(IRB) Internal Revenue Bulletin 2008-08 Weekly
Excerpt:
INCOME TAX
T.D. 9371, page 447.
REG–141399–07, page 470.
Final, temporary, and proposed regulations under section 904
of the Code provide rules concerning the treatment of overall
foreign and domestic losses, as well as separate limitation
losses, under sections 904(f) and (g). A public hearing is scheduled
for April 10, 2008.
Notice 2008–22, page 465.
Low-income housing tax credit; private activity bonds.
Resident populations of the 50 states, the District of Columbia,
Puerto Rico, and the insular areas are provided for purposes
of determining the 2008 calendar year (1) state housing credit
ceiling under section 42(h) of the Code, (2) private activity bond
volume cap under section 146, and (3) private activity bond
volume limit under section 142(k).
EMPLOYEE PLANS
Notice 2008–24, page 466.
Weighted average interest rate update; corporate bond
indices; 30-year Treasury securities; segment rates.
This notice contains updates for the corporate bond weighted
average interest rate for plan years beginning in February
2008; the 24-month average segment rates; the funding
transitional segment rates applicable for February 2008; and
the minimum present value transitional rates for January 2008
Notes:
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