us-irs-revenue-rulings-irb-2014-52-pdf•Internal Revenue Bulletin 2014-52 (PDF rendition): IRS Revenue Rulings
Internal Revenue Bulletin 2014-52 (PDF rendition): IRS Revenue Rulings
us-irs-revenue-rulings-irb-2014-52-pdfInternal Revenue Bulletin 2014-52 (PDF rendition): IRS Revenue RulingsGuidance
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.
<!-- PageHeader="Bulletin No. 2014-52 December 22, 2014" -->
# Internal Revenue bulletin
## 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.
## INCOME TAX
### Rev. Rul. 2014-29, page 960.
Interest rates: underpayment and overpayments. The rates for
interest determined under section 6621 of the code for the
calendar quarter beginning January 1, 2015, will be 3 percent for
overpayments (2 percent in the case of a corporation), 3 percent
for the underpayments, and 5 percent for large corporation un-
derpayments. The rate of interest paid on the portion of a corpo-
ration overpayment exceeding $10,000 will be 0.5 percent.
Rev. Rul. 2014-33, page 957.
2014 Base Period T-Bill Rate. The table of interest factors that
Rev. Rul. 2014-27 provided for compounding the "base period
T-bill rate" under section 995(f) of the Internal Revenue Code is
replaced by the table in this revenue ruling. Rev. Rul. 2014-27
modified.
## EMPLOYEE PLANS
### Rev. Rul. 2014-34, page 954.
2015 covered compensation tables; permitted disparity. The
covered compensation tables under section 401 of the Code
for the year 2015 are provided for use in determining contri-
butions to defined benefit plans and permitted disparity.
### Announcement 2014-41, page 979.
This announcement extends to June 30, 2015, the deadline for
submitting on-cycle applications for opinion and advisory let-
ters for pre-approved defined benefit plans for the plans' sec-
ond six-year remedial amendment cycle. This announcement
also provides a two day extension (from Saturday, January 31,
2015, to Monday, February 2, 2015) for Cycle D on-cycle
submissions (primarily individually designed plans including
multiemployer plans).
Finding Lists begin on page ii.
Index for July through December begins on page iv.
Department of the Treasury
Internal Revenue Service
### Notice 2014-77, page 974.
This notice contains the 2014 Cumulative List of Changes in
Plan Qualification Requirements (2014 Cumulative List) de-
scribed in section 4 of Rev. Proc. 2007-44, 2007-2 C.B. 54.
The 2014 Cumulative List is to be used by plan sponsors and
practitioners submitting determination letter applications for
plans during the period beginning February 1, 2015 and ending
January 31, 2016.
<!-- PageBreak -->
## The IRS Mission
Provide America's taxpayers top-quality service by helping
them understand and meet their tax responsibilities and en-
force the law with integrity and fairness to all.
## Introduction
The Internal Revenue Bulletin is the authoritative instrument of
the Commissioner of Internal Revenue for announcing official
rulings and procedures of the Internal Revenue Service and for
publishing Treasury Decisions, Executive Orders, Tax Conven-
tions, legislation, court decisions, and other items of general
interest. It is published weekly.
It is the policy of the Service to publish in the Bulletin all
substantive 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 internal
management are not published; however, statements of inter-
nal practices and procedures 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 offices, identify-
ing 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 Treasury Department Regulations, but they
may be used as precedents. Unpublished rulings will not be
relied on, used, or cited as precedents by Service personnel in
the disposition of other cases. In applying published rulings and
procedures, the effect of subsequent legislation, regulations,
court decisions, rulings, and procedures must be considered,
and Service personnel and others concerned are cautioned
against reaching the same conclusions 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 Other Related Items, and Subpart B, Legisla-
tion and Related Committee Reports.
Part III .- Administrative, Procedural, and Miscellaneous.
To the extent practicable, pertinent cross references to these
subjects are contained in the other Parts and Subparts. Also
included in this part are Bank Secrecy Act Administrative Rul-
ings. Bank Secrecy Act Administrative Rulings are issued by
the Department of the Treasury's Office of the Assistant Sec-
retary (Enforcement).
### Part IV .- Items of General Interest.
This part includes notices of proposed rulemakings, disbar-
ment and suspension lists, and announcements.
The last Bulletin for each month includes a cumulative index for
the matters published during the preceding months. These
monthly indexes are cumulated on a semiannual basis, and are
published in the last Bulletin of each semiannual period.
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.
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# Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
## Section 401 .- Qualified Pension, Profit-Sharing, and Stock Bonus Plans
26 CFR 1.401(1)-1: Permitted disparity in employer-
provided contributions or benefits
### Rev. Rul. 2014-34
This revenue ruling provides tables of
covered compensation under § 401(l)(5)(E)
of the Internal Revenue Code (the "Code")
and the Income Tax Regulations thereunder,
for the 2015 plan year.
Section 401(l)(5)(E)(i) of the Code de-
fines covered compensation with respect
to an employee as the average of the con-
tribution and benefit bases in effect under
section 230 of the Social Security Act (the
"Act") for each year in the 35-year period
ending with the year in which the employee
attains social security retirement age.
Section 401(l)(5)(E)(ii) of the Code
states that the determination for any year
preceding the year in which the employee
attains social security retirement age shall be
made by assuming that there is no increase
in covered compensation after the determi-
nation year and before the employee attains
social security retirement age.
Section 1.401(1)-1(c)(34) of the In-
come Tax Regulations (the “Regula-
tions") defines the taxable wage base as
the contribution and benefit base under
section 230 of the Act.
Section 1.401(1)-1(c)(7)(i) of the Reg-
ulations defines covered compensation for
an employee as the average (without in-
dexing) of the taxable wage bases in effect
for each calendar year during the 35-year
period ending with the last day of the
calendar year in which the employee at-
tains (or will attain) social security retire-
ment age. A 35-year period is used for all
individuals regardless of the year of birth
of the individual. In determining an em-
ployee's covered compensation for a plan
year, the taxable wage base for all calen-
dar years beginning after the first day of
the plan year is assumed to be the same as
the taxable wage base in effect as of the
beginning of the plan year. An employee's
covered compensation for a plan year be-
ginning after the 35-year period applica-
ble under § 1.401(1)-1(c)(7)(i) of the Reg-
ulations is the employee's covered
compensation for a plan year during
which the 35-year period ends. An em-
ployee's covered compensation for a plan
year beginning before the 35-year period
applicable under § 1.401(1)-1(c)(7)(i) of
the Regulations is the taxable wage base
in effect as of the beginning of the plan
year.
Section 1.401(1)-1(c)(7)(ii) of the Reg-
ulations provides that, for purposes of de-
termining the amount of an employee's
covered compensation under § 1.401(1)-
1(c)(7)(i) of the Regulations, a plan may
use tables, provided by the Commissioner,
that are developed by rounding the actual
amounts of covered compensation for dif-
ferent years of birth.
For purposes of determining covered
compensation for the 2015 year, the tax-
able wage base is $118,500.
The following tables provide covered
compensation for 2015.
#### ATTACHMENT I 2015 COVERED COMPENSATION TABLE
CALENDAR YEAR OF BIRTH
CALENDAR YEAR OF SOCIAL SECURITY RETIREMENT AGE
2015 COVERED COMPENSATION TABLE II
1907
1972
$ 4,488
1908
1973
4,704
1909
1974
5,004
1910
1975
5,316
1911
1976
5,664
1912
1977
6,060
1913
1978
6,480
1914
1979
7,044
1915
1980
7,692
1916
1981
8,460
1917
1982
9,300
1918
1983
10,236
1919
1984
11,232
1920
1985
12,276
1921
1986
13,368
1922
1987
14,520
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##### ATTACHMENT I
2015 COVERED COMPENSATION TABLE
CALENDAR YEAR OF BIRTH
CALENDAR YEAR OF SOCIAL SECURITY RETIREMENT AGE
2015 COVERED COMPENSATION TABLE II
1923
1988
15,708
1924
1989
16,968
1925
1990
18,312
1926
1991
19,728
1927
1992
21,192
1928
1993
22,716
1929
1994
24,312
1930
1995
25,920
1931
1996
27,576
1932
1997
29,304
1933
1998
31,128
1934
1999
33,060
1935
2000
35,100
1936
2001
37,212
1937
2002
39,444
1938
2004
43,992
1939
2005
46,344
1940
2006
48,816
1941
2007
51,348
1942
2008
53,952
1943
2009
56,628
1944
2010
59,268
1945
2011
61,884
1946
2012
64,560
1947
2013
67,308
1948
2014
69,996
1949
2015
72,636
1950
2016
75,180
1951
2017
77,640
1952
2018
80,004
1953
2019
82,308
1954
2020
84,564
1955
2022
88,884
1956
2023
90,984
1957
2024
93,000
1958
2025
94,920
1959
2026
96,780
1960
2027
98,580
1961
2028
100,320
1962
2029
101,964
1963
2030
103,608
1964
2031
105,204
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###### ATTACHMENT I
2015 COVERED COMPENSATION TABLE
CALENDAR YEAR OF BIRTH
CALENDAR YEAR OF SOCIAL SECURITY RETIREMENT AGE
2015 COVERED COMPENSATION TABLE II
1965
2032
106,716
1966
2033
108,144
1967
2034
109,464
1968
2035
110,664
1969
2036
111,756
1970
2037
112,716
1971
2038
113,616
1972
2039
114,492
1973
2040
115,308
1974
2041
116,004
1975
2042
116,604
1976
2043
117,072
1977
2044
117,408
1978
2045
117,744
1979
2046
118,080
1980
2047
118,320
1981
2048
118,452
1982 and Later
2049 and Later ATTACHMENT II
118,500
2015 ROUNDED COVERED COMPENSATION TABLE
CALENDAR YEAR OF BIRTH
2015 COVERED COMPENSATION ROUNDED
1937
$ 39,000
1938-1939
45,000
1940
48,000
1941
51,000
1942
54,000
1943
57,000
1944
60,000
1945
63,000
1946-1947
66,000
1948
69,000
1949
72,000
1950
75,000
1951
78,000
1952-1953
81,000
1954
84,000
1955-1956
90,000
1957
93,000
1958-1959
96,000
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# ATTACHMENT II
2015 ROUNDED COVERED COMPENSATION TABLE
CALENDAR
2015 COVERED COMPENSATION ROUNDED
YEAR OF BIRTH
1960-1961
99,000
1962
102,000
1963-1964
105,000
1965-1967
108,000
1968-1969
111,000
1970-1973
114,000
1974-1978
117,000
1979 and Later
118,500
# DRAFTING INFORMATION
The principal author of this revenue
ruling is Michael Spaid of the Employee
Plans, Tax Exempt and Government En-
tities Division. For further information
regarding this revenue ruling, please
contact the Employee Plans taxpayer as-
sistance telephone service at 1-877-829-
5500, between the hours of 8:30 a.m.
and 4:30 p.m. Eastern time, Monday
through Friday (a toll-free number). Mr.
Spaid may be reached via e-mail at
RetirementPlanQuestions@irs.gov.
# Section 995 .- Taxation of DISC Income to Shareholders
2014 Base Period T-Bill Rate. The ta-
ble of interest factors that Rev. Rul.
2014-27 provided for compounding the
"base period T-bill rate" under section
995(f) of the Internal Revenue Code is
replaced by the table in this revenue rul-
ing. Rev. Rul. 2014-27 modified.
## Rev. Rul. 2014-33
Rev. Rul. 2014-27, 2014-47 I.R.B.
832 provided the "base period T-bill rate"
under section 995(f) of the Internal Rev-
enue Code for the period ending Septem-
ber 30, 2014, and provided a table of base
period T-bill rate factors to reflect daily
compounding of the rate for any number
of days in a DISC shareholder's taxable
year. Due to a transcription error, Rev. Rul.
2014-27 overstated the factors (though
Rev. Rul. 2014-27 correctly stated the base
period T-bill rate itself) and cited section
6222 (rather than section 6622) as the stat-
ute that requires daily compounding of in-
terest. This ruling provides a corrected table
of factors and changes the statutory refer-
ence to section 6622.
EFFECT ON OTHER REVENUE
RULING(S)
Rev. Rul. 2014-27 is modified.
## DRAFTING INFORMATION
The principal author of this revenue
ruling is Anand Desai of the Office of
Associate Chief Counsel (International).
For further information regarding the rev-
enue ruling, contact Mr. Desai at (202)
317-6939 (not a toll-free number).
ANNUAL RATE,
COMPOUNDED DAILY
0.11 PERCENT
DAYS
FACTOR
1
.000003014
2
.000006027
3
.000009041
4
.000012055
5
.000015069
6
.000018082
7
.000021096
ANNUAL RATE,
COMPOUNDED DAILY
0.11 PERCENT
DAYS
FACTOR
8
.000024110
9
.000027124
10
.000030137
11
.000033151
12
.000036165
13
.000039179
14
.000042193
15
.000045206
16
.000048220
17
.000051234
18
.000054248
19
.000057262
20
.000060276
21
.000063290
22
.000066303
23
.000069317
24
.000072331
25
.000075345
26
.000078359
27
.000081373
28
.000084387
29
.000087401
30
.000090415
31
.000093429
32
.000096443
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<!-- PageBreak -->
ANNUAL RATE,
COMPOUNDED DAILY
ANNUAL RATE,
COMPOUNDED DAILY
ANNUAL RATE,
COMPOUNDED DAILY
0.11 PERCENT 0.11 PERCENT 0.11 PERCENT
DAYS
FACTOR
DAYS
FACTOR
DAYS
FACTOR
33
.000099457
73
.000220024
113
.000340605
34
.000102471
74
.000223038
114
.000343620
35
.000105485
75
.000226053
115
.000346635
36
.000108499
76
.000229067
116
.000349650
37
.000111513
77
.000232081
117
.000352664
38
.000114527
78
.000235096
118
.000355679
39
.000117541
79
.000238110
119
.000358694
40
.000120555
80
.000241125
120
.000361709
41
.000123569
81
.000244139
121
.000364723
42
.000126583
82
.000247153
122
.000367738
43
.000129597
83
.000250168
123
.000370753
44
.000132611
84
.000253182
124
.000373768
45
.000135625
85
.000256197
125
.000376783
46
.000138640
86
.000259211
126
.000379798
47
.000141654
87
.000262226
127
.000382812
48
.000144668
88
.000265240
128
.000385827
49
.000147682
89
.000268255
129
.000388842
50
.000150696
90
.000271269
130
.000391857
51
.000153710
91
.000274284
131
.000394872
52
.000156724
92
.000277298
132
.000397887
53
.000159739
93
.000280313
133
.000400902
54
.000162753
94
.000283327
134
.000403917
55
.000165767
95
.000286342
135
.000406931
56
.000168781
96
.000289356
136
.000409946
57
.000171795
97
.000292371
137
.000412961
58
.000174810
98
.000295386
138
.000415976
59
.000177824
99
.000298400
139
.000418991
60
.000180838
100
.000301415
140
.000422006
61
.000183852
101
.000304429
141
.000425021
62
.000186866
102
.000307444
142
.000428036
63
.000189881
103
.000310459
143
.000431051
64
.000192895
104
.000313473
144
.000434066
65
.000195909
105
.000316488
145
.000437081
66
.000198924
106
.000319503
146
.000440096
67
.000201938
107
.000322517
147
.000443111
68
.000204952
108
.000325532
148
.000446126
69
.000207967
109
.000328547
149
.000449141
70
.000210981
110
.000331561
150
.000452156
71
.000213995
111
.000334576
151
.000455171
72
.000217010
112
.000337591
152
.000458186
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ANNUAL RATE,
COMPOUNDED DAILY
### ANNUAL RATE, COMPOUNDED DAILY
ANNUAL RATE,
COMPOUNDED DAILY
0.11 PERCENT 0.11 PERCENT
0.11 PERCENT
DAYS
FACTOR
DAYS
FACTOR
DAYS
FACTOR
153
.000461202
193
.000581812
233
.000702437
154
.000464217
194
.000584828
234
.000705453
155
.000467232
195
.000587843
235
.000708469
156
.000470247
196
.000590859
236
.000711485
157
.000473262
197
.000593874
237
.000714501
158
.000476277
198
.000596889
238
.000717516
159
.000479292
199
.000599905
239
.000720532
160
.000482307
200
.000602921
240
.000723548
161
.000485322
201
.000605936
241
.000726564
162
.000488338
202
.000608952
242
.000729580
163
.000491353
203
.000611967
243
.000732596
164
.000494368
204
.000614983
244
.000735612
165
.000497383
205
.000617998
245
.000738628
166
.000500398
206
.000621014
246
.000741644
167
.000503414
207
.000624029
247
.000744660
168
.000506429
208
.000627045
248
.000747676
169
.000509444
209
.000630060
249
.000750691
170
.000512459
210
.000633076
250
.000753707
171
.000515475
211
.000636092
251
.000756723
172
.000518490
212
.000639107
252
.000759739
173
.000521505
213
.000642123
253
.000762755
174
.000524520
214
.000645139
254
.000765771
175
.000527536
215
.000648154
255
.000768787
176
.000530551
216
.000651170
256
.000771803
177
.000533566
217
.000654186
257
.000774819
178
.000536581
218
.000657201
258
.000777835
179
.000539597
219
.000660217
259
.000780851
180
.000542612
220
.000663233
260
.000783868
181
.000545627
221
.000666248
261
.000786884
182
.000548643
222
.000669264
262
.000789900
183
.000551658
223
.000672280
263
.000792916
184
.000554673
224
.000675295
264
.000795932
185
.000557689
225
.000678311
265
.000798948
186
.000560704
226
.000681327
266
.000801964
187
.000563720
227
.000684343
267
.000804980
188
.000566735
228
.000687358
268
.000807996
189
.000569750
229
.000690374
269
.000811012
190
.000572766
230
.000693390
270
.000814029
191
.000575781
231
.000696406
271
.000817045
192
.000578797
232
.000699422
272
.000820061
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ANNUAL RATE,
COMPOUNDED DAILY
ANNUAL RATE,
COMPOUNDED DAILY
ANNUAL RATE,
COMPOUNDED DAILY
0.11 PERCENT
0.11 PERCENT
0.11 PERCENT
DAYS
FACTOR
DAYS
FACTOR
DAYS
FACTOR
273
.000823077
313
.000943731
353
.001064400
274
.000826093
314
.000946748
354
.001067417
275
.000829109
315
.000949764
355
.001070434
276
.000832126
316
.000952781
356
.001073451
277
.000835142
317
.000955798
357
.001076468
278
.000838158
318
.000958814
358
.001079485
279
.000841174
319
.000961831
359
.001082502
280
.000844190
320
.000964847
360
.001085519
281
.000847207
321
.000967864
361
.001088536
282
.000850223
322
.000970880
362
.001091553
283
.000853239
323
.000973897
363
.001094570
284
.000856255
324
.000976914
364
.001097587
285
.000859272
325
.000979930
365
.001100604
286
.000862288
326
.000982947
366
.001103621
287
.000865304
327
.000985964
367
.001106638
288
.000868321
328
.000988980
368
.001109655
289
.000871337
329
.000991997
369
.001112672
290
.000874353
330
.000995014
370
.001115689
291
.000877370
331
.000998030
371
.001118706
292
.000880386
332
.001001047
293
.000883402
333
.001004064
294
.000886419
334
.001007081
Section 6621 .-
295
.000889435
335
.001010097
Determination of Rate of
296
.000892451
336
.001013114
Interest
297
.000895468
337
.001016131
26 CFR 301.6621-1: Interest rate.
298
.000898484
338
.001019148
299
.000901501
339
.001022164
Rev. Rul. 2014-29
300
.000904517
340
.001025181
Section 6621
of the Internal Revenue
301
.000907533
341
.001028198
Code establishes the interest rates on
302
.000910550
342
.001031215
overpayments and underpayments of tax.
