INCOME TAX—Continued

Proposed regulations—Continued

ments beginning October 1, 1996 (RR 44) 38, 4 Inventories:

LIFO:

Price indexes, department stores,

May 1996 (RR 36) 30, 6 ; June 1996 (RR 39) 34, 4 Price indexes, department stores,

July 1996 (RR 46) 39, 5 Price indexes, department stores,

26 CFR 1.475(b)–1, –2, –4, 1.475(c)–1, –2, 1.475(e)–1, revised; mark-to-market equity interests in related parties and dealer-customer relationship (FI–32–95) 34, 21 26 CFR 1.671–1(g), (h), 1.671–2(f), 1.1297–4, added; application of the grantor trust rules to nonexempt employees’ trusts (REG–209826– 96) 42, 10 26 CFR 1.861–8(e)(7)(iii), 1.865–1, –2, 1.904–4(c)(2)(ii)(A) and (B), added; 1.904–0, amended; stock disposition loss allocation (INTL– 4–95) 36, 8 26 CFR 1.1059(e)–1, added; extraordinary dividends; distributions to corporate shareholders (CO–9–96) 34, 20 26 CFR 1.1202–0, –2, added; qualified small business stock (IA–26– 94) 30, 24 26 CFR 1.1502–15, –21, –22, –23, added; consolidated returns, limitations on the use of certain losses and deductions (CO–24–96) 30, 22 26 CFR 1.1502–90T—1.1502–99T and intermediary sections, added; consolidated group, net operating loss carryforwards and built-in losses and credits following ownership change, limitation (CO–25–96) 31, 30 26 CFR 1.6045–1, –2, 301.6011–2, revised; magnetic media filing requirements for information returns (REG–209803–95) 44, 14 26 CFR 301.9100–1T—301.9100–3T and intermediary sections, added; extensions of time to make elections (IA–29–96) 33, 14 Recommendation letters for nonsuit settlements (Del. Order 155, Rev. 4) 40, 9 Refund claims; Tax Court; return not

filed (Ct.D. 2058) 34, 13 Regulated investment companies, prefer

August 1996 (RR 50) 42, 4 Low income housing credit:

Bond factor amounts, April–June 1996 (RR 33) 27, 4 FEMA (RR 35) 31, 4 Marginal production rates for 1996 (No tice 42) 35, 6 Omnibus Consolidated Recissions and

Appropriations Act of 1996 (PL 104– 134) 38, 7 Pooled income fund; community trust;

maintenance requirement (RR 38) 33, 4 Proposed regulations:

26 CFR 1.61–8(b), revised; 1.451– 1(g), added; 1.467–1, amended; 1.467–4, amended; 1.467–0 through –8, added; rental agreements (IA– 292–84) 28, 38 26 CFR 1.61–12(c), 1.163–7(c), 1.171–1—1.171–4, 1.1016–5(b), revised; 1.163–13, 1.171–5, added; 1.1016–9, removed; amortizable bond premium (FI–48–95) 31, 36 26 CFR 1.148–5(d)(6)(iv)—(viii) and intermediary sections; 1.148– 5(e)(2)(iv), added; arbitrage restrictions on tax-exempt bonds (FI–28– 96) 31, 33 26 CFR 1.166–3(a)(3), added; bad debts modifications and dealer assignments of notional principal contracts (FI–59–94) 30, 23 26 CFR 1.280B–1, added; structure, definition (PS–39–93) 34, 27 26 CFR 1.367(e)–1, 1.6038B– 1(b)(2)(i); section 355 distributions of stock and securities by domestic corporations to foreign persons (REG–209827–96) 37, 19 26 CFR 1.382–5, –8, added; 1.382– 2(a)(1)(iv), revised; consolidated returns, short taxable years for controlled groups (CO–26–96) 31, 31 26 CFR 1.401(a)(31)–1; 1.402(c)–2, amended; relief from disqualification of plans accepting rollovers (REG–245562–96) 41, 8

26 CFR 1.110–3, added; debt instruments modifications (TD 8675) 29, 5 26 CFR 1.163–7(a), added; 1.446–4, amended; 1.483–2T, removed; 1.483–4, added; 1.1001–1, revised; 1.1012–1(g), revised; 1.1271–0(b), amended; 1.1272–1(c)(7), added; 1.1274–2(g), revised; 1.1274–2(i) and (j), added; 1.1275–2(g), (h), (i), (j), added; 1.1275–2T, removed; 1.1275–4, added; 1.1275–5(a)(5),

ential dividends (RP 47) 39, 10 Regulations: