INCOME TAX—Continued INCOME TAX—Continued INCOME TAX—Continued

26 CFR 1.861–8, amended; 1.865–1, added; 1.865–2, amended; allocation of loss with respect to stock and other personal property (REG– 106905–98) 11, 39 26 CFR 1.1296(e)–1, added; passive foreign investment companies; definitions of marketable stocks (REG– 113744–98), 10, 59 26 CFR 1.1362–3, amended; 1.1502– 76, amended; acquisition of an S corporation by a member of a consolidated group (REG–106219–98) 9, 51 26 CFR 1.1502–3, amended; 1.1502– 9A, added; new 1.1502–9, added; consolidated overall foreign losses and separate limitation losses (REG– 106902–98) 8, 57 26 CFR 1.1502–13, amended; intercompany transactions (REG– 105964–98) 12, 22 26 CFR 1.6302–4, revised; 20.6302–1, added; 25.6302–1, added; 31.6302–1, amended; 40.6302(a)–1, added; electronic funds transfers of federal deposits (REG–100729–98) 14, 9 26 CFR 1.6695–1, amended; retention of income tax return preparer’s signature (REG–106386–98) 12, 15 26 CFR 1.6695–2, added; preparer due diligence requirements for determining earned income credit eligibility (REG–120168–97) 12, 16 26 CFR 1.7701(1)–3, added; 1.1441–7, amended; recharacterizing financing arrangements involving fast–pay stock (REG– 104072–97) 11, 12 26 CFR 54.4980B, amended; continuation coverage requirements of group health plans (REG–121865–98) 8, 63 26 CFR 301.6103(j)(1)–1, amended; disclosure of return information to the Bureau of Census (REG– 121806–97) 10, 46 26 CFR 301.6103(k)(9)–1, added; 301.6311–1(a)(1)(i), amended; payment of tax by credit card or debit card (REG–111435–98) 7, 55 26 CFR 301.6221–1, amended; 301.6223(c)–1, amended; 301.6224(c)–3, amended; 301.6229(b)–2, added; 301.6229(f)– 1, added; 301.6231(a)(1)–1, amended;

December 1998 (RR 9) 7, 14; January 1999 (RR15) 12, 4; February 1999 (RR 19) 15, 3; March 1999 (RR 22) 19 , 3 Letter rulings, determination letters, and

information letters issued by Associate Chief Counsel (Domestic), Associate Chief Counsel (EBEO), Associate Chief Counsel (Enforcement Litigation), and Associate Chief Counsel (International) (RP 1) 1, 6 Long-term capital gain treatment for

1997-1998 fiscal year filers (Ann 11) 5, 64 Low-income housing tax credit: Alternative collateral program (RP 11) 2,

14

1999 calendar year resident population estimates (Notice 10) 6, 16; (Notice 22) 19 , 5 Satisfactory bond; “bond factor”

amounts for the period October through December 1998 (RR 1) 2, 4; January through March 1999 (RR 18) 14, 3; April through June 1999 (RR 24) 21 , 3 Low-income taxpayer clinics grant pro gram (Notice 9) 4, 23 Mark-to-market election for regulated

investment companies that are shareholders of PFICs (Notice 14) 11, 7 Model qualified intermediary withholding

agreement (Notice 8) 5, 26 Mutual holding company conversions

(RR 3) 3, 4 National median income – 1999 (RP 22)

15, 5 Nonconventional source fuel credit, sec tion 29 inflation adjustment factor and reference price (Notice 18) 16, 4; correction (Ann. 53) 20 , 95 Notice of significant reduction in the rate

of future benefit accrual, T.D. 8795; correction (Ann. 31) 13, 26 OMB control numbers assigned pursuant

to the Paperwork Reduction Act; correction (Ann. 44) 16, 12 Optional standard mileage rates; effective

date (Ann. 7) 2, 45 Partnership to disregarded entity (RR 6) 6,

6 Passive foreign investment companies;

definition of marketable stock; correction (Ann. 35) 14, 22 Penalties:

Designation of Federal Tax Deposits

Penalty and interest study (Notice 4) 3, 9 Proposed regulations:

26 CFR 1.25A–0 thru 1.25A–5, added; calculation of education credit and general eligibility requirements (REG–106388–98) 11, 27 26 CFR 1.42–5, –6, –11, –12, –13, amended; 1.42–17, added; low-income housing credit; compliance monitoring, etc. (REG–114664–97) 11, 21 26 CFR 1.79–3, amended; group-term insurance: uniform programs (REG–209103–89) 11, 10 26 CFR 1.170A–12, amended; 1.642(c)–6, amended; 1.664–4, amended; 1.7520–1, amended; valuation of annuities, interests for life or term of years, and remainder or reversionary interests (REG–103851– 99) 20, 93 26 CFR 1.221–1, added; deduction for interest on qualified education loans (REG–116826–97), 10, 40 26 CFR 1.355–0, amended; 1.355–6, revised; recognition of gain on certain distributions of stock or securities of a controlled corporation (REG–106004–98) 20, 77 26 CFR 1.446–1, added; 1.471–12, added; 1.475(c)–1, revised; 1.475(c)– 2, added; 1.475(e)–1, redesignated as 1.475(g)–1; 1.475(e)–1, added; 1.475(f)–1, –2, added; 1.475(g)–1, amended; mark-to-market accounting for dealers in commodities and traders in securities or commodities (REG–104924–98) 10, 47 26 CFR 1.453–12, added; capital gains, installment sales, unrecaptured section 1250 gain (REG–110524–98) 10, 55 26 CFR 1.468B–0, amended; 1.468B–1, amended; 1.468B–5, amended; 1.468B–6 thru 1.468B–9, and intermediary sections, added; 1.1031(k)–1, amended; escrow funds and other similar funds (REG– 209619–93) 10, 28 26 CFR 1.663(c)–1, amended; 1.663(c)–2, revised; 1.663(c)–3, amended; 1.663(c)–4, redesignated; 1.663(c)–4, added; 1.663(c)–5, amended; 1.663(c)–6, added; separate share rules applicable to estates (REG–114841–98) 11, 41

(RP 10) 2, 11

1999–22 I.R.B. 47 June 1, 1999