Bulletin No. 1999–16 April 19, 1999

comments on possible changes to published guidance concerning accounting period changes. Possible changes may include revising the criteria used to establish a substantial business purpose and allowing more automatic accounting period changes.

Announcement 99–36, page 10. The Service will continue to publish the cumulative bulletin (CB) but in a new format. This decision was based on the responses from taxpayers, tax practitioners, and government agencies to the Service’s proposal to discontinue the CB.

Announcement 99–41, page 10. This document contains corrections to T.D. 8814, 1999–9 I.R.B. 4, that provides guidance as to when amounts deferred under or paid from a nonqualified deferred compensation plan are taken into account as wages for purposes of the employment taxes imposed by the Federal Insurance Contributions Act (FICA).

Announcement 99–42, page 11. This document contains corrections to T.D. 8770, 1998–27 I.R.B. 4, relating to certain transfers of stock or securities by U.S. persons to foreign corporations and related reporting requirements.

Announcement 99–43, page 11. This document contains corrections to T.D. 8817, 1999–8 I.R.B. 51, relating to certain transfers to foreign partnerships and corporations by U.S. persons.

Announcement 99–44, page 12. This document contains corrections to T.D. 8011, 1985–1 C.B. 397, relating to the displaying of OMB control numbers on IRS regulations that solicit or obtain information from the public.

Announcement 99–46, page 13. This document contains corrections to Announcement 99–24, 1999–14 I.R.B. 12, in which proposed revisions to Form 1042-S were poorly reproduced. We are providing more legible copies of Form 1042-S, and we are extending the date for receiving comments to May 19, 1999.

Finding Lists begin on page 26. Announcement of Disbarments and Suspensions begins on page 21.

Department of the Treasury Internal Revenue Service