Internal Revenue Bulletin 1997-35 (PDF rendition): IRS Notices

Preserve advance releases and the authoritative Internal Revenue Bulletin rendition; directory timestamps are file-publication metadata, not legal effective dates. HTML bulletins begin June 2003; earlier available issues require full PDF parsing. Whole bulletin rendition: numbered items are identified below; other legal material and publisher context remain included. This is not a new standalone advance release.

SPECIAL ANNOUNCEMENT
Announcement 97–86, page 9.
The Tenth Annual Institute on Current Issues in International
Taxation, co-sponsored with The George Wa s h i n g t o n
University, will be held December 11 and 12, 1997, at the
J.W. Marriott Hotel in Washington, DC.
INCOME TAX
Rev. Rul. 97–35, page 4.
Mutual life insurance companies; differential earnings
rate. The differential earnings rate for 1996 and the recom-
puted differential earnings rate for 1995 are set forth for use
by mutual life insurance companies to compute their income
tax liabilities for 1996.
Announcement 97–88, page 9.
Qualified personal service corporations that used the incor-
rect tax rates on their income tax returns should promptly
file amended returns.
EMPLOYEE PLANS
Notice 97–47, page 5.
Guidelines are set forth for determining for August 1997 the
weighted average interest rate and the resulting permissible
range of interest rates used to calculate current liability for
purposes of the full funding limitation of section 412(c)(7) of
the Code as amended by the Omnibus Budget Reconciliation
Act of 1987 and by the Uruguay Round Agreements Act
(GATT).
EXEMPT ORGANIZATIONS
Announcement 97–85, page 8.
A list is given of organizations now classified as private foun-
dations.
ADMINISTRATIVE
Notice 97–48, page 5.
This notice sets forth the 1997 changes to Publication
1187, Specifications for Filing Form 1042–S, Foreign Per-
s o n ’s U.S. Source Income Subject to Withholding, Magneti-
cally or Electronically (Rev. Proc. 96–11, 1996–1 C.B.
5 7 8 ) .
Announcement 97–79, page 8.
The number of medical savings accounts established as of
April 30, 1997, used to determine whether 1997 is a “cut-
off” year, is provided.
Announcement 97–87, page 9.
The Collection Financial Standards used by the Service as
the basis for determining collection actions, including install-
ment agreements and offers in compromise, are now on the
Internet.
Internal Revenue
bulletin
Bulletin No. 1997–35
September 2, 1997
Finding Lists begin on page 12.
Index for July and August begins on page 14.
HIGHLIGHTS
OF THIS ISSUE
These synopses are intended only as aids to the reader in
identifying the subject matter covered. They may not be
relied upon as authoritative interpretations.
D e p a rtment of the Tr e a s u ry
Internal Rev e nue Serv i c e

Mission of the Service
The purpose of the Internal Revenue Service is to collect
the proper amount of tax revenue at the least cost; serv e
the public by continually improving the quality of our prod-
ucts and services; and perf o rm in a manner warr a n t i n g
the highest degree of public confidence in our integrity, eff i-
c i e n c y, and fairn e s s .
2
Statement of Principles
of Internal Revenue
Tax Administration
The function of the Internal Revenue Service is to adm i n i s-
ter the Internal Revenue Code. Tax policy for raising re v e n u e
is determined by Congre s s .
With this in mind, it is the duty of the Service to carry out that
policy by correctly applying the laws enacted by Congress;
to determine the reasonable meaning of various Code provi-
sions in light of the Congressional purpose in enacting them;
and to perform this work in a fair and impartial manner, with
neither a government nor a taxpayer point of view.
At the heart of administration is interpretation of the Code. It
is the responsibility of each person in the Service, charged
with the duty of interpreting the law, to try to find the true
meaning of the statutory provision and not to adopt a
strained construction in the belief that he or she is “protect-
ing the revenue.” The revenue is properly protected only
when we ascertain and apply the true meaning of the statute.
The Service also has the responsibility of applying and
administering the law in a reasonable, practical manner.
Issues should only be raised by examining officers when
they have merit, never arbitrarily or for trading purposes.
At the same time, the examining officer should never hesi-
tate to raise a meritorious issue. It is also important that
c a re be exercised not to raise an issue or to ask a court to
adopt a position inconsistent with an established Serv i c e
p o s i t i o n .
Administration should be both reasonable and vigorous. It
should be conducted with as little delay as possible and
with great courtesy and considerateness. It should never
t ry to overreach, and should be reasonable within the
bounds of law and sound administration. It should, howev-
e r, be vigorous in requiring compliance with law and it
should be relentless in its attack on unreal tax devices and
f r a u d .

The Internal Revenue Bulletin is the authoritative instrument
of the Commissioner of Internal Revenue for announcing offi-
cial rulings and procedures of the Internal Revenue Service
and for publishing Treasury Decisions, Executive Orders, Tax
Conventions, legislation, court decisions, and other items of
general interest. It is published weekly and may be obtained
f rom the Superintendent of Documents on a subscription
basis. Bulletin contents of a permanent nature are consoli-
dated semiannually into Cumulative Bulletins, which are sold
on a single-copy basis.
It is the policy of the Service to publish in the Bulletin all sub-
stantive rulings necessary to promote a uniform application
of the tax laws, including all rulings that supersede, revoke,
modify, or amend any of those previously published in the
Bulletin. All published rulings apply retroactively unless other-
wise indicated. Procedures relating solely to matters of in-
ternal management are not published; however, statements
of internal practices and pro c e d u res that affect the rights
and duties of taxpayers are published.
Revenue rulings represent the conclusions of the Service on
the application of the law to the pivotal facts stated in the
revenue ruling. In those based on positions taken in rulings
to taxpayers or technical advice to Service field off i c e s ,
identifying details and information of a confidential nature
are deleted to prevent unwarranted invasions of privacy and
to comply with statutory requirements.
Rulings and procedures reported in the Bulletin do not have
the force and effect of Tre a s u ry Department Regulations,
but they may be used as precedents. Unpublished ru l i n g s
will not be relied on, used, or cited as precedents by Service
personnel in the disposition of other cases. In applying pub-
lished rulings and procedures, the effect of subsequent leg-
islation, regulations, court decisions, rulings, and pro c e-
dures must be considered, and Service personnel and oth-
ers concerned are cautioned against reaching the same con-
clusions in other cases unless the facts and circumstances
are substantially the same.
The Bulletin is divided into four parts as follows:
Part I.—1986 Code.
This part includes rulings and decisions based on provisions
of the Internal Revenue Code of 1986.
Part II.—Treaties and Tax Legislation.
This part is divided into two subparts as follows: Subpart A,
Tax Conventions, and Subpart B, Legislation and Related
Committee Reports.
P a rt III.—Administrative, Procedural, and Miscellaneous.
To the extent practicable, pertinent cross re f e rences to
these subjects are contained in the other Parts and Sub-
parts. Also included in this part are Bank Secrecy Act Admin-
istrative Rulings. Bank Secrecy Act Administrative Rulings
are issued by the Department of the Treasury’s Office of the
Assistant Secretary (Enforcement).
Part IV.—Items of General Interest.
With the exception of the Notice of Proposed Rulemaking
and the disbarment and suspension list included in this part,
none of these announcements are consolidated in the Cumu-
lative Bulletins.
The first Bulletin for each month includes a cumulative index
for the matters published during the preceding months.
These monthly indexes are cumulated on a quarterly and
semiannual basis, and are published in the first Bulletin of the
succeeding quarterly and semiannual period, re s p e c t i v e l y.
3
Introduction
The contents of this publication are not copyrighted and may be reprinted freely.A citation of the Internal Revenue Bulletin as the source would be appropriate.
For sale by the Superintendent of Documents, U.S.Government Printing Office, Washington, DC 20402.

