INCOME TAX—Continued INCOME TAX—Continued

Fringe benefits aircraft valuation formula,

first half of 1998 (RR 14) 11, 4; second half of 1998 (RR 40) 33, 4 Fuel from a nonconventional source,

credit; section 29 inflation adjustment; reference price for 1997 (Notice 28) 19, 7 Hybrid arrangements, treatment under

cessing system (RP 25) 11, 7 Business expenses:

Environmental remediation expendi tures (RP 47) 37, 8 Underground waste storage tank (RR

subpart F (Notice 35) 27, 35 Information reporting:

25. 19, 4 Capital gains and charitable remainder

trusts (Notice 20) 13, 25 Classification settlement program:

Hope Scholarship and Lifetime Learn

Extended until further notice (Notice

May 1998 (Notice 32) 22, 23; June 1998 (Notice 33) 25, 10; July 1998 (Notice 37) 30, 13; August 1998 (Notice 44) 34, 7 ; September 1998 (Notice 48) 39, 17 Group health plans; COBRA continua tion coverage; HIPAA portability (Notice 12) 5, 12 Individual retirement arrangements,

Roth IRAs (Notice 49) 38, 5 Letter rulings, etc. (RP 4) 1, 113 Limitations on benefits and contribu tions (RR 1) 2, 5 Minimum Funding Standards (RP 10)

ing credits (Notice 46) 36, 21 Insurance companies:

21. 15, 14 Common Trust Funds, unrelated business

2, 35 Minimum:

taxable income (RR 41) 35, 6 Deductions:

When taken:

All events test; accrued cooperative

Remedial amendments (RP 42) 28, 9 Net unrealized appreciation; capital

gains (Notice 24) 17, 5 Qualification (Notice 29) 22, 8 ;

advertising expenses (RR 39) 33, 4 Definition of former Indian reservations

in Oklahoma (Notice 45) 35, 7 Disclosure authorization list (RP 43) 29, 8 Distribution of stock and securities of a

newly formed controlled corporation; limitations (RR 44) 37, 4 Domestic assets/liability and investment

yield percentages (RP 31) 23, 9 Education loans (Notice 7) 3, 54 Effective date of consolidated overall for eign loss provisions (Notice 40) 35, 7 Elections under section 7704(g) (Notice

CODAs (RR 30) 25, 8 Qualification:

Church plans (Notice 39) 33, 11 Recovery of basis; retirees (Notice 2)

interpretation (Ct.D. 2065) 39, 7 Interest:

Differential earnings rate and recom puted differential earnings rate for mutual life insurance companies (RR 38) 32, 4 Discounting estimated salvage recover able (RP 12) 4, 18 Interest rate tables (RR 2) 2, 15 Loss reserves; discounting unpaid

losses (RP 11) 4, 9 “Reserve strengthening,” reasonable

Investment:

2, 22 Section 457 model amendments (RP

41. 32, 7 Section 457 ruling program (RP 40)

Federal short-term, mid-term, and

long-term rates for January 1998 (RR4) 2, 18 ; February 1998 (RR 7) 6, 6 ; March 1998 (RR 11) 10, 13 ; April 1998 (RR 18) 14, 22 ; May (RR 23) 18, 5; June 1998 (RR 28) 22, 5; July 1998 (RR 33) 27, 26 ; August 1998 (RR 36) 31, 6; September 1998 (RR 43) 36, 9 Rates, underpayments and overpay

3. 3, 48 Electronic Federal Tax Payment System:

32, 6 SIMPLE-IRAs (Notice 4) 2, 25 Technical advice (RP 5) 1, 155 User fees (RP 8) 1, 225 Enhanced oil recovery credit (Notice 41)

Batch filers and bulk filers (RP 32) 17,

33, 12 Environmental cleanup costs; letter

rulings (RP 17) 5, 21 Exempt Organizations:

11 Electronic funds transfer; failure to de

ments (RR 17) 13, 21; calendar quarter beginning July 1, 1998 (RR 32) 25, 4; calendar quarter beginning October 1, 1998 (RR 46) 39, 10 Inventory:

LIFO:

Automobile and truck dealers (RP

46. 36, 21 Price indexes; department stores for

November 1997 (RR 6) 4, 4 ; December 1997 (RR 9) 6, 5; January 1998 (RR 16) 13, 18 ; February 1998 (RR 20) 15, 8 ; March 1998 (RR 26) 21, 4; April 1998 (RR 29) 24, 4; May 1998 (RR 35) 30, 4 ; June 1998 (RR 42) 35, 5; July 1998 (RR 48) 39, 6 Price indexes; inventory price com

posit penalty (Notice 30) 22, 9 Employee plans:

Administrative programs; closing

agreements (RP 22) 12, 11 Determination letters (RP 6) 1, 183 ;

(RP 14) 4, 22 Discrimination; CODAs (Notice 1) 3,

42 Eligible deferred compensation plans

Letter rulings, etc. (RP 4) 1, 113 Organizations excepted from reporting

lobbying expenditures (RP 19) 7, 30 Tax consequences of physicians re

(Notice 8) 4, 6 Funding:

Full funding limitations, weighted

cruitment incentives provided by hospitals (RR 15) 12, 6 Technical advice (RP 5) 1, 155 User fees (RP 8) 1, 225 Failure to deposit federal tax; penalty

abatement (Notice 14) 8, 27 Foreign partnerships, reporting transfer of

average interest rate for January 1998 (Notice 9) 4, 8; February 1998 (Notice 15) 9, 8; March 1998 (Notice 18) 12, 11 ; April 1998 (Notice 26) 18, 14;

property by U.S. persons (Notice 17) 11, 6 Foreign tax credit abuse (Notice 5) 3, 49 Form 1040:

e-file program (RP 50) 38, 8 On-line filing program (RP 51) 38, 20

putation method (RP 49) 37, 9

October 5, 1998 20 1998–40 I.R.B.