303
.000913566
343
.001034232
Under section ment rate is the
6621(a)(1), the overpay- sum of the federal short-
304
.000916583
344
.001037248
term rate plus 3 percentage points (2 per-
305
.000919599
345
.001040265
centage points in the case of a
306
.000922616
346
.001043282
corporation), except the rate for the por- tion of a corporate overpayment of tax
307
.000925632
347
.001046299
exceeding $10,000
for a taxable period is
308
.000928649
348
.001049316
the sum of the federal
short-term rate plus
309
.000931665
349
.001052333
0.5 of a percentage
point. Under section
310
.000934682
350
.001055349
6621(a)(2), the sum of the federal
underpayment rate is the short-term rate plus 3
311
.000937698
351
.001058366
percentage points.
312
.000940715
352
.001061383
Section 6621(c) provides that for pur- poses of interest payable under section
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6601 on any large corporate underpay-
ment, the underpayment rate under section
6621(a)(2) is determined by substituting
"5 percentage points" for "3 percentage
points." See section 6621(c) and section
301.6621-3 of the Regulations on Proce-
dure and Administration for the definition
of a large corporate underpayment and for
the rules for determining the applicable
date. Section 6621(c) and section
301.6621-3 are generally effective for pe-
riods after December 31, 1990.
Section 6621(b)(1) provides that the
Secretary will determine the federal short-
term rate for the first month in each cal-
endar quarter. Section 6621(b)(2)(A) pro-
vides that the federal short-term rate
determined under section 6621(b)(1) for
any month applies during the first calen-
dar quarter beginning after that month.
Section 6621(b)(2)(B) provides that in de-
termining the addition to tax under section
6654 for failure to pay estimated tax for
any taxable year, the federal short-term
rate that applies during the third month
following the taxable year also applies
during the first 15 days of the 4th month
following the taxable year. Section
6621(b)(3) provides that the federal short-
term rate for any month is the federal
short-term rate determined during that
month by the Secretary in accordance
with section 1274(d), rounded to the near-
est full percent (or, if a multiple of 1/2 of
1 percent, the rate is increased to the next
highest full percent).
Notice 88-59, 1988-1 C.B. 546, an-
nounced that in determining the quarterly
interest rates to be used for overpayments
and underpayments of tax under section
6621, the Internal Revenue Service will
use the federal short-term rate based on
daily compounding because that rate is
most consistent with section 6621 which,
pursuant to section 6622, is subject to
daily compounding.
The federal short-term rate determined
in accordance with section 1274(d) during
October 2014 is the rate published in Rev-
enue Ruling 2014-28, 2014-45 IRB 756
to take effect beginning November 1,
2014. The federal short-term rate, rounded
to the nearest full percent, based on daily
compounding determined during the
month of October 2014 is 0 percent. Ac-
cordingly, an overpayment rate of 3 per-
cent (2 percent in the case of a corpora-
tion) and an underpayment rate of 3
percent are established for the calendar
quarter beginning January 1, 2015. The
overpayment rate for the portion of a cor-
porate overpayment exceeding $10,000
for the calendar quarter beginning January
1, 2015 is 0.5 percent. The underpayment
rate for large corporate underpayments for
the calendar quarter beginning January 1,
2015, is 5 percent. These rates apply to
amounts bearing interest during that cal-
endar quarter.
The 3 percent rate also applies to esti-
mated tax underpayments for the first cal-
endar quarter in 2015.
Interest factors for daily compound
interest for annual rates of 0.5 percent
are published in Appendix A of this
Revenue Ruling. Interest factors for
daily compound interest for annual rates
of 2 percent, 3 percent and 5 percent are
published in Tables 9, 11, and 15 of
Rev. Proc. 95-17, 1995-1 C.B. 563,
565, and 569.
Annual interest rates to be compounded
daily pursuant to section 6622 that apply for
prior periods are set forth in the tables ac-
companying this revenue ruling.
## DRAFTING INFORMATION
The principal author of this revenue
ruling is Deborah Colbert-James of the
Office of Associate Chief Counsel (Proce-
dure & Administration). For further infor-
mation regarding this revenue ruling, con-
tact Ms. Colbert-James at (202) 317-3400
(not a toll-free call).
APPENDIX A
365 Day Year
Days
0.5% Compound Rate 184 Days
Factor
Factor
Days
Factor
Days
1
0.000013699
63
0.000863380
125
0.001713784
2
0.000027397
64
0.000877091
126
0.001727506
3
0.000041096
65
0.000890801
127
0.001741228
4
0.000054796
66
0.000904512
128
0.001754951
5
0.000068495
67
0.000918223
129
0.001768673
6
0.000082195
68
0.000931934
130
0.001782396
7
0.000095894
69
0.000945646
131
0.001796119
8
0.000109594
70
0.000959357
132
0.001809843
9
0.000123294
71
0.000973069
133
0.001823566
10
0.000136995
72
0.000986781
134
0.001837290
11
0.000150695
73
0.001000493
135
0.001851013
12
0.000164396
74
0.001014206
136
0.001864737
13
0.000178097
75
0.001027918
137
0.001878462
14
0.000191798
76
0.001041631
138
0.001892186
15
0.000205499
77
0.001055344
139
0.001905910
16
0.000219201
78
0.001069057
140
0.001919635
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365 Day Year
0.5% Compound Rate 184 Days
Days
Factor
Days
Factor
Days
Factor
17
0.000232902
79
0.001082770
141
0.001933360
18
0.000246604
80
0.001096484
142
0.001947085
19
0.000260306
81
0.001110197
143
0.001960811
20
0.000274008
82
0.001123911
144
0.001974536
21
0.000287711
83
0.001137625
145
0.001988262
22
0.000301413
84
0.001151339
146
0.002001988
23
0.000315116
85
0.001165054
147
0.002015714
24
0.000328819
86
0.001178768
148
0.002029440
25
0.000342522
87
0.001192483
149
0.002043166
26
0.000356225
88
0.001206198
150
0.002056893
27
0.000369929
89
0.001219913
151
0.002070620
28
0.000383633
90
0.001233629
152
0.002084347
29
0.000397336
91
0.001247344
153
0.002098074
30
0.000411041
92
0.001261060
154
0.002111801
31
0.000424745
93
0.001274776
155
0.002125529
32
0.000438449
94
0.001288492
156
0.002139257
33
0.000452154
95
0.001302208
157
0.002152985
34
0.000465859
96
0.001315925
158
0.002166713
35
0.000479564
97
0.001329641
159
0.002180441
36
0.000493269
98
0.001343358
160
0.002194169
37
0.000506974
99
0.001357075
161
0.002207898
38
0.000520680
100
0.001370792
162
0.002221627
39
0.000534386
101
0.001384510
163
0.002235356
40
0.000548092
102
0.001398227
164
0.002249085
41
0.000561798
103
0.001411945
165
0.002262815
42
0.000575504
104
0.001425663
166
0.002276544
43
0.000589211
105
0.001439381
167
0.002290274
44
0.000602917
106
0.001453100
168
0.002304004
45
0.000616624
107
0.001466818
169
0.002317734
46
0.000630331
108
0.001480537
170
0.002331465
47
0.000644039
109
0.001494256
171
0.002345195
48
0.000657746
110
0.001507975
172
0.002358926
49
0.000671454
111
0.001521694
173
0.002372657
50
0.000685161
112
0.001535414
174
0.002386388
51
0.000698869
113
0.001549133
175
0.002400120
52
0.000712578
114
0.001562853
176
0.002413851
53
0.000726286
115
0.001576573
177
0.002427583
54
0.000739995
116
0.001590293
178
0.002441315
55
0.000753703
117
0.001604014
179
0.002455047
56
0.000767412
118
0.001617734
180
0.002468779
57
0.000781121
119
0.001631455
181
0.002482511
58
0.000794831
120
0.001645176
182
0.002496244
59
0.000808540
121
0.001658897
183
0.002509977
60
0.000822250
122
0.001672619
184
0.002523710
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365 Day Year
0.5% Compound Rate 184 Days
366 Day Year 0.5% Compound Rate 184 Days
Days
Factor
Days
Factor
Days
Factor
61
0.000835960
123
0.001686340
62
0.000849670
124
0.001700062
Days
Factor
Days
Factor
Days
Factor
1
0.000013661
63
0.000861020
125
0.001709097
2
0.000027323
64
0.000874693
126
0.001722782
3
0.000040984
65
0.000888366
127
0.001736467
4
0.000054646
66
0.000902040
128
0.001750152
5
0.000068308
67
0.000915713
129
0.001763837
6
0.000081970
68
0.000929387
130
0.001777522
7
0.000095632
69
0.000943061
131
0.001791208
8
0.000109295
70
0.000956735
132
0.001804893
9
0.000122958
71
0.000970409
133
0.001818579
10
0.000136620
72
0.000984084
134
0.001832265
11
0.000150283
73
0.000997758
135
0.001845951
12
0.000163947
74
0.001011433
136
0.001859638
13
0.000177610
75
0.001025108
137
0.001873324
14
0.000191274
76
0.001038783
138
0.001887011
15
0.000204938
77
0.001052459
139
0.001900698
16
0.000218602
78
0.001066134
140
0.001914385
17
0.000232266
79
0.001079810
141
0.001928073
18
0.000245930
80
0.001093486
142
0.001941760
19
0.000259595
81
0.001107162
143
0.001955448
20
0.000273260
82
0.001120839
144
0.001969136
21
0.000286924
83
0.001134515
145
0.001982824
22
0.000300590
84
0.001148192
146
0.001996512
23
0.000314255
85
0.001161869
147
0.002010201
24
0.000327920
86
0.001175546
148
0.002023889
25
0.000341586
87
0.001189223
149
0.002037578
26
0.000355252
88
0.001202900
150
0.002051267
27
0.000368918
89
0.001216578
151
0.002064957
28
0.000382584
90
0.001230256
152
0.002078646
29
0.000396251
91
0.001243934
153
0.002092336
30
0.000409917
92
0.001257612
154
0.002106025
31
0.000423584
93
0.001271291
155
0.002119715
32
0.000437251
94
0.001284969
156
0.002133405
33
0.000450918
95
0.001298648
157
0.002147096
34
0.000464586
96
0.001312327
158
0.002160786
35
0.000478253
97
0.001326006
159
0.002174477
36
0.000491921
98
0.001339685
160
0.002188168
37
0.000505589
99
0.001353365
161
0.002201859
38
0.000519257
100
0.001367044
162
0.002215550
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366 Day Year 0.5% Compound Rate 184 Days
Days
Factor
Days
Factor
Days
Factor
39
0.000532925
101
0.001380724
163
0.002229242
40
0.000546594
102
0.001394404
164
0.002242933
41
0.000560262
103
0.001408085
165
0.002256625
42
0.000573931
104
0.001421765
166
0.002270317
43
0.000587600
105
0.001435446
167
0.002284010
44
0.000601269
106
0.001449127
168
0.002297702
45
0.000614939
107
0.001462808
169
0.002311395
46
0.000628608
108
0.001476489
170
0.002325087
47
0.000642278
109
0.001490170
171
0.002338780
48
0.000655948
110
0.001503852
172
0.002352473
49
0.000669618
111
0.001517533
173
0.002366167
50
0.000683289
112
0.001531215
174
0.002379860
51
0.000696959
113
0.001544897
175
0.002393554
52
0.000710630
114
0.001558580
176
0.002407248
53
0.000724301
115
0.001572262
177
0.002420942
54
0.000737972
116
0.001585945
178
0.002434636
55
0.000751643
117
0.001599628
179
0.002448331
56
0.000765315
118
0.001613311
180
0.002462025
57
0.000778986
119
0.001626994
181
0.002475720
58
0.000792658
120
0.001640678
182
0.002489415
59
0.000806330
121
0.001654361
183
0.002503110
60
0.000820003
122
0.001668045
184
0.002516806
61
0.000833675
123
0.001681729
62
0.000847348
124
0.001695413
TABLE OF INTEREST RATES PERIODS BEFORE JUL. 1, 1975 - PERIODS ENDING DEC. 31, 1986 OVERPAYMENTS AND UNDERPAYMENTS
PERIOD
RATE
In 1995-1 C.B. DAILY RATE TABLE
Before Jul. 1, 1975
6%
Table 2, pg. 557
Jul. 1, 1975-Jan. 31, 1976
9%
Table 4, pg. 559
Feb. 1, 1976-Jan. 31, 1978
7%
Table 3, pg. 558
Feb. 1, 1978-Jan. 31, 1980
6%
Table 2, pg. 557
Feb. 1, 1980-Jan. 31, 1982
12%
Table 5, pg. 560
Feb. 1, 1982-Dec. 31, 1982
20%
Table 6, pg. 560
Jan. 1, 1983-Jun. 30, 1983
16%
Table 37, pg. 591
Jul. 1, 1983-Dec. 31, 1983
11%
Table 27, pg. 581
Jan. 1, 1984-Jun. 30, 1984
11%
Table 75, pg. 629
Jul. 1, 1984-Dec. 31, 1984
11%
Table 75, pg. 629
Jan. 1, 1985-Jun. 30, 1985
13%
Table 31, pg. 585
Jul. 1, 1985-Dec. 31, 1985
11%
Table 27, pg. 581
Jan. 1, 1986-Jun. 30, 1986
10%
Table 25, pg. 579
Jul. 1, 1986-Dec. 31, 1986
9%
Table 23, pg. 577
