Excerpt:

INCOME TAX
T.D. 9368, page 382.
REG–114126–07, page 410.
Final, temporary, and proposed regulations under section 904
of the Code provide transition rules regarding the reduction of
the number of separate foreign tax credit limitation categories
under section 904(d). A public hearing is scheduled for April
22, 2008.
T.D. 9369, page 394.
REG–104713–07, page 409.
Temporary and proposed regulations under section 1561 of
the Code affect component members of a controlled group
of corporations and consolidated groups filing life-nonlife federal
income tax returns. The regulations also provide guidance
for calculating and apportioning between component members
any amount of additional tax and any reduction in the amount
exempted from the alternative minimum tax.
Notice 2008–20, page 406.
This notice identifies the components of the Intermediary
Transaction Tax Shelter transaction listed and described in
Notice 2001–16. The notice also identifies the persons who
are treated as participants in an Intermediary Transaction Tax
Shelter under regulations section 1.6011–4(c)(3)(i)(A). Notice
2001–16 modified.
Rev. Proc. 2008–13, page 407.
This procedure provides the maximum vehicle values for use
with the special valuation rules under regulations sections
1.61–21(d) and (e). These values are indexed for inflation and
must be adjusted annually by referring to the Consumer Pri

Notes:

This information was obtained from the IRS.gov website. E-File Magic does not warrant the accuracy of this information and provides it as a convenience to it’s customers. We encourage you to visit http://www.irs.gov/businesses/lists/0,,id=98230,00.html for the most recent copy of this information. Download our Free 1098/1099/5498/W2G Software by clicking here.