ADMINISTRATIVE

Notice 96–35, page 8. As part of the President’s Regulatory Reinvention Initiative, certain listed regulations have been identified as obsolete. Public comments are requested.

PS–5–96, page 17. Proposed regulations under section 708 of the Code relate to the termination of a partnership upon the sale or exchange of 50 percent or more of the total interest in partnership capital and profits.

Rev. Proc. 96–35, page 8. Magnetic/Electronic Media Filing Program; Form 1040NR. Participants in the 1996 Magnetic/Electronic Media Program for Form 1040NR, U.S. Nonresident Alien Income Tax Return, are informed of their obligations to the Service and other participants.

Announcement 96–57, page 20. The schedule, agenda and registration information for the 1996 Information Reporting Seminars for magnetic/ electronic filing is published. Members of the public may register to attend one or more of these seminars.

Announcement 96–58, page 21. T.D. 8658, 1996–14 I.R.B. 13, relating to the determination of the interest expense deduction of foreign corporations, is corrected.

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