September 2, 199741997–35 I.R.B.
Section 809. — Reduction in
Certain Deductions of Mutual
Life Insurance Companies
26 CFR 1.809–9: Computation of the differe n t i a l
earnings rate and the recomputed differential earn-
ings rate.
Mutual life insura nce companies ;
differential earnings rate. The differen-
tial earnings rate for 1996 and the recom-
puted differential earnings rate for 1995
are set forth for use by mutual life insur-
ance companies to compute their income
tax liabilities for 1996.
Rev. Rul. 97–35
This revenue ruling contains the differ-
ential earnings rate for 1996 and the re-
computed differential earnings rate for
1995. Under § 809 of the Internal Rev-
enue Code, mutual life insurance compa-
nies use these rates in computing their
Federal income tax liability for taxable
years beginning in 1996. This revenue
ruling also contains the figures on which
th e deter mi nat ions o f t hese ra t es a re
based. Notice 97–17, 1997–10 I.R.B. 34,
contained tenta tive determinat ions of
these rates.
Section 809(a) provides that, in the
case of any mutual life insurance com-
pany, the amount of the deduction allow-
able under § 808 for policyholder divi-
dends is reduced (but not below zero) by
the “differential earnings amount.” A n y
excess of the differential earnings amount
over the amount of the deduction allow-
able under § 808 is taken into account as a
reduction in the closing balance of re-
serves under subsections (a) and (b) of §
807. The “differential earnings amount”
for any taxable year is the amount equal
to the product of (a) the life insurance
c o m p a n y ’s average equity base for the
taxable year multiplied by (b) the “differ-
ential earnings rate” for that taxable year.
The “differential earnings rate” for the
taxable year is the excess of (a) the “im-
puted earnings rate” for the taxable year
over (b) the “average mutual earnings
rate” for the second calendar year preced-
ing the calendar year in which the taxable
year begins. The “imputed earnings rate”
for any taxable year is the amount that
bears the same ratio to 16.5 percent as the
“current stock earnings rate” for the tax-
able year bears to the “base period stock
earnings rate.”
Section 809(f) provides that, in the case
of any mutual life insurance company, if
the “recomputed differe ntial earnings
amount” for any taxable year exceeds the
differential earnings amount for that tax-
able year, the excess is included in life in-
surance gross income for the succeeding
taxable year. If the differential earnings
amount for any taxable year exceeds the
recomputed differential earnings amount
for that taxable year, the excess is allowed
as a life insurance deduction for the suc-
ceeding taxable year. The “recomputed
differential earnings amount” for any tax-
able year is an amount calculated in the
same manner as the differential earnings
amount for that taxable year, except that
the average mutual earnings rate for the
calendar year in which the taxable year
begins is substituted for the average mu-
tual earnings rate for the second calendar
year preceding the calendar year in which
the taxable year begins.
The stock earnings rates and mutual
earnings rates taken into account under §
809 generally are determined by dividing
statement gain from operations by the av-
erage equity base. For this purpose, the
term “statement gain from operations”
means “the net gain or loss from opera-
tions required to be set forth in the annual
statement, determined without regard to
Federal income taxes, and ... properly ad-
j ust e d for r ea li ze d c ap it al ga in s an d
losses....” See§ 809(g)(1). The term “eq-
uity base” is defined as an amount deter-
mined in the manner prescribed by regu-
l a ti o n s e q u a l t o s u rp l u s a n d c a p i t a l
increased by the amount of nonadmitted
financial assets, the excess of statutory re-
serves over the amount of tax reserves,
the sum of certain other reserves, and 50
percent of any policyholder dividends (or
other similar liability) payable in the fol-
lowing taxable year.See § 809(b)(2), (3),
(4), (5) and (6). Section 1.809–10 of the
Income Tax Regulations provides that the
equity base includes both the asset valua-
tion reserve and the interest maintenance
reserve for taxable years ending after De-
cember 31, 1991.
Section 1.809–9(a) of the regulations
provides that neither the differential earn-
ings rate under § 809(c) nor the recom-
puted differential earnings rate that is
used in computing the recomputed differ-
ential earnings amount under § 809(f)(3)
may be less than zero.
For purposes of § 809, the differential
earnings rate for 1996 and the rate used to
c alculate t he rec ompute d diff e r e n t i a l
earnings amount for 1995 (the recom-
puted differential earnings rate for 1995),
and the figures on which these two rates
are based are set forth in Table 1.
Rev. Rul. 97–35 Table 1
Determination of Rates To Be Used for
Taxable Years Beginning in 1996
Differential earnings rate
for 1996 . . . . . . . . . . . . . . . . . . . 6.447
Recomputed differential
earnings rate for 1995 . . . . . . . . . . . . 0
Imputed earnings rate
for 1995 . . . . . . . . . . . . . . . . . . 12.625
Imputed earnings rate
for 1996 . . . . . . . . . . . . . . . . . . 15.669
Base period stock earnings
rate . . . . . . . . . . . . . . . . . . . . . . 18.221
Current stock earnings rate for
1996 . . . . . . . . . . . . . . . . . . . . . 17.303
Stock earnings rate for 1993 . . . . 23.385
Stock earnings rate for 1994 . . . . 11.437
Stock earnings rate for 1995 . . . . 17.087
Average mutual earnings rate
for 1994 . . . . . . . . . . . . . . . . . . . 9.222
Average mutual earnings rate
for 1995 . . . . . . . . . . . . . . . . . . 16.477
DRAFTING INFORMATION
The principal author of this revenue
ruling is Katherine A. Hossofsky of the
Assistant Chief Counsel (Financial Insti-
tutions and Products). For further infor-
mation regarding this revenue ruling con-
tact Ms. Hossofsky on (202) 622-3477
(not a toll-free number).
P a rt I. Rulings and Decisions Under the Internal Revenue Code of 1986

