INCOME TAX

Rev. Rul. 98–33, page 26. 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 July 1998.

T.D. 8770, page 4. Final and temporary regulations under sections 367 and 6038B of the Code relate to certain transfers of stock or securities by U.S. persons to foreign corporations and related reporting requirements.

Notice 98–34, page 30. This notice modifies the expatriation ruling practice under sections 877, 2107, and 2501(a)(3) of the Code, and also modifies the categories of long-term residents eligible to submit a ruling request.

Notice 98–35, page 35. This notice announces that Treasury and the Service will withdraw the temporary regulations and proposed regulations issued on March 23, 1998 (T.D. 8767 and REG– 104537–97), and will issue proposed regulations regarding the treatment of hybrid arrangements under subpart F, and