IRS Corrects Final Regs on State and Local Tax Credits

Contributions in Exchange for State or Local Tax Credits; Correction

[4830-01-p]

DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Part 1

Treasury Decision 9864

RIN 1545-BO89

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Final regulations; correction.

SUMMARY: This document contains a correction to final regulations under section 170 of the Internal Revenue Code (TD 9864) that were published in the Federal Register on Thursday, June 13, 2019.

DATES: Effective date: These regulations are effective August 12, 2019.

Applicability date: June 13, 2019.

FOR FURTHER INFORMATION CONTACT: Mon L. Lam or Richard C. Gano IV at (202) 317-4059 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

The final regulations (TD 9864) that are the subject of this correction are issued under section 170 of the Internal Revenue Code.

Need for Correction

As published, June 13, 2019 (84 FR 27513) the final regulations (TD 9864), contain an error that need to be corrected.

Correction to Publication

Accordingly, the final regulations (TD 9864), that are the subject of FR Doc. 2019-12418, are corrected as follows:

On page 27514, in the third column, in the first full paragraph, in the nineteenth line "2019-27 I.R.B.," is corrected to read "2019-27 I.R.B. 57,".

Martin V. Franks
Chief
Publications and Regulations Branch
Legal Processing Division
Associate Chief Counsel
(Procedure and Administration)

[FR Doc. 2019-16496 Filed: 8/1/2019 8:45 am; Publication Date: 8/2/2019]