This document withdraws proposed regulations amending the income tax regulations. This action is taken to remove from the IRS' inventory of regulations projects certain proposed regulations that will not be published in final form because under a subsequent amendment the underlying statute does not apply to taxable years beginning after December

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations relating to the treatment of nonqualified preferred stock and other preferred stock in certain exchanges and distributions under section 356 of the Internal Revenue Code.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations addressing transactions described in section 367(b) of the Internal Revenue Code (section 367(b) transactions). A section 367(b) transaction includes a corporate reorganization, liquidation, or division involving one or more foreign corporations. The proposed regulations address the carryover of certain

DEPARTMENT OF THE TREASURY : Treasury Department

This document contains a correction to Treasury Decision 8883, which was published in the Federal Register on Tuesday, May 16, 2000 (65 FR 31073), which provides guidance under section 1032 of the Internal Revenue Code, relating to the treatment of a disposition by an acquiring entity of the stock of a corporation in a taxable transaction.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations relating to the Federal income tax treatment of qualified zone academy bonds. These regulations provide guidance to State and local governments that issue qualified zone academy bonds and to banks, insurance companies and other taxpayers that hold those bonds. These regulations make final certain temporary

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations defining the term grantor for purposes of part I of subchapter J, chapter 1 of the Internal Revenue Code. These regulations provide necessary guidance in determining who is the grantor of a trust in applying those Code sections. These regulations affect trusts and any person creating or funding a trust.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations which contain proposed amendments conforming regulations relating to delay rental to the requirements of section 263A, relating to capitalization and inclusion in inventory of costs of certain expenses.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to a notice of proposed rulemaking and notice of public hearing that was published in the Federal Register on Monday, August 7, 2000 (65 FR 48185) relating to transfers of property by U.S. persons to foreign trusts having one or more United States beneficiaries.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document eliminates the regulatory requirement that the issuer of a collateralized debt obligation (CDO) or regular interest in a real estate mortgage investment conduit (REMIC) set forth certain information on the face of the CDO or regular interest. This action eliminates a reporting burden imposed on issuers of CDOs and regular interests.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations regarding the agent for an affiliated group that files a consolidated return (consolidated group). The proposed regulations address certain issues raised by the current regulations concerning the agent for the group when the common parent ceases to be the common parent, as well as questions concerning

DEPARTMENT OF TREASURY : Internal Revenue Service

This document cancels the public hearing on proposed regulations on the tax consequences of partnership mergers and divisions.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations relating to the allocation of basis adjustments among partnership assets under section 755.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations relating to the application of section 263A of the Internal Revenue Code to property produced in the trade or business of farming. These regulations also provide guidance regarding the election available to certain taxpayers to not have section 263A apply to any plant produced by the electing taxpayers in

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to Treasury Decision 8862, which was published in the Federal Register on Monday, January 24, 2000 [[Page 66501]]
(65 FR 3589). The corrections relate to the stock transfer rules under section 367(b).

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a notice of public hearing on proposed regulations describing the appropriate basis for determining the source of income from labor or personal services performed partly within and partly without the United States.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

A notice of proposed rulemaking and notice of proposed rulemaking by crossreference to temporary regulations published in the Federal Register on March 26, 1998, providing guidance under subpart F relating to partnerships and branches, were withdrawn by a notice of proposed rulemaking published in the Federal Register on July 13, 1999. This

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations relating to hyperinflationary currency for purposes of section 988.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains temporary regulations amending the temporary regulations under section 444 of the Internal Revenue Code (Code) relating to the election of a taxable year other than the required taxable year. The temporary regulations provide that solely with respect to an S corporation shareholder, an electing small business trust (ESBT)

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations regarding certain credits of corporations that become members of a consolidated group. The regulations provide rules for computing the limitation with respect to certain credits earned in a separate return limitation year (SRLY) and the carryover and carryback of those credits to consolidated and separate

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations relating to the allocation of nonrecourse liabilities by a partnership. The final regulations revise tier three of the threetiered allocation structure contained in the current nonrecourse liability regulations, and also provide guidance regarding the allocation of a single nonrecourse liability secured by

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations under section 411(d), permitting qualified defined contribution plans to be amended to eliminate some alternative forms in which an account balance can be paid under certain circumstances, and would permit certain transfers between defined contribution plans

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations that permit qualified defined contribution plans to be amended to eliminate some alternative forms in which an account balance can be paid under certain circumstances, and permit certain transfers between defined contribution plans that were not permitted under prior final regulations. These regulations

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations relating to the qualification and treatment of electing small business trusts (ESBTs). The proposed regulations interpret the rules added to the Internal Revenue Code (Code) by section 1302 of the Small Business Job Protection Act of 1996 and section 1601 of the Taxpayer Relief Act of 1997. In addition,

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In rule document 0011901 beginning on page 33753 in the issue of Thursday, May 25, 2000, make the following correction:

Sec. 1.15023 [Corrected]

On page 33756, in the third column, in paragraph (d)(4)(i), 26 lines from the top, ``9(b)(1)(ii), (iii), and (iv)'' should read ``9A(b)(1)(ii), (iii), and (iv)''.
[FR

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a correction to proposed regulations that were published in the Federal Register on Thursday, March 23, 2000 (65 FR 15587) relating to tax treatment of cafeteria plans.

DEPARTMENT OF THE TREASURY : Internal Revenue Service