ADMINISTRATIVE

Rev. Rul. 2003–36, page 849. Executors, relief from joint and several liability. This ruling provides for an executor (including any other duly appointed representative) to pursue an existing request for relief from joint and several liability or file a request for relief on behalf of a decedent. Section 6903 of the Code provides that any person acting for another person in a fiduciary capacity assumes the rights of that person. This ruling concludes that the authority granted to fiduciaries in section 6903 includes the authority for an executor (including any other duly appointed representative) to seek relief pursuant to section 6015.

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Actions Relating to Court Decisions is on the page following the Introduction. Announcements of Declaratory Judgment Proceedings Under Section 7428 begin on page 862. Finding Lists begins on page ii. Index for January through April begins on page v.

Notice 2003–25, page 855. Canadian retirement plan trust reporting. Extension of time to file 2002 Forms 3520 and 3520–A with respect to certain Canadian retirement plans and suspension of requirement to file Form 3520–A with respect to certain Canadian retirement plans for which an election has been made under Rev. Proc. 2002– 23.

Notice 2003–26, page 855. Public comments are requested for items that should be included on the 2003–2004 Guidance Priority List. Taxpayers may submit recommendations at any time during the year. All recommendations received by May 15, 2003, will be reviewed for possible inclusion on the original 2003–2004 Guidance Priority List. Recommendations received after May 15, 2003, will be reviewed for inclusion in the quarterly updates if received by August 31, 2003; November 30, 2003; or February 28, 2004, respectively.

Rev. Proc. 2003–34, page 856. Changes in accounting periods; approval. Procedures are provided modifying the term and condition for the Commissioner’s approval to change an annual accounting period under which the taxpayer generally is precluded from carrying back a net operating loss or capital loss generated in the short taxable year. Rev. Procs. 2002–37 and 2002–39 modified.

Rev. Proc. 2003–36, page 859. This document provides guidance to business taxpayers, industry associations, and other interested parties to submit issues for consideration under the Service’s Industry Issue Resolution (IIR) Program. The objective of the IIR Program is to identify frequently disputed or burdensome tax issues that are common to a significant number of business taxpayers that may be resolved through published or other administrative guidance. Notice 2002–20 superseded.

May 5, 2003 2003–18 I.R.B.