Weighted Average Interest Rate Update
Notice 97–47
Notice 88–73 provides guidelines for determining the weighted average interest rate and the resulting permissible range of interest
rates used to calculate current liability for the purpose of the full funding limitation of § 412(c)(7) of the Internal Revenue Code as
amended by the Omnibus Budget Reconciliation Act of 1987 and as further amended by the Uruguay Round Agreements Act, Pub. L.
103–465 (GAT T ) .
The average yield on the 30-year Treasury Constant Maturities for July 1997 is 6.51 percent.
The following rates were determined for the plan years beginning in the month shown below.
DRAFTING INFORMAT I O N
The principal author of this notice is Donna Prestia of the Employee Plans Division. For further information regarding this notice, call
(202) 622-6076 between 2:30 and 4:00 p.m. Eastern time (not a toll-free number). Ms. Prestia’s number is (202) 622-7377 (also not a
toll-free number).
Notice 97–48
Revenue Procedure 96–11, Publication 1187, Specifications for Filing Form 1042–S, Foreign Person’s U.S. Source Income Sub-
ject to Withholding, Magnetically or Electronically, will not be reissued for Tax Year (TY) 97 filing, which is processed in 1998.
Following are the changes that have occurred since the 1/96 revision:
1. The ZIPCode has changed from 25401–1359 to 25402–1359 for the IRS P.O. Box address for the Martinsburg Computing Cen-
ter.
)
If by Postal Service:
IRS-Martinsburg Computing Center
Information Reporting Program
P. O. Box 1359, MS–360
Martinsburg, WV25402-1359
or
If by private delivery service:
IRS-Martinsburg Computing Center
Information Reporting Program
Route 9 and Needy Road, MS–360
Martinsburg, WV 25401
2. To provide clarification of the correction process for Forms 1042–S, the following definitions have been provided:
a. A void record is an information return (Form 1042–S) submitted by the transmitter to replace a previously filed incorrect origi-
nal return. A void record must be a duplicate of the original successfully processed return with the exception of a “V” in field
position 371 of the “Q” record. This record can be filed with or without a corresponding “C” record. For example, a Form
1042–S was submitted, and it should have been prepared as a Form 1099. A “Q” record with the original Form 1042–S infor-
mation would be filed with a “V” in position 371. In this instance, a corresponding “C” coded “Q” record would N O Tbe nec-
e s s a r y.
b. Ac o r rection is an information return (Form 1042–S) submitted by the transmitter to correct a return that was successfully
processed by IRS/MCC, but contained erroneous information. A “C” in field position 371 of the “Q” record identifies a correc-
tion record. This record must always have a corresponding “V” coded re c o r d .
Following is a chart showing the steps to be taken for correcting Forms 1042–S:
1997–35 I.R.B.5September 2, 1997
P a rt III. Administrative, Procedural, and Miscellaneous
90% to 107%90% to 110%
WeightedPermissiblePermissible
MonthYearAverageRangeRange
August19976.856.16 to 7.336.16 to 7.53

Guidelines for Filing Corrected Returns Magnetically/Electronically
Transaction 1: Identify incorrect returns (void process)
The record sequence for filing corrections is the same as for original returns. Create the file in the following order exactly the
same as the original transmission:
a. Transmitter “T” Record
b. Recipient “Q” Record with the exact information as submitted originally, however,
c. Place a “V” (See Note) in field position 371 of the “Q” Record
d. Prepare a Withholding Agent “W” Record summarizing the preceding “V” Coded “Q” Records. (See sample format below.)
+Note: A “V” coded “Q” Record may or may not have a corresponding “C” Coded “Q” Record.
Transaction 2: Report the correct information (correction process)
On the same media or electronic submission, prepare:
a. Recipient “Q” Record with the correct information
b. Place a “C” (See Note) in Field Position 371 of the “Q” Record
c. Prepare a Withholding Agent “W” Record summarizing the preceding “C” coded “Q” records
d. Prepare an End of Transmission “Y” record
e. “V” and “C” Coded Corrected returns submitted to IRS/MCC must be in the same submission.
+Note : Each “C” Coded “Q” Record MUST have a corresponding “V” Coded Record
Sample data sequences for void/ correction records:
T
Q with V
Q with V
Q with V
Q with V
Q with V
Q with V
W
Q with C
Q with C
Q with C
Q with C
W
Y
3. “T” Record—Change Tax Year (positions 2–3) to 97 for income and withholding reported for 1997 (unless reporting for a differ-
ent tax year). All other “T” record data fields in the 1/96 revision remain the same.
4. “Q” Record Changes—The following fields (items A–E) indicate changes made to the information contained in the 1/96 revision.
All other “Q” record data fields remain the same.
P o s i t i o n sField Title L e n g t hDescription and Remarks
(A) Field Position 112 has changed to include the definition for the Individual Taxpayer Identification Number.
112 Type of TIN1This field is used to identify the Taxpayer Identification
Number (TIN) in positions 112–121 as either an Em-
ployer Identification Number (EIN), or a Social Security
Number (SSN) or an Individual Taxpayer Identification
Number (ITIN). Enter the appropriate code from the fol-
lowing table:
Type of TIN Type of Account
1EIN Abusiness, organization, sole proprietor,
or other entity
September 2, 199761997–35 I.R.B.

