INCOME TAX—Continued

Proposed regulations—Continued Property (contributed or other) distribu tion; recognition of gain or loss by contributing partner; correction (Notice 17) 13, 20 Railroad retirement:

Rate determination, quarterly (January 1 and April 1, 1996) 26,

7 Regulations:

26 CFR 1.62–2(h)(1), 1.274–2, amended; 1.132–5(s) and (t), added; 1.274–1, revised; meals and entertainment, club dues and spousal travel expenses paid by employer (TD 8666) 26, 4 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 1.168(h)–1; 1.168(i)(2), added; lease term tax-exempt use property (TD 8667) 20, 4 26 CFR 1.305–3, –5, –7, amended; distribution of stock and stock rights (TD 8643) 11, 4 26 CFR 1.351–1, amended; transfers to investment companies (TD 8663) 23, 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 26 CFR 1.401–12(n) redesignated 1.408–2(e); 1.401–12T, removed; 1.401(f)–1, 1.408–2, amended; nonbank trustee net worth requirements (TD 8635) 3, 5 26 CFR 1.411(d)–6T, added; notice of significant reduction in the rate of future benefit accrual (TD 8631) 3, 7 26 CFR 1.469–0, 1.469–4, 1.469–11, amended; 1.469–9, revised; rules for certain rental real estate activities (TD 8645) 8, 4 26 CFR 1.936–6, amended; determination of combined taxable income under the profit split method (TD 8669) 23, 6