Internal Revenue Bulletin 2017-49 (PDF rendition): IRS Revenue Rulings

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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. 2017–23, page 546.
Section 995(f) of the Internal Revenue Code requires the IRS to
annually publish a “base period T-bill rate” with which a share-
holder of an interest charge domestic international sales cor-
poration (IC-DISC) calculates the interest due on their IC-DISC-
related deferred tax liability for the year. Revenue Ruling
2017–23 sets forth the base period T-bill rate as determined
by the Office of Debt Management within the Treasury Depart-
ment for the period ending September 30, 2017, and provides
a table of factors compounded daily for taxpayers with short or
alternative taxable years.
Rev. Rul. 2017–24, page 556.
Federal rates; adjusted federal rates; adjusted federal long-
term rate and the long-term exempt rate. For purposes of
sections 382, 1274, 1288, and other sections of the Code,
tables set forth the rates for December 2017. Table 6, how-
ever, contains the 2018 interest rate for purposes of sections
846 and 807.
Finding Lists begin on page ii.
Bulletin No. 2017– 49
December 4, 2017

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.
December 4, 2017Bulletin No. 2017– 49

Part I. Rulings and Decisions Under the Internal Revenue Code
of 1986
Section 995—Taxation of DISC Income to Share-
holders
2017 Base Period T-Bill Rate. The “base period
T-bill rate” for the period ending September 30,
2017, is published as required by section 995(f) of
the Internal Revenue Code.
Rev. Rul. 2017–23
Section 995(f)(1) of the Internal Reve-
nue Code provides that a shareholder of a
domestic international sales corporation
(“DISC”) shall pay interest each taxable
year in an amount equal to the product of
the “shareholder’s DISC-related deferred
tax liability” for the year (as defined in
section 995(f)(2)) and the “base period
T-bill rate.” Under section 995(f)(4), the
base period T-bill rate is the annual rate of
interest determined by the Secretary to be
equivalent to the average of the 1-year
constant maturity Treasury yields, as pub-
lished by the Board of Governors of the
Federal Reserve System, for the 1-year
period ending on September 30 of the
calendar year ending with (or the most
recent calendar year ending before) the
close of the taxable year of the share-
holder.
The base period T-bill rate for the pe-
riod ending September 30, 2017, is 1.01
percent.
Pursuant to section 6622 of the Inter-
nal Revenue Code, interest must be
compounded daily. The table below pro-
vides factors for compounding the 2017
base period T-bill rate daily for any
number of days in the shareholder’s tax-
able year (including for a 52–53 week
accounting period). To compute the
amount of the interest charge for the
shareholder’s taxable year, multiply
the amount of the shareholder’s DISC-
related deferred tax liability for that
year by the base period T-bill rate factor
corresponding to the number of days in
the shareholder’s taxable year for which
the interest charge is being computed.
Generally, one would use the factor for
365 days. One would use a different
factor only if the shareholder’s taxable
year for which the interest charge is
being determined is a short taxable year,
if the shareholder uses a 52–53 week
taxable year, or if the shareholder’s tax-
able year is a leap year.
For the base period T-bill rates for pe-
riods ending in prior years, see Rev. Rul.
2017– 01, 2017– 03 IRB 377; Rev. Rul.
2015–26,2015– 49IRB696;Rev.
Rul. 2014 –33, 2014 –52 IRB 957; Rev.
Rul. 2013–24, 2013– 49 IRB 594; and
Rev. Rul. 2012–22, 2012– 48 IRB 565.
DRAFTING INFORMATION
The principal author of this revenue
ruling is L. Ulysses Chatman of the Office
of Associate Chief Counsel (Interna-
tional). For further information regarding
the revenue ruling, contact Mr. Chatman
at (202) 317-6939 (not a toll-free num-
ber).
ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
10.000027671
20.000055343
30.000083016
40.000110690
50.000138364
60.000166039
70.000193715
80.000221391
90.000249069
100.000276747
110.000304426
120.000332105
130.000359786
140.000387467
150.000415149
160.000442832
170.000470515
180.000498199
December 4, 2017Bulletin No. 2017– 49
546

