INCOME TAX—Continued

Proposed regulations:

26 CFR 25.2702–3, amended; definition of a qualified interest in a grantor retained annuity trust and a grantor retained unitrust (REG– 108287–98) 28, 27 Qualified interest, defined (REG– 108287–98) 28, 27 Regulations:

26 CFR 25.7520–1T, corrected; valuation of annuities, interests for life or term of years, and remainder or reversionary interests (Ann 47) 28 , 29 26 CFR 25.6302–1, added; electronic funds transfers of tax (TD 8828) 30, 120 Valuation of annuities, etc. (Ann 47) 28,

Credits:

Formation (Ann 90) 36, 409 Depreciation and amortization, Form

4562, correction to recovery period for personal property (Ann 82) 32, 244 Depreciation–section 168:

Education credits; information report

ing (Notice 37) 30, 124 Foreign tax credit:

Foreign losses and separate limita tion losses, consolidated returns (TD 8833) 36, 338 Income subject to separate limita

10318, ground water for irrigation, obsolete (Ann 90) 36, 409 Inflation-indexed debt instruments (TD

8838. 38, 424 Installment sales, depreciable real

Closing agreements under section 7702

(Notice 48) 38, 429 Differential earnings rate and recom puted differential earnings rate for mutual life insurance companies (RR 35) 34, 278 Foreign companies, minimum effec tively connected net investment income (RP 30) 31, 221 Loss payment patterns and discount

factors; 1999 accident year (RP 36) 42, 509 Salvage discount factors; 1999 accident

property (TD 8836) 37, 411 Insurance companies:

tions (Ann 66) 27, 9 Work opportunity tax credit; welfare

to-work tax credit (Notice 51) 40, 447 Depletion:

Ground water for irrigation, Ogallala

29

year (RP 37) 42, 517 Interest: