REVENUE RULE 92-63A

1992-2 C.B. 196, 1992-36 I.R.B. 13.

Internal Revenue Service
Revenue Ruling

FOREIGN TAX CREDIT

Published: September 8, 1992

Foreign tax credit. This ruling correct the typographical error in Rev. Rul. 92-63, page 195, this Bulletin, by substituting South Africa for South Korea in the list of countries subject to section 901(j) of the Code for the periods listed.

PURPOSE

Rev.Rul. 92-63, 1992-33 I.R.B. 7, dated August 17, 1992, contains a typographical error. In listing the countries subject to section 901(j) of the Internal Revenue Code, the revenue ruling incorrectly listed South Korea instead of South Africa. This revenue ruling corrects that typographical error. Accordingly, that paragraph will now read as follows:

HOLDING AND EFFECTIVE DATES

Section 901(j) of the Code describes these countries for the following periods:

Country Starting Date Ending Date
Afghanistan January 1, 1987 still in effect
Albania January 1, 1987 March 15 1991
Angola January 1, 1987 still in effect
Cambodia January 1,1987 still in effect
Cuba January 1,1987 still in effect
Iran January 1,1987 still in effect
Iraq February 1, 1991 still in effect
Libya January 1, 1987 still in effect
North Korea January 1, 1987 still in effect
South Africa January 1, 1988 July 10, 1991
Syria January 1, 1987 still in effect
Vietnam January 1, 1987 still in effect
People's Democratic Republic of Yemen January 1, 1987 May 22, 1990

Rev. Rul. 92-63A, 1992-2 C.B. 196, 1992-36 I.R.B. 13.