<!-- PageFooter="December 22, 2014" -->
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<!-- PageBreak -->
TABLE OF INTEREST RATES FROM JAN. 1, 1987 - DEC. 31, 1998
OVERPAYMENTS
UNDERPAYMENTS
RATE
1995-1 C.B. TABLE
PG
RATE
1995-1 C.B. TABLE
PG
Jan. 1, 1987-Mar. 31, 1987
8%
21
575
9%
23
577
Apr. 1, 1987-Jun. 30, 1987
8%
21
575
9%
23
577
Jul. 1, 1987-Sep. 30, 1987
8%
21
575
9%
23
577
Oct. 1, 1987-Dec. 31, 1987
9%
23
577
10%
25
579
Jan. 1, 1988-Mar. 31, 1988
10%
73
627
11%
75
629
Apr. 1, 1988-Jun. 30, 1988
9%
71
625
10%
73
627
Jul. 1, 1988-Sep. 30, 1988
9%
71
625
10%
73
627
Oct. 1, 1988-Dec. 31, 1988
10%
73
627
11%
75
629
Jan. 1, 1989-Mar. 31, 1989
10%
25
579
11%
27
581
Apr. 1, 1989-Jun. 30, 1989
11%
27
581
12%
29
583
Jul. 1, 1989-Sep. 30, 1989
11%
27
581
12%
29
583
Oct. 1, 1989-Dec. 31, 1989
10%
25
579
11%
27
581
Jan. 1, 1990-Mar. 31, 1990
10%
25
579
11%
27
581
Apr. 1, 1990-Jun. 30, 1990
10%
25
579
11%
27
581
Jul. 1, 1990-Sep. 30, 1990
10%
25
579
11%
27
581
Oct. 1, 1990-Dec. 31, 1990
10%
25
579
11%
27
581
Jan. 1, 1991-Mar. 31, 1991
10%
25
579
11%
27
581
Apr. 1, 1991-Jun. 30, 1991
9%
23
577
10%
25
579
Jul. 1, 1991-Sep. 30, 1991
9%
23
577
10%
25
579
Oct. 1, 1991-Dec. 31, 1991
9%
23
577
10%
25
579
Jan. 1, 1992-Mar. 31, 1992
8%
69
623
9%
71
625
Apr. 1, 1992-Jun. 30, 1992
7%
67
621
8%
69
623
Jul. 1, 1992-Sep. 30, 1992
7%
67
621
8%
69
623
Oct. 1, 1992-Dec. 31, 1992
6%
65
619
7%
67
621
Jan. 1, 1993-Mar. 31, 1993
6%
17
571
7%
19
573
Apr. 1, 1993-Jun. 30, 1993
6%
17
571
7%
19
573
Jul. 1, 1993-Sep. 30, 1993
6%
17
571
7%
19
573
Oct. 1, 1993-Dec. 31, 1993
6%
17
571
7%
19
573
Jan. 1, 1994-Mar. 31, 1994
6%
17
571
7%
19
573
Apr. 1, 1994-Jun. 30, 1994
6%
17
571
7%
19
573
Jul. 1, 1994-Sep. 30, 1994
7%
19
573
8%
21
575
Oct. 1, 1994-Dec. 31, 1994
8%
21
575
9%
23
577
Jan. 1, 1995-Mar. 31, 1995
8%
21
575
9%
23
577
Apr. 1, 1995-Jun. 30, 1995
9%
23
577
10%
25
579
Jul. 1, 1995-Sep. 30, 1995
8%
21
575
9%
23
577
Oct. 1, 1995-Dec. 31, 1995
8%
21
575
9%
23
577
Jan. 1, 1996-Mar. 31, 1996
8%
69
623
9%
71
625
Apr. 1, 1996-Jun. 30, 1996
7%
67
621
8%
69
623
Jul. 1, 1996-Sep. 30, 1996
8%
69
623
9%
71
625
Oct. 1, 1996-Dec. 31, 1996
8%
69
623
9%
71
625
Jan. 1, 1997-Mar. 31, 1997
8%
21
575
9%
23
577
Apr. 1, 1997-Jun. 30, 1997
8%
21
575
9%
23
577
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<!-- PageBreak -->
TABLE OF INTEREST RATES FROM JANUARY 1, 1999 - PRESENT NONCORPORATE OVERPAYMENTS AND UNDERPAYMENTS
TABLE OF INTEREST RATES
FROM JAN. 1, 1987 - DEC. 31, 1998 OVERPAYMENTS
UNDERPAYMENTS
RATE
1995-1 C.B. TABLE
PG
RATE
1995-1 C.B. TABLE PG
Jul. 1, 1997-Sep. 30, 1997
8%
21
575
9%
23
577
Oct. 1, 1997-Dec. 31, 1997
8%
21
575
9%
23
577
Jan. 1, 1998-Mar. 31, 1998
8%
21
575
9%
23
577
Apr. 1, 1998-Jun. 30, 1998
7%
19
573
8%
21
575
Jul. 1, 1998-Sep. 30, 1998
7%
19
573
8%
21
575
Oct. 1, 1998-Dec. 31, 1998
7%
19
573
8%
21
575
RATE
1995-1 C.B. TABLE
PAGE
Jan. 1, 1999-Mar. 31, 1999
7%
19
573
Apr. 1, 1999-Jun. 30, 1999
8%
21
575
Jul. 1, 1999-Sep. 30, 1999
8%
21
575
Oct. 1, 1999-Dec. 31, 1999
8%
21
575
Jan. 1, 2000-Mar. 31, 2000
8%
69
623
Apr. 1, 2000-Jun. 30, 2000
9%
71
625
Jul. 1, 2000-Sep. 30, 2000
9%
71
625
Oct. 1, 2000-Dec. 31, 2000
9%
71
625
Jan. 1, 2001-Mar. 31, 2001
9%
23
577
Apr. 1, 2001-Jun. 30, 2001
8%
21
575
Jul. 1, 2001-Sep. 30, 2001
7%
19
573
Oct. 1, 2001-Dec. 31, 2001
7%
19
573
Jan. 1, 2002-Mar. 31, 2002
6%
17
571
Apr. 1, 2002-Jun. 30, 2002
6%
17
571
Jul. 1, 2002-Sep. 30, 2002
6%
17
571
Oct. 1, 2002-Dec. 31, 2002
6%
17
571
Jan. 1, 2003-Mar. 31, 2003
5%
15
569
Apr. 1, 2003-Jun. 30, 2003
5%
15
569
Jul. 1, 2003-Sep. 30, 2003
5%
15
569
Oct. 1, 2003-Dec. 31, 2003
4%
13
567
Jan. 1, 2004-Mar. 31, 2004
4%
61
615
Apr. 1, 2004-Jun. 30, 2004
5%
63
617
Jul. 1, 2004-Sep. 30, 2004
4%
61
615
Oct. 1, 2004-Dec. 31, 2004
5%
63
617
Jan. 1, 2005-Mar. 31, 2005
5%
15
569
Apr. 1, 2005-Jun. 30, 2005
6%
17
571
Jul. 1, 2005-Sep. 30, 2005
6%
17
571
Oct. 1, 2005-Dec. 31, 2005
7%
19
573
Jan. 1, 2006-Mar. 31, 2006
7%
19
573
Apr. 1, 2006-Jun. 30, 2006
7%
19
573
<!-- PageFooter="December 22, 2014" -->
<!-- PageFooter="Bulletin No. 2014-52" -->
<!-- PageBreak -->
# TABLE OF INTEREST RATES FROM JANUARY 1, 1999 - PRESENT NONCORPORATE OVERPAYMENTS AND UNDERPAYMENTS
RATE
1995-1 C.B. TABLE
PAGE
Jul. 1, 2006-Sep. 30, 2006
8%
21
575
Oct. 1, 2006-Dec. 31, 2006
8%
21
575
Jan. 1, 2007-Mar. 31, 2007
8%
21
575
Apr. 1, 2007-Jun. 30, 2007
8%
21
575
Jul. 1, 2007-Sep. 30, 2007
8%
21
575
Oct. 1, 2007-Dec. 31, 2007
8%
21
575
Jan. 1, 2008-Mar. 31, 2008
7%
67
621
Apr. 1, 2008-Jun. 30, 2008
6%
65
619
Jul. 1, 2008-Sep. 30, 2008
5%
63
617
Oct. 1, 2008-Dec. 31, 2008
6%
65
619
Jan. 1, 2009-Mar. 31, 2009
5%
15
569
Apr. 1, 2009-Jun. 30, 2009
4%
13
567
Jul. 1, 2009-Sep. 30, 2009
4%
13
567
Oct. 1, 2009-Dec. 31, 2009
4%
13
567
Jan. 1, 2010-Mar. 31, 2010
4%
13
567
Apr. 1, 2010-Jun. 30, 2010
4%
13
567
Jul. 1, 2010-Sep. 30, 2010
4%
13
567
Oct. 1, 2010-Dec. 31, 2010
4%
13
567
Jan. 1, 2011-Mar. 31, 2011
3%
11
565
Apr. 1, 2011-Jun. 30, 2011
4%
13
567
Jul. 1, 2011-Sep. 30, 2011
4%
13
567
Oct. 1, 2011-Dec. 31, 2011
3%
11
565
Jan. 1, 2012-Mar. 31, 2012
3%
59
613
Apr. 1, 2012-Jun. 30, 2012
3%
59
613
Jul. 1, 2012-Sep. 30, 2012
3%
59
613
Oct. 1, 2012-Dec. 31, 2012
3%
59
613
Jan. 1, 2013-Mar. 31, 2013
3%
11
565
Apr. 1, 2013-Jun. 30, 2013
3%
11
565
Jul. 1, 2013-Sep. 30, 2013
3%
11
565
Oct. 1, 2013-Dec. 31, 2013
3%
11
565
Jan. 1, 2014-Mar. 31, 2014
3%
11
565
Apr. 1, 2014-Jun. 30, 2014
3%
11
565
Jul. 1, 2014-Sep. 30, 2014
3%
11
565
Oct. 1, 2014-Dec. 31, 2014
3%
11
565
Jan. 1, 2015-Mar. 31, 2015
3%
11
565
<!-- PageFooter="Bulletin No. 2014-52" -->
<!-- PageFooter="December 22, 2014" -->
<!-- PageBreak -->
# TABLE OF INTEREST RATES FROM JANUARY 1, 1999 - PRESENT CORPORATE OVERPAYMENTS AND UNDERPAYMENTS
OVERPAYMENTS
UNDERPAYMENTS
RATE
1995-1 C.B. TABLE
PG
RATE
1995-1 C.B. TABLE
PG
Jan. 1, 1999-Mar. 31, 1999
6%
17
571
7%
19
573
Apr. 1, 1999-Jun. 30, 1999
7%
19
573
8%
21
575
Jul. 1, 1999-Sep. 30, 1999
7%
19
573
8%
21
575
Oct. 1, 1999-Dec. 31, 1999
7%
19
573
8%
21
575
Jan. 1, 2000-Mar. 31, 2000
7%
67
621
8%
69
623
Apr. 1, 2000-Jun. 30, 2000
8%
69
623
9%
71
625
Jul. 1, 2000-Sep. 30, 2000
8%
69
623
9%
71
625
Oct. 1, 2000-Dec. 31, 2000
8%
69
623
9%
71
625
Jan. 1, 2001-Mar. 31, 2001
8%
21
575
9%
23
577
Apr. 1, 2001-Jun. 30, 2001
7%
19
573
8%
21
575
Jul. 1, 2001-Sep. 30, 2001
6%
17
571
7%
19
573
Oct. 1, 2001-Dec. 31, 2001
6%
17
571
7%
19
573
Jan. 1, 2002-Mar. 31, 2002
5%
15
569
6%
17
571
Apr. 1, 2002-Jun. 30, 2002
5%
15
569
6%
17
571
Jul. 1, 2002-Sep. 30, 2002
5%
15
569
6%
17
571
Oct. 1, 2002-Dec. 31, 2002
5%
15
569
6%
17
571
Jan. 1, 2003-Mar. 31, 2003
4%
13
567
5%
15
569
Apr. 1, 2003-Jun. 30, 2003
4%
13
567
5%
15
569
Jul. 1, 2003-Sep. 30, 2003
4%
13
567
5%
15
569
Oct. 1, 2003-Dec. 31, 2003
3%
11
565
4%
13
567
Jan. 1, 2004-Mar. 31, 2004
3%
59
613
4%
61
615
Apr. 1, 2004-Jun. 30, 2004
4%
61
615
5%
63
617
Jul. 1, 2004-Sep. 30, 2004
3%
59
613
4%
61
615
Oct. 1, 2004-Dec. 31, 2004
4%
61
615
5%
63
617
Jan. 1, 2005-Mar. 31, 2005
4%
13
567
5%
15
569
Apr. 1, 2005-Jun. 30, 2005
5%
15
569
6%
17
571
Jul. 1, 2005-Sep. 30, 2005
5%
15
569
6%
17
571
Oct. 1, 2005-Dec. 31, 2005
6%
17
571
7%
19
573
Jan. 1, 2006-Mar. 31, 2006
6%
17
571
7%
19
573
Apr. 1, 2006-Jun. 30, 2006
6%
17
571
7%
19
573
Jul. 1, 2006-Sep. 30, 2006
7%
19
573
8%
21
575
Oct. 1, 2006-Dec. 31, 2006
7%
19
573
8%
21
575
Jan. 1, 2007-Mar. 31, 2007
7%
19
573
8%
21
575
Apr. 1, 2007-Jun. 30, 2007
7%
19
573
8%
21
575
Jul. 1, 2007-Sep. 30, 2007
7%
19
573
8%
21
575
Oct. 1, 2007-Dec. 31, 2007
7%
19
573
8%
21
575
Jan. 1, 2008-Mar. 31, 2008
6%
65
619
7%
67
621
Apr. 1, 2008-Jun. 30, 2008
5%
63
617
6%
65
619
Jul. 1, 2008-Sep. 30, 2008
4%
61
615
5%
63
617
Oct. 1, 2008-Dec. 31, 2008
5%
63
617
6%
65
619
Jan. 1, 2009-Mar. 31, 2009
4%
13
567
5%
15
569
<!-- PageFooter="December 22, 2014" -->
<!-- PageFooter="Bulletin No. 2014-52" -->
<!-- PageBreak -->
## TABLE OF INTEREST RATES FROM JANUARY 1, 1999 - PRESENT CORPORATE OVERPAYMENTS AND UNDERPAYMENTS
OVERPAYMENTS
UNDERPAYMENTS
RATE
1995-1 C.B. TABLE
PG
RATE
1995-1 C.B. TABLE
PG
Apr. 1, 2009-Jun. 30, 2009
3%
11
565
4%
13
567
Jul. 1, 2009-Sep. 30, 2009
3%
11
565
4%
13
567
Oct. 1, 2009-Dec. 31, 2009
3%
11
565
4%
13
567
Jan. 1, 2010-Mar. 31, 2010
3%
11
565
4%
13
567
Apr. 1, 2010-Jun. 30, 2010
3%
11
565
4%
13
567
Jul. 1, 2010-Sep. 30, 2010
3%
11
565
4%
13
567
Oct. 1, 2010-Dec. 31, 2010
3%
11
565
4%
13
567
Jan. 1, 2011-Mar. 31, 2011
2%
9
563
3%
11
565
Apr. 1, 2011-Jun. 30, 2011
3%
11
565
4%
13
567
Jul. 1, 2011-Sep. 30, 2011
3%
11
565
4%
13
567
Oct. 1, 2011-Dec. 31, 2011
2%
9
563
3%
11
565
Jan. 1, 2012-Mar. 31, 2012
2%
57
611
3%
59
613
Apr. 1, 2012-Jun. 30, 2012
2%
57
611
3%
59
613
Jul. 1, 2012-Sep. 30, 2012
2%
57
611
3%
59
613
Oct. 1, 2012-Dec. 31, 2012
2%
57
611
3%
59
613
Jan. 1, 2013-Mar. 31, 2013
2%
9
563
3%
11
565
Apr. 1, 2013-Jun. 30, 2013
2%
9
563
3%
11
565
Jul. 1, 2013-Sep. 30, 2013
2%
9
563
3%
11
565
Oct. 1, 2013-Dec. 31, 2013
2%
9
563
3%
11
565
Jan. 1, 2014-Mar. 31, 2014
2%
9
563
3%
11
565
Apr. 1, 2014-Jun. 30, 2014
2%
9
563
3%
11
565
Jul. 1, 2014-Sep. 30, 2014
2%
9
563
3%
11
565
Oct. 1, 2014-Dec. 31, 2014
2%
9
563
3%
11
565
Jan. 1, 2015-Mar. 31, 2015
2%
9
563
3%
11
565
TABLE OF INTEREST RATES FOR LARGE CORPORATE UNDERPAYMENTS FROM JANUARY 1, 1991 - PRESENT
RATE
1995-1 C.B. TABLE
PG
Jan. 1, 1991-Mar. 31, 1991
13%
31
585
Apr. 1, 1991-Jun. 30, 1991
12%
29
583
Jul. 1, 1991-Sep. 30, 1991
12%
29
583
Oct. 1, 1991-Dec. 31, 1991
12%
29
583
Jan. 1, 1992-Mar. 31, 1992
11%
75
629
Apr. 1, 1992-Jun. 30, 1992
10%
73
627
Jul. 1, 1992-Sep. 30, 1992
10%
73
627
Oct. 1, 1992-Dec. 31, 1992
9%
71
625
Jan. 1, 1993-Mar. 31, 1993
9%
23
577
Apr. 1, 1993-Jun. 30, 1993
9%
23
577
Jul. 1, 1993-Sep. 30, 1993
9%
23
577
<!-- PageFooter="Bulletin No. 2014-52" -->
<!-- PageFooter="December 22, 2014" -->
<!-- PageBreak -->
## TABLE OF INTEREST RATES FOR LARGE CORPORATE UNDERPAYMENTS FROM JANUARY 1, 1991 - PRESENT
RATE
1995-1 C.B. TABLE
PG
Oct. 1, 1993-Dec. 31, 1993
9%
23
577
Jan. 1, 1994-Mar. 31, 1994
9%
23
577
Apr. 1, 1994-Jun. 30, 1994
9%
23
577
Jul. 1, 1994-Sep. 30, 1994
10%
25
579
Oct. 1, 1994-Dec. 31, 1994
11%
27
581
Jan. 1, 1995-Mar. 31, 1995
11%
27
581
Apr. 1, 1995-Jun. 30, 1995
12%
29
583
Jul. 1, 1995-Sep. 30, 1995
11%
27
581
Oct. 1, 1995-Dec. 31, 1995
11%
27
581
Jan. 1, 1996-Mar. 31, 1996
11%
75
629
Apr. 1, 1996-Jun. 30, 1996
10%
73
627
Jul. 1, 1996-Sep. 30, 1996
11%
75
629
Oct. 1, 1996-Dec. 31, 1996
11%
75
629
Jan. 1, 1997-Mar. 31, 1997
11%
27
581
Apr. 1, 1997-Jun. 30, 1997
11%
27
581
Jul. 1, 1997-Sep. 30, 1997
11%
27
581
Oct. 1, 1997-Dec. 31, 1997
11%
27
581
Jan. 1, 1998-Mar. 31, 1998
11%
27
581
Apr. 1, 1998-Jun. 30, 1998
10%
25
579
Jul. 1, 1998-Sep. 30, 1998
10%
25
579
Oct. 1, 1998-Dec. 31, 1998
10%
25
579
Jan. 1, 1999-Mar. 31, 1999
9%
23
577
Apr. 1, 1999-Jun. 30, 1999
10%
25
579
Jul. 1, 1999-Sep. 30, 1999
10%
25
579
Oct. 1, 1999-Dec. 31, 1999
10%
25
579
Jan. 1, 2000-Mar. 31, 2000
10%
73
627
Apr. 1, 2000-Jun. 30, 2000
11%
75
629
Jul. 1, 2000-Sep. 30, 2000
11%
75
629
Oct. 1, 2000-Dec. 31, 2000
11%
75
629
Jan. 1, 2001-Mar. 31, 2001
11%
27
581
Apr. 1, 2001-Jun. 30, 2001
10%
25
579
Jul. 1, 2001-Sep. 30, 2001
9%
23
577
Oct. 1, 2001-Dec. 31, 2001
9%
23
577
Jan. 1, 2002-Mar. 31, 2002
8%
21
575
Apr. 1, 2002-Jun. 30, 2002
8%
21
575
Jul. 1, 2002-Sep. 30, 2002
8%
21
575
Oct. 1, 2002-Dec. 31, 2002
8%
21
575
Jan. 1, 2003-Mar. 31, 2003
7%
19
573
Apr. 1, 2003-Jun. 30, 2003
7%
19
573
Jul. 1, 2003-Sep. 30, 2003
7%
19
573
Oct. 1, 2003-Dec. 31, 2003
6%
17
571
Jan. 1, 2004-Mar. 31, 2004
6%
65
619
Apr. 1, 2004-Jun. 30, 2004
7%
67
621
<!-- PageFooter="December 22, 2014" -->
<!-- PageFooter="Bulletin No. 2014-52" -->
<!-- PageBreak -->
