Classification of Certain Transactions Involving Computer

Official source: Federal Register (GovInfo) (https://www.govinfo.gov/content/pkg/FR-1998-11-24/pdf/98-31285.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

64868 Federal Register / Vol. 63, No. 226 / Tuesday, November 24, 1998 / Rules and Regulations

Correction

In rule FR Doc. 98–25210 published on Thursday, September 24, 1998 (63 FR 51204), make the following corrections:

On page 51206, in the third column, second line from the bottom, ‘‘parties’’ should read ‘‘party’s’’.
On page 51209, in the first column, in the ninth line from the top, ‘‘of’’ should read ‘‘for’’.
On page 51210, in the first column, sixth line from the bottom, insert the words ‘‘of the’’ between the words ‘‘Part 2’’ and ‘‘investigative files.’’
On page 51216, in the first column, the fourth paragraph, second line, ‘‘$28’’ should read ‘‘$29’’; in the same paragraph, in the third line from the end of the paragraph, ‘‘$4’’ should read ‘‘$5’’.

Issued in Washington, D.C. on November 10, 1998. Anthony Fainberg, Director, Office of Civil Aviation Security Policy and Planning.

[FR Doc. 98–31377 Filed 11–23–98; 8:45 am]

BILLING CODE 4910–13–M

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 8785]

RIN 1545–AU70

Classification of Certain Transactions Involving Computer Programs; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

SUMMARY: This document contains a correction to Treasury Decision 8785, which was published in the Federal Register on Friday, October 2, 1998 (63 FR 52971) relating to the tax treatment of certain transactions involving the transfer of computer programs.

DATES: This correction is effective October 2, 1998.

FOR FURTHER INFORMATION CONTACT: Anne Shelburne, (202) 874–1305 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

The final regulations that are the subject of this correction are under section 861 of the Internal Revenue Code.

Need for Correction

As published, TD 8785 contains errors which may prove to be misleading and are in need of clarification.

Correction of Publication

Accordingly, the publication of the final regulations (TD 8785), which were the subject of FR Doc. 98–26475, is corrected as follows:

On page 52971, column 1, in the preamble under the caption heading FOR FURTHER INFORMATION CONTACT, line 1, the language ‘‘Anne Shelburne, (202) 622–3880 (not a’’ is corrected to read ‘‘Anne Shelburne, (202) 874–1305 (not a’’.
On page 52975, column 3, in the preamble under the paragraph heading ‘‘ 8. Services and Know-How ’’, second paragraph, lines 21 through 25, the language ‘‘secret protection. Know-how is considered a property interest under applicable law, and only if the knowhow is specifically contracted for between the parties. These additional’’ is corrected to read ‘‘secret protection. These additional’’.

§ 1.861–18 [Corrected] 3. On page 52982, column 1, § 1.861– 18(i)(4) Example 1, line three from the bottom of the paragraph, the language ‘‘A is not required to change from its accrual’’ is corrected to read ‘‘A is not required to change from its’’.

On page 52982, column 2, § 1.861– 18(i)(4) Example 2, line five from the bottom of the paragraph, the language ‘‘A is not required to change from its accrual’’ is corrected to read ‘‘A is not required to change from its’’. Cynthia E. Grigsby, Chief, Regulations Unit, Assistant Chief Counsel (Corporate).

[FR Doc. 98–31285 Filed 11–23–98; 8:45 am]

BILLING CODE 4830–01–U

DEPARTMENT OF TRANSPORTATION

Coast Guard

33 CFR Part 117

[CGD05–98–097]

Drawbridge Operation Regulations; New Jersey Intracoastal Waterway; Grassy Sound Channel

AGENCY: Coast Guard, DOT.

ACTION: Notice of temporary deviation from regulations.

SUMMARY: The Commander, Fifth Coast Guard District has issued a temporary deviation from the regulations

governing the operation of the Route 47 (George A. Reading) Bridge across the Intracoastal Waterway (ICW), mile 108.9, in Wildwood, New Jersey. Beginning at 7 a.m. on December 4, through 7 a.m. on December 6, 1998, the bridge will be maintained in the closed position. This closure is necessary to facilitate demolition and reconstruction of the bridge’s bascule span.

DATES: This deviation is effective from 7 a.m. on December 4, 1998 until 7 a.m. on December 6, 1998.

FOR FURTHER INFORMATION CONTACT:

Ann B. Deaton, Bridge Administrator, Fifth Coast Guard District, at (757) 398– 6222.

SUPPLEMENTARY INFORMATION: On October 9, 1998, the Coast Guard published a Temporary Final Rule entitled ‘‘Drawbridge Operation Regulations; New Jersey Intracoastal Waterway; Grassy Sound Channel’’ in the Federal Register (63 FR 54353). That regulation, effective from October 19, 1998 to 5 p.m. on May 14, 1999, requires two-hours advance notice for bridge openings 24 hours a day to allow the contractor to facilitate sandblasting and painting operations.

On November 4, 1998, a letter was forwarded to the Coast Guard by the contractor requesting a temporary deviation from the current operation of the bridge. The proposed bridge work will involve the demolition and reconstruction of the bridge deck and superstructure, thereby immobilizing the operation of the bascule span entirely. Additionally, tugboats, cranes, and barges positioned at the site may impede vessel traffic that could pass under the bridge.

The Coast Guard has informed the known commercial users of the waterway of the bridge closure so that these vessels can arrange their transits to avoid being negatively impacted by the temporary deviation.

From 7 a.m. on December 4, until 7 a.m. on December 6, 1998, this deviation allows the Route 47 (George A. Reading) Bridge across Grassy Sound Channel, ICW mile 108.9 at Wildwood, to remain closed.

Dated: November 13, 1998.

Roger T. Rufe, Jr.,

Vice Admiral, U.S. Coast Guard Commander, Fifth Coast Guard District.

[FR Doc. 98–31373 Filed 11–23–98; 8:45 am]

BILLING CODE 4910–15–M