INCOME TAX

Rev. Rul. 98–58, page 6. Section 1274A inflation-adjusted numbers for 1999. This ruling provides the dollar amounts, increased by the 1999 inflation-adjustment, for section 1274A of the Code. Rev. Rul. 97–56 supplemented and superseded.

Rev. Rul. 98–59, page 8. CPI adjustment for below-market loans for 1999. The amount that section 7872(g) of the Code permits a taxpayer to lend to a qualified continuing care facility without incurring imputed interest is published and adjusted for inflation for years 1987 – 1999. Rev. Rul. 97–57 supplemented and superseded.