ADMINISTRATIVE — Internal Revenue Bulletin 2000-16

Notice 2000–22, page 902. Information returns; discharges of indebtedness; penal- ties. The Service will not impose penalties under sections 6721 and 6722 of the Code on certain taxpayers for failure to file information returns or furnish payee statements under sec

tion 6050P for discharges of indebtedness occurring before January 1, 2001. This notice applies only to taxpayers who were made subject to section 6050P by section 533(a) of the Ticket to Work and Work Incentives Improvement Act of 1999.

Announcement 2000–35, page 922. This document contains the annual report to the public concerning Advance Pricing Agreements (APAs) and the APA program under section 521(b) of the Ticket to Work and Work Incentives Improvement Act of 1999.

Announcement 2000–36, page 947. This document contains corrections to final regulations (T.D. 8869, 2000–6 I.R.B. 498) relating to the treatment of corporate subsidiaries of S corporations and interpreting the rules added to the Code by section 1308 of the Small Business Job Protection Act of 1996.

Announcement 2000–37, page 947. This document contains corrections to final regulations (T.D. 8865, 2000–7 I.R.B. 589) relating to the amortization of certain intangible property.

Announcement 2000–38, page 948. This document contains a correction to proposed regulations (REG–100276–97, 2000–8 I.R.B. 682) relating to financial asset securitization investment trusts (FASITs) and real estate mortgage investment conduits (REMICs).

Announcement 2000–40, page 948. This document contains corrections to proposed regulations (REG–209601–92, 2000–12 I.R.B. 829) relating to the tax treatment of sponsorship payments received by exempt organizations.

Announcement 2000–41, page 949. This document contains corrections to proposed regulations (REG–113572–99, 2000–7 I.R.B. 624) relating to qualified transportation fringe benefits.

Announcement 2000–42, page 949. This document contains a partial withdrawal of the notice of proposed rulemaking (PS–6–95 [1996–1 C.B. 859]; REG–209753–95) as it relates to diesel fuel dye injection systems.

April 17, 2000 2000–16 I.R.B.