Excerpt:

Announcement 2008–27, page 751.
This document contains the annual report to the public concerning
Advance Pricing Agreements (APAs) and the experience
of the APA Program during calendar year 2007. This
document does not provide guidance regarding the application
of the arm’s length standard. Instead, it reports on the structure
and activities of the APA Program.
INCOME TAX
Rev. Rul. 2008–21, page 734.
Low-income housing credit; satisfactory bond; “bond
factor” amounts for the period January through June
2008. This ruling provides the monthly bond factor amounts
to be used by taxpayers who dispose of qualified low-income
buildings or interests therein during the period January through
June 2008.
T.D. 9383, page 738.
REG–137573–07, page 750.
Final, temporary, and proposed regulations amend regulations
section 1.1502–13(c)(6)(ii)(C), which relates to the redetermination
of intercompany gain as excluded from gross income.
T.D. 9385, page 735.
Final regulations under section 817(h) of the Code make
changes to the regulations concerning diversification requirements.
The changes expand the list of holders whose
beneficial interests in an investment company, partnership, or
trust do not prevent a segregated asset account from looking
through to the assets of the investment company, partnership

Notes:

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