2SSN An individual, including a sole proprietor
OR
ITINAn individual required to have a taxpayer
identification number, but who is not eli-
gible to obtain an SSN
Blank If the type of TIN is not determinable,
enter a blank.
(B) The Form 1042–S Paper instructions are updated each year. Changes are made to the list of Country Codes at that time.
137–138Country Code2The list of country codes included in the 1997 Paper In-
structions for Forms 1042–S should be used to ensure the
proper coding of the country code field.
(C) In addition to the Income Code information provided in the Publication 1187, the following information is included as a
result of the tax law change in the reporting of Canadian Interest.
3 5 5 – 3 5 6Income Code2U s e I n c o me Co d e 1 fo r th e r ep o r t i ng o f int e re s t
payments to Canadian residents who are not U.S. citi-
z e n s
(D) In addition to the Exemption Code information provided in the Publication 1187, the following information is included
as a result of the tax law change in the reporting of Canadian Interest.
3 7 0Exemption Code 1Use Exemption Code 2 for th e reporting of interest
payments to Canadian residents who are not U.S. citi-
z e n s .
(E) The title of this field position changed.
3 7 1Original, Void, 1R e q u i red. Enter the one position code below to identify
or Correctedan Original, Incorrect or Corrected Return. (See Part A.
Return Indicator Sec. 13.)
CodeDescription
ZeroIf this is an Original Return.
VEnter a “V” to void the incorrect original
return submitted. (See Transaction 1)
CEnter a “C” if this is to identify the Cor-
rect Return. (See Transaction 2)
5. “W” Record—Change Tax Year (positions 2–3) to 97 for income and withholding reported for 1997 (unless reporting
for a different tax year).
6. In all records, alpha characters entered must be upper case.
7. Notice to filers:
Format changes to accommodate Year 2000 will occur for TY98 in calendar year 1999.
Treasury has mandated that all electronic year dates exchanged with non-IRS organizations, both government and
private, both input and output, shall adhere to the following:
— All Gregorian date formats will be in the format ‘YYYYMMDD’.
— All other year date formats (e.g., Julian, Tax Period, Cycle Dates) will expand representations from two-digit
year to four-digit year: ‘YYYY’.
1997–35 I.R.B.7September 2, 1997

Medical Savings Accounts
Announcement 97–79
Purpose
Sections 220(i) and (j) of the Internal
Revenue Code provide that if the number
of medical savings accounts (MSAs) es-
tablished as of April 30, 1997, exceeds
375,000, then September 1, 1997, is a
“ c u t - o ff” date for the MSA pilot project.
The Internal Revenue Service has deter-
m ine d th at t he app li c ab le nu mb er o f
MSAs established as of April 30, 1997, is
7,383. Consequently, September 1, 1997
is not a “cut-off” date for the MSAp i l o t
p r o j ec t . A s e co n d de t er mi n a t ion o f
whether 1997 will be a cut-off year, based
on whether the number of MSAs estab-
li s h e d as o f J un e 3 0 , 1 9 97 ex c ee ds
525,000, will be made by October 1, 1997.
See section 220(j)(1)(B) of the Code.
Background
The Health Insurance Portability and
Accountability Act of 1996 added section
220 to the Code to permit eligible individ-
uals to establish MSAs under a pilot pro-
ject effective January 1, 1997. The pilot
project has a scheduled “cut-off” year of
2000, but may have an earlier “cut-off ”
year if the number of individuals who
have established MSAs exceeds certain
numerical limitations. See sections 220(i)
and (j).
If a year is a “cut-off” year, section
220(i)(1) generally provides that no indi-
vidual will be eligible for a deduction or
exclusion for MSAcontributions for any
taxable year beginning after the cut-off
year unless the individual (A) was an ac-
tive MSAparticipant for any taxable year
ending on or before the close of the cut-
o ff year, or (B) first became an active
MSAparticipant for a taxable year ending
after the cut-off year by reason of cover-
age under a high deductible health plan of
an MSA-participating employer.
Section 220(j)(1) provides that the nu-
merical limitation for 1997 is exceeded if
the number of MSAs established as of
April 30, 1997, is more than 375,000, or if
the number of MSAs established as of
June 30, 1997, is more tha n 525,000.
Under section 220(j)(3), in determining
whether any calendar year is a cut-off
y e a r, the MSA of any previously unin-
sured individual is not taken into account.
In addition, section 220(j)(4)(D) specifies
that, to the extent practical, all MSAs es-
tablished by an individual are aggregated
and two married individuals opening sep-
arate MSAs are to be treated as having a
single MSA for purposes of determining
the number of MSAs.
Bas ed on F orm s 88 51 pr ovid ed by
MSAtrustees and custodians, it has been
determined that 9,720 taxpayers have es-
tablished MSAs as of April 30, 1997. Of
this total, 1,787 taxpayers were reported
as previously uninsured, and are therefore
not taken into acc ount in determining
whether 1997 is a cut-off year. In addi-
tion, 550 taxpayers were reported as ex-
cludable from the count bec ause their
spouse also established an MSA. Accord-
i n g l y, because the applicable number of
MSAs established as of April 30, 1997,
7,383 (9,720 minus (1,787 plus 550)) is
less than 375,000, 1997 is not a cut-off
year for the MSApilot project. The Ser-
vice intends to publish another announce-
ment, not later than October 1, 1997, con-
cerning whether 1997 is a cut-off year
based on the number of MSAs established
as of June 30, 1997.
Questions regarding this announcement
may be directed to Felix Zech in the Of-
fice of Ass ociate Chie f Counsel (Em-
ployee Benefits and Exempt Org a n i z a-
tions) at (202) 622-4606 (not a toll free
number).
Foundations Status of Certain
Organizations
Announcement 97–85
T h e f o l lo w i n g or g an i z at i o n s h a v e
failed to establish or have been unable to
maintain their status as public charities or
as operating foundations. A c c o r d i n g l y,
grantors and contributors may not, after
this date, rely on previous rulings or des-
ignations in the Cumulative List of Orga-
nizations (Publication 78), or on the pre-
sumption arising from the filing of notices
under section 508(b) of the Code. T h i s
listing does notindicate that the organiza-
tions have lost their status as org a n i z a-
tions described in section 501(c)(3), eligi-
ble to receive deductible contributions.
Former Public Charities.The follow-
i n g o rg a n i za t i o n s (w h i c h h av e b ee n
treated as organizations that are not pri-
vate foundations de scr ibed in se ction
509(a) of the Code) are now classified as
private foundations:
Advanced Communications Te c h n o l o g y
Training Youth Inc., Chelsea, MA
All Pakistan Womens Association, Inc.,
New York, NY
Back Bay Lacrosse, Inc., Portland, ME
Boy Scouts of America Troop 73 BSA,
Hillsboro, NH
Broadway Fillmore Area Council, Inc.,
B u ffalo, NY
Brockton City Arts, Inc., Brockton, MA
Budget Counseling and Education Centers
of North Carolina, Inc., Richmond, VA
Butler County Crime Stoppers Inc.,
David City, NE
California Book Exchange and Recyclery,
Rancho Santa Fe, CA
California Podiatric Medical Foundation,
Sacramento, CA
Charles and Margaret Mraz Foundation,
Clinton, WA
Chelmsford Odyssey of the Mind, Inc.,
Chelmsford, MA
Community Conciliation Center, Inc.,
Flushing, NY
Crossroads Ministries and Publications,
Rancho Cordova, CA
Downriver Theatre Company, Machias, ME
Drum Corps East, Inc.,
South Weymouth, MA
Eagles of Dixon School, Chicago, IL
East End Rural Preservation Corporation,
Shelter Island, NY
Eastern Mass Jr Drum & Bugle Corps,
Quincy, MA
Eco Village at Ithaca Inc., Ithaca, NY
Ecoworld-Ekomir, Olympia, WA
Eleanor Roosevelt Institute for Justice &
Peace, Washington, DC
Errol W. Ross and Eaden Ross Silverton
Union High School No. 7J Graduate
Assistance Fund, Inc., Salem, OR
Fisheries Defense Fund, Inc.,
New York, NY
Formosa Center, Inc., Flushing, NY
George Snively Research Foundation,
Wakefield, RI
Geogroup, Inc., Menlo Park, CA
Green Hornets of Valley Stream, Inc.,
Valley Stream, NY
Gods Glory Missions Ministries Church
September 2, 199781997–35 I.R.B.
P a rt IV. Items of General Intere s t

