. 

Timothy R. Adams, 

Acting Executive Director, Office of 

Rulemaking, Federal Aviation 

Administration. 

[FR Doc. 2021–12749 Filed 6–16–21; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

Internal Revenue Service 

26 CFR Part 1 

[TD 9942] 

RIN 1545–BP53 

Small Business Taxpayer Exceptions 

Under Sections 263A, 448, 460 and 

471; Correction 

AGENCY: Internal Revenue Service (IRS), 

Treasury. 

ACTION: Correcting amendments. 

SUMMARY: This document contains 

corrections to the final regulations 

Treasury Decision 9942, that were 

published in the Federal Register on 

Tuesday, January 5, 2021. The final 

regulations implemented legislative 

changes that simplify the application of 

certain tax accounting provisions for 

eligible businesses with average annual 

gross receipts that do not exceed 

$25,000,000, adjusted for inflation. 

DATES: These corrections are effective 

on June 17, 2021. For dates of 

applicability, see §§ 1.263A–1(a)(2)(i), 

1.263A–1(m)(6), 1.263A–2(g)(4), 

1.263A–3(f)(2), 1.263A–4(g)(2), 1.263A– 

7(a)(4)(ii), 1.381(c)(5)–1(f), 1.446–1(c)(3), 

1.448–2(h), 1.448–3(h), 1.460–1(h)(3), 

1.460–3(d), 1.460–4(i), 1.460–6(k), and 

1.471–1(c). 

FOR FURTHER INFORMATION CONTACT: 

Concerning §§ 1.460–1 through 1.460–6, 

Innessa Glazman, (202) 317–7006; 

concerning all other regulations in this 

document, Anna Gleysteen, (202) 317– 

7007. 

SUPPLEMENTARY INFORMATION: 

Background 

The final regulations (TD 9942) that 

are the subject of this correction are 

issued under sections 263A, 448, 460, 

and 471 of the Internal Revenue Code. 

Need for Correction 

As published on January 5, 2021 (86 

FR 254), the final regulations (TD 9942) 

contain errors that need to be corrected. 

In addition, a correction to Example 1 

in § 1.263A–4(a)(5)(iii) is being made to 

conform to the statutory amendments 

made to section 263A by section 13102 

of Public Law 115–97 (131 Stat. 2054), 

commonly referred to as the Tax Cuts 

and Jobs Act. 

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 amendments: 

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 1.263A–0 is amended 

by adding the entries for § 1.263A– 

1(m)(1) through (5) to read as follows: 

§ 1.263A–0 Outline of regulations under 

section 263A. 

* * * * * 

§ 1.263A–1 Uniform Capitalization of Costs 

* * * * * 

(m) * * * 

(1) In general. 

(2) Mixed service costs; selfconstructed tangible personal property 

produced on a routine and repetitive 

basis. 

(3) Costs allocable to property sold; 

indirect costs; licensing and franchise 

costs. 

(4) Materials and supplies. 

(5) Definitions of section 471 costs 

and additional section 263A costs. 

* * * * * 


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32186 Federal Register / Vol. 86, No. 115 / Thursday, June 17, 2021 / Rules and Regulations 

§ 1.263A–4 [Amended] 

■ Par. 3. Section 1.263A–4 is amended 

by: 

■ 1. Removing the language ‘‘(a)(4)’’ 

from the first sentence of paragraph 

(a)(1) and adding ‘‘(a)(5)’’ in its place, 

■ 2. Adding the language ‘‘(a)(3)’’ to the 

first sentence of paragraph (a)(4), after 

the language ‘‘(a)(2),’’, 

■ 3. Removing the language ‘‘(a)(4)’’ 

from paragraph (a)(5)(iii) and adding 

‘‘(a)(5)’’ in its place, and 

■ 4. Removing the last sentence of 

paragraph (a)(5)(iii) Example 1. 

■ Par. 4. Section 1.263A–15 is amended 

by adding paragraph (a)(5) to read as 

follows: 

§ 1.263A–15 Effective dates, transitional 

rules, and anti-abuse rule. 

(a) * * * 

(5) The last sentence of each of 

§ 1.263A–8(a)(1) and § 1.263A–9(e)(2) 

apply to taxable years beginning on or 

after January 5, 2021. However, for a 

taxable year beginning after December 

31, 2017, and before January 5, 2021, a 

taxpayer may apply the last sentence of 

each of § 1.263A–8(a)(1) and § 1.263A– 

9(e)(2), provided that the taxpayer 

follows all the applicable rules 

contained in the regulations under 

section 263A for such taxable year and 

all subsequent taxable years. 

* * * * * 

§ 1.448–2 [Amended] 

■ Par. 5. Section 1.448–2 is amended by 

removing the language ‘‘(g)(3)’’ from the 

sixth sentence of paragraph (g)(1) and 

adding ‘‘(g)’’ in its place. 

■ Par. 6. Section 1.460–0 is amended by 

revising the entry for § 1.460–3(b)(3) and 

adding entry (b)(3)(iii) to read as 

follows: 

§ 1.460–0 Outline of regulations under 

section 460. 

* * * * * 

§ 1.460–3 Long-term construction 

contracts. 

