Excerpt:

INCOME TAX
Rev. Rul. 2008–11, page 541.
Federal rates; adjusted federal rates; adjusted federal
long-term rate and the long-term exempt rate. For purposes
of sections 382, 642, 1274, 1288, and other sections
of the Code, tables set forth the rates for March 2008.
Rev. Rul. 2008–12, page 520.
Application of section 163(d) to limited partners in a
trader partnership. This ruling explains how section 163(d)
of the Code applies to a noncorporate limited partner’s distributive
share of the interest expense allocable to the partnership’s
trade or business of trading securities, if the limited partner
does not materially participate.
Rev. Rul. 2008–13, page 518.
Performance-based compensation. This ruling holds that
compensation paid to an executive is not qualified performance-
based compensation for purposes of section 162(m) of
the Code, even if the compensation is paid upon the attainment
of the performance goal, if the plan agreement or contract provides
for payment of compensation to an executive upon the
attainment of a performance goal or for (1) termination without
“cause” or for “good reason” or (2) voluntary retirement.
T.D. 9374, page 521.
REG–147290–05, page 576.
Final, temporary, and proposed regulations under section 468A
of the Code provide guidance regarding contributions to qualified
nuclear decommissioning trusts, including changes made
to that section by the Energy Policy Act of 2005.

Notes:

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