Bulletin No. 1997–25 June 23, 1997
Internal Revenue Bulletin 1997-25 · 2026-10-03 edition · updated 2026-10-04 · United States
EXEMPT ORGANIZATIONS
Announcement 97–62, page 34. A list is given of organizations now classified as private foundations.
ADMINISTRATIVE
Rev. Proc. 97–30, page 20. Election of general asset accounts. An automatic consent procedure is provided for electing general asset accounts for depreciable property placed in service in prior years. Rev. Proc. 97–27 modified.
Del. Order 232 (Rev. 3), page 21. The authority to issue Taxpayer Assistance Orders (TAOs) under IRC section 7811 is delegated to certain officials. Del. Order 232 (Rev. 2) superseded.
Notice 97–34, page 22. This notice provides guidance regarding the new foreign trust and foreign gift reporting provisions contained in the Small Business Job Protection Act of 1996.
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