Td 8578

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Treasury Decisions
Copyright 2007 LexisNexis Group, All Rights Reserved
Rules and Regulations
DEPARTMENT OF THE TREASURY
Internal Revenue Service (IRS)
26 CFR Part 1
60 FR 11028 ; RIN 1545-AP23
Election Out of Subchapter K for Producers of Natural Gas; Correction
T.D. 8578
DATE: March 1, 1995
SUMMARY: This document contains a correction to final regulations [TD 8578] which was published in the Federal
Register for Friday, December 23, 1994 (59 FR 66181). The final regulations provide that the co-producers under a
joint operating agreement must use one of two permissible methods described in the regulations in reporting income
from gas sales and certain related deductions and credits.
EFFECTIVE DATE: January 1, 1995.
FOR FURTHER INFORMATION CONTACT: Grace Kim, (202) 622-3060 (not a toll-free number).

SUPPLEMENTARY INFORMATION:
Background
The final regulations that are the subject of this correction are under section 761 of the Internal Revenue Code.
Need for Correction
As published, TD 8578 contains a typographical error that is in need of correction.
Correction of Publication
Accordingly, the publication of the final regulations which is the subject of FR Doc. 94-31291, is corrected as
follows:

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T.D. 8578

On page 66183, column 2, § 1.761-2, paragraph (d)(2)(i), ninth line from the bottom of the paragraph, regulation
section "§ 1.4461(e)(3)" is corrected to read "§ 1.446-1(e)(3)".
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 95-4902 Filed 2-28-95; 8:45 am]
BILLING CODE 4830-01-P

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DENNIS, KERRY
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