Announcement 2000-2 — Internal Revenue Bulletin 2000-2

The Internal Revenue Service will make information letters written by the National Office of Chief Counsel and the Commissioner, Tax Exempt and Government Entities Division, to members of the public in response to inquiries postmarked or, if not mailed, received after January 1, 2000, available for public inspection quarterly beginning March 31, 2000, and on a continuing quarterly basis. These documents provide general statements of well-defined law without applying them to a specific set of facts. Before any information letter is made available for public inspection, the Service will delete any name, address, and other identifying information as appropriate under the Freedom of Information Act (FOIA) (for example, FOIA personal privacy exemption of 5 U.S.C. § 552(b)(6) and tax details exempt pursuant to I.R.C. § 6103, as incorporated into FOIA by 5 U.S.C. § 552(b)(3)). This approach appropriately balances various privacy interests and the public’s interest in understanding the internal revenue laws. Because information letters do not constitute written determinations (including Chief Counsel Advice) as defined in I.R.C. § 6110, these documents are not subject to disclosure under § 6110.

Information letters are advisory only and have no binding effect on the Service.

Information letters will be found in the Freedom of Information Room, 1111 Constitution Ave., N.W., Washington, DC 20224, where they may be read and copied by the public during the hours 9:00 a.m. to 4:00 p.m, and posted to the Service Website at www.irs.gov/prod/news/efoia.

The principal author of this announcement is Andrea Tucker of the Office of the Associate Chief Counsel (Domestic). For further information regarding this announcement contact Andrea Tucker on (202) 622-4940 (not a toll-free call).

2000–2 I.R.B. 295 January 10, 2000

The applicable”.

On page 67766, column 3, §20.2056(b)-4(d)(5), Example 5, lines 2 and 3 from the bottom of the paragraph, the language “trust and $200,000 of the $2,000,000 passing to the marital trust so that the amount of” is corrected to read “trust so that the amount of”.
On page 67766, column 3, §20.2056(b)-4(d)(5), Example 7, line 7, the language “decedent’s child. Under the terms of the” is corrected to read “decedent’s child. Under the terms of the governing instrument and”.

Cynthia E. Grigsby, Chief, Regulations Unit Assistant Chief Counsel (Corporate).

(Filed by the Office of the Federal Register on December 17, 1999, 8:45 a.m., and published in the issue of the Federal Register for December 20, 1999, 64 F.R. 71021)

Deductions for Transfers for Public, Charitable, and Religious Uses; In General Marital Deduction; Valuation of Interest Passing to Surviving Spouse; Correction

Announcement 2000–3

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

SUMMARY: This document contains corrections to final regulations (T.D. 8846, 1999–51 I.R.B. 679) which were published in the Federal Register on Friday, December 3, 1999, 64 FR 67763, relating to the effect of certain administration expenses on the valuation of property for marital and charitable deduction purposes.

DATES: This correction is effective December 3, 1999.

FOR FURTHER INFORMATION CONTACT: Deborah Ryan, (202) 622-3090 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

The final regulations that are subject to these corrections are under section 2055

and 2056 of the Internal Revenue Code.

Need for Correction

As published, final regulations (TD 8846) contain errors that may prove to be misleading and are in need of clarification.

Correction of Publication

Accordingly, the publication of the final regulations (TD 8846), which were the subject of FR Doc. 99-31094, is corrected as follows:

§20.2055-3 [Corrected]

On page 67765, column 1, §20.2055-3(b)(1)(ii), line 5 from bottom of the paragraph, the language “related to investment, preservation, and” is corrected to read “related to investment, preservation, or”.

§20.2056(b)-4 [Corrected]

On page 67765, column 3, §20.2056(b)-4(d)(1)(ii), line 5 from the bottom of the paragraph, the language “related to investment, preservation, and” is corrected to read “related to investment, preservation, or”.
On page 67766, column 3, §20.2056(b)-4(d)(5), Example 5, line 6 from the bottom of the paragraph, the language “remains $1,800,000. The applicable” is corrected to read “is $2,000,000.

January 10, 2000 296 2000–2 I.R.B.