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
190.000525884
200.000553570
210.000581257
220.000608944
230.000636632
240.000664321
250.000692011
260.000719701
270.000747392
280.000775084
290.000802777
300.000830470
310.000858164
320.000885859
330.000913555
340.000941252
350.000968949
360.000996647
370.001024346
380.001052045
390.001079746
400.001107447
410.001135149
420.001162851
430.001190555
440.001218259
450.001245964
460.001273670
470.001301376
480.001329083
490.001356791
500.001384500
510.001412210
520.001439920
530.001467631
540.001495343
550.001523055
Bulletin No. 2017– 49December 4, 2017
547

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
560.001550769
570.001578483
580.001606198
590.001633914
600.001661630
610.001689347
620.001717065
630.001744784
640.001772503
650.001800224
660.001827945
670.001855667
680.001883389
690.001911113
700.001938837
710.001966562
720.001994287
730.002022014
740.002049741
750.002077469
760.002105197
770.002132927
780.002160657
790.002188388
800.002216120
810.002243853
820.002271586
830.002299320
840.002327055
850.002354790
860.002382527
870.002410264
880.002438002
890.002465741
900.002493480
910.002521220
920.002548961
930.002576703
December 4, 2017Bulletin No. 2017– 49
548

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
940.002604446
950.002632189
960.002659933
970.002687678
980.002715423
990.002743170
1000.002770917
1010.002798665
1020.002826413
1030.002854163
1040.002881913
1050.002909664
1060.002937416
1070.002965168
1080.002992922
1090.003020676
1100.003048431
1110.003076186
1120.003103942
1130.003131700
1140.003159458
1150.003187216
1160.003214976
1170.003242736
1180.003270497
1190.003298258
1200.003326021
1210.003353784
1220.003381548
1230.003409313
1240.003437079
1250.003464845
1260.003492612
1270.003520380
1280.003548149
1290.003575918
1300.003603688
Bulletin No. 2017– 49December 4, 2017
549

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
1310.003631459
1320.003659231
1330.003687003
1340.003714777
1350.003742551
1360.003770325
1370.003798101
1380.003825877
1390.003853654
1400.003881432
1410.003909211
1420.003936990
1430.003964771
1440.003992551
1450.004020333
1460.004048116
1470.004075899
1480.004103683
1490.004131468
1500.004159253
1510.004187040
1520.004214827
1530.004242615
1540.004270403
1550.004298193
1560.004325983
1570.004353774
1580.004381565
1590.004409358
1600.004437151
1610.004464945
1620.004492740
1630.004520535
1640.004548332
1650.004576129
1660.004603927
1670.004631725
1680.004659525
December 4, 2017Bulletin No. 2017– 49
550

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
1690.004687325
1700.004715126
1710.004742928
1720.004770730
1730.004798533
1740.004826337
1750.004854142
1760.004881948
1770.004909754
1780.004937561
1790.004965369
1800.004993178
1810.005020987
1820.005048797
1830.005076608
1840.005104420
1850.005132232
1860.005160046
1870.005187860
1880.005215674
1890.005243490
1900.005271306
1910.005299123
1920.005326941
1930.005354760
1940.005382579
1950.005410399
1960.005438220
1970.005466042
1980.005493865
1990.005521688
2000.005549512
2010.005577337
2020.005605162
2030.005632989
2040.005660816
2050.005688643
Bulletin No. 2017– 49December 4, 2017
551

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
2060.005716472
2070.005744302
2080.005772132
2090.005799963
2100.005827794
2110.005855627
2120.005883460
2130.005911294
2140.005939129
2150.005966965
2160.005994801
2170.006022638
2180.006050476
2190.006078315
2200.006106154
2210.006133994
2220.006161835
2230.006189677
2240.006217519
2250.006245363
2260.006273207
2270.006301052
2280.006328897
2290.006356744
2300.006384591
2310.006412439
2320.006440287
2330.006468137
2340.006495987
2350.006523838
2360.006551690
2370.006579542
2380.006607395
2390.006635250
2400.006663104
2410.006690960
2420.006718816
2430.006746674
December 4, 2017Bulletin No. 2017– 49
552

