INCOME TAX—Continued

Proposed Regulations—Continued

Low-income housing credit:

Building’s credit period beginning

after 1995 (RR 4) 3, 6 Depreciation:

Retail motor fuels outlets (RP 10) 2,

59 Domestic asset/liability and investment

yield percentages (RP 16) 5, 25 Electing Small Business Trust (ESBT)

election (Notice 12) 3, 11 Employee plans:

Cash or deferred arrangements (No

tice 2) 2, 22 Funding:

Full funding limitations, weighted

average interest rate, January 1997 (Notice 8) 4, 7 Qualification:

Qualified domestic relations orders

(Notice 11) 2, 49 Qualified joint and survivor annu

ities (Notice 10) 2, 49 SIMPLES (RP 9) 2, 55 SIMPLE–IRAs (Notice 6) 2, 26 User fees (RP 8) 1, 187 Exempt organizations:

Unrelated business taxable income (RP 12) 4, 7 User fees (RP 8) 1, 187 Insurance companies:

Interest rate tables (RR 2) 2, 8 Premium stabilization reserves (RR 5)

4, 5 Interest:

Investment:

Federal short-term, mid-term, and amended; reorganizations, receipt of securities (REG–249819–96) 7, 50 26 CFR 1.368–1, amended; shareholder interest continuity requirement for corporate reorganizations (REG–252231–96) 7, 52 26 CFR 1.468A–2, –3, amended; nuclear decommissioning reserve funds; revised schedules of ruling amounts (REG–209828–96) 6, 15 26 CFR 1.704–3, 1.1245–1, amended; depreciation allocations, recapture among partners in a partnership (REG–209762–95) 3, 12 26 CFR 1.801–4, amended; life insurance reserves, recomputation hearing (REG–246018–96) 8, 30 26 CFR 1.832–4, amended; insurance companies, determination of earned premiums (REG–209839–96) 8, 26 26 CFR 1.1293–2, 1.1295–2, added; qualified electing fund elections, preferred shares, hearing (REG– 209040–88) 7, 34 26 CFR 1.1396–1, added; empowerment zone employment credit; qualified zone employees (REG– 209834–96) 4, 9 26 CFR 1.6013–2, 301.6334–1, 301.6601–1, 301.6651–1, 301.7430– 0, –1, –2, –4, –5, amended; 301.6656–3, added; 301.7122–1(e), 301.7430–6, revised; Taxpayer Bill of Rights 2 and Personal Responsibility and Work Opportunity Reconciliation Act of 1996, miscellaneous sections affected (REG– 248770–96) 8, 33 26 CFR 1.7701(1)–1, amended; 1.7701(1)–2; obligation-shifting transactions, multiple-party, realized income and deductions (REG– 209817–96) 7, 41 26 CFR 53.6011–1, amended; 53.6017–1T; return and time for filing requirements (REG–247862– 96) 8, 32 Regulations:

Deposits (Notice 15) 8, 23 Proposed regulations:

26 CFR 48.4081–1, amended; 48.4082–5, 48.6715–2, added; gasoline and diesel fuel excise tax, special rules for Alaska, definition of aviation gasoline and kerosene (REG–247678–96) 6, 17 Regulations:

26 CFR 48.4082–5T, 48.6715–2T, added; diesel fuel excise tax, special rules for Alaska (TD 8693) 6, 9

long-term rates for January 1997 (RR 1) 2, 10 ; February 1997 (RR 7) 5, 14 Inventories:

LIFO, price indexes, department stores, November 1996 (RR 6) 4, 4 ; December 1996 (RR 8) 7, 4 Low-income housing tax credit (Notice

14. 8, 23 Obsolete revenue rulings and revenue

procedures under TD 8697 (Notice 1) 2, 22 Photocopy fee increase (RP 11) 6, 13 Proposed regulations:

26 CFR 1.41–0, amended; 1.41–4, revised; research activities increase, credit, hearing (REG–209494–90) 8, 24

26 CFR 1.25–3, added; 1.25–3T, amended; mortgage credit certificate reissuance (TD 8692) 3, 4 26 CFR 1.108(c)–1T, 1.163(d)–1T, 1.1044(a)–1T, 1.6655(e)–1T, removed; 1.108(c)–1, 1.163(d)–1, 1.1044(a)–1, 1.6655(e)–1, added; Omnibus Budget Reconciliation Act, elections (TD 8688) 3, 7

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