SEC. 4. ADJUSTMENTS TO BE MADE

OR ALLOWED

.01 Account, interest and payment. If a taxpayer qualifying under section 3, above, complies with the requirements of section 5, below, such taxpayer may be permitted to establish an interest-bearing account receivable from, or payable to,

DRAFTING INFORMATION

The principal author of this announcement is W. Edward Williams of the Office of Associate Chief Counsel (International). For further information regarding this announcement contact Lisa G. Sams at (202) 874-1490 (not a toll-free call).

26 CFR 601.105: Examination of returns and claims for refund, credit, or abatement; determina- tion of correct tax liability. (Also Part I, section 482.)

Rev. Proc. 99–##