# TABLE OF INTEREST RATES FOR LARGE CORPORATE UNDERPAYMENTS FROM JANUARY 1, 1991 - PRESENT
RATE
1995-1 C.B. TABLE
PG
Jul. 1, 2004-Sep. 30, 2004
6%
65
619
Oct. 1, 2004-Dec. 31, 2004
7%
67
621
Jan. 1, 2005-Mar. 31, 2005
7%
19
573
Apr. 1, 2005-Jun. 30, 2005
8%
21
575
Jul. 1, 2005-Sep. 30, 2005
8%
21
575
Oct. 1, 2005-Dec. 31, 2005
9%
23
577
Jan. 1, 2006-Mar. 31, 2006
9%
23
577
Apr. 1, 2006-Jun. 30, 2006
9%
23
577
Jul. 1, 2006-Sep. 30, 2006
10%
25
579
Oct. 1, 2006-Dec. 31, 2006
10%
25
579
Jan. 1, 2007-Mar. 31, 2007
10%
25
579
Apr. 1, 2007-Jun. 30, 2007
10%
25
579
Jul. 1, 2007-Sep. 30, 2007
10%
25
579
Oct. 1, 2007-Dec. 31, 2007
10%
25
579
Jan. 1, 2008-Mar. 31, 2008
9%
71
625
Apr. 1, 2008-Jun. 30, 2008
8%
69
623
Jul. 1, 2008-Sep. 30, 2008
7%
67
621
Oct. 1, 2008-Dec. 31, 2008
8%
69
623
Jan. 1, 2009-Mar. 31, 2009
7%
19
573
Apr. 1, 2009-Jun. 30, 2009
6%
17
571
Jul. 1, 2009-Sep. 30, 2009
6%
17
571
Oct. 1, 2009-Dec. 31, 2009
6%
17
571
Jan. 1, 2010-Mar. 31, 2010
6%
17
571
Apr. 1, 2010-Jun. 30, 2010
6%
17
571
Jul. 1, 2010-Sep. 30, 2010
6%
17
571
Oct. 1, 2010-Dec. 31, 2010
6%
17
571
Jan. 1, 2011-Mar. 31, 2011
5%
15
569
Apr. 1, 2011-Jun. 30, 2011
6%
17
571
Jul. 1, 2011-Sep. 30, 2011
6%
17
571
Oct. 1, 2011-Dec. 31, 2011
5%
15
569
Jan. 1, 2012-Mar. 31, 2012
5%
63
617
Apr. 1, 2012-Jun. 30, 2012
5%
63
617
Jul. 1, 2012-Sep. 30, 2012
5%
63
617
Oct. 1, 2012-Dec. 31, 2012
5%
63
617
Jan. 1, 2013-Mar. 31, 2013
5%
15
569
Apr. 1, 2013-Jun. 30, 2013
5%
15
569
Jul. 1, 2013-Sep. 30, 2013
5%
15
569
Oct. 1, 2013-Dec. 31, 2013
5%
15
569
Jan. 1, 2014-Mar. 31, 2014
5%
15
569
Apr. 1, 2014-Jun. 30, 2014
5%
15
569
Jul. 1, 2014-Sep. 30, 2014
5%
15
569
Oct. 1, 2014-Dec. 31, 2014
5%
15
569
Jan. 1, 2015-Mar. 31, 2015
5%
15
569
<!-- PageFooter="Bulletin No. 2014-52" -->
<!-- PageFooter="December 22, 2014" -->
<!-- PageBreak -->
## TABLE OF INTEREST RATES FOR CORPORATE OVERPAYMENTS EXCEEDING $10,000 FROM JANUARY 1, 1995 - PRESENT
RATE
1995-1 C.B. TABLE
PG
Jan. 1, 1995-Mar. 31, 1995
6.5%
18
572
Apr. 1, 1995-Jun. 30, 1995
7.5%
20
574
Jul. 1, 1995-Sep. 30, 1995
6.5%
18
572
Oct. 1, 1995-Dec. 31, 1995
6.5%
18
572
Jan. 1, 1996-Mar. 31, 1996
6.5%
66
620
Apr. 1, 1996-Jun. 30, 1996
5.5%
64
618
Jul. 1, 1996-Sep. 30, 1996
6.5%
66
620
Oct. 1, 1996-Dec. 31, 1996
6.5%
66
620
Jan. 1, 1997-Mar. 31, 1997
6.5%
18
572
Apr. 1, 1997-Jun. 30, 1997
6.5%
18
572
Jul. 1, 1997-Sep. 30, 1997
6.5%
18
572
Oct. 1, 1997-Dec. 31, 1997
6.5%
18
572
Jan. 1, 1998-Mar. 31, 1998
6.5%
18
572
Apr. 1, 1998-Jun. 30, 1998
5.5%
16
570
Jul. 1. 1998-Sep. 30, 1998
5.5%
16
570
Oct. 1, 1998-Dec. 31, 1998
5.5%
16
570
Jan. 1, 1999-Mar. 31, 1999
4.5%
14
568
Apr. 1, 1999-Jun. 30, 1999
5.5%
16
570
Jul. 1, 1999-Sep. 30, 1999
5.5%
16
570
Oct. 1, 1999-Dec. 31, 1999
5.5%
16
570
Jan. 1, 2000-Mar. 31, 2000
5.5%
64
618
Apr. 1, 2000-Jun. 30, 2000
6.5%
66
620
Jul. 1, 2000-Sep. 30, 2000
6.5%
66
620
Oct. 1, 2000-Dec. 31, 2000
6.5%
66
620
Jan. 1, 2001-Mar. 31, 2001
6.5%
18
572
Apr. 1, 2001-Jun. 30, 2001
5.5%
16
570
Jul. 1, 2001-Sep. 30, 2001
4.5%
14
568
Oct. 1, 2001-Dec. 31, 2001
4.5%
14
568
Jan. 1, 2002-Mar. 31, 2002
3.5%
12
566
Apr. 1, 2002-Jun. 30, 2002
3.5%
12
566
Jul. 1, 2002-Sep. 30, 2002
3.5%
12
566
Oct. 1, 2002-Dec. 31, 2002
3.5%
12
566
Jan. 1, 2003-Mar. 31, 2003
2.5%
10
564
Apr. 1, 2003-Jun. 30, 2003
2.5%
10
564
Jul. 1, 2003-Sep. 30, 2003
2.5%
10
564
Oct. 1, 2003-Dec. 31, 2003
1.5%
8
562
Jan. 1, 2004-Mar. 31, 2004
1.5%
56
610
Apr. 1, 2004-Jun. 30, 2004
2.5%
58
612
Jul. 1, 2004-Sep. 30, 2004
1.5%
56
610
Oct. 1, 2004-Dec. 31, 2004
2.5%
58
612
Jan. 1, 2005-Mar. 31, 2005
2.5%
10
564
Apr. 1, 2005-Jun. 30, 2005
3.5%
12
566
Jul. 1, 2005-Sep. 30, 2005
3.5%
12
566
<!-- PageFooter="December 22, 2014" -->
<!-- PageFooter="Bulletin No. 2014-52" -->
<!-- PageBreak -->
## TABLE OF INTEREST RATES FOR CORPORATE OVERPAYMENTS EXCEEDING $10,000 FROM JANUARY 1, 1995 - PRESENT
RATE
1995-1 C.B.
TABLE
PG
Oct. 1, 2005-Dec. 31, 2005
4.5%
14
568
Jan. 1, 2006-Mar. 31, 2006
4.5%
14
568
Apr. 1, 2006-Jun. 30, 2006
4.5%
14
568
Jul. 1, 2006-Sep. 30, 2006
5.5%
16
570
Oct. 1, 2006-Dec. 31, 2006
5.5%
16
570
Jan. 1, 2007-Mar. 31, 2007
5.5%
16
570
Apr. 1, 2007-Jun. 30, 2007
5.5%
16
570
Jul. 1, 2007-Sep. 30, 2007
5.5%
16
570
Oct. 1, 2007-Dec. 31, 2007
5.5%
16
570
Jan. 1, 2008-Mar. 31, 2008
4.5%
62
616
Apr. 1, 2008-Jun. 30, 2008
3.5%
60
614
Jul. 1, 2008-Sep. 30, 2008
2.5%
58
612
Oct. 1, 2008-Dec. 31, 2008
3.5%
60
614
Jan. 1, 2009-Mar. 31, 2009
2.5%
10
564
Apr. 1, 2009-Jun. 30, 2009
1.5%
8
562
Jul. 1, 2009-Sep. 30, 2009
1.5%
8
562
Oct. 1, 2009-Dec. 31, 2009
1.5%
8
562
Jan. 1, 2010-Mar. 31, 2010
1.5%
8
562
Apr. 1, 2010-Jun. 30, 2010
1.5%
8
562
Jul. 1, 2010-Sep. 30, 2010
1.5%
8
562
Oct. 1, 2010-Dec. 31, 2010
1.5%
8
562
Jan. 1, 2011-Mar. 31, 2011
0.5%*
Apr. 1, 2011-Jun. 30, 2011
1.5%
8
562
Jul. 1, 2011-Sep. 30, 2011
1.5%
8
562
Oct. 1, 2011-Dec. 31, 2011
0.5%*
Jan. 1, 2012-Mar. 31, 2012
0.5%*
Apr. 1, 2012-Jun. 30, 2012
0.5%*
Jul. 1, 2012-Sep. 30, 2012
0.5%*
Oct. 1, 2012-Dec. 31, 2012
0.5%*
Jan. 1, 2013-Mar. 31, 2013
0.5%*
Apr. 1, 2013-Jun. 30, 2013
0.5%*
Jul. 1, 2013-Sep. 30, 2013
0.5%*
Oct. 1, 2013-Dec. 31, 2013
0.5%*
Jan. 1, 2014-Mar. 31, 2014
0.5%*
Apr. 1, 2014-Jun. 30, 2014
0.5%*
Jul. 1, 2014-Sep. 30, 2014
0.5%*
Oct. 1, 2014-Dec. 31, 2014
0.5%*
Jan. 1, 2015-Mar. 31, 2015
0.5%*
* The asterisk reflects the interest factors for daily compound interest for annual rates of 0.5 percent are published in Appendix A of this Revenue Ruling.
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# Part III. Administrative, Procedural, and Miscellaneous
## 2014 Cumulative List of Changes in Plan Qualification Requirements Notice 2014-77
### I. PURPOSE
This notice contains the 2014 Cumula-
tive List of Changes in Plan Qualification
Requirements (2014 Cumulative List) de-
scribed in section 4 of Rev. Proc. 2007-
44, 2007-2 C.B. 54. The 2014 Cumulative
List is to be used by plan sponsors and
practitioners submitting determination let-
ter applications for plans during the period
beginning February 1, 2015 and ending
January 31, 2016.
Plans using this Cumulative List will
primarily be single employer individually
designed defined contribution plans and
single employer individually designed de-
fined benefit plans that are in Cycle E.
Generally an individually designed plan is
in Cycle E if the last digit of the employer
identification number of the plan sponsor
is 5 or 0, or if the plan is a § 414(d)
governmental plan (including governmen-
tal multiemployer or governmental multi-
ple employer plans) for which an election
has been made by the plan sponsor to treat
Cycle E as the second remedial amend-
ment cycle for the plan.
The list of changes in section IV of this
notice does not extend the deadline by
which a plan must be amended to comply
with any statutory, regulatory, or guidance
changes. The general deadline for timely
adoption of an interim or discretionary
amendment can be found in section 5.05
of Rev. Proc. 2007-44.
### II. BACKGROUND
Rev. Proc. 2007-44 sets forth proce-
dures for issuing opinion, advisory, and
determination letters and describes the
five-year remedial amendment cycle for
individually designed plans and the six-
year remedial amendment cycle for pre-
approved plans. In addition, section 5.05
of Rev. Proc. 2007-44 provides the dead-
line for timely adoption of an interim
amendment or discretionary amendment.
Under section 4 of Rev. Proc. 2007-
44, the Internal Revenue Service (the Ser-
vice) announced its intention to annually
publish a Cumulative List to identify stat-
utory, regulatory, and guidance changes
that must be taken into account in submis-
sions by plan sponsors to the Service re-
questing opinion, advisory, and determi-
nation letters whose submission period
begins on February 1st following issuance
of the Cumulative List.
In Notice 2013-84, 2013-52 I.R.B.
822, the Service published the 2013 Cu-
mulative List of Changes in Plan Qualifi-
cation Requirements (2013 Cumulative
List).1
#### III. APPLICATION OF 2014 CUMULATIVE LIST
This notice relates to the determination
letter program for individually designed
plans eligible for Cycle E. In accordance
with Rev. Proc. 2007-44, the Service will
start accepting determination letter appli-
cations for Cycle E individually designed
plans beginning on February 1, 2015. The
12-month submission period for Cycle E
plans will end on January 31, 2016.
The 2014 Cumulative List, set forth in
section IV of this notice, informs plan
sponsors of issues the Service has specif-
ically identified for review in determining
whether a plan filing in Cycle E has been
properly updated. Specifically, the 2014
Cumulative List reflects law changes un-
der the Pension Protection Act of 2006
(PPA '06), Pub. L. 109-280; the Heroes
Earnings Assistance and Relief Tax Act of
2008 (HEART Act), Pub. L. 110-245; the
Worker, Retiree, and Employer Recovery
Act of 2008 (WRERA), Pub. L. 110-458;
the Small Business Jobs Act of 2010
(SBJA), Pub. L. 111-240; the Preserva-
tion of Access to Care for Medicare Ben-
eficiaries and Pension Relief Act of 2010
(PRA 2010), Pub. L. No. 111-192; the
Moving Ahead for Progress in the 21st
Century Act (MAP-21), Pub. L. 112-141;
the American Taxpayer Relief Act of
2012 (ATRA), Pub. L. 112-240; the
Highway and Transportation Funding Act
of 2014 (HATFA), Pub. L. No. 113-159;
and the Cooperative and Small Employer
Charity Pension Flexibility Act (CSEC
Act), Pub. L. 113-97.
Except as provided below, the Service
will not consider in its review of any
determination letter application for the
submission period that begins February 1,
2015, any:
(1) guidance issued after October 1, 2014;
(2) statutes enacted after October 1, 2014;
(3) qualification requirements first ef-
fective in 2016 or later; or
(4) statutory provisions that are first
effective in 2015, for which there is no
guidance identified in this notice.
However, in order to be qualified, a
plan must comply with all relevant quali-
fication requirements, not just those on the
2014 Cumulative List.
The Service's review of a determina-
tion letter application filed in the Cycle E
submission period will not consider the
2014 final hybrid plan regulations (other
than the delay in the effective date of
certain provisions in the 2010 final hybrid
plan regulations set forth in § 1.411(b)(5)-
1(f)(2)(i)(B)) unless (1) the plan has been
amended to satisfy the 2014 final regula-
tions and (2) the determination letter ap-
plication indicates that a determination is
requested that the plan complies with
those final regulations.
The 2014 Cumulative List includes one
item of guidance issued after October 1,
2014, namely Notice 2014-66, 2014-46
I.R.B. 820, which provides a special non-
discrimination rule for a qualified defined
contribution plan that provides lifetime
income by offering, as investment op-
tions, a series of target date funds (TDFs)
that include deferred annuities among
their assets, even if some of the TDFs
within the series are available only to
older participants.
With respect to matters addressed by
proposed regulations identified in the
footnotes of section IV of this notice, the
Service's review of the plan will be based
1For previous cumulative lists, see Notice 2012-76, 2012-52 I.R.B. 775; Notice 2011-97, 2011-52 I.R.B. 923; Notice 2010-90, 2010-52 I.R.B. 909; Notice 2009-98, 2009-52 I.R.B. 974;
Notice 2008-108, 2008-2 C.B. 1275; Notice 2007-94, 2007-2 C.B. 1179; Notice 2007-3, 2007-1 C.B. 255; Notice 2005-101, 2005-2 C.B. 1219; and Notice 2004-84, 2004-2 C.B. 1030
for the 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, and 2004 Cumulative Lists, respectively.