* * * * * 

(b) * * * 

(3) Gross receipts test. 

* * * * * 

(iii) Method of accounting. 

* * * * * 

§ 1.460–3 [Amended] 

■ Par. 7. Section 1.460–3 is amended by 

removing the language ‘‘Example’’ from 

the heading of paragraph (b)(3)((ii)(D) 

and adding ‘‘Examples’’ in its place. 

■ Par. 8. Section 1.460–6 is amended by 

revising the second sentence of 

paragraph (c)(3)(vi) to read as follows: 

§ 1.460–6 Look-back method. 

* * * * * 

(c) * * * 

(3) * * * 

(vi) * * * Thus, the taxes, if any, 

imposed under sections 55 and 59A 

(relating to alternative and base erosion 

minimum tax, respectively) must be 

taken into account.* * * 

* * * * * 

Crystal Pemberton, 

Senior Federal Register Liaison, Legal 

Processing Division, Associate Chief Counsel, 

(Procedure and Administration). 

[FR Doc. 2021–12550 Filed 6–16–21; 8:45 am] 

BILLING CODE 4830–01–P 

DEPARTMENT OF THE TREASURY 

Alcohol and Tobacco Tax and Trade 

Bureau 

27 CFR Part 9 

[Docket No. TTB–2020–0004; T.D. TTB–167; 

Ref: Notice No. 189] 

RIN 1513–AC57 

Establishment of the White Bluffs 

Viticultural Area 

AGENCY: Alcohol and Tobacco Tax and 

Trade Bureau, Treasury. 

ACTION: Final rule; Treasury decision. 

SUMMARY: The Alcohol and Tobacco Tax 

and Trade Bureau (TTB) establishes the 

93,738-acre ‘‘White Bluffs’’ viticultural 

area in Franklin County, Washington. 

The White Bluffs viticultural area is 

located entirely within the existing 

Columbia Valley viticultural area. TTB 

designates viticultural areas to allow 

vintners to better describe the origin of 

their wines and to allow consumers to 

better identify wines they may 

purchase. 

DATES: This final rule is effective July 

19, 2021. 

FOR FURTHER INFORMATION CONTACT: 

Karen A. Thornton, Regulations and 

Rulings Division, Alcohol and Tobacco 

Tax and Trade Bureau, 1310 G Street 

NW, Box 12, Washington, DC 20005; 

phone 202–453–1039, ext. 175. 

SUPPLEMENTARY INFORMATION: 

Background on Viticultural Areas 

TTB Authority 

Section 105(e) of the Federal Alcohol 

Administration Act (FAA Act), 27 

U.S.C. 205(e), authorizes the Secretary 

of the Treasury to prescribe regulations 

for the labeling of wine, distilled spirits, 

and malt beverages. The FAA Act 

provides that these regulations should, 

among other things, prohibit consumer 

deception and the use of misleading 

statements on labels and ensure that 

labels provide the consumer with 

adequate information as to the identity 

and quality of the product. The Alcohol 

and Tobacco Tax and Trade Bureau 

(TTB) administers the FAA Act 

pursuant to section 1111(d) of the 

Homeland Security Act of 2002, 

codified at 6 U.S.C. 531(d). The 

Secretary has delegated the functions 

and duties in the administration and 

enforcement of these provisions to the 

TTB Administrator through Treasury 

Order 120–01, dated December 10, 2013 

(superseding Treasury Order 120–01, 

dated January 24, 2003). 

Part 4 of the TTB regulations (27 CFR 

part 4) authorizes TTB to establish 

definitive viticultural areas and regulate 

the use of their names as appellations of 

origin on wine labels and in wine 

advertisements. Part 9 of the TTB 

regulations (27 CFR part 9) sets forth 

standards for the preparation and 

submission to TTB of petitions for the 

establishment or modification of 

American viticultural areas (AVAs) and 

lists the approved AVAs. 

Definition 

Section 4.25(e)(1)(i) of the TTB 

regulations (27 CFR 4.25(e)(1)(i)) defines 

a viticultural area for American wine as 

a delimited grape-growing region having 

distinguishing features, as described in 

part 9 of the regulations, and a name 

and a delineated boundary, as 

established in part 9 of the regulations. 

These designations allow vintners and 

consumers to attribute a given quality, 

reputation, or other characteristic of a 

wine made from grapes grown in an area 

to the wine’s geographic origin. The 

establishment of AVAs allows vintners 

to describe more accurately the origin of 

their wines to consumers and helps 

consumers to identify wines they may 

purchase. Establishment of an AVA is 

neither an approval nor an endorsement 

by TTB of the wine produced in that 

area. 

Requirements 

Section 4.25(e)(2) of the TTB 

regulations (27 CFR 4.25(e)(2)) outlines 

the procedure for proposing an AVA 

and provides that any interested party 

may petition TTB to establish a grapegrowing region as an AVA. Section 9.12 

of the TTB regulations (27 CFR 9.12) 

prescribes standards for petitions for the 

establishment or modification of AVAs. 

Petitions to establish an AVA must 

include the following: 

• Evidence that the area within the 

proposed AVA boundary is nationally 

or locally known by the AVA name 

specified in the petition; 


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