ADMINISTRATIVE

Rev. Proc. 99–43, page 579. 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. Rev. Proc. 99–19 modified and superseded.

Announcement 99–111, page 587. This document corrects temporary and final regulations (T.D. 8827, 1999–30 I.R.B. 120) relating to the treatment under subpart F of certain payments involving branches of a controlled foreign corporation (CFC) that are treated as separate entities for foreign tax purposes or partnerships in which CFCs are partners. T.D. 8827 corrected.

Actions Relating to Court Decisions are on the page following the Introduction. Finding Lists begin on page ii.

Department of the Treasury Internal Revenue Service