of God in Christ, Lakewood, CA
Gay Men and Lesbians Opposing
Violence, Washington, DC
Harvard World Model United Nations,
Cambridge, MA
Hinsdale Commercial & Industrial
Development Corporation,
Hinsdale, NH
Kafanm, Inc., Dorchester, MA
K & M New Life Home Inc., Stockton, CA
Keren Hatzole Institute, Ltd.,
Brooklyn, NY
Le Studio Theatre C A, Inc.,
New York, NY
Life House, Inc., Worcester, MA
Mass Metrowest Chapter Black Data
Processing Associates, Northboro, MA
Medical Outcomes Trust, Inc., Boston,
MA
Micah Housing, Inc., Fairfield, CT
Middlesex Industrial Development
Council, Ltd., Middletown, CT
Morningside Community Association,
Inc., New York, NY
National Federation of the Blind of
Maine, Portland, ME
New York Association of Suicidology,
Bronx, NY
Palabras De Vida, Inc., North Haven, CT
Peaceable Kindom, Inc.,
Long Beach, NY
Pomfret House, Inc., Woodstock, NY
Portland Environmental Watch,
Portland, ME
Prevention Point Buffalo, Inc.,
Buffalo, NY
P TA New Hampshire, Londonderry, NH
Renacer Rebirth, Inc., New York, NY
Rockingham Optimist Foundation, Inc.,
Rockingham, NC
Sadat Peace Institute, Cambridge, MA
Self Development Group, Inc.,
Roslindale, MA
Serving Our Youth Through A d u l t s -
S O YA, New York, NY
Shalheves Incorporated,
Spring Va l l e y, NY
Simsbury Sterring Committee for A l c o h o l
& Drug-Free Use, Simsbury, CT
Stillhouse Trestle Corporation,
Danville, VA
10 Penny Productions, Inc., New York, NY
Theatre Investment Fund Limited,
New York, NY
Unity Productions, Inc., New York, NY
Western New York Lacrosse Association,
Inc., Blasedell, NY
Westlands Schools Association, Inc.,
Chelmsford, MA
Weston Friendly Society of the
Performing Arts, Inc., Weston, MA
Youthbrook Project Inc., Cambridge, MA
Yvonne Carroll Parente Presents the
Company, Inc., Glen Head, NY
If an organization listed above submits in-
formation that warrants the renewal of its
classification as a public charity or as a pri-
vate operating foundation, the Internal Rev-
enue Service will issue a ruling or determi-
nation letter with the revised classification as
to foundation status. Grantors and contribu-
tors may thereafter rely upon such ruling or
determination letter as provided in section
1.509(a)–7 of the Income Tax Regulations. It
is not the practice of the Service to announce
such revised classification of foundation sta-
tus in the Internal Revenue Bulletin.
Announcement 97–86
Assistant Commissioner (International)
John T. Lyons has announced The Te n t h
Annual Institute on Current Issues in In-
ternational Taxation, co-sponsored with
The George Washington University, to be
held December 11 and 12, 1997, at the
J.W. Marriott Hotel in Washington, DC.
Designed for professionals in interna-
tional tax law, The Institute will include, on
the first day, a panel on mutual agreement
procedures with the U.S., Canadian and
Mexican Competent Authorities and a rep-
resentative from the Organization for Eco-
nomic C oopera tion and Developme nt
(OECD). Additional sessions include inter-
preting tax treaties, revisiting check-the-box
regulations and joint venture issues, and
hedging for multinationals. Acting Com-
missioner Michael P. Dolan will be a fea-
tured speaker. The second day will include
sessions on controversial cross-border trans-
actions, “Ask the IRS” panel, U.S. multina-
tional update, and inbound developments.
Those interested in attending may ob-
tain more information from The Georg e
Washington University, Conference Man-
agement Services, by calling (202) 973-
111 0 o r v i s it i n g t h e I n t e r n e t s i t e a t
http://www.gwu.edu/~cms/tax/.
The Collection Financial
Standards on the Internet
Announcement 97–87
The standards used by the Internal Rev-
enue Service as the basis for determining
collection actions, including installment
agreements and offers in compromise, are
now on the Internet. The Collection Fi-
nancial Standards are on the IRS’ Wo r l d
Wide Web site “The Digital Daily,”, under
“ Tax Info for Yo u . ”
The Collection Financial Standards are
used when a taxpayer claims an inability
to pay a delinquent tax liability.
Al lowa nces fo r f oo d, cl oth ing and
other items, known as the National Stan-
dards, apply nationwide except for Alaska
and Hawaii, which have their own tables.
Taxpayers are allowed the total National
Standards amount for their family size
and income level, without questioning
amounts actually spent.
Maximum allowances for housing and
utilities and transportation, known as the
Local Standards, vary by location. Unlike
the National Standards, the taxpayer is al-
lowed the amount actually spent or the
standard, whichever is less.
Qualified Personal Service
Corporations That Used
Incorrect Tax Rates Should
Promptly File Amended Returns
Announcement 97–88
The Internal Revenue Service has found
that many qualified personal service cor-
porations had filed using the incorrect tax
rate. Instead of computing tax using the
flat Qualified Personal Service Corpora-
tion rate, the graduated corporate rate was
used which understated the corporations’
tax liabilities. Some practitioners have at-
tributed the problem to difficulties with
using certain computer tax software pro-
grams, while others acknowledged the
mistakes as unintentional oversights.
A qualified personal service corpora-
tion is taxed at a flat rate of 35% on its
taxable income. Acorporation is a quali-
fied personal service corporation if it
meets both of the following tests:
• Substantially all of the corporation’s
activities involve the performance of
services in the fields of health, law,
engineering, architecture, account-
ing, actuarial science, performing
arts, or consulting, and
• At least 95% of the corporation’s
stock, by value, is owned, directly or
i n d i r e c t l y, by (1) employees perform-
ing the services, (2) retired employees
who had performed the services listed
1997–35 I.R.B.9September 2, 1997