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on a reasonable interpretation of the stat-
ute, existing final regulations, or other
published guidance. For this purpose,
compliance with proposed regulations
will be treated as meeting that standard.
However, a determination letter cannot be
relied on with respect to whether the plan
complies with the proposed regulations.
Terminating plans must include all law
changes in effect at the time of termina-
tion. See section 8 of Rev. Proc. 2007-44
regarding plan termination.
## IV. 2014 CUMULATIVE LIST OF CHANGES IN PLAN QUALIFICATION REQUIREMENTS
The following list consists of statutory
provisions and associated guidance which
reflect changes to plan qualification re-
quirements. The Service has identified be-
low the plan qualification requirements
that differ from those that were on the
2013 or earlier Cumulative Lists as
“(New)."
Items from the 2009 Cumulative List
have been deleted from the 2014 Cumu-
lative List. Thus, the 2014 Cumulative
List contains the plan qualification re-
quirements in the 2010, 2011, 2012 and
2013 Cumulative Lists, as well as addi-
tional 2014 plan qualification require-
ments. The deletions have been made to
enhance the utility of the cumulative list,
by removing items that would have been
previously reviewed in the case of a plan
that was submitted during the initial Cycle
E submission period (February 1, 2010 -
January 31, 2011). However, if a plan has
not been previously reviewed for items on
earlier cumulative lists, the items from the
earlier cumulative lists must be taken into
account. These items can be found in the
2009 Cumulative List, Notice 2009-98.2
1\. 401(a):
· Notice 2009-86, 2009-46 I.R.B. 629,
provides that the Service and Treasury
intend to amend the normal retirement
age regulations to change the effective
date for governmental plans to plan
years beginning on or after January 1,
2013. (2010 C. L.)
· Rev. Rul. 2011-1, 2011-2 I.R.B. 251,
revises the generally applicable rules
for group trusts and, if certain require-
ments are met, permits the participa-
tion in group trusts of custodial ac-
counts under § 403(b)(7), retirement
income accounts under § 403(b)(9),
and governmental retiree benefit plans
under § 401(a)(24). This revenue rul-
ing also modifies the transition relief
provided in Rev. Rul. 2008-40. (2011
C. L.)
· Notice 2012-6, 2012-3 I.R.B. 293,
extends and expands the transition re-
lief provided under Rev. Rul. 2011-1
for certain group trusts, certain retire-
ment trusts that qualify under the
Puerto Rico Internal Revenue Code
that participate in group trusts, and cer-
tain qualified retirement plans that
benefit Puerto Rico residents. The no-
tice also provides additional time for
governmental retiree benefit plans de-
scribed in § 401(a)(24) to be amended
to satisfy the applicable requirements
of Rev. Rul. 2011-1. (2012 C. L.)
· Notice 2012-29, 2012-18 I.R.B. 872,
provides that the Service and Treasury
intend to modify the normal retirement
age regulations to clarify that govern-
mental plans that do not provide for
in-service distributions before age 62
do not need to have a definition of
normal retirement age and to modify
the age-50 safe harbor rule for quali-
fied public safety employees. The no-
tice also provides that the Service and
Treasury intend to amend the normal
retirement age regulations to extend
the effective date for governmental
plans to annuity starting dates that oc-
cur in plan years beginning on or after
the later of (1) January 1, 2015 or (2)
the close of the first regular legislative
session of the legislative body with the
authority to amend the plan that begins
on or after the date that is 3 months
after the final regulations are published
in the Federal Register. (2012 C. L.)
· United States v. Windsor, 570 U.S.
, 133 S. Ct. 2675 (2013). The Su-
preme Court found that Section 3 of
the Defense of Marriage Act
(DOMA), which provides that in de-
termining the meaning of any Act of
Congress, or of any ruling, regulation,
or interpretation of the various admin-
istrative bureaus and agencies of the
United States, the word 'marriage'
means only a legal union between one
man and one woman as husband and
wife, and the word 'spouse' refers only
to a person of the opposite sex who is
a husband or a wife, is unconstitutional
because it violates the principles of
equal protection. (2013 C. L.)
· Rev. Rul. 2013-17, 2013-38 I.R.B.
201, provides that for Federal tax pur-
poses, the terms "spouse," "husband
and wife," "husband," and "wife" in-
clude an individual married to a person
of the same sex if the individuals are
lawfully married under state law, and
the term "marriage" includes such a
marriage between individuals of the
same sex and the Service adopts a gen-
eral rule recognizing a marriage of
same-sex individuals that was validly
entered into in a state whose laws au-
thorize the marriage of two individuals
of the same sex even if the married
couple is domiciled in a state that does
not recognize the validity of same-sex
marriages. (2013 C. L.)
· Rev. Rul. 2014-9, 2014-17 I.R.B.
975, provides procedures a plan ad-
ministrator may use in order to reason-
ably conclude that an amount is a valid
rollover contribution. (New)
· Notice 2014-19, 2014-17 I.R.B. 979,
provides guidance on the application
(including the retroactive application)
of the decision in United States v.
Windsor, and the holdings of Rev. Rul.
2013-17, to retirement plans qualified
under § 401(a). (New)
· Rev. Rul. 2014-24, 2014-37 I.R.B.
529, modifies the list of group trust
retiree benefit plans eligible to partic-
ipate in group trusts described in Rev.
Rul. 81-100, as modified by Rev. Rul.
2011-1 and Notice 2012-6, to include
trusts of certain retirement plans qual-
ified only under the Puerto Rico Code,
clarifies that assets held by certain sep-
arate accounts maintained by insur-
2For a § 414(d) governmental plan for which a determination letter application was filed during Cycle C (which was the plan's first remedial amendment cycle) but for which the plan sponsor
is now electing to treat Cycle E as its second remedial amendment cycle, the plan has not been reviewed for the "(New)" items listed on the 2008 Cumulative List, Notice 2008-108, 2008-2
C.B. 1275, and the 2009 Cumulative List, Notice 2009-98, 2009-52 I.R.B. 974, and those items must now be taken into account.
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ance companies may be invested in
those group trusts, and provides lim-
ited transition relief. (New)
### 2. 401(a)(4):
· Notice 2014-5, 2014-2 I.R.B. 276,
provides temporary nondiscrimination
relief for certain "closed" defined ben-
efit pension plans. (New)
· Notice 2014-66, 2014-46 I.R.B. 820,
provides a special nondiscrimination
rule for a qualified defined contribu-
tion plan that provides lifetime income
by offering, as investment options, a
series of target date funds (TDFs) that
include deferred annuities among their
assets, even if some of the TDFs
within the series are available only to
older participants. (New)
### 3. 401(a)(9):
· WRERA § 201(a) added § 401(a)(9)(H)
which provides a suspension of the
required minimum distribution rules
for 2009 applicable to defined contri-
bution plans. (2010 C. L.)
· Notice 2009-82, 2009-41 I.R.B.
491, provides guidance relating to
the suspension of the required
minimum distribution rules for
2009 applicable to defined contri-
bution plans. (2010 C. L.)
· Final regulations that provide a
limited modification of the re-
quired minimum distribution rules
for tax-qualified defined contribu-
tion plans holding qualifying lon-
gevity annuity contracts were pub-
lished on July 2, 2014 (79 Fed.
Reg. 37633). (New)
4\. 401(a)(22):
· Notice 2011-19, 2011-11 I.R.B. 550,
provides that the terms readily tradable
on an established securities market and
readily tradable on an established mar-
ket mean employer securities that are
readily tradable on an established se-
curities market within the meaning of
§ 1.401(a)(35)-1(f)(5) for purposes of
§ 401(a)(22). Notice 2011-19 is effec-
tive for plan years that begin on or
after January 1, 2012, except for cer-
tain plans that have a delayed effective
date. (2011 C. L.)
5\. 401(a)(28)(C):
· Notice 2011-19 provides that the
terms readily tradable on an estab-
lished securities market and readily
tradable on an established market
mean employer securities that are
readily tradable on an established se-
curities market within the meaning of
§ 1.401(a)(35)-1(f)(5) for purposes of
§ 401(a)(28)(C). Notice 2011-19 is ef-
fective for plan years that begin on or
after January 1, 2012, except for cer-
tain plans that have a delayed effective
date. (2011 C. L.)
6\. 401(a)(35):
· Notice 2009-97, 2009-52 I.R.B. 972,
extends the deadline to amend for
§ 401(a)(35) to the last day of the first
plan year that begins on or after Janu-
ary 1, 2010. (2010 C. L.)
· Final regulations under § 401(a)(35)
were published on May 19, 2010 (75
Fed. Reg. 27927). (2010 C. L.)
· Notice 2013-17, 2013-20 I.R.B.
1082, provides relief from anti-
cutback rules for an amendment to an
ESOP that becomes subject to the diver-
sification requirements of § 401(a)(35)
to eliminate all in-service distribu-
tion options previously used to sat-
isfy the diversification requirements
of § 401(a)(28)(B)(i). (2013 C. L.)
7\. 401(a)(37):
· HEART Act § 104(a) added
§ 401(a)(37) with respect to bene-
fits payable on the death of a plan
participant while performing qual-
ified military service. (2010 C. L.)
· Notice 2010-15, 2010-6 I.R.B.
390, provides guidance regarding
HEART Act § 104(a). (2010
C. L.)
8\. 401(k) & 401(m):
· Notice 2010-15 provides guidance re-
garding HEART Act § 107, which ex-
tends the applicability of the qualified
reservist distribution to individuals or-
dered or called to active duty after
December 31, 2007. (2010 C. L.)
· Final regulations that provide guid-
ance on permitted mid-year reductions
or suspensions of safe harbor nonelec-
tive contributions in certain circum-
stances for amendments adopted after
May 18, 2009 and revise the require-
ments for permitted mid-year reduc-
tions or suspensions of safe harbor
matching contributions for plan years
beginning on or after January 1, 2015
were published on November 15, 2013
(78 Fed. Reg. 68735). (2013 C. L.)
· Notice 2014-37, 2014-24 I.R.B.
1100, provides guidance on a mid-year
amendment to a § 401(k) safe harbor
plan or § 401(m) safe harbor plan to
reflect the outcome of United States v.
Windsor, pursuant to Notice 2014-19.
(New)
9\. 402(a):
· Final regulations clarifying the rules
regarding the tax treatment of pay-
ments by qualified retirement plans for
accident or health insurance were pub-
lished on May 12, 2014 (79 Fed. Reg.
26838). (New)
10\. 402(c)(2):
· Notice 2014-54, 2014-41 I.R.B. 670,
provides rules for allocating pretax
and after-tax amounts among dis-
bursements that are made to multiple
destinations from a qualified plan de-
scribed in § 401(a). (New)
11\. 402A:
· SBJA § 2112 added § 402A(c)(4)
which permits rollovers of otherwise
distributable amounts from a plan ac-
count other than a designated Roth ac-
count to the plan's designated Roth
account. (2010 C. L.)
· Notice 2010-84, 2010-51 I.R.B.
872, provides guidance regarding
§ 402A(c)(4). (2010 C. L.)
· ATRA § 902 added § 402A(c)(4)(E),
which provides that rollovers from a
plan account to the plan's designated
Roth account can include a rollover
of an otherwise nondistributable
amount. (2013 C. L.)
· Notice 2013-74 provides guidance
regarding § 402A(c)(4)(E) and
also provides guidance that applies
to all in-plan Roth rollovers under
§ 402A(c)(4). (2013 C. L.)
· Notice 2014-54, 2014-41 I.R.B.
670, provides rules for allocating
pretax and after-tax amounts among
disbursements that are made to mul-
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tiple destinations under tax-favored
retirement plans. (New)
· Proposed regulations under § 402A
were published on September 19,
2014 (79 Fed. Reg. 56310) with re-
spect to the tax treatment of distribu-
tions from designated Roth accounts
under tax-favored retirement plans.
(New)
12\. 409:
· Notice 2011-19 provides that the
terms readily tradable on an estab-
lished securities market and readily
tradable on an established market
mean employer securities that are
readily tradable on an established se-
curities market within the meaning of
§ 1.401(a)(35)-1(f)(5) for purposes of
§ 409(h)(1)(B) and § 409(l). Notice
2011-19 is effective for plan years that
begin on or after January 1, 2012, ex-
cept for certain plans that have a de-
layed effective date. (2011 C. L.)
13\. 411(a):
· Rev. Rul. 2012-4, 2012-8 I.R.B. 386,
describes whether a qualified defined
benefit pension plan that accepts a di-
rect rollover of an eligible rollover dis-
tribution from a qualified defined con-
tribution plan maintained by the same
employer satisfies §§ 411 and 415 in a
case in which the defined benefit plan
provides an annuity resulting from the
direct rollover. (2012 C. L.).
14\. 411(a)(13):
· Notice 2009-97 extends the dead-
line for amending cash balance and
other applicable defined benefit
plans, within the meaning of
§ 411(a)(13)(C), to meet the require-
ments of § 411(a)(13) (other than
§ 411(a)(13)(A)) to the last day of
the first plan year that begins on or
after January 1, 2010. (2010 C. L.)
· Final Regulations under § 411(a)(13)
were published on October 19, 2010
(75 Fed. Reg. 64123).3 (2010 C. L.)
· Notice 2010-77, 2010-51 I.R.B. 851,
extends the deadline for amending
cash balance and other applicable de-
fined benefit plans, within the meaning
of § 411(a)(13)(C), to meet the re-
quirements of § 411(a)(13) (other than
§ 411(a)(13)(A)) to the last day of the
first plan year that begins on or after
January 1, 2011. (2010 C. L.)
· Notice 2011-85, 2011-44 I.R.B. 605,
extends the deadline for adopting an
interim or discretionary amendment
under § 411(a)(13) (other than
§ 411(a)(13)(A)). (2011 C. L.)
· Notice 2012-61, 2012-42 I.R.B. 479,
provides that certain provisions in the
2010 final hybrid plan regulations will
not be effective for plan years begin-
ning before January 1, 2014. (2012
C. L.)
· Amendments to the final regulations
under § 411(a)(13) (which were in-
cluded in the 2010 C. L.) were pub-
lished on September 19, 2014 (79 Fed.
Reg. 56442). (New)
15\. 411(b)(1):
· Final regulations under § 411(b)(1)
with respect to a variable interest cred-
iting rate that potentially can be nega-
tive in any given year were published
on September 19, 2014 (79 Fed. Reg.
56442). (New)4
16\. 411(b)(5):
· Notice 2009-97 extends the deadline for
amending cash balance and other appli-
cable defined benefit plans, within the
meaning of § 411(a)(13)(C), to meet the
requirements of § 411(b)(5) to the last
day of the first plan year that begins on
or after January 1, 2010. (2010 C. L.)
· Final Regulations under § 411(b)(5)
were published on October 19, 2010
(75 Fed. Reg. 64123).5 (2010 C. L.)
· Notice 2010-77 extends the deadline for
amending cash balance and other appli-
cable defined benefit plans, within the
meaning of § 411(a)(13)(C), to meet the
requirements of § 411(b)(5) to the last
day of the first plan year that begins on
or after January 1, 2011. (2010 C. L.)
· Notice 2011-85 announces that the
Treasury Department and the Service in-
tend to amend the 2010 final hybrid plan
regulations to postpone the effective/ap-
plicability date of § 1.411(b)(5)-
1(d)(1)(iii), (d)(1)(vi), and (d)(6)(i) to
plan years that begin on or after a date
to be specified in those regulations that
is not earlier than January 1, 2013.
This notice also extends the deadline
for adopting an interim or discretion-
ary amendment under § 411(b)(5).
(2011 C. L.)
· Notice 2012-61 provides that certain
provisions in the 2010 final hybrid
plan regulations will not be effective
for plan years beginning before Janu-
ary 1, 2014. (2012 C. L.)
· Amendments to the final regulations
under § 411(b)(5) (which were in-
cluded in the 2010 C. L.) were pub-
lished on September 19, 2014 (79 Fed.
Reg. 56442). (New)
17\. 411(d)(6):
· Final Regulations under § 411(d)(6),
which provide an additional limited
exception to the anti-cutback rules in
the case of a plan sponsor who is a
debtor in a bankruptcy proceeding,
were published on November 8, 2012
(77 Fed. Reg. 66915). (2012 C. L.)
· Notice 2013-17 provides relief from
anti-cutback rules for an amendment
to an ESOP to eliminate all in-service
distribution options previously used to
satisfy the diversification requirements
of § 401(a)(28)(B)(i). (2013 C. L.)
18\. 414(u):
· HEART Act § 104(b) amended
§ 414(u) by adding § 414(u)(9) regard-
ing how a plan may provide benefit
accruals for a person who dies or be-
comes disabled while performing
qualified military service. (2010 C. L.)
· Notice 2010-15 provides guid-
ance regarding HEART Act
§ 104(b). (2010 C. L.)
· HEART Act § 105(b)(1) added
§ 414(u)(12) with respect to the
treatment of differential wage pay-
ments during the period a person,
while on active duty, is performing
service in the uniformed services.
(2010 C. L.)
3Proposed regulations under § 411(a)(13) were published on October 19, 2010 (75 Fed. Reg. 64197) and can be relied upon until the 2014 final hybrid plan regulations become effective.
4Proposed regulations under § 411(b)(1) were published on October 19, 2010 (75 Fed. Reg. 64197) and can be relied upon until the 2014 final hybrid plan regulations become effective.
5Proposed regulations under § 411(b)(5) were published on October 19, 2010 (75 Fed. Reg. 64197) and can be relied upon until the 2014 final hybrid plan regulations become effective.
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· Notice 2010-15 provides guid-
ance regarding HEART Act
§ 105(b)(1). (2010 C. L.)
19\. 414(x):
· PPA '06 § 903(a) added § 414(x) with
respect to special rules for eligible
combined plans that consist of a de-
fined benefit plan and a qualified cash
or deferred arrangement. (2010 C. L.)
20. 415:
· Rev. Rul. 2012-4 describes whether a
qualified defined benefit pension plan
that accepts a direct rollover of an el-
igible rollover distribution from a
qualified defined contribution plan
maintained by the same employer sat-
isfies §§ 411 and 415 in a case in
which the defined benefit plan pro-
vides an annuity resulting from the
direct rollover. (2012 C. L.)
· Proposed regulations under § 415
were published on November 15, 2013
(78 Fed. Reg. 68780) with respect to
amounts paid to an Indian tribe mem-
ber as remuneration for services per-
formed in a fishing rights-related ac-
tivity. (New)
21\. 417:
· Rev. Rul. 2012-3, 2012-6 I.R.B. 383,
describes how the qualified joint and
survivor annuity ("QJSA") and the
qualified preretirement survivor annu-
ity ("QPSA") rules, described in
§§ 401(a)(11) and 417, apply when a
deferred annuity contract is purchased
under a profit sharing plan. (2012
C. L.)
22\. 420:
· MAP-21 §§ 40241 and 40242 amend
§ 420 to extend the provisions relating
to transfers of excess pension assets to
retiree health accounts and to expand
those provisions to allow transfers to
retiree group term life insurance ac-
counts. (2012 C. L.)
23\. 431(b)(8):
· PRA 2010 § 211(a)(2) added
§ 431(b)(8), which provides two spe-
cial funding rules available to mul-
tiemployer plans. (2011 C. L.)
· Notice 2010-83, 2010-51 I.R.B.
862, provides guidance with re-
spect to the special funding rules
under § 431(b)(8). (2011 C. L.)
24\. 436:6
· Section 1.436-1 provides guidance on
the application of § 436, which pro-
vides a series of limitations on the ac-
crual and payment of benefits under
underfunded single employer defined
benefit plans. (2012 C. L.)
· Notice 2011-3, 2011-2 I.R.B. 263,
provides guidance on the special rules
relating to the relaxation of § 436 rules
that were included in the funding relief
for single employer defined benefit
pension plans under PRA 2010. (2012
C. L.)
· Notice 2011-96, 2011-52 I.R.B. 915,
provides a sample plan amendment
that plan sponsors may adopt to satisfy
§ 436 regarding limitations on the ac-
crual and payment of benefits. The no-
tice also extends both the deadline to
amend a plan to satisfy § 436 and the
period during which such an amend-
ment is eligible for relief from the anti-
cutback requirements of § 411(d)(6).
(2012 C. L.)
· Notice 2012-70, 2012-51 I.R.B. 712,
extends the deadline, as set forth in
Notice 2011-96, to amend a defined
benefit plan to satisfy the requirements
of § 436 and provides associated relief
from the requirements of § 411(d)(6).
(2012 C. L.)
· CSEC Act § 202 exempted certain co-
operative and small employer charity
pension plans from the limitations of
§§ 436 and 401(a)(33), and provided
new funding rules for these plans.
(New)
The following guidance contains sam-
ple or model amendments: Notice
2009-82 (suspension of the minimum
distribution requirement for 2009); Rev.
Rul. 2011-1 (group trusts); and Notice
2011-96 (limitations on the accrual and
payment of benefits under underfunded
single employer defined benefit plans).
## DRAFTING INFORMATION
The principal author of this notice is
Patrick Gutierrez of the Employee Plans,
Tax Exempt and Government Entities Di-
vision. For further information regarding
this notice, please contact the Employee
Plans taxpayer assistance answering ser-
vice at 1-877-829-5500 (a toll free num-
ber) or e-mail Mr. Gutierrez at
RetirementPlanQuestions@irs.gov.
<!-- PageFooter="6Notice 2012-61 and Notice 2014-53, 2014-43 I.R.B. 737, provide guidance on the application of MAP-21 and HATFA. Notice 2012-55, 2012-36 I.R.B. 332, and Notice 2013-11, 2013-11 I.R.B. 610, provide guidance on the 25-year average segment rates under MAP-21." -->
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<!-- PageBreak -->
# Part IV. Items of General Interest
## Announcement 2014-41
This announcement extends to June 30,
2015, the deadline for submitting on-cycle
applications for opinion and advisory let-
ters for pre-approved defined benefit plans
for the plans' second six-year remedial
amendment cycle. This announcement
also provides a two day extension (from
Saturday, January 31, 2015, to Monday,
February 2, 2015) for Cycle D on-cycle
submissions (primarily individually de-
signed plans including multiemployer
plans).
### Pre-Approved Plan Extension
The extension to June 30, 2015, applies
to pre-approved defined benefit mass sub-
mitter lead and specimen plans, word-for-
word identical plans, master and prototype
minor modifier placeholder applications,
and defined benefit non-mass submitter
lead and specimen plans. Under Rev.
Proc. 2007-44, 2007-2 C.B. 54, and Rev.
Proc. 2011-49, 2011-44 I.R.B. 608, as
modified by Announcement 2014-4,
2014-7 I.R.B. 523, the submission period
for these applications is scheduled to ex-
pire on February 2, 2015. This extension
applies to all on-cycle pre-approved de-
fined benefit plan submissions.
In general, plans submitted in accor-
dance with this extension will continue to
be reviewed for qualification items based
on the 2012 Cumulative List (Notice
2012-76, 2012-52 I.R.B. 775).
### Preapproved Program Expansion
The IRS expects to modify Rev. Proc.
2011-49 to expand the preapproved pro-
gram to include defined benefit plans con-
taining cash balance features and defined
contribution plans containing employee
stock ownership plan (ESOP) features. In
addition, the IRS is developing tools,
which will be available before June 30,
2015, to assist plan sponsors in drafting
these plans.
### Cycle D Extension
The extension from January 31, 2015,
to February 2, 2015, applies to Cycle D
filers reviewed for qualification items
based on the 2013 Cumulative List (No-
tice 2013-84, 2013-52 I.R.B. 822).
### Effect on Other Documents
Rev. Proc. 2007-44, Rev. Proc. 2011-
49, and Announcement 2014-4 are mod-
ified.
### Drafting Information
The principal author of this an-
nouncement is Donald J. Kieffer of the
Employee Plans, Tax Exempt and Gov-
ernment Entities Division. For further
information regarding this announce-
ment, please call the Employee Plans
taxpayer assistance answering service at
(877) 829-5500 (a toll-free telephone
number) or e-mail Mr. Kieffer at
retirementplanquestions@irs.gov.
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<!-- PageBreak -->
# Definition of Terms
Revenue rulings and revenue procedures
(hereinafter referred to as "rulings") that
have an effect on previous rulings use the
following defined terms to describe the
effect:
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. Thus, if
an earlier ruling held that a principle ap-
plied to A, and the new ruling holds that
the same principle also applies to B, the
earlier ruling is amplified. (Compare with
modified, below).
Clarified is used in those 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.
Distinguished describes a situation
where a ruling mentions a previously pub-
lished ruling and points out an essential
difference between them.
Modified is used where the substance
of a previously published position 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 applies to both A
and B, the prior ruling is modified because
it corrects a published position. (Compare
with amplified and clarified, 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 obsoleted because of changes
in laws or regulations. A ruling may also
be obsoleted because the substance has
been included in regulations subsequently
adopted.
Revoked describes situations where the
position in the previously published ruling
is not correct and the correct position is
being stated in a 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 sub-
stance of a prior ruling, a combination of
terms is used. For example, modified and
superseded describes a situation where the
substance of a previously published 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 superseded.
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 published that
includes the list in the original ruling and
the additions, and supersedes all prior rul-
ings 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
amended regulations, the outcome of
cases in litigation, or the outcome of a
Service study.
# Abbreviations
The following abbreviations in current
use and formerly used will appear in ma-
terial published in the Bulletin.
A-Individual.
Acq .- Acquiescence.
B-Individual.
BE-Beneficiary.
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.
COOP-Cooperative.
IC-Insurance Company.
Ct.D .- Court Decision.
I.R.B .- Internal Revenue Bulletin.
CY-County.
LE-Lessee.
TT-Trustee.
D Decedent.
LP-Limited Partner.
LR-Lessor.
X-Corporation.
DE-Donee.
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 .- Statement of Procedural Rules.
Stat .- Statutes at Large.
BK-Bank.
B.T.A .- Board of Tax Appeals.
C-Individual.
C.B .- Cumulative Bulletin.
CFR-Code of Federal Regulations.
CI-City.
T.I.R .- Technical Information Release.
TP-Taxpayer.
TR-Trust.
U.S.C .- United States Code.
DC-Dummy Corporation.
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 Contributions Act.
FISC-Foreign International Sales Company.
FPH-Foreign Personal Holding Company.
T-Target Corporation.
T.C .- Tax Court.
T.D .- Treasury Decision.
TFE-Transferee.
TFR-Transferor.
Y-Corporation.
Z-Corporation.
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<!-- PageBreak -->
## Numerical Finding List1
Bulletins 2014-27 through 2014-52
### Announcements:
2014-2, 2014-28 I.R.B. 120
2014-28, 2014-34 I.R.B. 391
2014-29, 2014-35 I.R.B. 452
2014-31, 2014-46 I.R.B. 827
2014-32, 2014-48 I.R.B. 907
2014-33, 2014-49 I.R.B. 916
2014-34, 2014-51 I.R.B. 949
2014-36, 2014-51 I.R.B. 950
2014-37, 2014-51 I.R.B. 951
2014-38, 2014-51 I.R.B. 951
2014-39, 2014-51 I.R.B. 953
2014-40, 2014-51 I.R.B. 953
2014-41, 2014-52 I.R.B. 979
### Notices:
2014-40, 2014-27 I.R.B. 100
2014-41, 2014-27 I.R.B. 97
2014-42, 2014-34 I.R.B. 387
2014-43, 2014-31 I.R.B. 249
2014-44, 2014-32 I.R.B. 270
2014-45, 2014-34 I.R.B. 388
2014-46, 2014-36 I.R.B. 520
2014-47, 2014-36 I.R.B. 522
2014-48, 2014-36 I.R.B. 523
2014-49, 2014-41 I.R.B. 665
2014-50, 2014-40 I.R.B. 590
2014-51, 2014-40 I.R.B. 594
2014-52, 2014-42 I.R.B. 712
2014-53, 2014-43 I.R.B. 739
2014-54, 2014-41 I.R.B. 670
2014-55, 2014-41 I.R.B. 672
2014-56, 2014-41 I.R.B. 674
2014-57, 2014-42 I.R.B. 723
2014-58, 2014-44 I.R.B. 746
2014-59, 2014-44 I.R.B. 747
2014-60, 2014-43 I.R.B. 743
2014-61, 2014-43 I.R.B. 746
2014-62, 2014-44 I.R.B. 749
2014-63, 2014-45 I.R.B. 759
2014-64, 2014-45 I.R.B. 759
2014-65, 2014-47 I.R.B. 842
2014-66, 2014-46 I.R.B. 820
2014-67, 2014-46 I.R.B. 822
2014-68, 2014-47 I.R.B. 842
2014-69, 2014-48 I.R.B. 903
2014-70, 2014-48 I.R.B. 905
2014-71, 2014-49 I.R.B. 912
2014-73, 2014-49 I.R.B. 912
2014-74, 2014-50 I.R.B. 937
2014-76, 2014-50 I.R.B. 946
2014-77, 2014-52 I.R.B. 974
### Proposed Regulations:
REG-151416-06, 2014-47 I.R.B. 870
REG-104579-13, 2014-33 I.R.B. 370
REG-120756-13, 2014-31 I.R.B. 252
REG-105067-14, 2014-34 I.R.B. 391
REG-110948-14, 2014-30 I.R.B. 239
REG-121542-14, 2014-28 I.R.B. 119
REG-107012-14, 2014-33 I.R.B. 371
REG-123286-14, 2014-33 I.R.B. 377
REG-209459-78, 2014-31 I.R.B. 253
REG-129507-14, 2014-38 I.R.B. 561
REG-129786-14, 2014-38 I.R.B. 562
REG-105739-11, 2014-41 I.R.B. 704
REG-136676-13, 2014-45 I.R.B. 814
## Revenue Procedures:
2014-26, 2014-27 I.R.B. 26
2014-27, 2014-27 I.R.B. 41
2014-29, 2014-28 I.R.B. 105
2014-37, 2014-33 I.R.B. 363
2014-38, 2014-29 I.R.B. 132
2014-39, 2014-29 I.R.B. 151
2014-40, 2014-30 I.R.B. 229
2014-41, 2014-33 I.R.B. 364
2014-42, 2014-29 I.R.B. 193
2014-43, 2014-32 I.R.B. 273
2014-44, 2014-32 I.R.B. 274
2014-45, 2014-34 I.R.B. 388
2014-46, 2014-33 I.R.B. 367
2014-47, 2014-35 I.R.B. 393
2014-48, 2014-36 I.R.B. 527
2014-49, 2014-37 I.R.B. 535
2014-50, 2014-37 I.R.B. 540
2014-51, 2014-37 I.R.B. 543
2014-52, 2014-38 I.R.B. 560
2014-53, 2014-39 I.R.B. 573
2014-54, 2014-41 I.R.B. 675
2014-55, 2014-44 I.R.B. 753
2014-56, 2014-45 I.R.B. 762
2014-57, 2014-45 I.R.B. 777
2014-58, 2014-45 I.R.B. 793
2014-59, 2014-47 I.R.B. 843
2014-60, 2014-47 I.R.B. 854
2014-61, 2014-47 I.R.B. 860
2014-62, 2014-50 I.R.B. 948
Revenue Rulings:
2014-14, 2014-27 I.R.B. 12
2014-19, 2014-32 I.R.B. 266
2014-20, 2014-28 I.R.B. 101
2014-21, 2014-34 I.R.B. 381
2014-22, 2014-37 I.R.B. 523
2014-23, 2014-40 I.R.B. 575
2014-24, 2014-37 I.R.B. 529
2014-25, 2014-40 I.R.B. 574
2014-26, 2014-41 I.R.B. 663
2014-26, 2014-41 I.R.B. 663
2014-27, 2014-47 I.R.B. 832
Revenue Rulings-Continued:
2014-28, 2014-45 I.R.B. 756
2014-29, 2014-52 I.R.B. 960
2014-30, 2014-49 I.R.B. 910
2014-31, 2014-50 I.R.B. 935
2014-32, 2014-50 I.R.B. 917
2014-33, 2014-52 I.R.B. 957
2014-34, 2014-52 I.R.B. 954
## Treasury Decisions:
9664, 2014-32 I.R.B. 254
9668, 2014-27 I.R.B. 1
9669, 2014-28 I.R.B. 103
9670, 2014-29 I.R.B. 121
9671, 2014-29 I.R.B. 124
9672, 2014-30 I.R.B. 196
9673, 2014-30 I.R.B. 212
9674, 2014-30 I.R.B. 225
9675, 2014-31 I.R.B. 242
9676, 2014-32 I.R.B. 260
9677, 2014-31 I.R.B. 241
9678, 2014-32 I.R.B. 262
9679, 2014-32 I.R.B. 267
9680, 2014-32 I.R.B. 254
9681, 2014-33 I.R.B. 340
9682, 2014-33 I.R.B. 342
9683, 2014-33 I.R.B. 330
9684, 2014-33 I.R.B. 345
9685, 2014-34 I.R.B. 379
9686, 2014-34 I.R.B. 382
9687, 2014-36 I.R.B. 486
9688, 2014-36 I.R.B. 482
9689, 2014-36 I.R.B. 456
9690, 2014-38 I.R.B. 548
9691, 2014-38 I.R.B. 547
9692, 2014-40 I.R.B. 574
9693, 2014-41 I.R.B. 596
9694, 2014-41 I.R.B. 626
9695, 2014-42 I.R.B. 707
9696, 2014-43 I.R.B. 727
9697, 2014-43 I.R.B. 729
9698, 2014-47 I.R.B. 836
9699, 2014-46 I.R.B. 818
9700, 2014-48 I.R.B. 897
9701, 2014-49 I.R.B. 908
9702, 2014-48 I.R.B. 899
9704, 2014-50 I.R.B. 922
1A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2014-01 through 2014-26 is in Internal Revenue Bulletin
2014-26, dated June 30, 2014.
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Finding List of Current Actions on Previously Published Items1
Revenue Procedures-Continued: 2003-75
Revenue Procedures-Continued:
2014-13
Bulletins 2014-27 through 2014-52
Superseded by
Modified by
Rev. Proc. 2014-55, 2014-44 I.R.B. 753
Rev. Proc. 2014-38, 2014-29 I.R.B. 132
Announcements:
2004-21
2014-13
2008-87
Superseded by
Superseded by
Supplemented by
Rev. Proc. 2014-47, 2014-35 I.R.B. 393
Rev. Proc. 2014-38, 2014-29 I.R.B. 132
Ann. 2014-33, 2014-49 I.R.B. 916
2005-77
2014-16
2012-11
Superseded by
Superseded by
Supplemented by
Rev. Proc. 2014-47, 2014-35 I.R.B. 393
Rev. Proc. 2014-51, 2014-37 I.R.B. 543
Ann. 2014-2, 2014-28 I.R.B. 120
2011-14
2014-16
2013-11
Modified by
Modified by
Supplemented by
Rev. Proc. 2014-48, 2014-36 I.R.B. 527
Rev. Proc. 2014-51, 2014-37 I.R.B. 543
Ann. 2014-2, 2014-28 I.R.B. 120
2011-14
2014-12
2013-12
Modified by
Modified by
Supplemented by
Rev. Proc. 2014-54, 2014-41 I.R.B. 675
Rev. Proc. 2014-54, 2014-41 I.R.B. 675
Ann. 2014-33, 2014-49 I.R.B. 916
2011-16
2014-17
2010-41
Superseded by
Modified by
Obsoleted by
Rev. Proc. 2014-51, 2014-37 I.R.B. 543
Rev. Proc. 2014-54, 2014-41 I.R.B. 675
Rev. Proc. 2014-43, 2014-32 I.R.B. 273
2011-16
Revenue Rulings:
Proposed Regulations:
Modified by
Rev. Proc. 2014-51, 2014-51 I.R.B. 543
2006-57
84-102
Modified by
Obsoleted by
2012-38
Rev. Rul. 2014-32, 2014-50 I.R.B. 917
REG-151416-06 2014-47 I.R.B. 870
Superseded by
Rev. Proc. 2014-27, 2014-27 I.R.B. 26
2006-57
Revenue Procedures:
2012-46
Superseded by Rev. Rul. 2014-32, 2014-50 I.R.B. 917
1981-38
Superseded by
Superseded by
Rev. Proc. 2014-26, 2014-27 I.R.B. 41
2008-40
Rev. Proc. 2014-42, 2014-29 I.R.B. 193
Modified by
2014-4
Rev. Rul. 2014-24, 2014-37 I.R.B. 529
93-37
Amplified by
Modified and Superseded by
Rev. Proc. 2014-40, 2014-30 I.R.B. 229
Rev. Proc. 2014-43, 2014-32 I.R.B. 273
2011-1
Modified by
2014-4
Rev. Rul. 2014-24, 2014-37 I.R.B. 529
1981-38
Modified by
Modified by
Rev. Proc. 2014-41, 2014-41 I.R.B. 675
Rev. Proc. 2014-42, 2014-29 I.R.B. 193
2012-6
Modified by
2014-5
2000-12
Amplified by
Rev. Rul. 2014-24, 2014-37 I.R.B. 529
Superseded by
Rev. Proc. 2014-40, 2014-30 I.R.B. 229
Rev. Proc. 2014-39, 2014-29 I.R.B. 151
2013-23
2002-23
2014-8
Superseded by Rev. Rul. 2014-30, 2014-49 I.R.B. 910
Superseded by
Amplified by
Rev. Proc. 2014-55, 2014-44 I.R.B. 753
Rev. Proc. 2014-40, 2014-30 I.R.B. 229
2013-23
2002-55
2014-9
Supplemented by I.R.B. 910
Revoked by
Amplified by
Rev. Rul. 2014-30, 2014-49
Rev. Proc. 2014-39, 2014-29 I.R.B. 151
Rev. Proc. 2014-40, 2014-30 I.R.B. 229
2014-27
2003-64
2014-10
Modified by 957
Superseded by
Amplified by
Rev. Rul. 2014-33, 2014-52 I.R.B.
Rev. Proc. 2014-47, 2014-35 I.R.B. 393
Rev. Proc. 2014-40, 2014-30 I.R.B. 229
1A cumulative list of current actions on previously published items in Internal Revenue Bulletins 2014-01 through 2014-26 is in Internal Revenue Bulletin 2014-26, dated June 30, 2014.
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## Notices:
2009-68
Modified by
Notice 2014-74, 2014-50 I.R.B. 937
2010-62
Amplified by
Notice 2014-58, 2014-44 I.R.B. 746
2013-1
Modified by
Notice 2014-61, 2014-43 I.R.B. 746
2013-1
Superseded by
Notice 2014-61, 2014-43 I.R.B. 746
2013-11
Modified by
Notice 2014-48, 2014-36 I.R.B. 523
2013-23
Modified by
Notice 2014-48, 2014-36 I.R.B. 523
2013-28
Modified by
Notice 2014-48, 2014-36 I.R.B. 523
2013-29
Modified by
Notice 2014-46, 2014-36 I.R.B. 520
2013-29
Clarified by
Notice 2014-46, 2014-36 I.R.B. 520
2013-32
Modified by
Notice 2014-48, 2014-36 I.R.B. 523
2013-37
Modified by
Notice 2014-48, 2014-36 I.R.B. 523
2013-38
Superseded by
Notice 2014-61, 2014-43 I.R.B. 746
2013-51
Obsoleted by
Notice 2014-42, 2014-34 I.R.B. 387
2013-60
Modified by
Notice 2014-46, 2014-36 I.R.B. 520
2013-60
Clarified by
Notice 2014-46, 2014-36 I.R.B. 520
2013-65
Superseded by
Notice 2014-57, 2014-42 I.R.B. 723
Notices-Continued:
2013-38
Superseded by
Notice 2014-61, 2014-43 I.R.B. 746
2014-44
Supplemented by
Notice 2014-45, 2014-34 I.R.B. 388
### Treasury Decisions:
2005-47
Obsoleted by
T.D. 9668 2014-27 I.R.B. 1
2010-51
Obsoleted by
T.D. 9684 2014-33 I.R.B. 345
2010-71
Obsoleted by
T.D. 9684 2014-33 I.R.B. 345
2011-6
Obsoleted by
T.D. 9684 2014-33 I.R.B. 345
2011-9
Obsoleted by
T.D. 9684 2014-33 I.R.B. 345
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<!-- PageHeader="INDEX" -->
#### Internal Revenue Bulletins 2014-27 through 2014-52
The abbreviation and number in parenthesis following the index
entry refer to the specific item; numbers in roman and italic type
following the parentheses refer to the Internal Revenue Bulletin in
which the item may be found and the page number on which it
appears.
Key to Abbreviations:
Ann
Announcement
CD
Court Decision
DO
Delegation Order
EO
Executive Order
PL
Public Law
PTE
Prohibited Transaction Exemption
RP
Revenue Procedure
RR
Revenue Ruling
SPR
Statement of Procedural Rules
TC
Tax Convention
TD
Treasury Decision
TDO
Treasury Department Order
# ADMINISTRATIVE
AJCA-Section 6707 and the Penalty for Failure to Furnish
Information Regarding Reportable Transactions by Material
Advisors (TD 9686) 34, 382
Adjusted Applicable Dollar Amount for Fee Imposed by §§ 4375
and 4376 (Notice 56) 41, 674
Announcement to Discontinue the Internal Revenue Bulletin
Index (Ann 27) 28, 120
Annual Filing Season Program (RP 42) 29, 193
Disclosure to Census Bureau (REG-120756-13) 31, 241
Disclosure to Census Bureau (TD 9677) 31, 241
Information reporting by passport applicants (TD 9679) 32, 267
Low-Income Housing Tax Credit (RP 52) 38, 560
Per Capita Payments from Proceeds of Settlements of Indian
Tribal Trust Cases (Notice 61) 43, 744
Procedures to void backup withholding (RP 43) 32, 273
Proposed Regulations:
26 CFR part 301 is amended, section 301.6103(j)(1)-1 is
amended, section 301.6103(j)(1)-1T added (REG-
120756-13) 31, 241
Regulations Governing Practice Before the Internal Revenue
Service (REG-138367-06) (TD 9668) 27, 1
Regulations:
31 CFR 10.1, revised; 10.3, revised; 10.22, revised; 10.31,
revised; 10.35, revised; 10.36, revised; 10.37, revised;
10.52, revised; 10.81, revised; 10.82, revised; 10.91, re-
vised. (TD 9668) 27, 1
26 CFR 301.6109-4, added; 1.6042-4, amended; 1.6043-4,
amended; 1.6044-5, amended; 1.6045-2, amended; 1.6045-3,
amended; 1.6045-4, amended; 1.6045-5, amended; 1.6049-6,
amended; 1.6050A-1, amended; 1.6050E-1, amended;
1.6050N-1, amended; 1.6050P-1, amended; 1.6050S-1, amend-
ed; 1.6050S-3, amended (TD 9675) 31, 242
# ADMINISTRATIVE-Cont.
26 CFR part 301 is amended, section 301.6103(j)(1)-1 is
amended, section 301.6103(j)(1)-1T added (TD 9677) 31,
241
26 CFR part 301, amended; 26 CFR 301.6039E-1 added (TD
9679) 32, 267
26 CFR 301.6707-1, added; 301.6707-1T, removed; Rev.
Proc. 2007-21, sections 4.04, 4.05, and 4.06 superseded;
material advisor penalty for failure to furnish information
regarding reportable transactions (TD 9686) 34, 382
Substantiation by Per Diem Rates (Notice 2014-57) 42, 723
Substitute Forms Preparation for Certain Information Returns
(RP 27) 27, 41
Substitute Forms Preparation for Certain Information Returns
(RP 44) 32, 274
Truncated Taxpayer Identification Numbers (TD 9675) 31, 242
## EMPLOYEE PLANS
Additional Permitted Election Changes for Health Coverage
under § 125 Cafeteria Plans (Notice 55) 41, 672
Cash balance plans and other hybrid defined benefit pension
plans (TD 9693) 41, 596
Excepted benefits
Group Trusts (RR 24) 37, 529
Individual Retirement Account Rollover Limitations (REG-
209459-78) 31, 253
Individual Retirement Plans Rollovers (Ann 32) 48, 907
Limitations on benefits and contributions
Cost-of-living adjustments (Not 70) 48, 905
Cost-of-living adjustments (Ann 37) 51, 951
Longevity Annuity Contracts (TD 9673) 30, 212
Proposed Regulations:
26 CFR 408, Individual Retirement Accounts (REG-209459-
78\) 31, 253
Qualified Plans
Individual Retirement Plans (Ann 34) 51, 949
Rollovers (Notice 54) 41, 670
Nondiscrimination (Notice 66) 46, 820
Minimum Funding Requirements (Notice 53) 43, 737
Rollovers (Notice 74) 50, 937
Opinion Letters (Ann 41) 52, 979
Cumulative List of Changes in Plan Qualification Require-
ments (Notice 77) 52, 974
Qualified Retirement Plans
Covered Compensation, Permitted disparity (RR 34) 52, 954
Regulations:
26 CFR 54.9815-2708, as amended (TD 9671) 29, 174
26 CFR 1.401(a)(9)-5, amended; 1.401(a)(9)-6, amended;
1.403(b)-6, amended; 1.408-8, amended; 1.408A-6,
amended; 1.6047-2, added (TD 9673) 30, 212
26 CFR 1.411(a)(13)-1, amended (TD 9693); 26 CFR
1.411(b)-1, amended (TD 9693); 26 CFR 1.411(b)(5)-1,
amended (TD 9693) 41, 596
26 CFR 1.162-31, added (REG-106796-12 TD 9694) 41,
626
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# EMPLOYEE PLANS-Cont.
26 CFR 301.6057-3 added, 301.6058-2 added, 301.6059-2
added (TD 9695) 42, 707
26 CFR 54.9831-1 is amended (TD 9697) 43, 729
Requirement to File Certain Employee Benefit Statements, No-
tices and Reports Electronically with the Internal Revenue
Service (TD 9695) 42, 707
Rules relating to 90 day waiting period limitation (TD 9671) 29,
174
The $500,000 deduction limitation for remuneration provided by
certain health insurance providers (REG-106796-12) (TD
9694) 41, 626
Weighted average interest rates
Segment rates for June 2014 (Notice 41) 27, 97
Segment rates for July 2014 (Notice 43) 31, 249
Segment rates for August 2014 (Notice 48) 36, 523
Segment rates for September 2014 (Notice 50) 40, 590
Segment rates for October 2014 (Notice 62) 44, 749
Segment rates for November 2014 (Notice 73) 49, 912
# EMPLOYMENT TAX
Extending religious and family member FICA and FUTA excep-
tions to disregarded entities; regulations regarding the indoor
tanning services excise tax and disregarded entities (TD 9670)
29, 121
Method of accounting for gains and losses on shares in certain
money market funds; broker returns with respect to sales of
shares in money market funds (REG-107012-14) 33, 371
Publications:
1223, General Rules and Specifications for Substitute Forms
W-2c and W-3c (RP 29) 28, 105
1223, General Rules and Specifications for Substitute Forms
W-2c and W-3c (RP 56) 45, 762
4436, General Rules and Specifications for Substitute Form 941
and Schedule B (Form 941), and Schedule R (RP 26) 27, 26
4436, General Rules and Specifications for Substitute Form
941 and Schedule B (Form 941), Schedule D (Form 941),
and Schedule R (Form 941) (RP 57) 45, 777
Qualified Transit Fringe Benefits (RR 32) 50, 917
Summons Interview Regulations Under Section 7602 (REG-
121542-14) (TD 9669) 28, 103
Regulations:
26 CFR 301.7602-1 is amended to add new paragraph (b)(3)
pertaining to summons interviews. (TD 9669) 28, 103
26 CFR 1.1361-4, amended; 1.1361-4T, removed;
31.3121(b)(3)-1, amended; 31.3121(b)(3)-1T, removed;
31.3127-1, added; 31.3127-1T, removed; 31.3306(c)(5)-1,
amended; 31.3306(c)(5)-1T, removed; 301.7701-2, amend-
ed; 301.7701-2T, removed; extending religious and family
member FICA and FUTA exceptions to disregarded entities;
regulations regarding the indoor tanning services excise tax
and disregarded entities (TD 9670) 29, 121
26 CFR 1.446-7 added; 1.6045-1 amended; method of ac-
counting for gains and losses on shares in certain money
market funds; broker returns with respect to sales of shares
in money market funds (REG-107012-14) 33, 371
# ESTATE TAX
Cost-of-living adjustments for inflation for 2015 (RP 61) 47, 381
Section 2032A .- Valuation of Certain Farm, Etc., Real Property
(RR 21) 34, 108
Summons Interview Regulations Under Section 7602 (REG-
121542-14) (TD 9669) 28, 103
Regulations:
26 CFR 301.7602-1 is amended to add new paragraph (b)(3)
pertaining to summons interviews. (TD 9669) 28, 103
# EXCISE TAX
Adjusted Applicable Dollar Amount for Fee Imposed by §§ 4375
and 4376 (Notice 56) 41, 674
Alternative process for religious objections to providing contra-
ceptive coverage under section 9815 (REG-129507-14) 38,
561
Alternative process for religious objections to providing contra-
ceptive coverage under section 9815 (TD 9690) 38, 548
Branded Prescription Drug Fee (REG-123286-14) 33, 377
Branded Prescription Drug Fee (TD 9684) 33, 245
Branded Prescription Drug Fee (Notice 42) 34, 387
Cost-of-living adjustments for inflation for 2015 (RP 61) 47, 860
Definition of "eligible organization" under section 9815, regard-
ing coverage of preventive services, including contraceptive
coverage (REG-129786-14) 38, 562
Extending religious and family member FICA and FUTA excep-
tions to disregarded entities; regulations regarding the indoor
tanning services excise tax and disregarded entities (TD 9670)
29, 121
Highway Use Tax (REG-122813-11) 47, xxx
Section 9010 of the ACA; health insurance providers fee (Notice
47) 36, 522
Summons Interview Regulations Under Section 7602 (REG-
121542-14) (TD 9669) 28, 103
Proposed Regulations:
26 CFR 54.9815-2713A is revised; accommodations in con-
nection with coverage of preventive health services under
section 9815 (REG-129507-14) 38, 561
26 CFR 54.9815-2713A(a) amended; accommodations in
connection with coverage of preventive health services
under section 9815 (REG-129786-14) 38, 562
Regulations:
26 CFR 301.7602-1 is amended to add new paragraph (b)(3)
pertaining to summons interviews. (TD 9669) 28, 103
26 CFR 1.1361-4, amended; 1.1361-4T, removed;
31.3121(b)(3)-1, amended; 31.3121(b)(3)-1T, removed;
31.3127-1, added; 31.3127-1T, removed;
31.3306(c)(5)-1, amended; 31.3306(c)(5)-1T, removed;
301.7701-2, amended; 301.7701-2T, removed; extending
religious and family member FICA and FUTA exceptions
to disregarded entities; regulations regarding the indoor
tanning services excise tax and disregarded entities (TD
9670) 29, 121
26 CFR 54.9815-2708, as amended (TD 9671) 29, 124
26 CFR 51.2(e)(3), amended; (REG-123286-14) 33, 377
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# EXCISE TAX-Cont.
