ADMINISTRATIVE

Notice 99–13, page 26. The “differential earnings rate” under section 809 of the Code is tentatively determined for 1998 together with the “recomputed differential rate” for 1997.

REG–209619–93, page 28. Proposed regulations under section 468 of the Code relate to the designation of the person required to report the income earned on qualified settlement funds and certain other funds, trusts, and escrow accounts, and other related rules. A public hearing is scheduled for May 12, 1999.

REG–116826–97, page 40. Proposed regulations under section 221 of the Code relate to the deduction for interest paid on qualified education loans. The service will publish the time and date of the public hearing in an announcement in the Federal Register.

REG–104924–98, page 47. Proposed regulations under section 475 of the Code are set forth for dealers in commodities and traders in securities or commodities regarding the election to use the mark-to-market method of accounting for their businesses. A public hearing is scheduled for June 3, 1999.

REG–110524–98, page 55. Proposed amendments to the regulations under section 453 of the Code relate to the taxation of capital gains on installment sales of depreciable real property.

REG–113744–98, page 59. Proposed regulations under section 1296 of the Code relate to the new mark-to-market election for stock of a passive foreign investment company (PFIC).