In the Rules and Regulations portion of this issue of the Federal Register, the IRS is issuing temporary regulations relating to the assumption of liabilities in certain corporate transactions under section 301 of the Internal Revenue Code. The temporary regulations affect corporations and their shareholders. The text of those temporary

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In proposed rule document 0126566 beginning on page 53555 in the issue of Tuesday, October 23, 2001, make the following correction: Sec. 1.414 (v)1 [Corrected]

On page 53562, in the second column, in Sec. 1.414(v)1 (g)(1), in the fourth line, ``includable'' should read, ``includible''.

On the same page, in

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document changes the date of the public hearing on the proposed regulations under section 6049 that provide guidance on the reporting requirements for interest on deposits maintained at the U.S. office of certain financial institutions and paid to nonresident alien individuals. It also reopens the period to submit public comments and outlines

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed regulations that address certain issues concerning the agent for an affiliated group when the common parent ceases to be the common parent, as well as questions concerning the scope of the common parent's authority.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations that define the term statutory merger or consolidation as that term is used in section 368(a)(1)(A). The proposed regulations permit certain transactions involving entities that are disregarded as entities separate from their corporate owners for Federal tax purposes to qualify as a statutory merger or

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to final regulations (TD 8881) which were published in the Federal Register on Monday, May 22, 2000 (65 FR 32152). The final regulations relate to withholding of tax on certain U.S. source income paid to foreign persons and related requirements governing the collection, deposit, refunds, and credits of withheld

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations relating to a qualified subchapter S trust election for testamentary trusts under section 1361 of the Internal Revenue Code. The Small Business Job Protection Act of 1996 and the Taxpayer Relief Act of 1997 made changes to the applicable law. These proposed regulations affect S corporations and their

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document withdraws two notices of proposed rulemaking, one relating to corporations filing consolidated income tax returns and the other relating to collapsible corporations. The proposed regulations were published before the enactment of the Internal Revenue Code of 1986, do not reflect changes to the tax law made after their publication,

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on 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.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

In the rules and regulations portion of this issue of the Federal Register, the IRS is issuing temporary regulations relating to the filing of an application for a tentative carryback adjustment by a consolidated group and by certain new members of a consolidated group. The text of those temporary regulations also serves as the text of these

DEPARTMENT OF THE TREASURY : Internal Revenue Service

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