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
2440.006774531
2450.006802390
2460.006830250
2470.006858110
2480.006885971
2490.006913833
2500.006941695
2510.006969558
2520.006997423
2530.007025287
2540.007053153
2550.007081019
2560.007108887
2570.007136755
2580.007164623
2590.007192493
2600.007220363
2610.007248234
2620.007276106
2630.007303978
2640.007331852
2650.007359726
2660.007387601
2670.007415476
2680.007443353
2690.007471230
2700.007499108
2710.007526987
2720.007554866
2730.007582747
2740.007610628
2750.007638509
2760.007666392
2770.007694275
2780.007722160
2790.007750044
2800.007777930
2810.007805817
Bulletin No. 2017– 49December 4, 2017
553

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
2820.007833704
2830.007861592
2840.007889481
2850.007917370
2860.007945260
2870.007973152
2880.008001043
2890.008028936
2900.008056829
2910.008084724
2920.008112619
2930.008140514
2940.008168411
2950.008196308
2960.008224206
2970.008252105
2980.008280004
2990.008307905
3000.008335806
3010.008363708
3020.008391611
3030.008419514
3040.008447418
3050.008475323
3060.008503229
3070.008531135
3080.008559043
3090.008586951
3100.008614860
3110.008642769
3120.008670680
3130.008698591
3140.008726503
3150.008754415
3160.008782329
3170.008810243
3180.008838158
3190.008866074
December 4, 2017Bulletin No. 2017– 49
554

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
3200.008893991
3210.008921908
3220.008949826
3230.008977745
3240.009005665
3250.009033585
3260.009061506
3270.009089428
3280.009117351
3290.009145274
3300.009173199
3310.009201124
3320.009229050
3330.009256976
3340.009284904
3350.009312832
3360.009340761
3370.009368690
3380.009396621
3390.009424552
3400.009452484
3410.009480417
3420.009508351
3430.009536285
3440.009564220
3450.009592156
3460.009620093
3470.009648030
3480.009675968
3490.009703907
3500.009731847
3510.009759787
3520.009787729
3530.009815671
3540.009843614
3550.009871557
3560.009899502
3570.009927447
3580.009955393
3590.009983339
Bulletin No. 2017– 49December 4, 2017
555

ANNUAL RATE, COMPOUNDED DAILY
1.01 PERCENT
DAYSFACTOR
3600.010011287
3610.010039235
3620.010067184
3630.010095134
3640.010123085
3650.010151036
3660.010178988
3670.010206941
3680.010234895
3690.010262849
3700.010290804
3710.010318760
Section 1274.—Determination of Issue Price in the
Case of Certain Debt Instruments Issued for Prop-
erty (Also Sections 42, 280G, 382, 467, 468, 482,
483, 807, 846, 1288, 7520.)
Rev. Rul. 2017–24
This revenue ruling provides various pre-
scribed rates for federal income tax pur-
poses for December 2017 (the current
month). Table 1 contains the short-term,
mid-term, and long-term applicable federal
rates (AFR) for the current month for pur-
poses of section 1274(d) of the Internal Rev-
enue Code. Table 2 contains the short-term,
mid-term, and long-term adjusted applicable
federal rates (adjusted AFR) for the current
month for purposes of section 1288(b). Ta-
ble 3 sets forth the adjusted federal long-
term rate and the long-term tax-exempt rate
described in section 382(f). Table 4 contains
the appropriate percentages for determining
the low-income housing credit described in
section 42(b)(1) for buildings placed in ser-
vice during the current month. However,
under section 42(b)(2), the applicable per-
centage for non-federally subsidized new
buildings placed in service after July 30,
2008, shall not be less than 9%. Table 5
contains the federal rate for determining the
present value of an annuity, an interest for
life or for a term of years, or a remainder or
a reversionary interest for purposes of sec-
tion 7520. Finally, Table 6 contains the
2018 interest rate for purposes of sections
846 and 807.
REV. RUL. 2017–24 TABLE 1
Applicable Federal Rates (AFR) for December 2017
Period for Compounding
AnnualSemiannualQuarterlyMonthly
Short-term
AFR1.52%1.51%1.51%1.51%
110% AFR1.67%1.66%1.66%1.65%
120% AFR1.82%1.81%1.81%1.80%
130% AFR1.97%1.96%1.96%1.95%
Mid-term
AFR2.11%2.10%2.09%2.09%
110% AFR2.32%2.31%2.30%2.30%
120% AFR2.54%2.52%2.51%2.51%
130% AFR2.75%2.73%2.72%2.71%
150% AFR3.17%3.15%3.14%3.13%
175% AFR3.71%3.68%3.66%3.65%
Long-term
AFR2.64%2.62%2.61%2.61%
110% AFR2.90%2.88%2.87%2.86%
December 4, 2017Bulletin No. 2017– 49
556

