Paragraph 1. The authority citation
for part 1 continues to read in part as follows:
Authority: 26 USC 7805 * * *
1. Section 1.6664-2T(c)(3)(i)(B) is amended by removing “of an
activity” and adding “for an activity” in its place.
2. Section 1.6664-2T(c)(3)(ii)(A) is amended by removing “§1.6664-2(c)(3)(i)”
and adding “§1.6664-2T(c)(3)(i)” in its place.
3. Section 1.6664-2T(c)(3)(ii)(C) is amended by removing “who
is a material advisor (within the meaning of section 6111)” and adding
“from any person who gave the taxpayer material aid, assistance, or
advice as described in section 6111(b)(1)(A)(i)” in its place.
4. Section §1.6664-2T(c)(5) Example 3., is
redesignated as §1.6664-2T(c)(5) Example 3 (i).
5. Newly designated §1.6664-2T(c)(5) Example 3.
(i) is amended by removing “2003” and adding “2004”
each place it appears.
6. The undesignated text in §1.6664-2T(c)(5) Example
3. is designated as §1.6664-2T(c)(5) Example 3.
(ii).
7. Section 1.6664-2T(c)(5) Example 4., the first
sentence is amended by removing “2003” and adding “2004”
in its place.
8. Section 1.6664-2T(c)(5) Example 7., is redesignated
as §1.6664-2T(c)(5) Example 7. (i).
9. The undesignated text in §1.6664-2T(c)(5) Example
7. is designated as §1.6664-2T(c)(5) Example 7.
(ii).
Cynthia E. Grigsby,
Acting
Chief, Publications and Regulations Branch,
Legal Processing
Division,
Associate Chief Counsel
(Procedure
and Administration).
Note
(Filed by the Office of the Federal Register on June 22, 2005, 8:45
a.m., and published in the issue of the Federal Register for June 23, 2005,
70 F.R. 36344)
