Bulletin No. 1996–17 — Internal Revenue Bulletin 1996-17

In addition, the Service is seeking public comments about these guidelines before they are finalized in the Internal Revenue Manual.

Announcement 96–26, page 13. This announcement provides information to assist taxpayers in requesting a refund of the excise tax described in section 4972 of the Code for certain nondeductible contributions that were retroactively exempted from the section 4972 excise tax by the Retirement Protection Act of 1994.

Announcement 96–27, page 16. American Flag Defender, Inc., Berlin, MD, no longer qualifies as an organization to which contributions are deductible under section 170 of the Code.

Announcement 96–28, page 16. T.D. 8635, 1996–3 I.R.B. 5, relating to nonbank trustees with respect to the adequacy of net worth requirements that must be satisfied in order to be or remain an approved nonbank trustee, is corrected.

Announcement 96–29, page 17. T.D. 8637, 1996–4 I.R.B. 29, providing final and temporary rules on backup withholding, statement mailing requirements, and due diligence, is corrected.

Announcement 96–30, page 17. DL–1–95, 1996–6 I.R.B. 28, relating to the disclosure of returns and return information in connection with the procurement of property and services for tax administration purposes, is corrected.

Announcement 96–31, page 18. EE–35–95, 1996–5 I.R.B. 19, relating to proposed regulations that provide guidance on calculation of an employee’s accrued benefit derived from the employee’s contributions to a qualified defined pension plan, is corrected.