REV. RUL. 2017–24 TABLE 1
Applicable Federal Rates (AFR) for December 2017
Period for Compounding
AnnualSemiannualQuarterlyMonthly
120% AFR3.16%3.14%3.13%3.12%
130% AFR3.44%3.41%3.40%3.39%
REV. RUL. 2017–24 TABLE 2
Adjusted AFR for December 2017
Period for Compounding
AnnualSemiannualQuarterlyMonthly
Short-term adjusted AFR1.12%1.12%1.12%1.12%
Mid-term adjusted AFR1.57%1.56%1.56%1.55%
Long-term adjusted AFR1.96%1.95%1.95%1.94%
REV. RUL. 2017–24 TABLE 3
Rates Under Section 382 for December 2017
Adjusted federal long-term rate for the current month1.96%
Long-term tax-exempt rate for ownership changes during the current month (the highest of the adjusted federal
long-term rates for the current month and the prior two months.)
1.96%
REV. RUL. 2017–24 TABLE 4
Appropriate Percentages Under Section 42(b)(1) for December 2017
Note: Under section 42(b)(2), the applicable percentage for non-federally subsidized new buildings placed in service after
July 30, 2008, shall not be less than 9%.
Appropriate percentage for the 70% present value low-income housing credit7.55%
Appropriate percentage for the 30% present value low-income housing credit3.23%
REV. RUL. 2017–24 TABLE 5
Rate Under Section 7520 for December 2017
Applicable federal rate for determining the present value of an annuity, an interest for life or a term of years,
or a remainder or reversionary interest
2.6%
REV. RUL. 2017–24 TABLE 6
Rates Under Sections 846 and 807
Applicable rate of interest for 2018 for purposes of sections 846 and 8071.66%
Bulletin No. 2017– 49December 4, 2017
557

Section 42.—Low-Income
Housing Credit
The applicable federal short-term, mid-term, and
long-term rates are set forth for the month of De-
cember 2017. See Rev. Rul. 2017–24, page 556.
Section 280G.—Golden
Parachute Payments
The applicable federal short-term, mid-term, and
long-term rates are set forth for the month of De-
cember 2017. See Rev. Rul. 2017–24, page 556.
Section 382.—Limitation
on Net Operating Loss
Carryforwards and Certain
Built-In Losses Following
Ownership Change
The adjusted applicable federal long-term rate is
set forth for the month of December 2017. See Rev.
Rul. 2017–24, page 556.
Section 467.—Certain
Payments for the Use of
Property or Services
The applicable federal short-term, mid-term, and
long-term rates are set forth for the month of De-
cember 2017. See Rev. Rul. 2017–24, page 556.
Section 468.—Special
Rules for Mining and Solid
Waste Reclamation and
Closing Costs
The applicable federal short-term, mid-term, and
long-term rates are set forth for the month of De-
cember 2017. See Rev. Rul. 2017–24, page 556.
Section 482.—Allocation of
Income and Deductions
Among Taxpayers
The applicable federal short-term, mid-term, and
long-term rates are set forth for the month of De-
cember 2017. See Rev. Rul. 2017–24, page 556.
Section 483.—Interest on
Certain Deferred Payments
The applicable federal short-term, mid-term, and
long-term rates are set forth for the month of De-
cember 2017. See Rev. Rul. 2017–24, page 556.
Section 807.—Rules for
Certain Reserves
Applicable rate of interest for 2018 for purposes of
sections 846 and 807 See Rev. Rul. 2017–24, page 556.
Section 846.—Discounted
Unpaid Losses Defined
Applicable rate of interest for 2018 for purposes of
sections 846 and 807. See Rev. Rul. 2017–24, page
556.
Section 1288.—Treatment
of Original Issue Discount
on Tax-Exempt Obligations
The adjusted applicable federal short-term, mid-
term, and long-term rates are set forth for the month of
December 2017. See Rev. Rul. 2017–24, page 556.
Section 7520.—Valuation
Tables
The applicable federal short-term, mid-term, and
long-term rates are set forth for the month of De-
cember 2017. See Rev. Rul. 2017–24, page 556.
December 4, 2017Bulletin No. 2017– 49
558

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:
Amplifieddescribes 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).
Clarifiedis 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.
Distinguisheddescribes a situation
where a ruling mentions a previously pub-
lished ruling and points out an essential
difference between them.
Modifiedis 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
withamplifiedandclarified, above).
Obsoleteddescribes 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.
Revokeddescribes situations where the
position in the previously published ruling
is not correct and the correct position is
being stated in a new ruling.
Supersededdescribes 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,modifiedand
supersededdescribes 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.
Supplementedis 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.
Suspendedis 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.
BK—Bank.
B.T.A.—Board of Tax Appeals.
C—Individual.
C.B.—Cumulative Bulletin.
CFR—Code of Federal Regulations.
CI—City.
COOP—Cooperative.
Ct.D.—Court Decision.
CY—County.
D—Decedent.
DC—Dummy Corporation.
DE—Donee.
Del. Order—Delegation Order.
DISC—Domestic International Sales Corporation.
DR—Donor.
E—Estate.
EE—Employee.
E.O.—Executive Order.
ER—Employer.
ERISA—Employee Retirement Income Security Act.
EX—Executor.
F—Fiduciary.
FC—Foreign Country.
FICA—Federal Insurance Contributions Act.
FISC—Foreign International Sales Company.
FPH—Foreign Personal Holding Company.
F.R.—Federal Register.
FUTA—Federal Unemployment Tax Act.
FX—Foreign corporation.
G.C.M.—Chief Counsel’s Memorandum.
GE—Grantee.
GP—General Partner.
GR—Grantor.
IC—Insurance Company.
I.R.B.—Internal Revenue Bulletin.
LE—Lessee.
LP—Limited Partner.
LR—Lessor.
M—Minor.
Nonacq.—Nonacquiescence.
O—Organization.
P—Parent Corporation.
PHC—Personal Holding Company.
PO—Possession of the U.S.
PR—Partner.
PRS—Partnership.
PTE
—Prohibited Transaction Exemption.
Pub. L.—Public Law.
REIT—Real Estate Investment Trust.
Rev. Proc.—Revenue Procedure.
Rev. Rul.—Revenue Ruling.
S—Subsidiary.
S.P.R.—Statement of Procedural Rules.
Stat.—Statutes at Large.
T—Target Corporation.
T.C.—Tax Court.
T.D.—Treasury Decision.
TFE—Transferee.
TFR—Transferor.
T.I.R.—Technical Information Release.
TP—Taxpayer.
TR—Trust.
TT—Trustee.
U.S.C.—United States Code.
X—Corporation.
Y—Corporation.
Z—Corporation.
Bulletin No. 2017– 49December 4, 2017
i

