Excerpt:

INCOME TAX
Ct. D. 2084, page 1032.
Abatement; interest accruals; federal income taxes. The
Supreme Court holds that the Tax Court provides the exclusive
forum for judicial review of failure to abate interest under section
6404(e)(1).
T.D. 9361, page 1026.
Final regulations under section 368 of the Code amend regulations
sections 1.368–1(d), 1.368–2(f) and 1.368–2(k) concerning
the tax treatment of post-reorganization transfers of
assets or stock of a party to the reorganization.
REG–134923–07, page 1037.
Proposed regulations under section 31 U.S.C. 9701 implement
new user fees for the initial and renewed enrollment to become
an enrolled actuary. The new user fees established by the regulations
reflect the IRS’s costs of overseeing the initial enrollment
and renewal of enrollment processes. The regulations establish
a $250 user fee for initial enrollment and a $250 user
fee for renewal of enrollment. A public hearing is scheduled for
November 26, 2007.
EXEMPT ORGANIZATIONS
Announcement 2007–108, page 1044.
A list is provided of organizations now classified as private foundations.

Notes:

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