above, (3) any estate of the employee
or retiree described above, or (4) any
person who acquired the stock of the
corporation as a result of the death of
an employee or retiree (but only for
the 2-year period beginning on the
date of the employee’s or retiree’s
death). See Temporary Regulations
section 1.448-1T(e) for details.
The Service has been looking closely
into this matter, and will continue to pursue
compliance activities to identify taxpayers
with the issue and bring them into compli-
ance. In our ongoing efforts to foster tax-
payer education and voluntary compliance,
we would like to alert taxpayers and practi-
tioners about the problem, and ask any
qualified personal service corporations that
did not file using the qualified personal
service corporation rate to promptly file
amended returns with their respective IRS
service center to correct the error. Prompt
filing will minimize interest assessments.
September 2, 1997101997–35 I.R.B.

1997–35 I.R.B.11September 2, 1997
Revenue rulings and revenue pro c e d u re s
( h e reinafter re f e rred to as “rulings”) that
have an effect on previous rulings use the
following defined terms to describe the
e f f e c t :
Amplified describes a situation where
no change is being made in a prior pub-
lished position, but the prior position is
being extended to apply to a variation of
the fact situation set forth therein. T h u s ,
if an earlier ruling held that a principle
applied to A, and the new ruling holds
that the same principle also applies to B,
the earlier ruling is amplified. (Compare
with m o d i f i e d, below).
Clarified is use d in thos e instances
where the language in a prior ruling is
being made clear because the language
has caused, or may cause, some confu-
sion. It is not used where a position in a
prior ruling is being changed.
D i s t i n g u i s h e dde scr ibes a situation
where a ruling mentions a previously
published ruling and points out an essen-
tial difference between them.
Modified is used where the substance
of a previo usly publis hed po sition is
being changed. Thus, if a prior ruling
held that a principle applied to A but not
to B, and the new ruling holds that it ap-
plies to both A and B, the prior ruling is
modified because it corrects a published
position. (Compare with amplified a n d
c l a r i f i e d, above).
Obsoleted describes a previously pub-
lished ruling that is not considered deter-
minative with respect to future transac-
tions. This term is most commonly used
in a ruling that lists previously published
rul ings that are obs oleted bec ause of
changes in law or regulations. Ar u l i n g
may also be obsoleted because the sub-
stance has been included in regulations
subsequently adopted.
Revoked describes situations where the
position in the previously published rul-
ing is not correct and the correct position
is being stated in the new ruling.
Superseded describes a situation where
the new ruling does nothing more than
restate the substance and situation of a
previously published ruling (or rulings).
Thus, the term is used to republish under
the 1986 Code and regulations the same
position published under the 1939 Code
and regulations. The term is also used
when it is desired to republish in a single
ruling a series of situations, names, etc.,
that were previously published over a pe-
riod of time in separate rulings. If the
new ruling does more than restate the
substance of a prior ruling, a combination
of terms is used. For example, m o d i f i e d
a nd su per se d ed desc ribe s a s i tuati on
where the substance of a previously pub-
lished ruling is being changed in part and
is continued without change in part and it
is desired to restate the valid portion of
the previously published ruling in a new
ruling that is self contained. In this case
the previously published ruling is first
modified and then, as modified, is super-
s e d e d .
Supplemented is used in situations in
which a list, such as a list of the names of
countries, is published in a ruling and
that list is expanded by adding further
names in subsequent rulings. After the
original ruling has been supplemented
several times, a new ruling may be pub-
lished that includes the list in the original
ruling and the additions, and supersedes
all prior rulings in the series.
Suspended is used in rare situations to
show that the previous published rulings
will not be applied pending some future
action such as the issuance of new or
a me nded r egulations, the outc ome of
cases in litigation, or the outcome of a
Service study.
Abbreviations
The following abbreviations in current use and for-
merly used will appear in material published in the
Bulletin.
A—Individual.
Acq.—Acquiescence.
B—Individual.
BE—Beneficiary.
BK—Bank.
B.T.A.—Board of Tax Appeals.
C.—Individual.
C.B.—Cumulative Bulletin.
CFR—Code of Federal Regulations.
CI—City.
COOP—Cooperative.
Ct.D.—Court Decision.
CY—County.
D—Decedent.
DC—Dummy Corporation.
DE—Donee.
Del. Order—Delegation Order.
DISC—Domestic International Sales Corporation.
DR—Donor.
E—Estate.
EE—Employee.
E.O.—Executive Order.
ER—Employer.
ERISA—Employee Retirement Income Security Act.
EX—Executor.
F—Fiduciary.
FC—Foreign Country.
FICA—Federal Insurance Contribution Act.
FISC—Foreign International Sales Company.
FPH—Foreign Personal Holding Company.
F.R.—Federal Register.
FUTA—Federal Unemployment Tax Act.
FX—Foreign Corporation.
G.C.M.—Chief Counsel’s Memorandum.
GE—Grantee.
GP—General Partner.
GR—Grantor.
IC—Insurance Company.
I.R.B.—Internal Revenue Bulletin.
LE—Lessee.
LP—Limited Partner.
LR—Lessor.
M—Minor.
Nonacq.—Nonacquiescence.
O—Organization.
P—Parent Corporation.
PHC—Personal Holding Company.
PO—Possession of the U.S.
PR—Partner.
PRS—Partnership.
PTE—Prohibited Transaction Exemption.
Pub. L.—Public Law.
REIT—Real Estate Investment Trust.
Rev. Proc.—Revenue Procedure.
Rev. Rul.—Revenue Ruling.
S—Subsidiary.
S.P.R.—Statements of Procedral Rules.
Stat.—Statutes at Large.
T—Target Corporation.
T.C.—Tax Court.
T.D.—Treasury Decision.
TFE—Transferee.
TFR—Transferor.
T.I.R.—Technical Information Release.
TP—Taxpayer.
TR—Trust.
TT—Trustee.
U.S.C.—United States Code.
X—Corporation.
Y—Corporation.
Z—Corporation.
Definition of Terms

