This document provides notice of cancellation of a public hearing on proposed regulations relating to the allocation and apportionment of charitable deductions.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to final regulations that were published in the Federal Register on January 6, 2004 (69 FR 502) that amend several existing regulations concerning the lowincome housing tax credit.
[[Page 8331]]

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations under section 358 that provide guidance regarding the determination of the basis of stock or securities received in exchange for, or with respect to, stock or securities in certain transactions. These proposed regulations affect shareholders of corporations.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document withdraws a portion of a notice of proposed rulemaking published on January 3, 2001, relating to the application of the foreign tax credit limitation under section 904 and the deemedpaid credit under section 902.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document describes and explains rules that the IRS and Treasury are considering and may propose in a notice of proposed rulemaking regarding the proper timing of income or deduction attributable to an interestonly regular interest in a Real Estate Mortgage Investment Conduit (REMIC). This document also invites comments from the public

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a notice of public hearing on a proposed rulemaking that provide rules permitting distributions to be made from a pension plan under a phased retirement program and set forth requirements for a bona fide phased retirement program.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed amendments to the regulations under section 410(b) of the Internal Revenue Code. The proposed amendments permit, in certain circumstances, employees of a taxexempt organization described in section 501(c)(3) to be excluded for the purpose of testing whether a section 401(k) plan (or a section 401(m) plan that is

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains regulations relating to the capitalization of interest expense incurred in sale and leaseback transactions under the Economic Recovery Tax Act of 1981 (ERTA) safe harbor leasing provisions. The regulations affect taxpayers that provide purchase money obligations in connection with these transactions. The text of the

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains new proposed rules that describe the proper basis for determining the source of compensation from labor or personal services performed partly within and partly without the United States. The new proposed rules will affect individuals that earn compensation from labor or personal services performed partly within and partly

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to notice of proposed rulemaking that were published in the Federal Register on August 6, 2004 (69 FR 47822), providing guidance for determining a United States shareholder's pro rata share of a controlled foreign corporation's (CFC's) subpart F income, previously excluded subpart F income withdrawn from

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains regulations that facilitate the electronic filing of Form 8609, ``LowIncome Housing Credit Allocation Certification.'' The regulations affect taxpayers who file Form 8609.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document corrects a notice of proposed rulemaking; notice of proposed rulemaking by crossreference to temporary regulations; notice of public hearing; and partial withdrawal of proposed regulations (REG10659000, REG13849902) that were published in the Federal Register on Monday, March 1, 2004 (69 FR 9560) relating to the depreciation of

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations under section 1374 that provide for an adjustment to the amount that may be subject to tax under section 1374 in certain cases in which an S corporation acquires assets from a C corporation in an acquisition to which section 1374(d)(8) applies. These proposed regulations provide guidance to certain S

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations regarding LIFO recapture by corporations converting from C corporations to S corporations. The purpose of the proposed regulations is to provide guidance on the LIFO recapture requirement when the corporation holds inventory accounted for under the lastin, firstout (``LIFO'') method (LIFO inventory)

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a notice of public hearing on proposed regulations that would amend Sec. 301.75021(e) to provide that, other than direct proof of actual delivery, a registered or certified mail receipt is the only prima facie evidence of delivery of documents that have a filing deadline prescribed by the internal revenue laws.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public [[Page 8886]]
hearing on the ordering of rules of section 664(b) for characterizing distributions from charitable remainder trusts.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to TD 9118, which was published in the Federal Register on Thursday, March 18, 2004 (69 FR 12799), relating to certain aspects of the temporary regulations addressing the deductibility of losses recognized on dispositions of subsidiary stock by members of a consolidated group and to the consequences of treating

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations relating to the optional 10year writeoff of certain tax preference items under section 59(e) of the Internal Revenue Code (Code). These proposed regulations provide guidance on the time and manner of making an election under section 59(e). The regulations also provide guidance on revoking an election

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations relating to the accrual of original issue discount (OID) on certain real estate mortgage investment conduit (REMIC) regular interests. The proposed regulations are necessary to provide guidance to REMICs, REMIC regular interest holders and information reporters regarding the accrual of OID. This document

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to a notice of proposed rulemaking that was published in the Federal Register on November 10, 2004 (69 FR 65108), providing rules permitting distributions to be made from a pension plan under a phased retirement program and set forth requirements for a bona fide phased retirement program.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains amendments relating to certain aspects of the temporary regulations addressing the deductibility of losses recognized on dispositions of subsidiary stock by members of a consolidated group and to the consequences of treating subsidiary stock as worthless. In addition, this document contains temporary regulations that clarify

DEPARTMENT OF THE TREASURY : Internal Revenue Service

In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing final and temporary regulations relating to the capitalization of interest expense in sale and leaseback transactions under the Economic Recovery Tax Act of 1981 (ERTA) safe harbor leasing provisions. The regulations affect taxpayers that provide

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains regulations that provide rules governing transfers of certain compensatory stock options (nonstatutory stock options). The regulations affect persons who have been granted nonstatutory stock options, as well as service recipients who may be entitled to deductions related to the options.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In rule document 0419478 beginning on page 55743 in the issue of Thursday, September 16, 2004, make the following corrections:

1. On page 55743, in the second column, in the first full paragraph, in the tenth line, ``sect;1.60911(b)'' should read ``Sec. 1.60911(b).''

Sec. 1.60912 [Corrected]

2. On page 55744, in the second

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In rule document 0331900 beginning on page 75128 in the issue of Tuesday, December 30, 2003, make the following correction:

Sec. 1.60114 [Corrected]

On page 75130, in Sec. 1.60114, in the second column, after paragraph (b)(3)(v), add
``* * * * *''
to the end of the paragraph.
[FR Doc. C331900 Filed 12904; 8:45 am]
BILLING CODE

DEPARTMENT OF THE TREASURY : Internal Revenue Service