This document corrects a withdrawal of notice of proposed rulemaking and notice of proposed rulemaking (REG20825490 and REG 13648104) that was published in the Federal Register on Friday, August 6, 2004 (69 FR 47816), that contains new proposed rules that describe the proper basis for determining the source of compensation from labor or personal

DEPARTMENT OF THE TREASURY : Internal Revenue Service

In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations that provide guidance on the definition and effects of a prohibited allocation under section 409(p), identification of disqualified persons and determination of a nonallocation year, calculation of synthetic equity under section

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains amendments to temporary regulations for the new markets tax credit under section 45D. The regulations revise and clarify certain aspects of those regulations and affect a taxpayer making a qualified equity investment in a qualified community development entity that has received a new markets tax credit allocation. The text

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations on the definition of solid waste disposal facilities for purposes of the rules applicable to taxexempt bonds issued by State and local governments. These regulations provide guidance to State and local governments that issue taxexempt bonds to finance solid waste disposal facilities and to taxpayers that

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document withdraws the notice of proposed rulemaking published on March 12, 1991 (the 1991 proposed regulations), relating to the allocation and apportionment of charitable deductions. In addition, in the Rules and Regulations section of this issue of the Federal Register, the Treasury Department and the IRS are issuing temporary regulations

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to final regulations (TD 9137) that were published in the Federal Register on Friday, July 16, 2004 (69 FR 42551) relating to partnership transactions involving contracts accounted for under a longterm contract method of accounting.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains regulations relating to a change in computing depreciation or amortization as well as a change from a nondepreciable or nonamortizable asset to a depreciable or amortizable asset (or vice versa). Specifically, these regulations provide guidance to any taxpayer that makes a change in depreciation or amortization on whether

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides final regulations to facilitate electronic filing of returns prepared by tax return preparers. They provide that preparers may avoid paper copies by retaining and furnishing to taxpayers copies of returns in an electronic or digital format prescribed by the Commissioner.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains amendments to regulations under sections 263A and 448 of the Internal Revenue Code. The amendments apply to taxpayers changing a method of accounting under the regulations and are necessary to conform the rules governing those changes to the rules provided in general guidance issued by the IRS for changing a method of

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In proposed rule document 0415964 beginning on page 42370 in the issue of Thursday, July 15, 2004, make the following correction: Sec. 1.10451 [Corrected]

1. On page 42376, in the third column, in paragraph (f), in the last line, ``Sec. 601.601(d)(2)(ii)(b)'' should read,

``Sec. 601.601(d)(2)(ii)(b)''.

2. On page 42377, in

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document cancels a public hearing on proposed regulations under section 951(a) of the Internal Revenue Code (Code) that provide 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 investment in less developed

DEPARTMENT OF THE TREASURY : Internal Revenue Service

In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations providing that a Form 5472 that is timely filed electronically is treated as satisfying the requirement timely to file a duplicate Form 5472 with the Internal Revenue Service
[[Page 5941]]
Center in Philadelphia, Pennsylvania. This

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations under section 1502 providing guidance regarding the determination of basis in the stock of the former common parent following a group structure change. These final regulations affect corporations filing consolidated returns.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed rulemaking relating to qualified zone academy bonds and the obligations of States and political subdivisions.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains temporary regulations under section 1502 that provide guidance regarding the treatment of certain losses available to acquired subsidiaries as a result of an election made under the section 1502 regulations. The text of these temporary regulations also serves as the text of the proposed regulations set forth in the notice of

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a correction to proposed regulations which were published in the Federal Register on Friday, November 26, 2004 (69 FR 68838). The proposed regulations relates to the treatment of transactions between a partnership and its partners as disguised sales of partnership interests between the partners.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document provides notice of cancellation of a public hearing on proposed rulemaking relating to transfers to provide for satisfaction of contested liabilities.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations relating to the proper timing and source of income from fees received to induce taxpayers to become the holders of noneconomic residual interests in Real Estate Mortgage Investment Conduits (REMICs).

DEPARTMENT OF THE TREASURY : Internal Revenue Service

In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations under section 179 of the Internal Revenue Code relating to the election to expense the cost of property subject to section 179. The temporary regulations reflect changes to the law made by the Jobs and Growth Tax Relief

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a final regulation providing that a Form 5472 that is timely filed electronically is treated as satisfying the requirement timely to file a duplicate Form 5472 with the Internal Revenue Service Center in Philadelphia, Pennsylvania. This action is necessary to clarify how the duplicate filing requirements for Form 5472 apply

DEPARTMENT OF THE TREASURY : Internal Revenue Service