# Application of Section 338 to Insurance Companies; Correction
> **IRS** · Correcting amendment. · Published 2006-05-09 · Effective 2006-04-10 · 71 FR 26826
## Document
- **Document number:** 06-4272
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 71 FR 26826
- **CFR reference:** 26 CFR 1
- **Publication date:** 2006-05-09
- **Effective date:** 2006-04-10
- **Treasury docket:** TD 9257
## Abstract

This document corrects final and temporary regulations (TD 9257) that were published in the Federal Register on Monday, April 10, 2006 (71 FR 17990) applying to a deemed sale or acquisition of an insurance company's assets pursuant to an election under section 338 of the Internal Revenue Code, to a sale or acquisition of an insurance trade or business subject to section 1060, and to the acquisition of insurance contracts through assumption reinsurance.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2006/05/09/06-4272/application-of-section-338-to-insurance-companies-correction)
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