ADMINISTRATIVE

Rev. Proc. 99–19, page 10. Interest netting for interest accruing before October 1, 1998. This procedure provides guidance on how to apply the net interest rate of zero in section 6621(d) of the Code to interest accruing before October 1, 1998, with respect to overlapping tax underpayments and tax overpayments. Public comments are requested regarding the application of section 6621 to these payments.

Announcement 99–28, page 25. This document contains a correction to the notice of proposed rulemaking, REG–106177–98 (1999–12 I.R.B. 25), published in the Federal Register on December 22, 1998 (63 F.R. 70701).

Announcement 99–29, page 25. This document contains a correction to final regulations, T.D. 8804 (1999–12 I.R.B. 5), under section 1441 of the Code, relating to the withholding of income tax on certain U.S. source income payments to foreign persons.

Announcement 99–30, page 26. This document contains a correction to REG–104072–97 (1999–11 I.R.B. 12) relating to financing arrangements involving fast-pay stock.

Announcement 99–31, page 26. This document contains corrections to T.D. 8795 (1999–7 I.R.B. 8), under section 411 of the Code, relating to defined benefit plans and to individual account plans that are subject to the funding standards of section 302 of the Employment Retirement Income Security Act of 1974.

Finding Lists begin on page 32. Announcement of Disbarments and Suspensions begins on page 27.

Department of the Treasury Internal Revenue Service