This document contains final regulations concerning the application of section 199 of the Internal Revenue Code, which provides a deduction for income attributable to domestic production activities. The final regulations are necessary to provide guidance regarding certain transactions involving online software and to clarify the rules regarding

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to a notice of proposed rulemaking that were published in the Federal Register on Tuesday, January 23, 2007 (72 FR 2964). These regulations apply to corporations filing consolidated returns. The regulations implement aspects of the repeal of the General Utilities doctrine by redetermining members' bases in subsidiary

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a correction to temporary regulations (TD 9330) that were published in the Federal Register on Thursday, June 14, 2007 (72 FR 32792) applying to corporations that have undergone ownership changes within the meaning of section 382. These regulations provide guidance regarding the treatment of prepaid income under the builtin

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to notice of proposed rulemaking that was published in the Federal Register on Monday, August 20, 2007 (72 FR 46421), regarding the tax treatment of payments by qualified plans for medical or accident insurance.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a correction to temporary regulations (TD 9362) that were published in the Federal Register on Wednesday, November 7, 2007 (72 FR 62771) relating to a United States taxpayer's obligation under section 905(c) of the Internal Revenue Code to notify the IRS of a foreign tax redetermination, which is a change in the taxpayer's

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations under sections 871 and 881 of the Internal Revenue Code (Code) relating to the exclusion from gross income of portfolio interest paid to a nonresident alien individual or foreign corporation. These regulations clarify how the portfolio interest rules apply with respect to interest paid to a partnership (or

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final regulations that provide guidance under sections 6038 and 6038A of the Internal Revenue Code (Code). The final regulations clarify the information required to be furnished regarding certain related party transactions of certain foreign corporations and certain foreignowned domestic corporations. The final regulations

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Employee Benefits Cafeteria Plans

Correction

In rule document E714823 appearing on page 41891 in the issue of Wednesday, August 1, 2007, make the following correction:

On page 41891, in the second column, under the SUMMARY heading, in the sixth line ``the < ='' should read ``the ''.
[FR Doc. Z714823 Filed 82307; 8:45 am]
BILLING CODE

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations regarding a withholding agent's obligation to withhold and report tax under Chapter 3 of the Internal Revenue Code when there is a distribution in redemption of stock of a corporation that is actively traded on an established financial market. Specifically, the proposed regulations provide an escrow

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 468A of the Internal Revenue Code relating to deductions for contributions to trusts maintained for decommissioning nuclear power plants. The temporary regulations reflect changes to the law made by the Energy Policy

DEPARTMENT OF THE TREASURY : Internal Revenue Service

Correction

In rule document E622174 beginning on page 77594 in the issue of Wednesday, December 27, 2006, make the following correction: Sec. 1.8639 [Corrected]

On page 77610, in the third column, in Sec. 1.8639(j), in Example 11, in the fourth line, ``canconnect'' should read ``can connect''. [FR Doc. Z622174 Filed 12407; 8:45 am]
BILLING

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a correction to notice of proposed rulemaking that was published in the Federal Register on Friday, March 30, 2007 (71 FR 15081) providing guidance relating to the determination of the amount of taxes paid for purposes of section 901.

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 Thursday, June 7, 2007 (72 FR 31478). These regulations involve the deduction for income attributable to domestic production activities under section 199 and affect taxpayers who produce qualified films under section

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains a correction to a notice of proposed rulemaking (REG14269505) that was published in the Federal Register on Monday, August 6, 2007 (72 FR 43938) providing guidance on cafeteria plans.

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 describing the time and manner in which certain taxexempt organizations not currently required to file an annual information return under section 6033(a)(1) are required to submit an annual electronic notice including certain

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains final and temporary regulations that provide guidance regarding the satisfaction of the continuity of interest requirement for corporate reorganizations. These regulations affect corporations and their shareholders. The text of the temporary regulations also serves as the text of the proposed regulations set forth in the

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains temporary regulations that apply to corporations that have undergone ownership changes within the meaning of section 382. These regulations provide guidance regarding the treatment of prepaid income under the builtin gain provisions of section 382(h). The text of these temporary regulations also serves as the text of the

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document removes the temporary regulations pertaining to benefits that may be offered to participants under a section 125 cafeteria plan. The temporary regulations were published in the Federal Register on February 4, 1986. Guidance issued by the IRS and the Treasury Department under section 125 have made these temporary regulations

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations on the arbitrage restrictions under section 148 of the Internal Revenue Code applicable to taxexempt bonds issued by State and local governments. These proposed regulations are being issued in order to update existing regulations to address certain current market developments, to simplify and correct

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to temporary regulations (TD 9362) that were published in the Federal Register on Wednesday, November 7, 2007 (72 FR 62771) relating to a United States taxpayer's obligation under section 905(c) of the Internal Revenue Code to notify the IRS of a foreign tax redetermination, which is a change in the taxpayer's

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document proposes amendments to the regulations relating to the treatment of open account debt between S corporations and their shareholders. These proposed regulations provide rules regarding the definition of open account debt and the adjustments in basis of any indebtedness of an S corporation to a shareholder under section 1367(b)(2) of

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to final regulations that were published in the Federal Register on Tuesday, April 17, 2007 (73 FR 19234), relating to section 409A.

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains corrections to advance notice of proposed rulemaking (REG15592906) that was published in the Federal Register on Thursday, August 2, 2007 (72 FR 42335) regarding the payout requirements for Type III supporting organizations that are not functionally integrated, the criteria for determining whether a Type III supporting

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed changes to existing final regulations regarding the source of compensation for labor or personal services. The proposed changes are needed to clarify the determination of source of compensation of a person, including an artist or athlete, who is compensated for labor or personal services performed at specific

DEPARTMENT OF THE TREASURY : Internal Revenue Service

This document contains proposed regulations providing guidance on the determination of plan assets and benefit liabilities for purposes of the funding requirements that apply to single employer defined benefit plans. These regulations affect sponsors,
administrators, participants, and beneficiaries of single employer defined benefit plans.

DEPARTMENT OF THE TREASURY : Internal Revenue Service