September 2, 1997121997–35 I.R.B.
Numerical Finding List
1
Bulletins 1997–27 through 1997–34
Announcements:
97–61, 1997–29 I.R.B. 13
97–67, 1997–27 I.R.B. 37
97–68, 1997–28 I.R.B. 13
97–69, 1997–28 I.R.B. 13
97–70, 1997–29 I.R.B. 14
97–71, 1997–29 I.R.B. 15
97–72, 1997–29 I.R.B. 15
97–73, 1997–30 I.R.B. 86
97–74, 1997–31 I.R.B.16
97–75, 1997–32 I.R.B. 28
97–76, 1997–32 I.R.B. 28
97–77, 1997–33 I.R.B. 58
97–78, 1997–34 I.R.B. 11
97–80, 1997–34 I.R.B. 12
97–81, 1997–34 I.R.B. 12
97–82, 1997–34 I.R.B. 12
97–83, 1997–34 I.R.B. 13
97–84, 1997–34 I.R.B. 13
Court Decisions:
2061, 1997–31 I.R.B. 5
2062, 1997–32 I.R.B. 8
Delegation Orders:
172 (Rev. 5), 1997–28 I.R.B. 6
Notices:
97–37, 1997–27 I.R.B. 4
97–38, 1997–27 I.R.B. 8
97–39, 1997–27 I.R.B. 8
97–40, 1997–28 I.R.B. 6
97–41, 1997–28 I.R.B. 6
97–42, 1997–29 I.R.B. 12
97–43, 1997–30 I.R.B. 9
97–44, 1997–31 I.R.B. 15
97–45, 1997–33 I.R.B. 7
97–46, 1997–34 I.R.B. 10
Railroad Retirement Quarterly Rate:
1997–28 I.R.B. 5
Proposed Regulations:
REG–104893–97, 1997–29 I.R.B. 13
REG–107644–97, 1997–32 I.R.B. 24
Revenue Procedures:
97–32, 1997–27 I.R.B. 9
97–32A, 1997–34 I.R.B. 10
97–33, 1997–30 I.R.B. 10
97–34, 1997–30 I.R.B.14
97–35, 1997–33 I.R.B. 11
97–36, 1997–33 I.R.B. 14
97–37, 1997–33 I.R.B. 18
97–38, 1997–33 I.R.B. 43
97–39, 1997–33 I.R.B. 48
97–40, 1997–33 I.R.B. 50
97–41, 1997–33 I.R.B. 5
97–42, 1997–33 I.R.B. 57
Revenue Rulings:
97–27, 1997–27 I.R.B. 4
97–28, 1997–28 I.R.B. 4
97–29, 1997–28 I.R.B. 4
97–30, 1997–31 I.R.B.12
97–31, 1997–32 I.R.B.4
97–32, 1997–33 I.R.B. 4
97–33, 1997–34 I.R.B. 4
97–34, 1997–34 I.R.B. 14
Treasury Decisions:
8722, 1997–29 I.R.B. 4
8723, 1997–30 I.R.B. 4
8726, 1997–34 I.R.B. 7
8727, 1997–34 I.R.B. 5
1
Acumulative list of all revenue rulings, revenue
procedures, Treasury decisions, etc., published in
Internal Revenue Bulletins 1997–1 through 1997–26
will be found in Internal Revenue Bulletin 1997–27,
dated July 7, 1997.

1997–35 I.R.B.13September 2, 1997
Finding List of Current Action on
Previously Published Items
1
Bulletins 1997–27 through 1997–34
*Denotes entry since last publication
Revenue Procedures:
96–36
Superseded by
97–34, 1997–30 I.R.B. 14
96–42
Superseded by
97–27, 1997–27 I.R.B. 9
97–32
Modified and amplified by
97–32A, 1997–34 I.R.B. 10
Revenue Rulings:
89–42
Supplemented by
97–31, 1997–32 I.R.B. 4
1
Acumulative finding list for previously published
items mentioned in Internal Revenue Bulletins
1997–1 through 1997–26 will be found in Internal
Revenue Bulletin 1997–27, dated July 7, 1997.

