ADMINISTRATIVE

Rev. Proc. 98–43, page 8. Disclosure Authorization List, Rev. Proc. 80–46, 1980–2 C.B. 779, is obsolete. The Service advises a business entity to use Form 8821, Tax Information Authorization, to designate its employees to receive its tax information.

REG–104641–97, page 9. Proposed regulations under section 1092 of the Code provides guidance on the application of the rules governing qualified covered calls. A public hearing will be held on November 4, 1998.