Bulletin No. 1996–50 December 9, 1996
Internal Revenue Bulletin 1996-50 · 2026-10-03 edition · updated 2026-10-04 · United States
20.2056A–2(d)(1)(i) and (d)(1)(ii) of the Estate Tax Regulations. The Service will recognize a trust as meeting the requirements of sections 20.2056A– 2(d)(1)(i) and (d)(1)(ii) if the trust instrument contains language that is the same in all material respects as the paragraphs provided in this revenue procedure.
GIFT TAX
Rev. Rul. 96–56, page 7. If certain conditions are satisfied, the delivery of a check to a noncharitable donee will be deemed to be complete for federal gift and estate tax purposes when the check is deposited, cashed against available funds of the donee, or presented for payment in the calendar year for which favorable gift tax treatment is sought. Rev. Rul. 67–396 modified.
TAX CONVENTIONS
Page 8. The bilateral agreements between the United States and Jordan, providing for the reciprocal tax exemption of income from the international operation of ships and/or aircraft, are set forth.
ADMINISTRATIVE
Announcement 96–126, page 12. A ZIP code change is given for the Information Reporting Program at the Martinsburg Computing Center.
Announcement 96–127, page 12. Task Force for Africa/Los Angeles Relations, Pasadena, CA, no longer qualifies as an organization to which contributions are deductible under section 170 of the Code.
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