INCOME TAX—Continued

Proposed regulations—Continued

26 CFR 1.863–0, added; 1.863–1, –2, –3, revised; 1.863–4, amended; 1.863–5, removed; source of income from sales of inventory and natural resources produced in one jurisdiction and sold in another (INTL–3–95) 6, 29 26 CFR 1.1254–0, 1.1254–4, amended; treatment of gain from disposition of interest in certain natural resource recapture property by S corporations (PS–7–89) 8, 24 26 CFR 1.6081–4(a), revised: 1.6081–4(d), added; automatic extension of time for filing individual tax returns (IA–41–93) 11, 29 26 CFR 31.3121(v)(2)–1, –2, added; FICA taxation amounts under employee benefit plans (EE–142– 87) 12, 13 26 CFR 31.3306(r)(2)–1, added; FUTA taxation amounts under employee benefit plans (EE–55– 95) 12, 12 26 CFR 301.6651–1(c)(3), revised; failure to file return or pay tax (IA–41–93) 11, 29 26 CFR 301.6103(n)–1, amended; disclosure of returns and return information to procure property or services for tax administration purposes (DL–1–95) 6, 28 Property (contributed or other) distribu tion; recognition of gain or loss by contributing partner; correction (Notice 17) 13, 20

Regulations:

26 CFR 1.162–27, added; disallowance of deductions for employee remuneration in excess of $1,000,000 (TD 8650) 10, 5 ; TD 8650 corrected (Notice 14) 12, 11 26 CFR 1.305–3, –5, –7, amended; distribution of stock and stock rights (TD 8643) 11, 4 26 CFR 1.367(a)–3T, amended; certain transfers of domestic stock or securities by U.S. persons to foreign corporations (TD 8638) 5, 5 26 CFR 1.385–2(d), removed; 1.358– 6, 1.1032–2, 1.1502–30, added; controlling corporation’s basis adjustment (TD 8648) 10, 23