Bulletin No. 1997–12 March 24, 1997

EXCISE TAX

Announcement 97–25, page 47. Effective after March 6, 1997, the air transportation taxes are reinstated; the tax rates on aviation fuel (other than gasoline) and aviation gasoline are increased; and floor stocks fuel taxes on aviation fuel (other than gasoline) and aviation gasoline are imposed.

ADMINISTRATIVE

Rev. Proc. 97–21, page 44. Pilot pre-submission conference procedure. This procedure provides the rules for a new pilot program under which pre-submission conferences may be held in the national office for matters that a district director or a chief, appeals office, is preparing to submit for technical advice under Rev. Proc. 97–2, 1997–1 I.R.B. 64. Rev. Proc. 97–2 amplified.

Announcement 97–22, page 47. Environmental clean-up costs; letter rulings. Taxpayers are informed that they may now request a presubmission conference if they expect to file a request for a private letter ruling under the revenue procedure proposed in Notice 97–7, 1997–1 I.R.B. 8.