INCOME TAX

Rev. Rul. 98–2, page 15. Insurance companies; interest rate tables. Prevailing state assumed interest rates are provided for the determination of reserves under section 807 of the Code for contracts issued in 1997 and 1998. Rev. Rul 92–19 supplemented in part.

Rev. Rul. 98–3, page 4. Low-income housing credit; satisfactory bond; “bond factor” amounts for the period October through Decem- ber 1997. This ruling announces the monthly bond factor amounts to be used by taxpayers who dispose of qualified lowincome buildings or interests therein during the period October through December 1997. The ruling also corrects errors in the bond factor amounts for properties placed in service in 1987 and disposed of between January through September 1997.

Rev. Rul. 98–4, page 18. Federal rates; adjusted federal rates; adjusted federal long-term rate, and the long-term exempt rate. For purposes of sections 1274, 1288, 382, and other sections of the Code, tables set forth the rates for January 1998.