INCOME TAX—Continued

Qualified mortgage bonds; mortgage credit certificates; national median gross income (RP 26) 17, 17 Regulations:

26 CFR 1.25–3, added; 1.25–3T, amended; mortgage credit certificate reissuance (TD 8692) 3, 4 26 CFR 1.42–16T, added; low-income housing tax credits, Federal grants (TD 8713) 14, 4 26 CFR 1.45B–1; withdrawal of credit for employer social security taxes paid on employee tips (REG– 209672–93) 6, 15 26 CFR 1.45B–1T, removed; credit for employer social security taxes paid on employee tips (TD 8699) 6, 4 26 CFR 1.108(a)–1, –2, 108(b)–1, 1.1016–7, –8, 1.1017–2, removed; 1.108–4, –5, added; 1.1017–1, revised; 1.301.9100–13T, removed; basis reduction due to discharge of indebtedness (REG–208172–91) 10, 59 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 26 CFR 1.141–1, revised; 1.143–1, redesignated; 1.144–3, removed; 1.141–0, –2 through –16, 1.142–0, –3, 1.144–0, 1.145–0, –1, –2, 1.147–0, –1, –2, 1.150–4, added; 1.142–1, –2, 1.144–1, –2, revised; 1.148–6, 1.150–1, amended; private activity bonds definition (TD 8712) 12, 4 26 CFR 1.170A–1, –13, amended; charitable contributions, deductibility, substantiation, and disclosure (TD 8690) 5, 5 26 CFR 1.267(f)–1, 1.1502–11, –13, –19, –20, –32, –43, –76, –80, corrected; consolidated returns, consolidated and controlled groups (Notice 25) 16, 8 26 CFR 1.280H–1T, amended; 1.274–5, redesignated; 1.274–5T, amended; substantiation of business expenses for travel, entertainment, gifts, and listed property (TD 8715) 18, 5 26 CFR 1.338(b)–2T(b)(2)(v), –2T(c)(4), added; 1.338–3, 1.338(b)–2T, –3T, 1.1060–1T, amended; intangibles under sections 1060 and 338 (TD 8711) 12, 35

Penalties:

Underpayment and overpayment rates for April 1997 (RR 12) 11, 5 Inventories:

LIFO, price indexes, department stores, November 1996 (RR 6) 4, 4 ; December 1996 (RR 8) 7, 4 ; January 1997 (RR 15) 12, 42 ; February 1997 (RR 18) 15, 4 ; March 1997 (RR 22) 20, 5 Low-income housing tax credit (Notice

14. 8, 23 Major disaster areas (RR 11) 10, 5 Medical and dental expenses (RR 9) 9,

4 Medical savings accounts:

High-deductible plan (RR 20) 19, 4 Modified guaranteed contracts (Notice

32. 21, 8 Obsolete revenue rulings and revenue

procedures under TD 8697 (Notice 1) 2, 22 Photocopy fee increase (RP 11) 6, 13 Pilot pre-submission conference proce

dure (RP 21) 12, 44 Proposed regulations:

26 CFR 1.41–0, amended; 1.41–4, revised; research activities increase, credit, hearing (REG–209494–90) 8, 24 26 CFR 1.42–16, added; low-income housing tax credits, Federal grants (REG–254394–96) 14, 14 26 CFR 1.167(a)–3, amended; 1.167(a)–14, 1.197–0, 1.197–2, added; amortization of intangible property (REG–209709–94) 13, 12 26 CFR 1.274–5, added; substantiation of business expenses for travel, entertainment, gifts, and listed property (REG–209785–95) 18, 46 26 CFR 1.337(d)–4, added; certain asset transfers to tax-exempt entity (REG–209121–89) 11, 15 26 CFR 1.338(b)–2, –3, added; intangibles under sections 1060 and 338 (REG–252665–96) 12, 46 26 CFR 1.354–1, 1.355–1, 1.356–3, 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 1.368–1, –2, amended; continuity of interest and business requirements (REG–252233–96) 9, 19