INCOME TAX—Continued — Internal Revenue Bulletin 2001-2

26 CFR 1.460–6T, removed; 1.460–6(i), (j), added; election not to apply look-back method in de min- imis cases (TD 8775) 31, 4 , 110 26 CFR 1.465–27, added; qualified nonrecourse financing under section 465(b)(6) (TD 8777) 34, 4 , 219 26 CFR 1.861–18, added; transactions involving computer programs (TD 8785) 42, 5 , 494 26 CFR 1.863–3, revised; 1.936–4, –5, –6, –7, removed; 1.863–3(f), (h), amended; 1.936–6(a)(5) Q and A 7a, added; source of income from sales of inventory (TD 8786) 44, 4 , 563 ; corrected (ANN 109) 50, 20 , 739 26 CFR 1.927(e)–1T, removed; 1.927(e)(1), added; source rules for foreign sales corporation transfer pricing (TD 8782) 41, 5 , 474 26 CFR 1.936–11T, added; termination of Puerto Rico and possession tax credit; new lines of business prohibited (TD 8778) 36, 4 , 273 26 CFR 1.985–1, 1.985–4, amended; functional currency; 1.985–8T spe

cial rules; euro conversion; 1.001– 5T added (TD 8776) 33, 6 , 200 26 CFR 1.6662–0, –2, –3, –4, 1.6664–0, amended; 1.6662–7(d), 1.6664–4(g), revised; accuracy-related penalty (TD 8790) 50, 4 , 723 26 CFR 54.9801–1T, amended; –2, revised; 54.9811–1T, added; 54.9831– 1T(b)(1), revised; interim rules for group health plans and health insurance issuers under the Newborns’ and Mothers’ Health Protection Act (TD 8788) 45, 6 , 591 26 CFR 301.7623–1, revised; 301.7623–1T, removed; rewards for information relating to violations of internal revenue laws (TD 8780) 39, 14 , 407 REIT impermissible tenant service in come under section 856(d)(7) (RR 60) 51, 6 , 749 Rescission of notice deficiency (RP 54)

43, 7 , 529 Residential rental property, exempt facili ty bond (RR 47) 39, 4 , 397

Returns preparers:

Identifying numbers (Notice 63) 51,

15 , 758 Sales or exchanges:

S corporations:

Late election relief for (RP 55) 46,

27 , 643 SRLY notice (Notice 38) 34, 7 , 222 Stock and securities:

Distribution; limitations of newly

formed controlled corporations (RR 44) 37, 4 , 315 T-bill rate for 1998 (RR 55) 47, 5 , 665 Revenue Procedure 98–32, 1998–21 I.R.B. 6, corrected (ANN 104) 47, 13 , 673 Taxpayer Relief Act of 1997, section

1510, request for comments (ANN 62) 29, 13 , 79 Trials no penalty for missing or incorrect

(ANN 73) 31, 14 , 120 Veterans of Foreign Wars Post 5316

(ANN 61) 27, 38 , 37 Waiver of period of stay in foreign coun try (RP 38) 27, 29 , 28

January 8, 2001 294 2001–2 I.R.B.