SECTION 1. PURPOSE

This revenue procedure provides guidelines that the Internal Revenue Ser

Tax Year 1998 Date of Departure Country On or Afte r

Albania August 14, 1998 Democratic Republic

of the Congo August 5, 1998 Eritrea June 5, 1998 Guinea-Bissau June 10, 1998 Indonesia May 15, 1998 Pakistan August 16, 1998 Sierra Leone December 23, 1998 Serbia

Montenegro October 11, 1998

Albania March 12,1997 Cambodia July 9, 1997 Central African

Republic March 28, 1997 Democratic Republic

of the Congo May 3, 1997 Republic of the

May 7, 2001 1156 2001–19 I.R.B.

vice will use for advance ruling purposes in determining whether certain transactions purporting to be leases of property are, in fact, leases for federal income tax purposes. This revenue procedure modifies and supersedes Rev. Proc. 75–21, 1975–1 C.B. 715. Rev. Proc. 2001–29, 2001–19 I.R.B. 1160, sets forth the information and representations required to be furnished by taxpayers in requests for advance rulings on leveraged lease transactions within the meaning of this revenue procedure.