Numerical Finding List
1
Bulletin 2017–27 through 2017– 49
Action on Decision:
2017-5, 2017-27 I.R.B.1
2017-6, 2017-33 I.R.B.194
2017-7, 2017-42 I.R.B.311
Announcements:
2017-05, 2017-27 I.R.B.5
2017-08, 2017-28 I.R.B.9
2017-09, 2017-35 I.R.B.219
2017-10, 2017-33 I.R.B.210
2017-11, 2017-39 I.R.B.255
2017-12, 2017-38 I.R.B.238
2017-13, 2017-40 I.R.B.271
2017-15, 2017-47 I.R.B.534
2017-17, 2017-46 I.R.B.515
2017-18, 2017-48 I.R.B.545
Notices:
2017-36, 2017-33 I.R.B.208
2017-37, 2017-29 I.R.B.89
2017-38, 2017-30 I.R.B.147
2017-39, 2017-31 I.R.B.150
2017-40, 2017-32 I.R.B.190
2017-41, 2017-34 I.R.B.211
2017-42, 2017-34 I.R.B.212
2017-43, 2017-36 I.R.B.224
2017-44, 2017-36 I.R.B.226
2017-45, 2017-38 I.R.B.232
2017-46, 2017-41 I.R.B.275
2017-47, 2017-38 I.R.B.232
2017-48, 2017-39 I.R.B.254
2017-49, 2017-40 I.R.B.258
2017-50, 2017-41 I.R.B.280
2017-51, 2017-40 I.R.B.260
2017-52, 2017-40 I.R.B.262
2017-53, 2017-42 I.R.B.318
2017-54, 2017-42 I.R.B.321
2017-55, 2017-42 I.R.B.324
2017-56, 2017-43 I.R.B.365
2017-57, 2017-42 I.R.B.324
2017-58, 2017-42 I.R.B.326
2017-59, 2017-45 I.R.B.484
2017-60, 2017-43 I.R.B.365
2017-61, 2017-43 I.R.B.371
2017-62, 2017-44 I.R.B.460
2017-63, 2017-44 I.R.B.460
2017-64, 2017-45 I.R.B.486
2017-67, 2017-47 I.R.B.517
2017-68, 2017-46 I.R.B.513
2017-69, 2017-48 I.R.B.540
2017-70, 2017-48 I.R.B.543
Proposed Regulations:
REG-128841-07, 2017-42 I.R.B.327
REG-139633-08, 2017-31 I.R.B.175
REG-128483-15, 2017-32 I.R.B.191
REG-136118-15, 2017-28 I.R.B.9
REG-105004-16, 2017-41 I.R.B.295
REG-125374-16, 2017-41 I.R.B.300
REG-115615-17, 2017-44 I.R.B.463
REG-116256-17, 2017-46 I.R.B.514
REG-129631-17, 2017-44 I.R.B.464
Revenue Procedures:
2017-41, 2017-29 I.R.B.92
2017-42, 2017-29 I.R.B.124
2017-43, 2017-31 I.R.B.153
2017-44, 2017-35 I.R.B.216
2017-45, 2017-35 I.R.B.216
2017-46, 2017-43 I.R.B.372
2017-47, 2017-38 I.R.B.233
2017-48, 2017-36 I.R.B.229
2017-50, 2017-37 I.R.B.230
2017-52, 2017-41 I.R.B.283
2017-53, 2017-40 I.R.B.263
2017-54, 2017-42 I.R.B.336
2017-55, 2017-43 I.R.B.373
2017-56, 2017-44 I.R.B.465
2017-57, 2017-44 I.R.B.474
2017-58, 2017-45 I.R.B.489
2017-59, 2017-48 I.R.B.543
Revenue Rulings:
2017-14, 2017-27 I.R.B.2
2017-15, 2017-32 I.R.B.176
2017-16, 2017-35 I.R.B.215
2017-17, 2017-36 I.R.B.222
2017-18, 2017-39 I.R.B.239
2017-19, 2017-40 I.R.B.257
2017-20, 2017-41 I.R.B.273
2017-21, 2017-45 I.R.B.482
2017-22, 2017-48 I.R.B.536
2017-23, 2017-49 I.R.B.546
2017-24, 2017-49 I.R.B.556
Treasury Decisions:
9819, 2017-29 I.R.B.85
9820, 2017-32 I.R.B.178
9821, 2017-32 I.R.B.181
9822, 2017-33 I.R.B.195
9823, 2017-33 I.R.B.206
9824, 2017-42 I.R.B.312
9825, 2017-46 I.R.B.500
9827, 2017-44 I.R.B.382
9828, 2017-44 I.R.B.431
1
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2017– 01 through 2017–26 is in Internal Revenue Bulletin
2017–26, dated June 27, 2017.
December 4, 2017Bulletin No. 2017– 49
ii

Finding List of Current Actions on
Previously Published Items
1
Bulletin 2017–27 through 2017– 49
Notices:
2015-77
Amplified by
Notice 2017-40, 2017-32 I.R.B.190
2017-10
Modified by
Notice 2017-58, 2017-42 I.R.B.326
2017-29
Modified by
Notice 2017-58, 2017-42 I.R.B.326
Revenue Procedures:
2016-27
Modified by
Rev. Proc. 2017-43, 2017-31 I.R.B.153
2016-27
Superseded by
Rev. Proc. 2017-43, 2017-31 I.R.B.153
2016-48
Superseded by
Rev. Proc. 2017-48, 2017-36 I.R.B.232
1
A cumulative list of all revenue rulings, revenue procedures, Treasury decisions, etc., published in Internal Revenue Bulletins 2017– 01 through 2017–26 is in Internal Revenue Bulletin
2017–26, dated June 27, 2017.
Bulletin No. 2017– 49December 4, 2017
iii

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