September 2, 1997141997–35 I.R.B.
Index
Internal Revenue Bulletins
1997–27 Through 1997–34
For the index of items published during
the first six months of 1997, see I.R.B.
1997–27, dated July 7, 1997.
The abbreviation and number in pare n-
thesis following the index entry refer to
the specific item; numbers in roman and
italic type following the parenthesis refer
to the Internal Revenue Bulletin in which
the item may be found and the page
number on which it appears.
Key to Abbreviations:
RRRevenue Ruling
RPRevenue Procedure
TDTreasury Decision
CDCourt Decision
PLPublic Law
EOExecutive Order
DODelegation Order
TDOTreasury Department Order
TCTax Convention
SPRStatement of Procedural
Rules
P T EP rohibited Tr a n s a c t i o n
E x e m p t i o n
EMPLOYMENT TAX
Penalty:
Guidance regarding waiver of failure to
deposit penalty for certain taxpayers
required to begin using electronic
funds transfe r on or after July 1,
1997 (Notice 43) 30, 86
Railroad retirement:
Rate determination; quarterly (July 1,
1997) 28, 5
Regulations:
26 CFR 31.0–1(a), 31.0–3(f), amended;
31.6302–1(h), added; 31.6302–1(i),
redesignated; 31.6302–1T, removed;
31.6302(c)–3, amended; 31.6302–3T,
removed; federal tax deposits by elec-
tronic funds transfer (TD 8723) 30, 4
ESTATE TAX
Marital or charitable bequests (CtD 2062)
32, 8
EXCISE TAX
Group health plans; access, portability,
and renewability requirements; correc-
tion (Notice 41) 28, 6
Regulations:
2 6 C F R 4 0 . 6 3 0 2 ( c ) – 1 , am e n d e d ;
40.6302(c)–1T, removed; federal tax
deposits by electronic funds transfer
(TD 8723) 30, 4
INCOMETAX
Allocation of interest expense among tax-
payer’s expenditures (Notice 46) 34, 10
Depreciation:
Retail motor fuels outlet (RR29) 28, 4
Elections into mark-to-market account-
ing (Notice 37) 27, 8
Electronic or magnetic media filing:
Specifications for 1997 Forms 1098,
1099, 5498, and W–2G (RP 34) 30, 1 4
Employee plans:
F u n d i n g :
Full funding limitations, weighted av-
erage interest rate, July 1997 (No-
tice 44) 31, 1 5
Highly compensated employee, defini-
tion (Notice 45) 33, 7
O rganizations, functions, and authority
delegations; director, Employee Plans
Division (DO 172(Rev. 5)) 28, 6
Remedial amendment period extension
( R P41) 33, 5 1
Enhanced oil recovery credit for 1997
(Notice 39) 27, 8
Extension of time to file, Form 926 (No-
tice 42) 29, 12
Forms 1096, 1098, 10 99 series, 5498,
W – 2 G :
Reproduction of forms; RP 97–32, mod-
ified and amplified (RP 97–32A) 34,
1 0 ;Re quirements for reproducing
paper substitutes (RP27) 27, 9
Fringe benefits aircraft valuation formula
(RR 33) 34, 4
Interest:
I n v e s t m e n t :
Federal short-term, mid-term, and
long-term rates for July 1997 (RR 27)
27, 4; August 1997 (RR 30) 31, 1 2
International operation of ships and air-
craft; income exempt from tax (RR 31)
32, 4
Inventories:
LIFO:
Price indexe s, depa rtment s tore s,
May 1997 (RR 28) 28, 4; June 1997
(RR 32) 33, 4
Late S corporation elections (RP40) 33,
50
Low-income housing:
Bond factor amounts, July–September
1997 (RR 34) 34, 4
Tax credit (RP 42) 33, 57
M a rginal production rates for 1997 (No-
tice 38) 27, 8
Methods of accounting:
Automatic consent to change (RP3 7 )
33, 18
Last-in, first-out inventory method (RP
36) 33, 14
Original issue discount (RP 39) 33, 48
Package design costs (RP 35) 33, 11
Warranty contracts (RP 38) 33, 43
Proposed regulations:
26 CFR 1.411(d)–4, amended; permitted
elimination of preretirement optional
for ms ben efit ( RE G–107644–97)
3 2, 24
26 CFR 1.894–1(d), added; guidance
regarding claims for certain income
tax convention (REG–104893–97)
29, 13
Punitive damages for personal injuries
(CtD 2061) 31, 5
Regulations:
2 6 C F R 1 . 4 0 1 ( b ) – 1 , am e n d e d ;
1 . 4 0 1 ( b ) – 1 T, a d d e d ; re me d i a l
amendment period (TD 8727) 34, 5
26 CFR 1.501(c)(5)–1, amended; tax-
exempt organizations, requirements
(TD 8726) 34, 7
2 6 C F R 1 . 8 9 4 – 1 T ( a ) t h r o u g h ( c ) ,
added; guidance regarding claims for
certain income tax convention (TD
8722) 29, 4
2 6 CF R 1 . 6 3 0 2 – 1 , – 2 , am e n d e d ;
1.6302–1T, –2T, –3T, –4T, removed;
1 .6 30 2– 3(c ), r evi s e d; 1. 63 02 –4 ,
added; federal tax deposits by elec-
tronic funds transfer (TD 8723) 30, 4
Tax forms and instructions:
Electronic Federal Tax Payment Sys-
tem (EFTPS); electronic remittance
system for federal tax deposits and
payments (RP 33) 30, 10
Treatment of Hong Kong and China (No-
tice 40) 28, 6

INTERNAL REVENUE BULLETIN
The Introduction on page 3 describes the purpose and content of this publication. The weekly Internal Revenue Bulletin is sold
on a yearly subscription basis by the Superintendent of Documents. Current subscribers are notified by the Superintendent of
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CUMULATIVE BULLETINS
The contents of this weekly Bulletin are consolidated semiannually into a permanent, indexed, Cumulative Bulletin. These are
sold on a single copy basis and are not included as part of the subscription to the Internal Revenue Bulletin. Subscribers to the week-
ly Bulletin are notified when copies of the Cumulative Bulletin are available. Certain issues of Cumulative Bulletins are out of print
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HOW TO ORDER
Check the publications and/or subscription(s) desired on the reverse, complete the order blank, enclose the proper remittance,
detach entire page, and mail to the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. Please
allow two to six weeks, plus mailing time, for delivery.
WE WELCOME COMMENTS ABOUT THE
INTERNAL REVENUE BULLETIN
If you have comments concerning the format or production of the Internal Revenue Bulletin or suggestions for improving it, we
would be pleased to hear from you. You can e-mail us your suggestions or comments through the IRS Internet Home Page
(www.irs.ustreas.gov) or write to the IRS Bulletin Unit, T:FP:F:CD, Room 5560, 1111 Constitution Avenue NW, Washington, DC
20224. You can also leave a recorded message 24 hours a day, 7 days a week at 1–800–829–9043.
Internal Revenue Service
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Official Business
Penalty for Private Use, $300
First Class Mail
Postage and Fees Paid
IRS
Permit No. G–48

INTERNAL REVENUE BULLETIN
The Introduction on page 3 describes the purpose and content of this publication. The weekly Internal Revenue Bulletin is sold
on a yearly subscription basis by the Superintendent of Documents. Current subscribers are notified by the Superintendent of
Documents when their subscriptions must be renewed.
CUMULATIVE BULLETINS
The contents of this weekly Bulletin are consolidated semiannually into a permanent, indexed, Cumulative Bulletin. These are
sold on a single copy basis and are not included as part of the subscription to the Internal Revenue Bulletin. Subscribers to the week-
ly Bulletin are notified when copies of the Cumulative Bulletin are available. Certain issues of Cumulative Bulletins are out of print
and are not available. Persons desiring available Cumulative Bulletins, which are listed on the reverse, may purchase them from the
Superintendent of Documents.
HOW TO ORDER
Check the publications and/or subscription(s) desired on the reverse, complete the order blank, enclose the proper remittance,
detach entire page, and mail to the Superintendent of Documents, U.S. Government Printing Office, Washington, DC 20402. Please
allow two to six weeks, plus mailing time, for delivery.
WE WELCOME COMMENTS ABOUT THE
INTERNAL REVENUE BULLETIN
If you have comments concerning the format or production of the Internal Revenue Bulletin or suggestions for improving it, we
would be pleased to hear from you. You can e-mail us your suggestions or comments through the IRS Internet Home Page
(www.irs.ustreas.gov) or write to the IRS Bulletin Unit, T:FP:F:CD, Room 5560, 1111 Constitution Avenue NW, Washington, DC
20224. You can also leave a recorded message 24 hours a day, 7 days a week at 1–800–829–9043.
Superintendent of Documents
U.S. Government Printing Office
Washington, DC 20402
Official Business
Penalty for Private Use, $300
First Class Mail
Postage and Fees Paid
GPO
Permit No. G–26