26 CFR 54.9815-2713A(b), (c)(1), and (c)(2)(i) introductory
text amended; 54.9815-2713A(f) and 54.9815-2713AT
added; accommodations in connection with coverage of
preventive health services under section 9815 (TD 9690)
38, 548
Rules relating to 90 day waiting period limitation (TD 9671) 29,
121
# EXEMPT ORGANIZATIONS
Notice of Disposition of Declaratory Judgment Proceedings un-
der Section 742851, 953
Regulations:
26 CFR 1.501(c)-1 amended 1. 501(a)-1T added;
1.501(c)(3)-1 amended, 1.501(c)(3)-1T added; and
1.508-1 amended, 1.508-1T added (REG-110948-14)
(TD 9674) 30, 225
Revocation of exempt status under IRC 501(c)(3) (ANN 2014-
36) 51, 950
Revocation of exempt status under IRC 501(c)(3) (Ann 2014-
39) 51, 953
Streamlined Application for Recognition of Exemption Under
Section 501(c)(3) (RP 2014-40) 30, 229
Streamlined process for 501(c)(3) recognition (REG-110948-
14) 30, 239
Streamlined process for 501(c)(3) recognition (TD 9674) 30, 225
# GIFT TAX
Cost-of-living adjustments for inflation for 2015 (RP 61) 47, 860
Summons Interview Regulations Under Section 7602 (REG-
121542-14) (TD 9669) 28, 103
Regulations:
26 CFR 301.7602-1 is amended to add new paragraph (b)(3)
pertaining to summons interviews (REG-121542-14) (TD
9669) 28, 103
# INCOME TAX
Accounting method change, retail inventory method (RP 48) 36,
527
Additional Guidance Under the Codified Economic Substance
Doctrine and Related Penalties (Notice 58) 44, 746
AJCA-Section 6707 and the Penalty for Failure to Furnish
Information Regarding Reportable Transactions by Material
Advisors (TD 9686) 34, 382
Allocation and Apportionment of Interest Expense (TD 9676)
32, 260
Allocation of Basis in All Cash D Reorganizations (TD 9702) 48,
899
Allocation of Earnings and Profits in Tax-Free Transfers from
One Corporation to Another; Acquiring Corporation for Pur-
poses of Section 381 (TD 9700) 48, 897
Awards for Information Relating to Detecting Underpayments of
Tax or Violations of the Internal Revenue Laws (TD 9687) 36,
486
2014 Base Period T-Bill Rate (RR-2014-27) 47, 832
# INCOME TAX-Cont.
2014 Base Period T-Bill Rate (RR 33) 52, 957
Basis of indebtedness of S corporations to their shareholders (TD
9682) 33, 342
Business expenses, lodging when not traveling away from home
(TD 9696) 43, 727
Cost-of-living adjustments for inflation for 2015 (RP 61) 47, 860
Credit for carbon dioxide Sequestration (Notice 40) 27, 100
Certain Distributions Treated as Sales or Exchanges (REG-
151416-06) 47, 870
Debt that is a position in personal property that is part of a
straddle (TD 9691) 38, 547
Disaster relief: Leave-based donation programs for victims of
West African Ebola outbreak (Notice 68) 47, 842
Disaster relief: West African Ebola outbreak designated a qual-
ified disaster under section 139 (Notice 65) 47, 842
Disciplinary actions involving attorneys, certified public accoun-
tants, enrolled agents, and enrolled actuaries, enrolled retire-
ment plan agents, and appraisers (ANN 29) 35, 452
Disciplinary actions involving attorneys, certified public accoun-
tants, enrolled agents, enrolled actuaries, enrolled retirement
plan agents, and appraisers (Ann 31) 46, 827
Disclosure to Census Bureau (REG-120756-13) 31, 252
Disclosure to Census Bureau (TD 9677) 31, 241
Dispositions of property subject to depreciation under section
168 (TD 9689) 36, 456
Employer shared responsibility; look-back measurement method
(Notice 49) 41, 665
Failure to File Gain Recognition Agreements or Satisfy Other
Reporting Obligations (TD 9704) 50, 922
FFI Agreement for Participating FFI and Reporting Model 2 FFI
(RP 38) 29, 132
Foreign Earned Income Exclusion (Ann 2014-28) 34, 391
Foreign tax credit guidance under section 901 (m) (Notice 44)
32, 391
Foreign tax credit guidance under section 901 (m) (Notice 45)
34, 270
Information reporting by passport applicants (TD 9679) 32, 267
Insurance; effectively connected income (RP 53) 39, 573
Interest:
Investment:
Federal short-term, mid-term, and long-term rates for: July
2014 (RR 20) 28, 101
Federal short-term, mid-term, and long-term rates for: Au-
gust 2014 (RR 19) 32, 266
Federal short-term, mid-term, and long-term rates for: Sep-
tember 2014 (RR 22) 37, 533
Federal short-term, mid-term, and long-term rates for: Oc-
tober 2014 (RR 26) 41, 663
Federal short-term, mid-term, and long-term rates for:No-
vember 2014 (RR 28) 45, 756
Federal short-term, mid-term, and long-term rates for: De-
cember 2014 (RR 31) 50, 935
Involuntary conversions, livestock sold on account of drought,
extension of replacement period, list of affected counties (No-
tice 60) 43, 741
2014 Marginal Production Rates (Notice 63) 45, 759
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# INCOME TAX-Cont.
Method change procedures for dispositions of tangible deprecia-
ble property (RP 2014-54) 41, 747
Modified Applicability Dates of Certain Provisions Under Chap-
ters 3 and 61 (Notice 59) 44, 388
Money market funds and the wash sale rules (RP 45) 34, 370
Premium Tax Credit (REG-104579-13) 33, 370
Premium Tax Credit (RP 37) 33, 363
Premium Tax Credit (RP 41) 33, 364
Premium Tax Credit (RP 62) 50, 330
Premium Tax Credit (TD 9683) 33, 903
Premium tax credit, minimum essential coverage (NOT 71) 49,
822
Premium tax credit, minimum value (NOT 69) 48, 903
Private Business Use of Tax-Exempt Bond Financed Facilities
(Notice 67) 46, 822
Production Tax Credit, Investment Tax Credit, Beginning of
Construction (Notice 46) 36, 520
Proposed Regulations:
26 CFR part 301 is amended, section 301.6103(j)(1)-1 is
amended, section 301.6103(j)(1)-1T added (REG-
120756-13) 31, 252
26 C.F.R. 1.382-3(j)(17), modified; 1.382-3T(j)(17), added,
segregation rules for public groups of shareholders (REG-
105067-14) 34, 391
Publications:
1141 General Rules and Specifications for Substitute Forms
W-2 and W-3 (RP 58) 45, 793
1223, General Rules and Specifications for Substitute Forms
W-2c and W-3c (RP 29) 28, 105
1223, General Rules and Specifications for Substitute Forms
W-2c and W-3c (RP 56) 45, 762
4436, General Rules and Specifications for Substitute Form
941 and Schedule B (Form 941), and Schedule R (RP 26)
27, 26
4436, General Rules and Specifications for Substitute Form
941 and Schedule B (Form 941), Schedule D (Form 941),
and Schedule R (Form 941) (RP 57) 45, 777
Qualified Intermediary (QI) Agreement (RP 39) 29, 151
Qualified residential rental projects (RP-105272-13) (RP 50) 37,
540
Qualified Transit Fringe Benefits (RR 32) 50, 917
Recovery of overpayments of arbitrage rebate on tax-exempt
bonds and other tax-advantaged bonds (REG-148812-11) (TD
9701) 49, 908
Regulations:
31 CFR 10.1, revised; 10.3, revised; 10.22, revised; 10.31,
revised; 10.35, revised; 10.36, revised; 10.37, revised;
10.52, revised; 10.81, revised; 10.82, revised; 10.91, re-
vised (TD 9668) 27, 1
26 CFR 301.7602-1 is amended to add new paragraph (b)(3)
pertaining to summons interviews (REG-121542-14) (TD
9669) 28, 103
26 CFR 1.45R-0, added; 1.45R-1, added; 1.45R-2, added;
1.45R-3, added; 1.45R-4, added; 1.45R-5, added; tax
credit for employee health insurance expenses of small
employers (TD 9672) 30, 196
# INCOME TAX-Cont.
26 CFR 301.6109-4, added; 1.6042-4, amended; 1.6043-4,
amended; 1.6044-5, amended; 1.6045-2, amended;
1.6045-3, amended; 1.6045-4, amended; 1.6045-5,
amended; 1.6049-6, amended; 1.6050A-1, amended;
1.6050E-1, amended; 1.6050N-1, amended; 1.6050P-1,
amended; 1.6050S-1, amended; 1.6050S-3, amended (TD
9675) 31, 242
26 CFR 1.67-4, amended (TD 9667) 32, 254
26 CFR part 301 is amended, section 301.6103(j)(1)-1 is
amended, section 301.6103(j)(1)-1T added (TD 9677) 31,
254
26 CFR 1.861-9 amended, 1.861-11 amended; (TD 9676) 32,
260
26 CFR 1.1092(b)-6, added; 1.1092(b)-6T, removed;
1.1092(b)-3T, amended; (TD 9678) 32, 262
26 CFR part 301, amended; 26 CFR 301.6039E-1 added (TD
9679) 32, 267
26 CFR 1.174-2 amended; (TD 9680) 32, 254
26 CFR 1.36B-2T, 26 CFR 1.36B-3T, 1.36B-4T, added; 26
CFR 1.36B-2, 26 CFR 1.36B-3\\, 1.36B-4, amended; 26
CFR 1.162(1)-1 and 26 CFR 1.162(1)-1T, added. (REG-
104579-13) 33, 370
26 CFR 1.195-2, added; 26 CFR 1.708-1, amended; 26 CFR
1.709-1, amended. (TD 9681) 33, 340
26 CFR 1.1366-2(a), added new paragraph (a)(2) and moved
current (a)(2) through (a)(6) to (a)(3) through (a)(7), re-
spectively; basis of indebtedness of S corporations to their
shareholders (TD 9682) 33, 342
26 CFR 1.36B-2T, 26 CFR 1.36B-3T, 1.36B-4T added, 26
CFR 1.36B-2, 26 CFR 1.36B-3\\, 1.36B-4, amended, 26
CFR 1.162(1)-1 and 26 CFR 1.162(1)-1T added, (TD
9683) 33, 330
26 C.F.R. 1.382-3(j)(17), modified; 1.382-3T(j)(17), added,
segregation rules for public groups of shareholders (TD
9685) 34, 379
26 CFR 301.6707-1, added; 301.6707-1T, removed; Rev.
Proc. 2007-21, sections 4.04, 4.05, and 4.06 superseded;
material advisor penalty for failure to furnish information
regarding reportable transactions (TD 9686) 34, 382
26 CFR 301.7623-1, revised; 26 CFR 301.7623-4, added; 26
CFR 301.7623-2, added; 26 CFR 301.6103(h)(4)-1, added
26 CFR 301.7623-3, added; (TD 9687) 36, 486
26 CFR 1.471-8 amended (TD 9688) 36, 482
26 CFR 1.168(i)-8 added; 1.165-2, 1.168(i)-0, 1.168(i)-1,
1.168(i)-7, 1.263(a)-3, 1.1016-3 amended; 1.168(i)-0T,
1.168(i)-1T, 1.168(i)-8T removed; dispositions of prop-
erty subject to depreciation under section 168 (TD 9689)
36, 453
26 CFR 1.1092(d)-1, amended; 1.1092(d)-1T, removed; debt
that is a position in personal property that is part of a
straddle (TD 9691) 38, 547
26 CFR 1.402A-1, amended; Removal of Allocation Rule for
Disbursements from Designated Roth Accounts to Multi-
ple Destinations (REG-105739-11) 41, 704
26 CFR 1.162-32, added; 1.262-1, amended (TD 9696) 43,
727
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# INCOME TAX-Cont.
26 CFR 1.6050P-1, removed paragraphs (b)(2)(i)(H),
(b)(2)(iv), and (b)(2)(v) (REG-136676-13) 45, 814
26 CFR 1.6050P-1(h), revised (REG-136676-13) 45, 814
26 CFR 301.6724-1(c)(6), amended; 26 CFR 31.3406(g)-
1(f), 26 CFR 301.6724-1(e)(1)(vi)(H), and 26 CFR
301.6724-1(f)(5)(vii), removed;removal of the Qualified
Payment Card Agent Program (REG-163195-05) (TD
9699) 46, 818
26 CFR 1.358-2(a)(2)(iii), revised; 26 CFR 1.358-2(c) Ex.
15 & 16, added; 26 CFR 1.358-2(d) revised; 26 CFR
1.358-2T removed; Allocation of Basis in All Cash D
Reorganizations (REG-101273-10) or (TD 9702) 48, 899
26 CFR part 1, 1.148-0 amended by adding entries to para-
graph (c) for 1.148-3(i)(3) and 1.148-11(k) and (1), and
revising 1.148-11 section heading. 26 CFR part 1,
1.148-3 is amended by adding paragraph (i)(3). 26 CFR
part 1, 1.148-11 is amended by revising the section head-
ing and adding reserved paragraph (k) and paragraph
(l).(TD 9701) 49, 908
26 CFR 1.367(a)-2, amended; 26 CFR 1.367(a)-3, amended;
26 CFR 1.367(a)-3T, amended; 26 CFR 1.367(a)-7,
amended; 26 CFR 1.367(a)-7T, removed; 26 CFR
1.367(a)-8, amended; 26 CFR 1.367(e)-2, amended; 26
CFR 1.6038B-1, amended; Failure to File Gain Recogni-
tion Agreements or Satisfy Other Reporting Obligations
(TD 9704) 50, 922
Regulations Governing Practice Before the Internal Revenue
Service (REG-138367-06) (TD 9668) 27, 1
REIT Distressed Debt (RP 51) 37, 543
Removal of Allocation Rule for Disbursements from Designated
Roth Accounts to Multiple Destinations (REG-105739-11)
41, 704
Removal of the Qualified Payment Card Agent Program (REG-
163195-05) (TD 9699) 46, 818
Removal of the 36 month Non-payment Testing Period Rule
(REG-136676-13) 45, 814
Research and experimental expenditures (TD 9680) 32, 254
Retail inventory method (TD 9688) 36, 482
Rules Regarding Inversions and Related Transactions (Notice
2014-52) 42, 712
Tax Credit for Employee Health Insurance Expenses of Small
Employers (TD 9672) 30, 196
Tax deferral election procedures and information reporting for
Canadian retirement plans (RP 55) 44, 753
Temporary relief from certain requirements of § 42 (Rev. Proc.
2014-39) (RP 49) 37, 535
Truncated Taxpayer Identification Numbers (TD 9675) 31, 242
Salvage Discount Factors for 2014 (RP 60) 47, 854
2014 Section 43 Inflation Adjustment (Notice 64) 45, 759
Section 67 Limitations on Estates or Trusts; Change of Effective
Date (TD 9664) 32, 254
Section 1298(f) Reporting Requirements for U.S. Persons that
Hold Stock of a Passive Foreign Investment Company that is
Marked to Market Under Section 475 or Another Chapter 1
Code Provision Other Than Section 1296 (Notice 51) 40, 594
Section 5000A hardship exemptions (Notice 76) 50, 946
# INCOME TAX-Cont.
Section 5000A national average premium for a bronze level of
coverage (RP 46) 33, 367
Segregation rules for public groups of shareholders, (REG-
105067-14) 34, 391
Segregation rules for public groups of shareholders, (TD 9685)
34, 379
Standard Industry Fare Level (RR 2014-25) 40, 574
Substantiation by Per Diem Rates (Notice 2014-57) 42, 723
Substitute Forms Preparation for Certain Information Returns
(RP 27) 27, 41
Substitute Forms Preparation for Certain Information Returns
(RP 44) 32, 274
Summons Interview Regulations Under Section 7602 (REG-
121542-14) (TD 9669) 28, 103
Unamortized organization and syndication expenses following a
partnership technical termination (TD 9681) 33, 240
Underpayment and overpayments, quarter beginning: July 1,
2014 (RR 14) 27, 12
Underpayment and overpayments, quarter beginning: October 1,
2014 (RR-129839-14) 40, 575
Underpayment and overpayments, quarter beginning: January 1,
2015 (RR 29) 52, 960
Unpaid Losses Discount Factors for 2014 (RP 59) 47, 843
Unrealized gain or loss treatment upon establishment of an
identified mixed straddle (TD 9678) 32, 262
Voluntary withholding(TD-9692) 40, 574
26 CFR 31.3402(p)-1, section (c) added (TD 9692) 40, 574
Withholding Foreign Partnership and Trust Agreements (RP 47)
35, 393
# SELF-EMPLOYMENT TAX
Extending religious and family member FICA and FUTA excep-
tions to disregarded entities; regulations regarding the indoor
tanning services excise tax and disregarded entities (TD 9670)
29, 121
Regulations:
26 CFR 1.1361-4, amended; 1.1361-4T, removed;
31.3121(b)(3)-1, amended; 31.3121(b)(3)-1T, removed;
31.3127-1, added; 31.3127-1T, removed;
31.3306(c)(5)-1, amended; 31.3306(c)(5)-1T, removed;
301.7701-2, amended; 301.7701-2T, removed; extending
religious and family member FICA and FUTA exceptions
to disregarded entities; regulations regarding the indoor
tanning services excise tax and disregarded entities (TD
9670) 29, 121
# SPECIAL ANNOUNCEMENT
Annual Filing Season Program (RP 42) 29, 193
Changes to the Internal Revenue Bulletin (IRB) (Ann 33) 49, 916
Procedures to Avoid Backup Withholding (RP 43) 32, 273
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# INTERNAL REVENUE BULLETIN
The Introduction at the beginning of this issue describes the purpose and content of this publication. The weekly Internal Revenue
Bulletins are available at www.irs.gov/irb/.
# CUMULATIVE BULLETINS
The contents of the weekly Bulletins were consolidated semiannually into permanent, indexed, Cumulative Bulletins through the
2008-2 edition.
# INTERNAL REVENUE BULLETINS ON CD-ROM
Internal Revenue Bulletins are available annually as part of Publication 1796 (Tax Products CD-ROM). The CD-ROM can be
purchased from National Technical Information Service (NTIS) on the Internet at www.irs.gov/cdorders (discount for online orders)
or by calling 1-877-233-6767. The first release is available in mid-December and the final release is available in late January.
# We Welcome Comments About the Internal Revenue Bulletin
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