GIFT TAX

Payroll deductions (Ann. 2) 2, 44 Recharacterizations and reconversions

(Ann. 5) 3, 16 Innocent spouse equitable relief; com

ments (Notice 29) 21, 8 Insurance companies:

Tentative differential earnings rate for

1998 (Notice 13) 10, 26 Prevailing state assumed interest rates

(RR 10) 10, 10 Discounting estimated salvage recover able (RP 16) 7, 50 Loss reserves; discounting unpaid

losses (RP 15) 7, 42 Interest:

Investment:

Federal short-term, mid-term, and

Proposed regulations:

26 CFR 25.2504–2, revised; valuation of certain gifts for preceding calendar periods (REG–106177–98) 12, 25 ; correction (Ann. 28) 13, 25 26 CFR 25.2512–5, amended; 25.7520– 1, amended; valuation of annuities, interests for life or term of years, and remainder or reversionary interests (REG–103851–99) 20, 93 Regulations:

14. 13, 3 Certain transfers of stock or securities by

U.S. persons to foreign corporations and related reporting requirements; correction (Ann. 42) 16, 11 Certain transfers to foreign partnerships

and foreign corporations; correction (Ann. 43) 16, 11 Chief Counsel advice available for public

inspection (Ann. 4) 3, 15 Child support enforcement program (RP

12. 3, 13 Commodities dealers; securities or com modities traders; procedures for making elections (RP 17) 7, 52 Continuation coverage requirements ap plicable to group health plans; correction (Ann. 39) 15, 10 Credit for increasing research activities;

hearing (Ann. 38) 15, 9 CRT and capital gain modification (No tice 17) 14, 6 Cumulative Bulletin continued with a

new format (Ann. 36) 16, 10; correction (Ann. 52) 19, 9 Daily transportation expenses; commut ing expenses; business expenses; personal expenses (RR 7) 5, 4 Debt roll-ups; election to treat certain debt

substitutions as realization events (RP 18) 11, 7 Deficiencies:

long-term rates for January 1999 (RR 2) 2, 5; February (RR 8) 6, 10; March 1999 (RR 11) 10, 18; April 1999 (RR 17) 14, 4 ; May 1999 (RR 21) 18 , 3 Rates:

Interest abatement, Presidentially de

for calendar quarter beginning April 1, 1999 (RR 16) 13, 5 Interest netting for interest accruing be

Underpayments and overpayments

clared disasters (Notice 2) 2, 8 Disregarded entity to partnership (RR 5)

6, 8 Election in respect of losses attributable to

fore October 1, 1998 (RP 19) 13, 10 Inventory:

LIFO:

Price indexes; department stores for

November 1998 (RR 4) 4, 19;

26 CFR 25.2512–0, revised; 25.2512–5, amended; 25.2512–5T,

a disaster (RR 13) 10, 4 Electronic filing; magnetic media:

1998 Form 8596 (RP 9) 2, 17

June 1, 1999 46 1999–22 I.R.B.