Bulletin No. 1997–46 November 17, 1997

provided about the Hope Scholarship and Lifetime Learning Credits, the deduction for student loan interest, Education Individual Retirement Accounts, and other higher education tax incentives recently enacted by the Taxpayer Relief Act of 1997.

Rev. Proc. 97–52, page 00. Charitable contributions; business expenses. Guidance is provided on the deductibility, under sections 162 or 170 of the Code, of unreimbursed travel and other outof-pocket expenses incurred by a member of a federal advisory committee while performing services without compensation for the federal government as a member of that committee.

Announcement 97–113, page 00. The 1996 Form 3520, Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts, is now available for downloading from the IRS home page.

Announcement 97–114, page 00. New Form 8023, Election Under Section 338 for Corporations Making Qualified Stock Purchases, will replace Form 8023–A, Corporate Qualified Stock Purchases.