This document contains a correction to notice of proposed rulemaking (REG10618698) which was published in the Federal Register on Thursday, November 15, 2001 (66 FR 57400). This regulation relates to the withdrawal of proposed regulations relating to certain corporate reorganizations involving disregarded entities.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to final and temporary regulations that were published in the Federal Register on Wednesday, January 3, 2001 (66 FR 268) relating to the section 864(e)(5) and (6) rules on affiliated group interest and other expense allocation and other expense allocation and apportionment and to the section 904(d) foreign tax

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations that would provide guidance concerning the requirements for retirement plans providing catchup contributions to individuals age 50 or older pursuant to the provisions of section 414(v). These proposed regulations would affect section 401(k) plans, section 408(p) SIMPLE IRA plans, section 408(k)

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document proposes amendments relating to the consolidated return regulations dealing with the nonapplicability of section 357(c) in a consolidated group. The proposed amendments clarify that, in certain transfers described in section 351 between members of a consolidated group, a transferee's assumption of certain liabilities described in

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations relating to the filing of application for a tentative carryback adjustment in a consolidated return context.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

On July 18, 1995, the Treasury and the IRS published final regulations governing the intercompany transaction system of the consolidated return regulations. Those regulations state that the timing rules of the intercompany transaction system are a method of accounting. At the time of the publication of those regulations, no amendment was made to

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations relating to the filing of an application for a tentative carryback adjustment. These regulations provide guidance as to the time for filing such application by a consolidated group and by certain corporations for the separate return year created by their becoming a member of a consolidated group. These

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a correction to a notice of proposed rulemaking that was published in the Federal Register on Tuesday, February 27, 2001 (66 FR 12445), relating to treaty guidance regarding payments with respect to domestic reverse hybrid entities.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document finalizes regulations that modify the application
[[Page 1035]]
of the rules governing the character of certain distributions from a charitable remainder trust. These regulations are necessary to prevent taxpayers from using charitable remainder trusts to achieve inappropriate tax avoidance. The regulations affect charitable

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to final regulations that were published in the Federal Register on October 17, 2001 (66 FR 52675). These regulations relate to cafeteria plans that reflect changes made by the Family and Medical Leave Act of 1993 (Act).

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In rule document 017934 beginning on page 17362 in the issue of Friday, March 30, 2001, make the following correction:

On page 17363, in the table under the column heading ``Add'', in the second line, ``Sec. 1.338&2(c)(17)'' is corrected to read ``Sec. 1.3382(c)(17)''.
[FR Doc.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations to narrow the definition of the term disqualified person for section 1031 likekind exchanges. The regulations are in response to recent changes in the federal banking law, especially the repeal of section 20 of the Glass Steagall Act of 1933. The regulations will affect the eligibility of certain persons

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations under section 894 of the Internal Revenue Code relating to the eligibility for treaty benefits of items of income paid by domestic entities that are not fiscally transparent under U.S. law but are fiscally transparent under the laws of the jurisdiction of the person claiming treaty benefits (a domestic

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations relating to recognition of gain on certain distributions of stock or securities of a controlled corporation in connection with an acquisition. Changes to the applicable law were made by the Taxpayer Relief Act of 1997. These proposed regulations affect corporations and are necessary to provide them with

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final Income Tax Regulations relating to the minimum cost requirement under section 420, which permits the transfer of excess assets of a defined benefit pension plan to a retiree health account. Pursuant to section 420(c)(3)(E), these regulations provide that an employer who significantly reduces retiree health coverage

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document changes the date of the public hearing on the proposed regulations under sections 863(a)(d) and (e) governing the source of income from certain communications activities. It also extends the time to submit outlines of oral comments for the hearing.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations concerning section 467 rental agreements. The regulations provide amendments to the regulations under section 467, including the removal of the exception to constant rental accrual for rental agreements involving payments of $2,000,000 or less. The regulations affect taxpayers that are parties to a section

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations relating to the tax treatment of certain redemptions, during marriage or incident to divorce, of stock owned by a spouse or former spouse.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document invites comments from the public on issues that the IRS may address in regulations relating to the new markets tax credit under section 45D. A taxpayer that makes a qualified equity investment in a qualified community development entity that has received a new markets tax credit allocation may claim a 5percent credit for each of the

DEPARTMENT OF THE TREASURY : Veterans Affairs Department

This document contains proposed regulations on the taxable year of a partnership with foreign partners. The proposed regulations affect partnerships and their partners. This document also contains a notice of public hearing on these proposed regulations.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to REG-106702-00 which [[Page 12449]]
was published in the Federal Register on Wednesday, January 3, 2001 (66 FR 315). These regulations relate to special rules on determination of basis of partner's interest under section 705 of the Internal Revenue Code.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations concerning when a currency will be considered hyperinflationary for purposes of section 988. These final regulations are intended to prevent distortions associated with the computation of income and expense arising from section 988 transactions denominated in hyperinflationary currencies.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations relating to the aggregation of stock ownership in a corporation of members of a consolidated group. These regulations reflect a technical correction enacted in section 311(c) of the Community Renewal Tax Relief Act of 2000, that, in substance, provides that the special aggregate stock ownership rules shall

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In proposed rule document 0028950 beginning on page 69138 in the issue of Wednesday, November 15, 2000, make the following corrections: Sec. 1.367(b)7 [Corrected]

1. On page 69158, in Sec. 1.367(b)7(e)(2)(iv), Example 2(i) Facts., in the first table, in the column titled ``E&P'', ``(200u)'' should read ``200u''.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed Income Tax Regulations relating to the minimum cost requirement under section 420, which permits the transfer of excess assets of a defined benefit pension plan to a retiree health account. Pursuant to section 420(c)(3)(E), these proposed regulations provide that an employer who significantly reduces retiree health

DEPARTMENT OF THE TREASURY : Internal Revenue Service