Beruflich Dokumente
Kultur Dokumente
2004–05–10, are approved as alternative rulemaking by cross reference to and Treasury Department participated
methods of compliance for the corresponding temporary regulations (REG–115472–03) in their development.
requirements of this AD. in the Federal Register, and temporary
List of Subjects in 26 CFR Part 1
Material Incorporated by Reference regulations in TD 9094 (68 FR 63733),
(m) You must use Boeing Alert Service under section 6031 of the Internal Income taxes, Reporting and
Bulletin 767–53A0026, Revision 5, dated Revenue Code (Code). Written recordkeeping requirements.
January 29, 2004, to perform the actions that comments and requests for a public
are required by this AD, unless the AD hearing were solicited. No public Adoption of Amendments to the
specifies otherwise. The Director of the hearing was requested, and no Regulations
Federal Register previously approved the comments were received. Therefore, the
incorporation by reference of this document proposed regulations under section ■ Accordingly, 26 CFR part 1 is amended
on March 22, 2004 (69 FR 10321, March 5, as follows:
6031 are adopted as final regulations
2004). For copies of the service information,
contact Boeing Commercial Airplanes, P.O. without any changes. The temporary
PART 1—INCOME TAXES
Box 3707, Seattle, Washington 98124–2207. regulations are removed.
For information on the availability of this Explanation of Provisions ■ Paragraph 1. The authority citation for
material at the National Archives and part 1 is amended by removing the entry
Records Administration (NARA), call (202) The following is a general explanation
of the provisions in the final for § 1.6031(a)–1T, and revising the entry
741–6030, or go to http://www.archives.gov/
federal_register/code_of_federal_regulations/ regulations, which are the same as the for § 1.6031(a)–1 to read, in part, as
ibr_locations.html. You may view the AD provisions in the temporary regulations. follows:
docket at the Docket Management Facility, The Commissioner may, in published Authority: 26 U.S.C. 7805. * * *
U.S. Department of Transportation, 400 guidance, provide an exception to the Section 1.6031(a)–1 also issued under
Seventh Street SW., room PL–401, Nassif section 404 of the Tax Equity and Fiscal
reporting requirements of section
Building, Washington, DC. Responsibility Act of 1982 (Public Law 97–
6031(a) for partnerships in situations in
248; 96 Stat. 324, 669) (TEFRA). * * *
Issued in Renton, Washington, on January which all or substantially all of the
31, 2005. partnership’s income is derived from
■ Par. 2. Section 1.6031(a)–1 is amended
Kalene C. Yanamura, the holding or disposition of tax-exempt
as follows:
Acting Manager, Transport Airplane obligations (as defined in section
1275(a)(3) and § 1.1275–1(e)) or shares ■ 1. In paragraph (a)(1), the first sentence
Directorate, Aircraft Certification Service.
in a RIC that pays exempt-interest is amended by removing the language
[FR Doc. 05–2578 Filed 2–10–05; 8:45 am]
dividends (as defined in section ‘‘and § 1.6031(a)–1T’’ immediately
BILLING CODE 4910–13–P
852(b)(5)). The exception may be following the language ‘‘of this section’’.
conditioned on substitute reporting and ■ 2. Paragraphs (a)(3)(ii) and (f) are
eligibility and other requirements. In revised to read as follows:
DEPARTMENT OF THE TREASURY
conjunction with issuance of the
temporary regulations, the § 1.6031(a)–1 Return of partnership
Internal Revenue Service income.
Commissioner published Rev. Proc.
26 CFR Part 1 2003–84 (2003–48 I.R.B. 1159), which (a) * * *
provides for an exception to section (3) * * *
[TD 9177] 6031 for specified eligible partnerships.
(ii) The Commissioner may, in
RIN 1545–BC04 Special Analyses guidance published in the Internal
Return of Partnership Income It has been determined that this Revenue Bulletin (see
Treasury decision is not a significant § 601.601(d)(2)(ii)(b) of this chapter),
AGENCY: Internal Revenue Service (IRS), regulatory action as defined in provide for an exception to partnership
Treasury. Executive Order 12866. Therefore, a reporting under section 6031 and for
ACTION: Final regulations and removal of regulatory assessment is not required. It conditions for the exception, if all or
temporary regulations. has also been determined that section substantially all of a partnership’s
553(b) of the Administrative Procedure income is derived from the holding or
SUMMARY: This document contains final disposition of tax-exempt obligations (as
regulations that authorize the Act (5 U.S.C. chapter 5) does not apply
to these regulations. These regulations defined in section 1275(a)(3) and
Commissioner to provide exceptions to § 1.1275–1(e)) or shares in a regulated
the requirements of section 6031(a) of impose no new collection of
information on small entities; therefore investment company (as defined in
the Internal Revenue Code for certain section 851(a)) that pays exempt-interest
partnerships by guidance published in a Regulatory Flexibility Analysis under
the Regulatory Flexibility Act (5 U.S.C. dividends (as defined in section
the Internal Revenue Bulletin. The 852(b)(5)).
regulations adopt the rules of the chapter 6) is not required. Pursuant to
section 7805(f) of the Code, the * * * * *
temporary regulations without any
changes. proposed regulations preceding these (f) Effective dates. This section
regulations were submitted to the Chief applies to taxable years of a partnership
DATES: Effective Date: These regulations Counsel for Advocacy of the Small beginning after December 31, 1999,
are effective November 5, 2003. Business Administration for comment except that—
FOR FURTHER INFORMATION CONTACT: on its impact on small business.
David A. Shulman, (202) 622–3070 (not (1) Paragraph (b)(3) of this section
a toll-free number). Drafting Information applies to taxable years of a foreign
The principal author of these partnership beginning after December
SUPPLEMENTARY INFORMATION:
regulations is David A. Shulman of the 31, 2000; and
Background Office of the Associate Chief Counsel (2) Paragraph (a)(3)(ii) of this section
On November 10, 2003, the IRS and (Passthroughs & Special Industries), IRS. applies to taxable years of a partnership
Treasury published a notice of proposed However, other personnel from the IRS beginning on or after November 5, 2003.
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Federal Register / Vol. 70, No. 28 / Friday, February 11, 2005 / Rules and Regulations 7177
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